News

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

OilPrice·Jul 17·1 min read

Oil Markets Ignore Mounting Risks at Their Own Peril

The dramatic escalation of direct military hostilities between the United States and Iran, alongside targeted strikes on critical energy and water infrastructure in the Persian Gulf, has pushed global

Trump-Backed Trade Corridor Moves Closer to Reality in Armenia

Armenia has formally advanced its participation in the 'Trump Route for International Peace and Prosperity' (TRIPP), a strategic trade and infrastructure corrid

OilPrice·Jul 17

Chevron, Cheniere Reps Join DOE SEAB Board

The U.S. Department of Energy's appointment of senior executives from Chevron and Cheniere Energy to its advisory board signals a pragmatic shift toward integra

Rigzone·Jul 17·Chevron Corporation

BP and Conoco Partner in One of Iraq's Oldest Oilfields

BP's decision to farm out a 42 percent stake in its Kirkuk redevelopment venture to ConocoPhillips marks a significant realignment of supermajor interests in Ir

Rigzone·Jul 17

ADES jack-up rig pair lines up drilling jobs in Nigerian and UK waters

Saudi-listed drilling giant ADES Holding Company has secured two major offshore drilling contracts for its jack-up fleet, expanding its operational footprint in

Offshore Energy·Jul 17
Jul 17

ADES Holding wins $229m offshore drilling contracts in Nigeria and UK

Jul 17

Baghdad Bets on Syria and Turkey Pipelines to Secure Oil Exports

Jul 17

Geopolitical Risk Premium Returns as Crude Posts Biggest Weekly Gain in Months

Jul 17

Iran Expands Oil Chokepoint Threat as Houthis Eye Red Sea Shipping

Jul 17

Odfjell Drilling’s rig remaining with Norwegian oil & gas operator for another year

Jul 17

The Middle East to lead global methanol capacity additions by 2030

Jul 17

China Seeks Long-Term LNG Deals Beyond the Strait of Hormuz

Jul 17

Karoon boosts Brazilian field’s oil output with all wells now online

Jul 17

TotalEnergies offloading Mexican shallow water block to Grupo Carso

Jul 17

EIA Pushes 2026 USA Oil Output Forecast Closer to 14MM Bpd