News

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

OilPrice·Aug 14·1 min read

South Africa’s Top Court Blocks Shell Wild Coast Exploration

South Africa's apex court has halted Shell's contentious offshore seismic survey program along the environmentally sensitive Wild Coast, setting aside an earlier appellate decision. The landmark legal

Hormuz Attacks Push Oil Toward $100 Despite US Crude Build

Escalating security incidents in the Strait of Hormuz combined with a breakdown in diplomatic negotiations between Washington and Tehran have injected a heavy g

OilPrice·Aug 14

U.S. West Coast Refiners Tap Malaysian Supply

West Coast refineries in the United States are increasingly sourcing Malaysian heavy feedstocks to compensate for acute global supply deficits caused by major m

OilPrice·Aug 14

Kazakhstan Accuses Big Oil of $10.7 Billion Corruption in Kashagan Oil Project

Kazakhstan has intensified its multi-billion-dollar legal offensive against international oil majors developing the Kashagan offshore field, claiming over $10.7

OilPrice·Aug 14

Shell loses five-year legal fight as South Africa’s court sets aside Wild Coast exploration permit

South Africa's apex Constitutional Court has definitively revoked Shell's offshore exploration rights along the ecologically sensitive Wild Coast, concluding a

Offshore Energy·Aug 14·Shell plc
Aug 14

Indian Refiners in Panic Buying Mode

Aug 14

Parts of Russia Running Out of Fuel amid Refinery Attacks

Aug 14

Bernhard Completes Acquisition of New Mexico Gas from Emera

Aug 14

Hormuz Crisis Pushes Asian Refiners Toward U.S. Oil

Aug 14

ConocoPhillips Starts Production at New Alaska Oil Project

Aug 14

73 years in the making: Petrobras’ oil field exceeds 4 billion barrels as Brazil’s pre-salt turns 20

Aug 14

Oil Traders Reprice Hormuz Risk as Demand Outlook Deteriorates

Aug 14

Argentina LNG Seeks Government Incentives

Aug 14

TGS and GTI to team up on offshore seismic projects

Aug 14

BP, XRG, and UCC on 4 tcf Venezuelan gas quest as offshore development gathers pace