News

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

OilPrice·Apr 9·1 min read

Sanctioned Russian LNG Finds Buyers in Asia at Deep Discounts

Russia is reportedly offering discounted LNG cargoes from the sanctioned Arctic LNG 2 project to buyers in South Asia. This suggests Russia is seeking alternative markets to circumvent Western sanctio

Industry’s largest subsea rock installation vessel in final preparations for first job

Boskalis' new, and reportedly largest, subsea rock installation (SRI) vessel is nearing completion and preparing for its first deployment. This vessel is signif

Offshore Energy·Apr 9

China Oil Tankers Join Line Testing Hormuz and Iran Truce

Chinese oil tankers are reportedly joining a queue to load Iranian crude oil, potentially testing the limits of sanctions and a fragile truce in the region. Con

Rigzone·Apr 9

Consortium developing subsea noise reduction system for floating, jacket offshore wind foundations

A consortium including Chantiers de l’Atlantique, EDF power solutions, Heerema Marine Contractors, and others is developing a subsea noise reduction system for

Offshore Energy·Apr 9

Goldman Cuts Oil Price Forecasts After Ceasefire Announcement

Goldman Sachs revised its oil price forecasts downward after a reported ceasefire agreement between Iran and the United States. This adjustment occurred amidst

OilPrice·Apr 9
Apr 9

Oil Prices Rise as Iran Signals Hormuz Closure

Apr 8

Petrostates Without Oil Export Routes Take the Hardest Hit

Apr 8

China's LNG Demand Won't Bounce Back

Apr 8

How China Positioned Itself to Win the Global Energy Crisis

Apr 8

Oil Plunges on Ceasefire Deal

Apr 8

$2B Investment Drives Expansion of U.S.-Canada Oil Flows

Apr 8

Iran Attacks Saudi Arabia's East-West Oil Pipeline

Apr 8

A Global Oil Crisis Is Giving Suriname’s Offshore Dreams New Life

Apr 8

Exxon Mobil Signals $2.9B Q1 Earnings Bump On Higher Oil Prices

Apr 8

Oil Slumps, Stock Markets Surge As First Ships Transit Hormuz