News

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

OilPrice·Aug 28·1 min read

Gas Prices in Asia and Europe Jump as Qatar Extends LNG Force Majeure

Global liquefied natural gas markets experienced sharp upward volatility following Qatar's decision to prolong delivery force majeure notices through November. This disruption is driven by persistent

Oil Shrugs Off Trump’s ‘Toughest Sanctions in History’

Crude benchmarks remained anchored near $90 per barrel despite the United States imposing severe new sanctions targeting Iranian petroleum exports. Market parti

OilPrice·Aug 28

Ukraine Drones Spark Fire at Russian Refinery as Fuel Crisis Worsens

Ukrainian long-range uncrewed aerial vehicles targeted the Slavneft-YANOS processing complex in Yaroslavl, triggering an emergency blaze at one of central Russi

OilPrice·Aug 28

WATCH: Allseas takes 17,200-ton North Sea giant ashore 42 years after first oil

Swiss offshore engineering specialist Allseas has executed the single-lift removal of a massive 17,200-tonne topside structure from a mature North Sea asset, co

Offshore Energy·Aug 28

USA Crude Oil Stocks Rise Slightly

Commercial crude inventories in the United States registered a modest expansion, reaching 428.9 million barrels according to official government tracking. This

Rigzone·Aug 28
Aug 28

Qatar Extends Force Majeure as Hormuz Crisis Still Blocks LNG Traffic

Aug 28

Viridien’s new reimaging mission bolstering US Gulf exploration drive

Aug 28

Mitico Declares Success at Thai Refinery Carbon Capture Demo

Aug 28

Goldman Says Gulf Oil Exports at 2/3 of Pre-War Level

Aug 28

Oil Selloff Outruns Reality in Hormuz

Aug 28

BP wraps up Caspian Sea platform turnaround ahead of schedule: Production ramp-up underway

Aug 28

Cyprus gas could fuel Egypt’s LNG comeback

Aug 28

Texas Oil Co Starts 92 Well New Mexico Drilling Program

Aug 28

Futura combines marine engineering, cable logistics and vessel services

Aug 28

L&T taps Technip Energies for engineering work on ADNOC’s major offshore gas project