News

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

Offshore Technology·Apr 1·1 min read

Oil drops over 3% as Middle East tensions show signs of easing

Oil prices fell by over 3% on Wednesday as perceived easing of tensions in the Middle East reversed earlier gains driven by geopolitical uncertainty. The price drop suggests market participants are re

NFE commercialises Santa Catarina LNG import terminal in Brazil

New Fortress Energy (NFE) has commercialized its Terminal de Gás Sul (TGS) LNG import terminal in Santa Catarina, Brazil, through a long-term lease and capacity

Offshore Technology·Apr 1

Wave energy pilot concludes at Port of Los Angeles

Eco Wave Power has concluded its wave energy pilot program at the Port of Los Angeles. This pilot represents a step in the development and testing of alternativ

Offshore Energy·Apr 1

Fugro secures offshore wind work in Brazil with Petrobras

Fugro has been awarded a contract by Petrobras for geotechnical site investigation work related to offshore wind development in Brazil. This signals Petrobras's

Offshore Energy·Apr 1

Brent Oil Dips Below $100 as Trump Signals End to Iran War

Brent crude oil prices fell sharply, dipping below $100 per barrel, following comments from former President Trump suggesting a potential swift end to a hypothe

OilPrice·Apr 1
Apr 1

Trillion Energy’s stake in giant Black Sea gas field up for sale

Apr 1

US grants ESA exemption for Gulf oil and gas activities

Apr 1

Asia Turns to Russian Oil amid Mideast War

Apr 1

Solstad vessel nets contract extension before upcoming long-term deployment

Apr 1

South Korean shipyard holds naming ceremony for US player’s new FSRU

Apr 1

OPEC Output Plunges by 7 Million Bpd as War Chokes Supply

Apr 1

$10 billion US LNG project comes online in Texas: One train down, two more left on McDermott and Chiyoda’s list

Apr 1

India’s Aviation Market Rocked by Wild Jet Fuel Price Swings

Apr 1

Pentagon Insider Joins REalloys as Rare Earth Deadline Approaches

Apr 1

Big Oil Returns to Exploration as Reserves Dwindle