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Energy

Greece, Israel and Cyprus Agree to Deepen Alliance

The leaders of Greece, Israel, and Cyprus, meeting in Nicosia on Monday, agreed to deepen their alliance in the Eastern Mediterranean with a particular emphasis on energy and security. Prime Minister Kyriakos Mitsotakis, President of the Republic of Cyprus Nikos...

Climate Change Threatens Supercomputers

Climate change is beginning to have an enormously negative effect on technology. Intense heat waves, wildfires and droughts are becoming increasingly common and supercomputers have now apparently become part of the collateral damage. The California wildfire in 2018, also known...

“End of the Fossil Age” is Imminent Analysts Claim

The end of the fossil fuel age is imminent, according to a report released on Wednesday. The authors of the report argue that "clean energy" sources are increasingly replacing fossil fuels in the light of climate concerns and the...

Greece, Cyprus and Israel Vow to Create Energy Corridor to Europe

Cyprus, Greece and Israel can provide a key energy corridor to Europe through a planned electricity cable connecting their power grids and a potential natural gas pipeline, diplomats from the three nations said on Friday. Cypriot Foreign Minister Constantinos Kombos,...

EU Imposes Price Cap on Russian Oil at $60 Per Barrel

This Friday, the European Union (EU) agreed to introduce a price cap on Russian oil. The decision is intended to punish Moscow for the Russian invasion of Ukraine and limit potential profits. The cap will be set at $60 per...

Enterprises From Greece And Cyprus Shortlisted For Prestigious EU Awards

Two enterprises from Greece and Cyprus are shortlisted for two separate European Enterprise Promotion Awards (EEPA) this year.

A Solar Power Station in Space? Here’s How it Would Work

The UK government is reportedly considering a £16 billion proposal to build a solar power station in space. By Jovana Radulovic Yes, you read that right. Space-based solar power is one of the technologies to feature in the government’s Net Zero...

Libya-Turkey Energy Deal Escalates Mediterranean Tensions

The Libya-Turkey energy deal is escalating the dangers of open conflict between Ankara and Athens. Turkey and Libya have demarcated potential oil and gas-rich zones in the Mediterranean. This maneuver has also irritated Egypt. On October 3rd, Turkey signed a...

EU Proposes $141 Billion Taxes On Energy Firms to Tackle Soaring Prices

On Wednesday, the EU unveiled proposals to tax energy firms by up to $140 billion euros ($141 billion) to alleviate the burden of soaring prices for households and businesses across the bloc. EU chief Ursula von der Leyen presented the...

Energy Dominates Talks Between Greek PM and Emir of Qatar

Energy issues dominated talks during Greek Prime Minister Kyriakos Mitsotakis' first official visit to Qatar on Monday. According to Greek government sources, the visit is indicative of the strong interest of both sides in further enhancing bilateral relations, especially during...