Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
NextGeo, an Italy-headquartered geosolutions company, has increased its ownership stake in Rana Subsea to 82.5% by exercising a call option. This move signals NextGeo's commitment to expanding its sub
Australia and Japan have signed an energy cooperation agreement, strengthening their existing energy trade relationship. Australia is already Japan's top LNG su
Oil prices declined slightly in early trading due to two key factors: President Trump's announcement of "Project Freedom" to escort ships through the Strait of
Big Oil companies, after a decade of focusing on cheaper and less regulated locations, are returning to Canada's oil sands due to the current energy crunch. She
Bridger Pipeline LLC has proposed a pipeline, referred to as "Keystone Light", with a capacity exceeding 1 million bpd to transport Canadian crude to the U.S. T