News

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

OilPrice·Mar 27·1 min read

The Cushion Is Gone and the Oil Market Is Now Exposed

The article discusses the global oil market's response to recent supply disruptions, noting that initial buffers that absorbed the shock are now depleted. This suggests increased volatility and potent

UAE Port Ramps Up Hormuz-Dodging Oil Flows

The United Arab Emirates is increasing oil exports from a key port located outside the Strait of Hormuz. This move allows the UAE to bypass the Strait, a critic

Rigzone·Mar 27

Oil Jumps as War Risks Intensify

Brent and WTI crude oil prices experienced a significant rally due to escalating war risks, leading traders to anticipate a protracted conflict and potential di

Rigzone·Mar 27

Russia Warns of Force Majeure on Oil Cargoes After Port Disruptions

Russian oil exporters are considering declaring force majeure on oil cargoes from key Baltic Sea ports due to disruptions caused by Ukrainian drone strikes targ

OilPrice·Mar 27

Aker BP’s Earnings Slide Masks a Massive Growth Push

Aker BP's 2025 annual report reveals a year of transition, characterized by stable production and cost control, but significantly lower earnings due to weaker o

OilPrice·Mar 27
Mar 27

NOC signs MoU with Chevron to conduct technical study of offshore block NC 146

Mar 27

US Drillers Pull Back As WTI Soars Past $98

Mar 27

$100 Oil Is Solving Russia's Budget Problem

Mar 27

U.K. Oil Producer Urges North Sea Revival as Hormuz Crisis Disrupts Supply

Mar 27

Execs Predict What Price WTI Oil Will Hit in Future

Mar 27

Asia Begins Pricing U.S. Oil Against Brent as Dubai Volatility Spikes

Mar 27

Venture Global and Edison put LNG arbitration battle behind them

Mar 27

Brent Surges Past $110 on Iran Rejection

Mar 27

Chevron shakes hands with NOC for oil study at block offshore Libya

Mar 27

Russia's Baltic Ports Burning Again as Ukraine Drone Campaign Enters Third Day