https://knews.kathimerini.com.cy/en/news/eastmed-clickbait-emerges-after-eni-talks-gas-plans
ENI chief says the Italian company will fully replace Russian gas by 2025 by using additional resources from the eastern Mediterranean, a reference to Cyprus that was taken out of context by local media...
https://knews.kathimerini.com.cy/en/news/russia-has-amassed-huge-profits-from-fuel-despite-sanctions
Russia has amassed €158 billion in revenues from fossil fuel exports in the six months of its war against Ukraine, benefiting from high prices, according to a study by an independent think tank published today, which calls for more effective sanctions....
https://knews.kathimerini.com.cy/en/news/metsola-europe-s-bloc-is-made-stronger-by-the-discovery-of-so-much-natural-gas-in-your-country
In anticipation of Roberta Metsola's visit to Cyprus on September 9th, Kathimerini's George Kakouris sits down with the European Parliament President and gets her take on the Cyprus problem, recently discovered natural gas reserves and the issue behind Cyprus' "golden passport" scandal....
https://knews.kathimerini.com.cy/en/news/russia-says-no-to-oil-price-caps-warns-of-cut-off
The Kremlin said on Friday that Russia would stop selling oil to countries that impose price caps on Russia's energy resources - caps that Moscow said would lead to significant destabilization of the global oil market....
https://knews.kathimerini.com.cy/en/news/lukoil-chief-falls-to-his-death-from-hospital-window-in-moscow
Ravil Maganov, the chairman of Russia's second-largest oil producer Lukoil, died on Thursday after falling from a hospital window in Moscow, two sources familiar with the situation said, becoming the latest in a series of businessmen to meet with sudden unexplained deaths....
https://knews.kathimerini.com.cy/en/news/washington-reiterates-gas-hopes-for-entire-region
The US state department has reiterated the American position on Cyprus' natural resources this week after ENI announced a new gas find south of the island, with a Cyprus News Agency report alluding to slightly altered language in the latest statement attributed to an official from across the pond...
https://knews.kathimerini.com.cy/en/news/what-is-causing-the-unexpected-drop-in-global-food-prices
Six months after Russia's invasion of Ukraine, the inflationary shock is still causing a "headache" for markets, government staff and households, with the price of natural gas hitting new record levels yesterday....
https://knews.kathimerini.com.cy/en/news/euro-at-new-20-year-low-against-the-us-dollar
The euro slipped to a new twenty-year low due to fears of increased inflationary pressures and an impending recession in Europe as a result of the energy crisis....
https://knews.kathimerini.com.cy/en/news/cyprus-stoked-about-gas-discovery-s-eu-prospect
Nicosia says preliminary estimates of a new gas discovery in the country’s exclusive economic zone raise the prospect that big players could still include the island in their plans to supply the European Union with much needed natural gas...
https://knews.kathimerini.com.cy/en/news/2-5-tcf-deposit-discovered-by-eni-total-consortium-in-block-6
The ENI TOTAL consortium made an important discovery of natural gas in Block 6. According to an official announcement by the Italian company,...
https://knews.kathimerini.com.cy/en/news/sleepy-greek-port-becomes-us-arms-hub
But the sleepy port of Alexandroupoli in northeastern Greece has taken on a central role in increasing the US military presence in Eastern Europe to contain Russian aggression. That flow has angered not only Russia but also neighboring Turkey, underlining how war in Ukraine is reshaping Europe’s economic and diplomatic relationships....
https://knews.kathimerini.com.cy/en/news/cyprus-maintains-low-vat-and-consumption-tax-on-fuel
Cyprus maintains a very low VAT rate and lower consumption taxes on fuel compared to Germany and other EU countries, Minister of Finance Constantinos Petrides notes in a written statement....
https://knews.kathimerini.com.cy/en/news/erdogan-keeps-suspense-as-he-helicopters-to-drillship
Suspense in Nicosia and Athens were unceremoniously put on hold on Tuesday when Turkish President Recep Tayyip Erdogan announced the launch of the country’s Abdulhamid Han drill ship in contested waters off Cyprus but was in no hurry to share coordinates...
https://knews.kathimerini.com.cy/en/news/ec-promoting-bi-communal-solar-energy-power-plant
The European Commission has been promoting the idea of creating a bi-communal solar power plant that would “contribute to the energy needs of both communities”, European Commission President Ursula von der Leyen said in an interview with the Cyprus News Agency....
https://knews.kathimerini.com.cy/en/news/greek-monuments-to-go-dark-in-winter
After this summer, it is highly likely that streets could become a little darker, historical monuments no longer bathed in artificial light throughout the night and households could face periodic outages, Environment and Energy Minister Kostas Skrekas warns....
https://knews.kathimerini.com.cy/en/news/russia-sending-money-to-turkey-for-the-$20-billion-akuyo-nuclear-plant
A Russian state-owned company is transferring money to a subsidiary that’s building a $20 billion nuclear power plant on Turkey’s Mediterranean coast, alleviating concerns the project could be delayed by war sanctions....
https://knews.kathimerini.com.cy/en/news/cyprus-and-greece-coordinating-closely-in-anticipation-of-turkish-provocations
Greece and Cyprus accused rival Turkey on Thursday of stoking tensions as Ankara prepared to dispatch a drillship to the Mediterranean next month in a search for natural gas....
https://knews.kathimerini.com.cy/en/business/cyprus-gas-discoveries-boosted-by-eu-s-shift-from-russia-supplies
The European Union’s drive to slash reliance on Russian natural gas is boosting the strategic importance of finds in Cyprus, the country’s energy minister said....
https://knews.kathimerini.com.cy/en/news/europe-agrees-to-compromise-deal-on-gas-rations-as-russia-squeezes-supply
European Union governments agreed Tuesday to ration natural gas this winter to protect themselves against any further supply cuts by Russia as Moscow pursues its invasion of Ukraine....
https://knews.kathimerini.com.cy/en/news/germany-dims-lights-as-it-leads-europe-in-saving-energy
Summer nights in the wealthy Bavarian city of Augsburg this year are eerily dark and quiet: The facades of historic buildings are not illuminated, street lights are dimmed and most of the fountains are not operating....
https://knews.kathimerini.com.cy/en/news/european-nations-asked-to-immediately-start-rationing-natural-gas
To avoid energy shortages that would stall economic growth and leave households cold in the winter as Russia weaponizes its gas exports, European countries should immediately start rationing use of the fuel, the European Commission said on Wednesday, and cut their use 15 percent until next spring....
https://knews.kathimerini.com.cy/en/news/turkey-will-resume-drilling-near-cyprus-next-month
Turkey next month will resume drilling operations near the divided island of Cyprus, a top official said Wednesday, threatening to spark a new diplomatic row with the EU....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-what-is-the-agenda-for-the-eastern-mediterranean
In recent years, Cyprus, Greece and Israel have significantly intensified their political, energy and military relations....
https://knews.kathimerini.com.cy/en/business/nightmare-scenario-for-europe-as-russia-shuts-off-gas-pipeline
The main natural gas pipeline between Russia and Germany shut down for scheduled maintenance Monday, raising concerns that Moscow could use the repairs as a pretext for a longer shutdown as it wields energy supplies as leverage in the Ukraine war....
https://knews.kathimerini.com.cy/en/news/turkey-to-deploy-its-fourth-drillship-in-august
Turkey’s fourth drilling ship will start work in the first half of August and probably in the Mediterranean, according to Turkey’s Energy Minister Fatih Donmez....
https://knews.kathimerini.com.cy/en/news/eastmed-feasibility-study-hindered-due-to-turkey-s-harassment
The commercial viability study of the EastMed pipeline is not proceeding as planned because Turkey is "interfering with the Nautical Geo ship conducting environmental surveys," Foreign Minister Ioannis Kasoulides told the Parliamentary Committee on Foreign Affairs....
https://knews.kathimerini.com.cy/en/news/lng-issues-to-persist-if-cyprus-problem-remains-unresolved
If efforts to resolve the Cyprus problem continue, then the issue of natural gas will continue as well, Foreign Minister Ioannis Kasoulides said on Tuesday while speaking before the House Foreign Affairs Committee which discussed the EastMed developments, its geopolitical significance and the external dimension of the "EuroAsia Interconnector"....
https://knews.kathimerini.com.cy/en/news/eu-leaders-tackle-inflation-energy-shocks-from-russia-s-war
A day after endorsing Ukraine’s candidacy to join the European Union, the bloc’s leaders turned their attention Friday to the severe economic turbulence looming over the coming months as the full impact of Russia’s war sinks in and the threat of recession rises....
https://knews.kathimerini.com.cy/en/business/ey-survey-energy-security-concerns-reinforce-government-focus-on-renewable-energy-programs
Energy security has risen to the top of government priority lists in the wake of geopolitical instability and spiralling gas prices....
https://knews.kathimerini.com.cy/en/news/europe-must-be-prepared-for-total-russian-gas-cut-off-this-winter
The International Energy Agency has warned that Europe must prepare immediately for the complete severance of Russian gas exports this winter, urging governments to take measures to cut demand and keep aging nuclear power stations open....