Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
Eni has discovered approximately 5 trillion cubic feet (tcf) of gas in place with the Geliga-1 exploration well in the Ganal block, offshore Indonesia's Kutei Basin. This significant gas find bolsters
Pakistan is facing a significant increase in fuel import costs, now paying a record $34 per barrel premium due to supply constraints exacerbated by the conflict
Innovex International, formed in 2024 from the merger of Dril-Quip and an unnamed entity, is expanding through the acquisition of a US firm founded in 2013. Thi
The U.S. aims to increase its crude oil and natural gas exports to India, a highly import-dependent nation. However, the article suggests that achieving this go
Traders placed significant bearish bets on oil prices, totaling nearly $1 billion through the ProShares UltraShort Bloomberg Crude Oil ETF (SCO), anticipating a