News

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

OilPrice·Feb 15·1 min read

ADNOC’s LNG Expansion Signals a New Phase of Energy Leverage

ADNOC, Abu Dhabi's national oil company, is strategically enhancing its presence in the global LNG market, particularly through an accelerated expansion of its shipping capabilities. This move transce

Argentina’s Shale Boom Is Rewriting South America’s Energy Map

Argentina's burgeoning unconventional oil sector has significantly boosted its crude production, leading the nation to surpass Colombia and become South America

OilPrice·Feb 15

Oil Posts Second Straight Weekly Drop

Global crude oil benchmarks experienced their initial back-to-back weekly price decline of the year, signaling a shift in market dynamics. This downturn was pri

Rigzone·Feb 13

Alberta Separatists Ramp Up Efforts to Leave Canada After Trump Meeting

A right-wing group advocating for Alberta's secession from Canada has intensified its independence campaign following multiple meetings with officials from the

OilPrice·Feb 13

British Gas Boss Warns UK Electricity Bills Will Soar by 2030

The chief executive of Centrica, owner of British Gas, has issued a stark warning that UK electricity bills are projected to exceed the peak levels seen during

OilPrice·Feb 13
Feb 13

U.S. Rig Count Holds Steady as Oil Drilling Slips and Gas Activity Climbs

Feb 13

Reliance Gets USA License to Directly Buy VEN Crude

Feb 13

Cyprus third in EU for reduction of greenhouse emissions

Feb 13

TC Energy Tops Q4 Profit Estimate on Strong U.S. Natural Gas Demand

Feb 13

EIA Raises 2026 WTI Forecast, Lowers 2027 Projection

Feb 13

Supply Fears Return as OPEC+ Eyes Output Expansion

Feb 13

Petronas signs agreement for Block 18 O&G exploration in Oman

Feb 13

Can Venezuela’s New Hydrocarbons Law Revive Its Oil Industry?

Feb 13

IEA Dials Back Its Oversupply Warning After Winter Shocks

Feb 13

OPEC+ Considers April Output Hike After Its Winter Pause