News

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

OilPrice·Jan 31·1 min read

EU Faces Hard Choices after LNG “Wake-Up Call”

The European Union is signaling a strategic shift in its energy policy, with its energy commissioner expressing concern over the bloc's increasing reliance on liquefied natural gas (LNG) from the Unit

Greece Warns Shipowners Against Sailing Near Iran Coast

Greece has issued a cautionary directive to its extensive fleet of vessel owners, advising them to maintain distance from Iran's coastline. This move by the nat

Rigzone·Jan 30

Analyst Reveals 'Market Consensus' for Next OPEC+ Meeting

The global oil market is keenly anticipating the upcoming OPEC+ ministerial meeting, slated for Sunday, where key decisions regarding future production quotas a

Rigzone·Jan 30

3 GW Egypt-Greece interconnector receives €9.56M grant for further studies

The European Commission has allocated a substantial grant of €9.56 million to advance preparatory studies for the 3 GW Egypt-Greece electricity interconnector.

Offshore Energy·Jan 30