News

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

Rigzone·Jul 10·1 min read

India to Expand Crude Reserves

India's state-run energy giant, ONGC, has approved a major expansion of the nation's Strategic Petroleum Reserves (SPR) by adding 1.75 million metric tons of capacity at the Mangalore facility in Karn

Turkey and Iraq Move to Keep Critical Oil Export Route Alive

The imminent 12-month extension of the Iraq-Turkey crude oil pipeline agreement prevents a major disruption to northern Iraqi crude flows just ahead of the July

OilPrice·Jul 9

Crypto Startup Trying to Put a Barrel of Oil on Blockchain

A cryptocurrency startup is attempting to bridge the gap between decentralized finance and traditional energy markets by tokenizing physical crude oil on a bloc

Rigzone·Jul 9

Crude Slides on Easing Tensions

Global crude benchmarks experienced a downward correction as energy markets priced in a de-escalation of geopolitical risk premiums between the United States an

Rigzone·Jul 9

USA EIA Reveals Latest Oil Price Forecast

The U.S. Energy Information Administration (EIA) has extended its medium-term market projections by releasing its inaugural oil price forecasts for 2026 and 202

Rigzone·Jul 9
Jul 9

Finder Energy secures FDP approval for Kuda Tasi and Jahal project

Jul 9

Scotland future-proofs subsea network rollout with long-term HVDC agreement

Jul 9

Fugro to assist Saipem with pipeline work at UK’s first offshore CCS project

Jul 9

TotalEnergies ships first LNG cargo from Mexican project to Asia

Jul 9

Marubeni sells 12.5% Big Foot stake to Modiin Energy

Jul 9

TotalEnergies Ships First LNG Cargo from Mexican Pacific Coast to Asia

Jul 8

Sempra LNG Plant on Mexico's West Coast Exports 1st Shipment

Jul 8

UTM seals gas sales pact with Seplat and NNPC for Yoho FLNG project

Jul 8

Oil hits two-week high after Trump says Iran peace deal is over

Jul 8

Oil and gas industry witnessing a transformation with Industrial Internet