News

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

Offshore Energy·Mar 9·1 min read

CMA CGM completes its first and ‘China’s largest’ single biomethanol bunkering

French shipping major CMA CGM has successfully completed its inaugural biomethanol bunkering operation, which also marked China's largest single biomethanol bunkering event. This milestone demonstrate

Analyst Flags 'Incredible' Oil Price Moves

A prominent market analyst has characterized recent global oil price movements as "incredible," signaling a period of extreme volatility and unpredictability in

Rigzone·Mar 9

Hanwha Ocean delivers second of four VLCCs to DHT Holdings

DHT Holdings has taken delivery of the second of four Very Large Crude Carriers (VLCCs) from South Korean shipbuilder Hanwha Ocean. This event marks a significa

Offshore Energy·Mar 9

Oil prices surge 15% as Strait of Hormuz disruptions tighten supply

Global crude benchmarks experienced a significant upward movement on Monday, with prices climbing approximately 15% to levels not seen since mid-2022. This shar

Offshore Technology·Mar 9

Oil Prices Drop as the G7 Considers Releasing Up to 400 Million Barrels

G7 finance ministers are reportedly considering an emergency release of up to 400 million barrels from strategic oil reserves. This potential action aims to cou

OilPrice·Mar 9
Mar 9

Viridien on 3D seismic survey duty off Uruguay

Mar 9

Fears for ferry fare hikes as oil prices rise amid regional war

Mar 9

Bapco Invokes Force Majeure

Mar 9

Saudi Arabia Offers Rare Spot Crude as Strait of Hormuz Traffic Collapses

Mar 9

Bangladesh’s RPGCL seeks more spot LNG cargoes

Mar 9

Iraq’s Oil Output Plunges 70% as Gulf Shipping Crisis Deepens

Mar 9

Oil Prices Soar as Iran Conflict Threatens Middle East Supply

Mar 8

Energy policy that leaves consumers paying more

Mar 8

Monumental Starts Up First Project under New Partnership with NZEC