Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
QatarEnergy intends to declare force majeure on some of its long-term LNG supply contracts. This decision stems from disruptions affecting both LNG production and supply chains. The declaration could
Idemitsu, a Japanese energy company, is investing $500 million in EIG's MidOcean to enter the liquefied natural gas (LNG) business. This move signifies Idemitsu
ExxonMobil has awarded SBM Offshore contracts for FEED studies related to an FPSO for the Longtail project offshore Guyana. This award signifies continued progr
Shell's CEO, Wael Sawan, has cautioned that Europe is facing potential fuel shortages as early as April, citing tightening supplies of jet fuel, diesel, and gas
The Cypriot government is preparing an economic relief package to alleviate the financial burden on citizens from rising fuel prices, directly attributing the s
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