Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
Libya's NOC has terminated its partnership with Trasta Energy in the Libyan Emirates Oil Refining Company (LERCO), effectively regaining full control of the Ras Lanuf refinery. This move signifies a p
The US Department of Energy (DoE) has awarded contracts for the exchange of 53.3 million barrels of crude oil from the Strategic Petroleum Reserve (SPR). This e
Shell is planning to sell its network of approximately 60 service stations in France, signaling a strategic shift in its retail operations. This move suggests a
ADNOC Gas reported a 15% decrease in net income for Q1, reaching $1.08 billion, primarily due to export disruptions attributed to geopolitical factors (likely t
China's LNG imports are recovering from an eight-year low, with the 30-day moving average reaching its highest point since late February. While still below the