Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
TotalEnergies announced a significant increase in net income for Q1 2026, reporting $5.8 billion, a 48.7% jump compared to the $3.9 billion earned in the same period last year. This substantial profit
TotalEnergies reported a significant increase in adjusted net profit for Q1, driven by increased LNG sales volumes amidst volatile oil markets. This strong perf
Cypriot domestic petroleum product consumption experienced a substantial increase in March 2026, indicating robust economic activity and consumer resilience des
TotalEnergies and partners have approved a $1.2 billion wind and battery storage project in Kazakhstan. This project will have the capacity to power one million
European supermajors (BP, Shell, TotalEnergies, and Equinor) are expected to report strong quarterly earnings, driven primarily by their trading divisions, desp