News

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

OilPrice·May 7·1 min read

Canadian Natural Says Pipeline Needed to Unlock Oil Sands Growth

Canadian Natural Resources Limited (CNRL), the nation's premier heavy crude producer, has signaled that sustained growth in oil sands output hinges on constructing a new West Coast egress corridor. De

U.S. Cracks Down on Iraq Oil Links to Iran

Washington has escalated its financial campaign against illicit regional crude flows by directly sanctioning high-ranking Iraqi officials, including Deputy Oil

OilPrice·May 7

UAE Running Ghost Tankers Through Hormuz to Escape Iran’s Blockade

United Arab Emirates crude operators are deploying 'dark fleet' tactics by deactivating Automatic Identification System (AIS) transponders on loaded tankers nav

OilPrice·May 7

Giant Southeast Asian gas discovery passes test with flying colors

Italian major Eni has successfully concluded a drill stem test on its major gas discovery in Indonesia's offshore Kutei Basin, demonstrating high reservoir deli

Offshore Energy·May 7·ENI S.p.A.

Murphy Oil Avoids Gambling on Current Volatility

Independent upstream operator Murphy Oil has reiterated a conservative operational stance, choosing strict capital discipline over reactionary spending amid ong

Rigzone·May 7
May 7

USA Crude Oil Stocks Drop by More Than 2MM Barrels WoW

May 7

Excelerate Energy’s FSRU finds job at Jordan’s LNG terminal ahead of Iraq gig

May 7

USA Considers Tapping Oil Under Military Bases to Refill SPR

May 7

EOG Profit Exceeds Expectations

May 7

Seatrium and ABS join forces to advance maritime and offshore energy spheres

May 7

Aker BP Posts Higher Profit

May 7

NKT’s German cable accessories site becomes its first zero-carbon factory

May 7

Expro to buy Norwegian drilling tech company Enhanced Drilling

May 7

Oil Prices Waver as Market Weighs Chances of U.S.-Iran Deal