News

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

OilPrice·Apr 25·1 min read

Dangote at Full Throttle as Nigeria Becomes a Net Fuel Exporter

Nigeria is transitioning to a net fuel exporter due to the Dangote refinery operating near full capacity. This marks a significant shift for Nigeria, which has historically been a major crude exporter

EU Starts Roll Out of Russian LNG Import Ban at Tricky Time

The European Union is initiating a ban on Russian LNG imports, a move that coincides with a period of energy market volatility and potential supply concerns. Th

Rigzone·Apr 25

Iran Keeps Loading Oil Onto Tankers Even as USA Blocks Route

Despite US sanctions and efforts to block Iranian oil exports, Iran is continuing to load significant volumes of crude oil onto tankers. This defiance of US san

Rigzone·Apr 24

Oil Falls on Renewed Iran Talk Hopes

Oil prices decreased due to renewed optimism surrounding potential negotiations between the US and Iran. These talks raise the possibility of increased Iranian

Rigzone·Apr 24

Aluminum Market Faces Largest Supply Shock Since 2000, Mercuria Warns

Mercuria is warning of a significant supply shock in the aluminum market due to disruptions in the Gulf region. This adds to existing concerns from other tradin

OilPrice·Apr 24
Apr 24

Colombia’s Oil Industry Eyes Comeback as $100 Crude Revives Investment Case

Apr 24

Baker Hughes Q1 Revenue Beats Estimates by $260 Million as LNG Orders Surge

Apr 24

US Oil Drillers Scale Back as Global Supply Crunch Continues

Apr 24

Eni Misses Q1 Earnings But Lifts Buyback To €2.8 Billion

Apr 24

Canada Approves Enbridge's $4 Billion Sunrise Gas Expansion

Apr 24

Brent Holds at $105 as Iran Talks Temper Rally

Apr 24

White House Extends Shipping Waiver to August

Apr 24

JPMorgan Says Oil Prices Still Have Further to Rise

Apr 24

Q1 Dallas Fed Energy Survey Gets Update

Apr 24

Australian FPSO production ramp-up on Santos’ agenda next week