News

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

Offshore Energy·Feb 9·1 min read

AET to grow multi-fuel fleet with order for its first hybrid-electric, ethanol-ready tanker

Global tanker operator AET has placed an order for its inaugural hybrid-electric, ethanol-ready vessel, signaling a significant step in its fleet decarbonization strategy. This move underscores the br

Major oil & gas operators facing 48-hour strike across multiple UK offshore assets

Over 400 offshore personnel employed by Bilfinger UK are poised to initiate a 48-hour strike next week across numerous UK Continental Shelf installations. This

Offshore Energy·Feb 9

ADNOC Gas Q4 2025 net income decreases 15% to $1.2bn

ADNOC Gas reported a notable decline in its fourth-quarter 2025 net income, experiencing a 15% reduction compared to the previous year's corresponding period. T

Offshore Technology·Feb 9

Australian Energy Regulator’s final decision says consumers are better off with Marinus Link

The Australian Energy Regulator (AER) has delivered a crucial final decision, affirming that the Marinus Link interconnector project is in the best interest of

Offshore Energy·Feb 9

North America Increases Rig Count

North America's latest weekly rotary rig count, compiled by Baker Hughes, indicated a marginal increase of just one active drilling unit. This minor adjustment

Rigzone·Feb 9
Feb 9

Multi-year time charter duo strengthens BW LPG’s presence in VLGC market

Feb 9

ADNOC Gas Announces 'Record' Net Income

Feb 9

Eni’s Congo LNG Phase 2 Begins Exports with First LNG Cargo (Video)

Feb 9

India’s 2026 LNG imports set to grow nearly 10% YOY: IGX CEO

Feb 9

Namibia Refuses to Recognize TotalEnergies Oil Acquisition

Feb 9

More Indian Refiners Take Venezuelan Oil

Feb 9

Mitsui eyes stake in QatarEnergy’s North Field expansion

Feb 9

ADNOC and RWE diving into new LNG opportunities as multiple deals boost Germany – UAE energy cooperation

Feb 9

Fratelli Cosulich’s first in four-vessel methanol-ready bunker tanker series hits the water

Feb 9

New episode: autonomous robotics in oil and gas – Q&A with Equinor and ANYbotics