News

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

OilPrice·Jul 10·1 min read

China Tightens Its Grip on Namibia's Next Energy Boom

Beijing is proactively cementing its influence over Namibia's emerging energy landscape before the African nation achieves first oil. By signing eight comprehensive bilateral agreements, China is posi

Oil’s Calm Is Over as Middle East Risks Return

A sharp escalation in military exchanges between the United States and Iran has shattered the oil market's recent period of relative stability, driving Brent cr

OilPrice·Jul 10

Russian Fuel Disruptions Push Central Asia Into an Energy Crisis

Ukrainian drone strikes targeting Russian refining infrastructure have triggered an immediate fuel supply crisis across Central Asia, exposing the region's deep

OilPrice·Jul 10

IEA Chief Urges EU to Drop Arctic Drilling Ban

In an unexpected policy shift, the head of the International Energy Agency has publicly called on the European Union to reconsider its 2021 ban on Arctic hydroc

OilPrice·Jul 10

Turkey, Turkish Cypriots sign deal for natural gas pipeline

The signing of a Memorandum of Understanding (MoU) between Ankara and the Turkish Cypriot administration to construct a subsea natural gas pipeline marks a high

Cyprus Mail·Jul 10
Jul 10

UAE Oil Output Hits All-Time High, Doubling Pre-Crisis Levels

Jul 10

Venezuela Breaks Up Oil Monopoly Under New Rules

Jul 10

Chevron signs new five-year WA gas supply deal with Alinta Energy

Jul 10

Oil Prices Rally on Renewed Hormuz Supply Risks

Jul 10

Nord Stream Loses Landmark Insurance Case as War Exclusion Prevails

Jul 10

Following merger with Eldorado, Vantage Drilling exits Euronext Growth

Jul 10

EIA Cuts 2026, 2027 USA Gasoline Price Projection

Jul 10

Dutch cable services firm moves closer to Baltic clients with hub in Sweden

Jul 10

Baker Hughes wins contracts for Cheniere’s Sabine Pass LNG expansion