Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
India's government is strategically guiding its domestic refiners to diversify their crude oil procurement, encouraging increased purchases from the United States and Venezuela via the spot market. Th
Brazilian state-owned energy giant Petrobras has significantly enhanced its deepwater production capabilities by deploying an eighth Floating Production Storage
United States crude oil inventories saw a significant build of 8.5 million barrels during the week ending February 6, as reported by the U.S. Energy Information
TotalEnergies experienced a notable decline in its net income for the fourth quarter of 2025, reporting a 26% reduction compared to the previous year. This fina
OPEC+ reported a significant reduction in its collective oil output last month, driven by involuntary production shortfalls in key member states like Kazakhstan
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