Venezuela Suspends 19 Oil Production Contracts
Venezuela's government has unilaterally halted 19 production-sharing agreements with private oil firms across key production areas, signaling a renewed push for state control over its vital energy sec
Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
Venezuela's government has unilaterally halted 19 production-sharing agreements with private oil firms across key production areas, signaling a renewed push for state control over its vital energy sec
The UK Treasury is reportedly evaluating the potential abolition of the Energy Profits Levy, commonly known as the windfall tax, on North Sea oil and gas produc
French energy major TotalEnergies has signaled a significant long-term commitment to securing diversified LNG supplies by signing a preliminary agreement to pur
Saudi Aramco has officially commenced gas production at its massive Jafurah unconventional field, marking a pivotal moment in the Kingdom's energy strategy. Thi
Global crude benchmarks, Brent and WTI, are experiencing their first weekly downturn in a month, reflecting a significant easing of geopolitical risk premium. T