News

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

OilPrice·Mar 25·1 min read

Australia’s Fuels Dependence Turns Into a Crisis

Australia, despite its resource wealth, is facing a fuel crisis due to its dependence on imports. Disruptions to these imports are highlighting vulnerabilities in the nation's energy security and supp

Middle East War Could Push West Canada’s LNG Projects Forward

The article argues that the Middle East conflict and subsequent disruption to global LNG trade flows are bolstering the rationale for increased LNG exports from

OilPrice·Mar 25

Crude Falls as Iran Talks Confuse Market

Crude oil prices declined due to market uncertainty stemming from conflicting news regarding Iranian nuclear deal negotiations and geopolitical tensions. This v

Rigzone·Mar 25

Chevron Warns California Risks Energy Crisis Due to Iran War

Chevron is cautioning that California faces a potential energy crisis stemming from a possible war with Iran. This warning highlights the vulnerability of Calif

Rigzone·Mar 25·Chevron Corporation

Gas Crisis Dwarfs Oil Shock as LNG Supply Breaks

The article claims that recent U.S. and Israeli strikes on Iran have disrupted LNG supply, shifting market expectations from a potential glut to a crisis. This

OilPrice·Mar 25
Mar 25

India Races to Secure Central Asia as Pakistan Expands Its Reach

Mar 25

Beyond Oil: The Global Supply Chains Broken by the Iran Conflict

Mar 25

Valero Prepares to Restart Massive Texas Refinery After Explosion

Mar 25

$25 billion price tag looms over Gulf energy infrastructure repairs, Rystad says

Mar 25

Crude Drops 4% on Iran News Just as Dallas Fed Signals Oil Rebound

Mar 25

USA Shale Producers Not Poised to Quickly Boost Output

Mar 25

Russia's Vital Baltic Oil Hubs Crippled by Ukrainian Drone Campaign

Mar 25

Middle East crisis brings ‘temporary suspensions’ to some ADES rigs

Mar 25

Key Russian Port Pauses Oil Loading after Drone Strike

Mar 25

Equinor Starts Drilling for $9B Gas Development offshore Brazil