News

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

Offshore Energy·Jun 24·1 min read

Public feedback to help minimize impacts of new 2 GW Scotland-Wales interconnector

The UK National Grid has initiated a crucial public consultation phase in North Wales for the Western Link 2 project, a proposed 2 GW subsea electricity superhighway. This high-voltage direct current

Trump Orders Gas Price Gouging Probe

US President Donald Trump has initiated a federal investigation into potential retail fuel price gouging, accusing major oil companies of failing to lower gasol

OilPrice·Jun 24

Why the Next Billion Barrels of Oil Demand Could Come From Storage

The growing vulnerability of global maritime chokepoints, particularly highlighted by potential disruptions in the Strait of Hormuz, is driving a massive wave o

OilPrice·Jun 23

Trump Admin Takes Aim at Oil, Gas Drilling Costs

The incoming Trump administration is moving swiftly to lower regulatory barriers for upstream operators by targeting the Bureau of Land Management's restrictive

OilPrice·Jun 23

US Crude Oil Inventories Continue To Falter, SPR Struggling To Pick Up the Slack

The latest American Petroleum Institute data reveals a consecutive weekly draw in US commercial crude stockpiles, signaling a tightening domestic market as summ

OilPrice·Jun 23
Jun 23

Pemex Wants Petrobras' Deepwater Magic

Jun 23

Crude Extends Losses

Jun 23

Tanker Owners Are Having the Best Week of the Hormuz Crisis

Jun 23

Saudi Arabia’s Decided Who Its Future Superpower Partner Is, And It’s Not the US

Jun 23

Europe’s Top Gas Distributor to Invest $14.8 Billion in AI-Backed Networks

Jun 23

Qatar Says Ras Laffan Blast Will Not Affect LNG Exports

Jun 23

Pikka Oil Project in Alaska Reaches Continuous Production

Jun 23

Venezuela post-Maduro: will oil majors invest again?

Jun 23

BP, Eni Greenlight Cross-Block Project offshore Angola