Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
TotalEnergies has announced a new hydrocarbon discovery offshore Congo. This discovery reinforces TotalEnergies' position in the region and contributes to the potential for increased oil and gas produ
Russia has signaled its willingness to resume natural gas deliveries to Europe if surplus volumes remain after fulfilling commitments to alternative markets. Th
Petrobras has awarded Solstad Maritime a $56 million contract extension for a construction support vessel (CSV). This extension signifies continued investment i
ExxonMobil is committing a substantial multi-billion dollar investment, potentially up to $24 billion, towards deepwater oil and gas projects in Nigeria. This s
Oil prices have spiked above $100 per barrel after the collapse of US-Iran negotiations and a threat from former President Trump to blockade the Strait of Hormu