News

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

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Cyprus Mail·May 13·1 min read

Coral Cyprus takes part in 2026 Boat & Sea Expo as Silver Sponsor

Coral Cyprus, operating as a Shell licensee, actively engaged with the local maritime sector by sponsoring the 2026 Boat & Sea Expo in Ayia Napa. This participation focused on showcasing advanced fuel

Shell Moves to Exit French Fuel Retail Market in Strategic Pivot

Shell is planning to sell its network of approximately 60 service stations in France, signaling a strategic shift in its retail operations. This move suggests a

OilPrice·May 12·Shell plc

New Wave Offshore Energy gets mission-critical oversight job on Shell’s Brazilian oil & gas project

New Wave Offshore Energy, a marine consultancy firm, has secured a Marine Warranty Services (MWS) contract for Shell Brasil's deepwater oil and gas project off

Offshore Energy·May 11·Shell plc

Shell reports 23% increase in Q1 2026 adjusted earnings

Shell's Q1 2026 adjusted earnings increased by 23.2% to $6.9 billion, up from $5.6 billion in Q1 2025. This significant increase suggests strong performance in

Offshore Technology·May 8·Shell plc

Shell Beats Profit Estimates as War Brings Trading Windfall

Shell's Q1 2026 earnings surpassed expectations, reaching $6.9 billion due to increased oil prices and strong trading performance, reportedly driven by the war

OilPrice·May 7·Shell plc
May 7

Shell Profit Soars as Volatility Boosts Trading

May 6

Shell, INEOS Plan More Joint Tiebacks in US Gulf

May 5

INEOS, Shell to develop Gulf of Mexico oil and gas prospects

May 5

Petrobras, Shell, TotalEnergies, and Petrogal formalize production split for Brazilian oil field duo

May 5

Shell and Kosmos put US Gulf hydrocarbon prospect on their 2027 drilling agenda

May 3

Big Oil Begins Return to Canada amid Energy Crunch

Apr 30

Wall Street Giants Circle Shell’s $15 Billion LNG Canada Stake

Apr 28

Shell to Buy ARC in $16B Deal

Apr 28

Petrobras widens its oil & gas footprint in Brazil’s Campos Basin

Apr 28

Shell to acquire Montney producer ARC Resources in $16.4bn deal