News

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

Offshore Energy·Feb 16·1 min read

Aker Solutions lands major five-year contract for key Aker BP assets off Norway

Aker Solutions has secured a substantial five-year contract from Aker BP, focusing on maintenance, modification, and operational support for its key offshore assets located off the coast of Norway. Th

Caturus’ Commonwealth LNG secures 20-year SPA with Aramco Trading

Caturus' Commonwealth LNG project in the United States has secured a pivotal 20-year Sale and Purchase Agreement (SPA) with Aramco Trading, a subsidiary of Saud

Offshore Technology·Feb 16

Hungary Asks Croatia to Allow Russian Crude Shipments

Hungary is actively seeking an alternative conduit for Russian crude oil, requesting Croatia's permission to utilize the Adriatic pipeline (JANAF). This move co

Rigzone·Feb 16

U.S. Natural Gas Prices Continue to Slide as Warmer Weather Looms

U.S. natural gas futures for March delivery experienced a significant decline, dropping below the $3 per MMBtu mark, driven primarily by forecasts predicting mi

OilPrice·Feb 16

Cyprus achieves rare ‘decoupling’ of economic growth and emissions

Cyprus has achieved a significant milestone by reducing its greenhouse gas emissions by 5.2% in the third quarter of 2025 compared to the previous quarter, as r

Cyprus Mail·Feb 16
Feb 15

ADNOC’s LNG Expansion Signals a New Phase of Energy Leverage

Feb 15

Argentina’s Shale Boom Is Rewriting South America’s Energy Map

Feb 13

Oil Posts Second Straight Weekly Drop

Feb 13

Alberta Separatists Ramp Up Efforts to Leave Canada After Trump Meeting

Feb 13

British Gas Boss Warns UK Electricity Bills Will Soar by 2030

Feb 13

U.S. Rig Count Holds Steady as Oil Drilling Slips and Gas Activity Climbs

Feb 13

Reliance Gets USA License to Directly Buy VEN Crude

Feb 13

Cyprus third in EU for reduction of greenhouse emissions

Feb 13

TC Energy Tops Q4 Profit Estimate on Strong U.S. Natural Gas Demand

Feb 13

EIA Raises 2026 WTI Forecast, Lowers 2027 Projection