Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
Ukrainian drone attacks have inflicted significant financial and operational damage on Russia's oil refining sector, with estimated losses reaching nearly $13 billion over the past year. These targete
Egypt's Ministry of Petroleum is initiating an ambitious five-year plan aimed at significantly boosting the nation's crude oil production. This strategy involve
Kazakhstan's massive Tengiz oilfield has significantly restored its output, reaching 550,000 barrels per day after a fire forced a shutdown for half of January.
The Namibian government has refused to recognize an asset acquisition deal involving TotalEnergies and Petrobras, citing unspecified procedural or regulatory no
Transocean has initiated a significant merger with Valaris, aiming to create a dominant offshore drilling contractor valued at $17 billion. This strategic conso