News

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

OilPrice·Jun 20·1 min read

Energy Security, Not Climate Goals, Is Now Driving the Clean Power Boom

The recent disruption in the Strait of Hormuz has fundamentally shifted the global energy transition narrative from environmental altruism to hard-nosed national security. As geopolitical volatility e

Iraq Is Keeping Its Syria Oil Route—Even If Hormuz Reopens

Iraq is strategically diversifying its export logistics by establishing a permanent crude oil and naphtha transit route through Syria's Mediterranean port of Ba

OilPrice·Jun 20

Oil Rises as Iran Talks Are Delayed

Crude oil prices experienced upward pressure following the postponement of critical diplomatic talks between the United States and Iran, which has dampened hope

Rigzone·Jun 19

Why Lunar Helium-3 Mining Still Can't Compete With Earth

While Helium-3 is highly coveted as a potential fuel for future clean nuclear fusion reactors, the economic reality favors terrestrial extraction over speculati

OilPrice·Jun 19

The Real Reason BP Is Retreating From the North Sea

BP's potential divestment of its UK North Sea upstream portfolio, valued at approximately $2.7 billion, signals a major strategic pivot away from mature, highly

OilPrice·Jun 19
Jun 19

Israel and Hezbollah Truce Gives Oil Markets a Reason to Pause

Jun 19

Russia Is Rationing Fuel in Moscow After Drone Strikes

Jun 19

Kuwait Says Oil Output Could Hit 2 Million Bpd Within a Week

Jun 19

Why Oil Prices Are Falling Even as Tankers Remain Trapped

Jun 19

Equinor to Boost Troll Gas Output with $412 Million Subsea Development

Jun 19

Vitol Supplies Emergency Fuel to Zambia in IMF-Opposed Deal

Jun 19

Oil Markets Need More Than a Peace Deal to Recover

Jun 19

Venture Global Bags New LNG Supply Contract from EnBW

Jun 19

Energy Transfer to Expand Texas NGL Export Terminal

Jun 19

Var Energi to Proceed with Balder Next Project