News

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

OilPrice.com·Feb 10·1 min read

The Iraqi Megaproject No One Thought Would Happen Is Racing To Completion

TotalEnergies' ambitious US$27 billion integrated energy project in Iraq is reportedly nearing substantial completion, with key components ranging from 80% to 95% finished. This significant developmen

US Crude Oil Inventory Build Pressures Prices

The American Petroleum Institute (API) reported a substantial increase in U.S. crude oil stockpiles for the week ending February 6, indicating a potential imbal

OilPrice·Feb 10

Oil Edges Down

The global oil market experienced a minor downturn following a volatile trading period, reflecting ongoing uncertainty among traders regarding future supply-dem

Rigzone·Feb 10

German Oil Refinery Sounds Alarm Over U.S. Sanctions Risk

A major German oil refinery, PCK Schwedt, majority-owned by Russia's Rosneft, has privately alerted the German government to the immediate risk of U.S. sanction

OilPrice·Feb 10

From pause to regular order: US LNG policy under Trump

A potential future Trump administration is signaling a significant shift in US liquefied natural gas (LNG) export policy, moving from the current cautious appro

Daily Sabah·Feb 10
Feb 10

Five Scenarios for Iran and What They Would Mean for Oil Markets

Feb 10

As U.S. Drilling Cools, Oilfield Service Firms Chase Middle East Demand

Feb 10

Shell Not Rushing to Buy Assets to Boost Reserves

Feb 10

Equinor Looks Overseas to Keep the Barrels Flowing

Feb 10

India Moves Against the Shadow Fleet With First-Ever Tanker Seizures

Feb 10

Equinor Divesting Full Onshore Position in Vaca Muerta Basin

Feb 10

USA Boards Venezuela-Linked Oil Tanker

Feb 10

Oil Markets on Edge as Washington and Tehran Drift Toward Confrontation

Feb 10

Cyprus returning European money for LNG terminal

Feb 10

BP Q4 2025 underlying RC profit falls 32% to $1.5bn