News

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

OilPrice·Aug 26·1 min read

Iran’s Tanker Blacklist Raises New Risks for Gulf Oil

Tehran's move to blacklist 45 crude tankers in retaliation for tightening American sanctions has quickly prompted major buyers, including key Indian refiners and an international energy major, to shun

Oil Prices Fall as Iran-Oman Talks Fuel Hopes of Strait Reopening

Crude benchmarks softened as diplomatic engagement between Tehran and Muscat signaled potential de-escalation surrounding the Strait of Hormuz. Bilateral negoti

OilPrice·Aug 26

SPR Sinks Toward Operational Minimum as U.S. Crude Inventories Build

Recent industry data indicates a substantial accumulation of domestic commercial crude stockpiles in the United States, outpacing broader market expectations. C

OilPrice·Aug 25

U.S. Refiners Face New Crude Squeeze as Canada Cuts Oil Sands Output

U.S. downstream operators are encountering an unexpected feedstock squeeze as scheduled seasonal maintenance in the Canadian oil sands curtails heavy crude supp

OilPrice·Aug 25

Oil Drops as Iran Diplomacy Gains

Crude benchmarks declined as geopolitical risk premiums deflated following signs of de-escalation between Washington and Tehran. Market sentiment shifted quickl

Rigzone·Aug 25
Aug 25

Woodside Retreats on Clean Energy, Doubles Down on LNG

Aug 25

Satellite Images Show Seven Tankers Loading Iraqi Crude at Once

Aug 25

Norway’s Troll Gas Expansion Buys Europe Time—But Not New Supply

Aug 25

BLM Sets October Oil and Gas Lease Sale for Montana and Dakotas

Aug 25

Strike Averted as Norway Helicopter Workers Agree New Pay Terms

Aug 25

Ukraine Attacks Oil Refinery, Gas Plant in Russia

Aug 25

Alaska judge dismisses challenge to Trump offshore drilling decision

Aug 25

Arabian Drilling set to kick off rig ops offshore Oman before quarter-end

Aug 25

BW LNG builds on 174k LNG carrier workhorse with 177k cbm three-tank design

Aug 25

Japan Holds Off on New Oil Reserve Release Despite September Import Drop