News

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

OilPrice·Jun 16·1 min read

ConocoPhillips Set to Become First U.S. Major to Sign Post-War Syria Gas Deal

ConocoPhillips is reportedly poised to break a long-standing impasse in Syria's energy sector by partnering with Novaterra Energy to develop domestic gas fields. This potential transaction marks a hig

12-meter USV class secures MCA’s certification

The UK Maritime and Coastguard Agency (MCA) has officially certified ZeroUSV's 12-meter Oceanus class Uncrewed Surface Vessel (USV), marking a pivotal regulator

Offshore Energy·Jun 16

China’s Refinery Runs Hit Four-Year Low as Crude Imports Collapse

China's refining sector is experiencing a severe contraction, with run rates plunging to a four-year low of 66.3% in May amid a dramatic collapse in crude impor

OilPrice·Jun 16

New Estimates Challenge Assumptions About Lost Gulf Oil Supply

The recent military escalations between the United States, Israel, and Iran have triggered a temporary closure of the strategic Strait of Hormuz, prompting a re

OilPrice·Jun 15

U.S. Average Gasoline Prices Slide Below $4 Per Gallon

The decline of US retail gasoline prices below the psychologically and politically sensitive $4 per gallon threshold reflects a broader cooling in global crude

OilPrice·Jun 15
Jun 15

Crude Extends Slide on Iran Accord

Jun 15

Venezuela’s Oil Exports Hit Seven-Year High as Global Buyers Return

Jun 15

JP Morgan: Falling Oil Prices A Massive Tailwind For Global Stock Markets

Jun 15

From Hormuz to Houston: The U.S. Takeover of Global Energy Flows Ramps Up

Jun 15

Danish Energy Trader Eyes U.S. Gas Markets After Trading Profits Collapse

Jun 15

Pemex CEO Set to Visit Brazil amid Talks of Joint Gulf Campaign

Jun 15

Venture Global Gets Enlarged Contract to Supply LNG to Greece

Jun 15

Petronas Farms Down Several Malaysian Assets

Jun 15

Woodside quashes ExxonMobil merger rumors

Jun 15

Britain Intercepts Russian Oil Tanker Linked to Shadow Fleet