News

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

OilPrice·Mar 18·1 min read

U.S. Inflation Expectations Surge Amid Oil Price Spikes

The article discusses the rise in U.S. inflation expectations, primarily fueled by a significant increase in crude oil prices this year. The surge in oil prices, attributed to geopolitical instability

Energy Diplomacy Could Reset Turkey-Armenia Relations

Armenia and Turkey are engaging in renewed diplomatic efforts to normalize relations, potentially driven by energy interests. A meeting between Armenian Prime M

OilPrice·Mar 18

New Gas Finds in Libya Total More Than 1 TCF

Eni has announced new natural gas discoveries in Libya, collectively exceeding one trillion cubic feet. This development signals a potential increase in North A

Saudi Arabia’s Red Sea Oil Exports Jump To Nearly 4 Million bpd

Saudi Arabia's oil exports via the Yanbu port on the Red Sea are projected to hit a record 3.8 million bpd in March. This surge is attributed to the disruption

OilPrice·Mar 18

South American waters yield more gas: Petrobras makes new find in Colombia

Petrobras has announced a new gas discovery offshore Colombia. This discovery adds to the region's energy resources and potentially strengthens Petrobras's posi

Offshore Energy·Mar 18
Mar 18

Equinor Plans New Tieback to Johan Castberg

Mar 18

More oil unearthed in Norwegian waters as Equinor strikes black gold again

Mar 18

EIG-backed LNG company MidOcean Energy raises $1.2bn in new funding

Mar 18

BOEM begins environmental review for hydraulic fracturing at Platform Gilda

Mar 18

Woodside promotes from within to fill CEO role

Mar 18

Analyst Warns of USA NatGas Price Decoupling

Mar 18

Cyprus introduces new safety rules for building installations

Mar 18

Baker Hughes lands five-year job with Petrobras in Brazil

Mar 18

Training simulator in the making for Jan De Nul’s Fleeming Jenkin

Mar 18

Pancontinental picks up 12-month extension for Namibia’s Orange Basin permit