News

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

Offshore Technology·Feb 13·1 min read

SLB wins key contracts for Tangkulo gas project in Indonesia

SLB, a leading energy technology firm, has secured multiple contracts from Mubadala Energy to provide offshore drilling services for the deepwater Tangkulo natural gas project in Indonesia's Andaman S

Oil Prices Tumble Toward Second Consecutive Weekly Loss

Global crude oil benchmarks, Brent and WTI, are experiencing a notable decline, poised for their second consecutive weekly loss. This downward trend is primaril

OilPrice·Feb 13

Cyprus outpaces EU average in shift towards energy efficiency

Cyprus has demonstrated remarkable progress in energy efficiency over the past decade, significantly outpacing the European Union average in reducing its net do

Cyprus Mail·Feb 13

How a Snow Deficit in the Alps Will Put Europe’s Energy System Under Pressure

A significant snow deficit in the Alps for 2026 is poised to intensify pressure on Europe's energy system by the end of the current winter. This shortfall direc

OilPrice·Feb 12

Europe's Clean Energy Push Creates New Geopolitical Risks

Europe's strategic pivot away from Russian energy imports is inadvertently forging new, complex dependencies on other global powers. The continent is now increa

OilPrice·Feb 12
Feb 12

Oil Drops Amid Supply And Equity Jitters

Feb 12

Why the AI Boom May Extend the Reign of Natural Gas

Feb 12

TotalEnergies Expects Mexico’s Energía Costa Azul LNG Terminal to Enter Service This Year

Feb 12

Oil Prices Drop 3% After IEA Cuts Demand Growth Outlook

Feb 12

Trump Disavows Oil Executive’s Role in Venezuela Talks

Feb 12

Ukrainian Drone Strike Halts Major Russian Refinery in Volgograd

Feb 12

ADNOC May Expand LNG Tanker Fleet

Feb 12

Global Exploration Signaling 'Early Recovery'

Feb 12

Top Trader Sees Sanctions Tightening Market and Lifting Oil Prices