News

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

Offshore Energy·Sep 2·1 min read

Titan-Sogestran pact brings new 6,000-cbm LNG bunker vessel to Western Mediterranean

Independent LNG bunker supplier Titan Clean Fuels has entered into a long-term partnership with Sogestran Group to construct and deploy a dedicated 6,000-cbm LNG bunkering vessel in the Western Medite

AI Could Unlock $230B for Oil, Gas, OFSE Cos, McKinsey Says

Management consultancy McKinsey & Company projects that artificial intelligence could generate up to $230 billion in annual value across the upstream oil and ga

Rigzone·Sep 2

Chinese shipbuilder taps GTT for tank design of four LNG carriers

French engineering firm Gaztransport & Technigaz (GTT) has secured a contract to provide the cryogenic membrane containment systems for four newbuild LNG carrie

Offshore Energy·Sep 2

CITGO to invest $310m in Lake Charles Refinery upgrade

CITGO Petroleum has committed $310 million toward modernizing its Lake Charles manufacturing facility in Louisiana. This major capital expenditure aims to enhan

Offshore Technology·Sep 2

Subsea7 wins ‘sizeable’ contract for Who Dat project in US

Subsea7 has secured a sizeable subsea installation contract from LLOG Exploration for the Who Dat field development in the deepwater Gulf of Mexico. Valued betw

Offshore Energy·Sep 2
Sep 2

Fuel prices rise at pumps as Brent tops $94 a barrel

Sep 2

U.S. Energy Secretary Says Venezuela Could More Than Double Oil Production

Sep 1

EU Struggles to Curb Energy Transition Dependence on China

Sep 1

U.S. Crude Inventories Drop amid Continued SPR Draws

Sep 1

U.S. Shale Producers Lose Bid to Kill Oil Price-Fixing Case

Sep 1

Bessent Says Strait of Hormuz Obsolete Within Two Years

Sep 1

Wison fires starting gun on FPSO fabrication for Eni’s African oil & gas project

Sep 1

Aker Solutions Installs New CEO

Sep 1

Transocean rig’s drill bit turns as Amplitude opens new chapter in East Coast gas hunt

Sep 1

Top Indian Oil Producer to Build $736MM Strategic Reserves