News

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

Offshore Technology·Sep 10·1 min read

Enbridge to buy Tallgrass crude oil transport business for $2.5bn

Canadian midstream giant Enbridge has reached a definitive agreement to acquire the crude oil logistics portfolio of Tallgrass Energy for $2.55 billion in cash. This transaction deepens Enbridge's foo

Australia Softens Gas Reservation Rule for LNG Exporters

The Australian federal government has revised its proposed domestic gas reservation policy, shifting from a mandatory 20% quota to a more flexible 'up to 20%' t

OilPrice·Sep 10

Naming ceremony held for new LNG carrier built by Samsung Heavy Industries

South Korean shipbuilder Samsung Heavy Industries has completed the naming ceremony for a newly constructed liquefied natural gas carrier, marking another step

Offshore Energy·Sep 10

Oil Holds Above $100 as U.S.-Iran Tanker War Escalates

Global benchmark crude has sustained levels north of the century mark following an acute flare-up in military hostilities between Washington and Tehran througho

OilPrice·Sep 10

WTI Breaks $100—and This Rally Has Legs

West Texas Intermediate (WTI) has breached the critical psychological threshold of $100 per barrel, driven by renewed maritime transit disruptions through the S

OilPrice·Sep 10
Sep 9

U.S. Crude Stocks Edge Lower as Oil Tops $100

Sep 9

U.S. Administration Eyes Venezuela’s Critical Minerals

Sep 9

Belarus Refineries Post Decade-High Profits Amid Russia's Fuel Crisis

Sep 9

USA Oil, Gas Workforce Figures Buck Trend

Sep 9

Sapphire Expands Southwest Presence into LNG Production

Sep 9

Morgan Stanley: Oil Traders Are ‘More Precise’ With Risk as Wars Drag On

Sep 9

Diesel Crunch Set to Worsen as Refining Capacity Falls Short, Industry Warns

Sep 9

India’s Refineries Run at Up to 108% as Diesel Demand Surges

Sep 9

Vallourec and Aramco expand partnership dating back to 1962

Sep 9

Santos commences drilling of first appraisal well in Beetaloo Basin