Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
The article reports on former U.S. President Donald Trump's reaction to the United Arab Emirates' (UAE) decision to withdraw from OPEC. This is significant because the UAE is a major oil producer, and
Venture Energy Limited, a Hong Kong-based clean fuels procurement and trading company, is expanding a recently formed green methanol collaboration. This expansi
WTI crude oil futures experienced a significant surge this week, driven by escalating tensions involving Iran. The June contract reached $105.88 on Thursday, ma
Iran has warned that oil prices could surge to $140 per barrel if the U.S. maintains its blockade near the Strait of Hormuz. Iran also stated it will not reopen
Odfjell Drilling, a Scotland-headquartered offshore drilling contractor, is under investigation by Norway's offshore safety regulator following an incident on a