News

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

Offshore Energy·May 1·1 min read

Green light for wellhead removal ops at Australian oil field

Jadestone Energy, an AIM-listed oil and gas company, has received approval from the Australian offshore regulator for its environmental plan related to wellhead removal at an Australian oil field. Thi

Ukraine Hits Major Russian Refinery, Pumping Station

Ukrainian drones have successfully targeted a major Russian refinery and an oil pumping station. These attacks are designed to disrupt Russia's crude oil proces

Rigzone·May 1

Oil Prices Set for Another Weekly Gain as Supply Shock Deepens

Crude oil prices are poised for another weekly gain despite a slight retreat from Thursday's highs, driven by ongoing supply concerns. Brent crude is trading ar

OilPrice·May 1

JDR wins umbilicals contract for East Coast Supply Project

JDR Cable Systems has been awarded a contract by Amplitude Energy (formerly Cooper Energy) to provide subsea control umbilicals for the East Coast Supply Projec

Offshore Technology·May 1

Woodside Struggles to Secure Buyers for U.S. LNG as Pricing Backfires

Woodside Energy is reportedly facing difficulties securing buyers for its LNG from its Louisiana plant due to higher liquefaction fees compared to competitors.

OilPrice·May 1
May 1

Indian Oil Raises LPG and Jet Fuel Prices

May 1

UAE Break With OPEC Puts African Crude Exports At Risk

Apr 30

Middle East Crisis Accelerates Asia’s Electrification Drive

Apr 30

California Gasoline Price Surges Above $6

Apr 30

Oil Settles Lower After Surge

Apr 30

Repsol Holds Off on U.S. Listing for Upstream Unit Despite 2026 Plans

Apr 30

$6 Gas in California Signals New Phase of the Global Energy Crunch

Apr 30

The $12 Billion Pipeline That Could Help Ease Europe’s Gas Crisis

Apr 30

Net Crude Supply Loss is 9 Million Bpd Despite Surge in Atlantic Exports: Vortex

Apr 30

War Puts LNG Future in the Spotlight