News

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

OilPrice·Feb 6·1 min read

Oil Prices Set for First Weekly Dip of the Year

Global crude oil benchmarks are experiencing their initial weekly decline of the year, a direct consequence of the perceived de-escalation in military tensions between the United States and Iran. This

Shell misses profit expectations, but keeps buyback pace

Shell's fourth-quarter earnings fell short of analyst projections, marking its lowest profit level since early 2021, primarily due to a downturn in global oil p

Cyprus Mail·Feb 6·Shell plc

StanChart: Oil Market Rebalances as Oversupply Fears Fade Into 2026

Global oil prices experienced a downturn, ending a recent rally, as market sentiment began to shift away from immediate oversupply concerns. Standard Chartered'

OilPrice·Feb 6

Alberta Plans New Crude Oil Pipeline to Ship Energy Exports to Asia

Canada's federal government and Alberta have reached a significant consensus to pursue new crude oil pipeline infrastructure, specifically targeting Asian expor

OilPrice·Feb 6

Peak Coal Expectations Return with 2025 Import Dip

Renewed discussions around 'peak coal' have emerged following data projecting a 4.4% decline in Asian seaborne coal imports for 2025. This potential dip signals

OilPrice·Feb 5
Feb 5

A vote of confidence by shipping companies in Skaramangas Shipyards and DK Fotinakis: Repair activity resumes at the largest shipyard in the Eastern Mediterranean

Feb 5

Oil Settles Lower as Iran-US Talks Ease Risk

Feb 5

Tehran Turns Routine Seizure Into Strategic Message

Feb 5

Shell Weighs Multibillion Dollar Venezuela Gas Investments

Feb 5

Can Foreign Investment Save Venezuela’s Broken Oil Sector?

Feb 5

Cyprus and Israel to sign Aphrodite gas field deal in 2026, president says

Feb 5

Russian Oil Discounts Widen for China as Indian Purchases Falter

Feb 5

How Policy Powered Guyana’s Oil Boom and Undermined Venezuela’s

Feb 5

Vitol, Total Snap Up North Sea Oil at Fastest Pace on Record

Feb 5

Lower Oil Prices Drag ConocoPhillips Q4 Profit Below Estimates