https://knews.kathimerini.com.cy/en/news/russia-s-lukoil-completes-sale-of-oil-refinery-in-italy
Russia's second-largest oil producer Lukoil said on Thursday its subsidiary LITASCO had completed the sale of the ISAB oil refinery in Sicily to Cypriot private equity firm G.O.I. Energy following approval by Italian authorities...
https://knews.kathimerini.com.cy/en/news/zero-vat-on-basic-daily-goods-goes-into-effect
A Council of Ministers decision for a zero VAT rate on a range of basic daily goods such as bread, milk, eggs, children's food, diapers, feminine hygiene products, and adult diapers comes into effect on Friday...
https://knews.kathimerini.com.cy/en/news/eu-gives-€60-80m-to-fund-hellenic-defense-systems
As part of the moves to strengthen the European defense industry, based on the increased need for defense equipment resulting from the war in Ukraine,...
https://knews.kathimerini.com.cy/en/news/russian-and-ukrainian-stock-in-lukoil-deal
A highly contentious takeover of a Lukoil plant in Italy by a Cypriot fund appears to be moving forward, with the latest media speculators picking on rumors that the leadership of the new operation might come from both Russian and Ukrainian stock...
https://knews.kathimerini.com.cy/en/news/cyprus-faces-legal-action-over-inadequate-wastewater-treatment
Cyprus is currently facing legal action by the European Commission for failing to ensure that its wastewater treatment plants comply with EU legislation....
https://knews.kathimerini.com.cy/en/news/energy-minister-puts-forth-cyprus-natural-gas-to-cut-costs-for-consumers
Cyprus' Energy Minister George Papanastasiou said that, during his discussions with consortiums operating in the Cypriot Exclusive Economic Zone (EEZ), he suggested the option of importing natural gas quantities from the EEZ for power generation, in combination with LNG exports via a small LNG plant....
https://knews.kathimerini.com.cy/en/news/rome-reportedly-okays-lukoil-sale-to-cypriot-firm
Italy gave conditional approval on Tuesday to the sale of the Lukoil-owned refinery in Sicily to Cypriot private equity firm GOI Energy, people familiar with the matter told Reuters...
https://knews.kathimerini.com.cy/en/news/greek-and-turk-connect-over-tombstone-in-istanbul
Kerem Soyyilmaz knew very little about the 1923 population exchange between Greece and Turkey but felt such a strong urge to investigate after discovering in the summer of 2017 a marble slab with an inscription in Greek...
https://knews.kathimerini.com.cy/en/news/cypriot-fund-facing-mighty-resistance-in-lukoil-deal
Efforts to dispel US concerns over suspected Russian influence in a Cypriot fund buying a Lukoil plant in Sicily may be gaining traction with Italian officials, with reports suggesting American resistance may be losing ground after a crucial meeting last week...
https://knews.kathimerini.com.cy/en/news/delays-unclear-over-cypriot-fueled-lukoil-deal
An executive power committee in Italy has missed an initial deadline for approving the sale of a Russian refinery plant to an Israeli-backed Cypriot fund, with reports in the media getting blurred between fears over Russian influence and high-stakes geopolitical interests across the pond...
https://knews.kathimerini.com.cy/en/business/a-look-into-larnaca-s-future-development-photos
The architectural firm Foster+ Partners and the Petrolina Group presented their grand vision for the Land of Tomorrow project on the Larnaca-Dhekelia coastal road this morning....
https://knews.kathimerini.com.cy/en/news/saturday-s-blackout-caused-by-increase-in-renewable-energy-usage
Sotos Savva, president of the Association of Scientific Power Generation AHK (SEPAIK), linked problems caused by the increased use of renewable energy sources, particularly the majority of photovoltaic panels, to Saturday's 15-minute power outage across Cyprus....
https://knews.kathimerini.com.cy/en/news/italy-weighs-in-as-cypriot-fund-goes-after-lukoil-plant
An Israeli-backed Cypriot fund’s deal to buy a Lukoil-owned refinery in Italy is hanging in the balance ahead of a Cabinet meeting in Rome possibly this week, when veto powers would be weighed against energy hub aspirations that could replace Russian gas and put the final nail in the coffin of a proposed EastMed pipeline...
https://knews.kathimerini.com.cy/en/news/russia-suspicious-of-media-reports-on-nord-stream-culprits
US and German media reports that Ukrainians or pro-Ukrainians might have blown up the Nord Stream gas pipelines last year were taken with a grain of salt in Russia, with Moscow doubling down on calls for a UN-led investigation...
https://knews.kathimerini.com.cy/en/life/buy-nothing-project-gaining-ground-worldwide
It was not until after Angela Parker, 53, had raced across her north Atlanta neighborhood to nab eight leftover, thick-cut slices of ham with gravy from the porch of someone she didn't know that she began to ask herself some questions. Was it weird to eat a stranger's porch ham? Was it safe? Would the ham be worth it?...
https://knews.kathimerini.com.cy/en/news/anastasiades-inaugurates-gas-terminal-in-vasiliko
Today marks a historic milestone for the Larnaka region, President Nicos Anastasiades said, during the inauguration of the gas terminal of the VLPG consortium in the Vasiliko area....
https://knews.kathimerini.com.cy/en/business/greece-at-the-forefront-of-cutting-edge-photovoltaics
The world’s first factory to produce the new third-generation photovoltaics, which can deliver electricity from almost anywhere the sun shines, will be created in Thessaloniki, northern Greece, as part of a major European project....
https://knews.kathimerini.com.cy/en/news/eu-health-commissioner-to-visit-vaccine-production-plant-in-south-africa
EU Commissioner for Health Stella Kyriakides will visit a vaccine production plant and an mRNA technology hub whilst in South Africa. She will be in the country from Thursday to Saturday,...
https://knews.kathimerini.com.cy/en/news/cyprus-talks-up-imminent-chevron-announcement
Cypriot Energy Minister Natasa Pilides is waging a battle to ensure Chevron’s reluctant development concept for Aphrodite will stick to plan, but cost-cutting ideas, merger wars, and maritime issues continue to blur options backed by an administration on its last leg...
https://knews.kathimerini.com.cy/en/news/pyrgos-dig-reveals-industrial-plant-dating-back-to-2350-bc
From 2350 BC to 1850 BC, the Greek population of Pyrgos in Cyprus had a very important industrial building of about 4000 m2, where not only copper but also olive oil, perfume, medicines, textiles, paints, and wine were processed....
https://knews.kathimerini.com.cy/en/news/cypriot-fund-keeps-lukoil-s-sanctioned-plant-running
A Lukoil refinery in Italy might survive sanctions against Russia if it falls in the hands of a Cypriot private equity fund, with the company saying the sale could take place by March of this year after turning down a US offer two months ago...
https://knews.kathimerini.com.cy/en/news/first-lng-tanker-from-us-arrives-in-germany
The first regular shipment of liquefied natural gas from the United States arrived in Germany on Tuesday, part of a wide-reaching effort to help the country replace energy supplies it previously received from Russia....
https://knews.kathimerini.com.cy/en/news/cyprus-russian-ukrainian-team-head-to-antarctica
Two Limassol residents, a man from Ukraine and a woman from Russia, are flying to the earth’s southernmost town, where they will embark on a mission to Antarctica to plant their flag on New Year's Day...
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/cypriot-team-in-antarctica-to-plant-flag-on-xmas-day
Α Cypriot team will be in Antarctica on 25 December 2022, in the coldest, highest, windiest, and driest continent on Earth, where the lowest earth temperature - 89.2 C, of all time, has been recorded, as part of the national program "Flag of the Republic of Cyprus on the highest peaks of the world" which is under the auspices of the President of Cyprus and the National Olympic Committee...
https://knews.kathimerini.com.cy/en/business/lebanese-drinks-giant-kassatly-building-plant-in-ypsonas
Lebanese drinks giant Kassatly Group Holding has started work on a new plant in Cyprus under “Boutique Beverage Bottling Int’l Ltd” as part of ambitious plans to move the brand from a regional powerhouse to a global player....
https://knews.kathimerini.com.cy/en/business/grant-johnson-city-of-dreams-mediterranean-will-be-the-game-changer-for-cyprus-hospitality-industry
The multi-themed City of Dreams Mediterranean resort in Limassol, which will include a luxury hotel, casino, entertainment and sports facilities, adventure park, shops and restaurants, among others, will begin operations in the second quarter of 2023. Grant Johnson, the General Manager of COD analyzes what exactly the City of Dreams Mediterranean will be, what it will offer to the tourism product of Cyprus, how it will strengthen the country's economy and its position as a popular tourist destination and at the same time he analyzes how this project will have significant benefits for the local community and its people. ...
https://knews.kathimerini.com.cy/en/news/power-cuts-to-be-implemented-on-wednesday
The Cyprus Transmission System Operator (TSO) is developing a power cut schedule in collaboration with the Distribution System Operator (DSO) to ensure the security of the electricity generation system, with the plan so far providing for half-hourly power cuts in the Nicosia, Larnaca, and Famagusta districts....
https://knews.kathimerini.com.cy/en/news/cera-emergency-meeting-power-outage-risk
Since this morning, an emergency meeting of the Cyprus Energy Regulatory Authority (CERA) has been held to examine the situation that is expected to arise as a result of the Electricity Authority's guilds' decision not to put the six steam power units of the Dhekelia Power Plant into operation next Wednesday,...
https://knews.kathimerini.com.cy/en/news/risk-of-power-cuts-next-week
Due to a disagreement between the management of EAC and its employees, the nightmare of a power outage next week will return in December....
