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

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Rigzone·Mar 20·1 min read

USA Crude Oil Stocks Rise More Than 6MM Barrels WoW

U.S. crude oil inventories, excluding the Strategic Petroleum Reserve (SPR), increased by over 6 million barrels week-over-week, reaching 449.3 million barrels as of March 13, according to the EIA. Th

Cyprus fuel prices set to rise further, petrol station chief warns

Cyprus is bracing for continued increases in domestic fuel prices, according to the head of the island's petrol station owners, reflecting broader global energy

In-Cyprus·Mar 20

Offshore vessel charging tech developer plans commercial rollout in UK

Stillstrom, a Maersk-backed company, is planning a commercial rollout of its offshore vessel charging technology in the UK. This initiative aims to provide a su

Offshore Energy·Mar 20

No final word on fuel tax cuts as Cyprus tracks Middle East escalation

Cyprus's Finance Minister, Makis Keravnos, has confirmed the government is actively preparing various economic contingency plans to counter potential fallout fr

Cyprus Mail·Mar 20

Japanese player to pour $500 million into EIG’s LNG business

Idemitsu Kosan, a Japanese company, is investing $500 million into MidOcean Energy, an LNG business managed by EIG Global Energy Partners. This investment signa

Offshore Energy·Mar 20
Mar 20

Transocean, Noble, COSL, Seadrill, and Valaris pinpointed as rig backlog powerhouses

Mar 20

MOL buying into Deutsche Offshore Schifffahrt and newbuild C-CSOVs

Mar 20

Lidl Cyprus invests over €1.3 million for the expansion its store in Mouttagiaka

Mar 20

Oil prices drop as US and allies aim to secure Strait of Hormuz

Mar 20

Eni approves FIDs for Indonesian deep‑water gas projects

Mar 20

IEA Oil Release Set to Exceed Agreed Volume

Mar 20

South Asia’s $107 billion LNG gamble facing finance and energy supply threats amid Middle East conflict

Mar 20

UK: Lloyd’s Register certifies another remotely operated uncrewed vessel

Mar 20

Malaysian shipowner scoops up eight new vessel gigs

Mar 20

Japan Weighs Stockpiling U.S. Crude to Strengthen Energy Security