Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
OKEA, a Norwegian oil and gas producer, has reported a net income of $36 million for Q1, marking a significant recovery from previous losses. This improvement is attributed to increased sales volumes
The article reports on former U.S. President Donald Trump's reaction to the United Arab Emirates' (UAE) decision to withdraw from OPEC. This is significant beca
Venture Energy Limited, a Hong Kong-based clean fuels procurement and trading company, is expanding a recently formed green methanol collaboration. This expansi
WTI crude oil futures experienced a significant surge this week, driven by escalating tensions involving Iran. The June contract reached $105.88 on Thursday, ma
Iran has warned that oil prices could surge to $140 per barrel if the U.S. maintains its blockade near the Strait of Hormuz. Iran also stated it will not reopen