Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
A Ukrainian drone strike successfully targeted Lukoil's Volgograd oil refinery in southern Russia, causing a fire and forcing the suspension of oil processing operations. This incident marks another e
Abu Dhabi National Oil Co. (ADNOC) is strategically evaluating the acquisition of liquefied natural gas (LNG) tankers through its shipping division. This move s
Global oil and gas exploration activity is showing initial signs of a rebound, indicating a potential shift in industry investment priorities. This 'early recov
Vitol, the world's largest independent oil trader, assesses that ongoing international sanctions against major producers like Russia and Iran are significantly
The OPEC+ alliance experienced a significant reduction in crude oil production during January, with output falling by 439,000 barrels per day compared to the pr
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