Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
A recent Financial Times investigation has revealed a sophisticated network of nearly fifty entities orchestrating the covert movement of Russian crude oil valued at over $90 billion, effectively circ
Escalating geopolitical tensions between the United States and Iran are significantly impacting the global supertanker market, driving daily hire rates to their
Offshore drilling giant Transocean has significantly bolstered its financial outlook by securing new contracts and extensions for seven of its mobile offshore d
The global market for oil supertankers is experiencing a significant surge in chartering costs, with projections indicating rates could soon reach their highest
United States commercial crude oil inventories experienced a substantial draw of 9 million barrels in the week ending February 13, signaling either robust domes