Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
Iran's Islamic Revolutionary Guard Corps (IRGC) Navy recently seized two vessels near Farsi Island, alleging they were engaged in large-scale fuel smuggling. This action, reported by ISNA, comes amids
Shell's CEO, Wael Sawan, has publicly indicated the company is actively evaluating multibillion-dollar investments in Venezuela's offshore natural gas sector, w
Venezuela's ruling regime has unveiled a legal framework designed to privatize its national oil industry, effectively dismantling PDVSA's long-standing state mo
Cyprus President Nicos Christodoulides has announced an anticipated agreement with Israel in 2026 for the Aphrodite gas field's development and exploitation. Th
Russia is deepening crude oil discounts for Chinese refiners as India, a key buyer since Western sanctions, begins to reduce its purchases, reportedly influence