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

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Offshore Energy·Apr 20·1 min read

After LNG vessel deal, Dubai-based firm orders four new VLGCs to enrich LPG fleet

Dubai-based BGN is expanding its LPG fleet by ordering four new Very Large Gas Carriers (VLGCs). This follows a previous LNG vessel deal, indicating a strategic move to strengthen its position in the

How smarter video security protects offshore energy assets

The article discusses the importance of video security for protecting offshore energy assets. Given the vulnerability of these assets, robust security measures

Offshore Energy·Apr 20

China Revives Coal-to-Gas Megaproject as War Disrupts Global Energy Flows

China is reviving a $3.7 billion coal-to-gas project in Fuxin, which was initially started in 2011 but stalled in 2014. This revival is driven by disruptions to

OilPrice·Apr 20

OKEA sheds its stake in Norwegian gas/condensate discovery

OKEA, a Norwegian oil and gas company, is selling its stake in a gas/condensate discovery on the Norwegian Continental Shelf to Japex Norge. This move suggests

Offshore Energy·Apr 20

Woodside awards tugboat contract worth more than $300m to GTT

Woodside Energy has awarded Green Tug Towing (GTT) a contract exceeding $300 million for the design and construction of four tugboats. These tugboats will be de

Offshore Technology·Apr 20
Apr 20

Probe underway as rig ops come to a standstill after blowout preventer drop

Apr 20

Three-party union in Singapore targets low-carbon ammonia as marine fuel

Apr 20

Hormuz at Standstill as US Seizes Iran Vessel

Apr 20

U.S. Extends Sanction Waiver on Russian Oil for India

Apr 20

Oil Prices Surge After U.S. Seizes Iranian Vessel Near Hormuz

Apr 19

Middle East Oil Pricing Is Cracking Under Pressure

Apr 19

Europe Faces Summer Jet Fuel Crisis as Iran War Slashes Supply

Apr 19

Repsol, Venezuela Agree Terms for Production Increase

Apr 19

Cyprus has three-month jet fuel reserve as European stocks dwindle

Apr 18

Trading Desks Boom While Big Oil Output Stalls