https://knews.kathimerini.com.cy/en/news/cyprus-now-an-important-player-in-lng-arena
The EU produces LNG from naphthalene in Cyprus
An important step is the support from the Commission that is expected to shuffle the energy deck of the Eastern Mediterranean...
https://knews.kathimerini.com.cy/en/news/orban-get-his-way-as-eu-bans-russian-oil
The European Union on Thursday gave its final approval to new sanctions on Russian oil and top bank Sberbank, after much wrangling with Hungary, as punishment for Russian President Vladimir Putin's Feb. 24 invasion of Ukraine...
https://knews.kathimerini.com.cy/en/news/eu-s-von-der-leyen-lng-in-cyprus-and-greece
European Commission President Ursula von der Leyen's speech at the World Economic Forum in Davos and what she said about the energy sources of the Old Continent is essentially the first step in the role that the Eastern Mediterranean and its reservoirs can play in the EU's efforts to cut its dependence on Russian hydrocarbons....
https://knews.kathimerini.com.cy/en/news/eu-energy-commissioner-cyprus-has-enormous-potential-in-terms-of-solar-and-wind-energy-production
In the wake of rising energy costs due to Russia's invasion of Ukraine, Kathimerini sits down with EU Commissioner for Energy, Kadri Simson, to discuss the EastMed pipeline, Europe's push toward Green energy and the potential for Cyprus to ensure its citizens both affordable prices and energy security by developing solar and wind power....
https://knews.kathimerini.com.cy/en/news/russia-cuts-electricity-to-finland
Russia will suspend electricity supplies to Finland this weekend, a supplier said on Friday as tensions rise over Helsinki's NATO bid amid Moscow's military campaign in Ukraine....
https://knews.kathimerini.com.cy/en/news/cypriot-former-fm-announces-non-combative-2023-run
Cypriot former foreign minister Nikos Christodoulides announced Thursday his non-partisan candidacy for president, with the career diplomat deviating from political norms and promising an all-inclusive, non-combative race...
https://knews.kathimerini.com.cy/en/business/price-hike-of-raw-materials-affecting-developers-and-construction-costs
The construction industry is suffering as the price hike of raw materials continues, with developers crushed under higher costs as they are deprived of Russian money....
https://knews.kathimerini.com.cy/en/news/eu-to-propose-import-ban-on-all-russian-oil
Brussels will propose a phased-in ban on imports of all Russian oil as member states prepare to discuss a sixth package of penalties against Moscow for its invasion of Ukraine....
https://knews.kathimerini.com.cy/en/news/cyprus-to-export-natural-gas-by-2026-energy-minister-says
Cyprus is hoping to begin exporting its natural gas from the “Aphrodite” gas field by 2026, Minister of Energy, Commerce and Industry, Natasa Pilides, has said....
https://knews.kathimerini.com.cy/en/news/cyprus-and-eu-economies-facing-a-twin-problem-following-the-war-in-ukraine
The EU and Cyprus economies are facing a “twin problem” of rising commodity and energy prices and heightened uncertainty following the invasion of Russia in Ukraine, according to discussions held by the Nicosia Chamber of Commerce and Industry and the European Investment Bank (EIB)....
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/news/‘immediate-solutions-test-cyprus-take-on-eastmed
A US energy official urged Nicosia to seek 'other options' if the island wanted to get energy quickly into markets, with Italy doing just that earlier this week when Rome clinched a deal with Algeria to replace Russian gas imports through the Transmed pipeline...
https://knews.kathimerini.com.cy/en/news/nuland-for-eastmed-not-economically-viable-and-will-last-too-long
"Countries in this region have realized that dependence on Russian oil and gas is extremely bad and there is a convergence of interest in diversifying sources of supply, even as we work to move to green energy," according to US Undersecretary of State Victoria Nuland after her meeting this morning at the Presidential Palace with the President of the Republic, Nicos Anastasiadis....
https://knews.kathimerini.com.cy/en/news/nuland-new-pipelines-will-be-needed-in-the-eastern-mediterranean
New gas discoveries and pipelines will need to be made in the eastern Mediterranean, US Assistant Secretary of State Victoria Nuland said after her meetings in Turkey, adding that "it is in our interest to have strong relations between Turkey and Israel....
https://knews.kathimerini.com.cy/en/news/lithuania-becomes-first-eu-country-to-cut-off-russian-gas
Lithuania became the first European Union country to end its dependence on Russian gas, according to its energy minister....
https://knews.kathimerini.com.cy/en/news/anastasiades-we-have-nothing-against-russians-only-their-government-s-actions
"As a country that has been invaded and continues to be occupied, we are obliged, as a matter of principle, to stand with the Ukrainian people and denounce the Russian invasion of Ukraine....
https://knews.kathimerini.com.cy/en/news/us-sees-key-role-for-east-med-in-new-energy-landscape
Washington has stressed the renewed importance of the eastern Mediterranean region in the wake of Russia’s invasion of Ukraine and Europe’s need to cut energy dependence on Russia....
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/op-ed-gas-to-europe-via-greece
One of the many aspects of the war in Ukraine is the European recognition of the pressing need to become independent from Russia on energy....
https://knews.kathimerini.com.cy/en/business/consulco-hosted-the-digital-event-uk-economy-and-real-estate-outlook
Consulco has successfully hosted the UK Economy and Real Estate Outlook event, along with four leading organization that have provided insights on the pressures the UK is facing today and their impact on key property markets. ...
https://knews.kathimerini.com.cy/en/news/energy-minister-expects-developments-on-cyprus-confirmed-gas-deposits
Cyprus’ Minister of Energy, Trade and Industry Natasa Pilides has told CNA she expects developments soon regarding the exploitation of Cypriot natural gas fields, given the large increase in natural gas prices internationally....
https://knews.kathimerini.com.cy/en/news/op-ed-a-new-impetus-for-gas-in-the-eastern-mediterranean
The war in Ukraine has upended Europe’s energy security. Continuing to rely on Russian energy is no longer tolerable, even if the relationship cannot be severed overnight....
https://knews.kathimerini.com.cy/en/news/uk-freezes-assets-of-roman-abramovich-and-6-other-oligarchs-banned-from-travel
Roman Abramovich is among seven oligarchs to be hit with an asset freeze and travel bans under brutal new UK sanctions unveiled today....
https://knews.kathimerini.com.cy/en/news/us-to-ban-all-russian-oil-imports-reports-say
Joe Biden has decided to ban Russian oil imports to America in a dramatic ratcheting up of the economic squeeze on Vladimir Putin’s regime, according to reports from the US....
https://knews.kathimerini.com.cy/en/business/russian-bank-subsidiary-in-europe-collapses
While the Moscow Stock Exchange remains closed for a third straight day and the ruble is losing value inside and outside Russia, heading back to Monday's record low again, the ECB yesterday confirmed the first bankruptcy of a subsidiary in Europe caused by sanctions and massive withdrawals. ...
https://knews.kathimerini.com.cy/en/news/western-businesses-flight-from-russia-continues
Russia’s business rupture with the West grew wider Monday as Shell, General Motors and others announced plans to end or freeze their dealings with the nation after its invasion of Ukraine....
https://knews.kathimerini.com.cy/en/news/in-historic-shift-germany-ramps-up-defense-spending-due-to-russia-s-ukraine-war
Chancellor Olaf Scholz on Sunday announced a major boost to German military spending in the latest of a series of dramatic moves reversing decades of Germany’s post-Cold War foreign policy in just a few days....
https://knews.kathimerini.com.cy/en/news/ukraine-multinational-companies-suspend-their-operations-in-wake-of-russian-inavsion
One company after another has decided to suspend its activities in Ukraine in the wake of the Russian invasion of the country and the uncertainty it has caused in international markets....
https://knews.kathimerini.com.cy/en/news/russian-ambassador-to-cyprus-stanislav-osadchiy-discusses-russia-s-plans-in-ukraine
Russia`s plans do not include the occupation of Ukrainian territories, but the protection of civilians and Russian citizens in Donetsk and Luhansk, Russian Ambassador to Cyprus Stanislav Osadchiy said in a statement to CNA on Thursday....
https://knews.kathimerini.com.cy/en/news/pm-unveils-sanctions-on-five-russian-banks-and-three-high-net-worth-individuals
Boris Johnson today announced sanctions on five Russian banks and three 'high net worth' individuals in the first 'barrage' of the Western response to the invasion of Ukraine....
