News

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

OilPrice·Jun 15·1 min read

LNG Tanker Heads for Hormuz Amid News of Reopening

The movement of an LNG carrier toward the Strait of Hormuz signals immediate maritime relief following a tentative diplomatic breakthrough between the United States and Iran. This preliminary agreemen

East Med energy diplomacy returns to centre stage

The establishment of the East Med Energy Center (Emec) in Houston, backed by high-level representation from the United States, Greece, Cyprus, and Israel, signa

Cyprus Mail·Jun 15

Oil Prices Plunge as U.S. and Iran Reach Deal to Reopen Strait of Hormuz

The sudden reopening of the Strait of Hormuz following a diplomatic breakthrough between Washington and Tehran has triggered a sharp sell-off in global crude be

OilPrice·Jun 15

Alaska’s Untapped Oil Wealth Is Still Struggling to Find Investors

The article highlights the ongoing struggle to secure investment for Alaska's vast untapped oil reserves amid regulatory hurdles. The Biden administration's int

OilPrice·Jun 14

Damianos assures US support for GSI and natural gas extraction

Cyprus's Energy Minister, Michael Damianos, recently affirmed robust American backing for the island nation's comprehensive energy agenda, encompassing offshore

Cyprus Mail·Jun 14
Jun 13

Fuel Tax Changes Hit Six States As Energy Inflation Accelerates

Jun 13

The Promise and Peril of Jamaica’s Offshore Oil Ambitions

Jun 13

UK Sets January 2027 Deadline for Ban on Fuel Made From Russian Crude

Jun 13

Russia, China, and Iran Are Joining Forces Against Western Pressure

Jun 13

ExxonMobil Explores Acquisitions Including Woodside

Jun 12

The Oil Market Could Be Weeks From a Breaking Point

Jun 12

Oil Drops to Four-Month Low

Jun 12

The Hidden Supply Chain Behind Every SpaceX Launch

Jun 12

Pace of US Oil Drilling Inches Up

Jun 12

U.S. Military Helping Move 7 Million Bpd Out of Persian Gulf, Wright Says