News

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

Offshore Technology·Apr 23·1 min read

Equinor ends PL 120 drilling near Visund field with no discovery

Equinor has completed drilling operations on the Skoll and Hati prospects in PL 120, located near the Visund field in the Norwegian North Sea, but failed to find any hydrocarbons. This outcome represe

Golden Pass LNG Ships First Export Cargo from Texas Terminal

The Golden Pass LNG terminal, a significant joint venture between QatarEnergy and ExxonMobil, has officially commenced operations by shipping its inaugural liqu

Offshore Engineer·Apr 23·ExxonMobilQatar Energy

Chevron Restarts Wheatstone LNG Amid Global Gas Shortage

Chevron has resumed LNG production at its Wheatstone project in Australia following repairs necessitated by cyclone damage in March. The restart is significant

OilPrice·Apr 23·Chevron Corporation

Golden Pass LNG ships first export cargo

A significant new US liquefied natural gas export facility, Golden Pass LNG, a joint venture between QatarEnergy and ExxonMobil, has commenced operations by shi

LNG Prime·Apr 23·ExxonMobilQatar Energy

StanChart: $95 Per Barrel Is The New Oil Price Equilibrium

Oil prices surged on Wednesday following the seizure of two commercial vessels by Iran's IRGC in the Strait of Hormuz. Brent crude rose nearly 3% to over $101 p

OilPrice·Apr 23
Apr 22

Asia Energy Squeeze Worsens as Supply Cushion Melts

Apr 22

Washington Eyes Dollar Lifeline for UAE Amid Hormuz Oil Supply Shock

Apr 22

Iran Fires on Hormuz Ships

Apr 22

Crude Rises On Iran-US Standoff

Apr 22

California’s First Gasoline Pipeline Moving Forward

Apr 22

Brazil’s Trade Surplus Surges To A Record $14.2 Billion Amid High Oil Prices

Apr 22

China "Aggressively" Dumps Oil In Tenders As Iran War Reshapes Flows

Apr 22

The Global Energy Crisis Is Reviving Green Hydrogen

Apr 22

Japan’s Japex To Quadruple Oil and Gas Production, Eyes U.S. Expansion

Apr 22

Saipem Posts Stable Q1 Profit