Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
Recent data from Baker Hughes indicates that US upstream operators are responding to strengthening crude prices by ramping up drilling activity. The nationwide rig count reached 558, driven primarily
In a major cross-border legal milestone, the Astana International Financial Centre (AIFC) Court in Kazakhstan has validated an international arbitration award c
Ukrainian long-range drones struck the Slavneft-YANOS refinery in Yaroslavl, targeting one of Russia's top refining complexes capable of processing 300,000 barr
Global crude markets are exhibiting uncharacteristic apathy, failing to price in mounting supply vulnerabilities despite record-breaking commercial inventory de
Commercial crude inventories in the United States recorded a substantial weekly contraction of nearly 8 million barrels, signaling a sharp tightening in domesti
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