News

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

Offshore Technology·Aug 31·1 min read

ONEOK to buy Permian assets from Brazos Midstream in $4.425bn deal

North American midstream giant ONEOK is expanding its operational footprint in Texas through a multi-billion-dollar acquisition of gathering and processing infrastructure in the Midland Basin. The $4.

Asian Refiners Turn to Argentina as Iran War Disrupts Oil Supply

Major Asian refining hubs are actively diversifying their crude procurement strategies by securing long-haul shipments from South America, notably Argentina, in

OilPrice·Aug 31

Swedish firm picks up work for 1.5 GW LNG-to-power project in Southeast Asia

AFRY has been appointed as the primary technical advisor for a major 1.5 GW integrated LNG-to-power scheme in Vietnam. The infrastructure setup combines an offs

Offshore Energy·Aug 31

Trump Says Venezuelan Oil Will Refill U.S. Strategic Petroleum Reserve

U.S. President Donald Trump has announced plans to purchase or secure Venezuelan crude oil to replenish the depleted U.S. Strategic Petroleum Reserve (SPR). Thi

OilPrice·Aug 31

‘Soap Cocktails’ Help U.S. Shale Boost Oil Production

American tight oil operators are turning to advanced chemical cocktails, specifically specialized surfactant blends, to maximize recovery rates from both new co

OilPrice·Aug 30
Aug 30

Sapphire Acquires EDGE in Modular LNG Solutions Expansion

Aug 29

Iran War Adds $330 Billion to Global Energy Import Bill

Aug 29

Mexico’s Green Energy Push Is Finally Gaining Momentum

Aug 29

U.S. Eyes 18th-Century Law to Seize and Sell Iranian Oil

Aug 29

Oil-Rich Azerbaijan Bets Big on a Clean Energy Boom

Aug 29

Venezuela Weighs OPEC Exit

Aug 28

Petrobras Considers Exporting LNG

Aug 28

Venezuela Helped Build OPEC. Now It May Help Break It Apart

Aug 28

The Iran War Has Turned VLCCs Into $650,000-a-Day Assets

Aug 28

U.S. Oil Rig Count Falls by 5 as Gas Rigs Rise