Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
OPEC has agreed to a theoretical increase in oil production by 206,000 barrels per day, but this increase is unlikely to materialize due to the ongoing Strait of Hormuz crisis. The agreement highlight
Cyprus and Egypt's energy ministers leveraged the prominent EGYPES conference in Cairo to sign a new framework agreement, signaling renewed high-level commitmen
WTI crude oil prices surpassed Brent crude this week, an unusual occurrence attributed to immediate supply concerns in the U.S. market. This price inversion sug
The UK is pushing the G7 to accelerate the transition to clean energy in response to global geopolitical instability. This call aims to enhance energy security
BP and ADNOC have approved the Harmattan gas project offshore Egypt with an estimated investment of $500 million. This project aims to increase natural gas prod