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

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Rigzone·Jul 15·1 min read

USA EIA Raises Henry Hub Price Forecast for 2026, 2027

The U.S. Energy Information Administration's upward revision of its Henry Hub natural gas price forecasts for 2026 and 2027 signals a tightening global gas market as American export capacity expands.

Shell moves ahead with tender for Dragon offshore gas project

Shell's initiation of the tendering process for drilling services at the Dragon offshore gas field marks a critical operational milestone in unlocking Venezuela

Offshore Technology·Jul 15·Shell plc

Asian Oil Refiners Scoop Up USA Crude

A sudden surge in Asian buying has cleared at least 11 million barrels of U.S. crude oil in a single trading session, signaling a sharp tactical shift by Easter

Rigzone·Jul 15

USA Oil, Gas Workforce Drops from May to June

The recent contraction in the United States upstream oil and gas workforce highlights a broader trend of capital discipline and technological efficiency sweepin

Rigzone·Jul 15

Half a billion investment paving way for LNG project’s FID in Lone Star State

Glenfarne Group's Texas LNG Brownsville project has secured a critical half-billion-dollar investment commitment, marking a major milestone toward its upcoming

Offshore Energy·Jul 15
Jul 15

Eni, Halliburton cheer Asia-Pacific’s first integrated closed-loop rig automation milestone

Jul 15

‘UK’s largest-ever’ electricity transmission project in major construction phase

Jul 15

Shell expands Caribbean LNG footprint with go-ahead for Bahamas regasification terminal

Jul 15

Sunda Energy applies for offshore Taranaki Basin exploration permit

Jul 15

Wärtsilä scores multi-year lifecycle assignment for Türkiye-based FSRU

Jul 15

U.S. Gasoline Prices Could Hit $4 Per Gallon Within Days

Jul 15

Korean shipyard hosts naming ceremony for QatarEnergy’s 174,000-cbm LNG carrier

Jul 15

Ukraine Says It Hit Russian Oil, Gas Tankers in Black Sea

Jul 15

U.S. Backs Iraq-Syria Oil Pipeline to Bypass the Strait of Hormuz

Jul 15

China’s Refinery Runs Crash to Pandemic Lows as Crude Imports Collapse