News

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

Hellenic Shipping News·Mar 13·1 min read

KOGAS Strengthens Energy Security with Canadian LNG Project

Korea Gas Corporation (KOGAS) is actively bolstering South Korea's energy security by increasing its involvement in the Canadian LNG sector. This strategic move aims to diversify its natural gas suppl

How a Texas Oil Belt Became America's Next Lithium Frontier

A traditional oil-producing region in Texas is emerging as a significant new source for lithium, a critical metal for modern technology and clean energy. This d

OilPrice·Mar 13

The Myth of the Oil Glut Is Dead

The long-standing belief in a persistent global oil surplus, which has shaped market discourse for nearly a decade, is now being challenged. This represents a s

OilPrice·Mar 13

Bank of America: Sell Oil Above $100

Bank of America has issued a strategic warning to investors, advising against chasing crude oil prices beyond the $100 per barrel mark. The financial institutio

OilPrice·Mar 13

The World’s Biggest Oil Supply Shock Is Now Unfolding

The International Energy Agency has issued a stark warning, characterizing the current energy crisis, fueled by ongoing conflict in the Middle East, as an unpre

OilPrice·Mar 13
Mar 13

China’s Sinopec to Slash Refinery Rates amid Crude Supply Shock

Mar 13

US Drillers Add Oil, Gas Rigs As Brent Tops $100 For First Time in Years

Mar 13

Cyprus could begin producing natural gas for export by 2028, minister says

Mar 13

Iran Doesn’t Need a Navy to Threaten Global Oil Supply

Mar 13

Hormuz Crisis Forces Massive Saudi Oil Shut-In

Mar 13

Kazakhstan's Tengiz Oilfield Supply Uninterrupted Despite New Incident

Mar 13

WATCH: Jan De Nul to carry out ‘industry’s first’ simultaneous multi-cable installation for TenneT

Mar 13

USA Crude Oil Stocks Rise Almost 4MM Barrels WoW

Mar 13

Iran’s All-or-Nothing Game in the Strait of Hormuz

Mar 13

Middle East Conflict Halts 15% of TotalEnergies Oil and Gas Production