News

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

Rigzone·Mar 18·1 min read

Eni Approves Indonesia Projects Set to Deliver 2 Bcfd of Gas

Eni has given final investment approval for significant new gas and condensate projects in Indonesia, signaling a strategic move to substantially boost its global production capacity by 2028. This sub

Cyprus inflation among lowest in EU as energy prices fall

Cyprus has achieved a notable economic milestone by recording one of the lowest inflation rates in the European Union for February 2026. This deflationary trend

Cyprus Mail·Mar 18

Oil prices dip as Iraqi exports resume through Ceyhan

Oil prices experienced a slight dip on Wednesday due to the resumption of Iraqi oil exports through the Ceyhan port in Turkey. This agreement between the Iraqi

Offshore Technology·Mar 18

Two Flex LNG vessels on duty until 2032 and one ship up to 2041

Flex LNG has announced contract extensions for two of its LNG carriers until 2032 and a new assignment for another vessel extending until 2041. This secures lon

Offshore Energy·Mar 18

EU Gets Ukraine Nod to Jointly Restore Druzhba Oil Flows

Ukraine has agreed to restore oil flows through the Druzhba pipeline to Hungary and Slovakia following pressure from EU officials. This decision is linked to th

Rigzone·Mar 18
Mar 18

SLB OneSubsea wins EPC contract from CNOOC for offshore wells

Mar 18

JP Morgan Flags Oil Price 'Misalignment'

Mar 18

Minesto’s microgrid-scale tidal energy powerplant begins producing in Faroe Islands

Mar 18

Bristow’s helicopter pair tasked with flights across Norwegian oil & gas fields

Mar 18

ConocoPhillips issues buyout notice for 3D Energi’s VIC/P79 stake

Mar 18

China Poised to Tap Vast Oil Stocks, FGE Says

Mar 18

Fire at Libya’s Sharara Field Triggers Oil Flow Reroute

Mar 18

Iraq and Kurdistan Strike Deal to Restart Key Oil Pipeline

Mar 18

U.S. Has Used Up Most Options to Soften the Oil Price Shock

Mar 17

Standard Chartered Predicts Oil Prices Will Remain Higher For Longer