Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
Venezuela's attempts to capitalize on renewed global demand for its heavy crude are being severely throttled by deteriorated domestic infrastructure rather than a lack of international buyers. Severe
Recent industry monitoring reveals a slight contraction in US upstream operational activity despite firming global crude benchmarks. Baker Hughes reported a net
Independent Chinese refiners, known as teapots, are curbing their intake of Iranian crude following intensified sanctions enforcement and maritime tracking pres
Global crude benchmarks are rapidly approaching the $100 per barrel threshold as a severe maritime bottleneck in the Persian Gulf disrupts supply flows. The imp
Ukrainian long-range uncrewed aerial systems have successfully targeted a major Lukoil-operated processing plant in the Perm region, marking one of the deepest