News

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

OilPrice·Jun 21·1 min read

Hormuz Crisis Sparks a Middle East Pipeline Boom

The unprecedented disruption of energy flows through the Strait of Hormuz has shattered the long-held industry assumption that the chokepoint was too critical to ever be fully blockaded. In response,

Equinor Expands Giant Troll Field as Europe Hunts for More Gas

Equinor's $390 million investment to expand the iconic Troll field represents a tactical move by Norway to cement its position as Europe's primary energy anchor

OilPrice·Jun 21

Braskem Presses on with Petrochemicals Growth Plans

Brazilian petrochemical major Braskem is aggressively pushing forward with capacity expansion plans despite facing severe financial distress and navigating an e

Rigzone·Jun 21

Energy Security, Not Climate Goals, Is Now Driving the Clean Power Boom

The recent disruption in the Strait of Hormuz has fundamentally shifted the global energy transition narrative from environmental altruism to hard-nosed nationa

OilPrice·Jun 20

Iraq Is Keeping Its Syria Oil Route—Even If Hormuz Reopens

Iraq is strategically diversifying its export logistics by establishing a permanent crude oil and naphtha transit route through Syria's Mediterranean port of Ba

OilPrice·Jun 20
Jun 19

Oil Rises as Iran Talks Are Delayed

Jun 19

Why Lunar Helium-3 Mining Still Can't Compete With Earth

Jun 19

The Real Reason BP Is Retreating From the North Sea

Jun 19

Israel and Hezbollah Truce Gives Oil Markets a Reason to Pause

Jun 19

Russia Is Rationing Fuel in Moscow After Drone Strikes

Jun 19

Kuwait Says Oil Output Could Hit 2 Million Bpd Within a Week

Jun 19

Why Oil Prices Are Falling Even as Tankers Remain Trapped

Jun 19

Equinor to Boost Troll Gas Output with $412 Million Subsea Development

Jun 19

Vitol Supplies Emergency Fuel to Zambia in IMF-Opposed Deal

Jun 19

Oil Markets Need More Than a Peace Deal to Recover