News

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

OilPrice·Sep 7·1 min read

Rosneft Ships First Crude From $157 Billion Vostok Oil Project

Russian state-backed energy titan Rosneft has officially commenced crude liftings from its flagship Vostok Oil mega-development in northern Krasnoyarsk Krai. Commencing exports despite sweeping Wester

Russia Vows to Keep Selling Oil to India Despite U.S. Tariff Threat

Moscow has reaffirmed its commitment to maintaining uninterrupted crude shipments to New Delhi, actively pushing back against potential secondary sanctions and

OilPrice·Sep 7

Ventura Offshore adds deepwater firepower to managed fleet and wins Petronas rig deal

Brazilian offshore contractor Ventura Offshore has bolstered its high-spec operational capacity by taking over the management of an Eldorado Drilling seventh-ge

Offshore Energy·Sep 7

TotalEnergies to transfer Papua LNG operatorship to ExxonMobil

TotalEnergies has negotiated an agreement to transition operatorship of the flagship Papua LNG project over to an ExxonMobil affiliate as the consortium works t

Offshore Technology·Sep 7·ExxonMobilTotalEnergies SE

High Crude and LNG Prices Weigh on India’s Oil and Gas Sector

India's downstream energy sector is facing severe margin compression as escalating Middle East hostilities drive up benchmark crude and liquefied natural gas (L

OilPrice·Sep 7
Sep 7

Saudi Aramco's Jizan Refinery Hit Again as Houthi Attacks Escalate

Sep 7

NKT inaugurates expanded power cable factory in Denmark

Sep 7

OneSubsea to support Azule Energy’s production shift from aging to new FPSO

Sep 7

Scottish firm strengthens VLGC foothold with four-vessel Korean shipbuilding deal

Sep 7

USA-VEN Oil Deal Not a Near Term SPR Filler

Sep 7

India’s Crude Oil Benchmark Tops $100 as Middle East War Escalates

Sep 7

ExxonMobil to Acquire Papua LNG Operatorship from TotalEnergies

Sep 7

Santos expands Oceania LNG exposure as ExxonMobil takes the reins

Sep 7

Qatar Moves Six LNG Tankers Toward Gulf as Export Restart Looms

Sep 7

Petronas on AI-powered quest to streamline Malaysia’s upstream investment playbook