Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
Big Oil companies are increasing their exploration activities after a period of underinvestment in upstream and a brief shift towards clean energy. This renewed focus on exploration is driven by the n
US crude oil inventories unexpectedly surged by 10.263 million barrels according to the API, a significant deviation from analyst expectations of a 1.3 million
A Greek-controlled oil tanker has traversed the Strait of Hormuz. This is significant because the Strait is a critical chokepoint for global oil supplies, and a
The Turkish Cypriot administration has formally expressed its strong disapproval of the recent natural gas development agreement signed between the Republic of
Oil prices decreased due to emerging signals of de-escalation between Iran and the US, overshadowing concerns about existing supply disruptions. The market reac