News

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

Rigzone·Jun 4·1 min read

USA Crude Oil Stocks Drop by 8MM Barrels Week on Week

The massive 8-million-barrel draw in US commercial crude inventories represents a significant tightening of the physical market, far exceeding consensus expectations for the week ending May 29. This s

World’s largest FLNG crosses the FID finish line with $5 billion committed

Delfin Midstream's positive final investment decision on its pioneering floating LNG vessel marks a watershed moment for the North American export market, trans

Offshore Energy·Jun 4

Delfin to Proceed with US' First Floating LNG Project

Delfin Midstream's decision to move forward with its $5 billion floating liquefied natural gas (FLNG) project off the coast of Louisiana marks a pivotal shift i

Rigzone·Jun 4

Coral Cyprus announces winners of latest Shell V-Power fuels promo activity

Coral Energy, operating as the official Shell licensee in Cyprus, has concluded its high-profile promotional campaign for its premium V-Power fuel line, sending

Cyprus Mail·Jun 4·Shell plc

Cross‑border partnership sets its cap on offshore oil recovery boost

Malaysia's national oil company, Petronas, has entered into a strategic regional collaboration to assess and implement Improved Oil Recovery (IOR) and Enhanced

Offshore Energy·Jun 4
Jun 4

Velesto wins contract for NAGA 6 drilling rig in Thailand

Jun 4

Expro’s 20-year-old collaboration expanded through $25M contract extension

Jun 4

2017-built rig’s Asian multi-well drilling assignment awaits new start date

Jun 4

WoodMac Names Most Admired Explorer

Jun 4

India’s Nayara Completes Maintenance at 400,000-Bpd Refinery

Jun 4

New partnership targets subsea monitoring for floating wind and oil & gas

Jun 4

Conrad on the lookout for new CEO as Southeast Asian project edges closer to first gas

Jun 4

Oil prices edge lower after Israel-Lebanon ceasefire agreement

Jun 4

Iraq Revives Kurdistan Production in Bid to Rescue Oil Revenues