News

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

OilPrice·Feb 25·1 min read

Indian Refiners Pivot From Russian to Venezuelan Crude

Indian refiners, led by Reliance Industries, are diversifying their crude oil sourcing by re-engaging with Venezuelan supplies, specifically through Chevron, after a hiatus. This strategic pivot is a

Kosmos Energy Sells Producing Assets in Equatorial Guinea

Kosmos Energy has strategically divested its producing oil and gas assets in Equatorial Guinea, signaling a clear shift in its regional portfolio focus. This mo

Rigzone·Feb 25

Cyprus repeats support for Ukraine at UN general assembly

Cyprus, currently holding the rotating presidency of the Council of the European Union, has reaffirmed its unwavering support for Ukraine. This commitment was a

Cyprus Mail·Feb 25

Metlen, Shell ink LNG pact

Greek energy major Metlen has formalized a Memorandum of Understanding with global LNG powerhouse Shell, securing future liquefied natural gas deliveries to key

LNG Prime·Feb 25·Shell plc

UK Hits Russian Oil Fleet with Biggest Sanctions in Years

The United Kingdom has significantly escalated its economic pressure on Russia by imposing its most extensive sanctions in years against 175 entities associated

Rigzone·Feb 25
Feb 25

Wison secures maintenance gig for Eni’s Nguya FLNG

Feb 24

U.S. Crude Stockpile Surge Weighs on Oil Prices

Feb 24

Carbon Credits Helped Power the “100% Clean” Olympic Winter Games

Feb 24

How the EU Could Unlock 22 Trillion Cubic Feet of Barents Gas

Feb 24

Pipeline Disruption Adds Risk Premium to Russian Crude

Feb 24

Shale Giant Says Threat of Oil Glut Is Receding

Feb 24

Nigeria to Launch Exports of New Crude Grade as It Boosts Output

Feb 24

Moscow Reroutes Oil to China on Largest Vessels After India Slowdown

Feb 24

Eni’s new Sinai well begins crude production at 1,500 barrels per day

Feb 24

Technip and partners win contract for Coral Norte FLNG project