News

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

Cyprus Mail·Mar 13·1 min read

Cyprus fuel stocks stable – but outlook ‘can change overnight’

Cyprus currently reports adequate fuel reserves, providing a temporary buffer against ongoing energy market volatility stemming from the Persian Gulf. However, expert commentary highlights the inheren

Cyprus Business Now: tourism, hospitality, fuel, TechIsland, WISTA

The Employers and Industrialists Federation (Oev) recently affirmed Cyprus's status as a secure and dependable hub for global investment, business operations, a

Cyprus Mail·Mar 13

Worley selected for engineering work on Chevron’s Cyprus gas field

Chevron's Aphrodite gas field development offshore Cyprus has reached a crucial milestone with the selection of Australian engineering firm Worley. Worley will

Splash247·Mar 13·Chevron CorporationAphrodite

Oil Prices Dip as U.S. Opens Brief Window for Stranded Russian Crude

The United States has issued a temporary license permitting the purchase of Russian crude oil and petroleum products currently unable to reach market. This prag

OilPrice·Mar 13

Canadian Crude Cashes In on War Premium

Canadian oil producers are experiencing a significant and unexpected financial uplift, directly benefiting from the geopolitical instability and resulting war p

OilPrice·Mar 13
Mar 12

Only 3 U.S. Airlines Can Remain Profitable at Current Oil Prices

Mar 12

North Sea Drilling Won’t Protect Europe from Global Price Shocks

Mar 12

Brent Closes Above $100 Amid Gulf Crisis

Mar 12

USA to Release 172MM Barrels of Oil for IEA Relief Plan

Mar 12

Iran Warns Gulf Energy Assets Could Burn if Its Oil Facilities Are Targeted

Mar 12

How Venezuela’s Oil Industry Killed Lake Maracaibo

Mar 12

The UAE’s Energy Playbook Is Paying Off Amid Global Turmoil

Mar 12

Fujairah Oil Terminals Resume Operations After Drone Attack

Mar 12

Hormuz disruption could hit Cyprus beyond fuel prices, economist warns

Mar 12

Asia to spearhead global CDU capacity additions by 2030