Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
Moscow has vehemently condemned the European Union's proposed permanent ban on Russian oil imports, with Foreign Ministry spokeswoman Maria Zakharova labeling the initiative as 'madness.' This strong
Italian energy major Eni reported a significant increase in its oil and gas production during the fourth quarter, driven by the successful startup of multiple n
SBM Offshore, a leading global provider of Floating Production Storage and Offloading (FPSO) vessels, reported a significant 25% decrease in its net profit for
Eni has officially sanctioned a significant project to transform its conventional refinery in Pavia, Italy, into a facility dedicated to biofuel production. Thi
The European Union is advancing a proposal to prohibit maritime services that facilitate Russia's seaborne crude oil exports. This measure is poised to dispropo