News

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

Rigzone·Apr 14·1 min read

Iran, US Weigh Fresh Talks as Trump Blockade Underway

The U.S. and Iran are considering further talks to prolong a ceasefire amidst a U.S. naval blockade aimed at restricting Iran's oil exports. This development has implications for global oil supply and

Under €28M contract, NextGeo to survey cable route for new Italian interconnection

Terna, Italy's grid operator, has awarded Next Geosolutions a €28M contract to survey the cable route for a new Italian interconnection. This project is crucial

Offshore Energy·Apr 14

Oil Traders Bet on Diplomacy Even as Physical Supply Tightens

Oil prices decreased in early trading due to renewed optimism regarding diplomatic progress between the U.S. and Iran, which could potentially ease supply const

OilPrice·Apr 14

The Oilfield Service Crunch Is Here

The article discusses the limitations preventing a new shale boom despite rising oil prices, highlighting constraints in the oilfield service sector. It suggest

OilPrice·Apr 14

China Has Turned To Central Asia To Mitigate Middle East Oil Supply Risk

The article discusses how a hypothetical war in Iran and disruptions at the Strait of Hormuz are pushing China to seek alternative oil supplies from Central Asi

OilPrice·Apr 13
Apr 13

Time to Plan for Months of Oil, Gas Shortage

Apr 13

Oil Climbs but Truce Hopes Cap Gains

Apr 13

World’s Top Oil Trader Hit by Massive Loss on Bets Gone Wrong

Apr 13

Trump Signals High Gas Prices Through November Midterms

Apr 13

Policy Failure Is Dragging Ecuador’s Oil Sector Lower

Apr 13

Petrobras Strikes New Offshore Hydrocarbon Discovery In Brazil

Apr 13

BP Joins Shell and TotalEnergies in Namibia's Offshore Rush

Apr 13

TotalEnergies combines strengths with TPAO for oil & gas exploration ops

Apr 13

Palm Valley JV strikes long-term gas supply deal with NT Government

Apr 13

Türkiye launches first overseas deep-sea drilling mission off Somalia