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1. PwC Cyprus partners with leading companies for groundbreaking Project Symbiosis

A leading Consortium comprised of PwC Cyprus, Multimarine Services Ltd, SignalGeneriX Ltd, and Theophrastus Research Institute, has been awarded the Project Symbiosis to Harmonise Offshore Renewable Energy with Defence Operations by the European Defence Agency (EDA)....

2. EU probes €101 million grant in Vasilikos project and Cyprus officials' role

The European Public Prosecutor's Office (EPPO) investigation into potential misconduct involving Cyprus's Vasilikos liquefied natural gas (LNG) terminal project, which received €101 million in EU funds, is advancing and is now in a critical phase, according to a report by APostolos Tomaras....

3. Euronet remains only bidder in delayed JCC sale

The process for the sale of JCC Payment Systems, which began confidentially over the summer, appears to have hit a "snag," with Euronet as the only prospective buyer. ...

4. University of Nicosia Hosts Ceremonial Event for NEOLAiA European University Alliance

5. 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....

6. 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....

7. US sanctions two Cypriots over spyware threat

Two Cypriot individuals were included in the new designations issued on Monday by the Treasury’s Office of Foreign Assets Control (OFAC)....

8. Energy minister and finance minister clash over Cyprus' energy future

The Republic of Cyprus is at a critical juncture in its energy sector as multiple projects face delays and uncertainty, raising concerns about the country's future energy security and international relations....

9. Aphrodite field consortium updates plan amid Cypriot energy dispute

Partners of the consortium for the “Aphrodite” gas field in block 12 of the Cypriot Exclusive Economic Zone said they intend to submit in the coming days to the Cypriot government for approval an “updated development plan”, on the basis of the previous development and production plan, as approved by the government, following a notice for breach of contract sent by the Cypriot Minister of Energy....

10. Tender for Vassiliko LNG terminal project manager expected today

Natural Gas Infrastructure Company (ETYFA) Board of Directors meets at 10 am local time on Tuesday to discuss issue of the liquefied natural gas (LNG) terminal in Vassiliko. ...

11. Limassol’s recurring pollution problem: Calls for stronger government action

A recurring pollution problem in the Limassol sea has once again provoked strong reactions from citizens, highlighting a lack of coordination among state departments. ...

12. Why we failed as a country

In July, the resilience of Cypriot society was tested once again as it faced yet another challenge, underscoring its entrapment in heavy fuel oil. This entrapment translates into an annual fine of €200 million due to emissions. ...

13. Cyprus and China lock horns over Vasilikos issues

Apostolos Tomaras writes in this Sunday's Kathimerini that negotiations between Cyprus and the Chinese consortium over the "PROMETHEAS" ship, currently in Shanghai, have become a contentious issue as Cyprus seeks to gain control of the vessel. ...

14. EU demands Cyprus return €101M in energy project funds

The Republic of Cyprus is preparing to respond to the European Commission by the first week of September regarding a demand to return €101 million in funding that was allocated for the Vasilikos energy terminal, Energy, Trade, and Industry Minister George Papanastasiou said Thursday....

15. Cyprus' Vasilikos gas terminal project fails after 20 years

Cyprus has faced a protracted and troubled effort to introduce natural gas to its internal market for electricity generation over the past two decades. ...

16. Corruption at the heart of the Cyprus problem

Is there any doubt that corruption is a major reason why the Cyprus problem remains unresolved? A recent example is the Vasiliko case, the construction project of the ''Liquefied Natural Gas Storage and Regasification Terminal'' in Vasiliko....

17. DISY President urges transparency amid Vasilikos scandal

DISY President Annita Demetriou's call for transparency regarding the Vassilikos scandal carries dual significance. ...

18. Cyprus could face financial strain over Vasilikos debacle

The abandonment of the Vasilikos terminal project by a Chinese consortium has triggered a cascade of financial and operational challenges for Cyprus, with substantial implications for state finances and energy infrastructure....

19. Adnoc and BP engage in high-stakes Talks with Energy Minister

Officials from the United Arab Emirates' Abu Dhabi National Oil Company (Adnoc) and British multinational BP will be in Cyprus today, Friday, for meetings with Energy Minister George Papanastasiou. ...

20. Cypriot and foreign investors keen on Larnaca's €30M Marina project

Transport Minister Alexis Vafeadis announced significant interest from both Cypriot and foreign investors in the development of the Larnaca marina and port....

21. Ministers allegedly unaware of EU probe into Vasiliko project

The European Commission has launched an investigation into the Vasiliko project, sparking a wave of controversy and finger-pointing among Cyprus officials....

22. Vasilikos: Cyprus political figures and public officials to be summoned

The European Public Prosecutor's Office has launched an investigation into the construction contract of the Natural Gas Terminal (NGA) in Vasilikos, Cyprus....

23. Cyprus relaunches LNG terminal tender after €0.5B contract termination

Cyprus will soon launch tenders for the completion of the Liquefied Natural Gas Terminal for electricity generation, despite the termination of a €0.5 billion......

24. EU probes Vasilikos terminal over misuse of funds

The European Public Prosecutor’s Office (EPPO) has launched an investigation into the liquefied natural gas (LNG) import terminal project in Cyprus, citing suspicions of public procurement fraud, misuse of EU funds, and corruption. ...

25. EU Prosecutor probes Vasilikos LNG project for fraud

The European Public Prosecutor's Office (EPPO) has launched an investigation into the Vasilikos liquefied natural gas (LNG) import terminal project in Cyprus, amid suspicions of public procurement fraud, misappropriation of EU funds, and corruption. ...

26. High electricity costs in Cyprus due to lack of renewables

As high temperatures drive increased energy demand in Cyprus, the island remains heavily reliant on mazut for electricity production....

27. EU reviews impact of Chinese exit from Vasilikos' LNG terminal

The European Commission is assessing the potential impacts on project funding following the withdrawal of a Chinese consortium from the construction of the LNG terminal in Vasilikos, a spokesperson for the European Commission confirmed....

28. Vasilikos LNG terminal to proceed despite challenges, says President

The liquefied natural gas terminal project in Vasilikos will be implemented, Cyprus President, Nikos Christodoulides, said on Monday, noting that the project should never have been assigned to the Chinese CPP-METRON Consortium Ltd....

29. ETYFA receives unfinished Vasilikos Terminal, plans to complete by 2025

The government is on a countdown following the termination of the contract for the construction of Terminal F.P. at Vasilikos by the CPP-METRON CONSORTIUM LTD....

30. Turmoil at Vasilikos as Chinese consortium pulls out, terminal project in limbo

The sudden withdrawal of the CPP-METRON CONSORTIUM LTD from the Vasilikos terminal project has added a new layer of complexity to the already troubled initiative. ...