News

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

All ENI ExxonMobil TotalEnergies Shell Chevron Aphrodite Glaucus
Offshore Technology·Jun 2·1 min read

BP starts NAG production at ACG field offshore Azerbaijan

BP has commenced non-associated gas (NAG) production at the Azeri–Chirag–Gunashli (ACG) field located offshore Azerbaijan in the Caspian Sea. This development marks a significant shift for the ACG fie

$90 Oil Could Lift India’s Inflation to 4.8% and Slow GDP Growth

According to a report by 360 ONE Capital, crude oil prices averaging $90 per barrel through March next year could push India's inflation rate to 4.8% in fiscal

OilPrice·Jun 2

BP flows first non-associated gas from its giant Caspian Sea field

BP has successfully commenced non-associated gas (NAG) production from the Azeri-Chirag-Gunashli (ACG) oilfield in the Caspian Sea off the coast of Azerbaijan.

Offshore Energy·Jun 2

China’s LNG Imports Recover Ahead of Peak Cooling Season

China's liquefied natural gas (LNG) imports recovered to 4.9 million tons in May, marking a year-on-year increase ahead of the peak summer cooling season. This

OilPrice·Jun 2

Fluor JV receives LNTP for LNG Canada phase two expansion

Fluor's joint venture with JGC, JFJV2, has received a limited notice to proceed (LNTP) for the Phase 2 expansion of the LNG Canada export facility in Kitimat, B

Offshore Technology·Jun 2
Jun 2

Strike Action at Major Australian LNG Facility Raises Supply Concerns

Jun 2

JDR opens subsea cable factory in Blyth

Jun 2

Goldman Sachs Sees Strong Refining Profits Through 2026 Amid Fuel Supply Crunch

Jun 2

LNG Deliveries to China Rebound in May

Jun 2

Persian Gulf Oil Tanker Traffic May Never Fully Recover

Jun 1

Guyana Emerges as an Oil Winner in the Iran War

Jun 1

Crude Surges on Iran Tensions

Jun 1

France Boards Tanker Tied to Russian Oil Trade

Jun 1

The Next Stranded Asset Crisis Could Hit Utilities

Jun 1

BP Starts Production at Trillion-Cubic-Foot Gas Prize In Azerbaijan