News

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

OilPrice·Mar 3·1 min read

How Chevron’s New Deals Could Transform Iraq’s Production Outlook

U.S. energy giant Chevron has recently secured two significant oil agreements in Iraq, a move that follows the mandated departure of Russian energy companies from key Iraqi projects. This development

Sanctioned Russian LNG Tanker Explodes in Mediterranean — A First of Its Kind?

A Russian-flagged liquefied natural gas (LNG) tanker, the Arctic Metagaz, operating under U.S. and UK sanctions, suffered an explosion and subsequent fire in th

OilPrice·Mar 3

TRIPP Transport Corridor in Jeopardy as Iran War Escalates

Escalating US-Israeli military actions targeting Iran are placing the TRIPP transport corridor in jeopardy, raising significant concerns for Armenia and Azerbai

OilPrice·Mar 3

Canada’s Heavy Crude Tightens as Hormuz Risk Ripples Through Global Markets

Geopolitical instability in the Middle East is causing a rapid recalibration of global crude oil supply chains, leading to a significant strengthening of Canadi

OilPrice·Mar 3

Iran war: Oil price surge to hit Cyprus electricity bills, economist warns

Escalating military tensions in the Middle East are causing a sharp increase in global oil and natural gas prices. This market volatility is projected to signif

In-Cyprus·Mar 3
Mar 3

UAE Reports Major Fire at Fujairah Oil Hub

Mar 3

The End of Energy Security as We Knew It

Mar 3

UK Gas Prices Have Nearly Doubled This Week

Mar 3

Oil is Iran's Weapon of Choice

Mar 3

GEL Starts Up UK's First Geothermal Plant

Mar 3

USA Has No Immediate Plan to Tap Oil Reserve

Mar 3

Singapore firm pens multi-year LNG deal with Venture Global

Mar 3

QatarEnergy turns off LNG and downstream production taps

Mar 3

Former UK Trade Commissioner takes newly created Deputy CEO role at JDR

Mar 3

Probe into North Sea rig incident ends