Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
High-sulfur fuel oil (HSFO) prices have seen a significant increase, reportedly by 40%, primarily impacting the crucial Singapore bunkering hub. This surge is attributed to severe supply constraints i
The UK's offshore energy industry, represented by OEUK, recently engaged with the Chancellor to emphasize the critical need for long-term policy decisions aimed
Global energy major Shell has strategically expanded its upstream portfolio by securing new exploration agreements in both Venezuela and Kazakhstan. This move s
Japanese shipping giant K-Line has strategically established a new intermediate holding company designed to centralize the oversight of all its ship management
Libya's National Oil Corporation (NOC) has successfully brought the Sarir refinery's gasoline production back online after a three-year operational hiatus. This
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