Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
Brent Crude futures experienced volatility, dipping below $100 per barrel after initial gains, driven by market optimism regarding a potential U.S.-Iran agreement. This agreement raises the prospect o
Equinor has received authorization to begin exploration drilling in the North Sea using a COSL Drilling Europe semi-submersible rig. This approval signals conti
The U.S. TEAMER program has allocated $4.8 million in technical support to 34 marine energy projects. This record investment aims to accelerate the development
Asia is experiencing plastics shortages due to oil and gas supply disruptions stemming from Middle East conflicts. This is impacting the production of essential
Eni has confirmed a significant gas and condensate discovery at the Geliga-1 well in the Kutei Basin offshore Indonesia. A drill stem test validated the initial