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

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Rigzone·Jul 18·1 min read

Forgotten Shale Gas Play Reemerges as Oil Hot Spot

North American operators are successfully revitalizing mature, historically gas-prone shale formations by leveraging advanced horizontal drilling and completion technologies to target overlooked oil-r

Oil Jumps on Fears of Wider Iran War

Global crude prices have surged as financial traders aggressively increase their long positions in response to escalating military tensions in the Middle East,

Rigzone·Jul 17

India Proposes Stricter Vehicle Emission Rules To Cut Oil Consumption

India is aggressively tightening its automotive fuel efficiency standards by proposing the Corporate Average Fuel Efficiency (CAFE)-III norms, scheduled to take

OilPrice·Jul 17

BP, ConocoPhillips Partner In Iraq’s Giant Oilfield

The entry of ConocoPhillips into Iraq's northern Kirkuk fields alongside BP represents a major realignment of American supermajor capital back into the Middle E

OilPrice·Jul 17

US Oil Drilling Picks Up As Brent Gains 4%

The latest Baker Hughes data reveals a modest uptick in active US drilling rigs, driven by a recent 4% rally in Brent crude prices. This incremental rise in dri

OilPrice·Jul 17
Jul 17

Jeff Currie: Illusion of Oil Abundance Is Gone

Jul 17

Oil Markets Ignore Mounting Risks at Their Own Peril

Jul 17

Trump-Backed Trade Corridor Moves Closer to Reality in Armenia

Jul 17

BP and Conoco Partner in One of Iraq's Oldest Oilfields

Jul 17

ADES jack-up rig pair lines up drilling jobs in Nigerian and UK waters

Jul 17

ADES Holding wins $229m offshore drilling contracts in Nigeria and UK

Jul 17

Baghdad Bets on Syria and Turkey Pipelines to Secure Oil Exports

Jul 17

Geopolitical Risk Premium Returns as Crude Posts Biggest Weekly Gain in Months

Jul 17

Iran Expands Oil Chokepoint Threat as Houthis Eye Red Sea Shipping