EIA Sees Oil Glut Tightening in Wake of Iran War
The EIA's March STEO projects a global oil supply surplus of 1.87 million barrels per day in 2026. This indicates a potential easing of current supply constraints and could influence future oil prices
Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
The EIA's March STEO projects a global oil supply surplus of 1.87 million barrels per day in 2026. This indicates a potential easing of current supply constraints and could influence future oil prices
QatarEnergy has confirmed a reduction in its LNG production capacity due to recent missile attacks on its facilities, resulting in an estimated $20 billion loss
Sinolam International, an investment company, is proceeding with a $4 billion lawsuit related to Panama's LNG-to-power market through international arbitration.
India is projected to substantially increase its polyolefins production capacity by 2030. This expansion is driven by a surge in domestic demand for these polym
Eco Wave Power has secured a land lease for its 100 kW onshore wave energy pilot project in Taiwan. This marks a significant step forward for wave energy techno