Oil prices dip as Trump extends Iran attack pause
Oil prices decreased on Friday due to President Trump's decision to extend a pause on attacks targeting Iranian energy infrastructure. This extension reduces immediate supply-side risk, easing upward
Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
Oil prices decreased on Friday due to President Trump's decision to extend a pause on attacks targeting Iranian energy infrastructure. This extension reduces immediate supply-side risk, easing upward
CNOOC, a major Chinese national oil company, reported an 11.5% decrease in net profit for 2025, falling to 122.1 billion yuan ($17.67 billion) from 137.9 billio
Norwegian authorities have approved Aker BP's drilling plans in the North Sea, utilizing a Saipem-owned rig. This approval signifies continued investment and ac
TotalEnergies has affirmed its commitment to existing liquefied natural gas (LNG) supply agreements, with CEO Patrick Pouyanne stating the company will not invo
A recent cyclone in Australia has caused significant operational disruptions across three major liquefied natural gas (LNG) facilities, including key projects o