News

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

Offshore Energy·Mar 10·1 min read

ExxonMobil sets the wheels in motion to redomicile to Texas

ExxonMobil's board of directors has unanimously recommended that shareholders approve a move to change the company's legal domicile from New Jersey to Texas. This strategic decision aims to align the

Sparta CEO Says 'Products, Not Crude, Are the Real Story'

Sparta Commodities CEO Felipe Elink Schuurman has highlighted that the most extreme price volatility in the energy markets is currently observed in refined petr

Rigzone·Mar 10

One new and one converted trenching support vessel to enrich Jan De Nul’s fleet

Jan De Nul, a prominent global offshore contractor, is strategically expanding its specialized fleet by adding two trenching support vessels, one newly construc

Offshore Energy·Mar 10

Sea trial for Great Sea Interconnector cable completed successfully

A critical technical milestone for the Great Sea Interconnector has been achieved with the successful undersea trial of its specialized cable by Nexans. This de

Cyprus Mail·Mar 10

Cyprus fuel prices rise as international market turbulence persists

Cyprus is experiencing an uptick in domestic fuel prices, with increases ranging from 2.6 to 4.7 cents, driven by sustained international market volatility. Thi

Cyprus Mail·Mar 10
Mar 10

Shell Sells Part of US Lubes Business to Monomoy for $1.3B

Mar 10

Market Spinning After 'Most Epic Price Reversal in Oil History'

Mar 10

Chinese launch next-gen deepwater multi-purpose offshore engineering vessel

Mar 10

Southeast Asian gas drilling ops edging closer with ‘major milestone’ reached

Mar 10

Oil prices fall after Trump forecasts end to Middle East conflict

Mar 10

Texas LNG and Kiewit sign EPC contract for LNG terminal in US

Mar 10

Italy opens new LNG chapter with FSRU ticking off first small scale cargo

Mar 10

Nexans breaks world record again by installing subsea cable 3,000 meters under water

Mar 10

Trump Teases Early End to Iran War

Mar 10

Aramco Raises Dividend, Launches $3B Buyback