Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
Big Oil companies are reporting significant profits due to high oil and gas prices, but they are resisting pressure to increase production. This reluctance to boost output, despite high earnings, sign
ADNOC is accelerating its investment plans to $55 billion following the UAE's exit from OPEC on May 1st. This move signals a shift in the UAE's oil strategy, pr
The article posits that despite a hypothetical 2026 US-Israeli war against Iran and significant damage to Iranian infrastructure, Iran's oil revenue increased e
Oil prices surged due to heightened tensions in the Persian Gulf, stemming from tanker attacks and subsequent military responses. This escalation introduces sig
The US is increasing its investment in energy projects in the Western Balkans, creating a new area of competition with Russia and China. This move is strategica