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

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OilPrice·Mar 24·1 min read

Europe Sleeps as Global Gas Markets Reach a Boiling Point

The article suggests a significant shift in the transatlantic alliance, with Europe potentially viewing the relationship with the US as one of leverage rather than partnership, impacting energy securi

Oil Rally Gives Russia an Excuse to Delay Crucial Budget Reform

Russia is delaying planned reforms to its budget rule due to the recent surge in oil prices. This decision postpones efforts to reduce the country's reliance on

OilPrice·Mar 24

Saudi Pushes White House to Prolong Iran War as Brent Tops $100

The article alleges that Saudi Arabia is privately encouraging the White House to maintain pressure on Iran, despite publicly advocating for regional stability.

OilPrice·Mar 24

Sable Offshore rises as Chevron says planning to buy oil for California refinery

Chevron is reportedly planning to purchase oil from Sable Offshore for its California refinery. This suggests a potential shift in sourcing strategies or a favo

Seeking Alpha Energy·Mar 24·Chevron Corporation

New episode: AI in oil and gas, use cases in upstream, midstream, downstream

This Offshore Technology article highlights a podcast episode focusing on the application of Artificial Intelligence (AI) across the oil and gas value chain, fr

Offshore Technology·Mar 24
Mar 24

Tanker Rates for Red Sea-Loading Saudi Crude Plunge

Mar 24

North America Drops 21 Rigs Week on Week

Mar 24

easyJet sees fares rising and bookings shifting away from Cyprus

Mar 24

Santos shuts Darwin LNG plant amid Middle East supply disruption

Mar 24

Cyprus weighs fuel tax cut as EU governments race to shield consumers from Iran war price hikes

Mar 24

Valaris drillship spins the drill bit at Equinor’s $9 billion Brazilian gas project

Mar 24

Second UK CO2 storage licensing round yields interest for over 2 million North Sea acres

Mar 24

TotalEnergies Exits US Offshore Wind Market in Favor of Gas

Mar 24

This Is Not a Textbook Oil Shock

Mar 24

As Paratus closes its jack-up shop, Borr Drilling’s Mexican JV welcoming five rigs