News

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

OilPrice·Jun 3·1 min read

Australian LNG Strike Begins to Disrupt Cargo Loadings at Ichthys

Industrial action at the Ichthys LNG project offshore Australia has begun to disrupt cargo loadings, resulting in the delay of at least one tanker. The strike is currently limited to two-hour windows

Dolphin Drilling wins multi-year contract for Borgland Rig

Dolphin Drilling has secured a new multi-year contract for its semi-submersible rig, the Borgland Dolphin, with an undisclosed operator in the UK North Sea. Thi

Offshore Technology·Jun 3

Tensions Broil Again as Iran Hits US Mideast Allies

U.S. forces intercepted Iranian ballistic missiles and drones targeted at Middle Eastern allies and launched a retaliatory strike on a command center inside Ira

Rigzone·Jun 3

Goldman Sachs CEO Warns Oil Shock Could Alter Consumer Behavior

Goldman Sachs CEO David Solomon warned that tightening crude oil supply in the second half of the year will drive inflation higher and alter consumer behavior.

OilPrice·Jun 3

Oil Prices Climb as U.S. Strikes Tanker and Downs Iranian Drones

Oil prices rose in early Asian trade following a significant military escalation in the Middle East, which included Iran firing missiles at Kuwait and Bahrain.

OilPrice·Jun 3
Jun 3

How Long Can Demand Destruction Keep a Lid on Oil Prices?

Jun 2

China Draws Down Billion-Barrel Stockpile as Iran War Cuts Imports in Half

Jun 2

Princeton Endowment Backs Out of Oil, Gas Divestment Pledge

Jun 2

US Crude Oil Inventories Continue Downward Plunge But Gasoline Surprises

Jun 2

Crude Gains as Peace Deal Doubts Grow

Jun 2

What Hormuz Is Teaching Traders About Utilities

Jun 2

Eldorado to Acquire Vantage Drilling

Jun 2

UK oil & gas operator hires Dolphin Drilling’s rig on multimillion-dollar gig

Jun 2

Falcon Now under Tamboran

Jun 2

Analysts Tell OPEC+ Hormuz Disruption Will Last Through Year End