News

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

In-Cyprus·Mar 22·1 min read

Fuel stations and retailers come under inflation strain

Inflation is increasingly impacting European economies and consumer budgets, including in Cyprus, driven primarily by the ongoing geopolitical instability in the Middle East. This persistent inflation

Michalis Michail: The war in the Middle East is putting Cyprus’s economy to the test

The article discusses the economic impact of the US-Israel war with Iran on Cyprus, highlighting how the conflict is affecting fuel prices and business operatio

In-Cyprus·Mar 22

Big Oil Flocks to Alaska in Record-Setting Petroleum Lease Sale

A recent oil and gas lease sale in the National Petroleum Reserve-Alaska (NPR-A) saw record-breaking participation, indicating continued interest from major oil

OilPrice·Mar 21

Ras Laffan Attack Shatters Illusion of Global Gas Abundance

The article discusses how a recent attack near Ras Laffan, Qatar, challenges the prevailing narrative of a global LNG glut. The incident raises concerns about s

OilPrice·Mar 21

Australia Weighs LNG Windfall Tax

Australian Prime Minister Anthony Albanese has initiated a review by the Treasury to consider implementing a windfall tax on the country's LNG sector. This move

Rigzone·Mar 21
Mar 21

Cyprus fuel prices surge as Iran conflict sends oil costs soaring

Mar 21

Fuel prices set to rise as Cyprus maintains 90-day reserves

Mar 20

Why the Iran War May Have Just Killed the AI Boom

Mar 20

Oil Surges as Iran War Escalates

Mar 20

IEA Says WFH To Help Combat Oil Price Shock

Mar 20

Norway’s Output Holds Steady—but Spare Capacity Is Gone

Mar 20

US Drillers Add Oil Rigs For Second Week In A Row As Prices Soar

Mar 20

Oil Prices Ease As US Pulls Out All Stops To Secure Supply

Mar 20

U.S. Bets on Natural Gas to Power 10 GW AI Buildout in Ohio

Mar 20

Why the Global Oil System Cannot Replace Hormuz Flows