News

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

Cyprus Mail·2d ago·2 min read

Cyprus seeks heating oil tax relief

Cyprus is intensifying its diplomatic efforts within the EU to secure a temporary reduction in excise duties on heating oil, aiming to shield domestic consumers from high energy costs this winter. Fin

Cyprus-linked tanker ablaze off Sochi after Black Sea drone attack

The drone strike on the Aframax Rio off Sochi represents a significant escalation in the targeting of commercial energy infrastructure linked to the 'shadow fle

Cyprus Mail·2d ago

Leviathan's Israeli Owners Cancel $6.7B Domestic Supply Deal

The termination of the $6.7 billion domestic supply agreement by the Leviathan consortium represents a strategic pivot toward higher-value export markets. By wa

Cyprus fuel sales fall 1.4 per cent as pump prices climb

Cyprus's petroleum market experienced a notable contraction in August 2026, with total sales falling 1.4% year-on-year as rising pump prices began to dampen dom

Cyprus Mail·Sep 28

Chevron and Egypt discuss next steps to speed up Mediterranean gas project

Chevron and the Egyptian government are intensifying efforts to fast-track the development of the Aphrodite gas field by integrating it into Egypt's existing en

Offshore Energy·Sep 24·Chevron Corporation
Sep 24

Tacoy: Plans for gas pipeline from Turkey have ‘enthused international community’

Sep 24

Christodoulides calls for ‘development’ of Cyprus’ natural gas ‘as soon as possible’

Sep 23

Cyprus, Greece and Egypt to strengthen protection of East Med energy infrastructure

Sep 22

MPs examine Cyprus’s defence and energy alliances

Sep 20

History doesn’t stand still, and neither can Europe, Italian Ambassador says

Sep 17

LNG Prices Could Jump Further as Hormuz Supply Crunch Persists

Sep 17

Alberta Plans New Royalty Incentives to Spur Oil Production

Sep 17

Eni divests 10% stake in Côte d’Ivoire’s Baleine oilfield to SOCAR

Sep 17

Plains to buy Silver Creek’s Powder River crude assets for $585m

Sep 17

Can private 5G pay for itself in oil and gas?