News

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

Offshore Energy·Jun 18·1 min read

Vår Energi on portfolio reshaping spree: $460M acquisitions, swaps and divestments

Norwegian independent Vår Energi is aggressively restructuring its Norwegian Continental Shelf (NCS) portfolio through a series of strategic transactions valued at $460 million, including the acquisit

Keyera takes full ownership of KAPS Pipeline in $860m deal

Midstream giant Keyera has consolidated its control over a critical piece of Canadian energy infrastructure by buying out Stonepeak's 50% stake in the KAPS pipe

Offshore Technology·Jun 18

Oil Prices Slide After U.S. and Iran Sign Ceasefire Agreement

The formal signing of a ceasefire agreement between the United States and Iran to reopen the Strait of Hormuz has triggered a sharp decline in global crude benc

OilPrice·Jun 18

The Invisible Energy Crisis Threatening to Derail the AI Boom

The rapid expansion of artificial intelligence infrastructure is colliding with global power grid constraints, exposing a critical vulnerability in Big Tech's g

OilPrice·Jun 18

State of Global Oil Inventories Ruins Iran Peace Optimism

Despite a recent downward trend in crude benchmarks pushing Brent below the $80 threshold, underlying physical market indicators reveal a tightening global supp

OilPrice·Jun 17
Jun 17

Crude Stabilizes After Sharp Selloff

Jun 17

How the Oil Sands Became the Lowest-Cost North American Producer

Jun 17

Kazakhstan Bets $10 Billion on AI With Nvidia-Backed Data Center Valley

Jun 17

IEA Sees Massive Oil Surplus In 2027 As Middle East Supply Returns

Jun 17

Iraq Readies to Boost Oil Exports When Hormuz Reopens

Jun 17

US Lower 48 shale plays continue to flourish amid geopolitical uncertainties

Jun 17

ExxonMobil joins Vopak–Transnet JV to progress South Africa’s LNG import terminal

Jun 17

Bass Oil concludes purchase of Vanessa gas field in Cooper Basin

Jun 17

$15.7 billion floating LNG project on Canada’s horizon as Kanata partners with Hanwha Ocean

Jun 17

CLNE to Deliver LNG Systems for 2 Power Projects in Puerto Rico