https://knews.kathimerini.com.cy/en/news/cyprus-energy-hub-hopes-hanging-by-a-thread
Nicosia is eagerly awaiting news any day now that could potentially revive the island’s hopes in the energy game, with all eyes on whether a UK-based company with contracts in Israel could find enough gas to bypass red tape and send some of it to a friendly neighbor’s hub...
https://knews.kathimerini.com.cy/en/business/major-projects-underway-in-larnaca-nicosia
The Cyprus real estate and construction sectors are moving past the demise of the scrapped Citizenship for Investment Programme, turning their attention to the capital and the once-neglected coastal town of Larnaca, while Limassol, with its high-rises and cosmopolitan lifestyle, is still seeing part of the action....
https://knews.kathimerini.com.cy/en/news/high-quality-natural-gas-found-in-block-10-of-cyprus-eez
The "Glafkos-2" appraisal well in Block 10 of the Exclusive Economic Zone (EEZ) of the Republic of Cyprus revealed the existence of high-quality natural gas, according to an announcement issued on Monday by the Ministry of Energy, Trade and Industry....
https://knews.kathimerini.com.cy/en/news/finance-ministry-increases-2022-inflation-estimate-to-4
The Ministry of Finance has revised an initial 2022 inflation estimate of 1.5% to 4% due to the rise in petrol prices in the midst of the crisis in Ukraine....
https://knews.kathimerini.com.cy/en/news/loss-of-1-5-to-2-of-cypriot-gdp-due-to-a-ban-on-russian-flights
Cyprus could lose 1.5% to 2% of its growth rate this year if the Cypriot airspace (under EU sanctions) to Russia remains closed for the whole of 2022, estimates the rating agency DBRS Morningstar, noting that despite the negative impact, the war in Ukraine will not derail the medium-term prospects of the Cypriot economy....
https://knews.kathimerini.com.cy/en/news/up-to-10-cents-more-for-oil-and-gas-from-today
An increase in the price of fuel is expected to begin today. The deputy director of the Consumer Protection Service, Antonis Ioannou, told Kathimerini...
https://knews.kathimerini.com.cy/en/news/fuel-tax-to-be-reduced-by-7-cents-per-liter
Cyprus Finance Minister Constantinos Petrides announced on Thursday a reduction in fuel tax following a Cabinet meeting, at the Presidential Palace....
https://knews.kathimerini.com.cy/en/news/turkish-opposition-leader-refuses-to-pay-power-bill-in-protest
Turkey’s main opposition leader said he will not pay his power bills until Tayyip Erdogan withdraws recent price hikes, and the president’s ruling party slammed the move on Thursday as a provocation amid growing discontent over surging inflation....
https://knews.kathimerini.com.cy/en/news/inflation-in-cyprus-spikes-to-an-annual-5-4-in-january
January 2022 recorded a spike in Cyprus inflation, rising to 5.4%. At the same time, the Consumer Price Index (CPI) decreased by 0.53 units falling to 104.57, compared to 105.10 in December 2021, according to the Statistical Service of the Republic of Cyprus....
https://knews.kathimerini.com.cy/en/news/op-ed-the-eastmed-project-and-dilemmas-over-energy-strategy
The unprecedented energy crisis unfolding in Europe is a result of the European Union’s stubborn and one-sided preoccupation with the Green Deal (which is important in its own right). ...
https://knews.kathimerini.com.cy/en/business/etyfa-prometheas-full-steam-ahead
Works on the ETYFA Flagship project which will supply clean natural gas to Vassilikos Power Station continue unabated in spite of the terrible global situation as a result of the Covid 19 Pandemic....
https://knews.kathimerini.com.cy/en/news/turkish-ship-oruc-reis-to-continue-hydrocarbon-exploration
The Antalya station issued a navigational telex (Navtex) late Thursday announcing that the Turkish ship Oruc Reis will continue its seismic exploration mission in the sea area between southern Turkey and the Turkish-occupied north of Cyprus through January 31....
https://knews.kathimerini.com.cy/en/news/greenpeace-greek-gas-hunt-an-‘unbearable-threat-to-whales
Greenpeace on Wednesday renewed calls against proposed deep-sea oil and gas exploration off southwest Greece, warning of “unbearable” consequences to endangered Mediterranean whales and dolphins....
https://knews.kathimerini.com.cy/en/news/erdogan-attacks-cyprus-over-exploration-license
President Recep Tayyip Erdogan on Wednesday accused Cyprus of violating Turkey’s continental shelf by awarding an exploration license in the Mediterranean to ExxonMobil and Qatar Petroleum....
https://knews.kathimerini.com.cy/en/news/turkey-slams-cyprus-over-exploration-license-for-exxon-qatar-petroleum-in-mediterranean
Turkey on Thursday accused Cyprus of violating its continental shelf by awarding an exploration license in the Mediterranean to Exxon Mobil and Qatar Petroleum, adding it will not allow unauthorized exploration in its jurisdiction....
https://knews.kathimerini.com.cy/en/news/electric-vehicles
Cyprus is investing €45 mln in incentive schemes to purchase greener cars and register 36,000 electric vehicles by the end of 2030, Transport Minister Yiannis Karousos announced....
https://knews.kathimerini.com.cy/en/business/government-subsidies-for-electric-vehicles
The car market is going through a difficult period, as evidenced by the statistics of new motor vehicle registrations....
https://knews.kathimerini.com.cy/en/news/cabbies-want-no-politics-in-pumping-gas-north
Taxi drivers in the Republic of Cyprus went on strike Tuesday to air their grievances against customs officials who allegedly have been threatening cabbies to have their vehicles confiscated if they filled up in the north...
https://knews.kathimerini.com.cy/en/news/cyprus-lacks-snitches-to-root-out-cartels
The head of Cyprus’ competition protection office says its program designed to root out cartels on the island has failed because of the country’s closed society where snitching is not part of Cypriot culture...
https://knews.kathimerini.com.cy/en/news/uk-military-personnel-to-begin-delivering-fuel-today
Prime Minister Boris Johnson has ordered British military personnel to begin fuel deliveries to gas stations in London and the southeast of England caused by a lack of tanker truck drivers....
https://knews.kathimerini.com.cy/en/news/it-s-back-to-eleftheria-square-for-the-start-of-the-49th-cyprus-rally
After 20 years, the starting line of the 49th International Cyprus Rally returns to Eleftheria Square....
https://knews.kathimerini.com.cy/en/news/uk-citizens-rush-to-fill-up-amid-shortages
The British government on Thursday night urged citizens not to panic over the closure of dozens of gas stations across the country, which was due to the significant shortage of drivers of tankers, trucks and other heavy goods vehicles....
https://knews.kathimerini.com.cy/en/news/larnaca-seafront-s-last-oil-tank-gone
A video showing the removal of the last oil tank from Larnaca’s seafront was posted online Tuesday, revealing an unobstructed view of the ancient town’s blue waters after years of local and national efforts...
https://knews.kathimerini.com.cy/en/news/cprus-to-assume-first-presidency-term-of-emgf
Cyprus will assume its first official Presidency term of the Eastern Mediterranean Gas Forum (EMGF) starting on January 2022, participants at the fourth EMGF ministerial meeting decided on Tuesday....
https://knews.kathimerini.com.cy/en/news/government-buys-time-on-new-covid-measures
The health, finance, and labour ministers of the Republic of Cyprus have been tasked to reconcile a number of issues before a Cabinet meeting on Friday, essentially stalling the announcement of new COVID measures which was expected on Thursday...
https://knews.kathimerini.com.cy/en/news/cyprus-energy-designs-unaffected-by-turkey-s-provations-president-says
Cyprus President Nicos Anastasiades said Tuesday that that the Republic, as a sovereign and independent state and despite Turkey’s provocations, threats and illegal activities, is determined to go ahead with the implementation of its energy policy....
https://knews.kathimerini.com.cy/en/news/eu-leaders-weigh-sanctions-over-turkey-s-med-drilling-work
Concerned that their credibility is at stake, European Union leaders are set Thursday to give the green light to the expansion of sanctions against Turkey over its exploration of gas reserves in Mediterranean waters claimed by EU members Greece and Cyprus....
https://knews.kathimerini.com.cy/en/news/eu-to-toughen-sanctions-on-turkish-drilling-draft-summit-statement-says
The European Union will impose sanctions on more Turkish individuals and companies responsible for drilling in contested waters in the Mediterranean, according to a draft statement prepared for EU leaders to agree at a summit on Thursday....
https://knews.kathimerini.com.cy/en/news/police-feel-tricked-over-limassol-protest
Police say the main organizer of Saturday’s chaotic protest in Limassol “broke his promise” after he reassured officials the demonstration had been canceled, while members of the public landed hard on authorities for not doing enough to clamp down on violent protesters...
https://knews.kathimerini.com.cy/en/news/eu-extends-ability-to-impose-sanctions-on-turkey
The European Council on Friday issued a one-year extension to its framework for sanctions that could be imposed on individuals and entities responsible for Turkey’s controversial gas exploration and drilling activities in the Eastern Mediterranean....
