News

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

Rigzone·Mar 10·1 min read

Trump Teases Early End to Iran War

Former President Donald Trump recently suggested that the United States and Israel are making substantial headway in their strategic confrontation with Iran, hinting at a potential resolution in the n

Aramco Raises Dividend, Launches $3B Buyback

Saudi Aramco has opted to enhance shareholder returns by increasing its dividend and initiating a $3 billion share buyback program. This strategic decision come

Rigzone·Mar 10

Saudi Aramco Profits Fall 12% to $104.7 Billion as Oil Prices Weigh

Saudi Aramco, the world's largest oil producer, reported a 12% decline in net profits to $104.7 billion for the fiscal year, a result primarily attributed to th

OilPrice·Mar 10

Iran Warns No Oil Will Leave the Middle East Until U.S. and Israeli Attacks Stop

Iran has issued a significant warning, threatening to block all oil exports from the Middle East unless the United States and Israel cease their military action

OilPrice·Mar 10

Oil Prices Tumble After Trump Signals Iran War Could End Soon

Global crude oil prices experienced a significant decline in early Asian trading on Tuesday, reversing a sharp rally from the previous day. This market shift wa

OilPrice·Mar 10
Mar 10

Cyprus dam levels remain low despite rainfall

Mar 10

Energy Equities Mixed Despite Oil’s Biggest Rally Since 2022

Mar 9

The Chokepoint Economy: What Happens When Everything Breaks at Once

Mar 9

Oil Shock Spreads Through Global Economy

Mar 9

Oil Slides Late After Massive Price Swings

Mar 9

America's Abandoned Coal Mines Could Become Giant Underground Batteries

Mar 9

G7 Nations Delay Strategic Oil Reserve Release Decision

Mar 9

Iran war: Cyprus fuel prices to rise for weeks, petrol owners’ chief warns

Mar 9

Oil Price Shock Could Worsen If U.S. Seizes Iran’s Strategic Oil Island

Mar 9

Why $100 Oil Isn’t Going to Spark a New Shale Boom