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12° Nicosia,
13 February, 2025
 

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Displaying results 1-30 of 195 matches for query gas prices.

1. No relief in sight as electricity prices to remain high until 2027

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....

2. Trump’s tariff plans could hurt Cyprus’ economy

https://knews.kathimerini.com.cy/en/news/trump-s-tariff-plans-could-hurt-cyprus-economy

The looming inauguration of U.S. President-elect Donald Trump has stirred concern across the Eurozone, and Cyprus is no exception....

3. Thanksgiving travel in the US hits record highs

https://knews.kathimerini.com.cy/en/news/thanksgiving-travel-in-the-us-hits-record-highs

Thanksgiving is here, and so is the great American tradition of traveling to be with loved ones. ...

4. Huge fuel price gap in Nicosia puts consumers at a disadvantage

https://knews.kathimerini.com.cy/en/business/huge-fuel-price-gap-in-nicosia-puts-consumers-at-a-disadvantage

Consumers in Nicosia are facing large price differences at fuel stations, with some paying up to 308 euros more for heating oil than others. This price gap is raising questions about unfair competition in the market,...

5. Finance Minister stands firm on economic stability amid rising pressures

https://knews.kathimerini.com.cy/en/news/finance-minister-stands-firm-on-economic-stability-amid-rising-pressures

In a recent interview with Andreas Kimitris, Cyprus Finance Minister Makis Keravnos spoke candidly about his firm stance on the country’s economic stability. ...

6. Israel and Cyprus in talks for natural gas supply

https://knews.kathimerini.com.cy/en/news/israel-and-cyprus-in-talks-for-natural-gas-supply

The energy ministries of Israel and Cyprus are currently engaged in discussions aimed at potential cooperation in the energy sector, according to a report by S&P Global. ...

7. CERA decision delay stalls Cyprus-Crete electrical cable project

https://knews.kathimerini.com.cy/en/news/cera-decision-delay-stalls-cyprus-crete-electrical-cable-project

The Regulatory Authority of Cyprus (CERA) has once again postponed its decision on the timing of cost recovery for the Cyprus-Crete electrical cable project, causing frustration among stakeholders....

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

https://knews.kathimerini.com.cy/en/news/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....

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

https://knews.kathimerini.com.cy/en/business/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....

10. Rising costs of utilities and dining out are hitting home

https://knews.kathimerini.com.cy/en/news/rising-costs-of-utilities-and-dining-out-are-hitting-home

The Harmonised Index of Consumer Prices (HICP) in Cyprus remained steady at 3% in June, according to data released on Wednesday by the Cyprus Statistical Service (CyStat). ...

11. Lidl’s 21st store in Paphos boosts Cyprus retail battle

https://knews.kathimerini.com.cy/en/business/lidl-s-21st-store-in-paphos-boosts-cyprus-retail-battle

Almost 15 years after Lidl Cyprus entered the Cypriot market, the company is set to open its 21st store in Paphos, specifically in Neon Mall....

12. How Russian LNG still powers Europe despite sanctions

https://knews.kathimerini.com.cy/en/news/how-russian-lng-still-powers-europe-despite-sanctions

The Yakov Gakkel LNG tanker plays a crucial role in maintaining Europe's gas supply, transporting liquefied natural gas (LNG) from Siberia to European terminals....

13. Most affordable unleaded 95 prices found in Nicosia

https://knews.kathimerini.com.cy/en/news/most-affordable-unleaded-95-prices-found-in-nicosia

Fuel prices have recently experienced a slight decrease, offering relief to consumers who have been grappling with consecutive price hikes, straining their wallets....

14. Dr. Hepburn: ''Cyprus has the dirtiest and most expensive grid in the EU''

https://knews.kathimerini.com.cy/en/news/dr-hepburn-cyprus-has-the-dirtiest-and-most-expensive-grid-in-the-eu

During his presentation at the Green Agenda Cyprus Summit held today at the Hilton Nicosia, Professor of Environmental Economics at the University of Cyprus, Cameron Hepburn, discussed Cyprus' energy transition and its decoupling from fossil fuels to achieve zero emissions and protect the environment. ...

15. EAC chairman George Petrou dives into energy storage advancements

https://knews.kathimerini.com.cy/en/news/eac-chairman-george-petrou-dives-into-energy-storage-advancements

George Petrou, the newly appointed chairman of the Electricity Authority of Cyprus (EAC), faces a daunting task as he takes the helm during a turbulent......

16. Electricity bills to rise by 2.5% in April

https://knews.kathimerini.com.cy/en/news/electricity-bills-to-rise-by-2-5-in-april

An increase of 2.5% is expected in electricity bills for April compared to March. Christina Papadopoulou, the Press Spokeswoman for the Electricity Authority of Cyprus (EAC), explained to...

17. Olive oil jumps 61.7% in March 2024 compared to last year

https://knews.kathimerini.com.cy/en/news/olive-oil-jumps-61-7-in-march-2024

In March 2024, the price of olive oil surged by 61.7% compared to the same period in 2023, as reported by the Cyprus Consumers Association....

18. Gasoline prices rise across Cyprus provinces after subsidy removal

https://knews.kathimerini.com.cy/en/news/gasoline-prices-rise-across-cyprus-provinces-after-subsidy-removal

Following the elimination of the 8.3-cent subsidy per liter on April 1st, increases in the average price of 95-octane gasoline have been observed in the provinces of Limassol, Nicosia, and Famagusta, with the exception of Paphos, where the price only rose by 8 cents....

19. How Russia defies sanctions with its secret gas fleet

https://knews.kathimerini.com.cy/en/news/how-russia-defies-sanctions-with-its-secret-gas-fleet

Moscow's response to Western sanctions on the Russian gas industry has revealed a strategic shift in its approach, with the creation of a 'shadow fleet' of liquefied natural gas (LNG) carriers. ...

20. Cyprus ends fuel tax break, prices set to spike from April 1st

https://knews.kathimerini.com.cy/en/news/cyprus-ends-fuel-tax-break-prices-set-to-spike-from-april-1st

Starting April 1st, the reduced consumption tax on fuels (95-octane gasoline and diesel) will come to an end, reverting to 8.3 cents per liter for gasoline and 6.3 cents per liter for heating oil....

21. High-Level consortium official to visit Cyprus amid LNG terminal project stalemate

https://knews.kathimerini.com.cy/en/news/high-level-consortium-official-to-visit-cyprus-amid-lng-terminal-project-stalemate

A senior official from the consortium responsible for the construction of the liquefied natural gas (LNG) import terminal at Vassilikos is expected to visit Cyprus this week, announced George Papanastasiou...

22. ECB considers rate cut despite falling inflation

https://knews.kathimerini.com.cy/en/news/ecb-considers-rate-cut-despite-falling-inflation

The European Central Bank is set to keep interest rates at record highs on Thursday and take baby steps towards cutting them in the coming months as inflation continues to fall despite stubbornly high underlying price pressures....

23. EU mulls tax breaks for islands nations on aviation fuel

https://knews.kathimerini.com.cy/en/news/eu-mulls-tax-breaks-for-islands-nations-on-aviation-fuel

European Union nations are in talks to grant exemptions for a proposed EU-wide tax on aviation fuel, particularly favoring islands. A draft document from Belgium,...

24. Putin's blackmail fails to halt green transition

https://knews.kathimerini.com.cy/en/news/putin-s-blackmail-fails-to-halt-green-transition

Ursula von der Leyen, the president of the European Commission, stated on Tuesday that Vladimir Putin's attempts at "blackmail" have backfired, hastening the EU's shift toward green energy. ...

25. CERA proposes reduced electricity increases amidst parliamentary discussion

https://knews.kathimerini.com.cy/en/news/cera-proposes-reduced-electricity-increases-amidst-parliamentary-discussion

The head of Regulatory Energy Cyprus (Cera), Andreas Poulikkas, briefed the Parliament's Finance Committee on the latest proposals submitted by the Electricity Authority of Cyprus (EAC) for review. ...

26. Makis Keravnos voices concerns over geopolitical developments

https://knews.kathimerini.com.cy/en/news/makis-keravnos-voices-concerns-over-geopolitical-developments

The global supply chain disruption and its economic impact on Europe and the world have raised concerns among Europeans....

27. Can Cyprus withstand yet another crisis?

https://knews.kathimerini.com.cy/en/comment/opinion/can-cyprus-withstand-yet-another-crisis

The recent Houthi attacks on commercial vessels navigating the Red Sea have triggered another disturbance in the intricate web of the global supply chain...

28. How the consumer pocket faces a perfect economic storm

https://knews.kathimerini.com.cy/en/news/how-the-consumer-pocket-faces-a-perfect-economic-storm

The uncertainty and the intense upheavals in the global supply chain continue....

29. US and UK launch joint operations against Houthis in response to Red Sea ship attacks

https://knews.kathimerini.com.cy/en/news/houthi-rebels-reject-us-maritime-shield-typhoon-aircraft-take-off-from-akrotiri

As the sun sets over the Akrotiri base in Cyprus, a celestial dance unfolds. Two pairs of Typhoon FGR4 aircraft, gracefully reported by British TV channels, take flight....

30. Tensions escalate as Aphrodite field negotiations reach breaking point

https://knews.kathimerini.com.cy/en/comment/opinion/tensions-escalate-as-aphrodite-field-negotiations-reach-breaking-point

The final phase of negotiations for the development of the Aphrodite field, led by Chevron's consortium in Block 12 and the Republic of Cyprus, is approaching its deadline, set by Nicosia for the commencement of FEED operations on the upcoming Sunday, November 5....

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