ACTE, the Association of Cyprus Tourist Enterprises has called on its members to make use of various schemes announced by the Ministry of Energy, Trade and Industry.ACTE participated in an...
Cyprus Ministry of Defence has secured, through EU structural funds and in particular the Thalia Programme, €19 million to fund the installation of photovoltaic systems in National Guard camps, as...
09/09/2022
The Minister of Energy, Natasa Pilides, is in Milan to participate in the international energy exhibition Gastech 2022, says a statement from the Ministry of Energy.It is pointed out that Pilides...
05/09/2022
With inflated electricity prices hitting households and businesses, the installation of photovoltaic systems looms as an attractive solution for more and more consumers. This also becomes apparent in...
30/08/2022
Total sales of petroleum product in Cyprus dropped by an annual 0.7% in July 2022, with fuel sales from fuel pumps recording annual reductions for a second consecutive month, in the midst of soaring...
29/08/2022
The US appears positive in the development of resources after the announcements of the ENI-TOTAL consortium for natural gas discoveries in Block 6 of Cyprus' Exclusive Economic Zone. According to...
25/08/2022
Minister of Energy, Trade and Industry, Natasa Pilides announced Monday, a new discovery of natural gas in the Cyprus’ Exclusive Economic Zone, after the completion of the drilling at the Cronos-1...
23/08/2022
Eni announced a significant gas discovery in the Cronos-1 well drilled in Block 6, 160 km off Cyprus coastline, in 2,287 metres of water depth. The Block is operated by Eni Cyprus holding 50%...
22/08/2022
Cyprus maintains a very low VAT rate and lower consumption taxes on fuel compared to Germany and other EU countries, Minister of Finance Constantinos Petrides notes in a written statement.In his...
16/08/2022
The decision as to whether producers of Renewable Energy Sources (RES) have made excess profits due to the unexpected increase in the price of electricity, will be taken by the Ministry of Finance...
09/08/2022