News

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

LNG Prime·Feb 25·1 min read

Metlen, Shell ink LNG pact

Greek energy major Metlen has formalized a Memorandum of Understanding with global LNG powerhouse Shell, securing future liquefied natural gas deliveries to key import facilities in Greece. This strat

UK Hits Russian Oil Fleet with Biggest Sanctions in Years

The United Kingdom has significantly escalated its economic pressure on Russia by imposing its most extensive sanctions in years against 175 entities associated

Rigzone·Feb 25

Wison secures maintenance gig for Eni’s Nguya FLNG

Chinese firm Wison New Energies has secured a significant contract to manage the operations and maintenance for Eni's Nguya floating liquefied natural gas facil

LNG Prime·Feb 25·ENI S.p.A.

U.S. Crude Stockpile Surge Weighs on Oil Prices

The American Petroleum Institute (API) reported an unexpectedly large surge in U.S. crude oil inventories for the week ending February 20, significantly exceedi

OilPrice·Feb 24

Carbon Credits Helped Power the “100% Clean” Olympic Winter Games

Enel, the energy provider for the recent Winter Olympics, successfully claimed a 100% low-carbon electricity supply for the event. This achievement, however, wa

OilPrice·Feb 24
Feb 24

How the EU Could Unlock 22 Trillion Cubic Feet of Barents Gas

Feb 24

Pipeline Disruption Adds Risk Premium to Russian Crude

Feb 24

Shale Giant Says Threat of Oil Glut Is Receding

Feb 24

Nigeria to Launch Exports of New Crude Grade as It Boosts Output

Feb 24

Moscow Reroutes Oil to China on Largest Vessels After India Slowdown

Feb 24

Eni’s new Sinai well begins crude production at 1,500 barrels per day

Feb 24

Technip and partners win contract for Coral Norte FLNG project

Feb 24

Woodside 2025 NPAT falls 24% to $2.7bn on softer prices

Feb 24

Dutch wave energy device all good during first night at sea

Feb 24

N-Sea’s new cable layer arrives in the Netherlands for final outfitting