News

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

Offshore Energy·May 15·1 min read

$7.5 billion gas project on Senegal’s development agenda

Senegal's state energy firm Petrosen has outlined a $7.5 billion capital requirement to unlock a massive deepwater natural gas development holding an estimated 25 trillion cubic feet of recoverable re

Vitol Offers Iraqi Oil in Sign of Hormuz Transits

Global commodity trader Vitol has begun marketing Iraqi Basrah crude to international buyers, indicating that maritime export flows from the Persian Gulf are ma

Rigzone·May 15

India Raises Fuel Prices for the First Time in Four Years

State-owned fuel retailers in India have initiated their first retail price increase for petrol and diesel in four years, lifting prices by approximately $0.031

OilPrice·May 15

Petronas picks local tubular running services provider for next five years

Malaysian national oil company Petronas has awarded a five-year contract to a domestic service provider for offshore tubular running services (TRS). This move r

Offshore Energy·May 15

Ludoil Energy inks SPA for ISAB’s Priolo Gargallo refinery

Italian energy infrastructure group Ludoil Energy has agreed to acquire the ownership stake in the strategic ISAB refining complex located in Priolo Gargallo, S

Offshore Technology·May 15
May 15

Seal of approval for Equinor’s drilling ops with Transocean’s 2016-built rig

May 15

Brent Heads for 6% Weekly Gain as Trump Loses Patience With Iran

May 15

Mexico's President Announces the Resignation of Pemex CEO Victor Rodríguez

May 14

India’s Oil Crisis Deepens as Hormuz Remains Shut

May 14

BLM Expands Oil Leasing Drive with July Auction Plans

May 14

Ottawa and Alberta Push New 1 Million Bpd Oil Pipeline

May 14

Protests Erupt as Cuba Says It's Entirely Out of Fuel

May 14

Cuba Runs Out of Fuel

May 14

Canada Rethinks Selling Its Crown Jewel Pipeline

May 14

Crude Steady Following Trump-Xi Summit