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

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Rigzone·Jun 3·1 min read

GasBuddy Warns USA Gas Price Relief May be Short Lived

While American motorists are currently enjoying a sharp decline in retail gasoline prices, energy tracking data suggests this downward trend rests on highly volatile foundations. This temporary relief

Kuwait to Look at Expanding Global Oil Storage

Kuwait is actively evaluating strategies to expand its international crude storage footprint in response to severe market turbulence sparked by escalating geopo

Rigzone·Jun 3

Repsol Adds 200,000 Tons of Annual Capacity for Renewable Fuel Production

Spanish multi-energy group Repsol has expanded its low-carbon refining footprint by commissioning a 200,000-tonne annual capacity renewable fuel plant at its Pu

Rigzone·Jun 3

Equinor awards Ocean Installer 4.5-year Bacalhau well tie-in deal

Norwegian subsea specialist Ocean Installer has been selected by Equinor to deliver long-term subsea well tie-in services for the flagship Bacalhau pre-salt dev

Offshore Technology·Jun 3

McDermott among Aramco’s hand-picked contractors for large-scale projects

Saudi Aramco has formally selected US-based McDermott International to join its qualified pool of contractors under a high-value Project Management Consultancy

Offshore Energy·Jun 3
Jun 3

Green light for North Sea ops with Odfjell Drilling’s rig

Jun 3

Rubio Says U.S. Wants to End Russian Oil Waivers “As Soon as Possible”

Jun 3

Energy Cos Team Up for New AI Powered Safety Initiative

Jun 3

Oil jumps more than 1% on Middle East flare-up, Iran-US talks stall

Jun 3

Oil Trading Higher for Third Consecutive Session

Jun 3

Chevron seeks RIGI approval for $13.8bn Vaca Muerta oil project

Jun 3

Saipem makes inroads at African offshore gas project with ‘major milestone’ (Gallery)

Jun 3

Supply Shock to Slash India’s Oil Demand Growth to Pandemic Low

Jun 3

INEOS to Supply LNG to Asia under Marubeni Deal

Jun 3

Northern Lights strengthens its fleet with new LCO2 vessel award to K Line and MISC