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Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.

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OilPrice·Jul 11·1 min read

Can Colombia’s New Government Reverse the Nation’s Oil and Gas Decline?

The narrow election victory of right-wing candidate Abelardo de la Espriella over left-wing senator Ivan Cepeda marks a pivotal ideological shift for Colombia's energy sector. This political transitio

Birol Urges EU to Reconsider Arctic Drilling Moratorium

In an unexpected policy pivot, International Energy Agency (IEA) chief Fatih Birol has called on the European Union to reassess its ban on Arctic oil and gas ex

Rigzone·Jul 11

Kazakhstan Extends Petroleum Export Ban Six Months as Hormuz Tensions Flare

Kazakhstan has renewed its ban on the export of petroleum products by road for another six months, a strategic move designed to protect its domestic fuel market

OilPrice·Jul 10

IEA Says UAE Oil Output Surged to Record High in June

The United Arab Emirates has pushed its crude production to an unprecedented milestone, signaling a robust operational ramp-up amid complex OPEC+ quota dynamics

Rigzone·Jul 10

US Oil, Gas Drillers Hang Back in Volatile Market

The latest Baker Hughes data reveals a marginal uptick in the overall US drilling rig count, yet the stagnant oil rig count underscores a highly cautious approa

OilPrice·Jul 10
Jul 10

Cyprus decries Turkey’s energy MoU with north

Jul 10

China Tightens Its Grip on Namibia's Next Energy Boom

Jul 10

Oil’s Calm Is Over as Middle East Risks Return

Jul 10

Russian Fuel Disruptions Push Central Asia Into an Energy Crisis

Jul 10

IEA Chief Urges EU to Drop Arctic Drilling Ban

Jul 10

Turkey, Turkish Cypriots sign deal for natural gas pipeline

Jul 10

UAE Oil Output Hits All-Time High, Doubling Pre-Crisis Levels

Jul 10

Venezuela Breaks Up Oil Monopoly Under New Rules

Jul 10

Chevron signs new five-year WA gas supply deal with Alinta Energy