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

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Offshore Energy·Apr 7·1 min read

Fresh gas and condensate find pops up in Egyptian waters

Italian energy major Eni has announced a new significant gas and condensate discovery in Egyptian waters, signaling further strengthening of Egypt's position as a regional energy hub. This find is not

ENI S.p.A.

Aker BP Starts Production at Symra in Norwegian North Sea

Aker BP has commenced production at the Symra field in the Norwegian North Sea. This development is significant as it opens up a new area and reservoir type wit

Rigzone·Apr 7

Oil Market Maintains Cautiously Bullish Bias

The oil market is currently exhibiting a cautiously bullish sentiment, according to Naeem Aslam, CIO at Zaye Capital Markets. This suggests a prevailing expecta

Rigzone·Apr 7

China to be at the forefront of global propylene demand in 2026

The article states that China is projected to lead global propylene demand by 2026, driven by urbanization, a large manufacturing sector, and investments in pro

Offshore Technology·Apr 7

Eni strikes more gas off Egypt

Eni has announced another substantial gas and condensate discovery in Egyptian waters, further solidifying its dominant position in the East Mediterranean's hyd

LNG Prime·Apr 7·ENI S.p.A.
Apr 7

Oil prices jump as US deadline nears for Iran to reopen Hormuz

Apr 7

Seadrill secures contract extension for West Polaris in Brazil

Apr 7

ADNOC Assures Customer Supply despite Habshan Pause

Apr 7

India’s Fuel Consumption Climbs Even as LPG Supplies Tighten

Apr 7

25‑year licence extension opens doors to output and investment boost at BW Energy’s asset

Apr 7

Halliburton, Petronas, Valaris sign SCA for Suriname offshore assets

Apr 7

India Back to Buying Venezuelan Crude

Apr 7

Dolphin Drilling lines up new gig to keep its rig busy until August 2030

Apr 7

Same figures, opposite conclusions: the fight over the fuel tax cut

Apr 7

South Korea Scrambles to Secure Oil Beyond Hormuz