Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
Large crude oil tankers are reportedly accelerating their transit through the Strait of Hormuz, a critical global chokepoint for maritime oil trade. This observed increase in speed, reaching up to 17
TotalEnergies has significantly expanded its footprint in Namibia's promising offshore sector by acquiring a 42.5% operated interest in the PEL104 exploration l
TotalEnergies is strategically deepening its commitment to Namibia's burgeoning offshore oil and gas sector by securing additional exploration acreage. This mov
Global crude oil benchmarks are experiencing their initial weekly decline of the year, a direct consequence of the perceived de-escalation in military tensions
Shell's fourth-quarter earnings fell short of analyst projections, marking its lowest profit level since early 2021, primarily due to a downturn in global oil p