News

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

OilPrice·Aug 13·1 min read

Jefferies: Diesel Cracks Reveal the Real Oil Market Squeeze

Global crude benchmarks fluctuated between $87 and $90 per barrel as market participants monitored Middle East shipping security and diplomatic gridlock between Washington and Tehran. Investment bank

MOL puts bow on six-vessel newbuilding program with final LNG carrier delivery

Mitsui O.S.K. Lines (MOL) has concluded its substantial six-vessel LNG carrier construction campaign dedicated to servicing state-owned China National Offshore

Offshore Energy·Aug 13

Presidio Forms AI Engineering Team

Global digital services and solutions provider Presidio has established a dedicated artificial intelligence engineering unit specifically focused on upstream an

Rigzone·Aug 13

Golar LNG signs $2.5bn agreement for fourth floating LNG vessel

Golar LNG has finalized a major engineering, procurement, and construction (EPC) contract with China's Yantai CIMC Raffles Offshore to construct its fourth floa

Offshore Technology·Aug 13

TotalEnergies handpicks Daewoo E&C for work on LNG project in Oceania

TotalEnergies has designated South Korea's Daewoo Engineering & Construction as the preferred contractor for a critical engineering and construction package on

Offshore Energy·Aug 13·TotalEnergies SE
Aug 13

Golar LNG accelerates FLNG expansion with new $2.45 billion order

Aug 13

USA Gasoline Price Breaks Records

Aug 13

Bernhard closes acquisition of natural gas utility NMGC from Emera

Aug 12

Russia Daily Oil Production Almost 1MM Barrels Below OPEC+ Quota

Aug 9

Cyprus trapped in a quagmire where the price of peace keeps rising

Aug 3

Shell to sell BG Cyprus and Aphrodite gas stake to MOL Group

Aug 3

MOL buys Shell stake in Cyprus gas field for $720m

Jul 31

Cyprus ‘will have had a say’ in BG Group sale

Jul 31

Shell Sells Cyprus Gas Stake to MOL for $720 Million

Jul 31

Shell exits Cyprus Aphrodite gas field in $720m deal