News

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

OilPrice·Jun 25·1 min read

Qatar Signs Crude Deal With Taiwan as Gulf Oil Trade Recovers

Qatar's state energy marketing arm has secured a term supply agreement for its flagship Al-Shaheen crude with a Taiwanese refining entity, marking a strategic consolidation of its Asian market share.

How much cheaper is fuel in Cyprus now compared to the Iran war peak?

The Cypriot government's decision to extend its fuel excise tax relief until the end of August 2024 coincides with a broader stabilization in global crude marke

In-Cyprus·Jun 25

Norwegian, Japanese geotechnical firms ink offshore wind cooperation agreement

The strategic partnership between the Norwegian Geotechnical Institute (NGI) and Japan's OYO Corporation represents a significant consolidation of specialized e

Offshore Energy·Jun 25

Natural Gas Prices Set to Ease as Qatar Restores LNG Output

The global liquefied natural gas (LNG) market is projected to stabilize and see price relief by the third quarter of the year, driven by the normalization of Qa

OilPrice·Jun 25

Modec bags work on Mozambique’s next FLNG development

Italian major Eni is accelerating its East African gas monetization strategy by securing critical long-lead mooring infrastructure from Modec for the Coral Nort

Splash247·Jun 25·ENI S.p.A.KOGAS
Jun 24

Qatar and the U.S. Warn EU of Gas Crunch Over Methane Regulation

Jun 24

Why Wet Coffee Grounds Might Be The Next Waste-To-Energy Goldmine

Jun 24

China’s Crude Imports Plunge To Lowest Level Since 2018

Jun 24

Oil Falls to Postwar Lows

Jun 24

Norway's Oil Output Beats Forecasts Again Despite Pullback from April Highs

Jun 24

Canada Building West’s First Grid-Scale SMR

Jun 24

Rosneft Proposes Oil Firms to Refine 30% of Crude in Russia to Ease Fuel Crunch

Jun 24

Saipem Divests Saudi Shallow Water Rigs

Jun 24

Moscow Refinery May Stay Offline Until 2027

Jun 24

U.S. Crude Inventories Post Another Major Draw