News

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

Rigzone·Feb 26·1 min read

Eni Approves Project to Enable Biofuel Production at Pavia Refinery

Eni has officially sanctioned a significant project to transform its conventional refinery in Pavia, Italy, into a facility dedicated to biofuel production. This strategic move underscores the Italian

Cyprus shipping will be affected by EU push for oil ban on Russia

The European Union is advancing a proposal to prohibit maritime services that facilitate Russia's seaborne crude oil exports. This measure is poised to dispropo

In-Cyprus·Feb 26

First offshore vessel to operate on ammonia coming this autumn

Norwegian firm Eidesvik Offshore is pioneering the use of ammonia as a marine fuel by converting an offshore vessel, with completion expected this autumn. This

Offshore Energy·Feb 26

USA Crude Oil Stocks Jump 16MM Barrels Week on Week

A significant increase of 16 million barrels in US commercial crude oil inventories, reaching 435.8 million barrels by February 20, indicates a potential oversu

Rigzone·Feb 26

Hull of new Dutch multifunctional workboat soon to be launched

Dutch shipbuilder Neptune Marine is preparing for the imminent launch of a new multifunctional workboat hull. This event signifies the ongoing investment in spe

Offshore Energy·Feb 26
Feb 26

Biggest Oil Cos Need to Find 22MM Bpd by 2040

Feb 26

Eni approves FID for Sannazzaro biorefinery shift in Italy

Feb 26

Coral Cyprus (Shell licensee) certified as Great Place To Work®

Feb 26

Saipem loses drillship deal to higher bidder

Feb 26

Eni’s LNG sales up in Q4

Feb 26

Technip-led JV wins EPCC contract for North Field West LNG project

Feb 26

Shell Weighs $24 Billion Stake Sale in Australian LNG Project

Feb 26

Saudi Arabia, Iran Boost Oil Exports amid Rising Mideast Tensions

Feb 26

Odfjell Technology buying majority stake in lightweight intervention and P&A businesses

Feb 26

Iran Restarts Gas Exports to Iraq as Energy Pressures Mount