Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
CNOOC, a major Chinese national oil company, reported an 11.5% decrease in net profit for 2025, falling to 122.1 billion yuan ($17.67 billion) from 137.9 billion yuan in 2024. This decline suggests po
Norwegian authorities have approved Aker BP's drilling plans in the North Sea, utilizing a Saipem-owned rig. This approval signifies continued investment and ac
TotalEnergies has affirmed its commitment to existing liquefied natural gas (LNG) supply agreements, with CEO Patrick Pouyanne stating the company will not invo
A recent cyclone in Australia has caused significant operational disruptions across three major liquefied natural gas (LNG) facilities, including key projects o
Iberdrola has sold its SP Dataserve subsidiary to Bluewater as part of its active portfolio management strategy. This move signals Iberdrola's intent to streaml