Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
China's coal production experienced a slight decrease in April, falling 1% to 385.63 million tons after reaching a record high in March. This marginal decline, coupled with a minimal dip in production
GeoXYZ has been contracted to perform UXO investigation and geotechnical surveys for the proposed Northern Ireland-Scotland interconnector project. This is a cr
A Reuters analysis reported by OilPrice indicates that the conflict involving the U.S., Israel, and Iran has already cost global businesses $25 billion due to d
Brent crude oil prices surged above $111 per barrel due to drone attacks on oil infrastructure in the UAE and Saudi Arabia, coupled with the absence of progress
The article suggests a global crude oil shortage is increasingly likely due to the ongoing blockage of the Strait of Hormuz. This blockage, stemming from a war,