News

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

OilPrice·Mar 30·1 min read

Oil Climbs on Fears of Multi-Front Supply Shock

Oil prices surged due to fears of a multi-front supply shock stemming from military escalation and diplomatic breakdowns. Brent Crude reached $116.69, reflecting market anxiety over potential disrupti

Africa Could Emerge As The Biggest Winner In Iran War

The article posits that Africa could benefit significantly from the disruption in global energy markets caused by the Middle East conflict. The conflict has led

OilPrice·Mar 29

Surge in West Texas Oil Theft Raises National Security Alarms

Oil theft is surging in West Texas, costing oil and gas operators billions of dollars in the Permian Basin. This rise in criminal activity is raising national s

OilPrice·Mar 29

Why Africa Must Build Energy Capacity Fast

The article highlights the urgent need for Africa to develop its energy sector due to widespread lack of electricity access. It emphasizes that without signific

OilPrice·Mar 29

Greenhouse gas levels in Cyprus reach historic highs amid climate warning

Cyprus's Environment Commissioner has issued a stark warning that the island's greenhouse gas concentrations have reached unprecedented levels, signaling signif

Cyprus Mail·Mar 29
Mar 29

Woodside Sees Delay in Start of Cleaner Ammonia Production at Texas Project

Mar 29

President heads to Egypt, targets first gas exports to Europe by 2027

Mar 29

Gas leak explosion injures woman as fire crews tackle four incidents

Mar 28

Drillers See Triple-Digit Crude and Hit the Brakes

Mar 28

Middle East War Reignites the Energy Transition

Mar 28

Washington Plans $1 Billion Deal to Kill Wind Power as Energy Prices Rise

Mar 28

Argentina’s State Oil Firm Dodges $16B Payout

Mar 28

Greek Shipowner Sends Another Tanker Out Through Hormuz

Mar 28

Cyprus Business Now: Cyta, CBC chief, ERB, ports, fuel sales, deposits, RIF, CSE

Mar 27

The Cushion Is Gone and the Oil Market Is Now Exposed