News

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

OilPrice·May 24·1 min read

European Gas Storage Can’t Survive 3 More Months of Hormuz

Executives at Norway's Equinor have issued a stark warning regarding Europe's vulnerability to extended liquefied natural gas supply chain disruptions originating in the Persian Gulf. Sustained transi

Coal Is Fueling China’s Next Energy Power Play

Escalating geopolitical instability and energy supply disruptions in the Middle East have driven China to aggressively expand its reliance on domestic coal. As

OilPrice·May 24

Australia’s LNG Industry Warns Policy Uncertainty Is Hurting Investment

Australian upstream energy operators are pressing federal and state authorities for accelerated environmental approvals and firm fiscal stability to safeguard f

OilPrice·May 24

Heat Pump Sales Surge Across Europe Amid Energy Shortages

European consumers are accelerating the adoption of residential heat pumps to shield themselves from persistent volatility in natural gas and electricity market

OilPrice·May 24

Norway Doubles Down on Oil and Gas as Europe Scrambles for Supply

In response to escalating geopolitical disruptions in the Middle East and severe transit bottlenecks, Norway has accelerated offshore hydrocarbon extraction to

OilPrice·May 23
May 23

NYSE Owner, OKX to Launch Perpetual Futures Tied to Oil

May 23

Kronos gas development: A viable project for companies — but will Cyprus benefit?

May 23

Cronos gets DPP approval on eve of elections

May 22

Colombia's Natural Gas Crisis Deepens as Strait of Hormuz Closure Cuts Supply

May 22

Ukraine Says It Targeted Yaroslavl Oil Refinery Again

May 22

Asia’s Next Energy Hub May Rise in Malaysia

May 22

Oil Swings on Iran Peace Hopes

May 22

3D-Printed Copper Plates Could Cut Data Center Cooling Energy Use by 97%

May 22

Oil Prices Rise as Iran Tempers U.S. Deal Hopes

May 22

AI Could Unlock $500 Billion for Oil and Gas Producers by 2030