Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
Conrad Asia Energy, through its subsidiary West Natuna Exploration Ltd (WNEL), has secured a jack-up drilling rig from PT Pertamina Drilling Services Indonesia (PDSI) for the crucial Mako gas field de
The decision by seven OPEC+ members to proceed with a planned production increase in July represents a calculated test of market demand amid ongoing global econ
The escalation of maritime tensions in the Red Sea has pushed Brent crude prices to $94 per barrel following a formal shipping ban declared by Yemen's Houthi re
Occidental Petroleum's entry into Trinidad and Tobago's ultra-deepwater frontier alongside operator ExxonMobil marks a strategic diversification into high-risk,
Escalating geopolitical tensions in the Strait of Hormuz have triggered a significant downstream reaction in Asia, forcing Chinese refiners to shelve half a mil