Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
Recent industry monitoring reveals a slight contraction in US upstream operational activity despite firming global crude benchmarks. Baker Hughes reported a net decline in the total active drilling fl
Independent Chinese refiners, known as teapots, are curbing their intake of Iranian crude following intensified sanctions enforcement and maritime tracking pres
Global crude benchmarks are rapidly approaching the $100 per barrel threshold as a severe maritime bottleneck in the Persian Gulf disrupts supply flows. The imp
Ukrainian long-range uncrewed aerial systems have successfully targeted a major Lukoil-operated processing plant in the Perm region, marking one of the deepest
Dutch floater specialist SBM Offshore has taken a key logistical step toward the deployment phase of a major $10.4 billion ultra-deepwater project with the deli
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