Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
The United Arab Emirates is increasing oil exports from a key port located outside the Strait of Hormuz. This move allows the UAE to bypass the Strait, a critical chokepoint for global oil supplies, p
Brent and WTI crude oil prices experienced a significant rally due to escalating war risks, leading traders to anticipate a protracted conflict and potential di
Russian oil exporters are considering declaring force majeure on oil cargoes from key Baltic Sea ports due to disruptions caused by Ukrainian drone strikes targ
Aker BP's 2025 annual report reveals a year of transition, characterized by stable production and cost control, but significantly lower earnings due to weaker o
Libya's National Oil Corporation has engaged US energy giant Chevron to conduct a comprehensive technical evaluation of offshore Block NC 146, signaling renewed