News

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

Offshore Technology·Apr 30·1 min read

Goldman Sachs tops oil and gas M&A rankings by value in Q1 2026

Global energy dealmaking showed strong momentum in the opening quarter of 2026, with Goldman Sachs securing the top spot by transaction value and Evercore leading by advisory volume according to Globa

BW Offshore enters FPSO FEED deal with Equinor for Bay du Nord

Equinor has selected BW Offshore to carry out Front-End Engineering and Design (FEED) for the floating production, storage, and offloading (FPSO) vessel planned

Offshore Technology·Apr 30

Oil Prices Surge Amid Increasing Geopolitical Concerns

Crude benchmarks experienced a sharp upward repricing driven by escalating geopolitical frictions across the Middle East, injecting an immediate risk premium in

Rigzone·Apr 30

CNPC Pledges to Ensure China’s Oil and Gas Supply Amid Iran Crisis

China National Petroleum Corporation (CNPC) has initiated contingency protocols to guarantee China's domestic hydrocarbon supplies following heightened geopolit

OilPrice·Apr 30

Wall Street Giants Circle Shell’s $15 Billion LNG Canada Stake

Private equity heavyweights KKR, Apollo Global Management, and Blackstone are in active competition to acquire a stake in Shell's LNG Canada export venture, val

OilPrice·Apr 30·Shell plc
Apr 30

TotalEnergies Q1 2026 net income jumps 48.7% to $5.8bn

Apr 30

The Iran War Has Already Destroyed 1.6 Million Bpd in Oil Demand

Apr 30

Japan Weighs $3 Billion Power Subsidies as LNG Crunch Bites

Apr 30

Brent Breaks $113 as Traders Brace for Months of Disruption

Apr 29

California Refineries Max Out Jet Fuel While Gasoline Starves

Apr 29

Oil Rallies Toward $120 As Middle East Supply Risks Spiral

Apr 29

Fertilizer Prices Have Doubled Since the Strait Closed

Apr 29

USA Has More Natural Gas Than It Can Use

Apr 29

Hormuz Blockage Boosts Panama Canal Oil Tanker Traffic

Apr 29

Oil Surges as Hormuz Blockade Bites