News

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

Offshore Technology·Jul 3·1 min read

TotalEnergies sells 8.5% stake in Marjoram gas field to Inpex

TotalEnergies' divestment of its 8.5% stake in Malaysia's offshore Marjoram gas field to Inpex for $350 million represents a strategic portfolio optimization. By monetizing this minority position, the

Covelya Group acquisition expands Kraken’s geographic reach

Kraken Robotics' acquisition of the Covelya Group represents a major consolidation in the subsea technology sector, merging advanced synthetic aperture sonar (S

Offshore Energy·Jul 3

Alberta and Ottawa Greenlight New Pacific Pipeline

In a major shift in Canadian energy policy, the federal government and the province of Alberta have jointly approved a new crude oil pipeline to the Pacific coa

OilPrice·Jul 3

UAE Rewrites Offshore Oil Pricing To Capture Asian Markets

Abu Dhabi's strategic transition of its flagship Murban crude into a freely traded futures contract on the ICE Futures Abu Dhabi (IFAD) exchange is successfully

OilPrice·Jul 3

Tehran Is Racing the Clock to Export as Much Oil as Possible

Iran is aggressively maximizing its crude oil exports following a temporary 60-day diplomatic window established between Tehran and Washington in mid-June. This

OilPrice·Jul 2
Jul 2

Saudi Oil Exports Approach Pre-War Levels

Jul 2

Oil Holds Near Prewar Lows

Jul 2

Carney Backs B.C. Tanker Ban as Alberta Unveils Pipeline Plan

Jul 2

Iran Tightens Grip on Strait of Hormuz Tanker Traffic

Jul 2

Tesla Delivers a Blowout Quarter, Crushing Wall Street Estimates

Jul 2

OPEC+ Plans Another Output Hike. The Market Barely Notices.

Jul 2

Trump Administration Advances New California Oil Lease Plans

Jul 2

MODEC’s Brazil-bound FPSO hull on its way to China for integration work

Jul 2

USA Crude Oil Stocks Drop Almost 4MM Barrels WoW

Jul 2

Aqualis brings Southeast Asian player into its fold