News

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

Offshore Energy·Apr 17·1 min read

Catching the Harmonic Breeze: Inpex charts LNG fleet’s course with new carrier

Inpex Shipping, a subsidiary of Inpex, has partnered with MOL Encean (a MOL subsidiary) to add a new LNG carrier to its fleet. This expansion signifies Inpex's commitment to LNG transportation and its

IMF Tells Europe Not to Repeat Its Costly Energy Crisis Mistakes

The IMF is advising the European Union to avoid excessive fuel subsidies in response to the energy crisis, arguing that higher prices will incentivize demand re

OilPrice·Apr 17

Fugro unveils new ROV test pool in Singapore

Fugro has inaugurated a new ROV test pool in Singapore. This facility will likely support the development, testing, and training related to ROV operations, whic

Offshore Energy·Apr 17

Enbridge wins new permit to maintain North Dakota border pipeline

Enbridge has received a new Presidential permit from the US government to continue operating and maintaining its cross-border pipeline facilities in Pembina Cou

Offshore Technology·Apr 17

Pakistan Oil Tanker Is First to Cross Hormuz since US Blockade

A Pakistan-flagged oil tanker successfully navigated the Strait of Hormuz, marking the first crude oil cargo passage since the reported commencement of a U.S. b

Rigzone·Apr 17
Apr 17

China Moves to Expand Oil Stockpiles Against Global Supply Shocks

Apr 17

A Lebanon Ceasefire and Potential Iran Peace Talks Push Oil Prices Down

Apr 17

What’s Next for Oil Prices?

Apr 16

Oil Markets Reprice War Risk After Congress Rejects Iran Pullback

Apr 16

IEA Chief Says Oil, Gas Recovery Could Take Two Years After War Damage

Apr 16

India’s Central Bank Tells Oil Refiners To Stop Buying Dollars On Spot Market

Apr 16

Crude Gains as Hormuz Blockade Persists

Apr 16

Norway Risks Leaving 700 million Barrels Behind as Time Runs Out

Apr 16

US-Iran Talks to Span Past Summer As Oil Flows Remain Disrupted

Apr 16

Iraq’s Gas Capture Plan Signals a Strategic Shift