News

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

Offshore Energy·Mar 2·1 min read

AF Offshore and Heerema tasked with removing 39,500-ton North Sea platform

A significant North Sea oil and gas platform, weighing 39,500 tons, has been slated for removal by a joint venture comprising AF Offshore Decom and Heerema Marine Contractors. This project underscores

Ukrainian Drones Strike Major Russian Oil Export Hub on Black Sea

Ukrainian forces have conducted a drone strike on a critical Russian oil terminal at Novorossiysk, a major Black Sea export hub, resulting in a fire at an oil d

OilPrice·Mar 2

Chevron awards Leviathan module fabrication contract to Hanwha Ocean

Chevron's award of a module fabrication contract to Hanwha Ocean marks a crucial step forward for the Leviathan Expansion Project. This development signals a ta

Offshore Technology·Mar 2·Chevron Corporation

New milestone for Shell’s project bolstering US Gulf energy infrastructure hub

Shell's initiative to bolster the resilience of Port Fourchon in the US Gulf of Mexico has reached a significant construction milestone with the load-out of ini

Offshore Energy·Mar 2·Shell plc

Goldman: Asian and European LNG Prices Could Jump 130%

Escalating geopolitical tensions in the Middle East are causing significant disruptions to liquefied natural gas (LNG) shipments, particularly those transiting

OilPrice·Mar 2
Mar 2

Analysts See $100 Oil on Strait of Hormuz Disruption

Mar 2

Oil Prices Soar Amid Escalating Middle East Conflict

Mar 2

UK confirms drone struck RAF Akrotiri in Cyprus; no casualties reported

Mar 2

China’s Oil Buying Spree May Be Running Out of Steam

Mar 1

BP Boosts Shale Output in Pivot to Global Upstream Growth

Mar 1

Middle Eastern Oil Giants Accelerate Multibillion-Dollar Clean Energy Push

Mar 1

OPEC+ Approves Modest Output Hike as Iran War Jolts Oil Markets

Mar 1

The Battle to Bring Green Steel to Market

Mar 1

IMEC may offer Cyprus a rare geostrategic opportunity

Feb 28

OPEC+ Weighs Shock Output Surge as Iran Conflict Rattles Oil Markets