Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
Velesto Energy, a Malaysian owner of jack-up rigs, has secured a contract for a multi-well drilling campaign offshore Malaysia. This indicates continued drilling activity in the region and demand for
Crude oil prices experienced a significant rally this week due to escalating tensions between the U.S. and Iran, raising concerns about potential supply disrupt
The article discusses the potential collapse of Netanyahu's coalition government in Israel, coinciding with the Trump-Xi summit where the U.S.-Iran conflict and
Azerbaijan has initiated an offshore wind measurement campaign in the Caspian Sea using a floating LiDAR buoy deployed by EOLOS Floating LiDAR Solutions. This m
The U.S. Energy Information Administration (EIA) has released its May short-term energy outlook, which includes updated oil price forecasts. These forecasts are