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

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OilPrice·Apr 27·1 min read

Germany Signals Major Allied Rupture Over U.S. Iran War

Germany has signaled an escalating strategic divergence from Washington over U.S. military operations involving Iran, cautioning against an open-ended quagmire that threatens global stability. This ra

Shell Bets $16.4 Billion On Canadian Gas In Major LNG Growth Push

Shell has executed a transformative corporate acquisition by agreeing to purchase Canadian Montney producer ARC Resources for $16.4 billion. The move significan

OilPrice·Apr 27·Shell plc

Efforts to cut worldwide emissions likely to miss interim goals, says GlobalData poll

Market sentiment tracked by GlobalData indicates widespread industry skepticism regarding the global community's ability to achieve mid-decade decarbonization t

Offshore Technology·Apr 27

North America Breaks Rig Loss Streak

The North American drilling sector has arrested its consecutive multi-week decline by registering a net gain of one rotary rig, according to the latest operatio

Rigzone·Apr 27

Eni Raises Share Buyback Plan to $3.3B

Italian integrated major Eni has significantly escalated its capital distribution framework by expanding its full-year share repurchase allocation to €2.8 billi

Rigzone·Apr 27·ENI S.p.A.
Apr 27

BP Emerges as Top Big Oil Stock During Iran War

Apr 27

Shell enriches gas business with $16.4 billion ARC Resources takeover

Apr 27

Crude climbs 3% as Strait of Hormuz restrictions continue

Apr 27

Archer lands three-year wireline extension on NCS from Equinor

Apr 27

Stillstrom unveils new standalone monopile-based offshore charging tech

Apr 27

North Sea oil & gas seen as linchpin of UK’s energy security and net zero transition

Apr 27

Mermaid Maritime continues global expansion with joint venture in Brunei

Apr 27

Why employers require BOSIET before offshore deployment

Apr 27

Most Oil Execs See USA Oil Output Increasing Due to War

Apr 27

Japanese trio launches demo project on ammonia supply for vessels in Singapore