Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
US crude oil inventories experienced a significant draw of 9.1 million barrels according to the API, exceeding analyst expectations of a 3.4 million-barrel draw. This follows a smaller draw the previo
Oil prices (Brent and WTI) decreased due to market volatility influenced by renewed US threats against Iran. This geopolitical tension introduces uncertainty in
U.S. LNG exporters are requesting the European Union to delay the enforcement of its methane emissions regulations until at least 2028. The exporters argue that
Equinor and Eneco have signed a new long-term gas supply deal, highlighting the increasing reliance of Europe on Norwegian gas as it moves away from Russian sup
SK Innovation, PV Power, and NASU have commenced construction on a $2.3 billion LNG project in Vietnam. This project aims to bolster Vietnam's energy security a