Energy

Egyptian President Abdel Fattah El-Sisi has met with the CEO of Eni, Claudio Descalzi, on the sidelines of the Egypt Energy Show (EGYPES) 2025. The Spokesman for the Presidency, Ambassador…

The Ministry of Energy, Commerce and Industry and Chevron Cyprus Limited (CCL), together with the Joint Venture partners, Shell and NewMed, announce the approval of the modifications proposed to the…

Famagusta Gazette The energy memorandum between Egypt and Cyprus marks a significant milestone in the strategic partnership between the two nations. This agreement, which focuses on the commercialization of natural…

Residents of Ormidia, a village next to the British base at Dhekelia, along with other neighboring communities, held a peaceful protest on Sunday outside the EAC Power Station. For years,…

A memorandum of understanding between Egypt – Cyprus and the three companies of the joint venture will be signed tomorrow in Cairo, which will determine the terms of commercialization of…

The Organization of the Petroleum Exporting Countries (OPEC) announced on Wednesday that it is maintaining its previous forecasts for global oil demand growth in 2025 and 2026. In its February…

Oil giant British Petroleum’s (BP) net profit after tax declined to 381 million U.S. dollars in 2024, dropping 97 percent from 15.2 billion U.S. dollars in 2023, the company said…

The installation of smart meters to record electricity consumption begins today in Cyprus. Speaking on CyBC, EAC Press Spokesperson Christina Papadopoulou stated that, among other things, with the new meters…

The Kaliningrad region, a Russian enclave bordered by the Baltic states, has transitioned to independent power operation following the withdrawal of Latvia, Lithuania and Estonia from the unified energy ring…

Lithuania announced on Saturday that all of the Baltic countries Lithuania, Latvia and Estonia have now disconnected from the Russian power grid. This means that the Baltic countries are no…