News

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

All ENI ExxonMobil TotalEnergies Shell Chevron Aphrodite Glaucus
Offshore Energy·Jun 19·1 min read

Regulatory setback puts appraisal of gas discovery at risk in Southeast Asia

Sunda Energy is facing a critical regulatory hurdle in Southeast Asia as authorities issue a warning over missed drilling deadlines for its offshore gas appraisal asset. This development highlights th

Up to $420 million investment in North Sea subsea project unleashing more European gas

Equinor and its partners have committed over $410 million to a new subsea tie-back project in the Norwegian North Sea, aiming to extract incremental gas volumes

Offshore Energy·Jun 19·Shell plcTotalEnergies SE

OPEC Sees Sustained Oil Demand as Policy Prioritizes Energy Security

OPEC's latest policy projections signal a major paradigm shift as global governments increasingly prioritize energy security and affordability over rapid decarb

Rigzone·Jun 19

India Isn’t Rushing Back to Middle Eastern Oil Despite Hormuz Reopening

Indian refiners are demonstrating unprecedented purchasing leverage by declining to rush back to Middle Eastern crude supplies following the reopening of the st

OilPrice·Jun 19

Equinor and partners agree Ringvei Vest subsea development plan

Equinor and its partners have finalized a subsea tie-back development concept for the Ringvei Vest area, strategically linking multiple North Sea discoveries to

Offshore Technology·Jun 19
Jun 19

Oil Prices Rebound as U.S.-Iran Peace Talks Are Postponed

Jun 19

80 Million Barrels of Crude Are Lined Up to Exit the Strait of Hormuz

Jun 19

Forget Critical Metals, Electricity is The Real Bottleneck for AI

Jun 18

First Oil Sands Project in 10 Years Starts Production

Jun 18

Oil Slips as Hormuz Traffic Resumes

Jun 18

Germany Considers Extending Oil Reserve Relief Despite Falling Prices

Jun 18

How the U.S.-Iran Deal Put A Higher Floor Under Oil Prices

Jun 18

Hormuz Shipping Activity Accelerates

Jun 18

ExxonMobil Backs 1st South African LNG Import Terminal with Supply Deal

Jun 18

Oil prices hit lowest level since March after US-Iran ceasefire deal