News

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

Natural Gas Intelligence·Mar 16·1 min read

Eni Eyes Venezuela Natural Gas Exports as Perla Pact Opens LNG Path

Eni is strategically positioning itself to transform its Venezuelan gas holdings from domestic supply assets into a global LNG export hub. This move follows a significant shift in the Venezuelan regul

TotalEnergies Finalizes Plan for Azeri Absheron Field's Second Phase

TotalEnergies has officially scheduled the second phase of the Absheron gas field expansion for a 2029 launch, signaling a long-term commitment to the Caspian's

OilPrice·Mar 16·TotalEnergies SE

The Global Campaign to Control Oil Prices

The global energy market is currently grappling with a massive supply shock as approximately 20% of the world's oil production has been halted due to conflict i

OilPrice·Mar 16

Ukraine Eyes Major Black Sea Gas Development With Romania’s OMV Petrom

Ukraine's Naftogaz and Romania's OMV Petrom are exploring a strategic partnership to develop offshore gas reserves in the Black Sea. This collaboration aims to

OilPrice·Mar 16

North America Drops 6 Rigs WoW

The latest Baker Hughes data reveals a contraction in North American drilling activity, with a net loss of six rigs week on week. This decline primarily reflect

Rigzone·Mar 16
Mar 16

Eni discovers more than 1 Tcf of natural gas offshore Libya

Mar 16

Heavy rain a welcome boost to water reserves

Mar 16

US oil sanctions waiver seen as ‘financial lifeline’ for Russia

Mar 16

BREAKING: Eni announces new offshore gas discoveries in Libya of more than 1 trillion cubic feet – gas to supply Libyan domestic market and for export to Italy

Mar 16

Middle East conflict affects around 15% of TotalEnergies’ total output

Mar 16

‘Shipbuilding industry’s first’ robotic pipe fabrication facility opens in South Korea

Mar 16

Cyprus on the Eastern Mediterranean energy and geopolitical chessboard

Mar 16

EIA Ups WTI Price Forecast by $20 in Wake of Iran Conflict

Mar 16

JERA, KOGAS partner to strengthen LNG operations and energy security

Mar 16

Go-ahead for Pelican State’s multibillion-dollar LNG project to up its export ante