Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
Brazilian state-run energy major Petrobras has made a notable offshore discovery near the Amazon River mouth, drawing strong political backing from President Luiz Inácio Lula da Silva. The Equatorial
Crude oil benchmarks surged toward the $94-per-barrel threshold as heightened geopolitical friction between Washington and Tehran injected a substantial risk pr
Recent disruptions to Middle Eastern transit corridors like the Strait of Hormuz tested Europe's energy resilience, yet built-up gas storage and emergency mecha
Continental Resources, founded by U.S. shale pioneer Harold Hamm, has reached a definitive agreement to acquire a 50% stake in an Argentine shale producer from
Chinese refiners have intensified their procurement of Russian seaborne crude, effectively crowding out Indian buyers who had previously dominated these discoun
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