Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
The US oil and gas rig count increased this week, with oil rigs specifically rising by 2 to 410. While this indicates some renewed drilling activity, the total rig count remains significantly lower th
The article highlights Venezuela's significant oil reserves and potential to become a leading global producer. However, it emphasizes that political instability
U.S. forces struck two empty Iranian-flagged oil tankers in the Gulf of Oman, increasing pressure on Iran's shipping activities. This action occurs amidst ongoi
Iran seized the tanker Ocean Koi in the Gulf of Oman, which was reportedly carrying Iranian oil. This incident underscores the complexities and challenges Iran
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