News

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

OilPrice·Sep 3·1 min read

Europe’s Low Gas Stocks Set Stage for Winter LNG Battle

Depleted European underground natural gas inventories, currently tracking at their lowest levels in nearly twenty years, are setting up a fierce procurement clash with Asian importers for uncontracted

Brent Could Hit $100 Soon

Market strategists are signaling a potential near-term surge in Brent crude toward the triple-digit threshold, driven by compounding geopolitical frictions and

Rigzone·Sep 3

KNOC, Kogas to Merge

The South Korean government has initiated a sweeping restructuring of its public sector, consolidating state-owned energy majors Korea National Oil Corporation

Rigzone·Sep 3·KOGAS

Chevron to invest more than $7bn in Venezuela oil ventures

US supermajor Chevron has restructured operating agreements with Venezuela's state-owned PDVSA, establishing a multi-year investment pipeline targeting upwards

Offshore Technology·Sep 3·Chevron Corporation

Asian Oil Buying Spree Sends Dubai Crude Toward $100

Surging procurement activity from major Asian refiners in China and India has tightened the physical market for Middle Eastern sour grades, propelling Dubai ben

OilPrice·Sep 3
Sep 2

U.S. SPR Depletion Threatens Further Oil Price Volatility

Sep 2

Trump Pressures USA Oil Refiners to Ease Pump Prices

Sep 2

OPEC+ Set to Hold Oil Output Steady as Iran War Disrupts Supply

Sep 2

The Suspicious Timing Behind Trump's “Biggest Oil Deal In History”

Sep 2

SOCAR to Invest in Haynesville with Nearly $1.7B Comstock Partnership

Sep 2

WATCH: $12.5B gas project closing in on first LNG cargo as 10-storey module comes to Australia

Sep 2

Texas Oil Regulator Names New Oil, Gas Director

Sep 2

Nikkiso lands equipment deal for German LNG terminal

Sep 2

Kazakhstan to Double Oil Refining Capacity by 2040