Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
Global crude oil tanker rates have surged to multi-year highs, initially at the close of 2025, then rebounding in the current month after a brief January dip. This significant increase is attributed t
Turkey's state-owned energy company, TPAO, has initiated ultra-deepwater oil drilling operations in the Horn of Africa following a significant offshore hydrocar
Eni has announced a significant gas and condensate discovery offshore Côte d’Ivoire, specifically with the Murene South-1X well in Block CI-501. This find, name
The global crude oil benchmark, West Texas Intermediate, experienced a price decline, settling close to $62 per barrel. This movement reflects market anticipati
The energy industry is grappling with the implications of renewables becoming the dominant technology for electricity generation, leading to a fundamental displ