News

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

Rigzone·Feb 4·1 min read

Strategists Forecast Week on Week USA Crude Inventory Rise

Macquarie strategists have issued a forecast predicting an increase in U.S. crude oil inventories for the upcoming week. This projection signals a potential loosening of the American oil market balanc

Platts excludes Russia-origin LNG, ships in East Med LNG assessments

S&P Global Energy's Platts has announced it will no longer include Russian-origin liquefied natural gas or Russian-flagged vessels in its East Mediterranean LNG

Hellenic Shipping News·Feb 4

Germany acquiring stake in TenneT for €3.3 billion

The German government, through its state-owned development bank KfW, has agreed to acquire a significant stake in the Dutch-German electricity transmission syst

Offshore Energy·Feb 4

QatarEnergy, Petronas Ink 20-Year LNG Supply Agreement

QatarEnergy has secured a significant long-term commitment for its expanding liquefied natural gas output, signing a 20-year sales agreement with Malaysia's Pet

Offshore Engineer·Feb 4·qatar-petroleum

Eni, Q8 to build new biorefinery in Priolo, Italy

Italian energy major Eni, in collaboration with Kuwait Petroleum Corporation's Q8 Italy, has unveiled plans for a new biorefinery in Priolo, Sicily. This strate

Offshore Technology·Feb 4·ENI S.p.A.
Feb 4

TotalEnergies bolsters its oil & gas bond with Kuwait’s oil player

Feb 4

Frederick Research Center, RTD Talos present unique energy storage system

Feb 4

SLB wins $1.5bn contract for next stage of Mutriba field development

Feb 4

Multi-year LNG pacts strengthen Qatar’s bilateral ties with Malaysia and Japan

Feb 4

Trump Administration Greenlights Deepwater Texas Oil Terminal

Feb 4

QatarEnergy pens 20-year LNG SPA with Malaysia’s Petronas

Feb 4

Why Western Oil Majors Are Willing to Take the Libya Risk Again

Feb 3

$60 Oil Forces Europe’s Energy Giants to Rethink Buybacks

Feb 3

Oil Ends Day Higher After Drone Incident