News

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

Natural Gas Intelligence·Feb 6·1 min read

Cheniere Moving Ahead With Yet Another LNG Expansion Project at Corpus Christi Terminal

Cheniere Energy is strategically advancing its Corpus Christi LNG export capabilities by filing for a significant Stage 4 expansion, which would add 24 million tons per year of liquefaction capacity.

Venezuela’s Return Won’t Dethrone Latin America’s Oil Leaders

Despite the potential re-entry of Venezuelan crude, Argentina, Guyana, and Brazil are projected to dominate Latin American oil production growth by 2026. This o

OilPrice·Feb 6

US Oil Drillers Add Rigs Even in Price Uncertainty

The latest Baker Hughes data indicates a modest uptick in US drilling activity, with the total rig count rising by five this week to 551. This slight expansion

OilPrice·Feb 6·TotalEnergies SE

TotalEnergies Pushes Deeper Into Namibia’s Offshore Oil Boom

TotalEnergies is significantly expanding its footprint in Namibia's burgeoning offshore oil sector by acquiring a substantial stake in a new exploration block.

OilPrice.com·Feb 6·TotalEnergies SE

Shell to Pause Kazakh Oil and Gas Investments

Shell has announced a halt to new capital investments in Kazakhstan, a significant OPEC+ oil producer. This decision stems from ongoing legal disputes initiated

Rigzone·Feb 6·Shell plc
Feb 6

Saudis Cut Key Oil Price for Asian Buyers

Feb 6

Ørsted Targets Dividend Comeback After Two Brutal Years

Feb 6

Eni’s Nguya FLNG ships first cargo

Feb 6

Japan’s Mitsui Nears Deal to Buy Stake in Huge Qatar LNG Project

Feb 6

Oil Majors' Shareholder Payouts Are Under Pressure

Feb 6

TotalEnergies to buy 42.5% stake in Namibia’s PEL104 licence

Feb 6

Chevron and TPAO set their cap on oil & gas exploration in Black Sea

Feb 6

Tankers With Russian Oil Flock to East Asia

Feb 6

Oil Prices Slide as Diplomacy Drains the Risk Premium