News

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

OilPrice·Sep 11·1 min read

Energy Aspects: Oil Market Has Reached an "Inflection Point"

Independent research consultancy Energy Aspects has declared that the global crude market has entered a structural inflection point, setting the stage for an upward price trend. Rapidly accelerating d

Houthis Advance on Bab al-Mandeb as Saudi Oil Route Comes Under Threat

Yemen's Houthi militia has advanced toward the Bab al-Mandeb Strait after securing the strategic Red Sea port of Mocha, directly menacing a vital maritime arter

OilPrice·Sep 11

Vostok Oil: One Tanker, Four Trillion Rubles

Rosneft's flagship Arctic megaproject, Vostok Oil, is experiencing acute execution challenges, having loaded only one tanker despite an estimated capital expend

OilPrice·Sep 11

USA Diesel Hits $6 Per Gallon for First Time Ever

United States retail diesel prices have breached the historic threshold of $6.00 per gallon, marking an unprecedented milestone driven by acute middle distillat

Rigzone·Sep 11

China's Crude Imports Set to Hold at 7.2 Million Bpd in September

Preliminary vessel-tracking metrics show that Chinese seaborne crude imports are projected to remain steady at approximately 7.2 million barrels per day in Sept

OilPrice·Sep 11
Sep 11

Europe needs to stress-test the infrastructure behind its emergency oil supply

Sep 11

SED Energy Holdings and Ventura Offshore to unite into one

Sep 11

New Boskalis rock installation vessel starts work offshore Poland

Sep 11

What if the Assumptions Embedded in the Oil Curve Are Wrong?

Sep 11

Saipem Signs New Preliminary Contract for Rovuma LNG

Sep 11

Oil prices poised to end week above $100 for first time since May

Sep 11

21 companies apply for Norway’s new oil & gas exploration areas

Sep 11

Spanish shipyard launches its largest-ever vessel, built for Østensjø Rederi

Sep 11

Oil Prices Could Top $120 as Middle East Conflict Escalates

Sep 11

Saipem-Jan De Nul consortium joins Mozambique’s LNG project