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Iraqi commitment to strengthen cooperation with Turkish companies

Iraqi Prime Minister Mohammed Shia’ al-Sudani met on Monday with visiting Turkish Minister of Energy and Natural Resources Alparslan Bayraktar to discuss bilateral relations and energy cooperation. During the meeting,…

Britain is rapidly expanding its electric vehicle (EV) charging infrastructure

Britain is rapidly expanding its electric vehicle (EV) charging infrastructure to drive consumer adoption, with public charge points surpassing 75,000 as of this March, according to the Department for Transport.…

Energy Relief: President Christodoulides’ VAT Cut on Electricity Eases Financial Burden

FAMAGUSTA GAZETTE – President Christodoulides’ announcement last night of a reduction in the Value Added Tax (VAT) on electricity for domestic consumption from 19% to 9% is a welcome relief…

Cyprus: President Christodoulides Slashes VAT on Electricity by 10%

FAMAGUSTA GAZETTE – President Christodoulides addressed the nation on the second anniversary of his governance, highlighting the government’s efforts to tackle long-standing issues. He announced a reduction in the Value…

Cyprus: Akel Leader Calls for End to Green Tax Commitment

FAMAGUSTA GAZETTE – The Secretary General of Akel, Stefanos Stefanou, has urged the government to demand the European Union lift its commitment to impose green taxation, arguing that Cyprus is…

Israel Cuts Electricity to Gaza Amid Ceasefire Talks

FAMAGUSTA GAZETTE – Israeli Energy Minister Eli Cohen has signed an order to immediately cut off electricity to the Gaza Strip, according to reports by public broadcaster Kan. The decision,…

Türkiye has significantly increased its domestic oil production

Türkiye has significantly increased its domestic oil production, reaching a daily output of 132,000 barrels as of March, Turkish Energy and Natural Resources Minister Alparslan Bayraktar told the semi-official Anadolu…

Saudi Aramco records net income of 106.2 billion U.S. dollars in 2024

Saudi Arabian Oil Company, commonly known as Saudi Aramco, has announced a net income of 106.2 billion U.S. dollars in 2024, down from 121.3 billion dollars in the previous year.…

New gas transfer from Turkmenistan to Türkiye via Iran – Minister

Iranian Oil Minister Mohsen Paknejad announced last night the start of gas transfer from Turkmenistan to Türkiye via his country. During an interview with the Shana News Agency affiliated with…

Israel’s natural gas exports to Egypt and Jordan rose by 13.4 percent

Israel’s natural gas exports to Egypt and Jordan rose by 13.4 percent year-on-year in 2024, Israel’s Energy Ministry said in a report last night. According to an annual report published…

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