Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
TotalEnergies has announced a hydrocarbon discovery in the Moho license area offshore Republic of Congo. This discovery confirms the continued potential for hydrocarbon exploration and production in t
The U.S. and Iran are considering further talks to prolong a ceasefire amidst a U.S. naval blockade aimed at restricting Iran's oil exports. This development ha
Terna, Italy's grid operator, has awarded Next Geosolutions a €28M contract to survey the cable route for a new Italian interconnection. This project is crucial
Oil prices decreased in early trading due to renewed optimism regarding diplomatic progress between the U.S. and Iran, which could potentially ease supply const
The article discusses the limitations preventing a new shale boom despite rising oil prices, highlighting constraints in the oilfield service sector. It suggest