News

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

OilPrice·Sep 7·1 min read

Saudi Aramco's Jizan Refinery Hit Again as Houthi Attacks Escalate

Yemen's Houthi movement targeted Saudi Aramco's newly integrated downstream complex at Jizan along the southern Red Sea coast, escalating maritime and critical infrastructure risks across the Arabian

NKT inaugurates expanded power cable factory in Denmark

Danish cable manufacturer NKT has officially commissioned its expanded medium-voltage power cable manufacturing facility in Denmark to meet surging continental

Offshore Energy·Sep 7

OneSubsea to support Azule Energy’s production shift from aging to new FPSO

Azule Energy has contracted SLB's OneSubsea to facilitate the redirection of offshore production from an end-of-life floating production storage and offloading

Offshore Energy·Sep 7·ENI S.p.A.

Scottish firm strengthens VLGC foothold with four-vessel Korean shipbuilding deal

Scottish engineering firm Babcock LGE has secured a significant contract with South Korea's Samsung Heavy Industries to deliver cargo handling solutions for fou

Offshore Energy·Sep 7

USA-VEN Oil Deal Not a Near Term SPR Filler

Recent diplomatic and sanctions adjustments between Washington and Caracas will not yield immediate replenishment volumes for the U.S. Strategic Petroleum Reser

Rigzone·Sep 7
Sep 7

India’s Crude Oil Benchmark Tops $100 as Middle East War Escalates

Sep 7

ExxonMobil to Acquire Papua LNG Operatorship from TotalEnergies

Sep 7

Santos expands Oceania LNG exposure as ExxonMobil takes the reins

Sep 7

Qatar Moves Six LNG Tankers Toward Gulf as Export Restart Looms

Sep 7

Petronas on AI-powered quest to streamline Malaysia’s upstream investment playbook

Sep 7

Shipping Fuel Shortage Looms as Refiners Prioritize Diesel

Sep 6

Russia Is Redrawing Its Energy Map Through the Arctic

Sep 6

Colombia Moves to Reverse Fracking Ban, Eyes $4 Billion in New Oil Investment

Sep 5

Iran War Forces a Rewrite of Global Oil Trade Routes

Sep 5

This Cattle Feedlot Turns Manure Into 1.2 Million MMBtu of Natural Gas a Year