News

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

Offshore Energy·Mar 23·1 min read

Kiewit on module fabrication duty for Lone Star State’s $5.7 billion LNG project

Texas LNG Brownsville, a Glenfarne Group company, has selected Kiewit Offshore Services (KOS) to fabricate liquefaction modules for its $5.7 billion LNG export project in Brownsville, Texas. This deci

Consumers’ union calls for support measures amid rising fuel, food prices

The Cyprus Consumers Union is urging public support for government measures designed to mitigate the financial burden on households and small businesses, which

Cyprus Mail·Mar 23

Aramco cuts Asia crude supplies for second month amid Hormuz turmoil

Aramco, Saudi Arabia's state oil company, is cutting crude oil supplies to Asian markets for the second consecutive month in April. This reduction, occurring am

Offshore Technology·Mar 23

The Oil Prices You See Do Not Tell Market's Real Story

The article highlights a divergence between oil futures prices and the physical oil market, suggesting that futures may not accurately reflect the real-world su

Rigzone·Mar 23

Fire Hits Oil Production at Major Libyan Field

A fire caused by a leak in the Sharara crude pipeline has resulted in a roughly 50% reduction in production at the Sharara oil field in Libya. The Sharara field

Rigzone·Mar 23
Mar 23

US Interior’s BLM to auction 182 oil and gas parcels in three states

Mar 23

IEA Signals Readiness for Another Emergency Oil Release

Mar 23

India Holds Fuel Prices Steady Even as Oil Basket Soars Above $155

Mar 23

Oil Markets Brace for Volatility as Trump’s Iran Deadline Fuels Escalation Fears

Mar 22

Trump’s Iran Uranium Dilemma Raises Stakes for Oil Markets

Mar 22

Fredriksen back in dry bulk newbuilds with up to eight newcastlemaxes

Mar 22

Can India Afford to Quit Coal?

Mar 22

Energy security in southeast Europe and the East Med

Mar 22

Petrobras Discovers More Gas offshore Colombia

Mar 22

Three strategic gains for Nicosia and Ankara’s rush for influence