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

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Offshore Energy·Apr 30·1 min read

JHI’s shareholders’ approval next on the agenda to back Eco takeover

Eco (Atlantic) Oil & Gas is progressing with its acquisition of the remaining shares of JHI Associates (JHI). This move consolidates Eco's position in the Atlantic Margin and potentially streamlines f

Goldman Sachs tops oil and gas M&A rankings by value in Q1 2026

Goldman Sachs and Evercore emerged as the leading financial advisors in oil and gas M&A during Q1 2026, according to GlobalData. This indicates their significan

Offshore Technology·Apr 30

BW Offshore enters FPSO FEED deal with Equinor for Bay du Nord

BW Offshore has secured a front-end engineering and design (FEED) agreement with Equinor for the Bay du Nord project offshore Newfoundland and Labrador, Canada.

Offshore Technology·Apr 30

Oil Prices Surge Amid Increasing Geopolitical Concerns

Oil prices have increased due to growing geopolitical instability in the Middle East. This surge is attributed to heightened risk premiums associated with poten

Rigzone·Apr 30

CNPC Pledges to Ensure China’s Oil and Gas Supply Amid Iran Crisis

China's largest oil and gas company, CNPC, has committed to ensuring sufficient domestic supply of oil, gas, and fuels in response to the Middle East crisis imp

OilPrice·Apr 30
Apr 30

Wall Street Giants Circle Shell’s $15 Billion LNG Canada Stake

Apr 30

TotalEnergies Q1 2026 net income jumps 48.7% to $5.8bn

Apr 30

The Iran War Has Already Destroyed 1.6 Million Bpd in Oil Demand

Apr 30

Japan Weighs $3 Billion Power Subsidies as LNG Crunch Bites

Apr 30

Brent Breaks $113 as Traders Brace for Months of Disruption

Apr 29

California Refineries Max Out Jet Fuel While Gasoline Starves

Apr 29

Oil Rallies Toward $120 As Middle East Supply Risks Spiral

Apr 29

Fertilizer Prices Have Doubled Since the Strait Closed

Apr 29

USA Has More Natural Gas Than It Can Use

Apr 29

Hormuz Blockage Boosts Panama Canal Oil Tanker Traffic