News

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

Rigzone·2d ago·1 min read

LNG Made Up 45 Percent of EU Gas Imports in 2025

The European Union's energy landscape has undergone a permanent transformation, with Liquefied Natural Gas (LNG) now commanding nearly half of the bloc's total gas imports. This milestone, highlighted

Oil Market is Attempting a System Reboot

Global investment bank J.P. Morgan has characterized the current state of the global oil market as undergoing a fundamental 'system reboot' as structural shifts

Rigzone·2d ago

DOF vessel finds more work in Australia

Norway's DOF Group has secured a new subsea construction and pre-commissioning support contract in Australia, highlighting the sustained global demand for speci

Offshore Energy·2d ago

TotalEnergies, BluEnergies enhancing Liberia’s oil & gas offshore exploration prospects

TotalEnergies and Canadian independent BluEnergies are advancing offshore exploration in Liberia, signaling a renewed industry appetite for frontier basins in W

Offshore Energy·2d ago·TotalEnergies SE

India Resumes Iraqi Oil Imports Despite Hormuz Shipping Risks

India's state-controlled refiners have resumed purchasing Iraqi crude oil requiring transit through the volatile Strait of Hormuz, signaling a calculated return

OilPrice·2d ago
2d ago

UAE’s giant LNG project lines up new deal as Inpex and ADNOC strengthen ties

2d ago

ADNOC and Inpex sign 15-year LNG sales deal for Ruwais project

2d ago

Another contract extension with Ocean Installer for Solstad’s advanced CSV

2d ago

Ontario, Alberta unveil proposed Hardisty-to-Sarnia oil pipeline route

2d ago

Shell Signals Oil and Gas Trading Windfall in Q2 Amid Iran War

2d ago

Gasoline Sees 3rd Most Expensive Independence Day Ever

2d ago

4 Million Barrels of Saudi Crude Set to Transit Strait of Hormuz

2d ago

Equinor to acquire bp’s stake in Bay du Nord offshore Canada

2d ago

Gulf Oil Exporters Slash Prices as Buyers Gain the Upper Hand