News

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

OilPrice·Aug 13·1 min read

Mexico Has More Refining Capacity. So Why Are Fuel Imports Rising?

Mexico's state-run energy giant Pemex is struggling to convert expanded downstream capacity into actual fuel independence due to chronic operational inefficiencies and refinery downtime. Despite major

India Seeks More USA LPG

State-owned oil marketing companies in India are actively negotiating term supply agreements to import larger volumes of liquefied petroleum gas (LPG) from the

Rigzone·Aug 13

Oil Falls as Iran Talks Remain Stalled

Global crude benchmarks shifted lower as market participants weighed ongoing diplomatic friction surrounding Iran against expanding domestic crude stockpiles in

Rigzone·Aug 13

Russia’s Diesel Exports Crash to Multiyear-Low amid Tight Global Market

Russian seaborne diesel and gasoil shipments have experienced a dramatic contraction, plummeting to approximately 80,000 barrels per day during the opening week

OilPrice·Aug 13

The Struggle to Build the TAPI Gas Pipeline Through Afghanistan

Efforts to advance the Turkmenistan-Afghanistan-Pakistan-India (TAPI) natural gas pipeline continue to face severe inertia despite recurring political declarati

OilPrice·Aug 13
Aug 13

Jefferies: Diesel Cracks Reveal the Real Oil Market Squeeze

Aug 13

MOL puts bow on six-vessel newbuilding program with final LNG carrier delivery

Aug 13

Presidio Forms AI Engineering Team

Aug 13

Golar LNG signs $2.5bn agreement for fourth floating LNG vessel

Aug 13

TotalEnergies handpicks Daewoo E&C for work on LNG project in Oceania

Aug 13

Golar LNG accelerates FLNG expansion with new $2.45 billion order

Aug 13

USA Gasoline Price Breaks Records

Aug 13

Bernhard closes acquisition of natural gas utility NMGC from Emera

Aug 12

Russia Daily Oil Production Almost 1MM Barrels Below OPEC+ Quota

Aug 9

Cyprus trapped in a quagmire where the price of peace keeps rising