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

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OilPrice·Apr 8·1 min read

Oil Slumps, Stock Markets Surge As First Ships Transit Hormuz

Oil prices plummeted while stock markets rallied following a reported ceasefire agreement between the U.S. and Iran, leading to the reopening of the Strait of Hormuz. The market reacted strongly to th

Aker BP Fast-Tracks Symra Startup as DNO Ramps Up North Sea Growth

Aker BP has commenced production at the Symra field in the North Sea significantly ahead of schedule, with DNO ASA emphasizing the project's importance to its N

OilPrice·Apr 8

Exxon Lost 6 Pct of Its Global Output

ExxonMobil's global production decreased by 6% in the first quarter due to the disruption of oil and natural gas operations in the Persian Gulf caused by the Ir

Rigzone·Apr 8·ExxonMobil

Technip Energies in the clear to work on $12.5B LNG project in Louisiana

Technip Energies has been cleared to proceed with work on a $12.5 billion LNG export project in Louisiana. This development signifies progress for the project a

Offshore Energy·Apr 8

Commonwealth LNG Finalizes Offtake Agreements

Commonwealth LNG has finalized offtake agreements, signaling significant progress towards a final investment decision (FID). The project, backed by Kimmeridge a

Rigzone·Apr 8
Apr 8

EIA Fuel Update Shows Rising Price Trend

Apr 8

Cyprus targets LNG and renewables to cut energy costs

Apr 8

Santos eyes restart of Australia’s huge gas project next week

Apr 8

Baker Hughes to deliver compression units for gas pipeline in Argentina

Apr 8

Christodoulides eyes April deal with ENI and Total for 2027 gas production

Apr 8

Caturus finalises offtake deals for Commonwealth LNG project

Apr 8

Go-ahead for Aker BP to use accommodation facility at North Sea field

Apr 8

Cyprus fuel prices unlikely to drop soon despite oil market falls

Apr 8

Rosneft Tamps Down Profit Expectations from Soaring Prices

Apr 8

NKT Eleonora enters new construction phase as its hull makes a splash