News

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

Rigzone·Mar 14·1 min read

Oil at $100 Promises Boon for Algeria

Algeria, a significant North African energy producer with substantial oil and gas reserves, is poised for a major economic uplift if global crude prices reach $100 per barrel. This price point would s

Trump Bombs Iran’s Kharg Island and Threatens to Hit Oil Exports

The US President announced a military strike on Iran's Kharg Island, targeting military installations, coupled with a stark warning that Iran's critical oil exp

OilPrice·Mar 13

KOGAS Strengthens Energy Security with Canadian LNG Project

Korea Gas Corporation (KOGAS) is actively bolstering South Korea's energy security by increasing its involvement in the Canadian LNG sector. This strategic move

Hellenic Shipping News·Mar 13·KOGAS

How a Texas Oil Belt Became America's Next Lithium Frontier

A traditional oil-producing region in Texas is emerging as a significant new source for lithium, a critical metal for modern technology and clean energy. This d

OilPrice·Mar 13

The Myth of the Oil Glut Is Dead

The long-standing belief in a persistent global oil surplus, which has shaped market discourse for nearly a decade, is now being challenged. This represents a s

OilPrice·Mar 13
Mar 13

Bank of America: Sell Oil Above $100

Mar 13

The World’s Biggest Oil Supply Shock Is Now Unfolding

Mar 13

China’s Sinopec to Slash Refinery Rates amid Crude Supply Shock

Mar 13

US Drillers Add Oil, Gas Rigs As Brent Tops $100 For First Time in Years

Mar 13

Cyprus could begin producing natural gas for export by 2028, minister says

Mar 13

Iran Doesn’t Need a Navy to Threaten Global Oil Supply

Mar 13

Hormuz Crisis Forces Massive Saudi Oil Shut-In

Mar 13

Kazakhstan's Tengiz Oilfield Supply Uninterrupted Despite New Incident

Mar 13

WATCH: Jan De Nul to carry out ‘industry’s first’ simultaneous multi-cable installation for TenneT

Mar 13

USA Crude Oil Stocks Rise Almost 4MM Barrels WoW