Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
Brazil, a rapidly expanding oil producer and South America's largest economy, has formally accepted an invitation to join the OPEC+ alliance in early 2025. This decision, following an initial offer in
Escalating geopolitical tensions, particularly concerning Iran, have triggered a sharp increase in global crude oil prices. This surge is primarily driven by fe
U.S. average gasoline prices have surged past $3 per gallon for the first time since November, a direct consequence of escalating geopolitical tensions involvin
Chevron has invoked force majeure at the Leviathan natural gas field, offshore Israel, following a government directive to temporarily halt operations. This mov
The Strait of Hormuz has re-emerged as a critical flashpoint for global energy markets, driven by renewed geopolitical instability in the Middle East. This vita