Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
Brent crude oil prices surpassed $111 per barrel due to the continued inaccessibility of the Strait of Hormuz for over eight weeks and stalled U.S.-Iran talks. These factors are contributing to supply
BP's Q1 profit more than doubled year-over-year, driven by higher oil prices and increased oil trading activity, particularly influenced by geopolitical instabi
Chinese state refiners are reportedly seeking government approval to restart fuel exports due to a significant buildup of domestic stockpiles. This potential re
Ireland and Spain have signed a Memorandum of Understanding (MoU) to explore the possibility of an electricity interconnection. This aims to enhance energy secu
Petrobras is moving to acquire full ownership of a portion of the ring-fence within the BC-10 concession in the Campos Basin, currently held by Shell Brasil Pet