Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
Shell's Q1 2026 earnings surpassed expectations, reaching $6.9 billion due to increased oil prices and strong trading performance, reportedly driven by the war in Iran. This highlights the potential f
Shell's adjusted net income surged to $6.92 billion, surpassing analyst expectations of $6.1 billion, driven by increased volatility in the energy markets. This
Shell and INEOS are planning further joint tieback projects in the US Gulf of Mexico, building on their existing partnership. INEOS is increasing its working in
INEOS Energy and Shell Offshore have partnered to jointly invest in oil and gas exploration and development in the Gulf of Mexico near the Appomattox platform.
Brazilian regulators have formally approved agreements defining how major international and national oil companies will share production from complex, deepwater