News

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

Greek Reporter·Apr 10·1 min read

Egypt Locks In Full Supply From Cyprus’ Aphrodite Gas Field

Egypt has secured a long-term commitment to purchase the entire future gas output from Cyprus' Aphrodite field, signaling a strategic move to bolster its energy security. This agreement underscores Ca

Iberdrola Nears Full Takeover of Brazil's Neoenergia

Iberdrola is nearing full control of Brazilian power company Neoenergia, increasing its stake to 98% through a takeover bid initiated last year. This move conso

Rigzone·Apr 10

Australia backs proposed LNG terminal to stave off Victoria’s gas supply crunch

Viva Energy's proposed LNG terminal project in Geelong, Australia, has received federal environmental approval. This approval is intended to address a potential

Offshore Energy·Apr 10

Gulf of Suez oil output on the rise as new well joins in on the action

The Gulf of Suez Petroleum Company (GUPCO) has commenced production from a new well in an offshore Gulf of Suez field. This development contributes to increased

Offshore Energy·Apr 10

Oil prices surge amid Saudi supply concerns and Hormuz halt

Oil prices experienced an increase on Friday driven by two primary factors: renewed concerns about potential disruptions to Saudi Arabian oil supply and the con

Offshore Technology·Apr 10
Apr 10

Europe’s cross-border hydrogen network gets a leg up with Dutch and Belgian infrastructure link

Apr 10

SLB OneSubsea secures subsea boosting deal for Shenandoah field

Apr 10

Iran, US Prepare for Talks as Israel Presses on in Lebanon

Apr 10

Europe’s Russian LNG Reliance Surges Ahead of 2027 Ban

Apr 10

Petrobras takes back full ownership of Brazilian offshore oil fields

Apr 10

Subsea7 rakes in over $1.25 billion for Brazilian oil & gas job

Apr 10

Petronas tasks Petra Energy with work on Malaysian gas project

Apr 10

Japan to Release More Oil Amid Supply Crunch

Apr 10

Chevron finds oil at Gulf of Mexico’s Bandit prospect

Apr 10

Chinese Refiners Buy Iranian Crude at Premium