Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
Global crude oil benchmarks, specifically West Texas Intermediate, experienced a notable decline this week, with prices falling below $63 per barrel. This downturn is primarily attributed to a conflue
ExxonMobil's fifth major oil development offshore Guyana is rapidly progressing towards first oil, with Dutch firm Jumbo Offshore successfully completing the cr
Reports indicate that a segment of the OPEC+ alliance is contemplating a potential reversal of its current production cuts, with discussions focusing on the pos
The delivery of a new methanol dual-fuel container vessel, built in China and delivered by Japan's Tsuneishi Shipbuilding for Maersk's charter, marks another si
UK energy major BP has forged a strategic cooperation agreement with Türkiye's national oil company, TPAO, to collaborate on oil and gas exploration and product