Cyprus Electricity Authority Reaches 50% Restoration Milestone in Fire-Stricken Areas
FAMAGUSTA GAZETTE – The Electricity Authority of Cyprus (EAC) has restored half of the damaged infrastructure in areas affected by recent wildfires, replacing more than 240 burned poles and 10…
Cyprus: Crews Work Intensively to Restore Power in Fire-Struck Communities
FAMAGUSTA GAZETTE – Dozens of Electricity Authority crews are working around the clock to repair the devastation left behind by sweeping wildfires and bring power back to Cyprus’ scorched communities.…
Canadian company reports major oil and gas discovery off Polish coast
FAMAGUSTA GAZETTE – Canadian firm Central European Petroleum (CEP) says it has discovered significant offshore oil and gas deposits near Poland, potentially marking one of the largest finds in Europe…
Hungary and Serbia will construct a new oil pipeline
Hungary and Serbia will construct a new oil pipeline between the two countries to enhance energy security and preserve the results of Hungary’s utility cost reduction measures, Hungarian Minister of…
Cyprus confirms new gas discovery by ExxonMobil
The government of Cyprus on Monday confirmed a new natural gas discovery by ExxonMobil within its exclusive economic zone, describing the find as another step forward in the country’s energy…
Cyprus confirms new natural gas discovery
FAMAGUSTA GAZETTE – Cyprus confirmed a new natural gas discovery at the Pegasus-1 site within its exclusive economic zone, reinforcing the island’s energy potential. The well, located approximately 190 kilometers…
Cyprus expected to announce new natural gas discovery
Cyprus was expected to announce a successful natural gas discovery by ExxonMobil at the “Pegasus” site in offshore Block 10 of the country’s exclusive economic zone, Energy Minister George Papastasiou…
EU Proposes Plan to Phase Out Russian Gas and Oil by 2027
FAMAGUSTA GAZETTE — The European Commission on Tuesday unveiled a legislative proposal to end all Russian natural gas and oil imports to the European Union by the end of 2027.…
Electricity Authority of Cyprus Proposes Smaller Rate Increase
FAMAGUSTA GAZETTE – The Electricity Authority of Cyprus (EAC) will request a 3% rate adjustment instead of the 7.5% increase approved by the Cyprus Energy Regulatory Authority (CERA), citing economic…
AKEL warns of Cyprus energy sector crisis amid electricity price debate
FAMAGUSTA GAZETTE – The left-wing AKEL party has raised concerns over Cyprus’ energy sector, citing public discussions on a potential electricity price hike by the Cyprus Electricity Authority (EAC). The…