Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
Western oil majors, notably from the U.S., UK, France, and Italy, are demonstrating a renewed willingness to invest in Libya, despite persistent security risks. This strategic pivot is primarily drive
Persistent lower oil prices, specifically around $60 per barrel, are significantly eroding the robust earnings European supermajors enjoyed in 2022 and 2023. Th
Global crude oil prices experienced an uptick following reports of a drone incident, which subsequently intensified market anxieties regarding the security of t
The United Nations is actively exploring a new international framework for tax collection, specifically targeting the global oil and gas industry to generate fu
The American Petroleum Institute's latest data indicates a substantial drawdown in U.S. crude oil stockpiles, far exceeding the previous week's reduction, prima