https://knews.kathimerini.com.cy/en/business/oil-and-gas-prices-surge-after-attack-on-iran-nuclear-sites
Global energy prices soared and markets plunged Thursday following an attack on Iran’s nuclear facilities, intensifying fears of a wider Middle East conflict and compounding global economic pressures....
https://knews.kathimerini.com.cy/en/comment/opinion/will-they-at-least-stabilize
In May 2025, the Consumer Price Index rose by 0.26 points, reaching 117.57 compared to 117.31 in April. Inflation for the month fell by 0.2%, a rare event not seen in years, not since the Covid-19 crisis....
https://knews.kathimerini.com.cy/en/life/nutella-unveils-first-new-flavor-in-60-years-but-there-s-a-catch
For the first time in its 60-year history, Nutella is mixing things up, literally. The beloved chocolate-hazelnut spread is getting a new twist: Peanut Nutella....
https://knews.kathimerini.com.cy/en/news/cyprus-and-israel-reach-agreement-on-imec-electrical-interconnection-and-natural-gas-development
A key agreement between Cyprus and Israel for an electrical interconnection under the India-Middle East-Europe Economic Corridor project is expected to be finalized later this year....
https://knews.kathimerini.com.cy/en/comment/opinion/politics-served-with-a-side-of-flaouna-karousos-vs-koumis-chartsiotis-dishes-blame-and-electra-fizzles
An all-out brawl on social media, right in the middle of the holy Easter days, between the President of the Famagusta Tourism Development Board and former Minister under Anastasiades' government, Yiannis Karousos, and the current Deputy Minister of Tourism, Kostas Koumis....
https://knews.kathimerini.com.cy/en/news/cyprus-restarts-gas-project-with-european-aid-and-floating-giant-prometheus
Cyprus is gearing up to revive its biggest energy project, the long-delayed natural gas terminal at Vasilikos, after a rocky period following the exit of a Chinese consortium that had taken the lead. ...
https://knews.kathimerini.com.cy/en/news/cyprus-means-business-christodoulides-wraps-up-high-stakes-u-s-investment-tour
Cyprus Means Business: Christodoulides Wraps Up High-Stakes U.S. Investment Tour
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https://knews.kathimerini.com.cy/en/news/trump-s-tariff-blitz-threatens-cyprus-push-for-u-s-investments
Former U.S. President Donald Trump’s dramatic declaration of a ''Liberation” Day'', marked by the sudden imposition of 20% tariffs on imports from the European Union, as well as from Japan, India, Switzerland and China, has sent shockwaves across global markets and ignited fresh fears of a prolonged U.S.-Europe economic standoff....
https://knews.kathimerini.com.cy/en/business/cyprus-courts-u-s-investors-in-energy-tech-and-finance
Cyprus is making a bold push to attract American investment, with President Nicos Christodoulides leading a high-profile delegation to the United States....
https://knews.kathimerini.com.cy/en/news/great-food-great-beaches-great-culture—no-it-s-not-chania-it-s-paphos
Looking for a break this Easter without the hassle of long-distance travel? The Paphos Regional Board of Tourism (PRBT) has just launched a new campaign encouraging locals to enjoy their Easter holidays closer to home, right in the heart of Paphos....
https://knews.kathimerini.com.cy/en/news/president-christodoulides-‘together-we-are-changing-cyprus
President Nicos Christodoulides reflected on his administration’s accomplishments during a televised sit-down with journalists, marking two years since he took office....
https://knews.kathimerini.com.cy/en/news/emergency-helicopter-airlift-from-offshore-platform
A medical emergency in Limassol required an urgent air ambulance transfer....
https://knews.kathimerini.com.cy/en/news/cyprus-energy-gamble-big-promises-bigger-delays-but-a-game-changer-may-be-coming
Last week in Cairo, authorities from the Republic of Cyprus signed a non-binding host country agreement for the development of the Kronos gas field in Block 6 of Cyprus' Exclusive Economic Zone (EEZ).
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https://knews.kathimerini.com.cy/en/news/cyprus-strikes-energy-deals-but-‘aphrodite-gas-delayed-until-2031
Last Friday marked the conclusion of long-running negotiations between the Republic of Cyprus and the consortium developing the Aphrodite gas field, led by U.S. energy giant Chevron. ...
https://knews.kathimerini.com.cy/en/news/cyprus-and-egypt-join-forces-on-major-energy-projects
The Christodoulides administration places great strategic importance—both in terms of energy and geopolitics—on the President’s visit to Egypt....
https://knews.kathimerini.com.cy/en/comment/opinion/the-cyprus-cabinet-s-romantic-february-14-meeting
On Friday, February 14th, President of Cyprus called for an emergency Cabinet meeting. Naturally, many assumed it was to discuss Valentine’s Day – flowers, chocolates, etc. – ...
https://knews.kathimerini.com.cy/en/news/larnaka-new-projects-new-energy-and-a-bright-outlook-for-its-tourism
Larnaka is on the verge of an exciting transformation. With its beautiful coastline, rich history, and growing modern developments, the city is becoming an increasingly attractive spot for tourists....
https://knews.kathimerini.com.cy/en/news/no-relief-in-sight-as-electricity-prices-to-remain-high-until-2027
Electricity prices in Cyprus are expected to remain elevated for the next two years, according to the chairman of the EAC....
https://knews.kathimerini.com.cy/en/business/cyprus-energy-landscape-shifts-as-eni-total-and-kogas-withdraw-from-blocks
The energy landscape of Cyprus' exclusive economic zone (EEZ) is set for a major shift as the French-Italian-Korean consortium of Total, ENI, and Kogas prepares to exit Blocks 2, 3, and 9 at the end of January....
https://knews.kathimerini.com.cy/en/news/eu-warns-of-strong-response-to-possible-us-tariffs
The European Union has expressed deep concern over potential US trade measures, cautioning that any tariffs imposed on European goods would trigger a firm response....
https://knews.kathimerini.com.cy/en/news/cyprus-ends-gas-exploration-in-blocks-2-3-and-9-after-unsuccessful-results
The exploitation licences in blocks 2, 3 and 9 of the Cyprus Exclusive Economic Zone (EEZ) have expired and have not been renewed, as the exploration did not show exploitable natural gas deposits, Minister of Energy, Trade and Industry George Papanastasiou confirmed to the Cyprus News Agency (CYPE)....
https://knews.kathimerini.com.cy/en/news/1-cyprus-moves-closer-to-energy-independence-as-drilling-begins-in-block-5
Excitement is building as drilling in Block 5 of Cyprus’ exclusive economic zone (EEZ) officially began on Friday. President Nikos Christodoulides announced the development with enthusiasm, highlighting its potential to position Cyprus as a key player in the European energy market....
https://knews.kathimerini.com.cy/en/business/aegean-tensions-and-cyprus-energy-ambitions
While Cyprus advances its energy ambitions, tensions between Greece and Turkey over the Aegean Sea persist....
https://knews.kathimerini.com.cy/en/life/how-22-billion-pounds-of-coffee-waste-could-save-the-environment
What if your daily cup of coffee did more than fuel your morning? What if it also helped build stronger, greener cities? ...
https://knews.kathimerini.com.cy/en/news/exxonmobil-to-begin-drilling-in-cyprus-eez-in-january-2025
ExxonMobil’s drilling rig is set to begin operations in Cyprus’ Exclusive Economic Zone (EEZ) in mid-January 2025, according to Energy Minister George Papanastasiou. The rig will target the "Electra" site in Block 5, with the drilling process expected to last approximately one month....
https://knews.kathimerini.com.cy/en/news/major-oil-spill-in-black-sea-after-two-russian-tankers-wreck
Two Russian oil tankers have sustained severe damage in the Black Sea, leading to an oil spill, according to Russian authorities....
https://knews.kathimerini.com.cy/en/news/prometheus-sets-sail-a-new-energy-chapter-for-cyprus-begins
Cyprus has taken a big step toward its energy future with the launch of the floating natural gas plant Prometheus from Shanghai....
https://knews.kathimerini.com.cy/en/business/major-developments-expected-in-2025-for-vasilikos
The year 2025 is shaping up to be pivotal for the long-delayed PV terminal project in Vasilikos, following last year’s setback caused by the withdrawal of the Chinese consortium CMC. ...
https://knews.kathimerini.com.cy/en/business/exxonmobil-and-qatar-energy-to-drill-two-new-wells-in-cyprus-offshore-gas-fields
ExxonMobil, in partnership with Qatar Energy, is planning to drill two more wells in Cyprus' offshore Blocks 5 and 10 early next year. ...
https://knews.kathimerini.com.cy/en/news/israel-cyprus-greece-energy-ties-more-important-than-ever-says-ambassador
Israel’s Ambassador to Cyprus, Oren Anolik, emphasized the growing importance of cooperation between Israel, Cyprus, and Greece, particularly in the field of energy,...
