News

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

Offshore Energy·Jul 16·1 min read

JDR delivers electrical umbilical for Ireland’s only producing natural gas field

JDR Cable Systems has successfully supplied a critical subsea electrical umbilical to sustain operations at the Corrib gas field, Ireland's sole domestic source of natural gas. This subsea infrastruct

Underground drilling marks start of offshore section works for second Malta-Italy link

French cable specialist Nexans has initiated horizontal directional drilling (HDD) in Malta, marking the official start of the offshore installation phase for t

Offshore Energy·Jul 16

As Ukraine Cripples Russian Refining, Global Diesel Markets Pay the Price

Ukraine's targeted drone campaign against Russian downstream infrastructure has successfully knocked out a significant portion of the country's refining capacit

OilPrice·Jul 15

Five Oil and Gas Stocks Ready for a Hormuz Spike and a Hawkish Fed

The escalation of geopolitical tensions in the Middle East, marked by Iran's threats to close the strategic Strait of Hormuz and subsequent military responses f

OilPrice·Jul 15

U.S. Strikes Iran Again as Brent Slips Despite Escalating Conflict

The latest round of military strikes by the United States against Iranian targets along its southern coastline has failed to trigger a risk premium in global cr

OilPrice·Jul 15
Jul 15

Oil Settles Higher

Jul 15

USA EIA Raises Henry Hub Price Forecast for 2026, 2027

Jul 15

Shell moves ahead with tender for Dragon offshore gas project

Jul 15

Asian Oil Refiners Scoop Up USA Crude

Jul 15

USA Oil, Gas Workforce Drops from May to June

Jul 15

Half a billion investment paving way for LNG project’s FID in Lone Star State

Jul 15

Eni, Halliburton cheer Asia-Pacific’s first integrated closed-loop rig automation milestone

Jul 15

‘UK’s largest-ever’ electricity transmission project in major construction phase

Jul 15

Shell expands Caribbean LNG footprint with go-ahead for Bahamas regasification terminal

Jul 15

Sunda Energy applies for offshore Taranaki Basin exploration permit