News

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

Offshore Technology·May 13·1 min read

Oil prices dip ahead of Trump-Xi talks amid Iran tensions

Crude benchmarks softened on May 13 as traders balanced fragile geopolitical truces in the Middle East against macro trade uncertainties. Market participants are positioning cautiously ahead of high-l

Iran Conflict Fundamentally Altered Global Energy Landscape

Escalating geopolitical friction involving Iran has redefined risk premiums and structural trade flows across the global hydrocarbons sector. According to inves

Rigzone·May 13

Venture Global to supply 1mtpa of LNG to TotalEnergies and Vitol

US LNG developer Venture Global has entered into binding Sales and Purchase Agreements with energy major TotalEnergies and commodity trader Vitol to deliver ove

Offshore Technology·May 13·TotalEnergies SE

BP Enters 6 Exploration Blocks in Uzbekistan

BP has established its operational footprint in Uzbekistan by signing a production sharing contract covering six exploration blocks within the North Ustyurt bas

Rigzone·May 13

Europe’s Gas Industry Seeks Relief From Storage Mandates

European gas industry associations are lobbying the European Commission to ease mandatory underground storage replenishment requirements as geopolitical turmoil

OilPrice·May 13
May 13

TotalEnergies and partners sign MoU for Syrian offshore exploration

May 13

Europe’s Dependence on U.S. LNG Is Set to Surge

May 13

Russia Sees Flat Oil Output This Year amid Ukraine Fightback

May 13

Chinese Oil Tanker Tests Safe Passage Through Strait of Hormuz

May 13

Syria’s offshore ambitions gather pace with TotalEnergies partnership

May 13

Canada’s Economy Caught Between Oil Windfalls and Trade Wars

May 12

Why Physical Crude Premiums Collapse Despite the Hormuz Crisis

May 12

5 Oilfield Services Stocks Built for a Post-Hormuz World

May 12

US Crude Inventories Fall But Gasoline Stocks See Surprise Build

May 12

Strait Disruption Lifts Oil Again