News

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

Offshore Energy·May 19·1 min read

Chinese firm kicks off topside fabrication for Black Sea bound-FPU

Chinese EPC contractor Wison New Energies has commenced fabrication of the topside modules for a major floating production unit destined for Turkey's flagship Sakarya gas development in the Black Sea.

Indian Airlines Ask Refiners to Postpone Local Jet Fuel Price Hike

India's commercial aviation sector has formally petitioned state-run oil marketing companies to freeze domestic aviation turbine fuel prices amid escalating geo

OilPrice·May 19

Oil and gas expertise makes geothermal a scalable energy source for India

Recent industry assessments indicate that India's substantial, undeveloped geothermal energy reserves can be effectively unlocked by pivoting the technical capa

Offshore Technology·May 19

TKF loads out final Ecowende inter-array cables with reduced environmental footprint

Dutch cable manufacturer TKF has finalized the load-out of the complete inter-array cable batch for the Ecowende offshore wind development situated at the Holla

Offshore Energy·May 19

Can Middle East Oil Producers Meaningfully Bypass the Strait?

Industry analysts are evaluating the feasibility of Persian Gulf producers diverting crude flows away from the Strait of Hormuz amid persistent geopolitical ten

Rigzone·May 19
May 19

Cyprus to sell first gas to Europe by 2028 after Cabinet approves field development deals

May 19

Oil prices drop as US pauses Iran strike for talks

May 19

Glenfarne inks gas deal with ConocoPhillips for Alaska LNG

May 19

Japan and South Korea Deepen Oil Ties as Hormuz Crisis Bites

May 19

China Agrees to Supply Australia Over 600,000 Barrels of Jet Fuel

May 19

More Norwegian gas fuelling Germany’s energy security with Equinor-Eneco deal

May 19

US vessel reflagging to Vanuatu before assignment in Honduras

May 19

Phillips 66 green-lights Zeus Gas Plant and Robstown NGL unit

May 19

India Hikes Fuel Prices for the Second Time in a Week

May 19

Asia’s Gas Crunch Opens the Door for Australian LNG