News

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

OilPrice·May 13·1 min read

Electricity Industry Faces Risks from Three New Technologies

Electric utilities are under increasing scrutiny for relying on generic boilerplate disclosures to mask severe technological disruption facing traditional power generation models. Rapid commercializat

Saudi Aramco Looks to Raise $10 Billion from Real Estate Asset Deal

State-owned energy giant Saudi Aramco is exploring a multi-billion-dollar sale-and-leaseback transaction targeting its corporate and residential real estate por

OilPrice·May 13

The Fuel Shortage That Could Reshape Global Trade

Escalating regional conflicts involving Iran and Western forces are placing immense strain on military logistics and broader hydrocarbon supply chains. This sce

OilPrice·May 13

Russia's Oil Revenues Surge $6.3 Billion as High Prices Offset Production Losses

Surging global crude benchmarks have effectively insulated Moscow from the financial fallout of output curtailments, driving Russia's monthly export revenues to

OilPrice·May 13

ExxonMobil Insists Move to Texas Won't Erode Shareholder Rights

ExxonMobil is actively defending its strategic decision to reincorporate in Texas against pushback from major institutional investors and proxy advisory firms.

Rigzone·May 13·ExxonMobil
May 13

USA Bureau of Land Management Fully Rescinds Public Lands Rule

May 13

Cronos: first gas by 2028, says minister

May 13

Equus Energy completes pre-FEED for North West Shelf gas project

May 13

Eni Says Its Biodiesel Successfully Tested on Cruise Ship

May 13

Coral Cyprus takes part in 2026 Boat & Sea Expo as Silver Sponsor

May 13

TotalEnergies Resumes Syrian Activities with Mediterranean Exploration Deal

May 13

Global growth in CO2 pipeline networks paves way for decarbonisation

May 13

JP Morgan Publishes First Oil Price Forecast in 2 Months

May 13

Oil and gas contracts value reports increase in Q1 2026

May 13

Japan's Refinery Utilization Hits 73% as Strategic Oil Stocks Flow In