News

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

Rigzone·Sep 3·1 min read

Texas Oil Regulator Hails 'Oil Theft Bust'

Law enforcement agencies across multiple U.S. states have dismantled an illicit crude oil theft operation operating out of Texas oilfields, marking a rare high-profile regulatory and criminal crackdow

Woodside, PEMEX to Explore More Oil offshore Mexico

Australian independent Woodside Energy has formalized a memorandum of understanding with Mexico's state-run Petróleos Mexicanos to pursue further upstream oppor

Rigzone·Sep 3

Asia Oil Buying Spree Sends ME Crude Prices Soaring

Surging spot demand from Indian and Chinese refiners has driven Middle Eastern benchmark crudes sharply higher, signaling a robust rebound in Asian consumption.

Rigzone·Sep 3

Keeping fuel options open as uncertainty drives tri-fuel-ready tanker concept

Lloyd's Register and China's MARIC design institute have introduced an adaptable commercial tanker framework capable of transitioning between LNG, methanol, and

Offshore Energy·Sep 3

Iraq Hikes Oil Exports via Hormuz in Boon for Asian Refiners

Iraq sharply escalated its seaborne crude exports through the Strait of Hormuz during August, reaching approximately 2.34 million barrels per day. The surge was

OilPrice·Sep 3
Sep 3

Europe’s Low Gas Stocks Set Stage for Winter LNG Battle

Sep 3

Brent Could Hit $100 Soon

Sep 3

KNOC, Kogas to Merge

Sep 3

Chevron to invest more than $7bn in Venezuela oil ventures

Sep 3

Asian Oil Buying Spree Sends Dubai Crude Toward $100

Sep 2

U.S. SPR Depletion Threatens Further Oil Price Volatility

Sep 2

Trump Pressures USA Oil Refiners to Ease Pump Prices

Sep 2

OPEC+ Set to Hold Oil Output Steady as Iran War Disrupts Supply

Sep 2

The Suspicious Timing Behind Trump's “Biggest Oil Deal In History”