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

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OilPrice·Mar 16·1 min read

Sinopec Slashes Refining Runs as Hormuz Disruption Squeezes Crude Supply

China's largest refiner, Sinopec, has reportedly scaled back its crude processing rates by 10%, equating to a significant half-million barrels per day reduction. This operational adjustment is a direc

Jera, Kogas seal new LNG cooperation deal

Japan's Jera and South Korea's Kogas, two of the world's preeminent liquefied natural gas (LNG) importers, have formalized a new cooperation agreement aimed at

LNG Prime·Mar 16·KOGAS

TotalEnergies sees limited impact on LNG trading activities after Qatar shutdown

TotalEnergies, a leading global energy major, has indicated that recent production interruptions in Qatar's liquefied natural gas facilities have had only a min

LNG Prime·Mar 16·TotalEnergies SE

Oil Prices Remain Volatile as Hormuz Tensions Rise

Global oil markets are experiencing renewed volatility as the United States seeks to establish an international naval presence in the Strait of Hormuz. This dip

OilPrice·Mar 16

Middle East Crisis Could Triple Pakistan’s Oil Import Bill

A future defense pact between Pakistan and Saudi Arabia, slated for September 2025, could significantly escalate regional tensions by drawing Pakistan into any

OilPrice·Mar 15
Mar 15

How the Iran War Could Reshape Global Energy Policy

Mar 15

U.S. Intervention in Venezuela Could Help Solve Colombia’s Energy Crisis

Mar 15

Iran war only exacerbates Cyprus’ underlying economic challenges

Mar 15

Equinor to Supply Biomethanol to Wallenius Wilhelmsen

Mar 14

Futures Market Misreads the Hormuz Oil Shock

Mar 14

Jet Fuel Prices Soar as War in Iran Ripples Through Global Aviation

Mar 14

Greece Ratifies Major Offshore Gas Exploration Deal with Chevron

Mar 14

Trump’s Alaska Energy Revival Hits a Wall as Auction Draws Zero Bids

Mar 14

Oil at $100 Promises Boon for Algeria