News

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

Offshore Technology·Jun 12·1 min read

Woodside moves to acquire PetroChina’s 10.67% Browse JV stake

Woodside Energy has strategically blocked PetroChina's exit to an outside party by exercising its pre-emptive rights to acquire a 10.67% stake in the massive Browse LNG project. This defensive consoli

Naftogaz Wins Its First Long-Term Regasification Booking in Europe

Ukraine's state-owned Naftogaz has secured a landmark 12-year regasification capacity booking at Lithuania's Klaipeda LNG terminal, marking a major shift in Eas

Rigzone·Jun 12

Oil Prices Tumble 4% on Iran Peace Optimism

Crude oil benchmarks experienced a sharp sell-off, with Brent falling over 4% to trade around $86.36 per barrel, driven by growing market optimism regarding a p

OilPrice·Jun 12

Woodside ups Australian giant gas project share by stepping in on CNPC’s sale

Woodside Energy has strategically blocked Japan's Inpex from acquiring a stake in the massive Browse LNG project off Western Australia by exercising its pre-emp

Offshore Energy·Jun 12

US, Greece, Cyprus, and Israel Launch Eastern Mediterranean Energy Center

The formalization of the Eastern Mediterranean Energy Center by the US, Greece, Cyprus, and Israel marks a critical transition from ad-hoc regional energy coope

Greek Reporter·Jun 12
Jun 12

North Sea oil platform automation enhancement on ABB’s UK worksheet

Jun 12

Russian Oil Output at Lowest in Year amid Ukrainian Strikes

Jun 12

Trump Claims Iran Deal Close in Uturn

Jun 12

India Caps Fuel Sales to Avoid Shortages

Jun 12

Venture Global and Atlantic-SEE extend LNG deal to 20 years

Jun 12

Goldman Sachs Cuts 2027 Oil Price Estimate on Demand Uncertainty

Jun 12

Cyprus, Greece, Israel and US launch Eastern Mediterranean energy centre

Jun 12

U.S. To Build Its First Ever Floating LNG Export Terminal

Jun 11

Rotterdam's Growing Oil Storage Fraud Problem Is Costing Traders Millions

Jun 11

Iraq's Energy Sector Faces Its Most Important Test in Decades