News

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

Hellenic Shipping News·Apr 1·1 min read

GTT entrusted by Hanwha Ocean with the tank design of two new LNG Carriers

GTT has secured a future order from Hanwha Ocean for the design of cryogenic tanks for two new 174,000 cubic meter Liquefied Natural Gas (LNG) carriers, signaling ongoing investment in global LNG ship

Dubai Benchmark Pressured by Hormuz Disruptions

The article reports that a hypothetical war with Iran and the closure of the Strait of Hormuz are stranding Middle Eastern oil exports. This disruption is placi

OilPrice·Apr 1

Oil Falls 2% as Trump Says U.S. Will Exit Iran 'Pretty Quickly'

Oil prices fell by 2% following President Trump's indication that the U.S. might soon reduce its military presence in Iran and his criticism of NATO's support i

OilPrice·Apr 1

Israeli Attack on Iranian Port Exposes Vulnerability in Russia Trade Route

The article reports an alleged Israeli attack on an Iranian port, highlighting the vulnerability of the Caspian Sea trade route used by Russia and Iran. This ro

OilPrice·Apr 1

Saxo Bank Flags 'Record Surge' in Energy Prices

Saxo Bank's Head of Commodity Strategy, Ole Hansen, highlighted a significant increase in energy prices, indicating a broad rally beyond just crude oil. This su

Rigzone·Apr 1
Apr 1

African gas project ticks FID off the list as Subsea7 scores multimillion-dollar deal

Apr 1

Afreximbank leads $2.5bn syndicated loan for Dangote refinery

Apr 1

BW Energy seals $80m sale and leaseback for Jasmine Alpha rig

Apr 1

European Commission Approves $7B Italian State Aid for Green Hydrogen

Apr 1

More time for Inpex and Pertamina to work on Asian LNG project

Apr 1

Missile hits oil tanker chartered to QatarEnergy

Apr 1

Soil survey underway for Dutch hydrogen and CO2 pipeline network

Apr 1

Oil Prices Plunge on De-Escalation Hopes