Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
The article discusses how rising gasoline prices in the US are causing consumers to change their driving habits, including increased use of public transportation and reduced driving overall. This shif
Oil prices decreased following signals from Trump indicating potential progress in negotiations towards an Iran nuclear deal. This development raises the prospe
Vitol has surpassed Shell to become one of the top physical gas traders in the U.S., based on regulatory filings. This shift indicates a change in the competiti
Norwegian offshore oil production surpassed expectations in April, reaching 2.158 million barrels per day, which is 6.7% higher than forecasted. This increase i
Saudi Arabia's crude oil exports reached a record low of 4.974 million bpd in March, according to JODI data. This significant drop reflects Saudi Arabia's commi