Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
The latest Baker Hughes data reveals a modest contraction in North American drilling operations, with 11 fewer rotary rigs active during the past week. This slight decline suggests producers may be ex
Despite a broad rally in international crude prices, Russia's flagship Urals blend continues to be traded at significant discounts. This persistent price differ
QatarEnergy, the state-owned energy giant, has formally notified its liquefied natural gas (LNG) customers of a force majeure event, citing an unspecified produ
Germany's state-owned energy firm, SEFE, has secured an eight-year liquefied natural gas (LNG) supply agreement with Argentina's Southern Energy (SESA). This lo
An alliance has been formed between offshore drilling contractor Seadrill, technology specialist Kongsberg Maritime, and offshore drilling services provider Han