News

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

OilPrice·Jun 1·1 min read

Rystad: U.S.-Iran Re-Escalation Could Drive Oil To $180 By August

Rystad Energy's Head of Geopolitical Analysis, Jorge León, projected that an acute re-escalation of the U.S.-Iran conflict combined with a prolonged blockage of the Strait of Hormuz could drive global

Netherlands Backs $1.2B Subsidy to Refill Gas Stocks

The Dutch government has approved a subsidy of up to $1.2 billion for state-owned EBN Capital BV to refill the country's depleted natural gas reserves. This mov

Rigzone·Jun 1

Equatorial Guinea Clears Europa Oil's Block Farm-Out to Chinese Firm

Equatorial Guinea has officially approved the entry of a Chinese partner into Europa Oil & Gas's offshore license, facilitating a farm-out agreement. This regul

Rigzone·Jun 1

Eni, Seri Industrial Agree Integrated Battery Partnership in Italy

Italian energy major Eni has partnered with Seri Industrial to develop an integrated lithium iron phosphate (LFP) battery value chain in Italy. This collaborati

Rigzone·Jun 1·ENI S.p.A.

Tamboran completes $173m Falcon acquisition after court approval

Tamboran Resources has finalized its $172.9 million acquisition of Falcon Oil & Gas after receiving final approval from a Canadian court. This transaction conso

Offshore Technology·Jun 1
Jun 1

Strike over pay dispute on North Sea oil workers’ voting agenda

Jun 1

BP Sells 5% Stake in Australia's Newest $35 Billion LNG Project

Jun 1

USA Oil Output Expected to Average 14MM Bpd in 2027

Jun 1

India’s LNG Industry Pushes for Government Backing as Diesel Costs Surge

Jun 1

CB&I scores multimillion-dollar assignment for $13 billion US LNG project

Jun 1

Fugro to carry out marine mammal monitoring for Irish offshore wind grid connection

Jun 1

Oil Prices Up 3% As Trump Demands Changes To Iran Deal

Jun 1

Oil prices surge amid renewed US, Iran and Israel military action

Jun 1

Frontera cinches LNG contract with Ecopetrol to underwrite FSRU lease

Jun 1

SBM Offshore and Petrobras seal FPSO pair deal for $12-billion oil & gas duo