News

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

OilPrice·May 29·1 min read

Mitsui Eyes Global LNG Deals to Power the AI Data Center Boom

Japanese trading giant Mitsui & Co. is actively pursuing new global liquefied natural gas investments and long-term supply agreements specifically designed to meet the soaring power demands of artific

U.S. Crude Exports Surge To All-Time Highs Amid SPR Releases

Global crude benchmarks have experienced downward pressure as market participants recalibrate geopolitical risk premiums following signs of potential de-escalat

OilPrice·May 29

Summer Heatwaves May Deepen the Global LNG Crunch

Escalating summer temperatures paired with the prevailing El Niño weather phenomenon are projected to drive up power sector demand for liquefied natural gas acr

OilPrice·May 28

Crude Mixed on Iran Truce Talks

Global benchmark crude oil prices moved sideways as traders evaluated conflicting supply and demand signals in the physical and financial energy markets. Bullis

Rigzone·May 28

Chevron Files to Take 70% Stake in Greek Offshore Block

U.S. supermajor Chevron has formally submitted an application to acquire a 70% operating interest in an offshore exploration block situated southwest of Greece.

OilPrice.com·May 28·Chevron Corporation
May 28

SEFE to Book Its First LNG Supply from Canada

May 28

Monumental Energy Raises $2.2MM in Share Offering

May 28

Pembina Approves New NGL Extraction Plant Project

May 28

Malaysia Boosts Domestic Gas Use as Power Demand Hits Record Highs

May 28

Technip Energies rakes in over €1 billion for job on $13B US LNG project

May 28

Hydrocarbons: New step for exploration in Greece – Chevron enters Block 10

May 28

Venterra’s Oceanscan opens new facility after ‘standout year of growth’

May 28

NOG Enters Canada with Duvernay Acquisition from Parallax

May 28

TotalEnergies Plans $5.2 Billion Offshore Wind Project in Normandy

May 28

IEA Sees Oil Investments Dropping for 3rd Year