News

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

OilPrice·Feb 26·1 min read

5 European Oil Stocks To Buy As Iran Risk Premium Boosts Oil Prices

Geopolitical tensions between the United States and Iran have significantly elevated global oil prices, reaching a seven-month peak as markets incorporate a substantial risk premium. This surge occurs

Turkey and BP Reshape the Balance of Power in Northern Iraq

Turkey's state-owned TPAO and British energy major BP have forged a comprehensive oil and gas cooperation agreement focused on northern Iraq. This strategic par

OilPrice·Feb 26

China and U.S. Oil Stockpiles Could Cushion an Iran Supply Shock

Major global crude oil importers, the United States and China, possess substantial strategic petroleum reserves capable of mitigating a significant supply disru

OilPrice·Feb 25

Crude Volatile Ahead Of Iran Talks

Global crude markets are experiencing significant price volatility as participants assess the geopolitical implications of ongoing negotiations concerning Iran,

Rigzone·Feb 25

South America Dominates Global FPSO Market With $181 Billion Deepwater Buildout

South America is solidifying its position as the global leader in floating production, storage, and offloading (FPSO) vessel deployment, driven by an ambitious

OilPrice·Feb 25
Feb 25

Soaring Electricity Demand Meets Gas Turbine Shortage

Feb 25

Saudi Arabia Boosting Oil Output In Anticipation of U.S. Attacks On Iran

Feb 25

North Sea Oil Signals Weakness

Feb 25

US Coal and Gas Plant Closures Delayed

Feb 25

White House Presses Tech Giants to Shield Households From AI Power Costs

Feb 25

Trump To Allow Private Cuban Companies To Buy Fuel But Block The Regime

Feb 25

OPEC+ To Consider Oil Output Hike By 137,000 bpd For April

Feb 25

Slowing USA Shale Growth Has Fracking Companies Finding New Markets

Feb 25

‘World-first’ as ammonia-fuelled two-stroke engine passes quality assurance

Feb 25

EOG Posts Lower Q4 Profit