Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
Turkey and Chevron have formalized a new agreement focused on global exploration initiatives, marking a notable expansion of collaborative efforts between Turkish and American energy entities. This pa
U.S. commercial crude oil inventories, excluding strategic reserves, experienced a notable weekly decline of 3.5 million barrels, signaling a tightening market.
MacGregor, a prominent marine and offshore equipment supplier, has secured a contract to provide a 400-ton active heave compensated (AHC) subsea crane for a new
Shell has reported a substantial increase in its net income for the fourth quarter of 2025, reaching $4.1 billion, a significant improvement over the $928 milli
IMODCO Terminals, a subsidiary of the prominent offshore solutions provider SBM Offshore, has secured a Front-End Engineering Design (FEED) contract for a CO2 t