Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
British energy major Shell Plc. is facing a significant strategic challenge as its proven oil reserves have fallen to their lowest level since 2013, indicating a potential production shortfall within
US Gulf Coast LNG cargoes destined for Europe have demonstrated significant profitability between 2023 and 2025, yielding average margins of $4.56 per MMBtu. Th
Transocean, a leading offshore drilling contractor, is set to acquire rival Valaris in an all-stock transaction valued at approximately $5.8 billion. This strat
Speculative investors are significantly increasing their bets on rising crude oil prices, reaching multi-month highs, driven primarily by renewed geopolitical i
Despite a recent decline in global crude oil prices, which benefits motorists, electricity consumers are experiencing a contradictory trend of escalating power
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