News

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

Rigzone·Sep 5·1 min read

Russia's Oil Revenue Sinks to 6 Month Low

Russian proceeds from crude and refined petroleum exports dropped to their weakest point in half a year during August, pressured by softer benchmark prices and an expansion in discounts required to mo

BLM Moves to Fast-Track Oil Permits in Alaska Petroleum Reserve

The U.S. Bureau of Land Management (BLM) has unveiled a regulatory initiative designed to accelerate drilling and infrastructure approvals within Alaska's Natio

OilPrice·Sep 4

Oil Holds Gains

Global benchmark crude contracts concluded an exceptionally turbulent trading week with nearly double-digit percentage gains driven by escalating geopolitical f

Rigzone·Sep 4

Citadel Eyes U.S. Shale as Oil Trading Moves Closer to the Wellhead

Multinational investment giant Citadel is actively exploring direct acquisitions of upstream U.S. shale assets to anchor its rapidly expanding physical commodit

OilPrice·Sep 4

U.S. Oil Rig Count Rises as Gas Rig Activity Declines

The latest Baker Hughes rotary rig survey indicates flat overall drilling activity in the United States, balancing a minor uptick in crude-directed units agains

OilPrice·Sep 4
Sep 4

Cyprus ‘in talks with energy giants’ over new natural gas drilling

Sep 4

Rosneft CEO: China Calls The Shots in Oil Markets, Not OPEC

Sep 4

Record Diesel Prices Push Brent Toward $95

Sep 4

Turkmenistan Moves to Tackle Major Methane Leaks

Sep 4

USA Crude Oil Stocks Drop Week on Week

Sep 4

$2.1 billion Sea Lion project on track for first oil despite Falklands tensions

Sep 4

Eni Finalizes Venezuelan Deal for 35Bbbl Field

Sep 4

EnQuest Trims Losses

Sep 4

BP tasks Baker Hughes with production enhancement across UK North Sea assets

Sep 4

Iran Says It's Found Ways to Dodge U.S. Oil Blockade