News

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

OilPrice·May 30·1 min read

America’s LNG Boom Is Real — But China Is Planning Beyond It

The article posits that disruptions in the Strait of Hormuz, allegedly due to US-Israeli strikes, have removed a significant portion of global LNG supply, potentially creating an opportunity for the U

Russia Signs Military Cooperation Deal With Afghanistan’s Taliban Government

Russia and the Taliban government in Afghanistan have signed a military cooperation agreement. This signals a deepening relationship between the two entities, p

OilPrice·May 30

Kretinsky Sees Potential to Boost TotalEnergies Stake

Daniel Kretinsky, whose EP Equity Investment owns a stake in TotalEnergies, indicated a willingness to increase their holding in the company. This suggests conf

Rigzone·May 30·TotalEnergies SE

How a Regional Gulf Coast Port Became America's Crude Oil Export Capital

The article discusses the transformation of Corpus Christi, Texas, into a major crude oil export hub. It highlights the city's unexpected rise to prominence in

OilPrice·May 29

Oil Settles at Six-Week Low

Oil prices settled at a six-week low due to increased optimism that the Strait of Hormuz might reopen. This optimism stems from ongoing truce negotiations, sugg

Rigzone·May 29
May 29

Colombia’s Oil Industry Faces a Defining Election in 2026

May 29

Kansas Fed Pres Warns Oil Price Shock Might Not Be Transitory

May 29

US Drillers Add More Rigs In Response to Higher Prices

May 29

Oil Prices Suffer Biggest Weekly Collapse in Two Months

May 29

Philippines Receives First Iranian Crude Cargo Since Hormuz Blockade

May 29

India's Central Bank Warns Oil Shock Threatens Growth

May 29

SLB and Vår Energi embark on digital quest to speed up oil & gas decision-making

May 29

Supermajor Warns Oil Prices Could Hit $160 Within Weeks

May 29

Reform UK Deputy Tells Industry North Sea Drilling Is Priority