Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
Recent upstream data shows modest incremental additions in United States drilling activity, lifting the aggregate active rig footprint to 548 units. While slight gains in crude-directed units indicate
Persistent regulatory ambiguity, shifting sanction regimes, and sovereign debt litigations continue to paralyze significant foreign investment in Venezuela's va
United States military forces executed direct kinetic strikes against two unladen Iranian-flagged crude carriers in the Gulf of Oman, signaling an aggressive en
Iranian maritime forces have impounded the tanker Ocean Koi in the Gulf of Oman, an operation that targeted a vessel reportedly laden with Iranian crude. The in
Global upstream oil and gas mergers and acquisitions experienced an 83% drop in total deal value in March 2024, falling to $5.55 billion despite transaction cou
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