News

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

OilPrice·May 4·1 min read

Australia and Japan Deepen Energy Ties With New Supply Chain Pact

Australia and Japan have formalized a bilateral energy security partnership aimed at reinforcing resilient supply chains for both liquefied natural gas and critical minerals. This high-level pact addr

Oil Prices Fall as Trump Launches “Project Freedom” and OPEC+ Increases Output

Global benchmark crude contracts ticked downward following a dual supply-and-security signal involving U.S. naval transit commitments in the Persian Gulf alongs

OilPrice·May 4

Big Oil Begins Return to Canada amid Energy Crunch

Global integrated oil majors are renewing their strategic interest in Canadian upstream assets after nearly a decade of divestments driven by high carbon intens

OilPrice·May 3·Shell plc

Trump Approves "Keystone Light" Canada-U.S. Oil Pipeline

The U.S. administration under Donald Trump has moved to approve a major cross-border crude conduit proposed by Bridger Pipeline LLC, informally dubbed 'Keystone

OilPrice·May 3

Seplat Raises Q1 Dividend on Robust Oil Price Outlook

Nigerian independent operator Seplat Energy has increased its first-quarter dividend distribution, capitalizing on resilient crude valuations bolstered by geopo

Rigzone·May 3
May 2

Hormuz Deadlock Persists as Trump Faces War-Powers Deadline at Home

May 2

China Flips the Switch on Fuel Exports as Asia Runs Short

May 2

Russia’s Oil Revenues Surge as the World Scrambles for Supply

May 2

Inside BP’s Dramatic Pivot Back to Oil and Gas

May 2

Pemex Faces a Reckoning After Major Oil Spill

May 1

Trump Rues State of Iran Talks

May 1

Oil Slips as Iran Talks Hang in Balance

May 1

Venezuela Oil Exports Hit Seven-Year High

May 1

US Oil Drillers See Modest Uptick in Activity