Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
ExxonMobil has awarded Saipem its eighth contract for offshore work in Guyana, signaling continued confidence in Saipem's capabilities and ExxonMobil's ongoing commitment to developing its significant
President Trump has extended the U.S.-Iran ceasefire, reportedly at the request of Pakistan, until negotiations with Iran conclude. This extension, announced vi
Iraq is facing a significant oil export crisis due to disruptions in tanker traffic through the Strait of Hormuz. The country is reportedly exploring riskier ov
ERCOT projects a massive surge in Texas power demand by 2032, potentially quadrupling due to data centers and large industrial loads. This forecast highlights t
The article claims that the ongoing conflict in the Middle East has resulted in a loss of 500 million barrels of oil supply, valued at approximately $50 billion
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