Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
Global oil markets are reacting to signals from several OPEC+ members indicating a potential willingness to increase crude oil production. This development is exerting downward pressure on prices, des
PC Oman Ventures, a subsidiary of Malaysia's Petronas, has secured a significant concession agreement with the Omani government and OQEP for oil and gas explora
The United States dispatched its Energy Secretary to Caracas to evaluate Venezuela's recently enacted hydrocarbons law, specifically examining its potential to
The International Energy Agency (IEA) has adjusted its forecast for the global oil market, reducing its previous warnings about a significant production surplus
The OPEC+ alliance is reportedly leaning towards resuming oil production increases starting in April, following a period of stable output maintained throughout
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