https://knews.kathimerini.com.cy/en/comment/opinion/too-much-sun-too-much-wind-too-little-strategy
If there's too much sun, we face energy problems because the solar panels collect more energy than we can store. If it's too cold, we face problems because the system can't handle the increased demand for heating....
https://knews.kathimerini.com.cy/en/business/vasilikos-project-needs-another-€200-million—will-it-ever-be-finished
The ambitious Vasilikos gas terminal project in Cyprus is facing significant financial and logistical hurdles, with an additional €200 million needed to complete construction. ...
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/news/€8-million-and-counting-as-crete-cyprus-interconnector-delays-pile-up
The long-awaited electricity interconnection between Crete and Cyprus is facing mounting financial pressure, with delays already adding at least €8 million in extra costs....
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/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/comment/opinion/cyprus-justice-system-meets-police-academy
Former Justice Minister Nikos Kosis likened recent prisoner escapes to a slapstick comedy featuring Thanasis Veggos, the beloved Greek comedian. ...
https://knews.kathimerini.com.cy/en/business/cyprus-aims-for-cheaper-electricity-with-competitive-market-by-2025
The government is ramping up efforts to bring down electricity costs for households and businesses by July 2025 through the introduction of a competitive electricity market, Energy Minister George Papanastasiou announced on Tuesday. ...
https://knews.kathimerini.com.cy/en/comment/opinion/from-cats-to-cable-cars-holiday-highlights-with-a-dose-of-sass
Two holiday snapshots stood out among the many posted during the festive season. In one, former President Nicos Anastasiades proudly poses with the ever-smiling Elias Psinakis....
https://knews.kathimerini.com.cy/en/news/prometheas-anchored-in-malaysia-for-inspections
The LNG tanker ETYFA-Prometheas is currently stationed in the Malacca Strait, Malaysia, undergoing technical inspections, according to Energy Minister George Papanastasiou....
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/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/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/comment/opinion/cyprus-endless-love-affair-with-unfinished-projects
''Oh Prometheus, if only you knew how much you’ve cost us, you’d blush with shame. Yet no one involved seems to care. In any case, full sails ahead.''...
https://knews.kathimerini.com.cy/en/business/cyprus-floating-lng-unit-prometheus-finally-sets-sail-from-shanghai
After months of delays linked to the Vasilikos scandal, Cyprus' Floating Storage and Regasification Unit (FSRU) 'Prometheus' is finally set to leave Shanghai in early December. ...
https://knews.kathimerini.com.cy/en/business/cyprus-eyes-new-offshore-gas-licenses-as-global-demand-surges
Cyprus is considering a new round of licensing for offshore gas exploration to capitalize on high demand, according to Energy Minister Giorgos Papanastasiou. With estimates suggesting that undiscovered gas reserves could be around 15-16 trillion cubic feet...
https://knews.kathimerini.com.cy/en/comment/opinion/the-cost-of-the-subsidies-is-borne-by-the-state-not-the-citizens
''I am committed to lowering electricity prices,'' Minister of Energy Mr. Papanastasiou told us when he assumed office. Since then, we’ve watched in dismay as electricity prices have steadily risen, with various justifications that no longer convince anyone....
https://knews.kathimerini.com.cy/en/news/cyprus-achieves-record-€4-7-billion-in-exports-continuing-years-long-growth
Minister of Energy, Commerce and Industry George Papanastasiou praised the expanding momentum in the Cypriot export activity, stressing that in 2023 exports rose by an annual 38% continuing their steady rising trend of the past years....
https://knews.kathimerini.com.cy/en/news/cyprus-reaches-agreement-for-delivery-of-fsru
The Cypriot government and a Chinese consortium have come to an agreement for the delivery of the floating storage regasification unit (FSRU) ''Prometheus,'' which is expected to be finalized within 60 days....
https://knews.kathimerini.com.cy/en/news/vasilikos-terminal-in-limbo-as-negotiations-hang-by-a-thread
According to Apostolos Tomaras in today's Kathimerini, four months after the Chinese consortium pulled out of the construction of the Vasilikos terminal, efforts to fill the gap are still getting started....
https://knews.kathimerini.com.cy/en/news/a-night-of-remembrance-as-israel-honors-victims-of-the-oct-7th-massacre
On the evening of October 7, 2024, the Israeli Embassy organized a poignant memorial ceremony at the Hilton Hotel in Nicosia, Cyprus. ...
https://knews.kathimerini.com.cy/en/news/cabinet-greenlights-solar-water-heating-grants-up-to-€900
The Cabinet approved a grant scheme on Wednesday aimed at installing solar water heating systems in homes, according to Energy, Commerce, and Industry Minister Giorgos Papanastasiou....
https://knews.kathimerini.com.cy/en/news/cyprus-leads-med9-ministers-in-push-for-resilient-mediterranean-energy-ecosystem
The MED9 Energy Ministers reaffirmed their commitment to support the advancement of a sustainable, secure, and resilient future for the Mediterranean region....
https://knews.kathimerini.com.cy/en/news/aphrodite-gas-project-moves-to-new-phase-of-talks-from-january-2025
Chevron and the Republic of Cyprus have agreed to enter a four-month negotiation period to finalize plans for the development of the ‘Aphrodite’ gas field in Block 12 of Cyprus’ Exclusive Economic Zone (EEZ).
...
https://knews.kathimerini.com.cy/en/news/cyprus-and-chevron-set-timeline-for-aphrodite-gas-field-resolution
The Republic of Cyprus and Chevron have agreed to hold discussions over the next four months in order to seek an amicable solution that ensures the development of the Aphrodite gas field without further delays....
https://knews.kathimerini.com.cy/en/news/minister-backs-cyprus-crete-cable-raek-to-review
According to Apostolos Tomaras' article which was published in Kathimerini's Cyprus edition, Cyprus and Greece are poised to resolve lingering issues surrounding the electricity interconnection project between Cyprus and Crete......
https://knews.kathimerini.com.cy/en/news/cabinet-approves-€25m-funding-for-electricity-cable-project-over-5-years
Cypriot President Nicos Christodoulides will travel to Athens following a positive decision regarding the electricity cable project. On Thursday, he is scheduled to hold a private meeting with Greek Prime Minister Kyriakos Mitsotakis....
https://knews.kathimerini.com.cy/en/news/israel-sees-cyprus-greece-power-link-as-key-to-regional-security
Israel has placed high importance on the electrical interconnection project that will link its electricity grid with Cyprus and Greece, calling it a "top priority," Israeli Energy and Infrastructure Minister Eli Cohen announced....
https://knews.kathimerini.com.cy/en/news/high-stakes-talks-on-cyprus-greece-power-link-leave-crucial-questions-unresolved
A high-level meeting at the Presidential Palace in Nicosia has concluded discussions on the Great Sea Interconnector (GSI), the ambitious electricity link between Cyprus and Greece....
