https://knews.kathimerini.com.cy/en/news/eu-extends-sanctions-on-turkey-for-east-med-drilling
In a press release on Thursday, the Council of the European Union announced the renewal of restrictive measures against Turkey for unauthorized drilling activities in the Eastern Mediterranean....
https://knews.kathimerini.com.cy/en/news/reduced-fuel-and-heating-oil-prices-come-into-effect-today
The excise tax on fuel and heating oil in Cyprus has been reduced by 8.33 and 6.39 cents per litre, respectively, as announced by the government on October 19....
https://knews.kathimerini.com.cy/en/news/targeted-fuel-and-heating-reductions-in-government-s-considerations
The Cyprus Electricity Authority has announced a 3% increase in electricity prices for upcoming bills. ...
https://knews.kathimerini.com.cy/en/news/government-unveils-inflation-relief-plan-for-october-s-end
At the end of October, the government is expected to announce measures to alleviate the impact of inflation, while at the beginning of 2024 the government plans to implement the new green tax on fuels, together with compensatory measures, said the Minister of Finance, Makis Keravnos, while handing over the 2024 state budget to the President of the Parliament, Annita Demetriou.
...
https://knews.kathimerini.com.cy/en/news/august-2023-petroleum-sales-up-2-3
The total sales of petroleum products amounted to 124,832 tonnes in August 2023, recording an increase of 2.3% compared to August 2022, according to data published by the Statistical Service on Wednesday....
https://knews.kathimerini.com.cy/en/news/construction-of-petrol-storage-terminal-must-be-a-priority-says-energy-minister
The construction of a petroleum products storage terminal with a completion date of 2025 is considered a project of exceptional importance with regard to Cyprus' strategic energy autonomy, Minister of Energy, Commerce and Industry, George Papanastasiou, ...
https://knews.kathimerini.com.cy/en/business/how-high-is-too-high-before-tax-relief-kicks-in
Diesel prices have dipped by nine cents per liter at gas stations compared to late August, while unleaded 95-octane petrol is now six cents cheaper....
https://knews.kathimerini.com.cy/en/news/fuel-prices-surge-electricity-rates-hold-steady
Fuel prices are set to rise by 2-2.5 cents per liter for diesel and slightly less for unleaded gasoline, effective today at petrol stations....
https://knews.kathimerini.com.cy/en/news/turkish-drillship-sets-sail-amidst-mediterranean-tensions
Turkish Energy Minister Alparslan Bayraktar has announced a new mission in the Mediterranean of the Abdulhamid Han drillship, which is the latest addition to the Turkish Petroleum Company’s (TPAO) exploration fleet....
https://knews.kathimerini.com.cy/en/news/the-triumphs-challenges-and-unity-in-the-mountains-of-limassol
The specter of the formidable Arakapa fire reawakened as an eight-and-a-half-square-kilometer blaze surged through Mountain Limassol. ...
https://knews.kathimerini.com.cy/en/news/cyprus-inflation-at-1-9
Inflation in Cyprus reached its lowest level in 25 months in June 2023 and stood at 1.9% on an annual basis, mainly due to the decline in food prices....
https://knews.kathimerini.com.cy/en/news/gasoline-and-diesel-prices-expected-to-drop
Reductions of up to 3 cents are expected to be observed in the retail prices of unleaded gasoline (95 octanes) and diesel fuel in the coming days, according to the Director of Consumer Protection Service at the Ministry of Energy, Commerce, and Industry, Konstantinos Karagiorgis, as reported by the Cyprus News Agency (CNA)....
https://knews.kathimerini.com.cy/en/news/green-energy-policy-progresses-with-approval-for-ev-charging-infrastructure
The Council of Ministers, in its session on June 21, 2023, approved the Amendment of the Regulations on Petroleum Stations from 1972 to 1999, to allow for the installation and use of electric vehicle charging points at petrol stations, as part of the government's policy for transitioning to green energy....
https://knews.kathimerini.com.cy/en/news/nikos-christodoulidis-meets-with-president-sisi-in-cairo
Cyprus’ President, Nikos Christodoulides, arrived in Cairo on Wednesday for a two-day visit, while later in the day he is to hold talks with his Egyptian counterpart, Abdel Fattah El-Sisi....
https://knews.kathimerini.com.cy/en/business/bp-and-adnoc-s-bold-bid-for-the-leviathan-field
Last Tuesday, British multinational oil giant BP and Emirati Abu Dhabi National Oil (Adnoc, the UAE's state oil company) announced a joint bid to buy 50% of Israel's NewMed Energy in a $2 billion deal. ...
https://knews.kathimerini.com.cy/en/news/petrol-stations-open-their-doors-to-electric-mobility
Petrolina Holdings Public announced last month the installation of the first state-of-the-art electric vehicle rapid charging charger at its petrol station in Larnaca's GSZ district....
https://knews.kathimerini.com.cy/en/news/work-begins-on-jetty-for-mooring-fsru-in-cyprus
Work for the construction of a jetty, as part of the LNG Receiving and Regasification Terminal in the Vasilikos area in Cyprus, has recently begun...
https://knews.kathimerini.com.cy/en/news/petrol-sales-down-by-7-5-in-december-2022
Sales at petrol stations in December 2022 were down by 7.5% compared to December 2021, according to data released on Friday by the Cyprus Statistical Service....
https://knews.kathimerini.com.cy/en/news/plant-to-process-israeli-gas-for-export-an-option
The government of Cyprus is weighing a proposal for a pipeline that would carry natural gas from Israel to the island nation, where it would be processed and exported by ship to Europe and elsewhere as Russia’s war in Ukraine compounds an energy crisis, the Cypriot energy minister said Monday...
https://knews.kathimerini.com.cy/en/news/solon-kassinis-has-died
Solon Kasinis, a former DISY MP, passed away today at the age of 70....
https://knews.kathimerini.com.cy/en/news/emgf-approves-cypriot-proposal-on-permanent-advisory-body
Energy Ministers of the member states of the East Mediterranean Gas Forum agreed on Wednesday on the proposal of the Cypriot Presidency of the EMGF to establish a Scientific and Technical Advisory Committee during the 8th Ministerial Meeting, held in Cairo under the chairmanship of Cyprus’ Minister of Energy, Commerce and Industry, Natasa Pilides...
https://knews.kathimerini.com.cy/en/news/nicosia-passes-energy-forum-baton-to-cairo
Energy Minister Natasa Pilides will preside on Wednesday in Cairo over the 8th Ministerial Meeting of the regional intergovernmental organization East Mediterranean Gas Forum, the last one that will be held within the framework of the Cyprus Presidency of the Forum for 2022...
https://knews.kathimerini.com.cy/en/news/g7-price-cap-on-russian-oil-kicks-in
The Group of Seven price cap on Russian seaborne oil came into force on Monday as the West tries to limit Moscow's ability to finance its war in Ukraine, but Russia has said it will not abide by the measure even if it has to cut production....
https://knews.kathimerini.com.cy/en/business/fuel-price-cuts-have-begun
Following a month of price volatility, the Cypriot market should see a reduction in the cost of motor and heating fuels in the coming days....
https://knews.kathimerini.com.cy/en/news/greek-navtex-is-a-message-to-libya
The navigation warning issued by Greece on Saturday expanding the area of seismic surveys for oil and natural gas deposits off the coast of Crete was in response to a request by US oil firm ExxonMobil, which has been granted exploration rights, but also serves a geopolitical purpose...
https://knews.kathimerini.com.cy/en/news/us-cyprus-army-cooperation-bill-heads-to-the-house
A bill that paves the way for further military cooperation between Cyprus and the Unites States reached the House this week, following months of media hype about the island’s intent to help Ukraine with Russian-made missiles, but the specific agreement explicitly excludes weapons systems...
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/inflation-hits-8-9-in-august
Inflation in August 2022 increased by 8.9% in Cyprus, according to data published by the Statistical Service of Cyprus on Friday. The Consumer Price Index decreased by 0.29 units and reached 113.34 units, compared to 113.63 units in July 2022, with the drop in petroleum product prices being mainly responsible for the decrease....
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/business/inflation-in-cyprus-creeps-close-to-11-in-july
Inflation in July 2022, hit the double-digit mark, recording an increase of 10.9%, with the Consumer Price Index increasing by 1.39 units and reaching 113.63 units compared to 112.24 units in June 2022....
