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

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Rigzone·May 1·1 min read

Ukraine Hits Major Russian Refinery, Pumping Station

Long-range Ukrainian unmanned aerial vehicles have successfully penetrated deep Russian airspace to strike primary crude refining and pipeline infrastructure. This sustained targeting strategy aims to

Oil Prices Set for Another Weekly Gain as Supply Shock Deepens

Global benchmark crude contracts secured sustained weekly gains amid mounting evidence of severe structural deficits across global energy markets. With Brent ho

OilPrice·May 1

JDR wins umbilicals contract for East Coast Supply Project

JDR Cable Systems has been awarded a subsea umbilicals supply contract by Australian operator Amplitude Energy for the East Coast Supply Project offshore Victor

Offshore Technology·May 1

Woodside Struggles to Secure Buyers for U.S. LNG as Pricing Backfires

Australian energy giant Woodside Energy is encountering stiff headwinds in contracting long-term offtake for its Louisiana LNG export project due to aggressive

OilPrice·May 1

Indian Oil Raises LPG and Jet Fuel Prices

State-run refiner Indian Oil Corporation has initiated targeted price increases for commercial liquefied petroleum gas (LPG) and aviation turbine fuel (ATF), se

OilPrice·May 1
May 1

UAE Break With OPEC Puts African Crude Exports At Risk

Apr 30

Middle East Crisis Accelerates Asia’s Electrification Drive

Apr 30

California Gasoline Price Surges Above $6

Apr 30

Oil Settles Lower After Surge

Apr 30

Repsol Holds Off on U.S. Listing for Upstream Unit Despite 2026 Plans

Apr 30

$6 Gas in California Signals New Phase of the Global Energy Crunch

Apr 30

The $12 Billion Pipeline That Could Help Ease Europe’s Gas Crisis

Apr 30

Net Crude Supply Loss is 9 Million Bpd Despite Surge in Atlantic Exports: Vortex

Apr 30

War Puts LNG Future in the Spotlight

Apr 30

Trump Eyes More U.S. Oil Output as Iran War Squeezes Supply