News

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

OilPrice·Jun 3·1 min read

Japan Commits $19.4 Billion to Fighting Its Energy Crisis

Tokyo has authorized an emergency $19.4 billion financial relief package to shield consumers and domestic industries from escalating global oil and gas prices. The intervention underscores the severe

Subsea7 scoops up new multimillion-dollar US Gulf tie-back

Offshore engineering contractor Subsea7 has secured a sizeable subsea tie-back contract from Murphy Oil Corporation's subsidiary for operations in the deepwater

Offshore Energy·Jun 3

Australian LNG Strike Begins to Disrupt Cargo Loadings at Ichthys

Targeted labor strikes at INPEX's Ichthys LNG facility in offshore Western Australia have begun creating operational bottlenecks, marked by the delay of at leas

OilPrice·Jun 3

Dolphin Drilling wins multi-year contract for Borgland Rig

Offshore contractor Dolphin Drilling has secured a substantial multi-year campaign for its moored semi-submersible rig, Borgland Dolphin, operating in the UK Co

Offshore Technology·Jun 3

Tensions Broil Again as Iran Hits US Mideast Allies

Recent military exchanges between Iran and United States forces have severely strained regional security frameworks across the Middle East. The interception of

Rigzone·Jun 3
Jun 3

Goldman Sachs CEO Warns Oil Shock Could Alter Consumer Behavior

Jun 3

Oil Prices Climb as U.S. Strikes Tanker and Downs Iranian Drones

Jun 3

How Long Can Demand Destruction Keep a Lid on Oil Prices?

Jun 2

China Draws Down Billion-Barrel Stockpile as Iran War Cuts Imports in Half

Jun 2

Princeton Endowment Backs Out of Oil, Gas Divestment Pledge

Jun 2

US Crude Oil Inventories Continue Downward Plunge But Gasoline Surprises

Jun 2

Crude Gains as Peace Deal Doubts Grow

Jun 2

What Hormuz Is Teaching Traders About Utilities

Jun 2

Eldorado to Acquire Vantage Drilling

Jun 2

UK oil & gas operator hires Dolphin Drilling’s rig on multimillion-dollar gig