News

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

Offshore Energy·Jul 13·1 min read

Harbour enriches its UK North Sea oil & gas portfolio with Waldorf buy

Harbour Energy has finalized its acquisition of Waldorf Production's UK subsidiaries, consolidating its position as the dominant independent operator in the UK North Sea. This strategic consolidation

Partnership set up in Norway to accelerate deployment of innovative OBN tech

Norwegian geoscientific giants TGS and Magseis Fairfield (now part of TGS) have solidified a strategic partnership to accelerate the commercial deployment of ne

Offshore Energy·Jul 13

European Natural Gas Prices Jump on Hormuz Escalation

A sudden escalation of geopolitical tensions near the critical Strait of Hormuz chokepoint has triggered a sharp spike in European wholesale gas markets. The im

OilPrice·Jul 13

Oil and LNG Tankers Go Dark Again as Hormuz Crisis Deepens

A sharp escalation in regional tensions has forced oil and liquefied natural gas (LNG) carrier operators to resume the practice of turning off their Automatic I

OilPrice·Jul 13

Oil Prices Surge 4% as U.S.-Iran Escalation Rekindles Supply Fears

A severe escalation in the Middle East has triggered a sharp 4% spike in global crude benchmarks following direct military confrontations between U.S. forces an

OilPrice·Jul 13
Jul 13

Iran Strikes 5 Gulf Countries as Regional Escalation Continues

Jul 12

Big Oil’s War-Related Profits Anger Governments

Jul 11

The Next Bull Market Could Be Built on Inventory Replenishment

Jul 11

The Escalating Energy War Between California and the White House

Jul 11

Can Colombia’s New Government Reverse the Nation’s Oil and Gas Decline?

Jul 11

Birol Urges EU to Reconsider Arctic Drilling Moratorium

Jul 10

Kazakhstan Extends Petroleum Export Ban Six Months as Hormuz Tensions Flare

Jul 10

IEA Says UAE Oil Output Surged to Record High in June

Jul 10

US Oil, Gas Drillers Hang Back in Volatile Market

Jul 10

Cyprus decries Turkey’s energy MoU with north