Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
Azerbaijan is attempting to de-escalate tensions with Iran following Iranian drone strikes in Nakhchivan. The shift from aggressive rhetoric to diplomatic engagement aims to prevent further escalation
Eni has increased the upper range of its shareholder distribution policy from 40% to 45% of cash flow from operations for the period 2026-2030. This indicates a
A consortium comprising international major ExxonMobil, regional player Energean, and Greek energy company Helleniq Energy has formally committed to gas explora
The EIA's latest Short-Term Energy Outlook (STEO) forecasts increased U.S. crude oil production in response to higher oil prices. This reflects the fundamental
Benchmark oil prices are increasing due to Middle East conflict-related supply disruptions, but U.S. crude is experiencing a significant discount compared to th