Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
US crude oil inventories rose significantly by 6.9 million barrels in the week ending March 20, pushing commercial stockpiles to 456.2 million barrels. This increase contrasts with potential declines
Reach Subsea has contracted Venterra's GeoForce Technical Services to support their work on the second Shetland HVDC link project. This collaboration highlights
A consortium led by Halliburton, including ExxonMobil, Noble, Sekal, and Wells Alliance, has achieved a significant breakthrough in offshore Guyana by implement
Amplitude Energy has concluded that the Isabella gas discovery in the VIC/L24 permit, located in the Offshore Otway Basin, Victoria, is not commercially viable.
Equinor has commenced drilling at the Raia gas project located in Brazil's Campos Basin pre-salt region. This project aims to bring new gas production online by