News

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

OilPrice·Jun 29·1 min read

Russia Adds New Vessel To Dark Fleet Amid Arctic 2 LNG Ramp Up

The deployment of the newly flagged 'Arctic Express' LNG carrier to load cargo from the Arctic LNG 2 project's floating storage unit signals Moscow's growing sophistication in bypassing Western sancti

ING: Oil Prices Have Overshot To The Downside

Crude oil benchmarks have retreated to pre-Ukraine war levels near $70 per barrel as geopolitical risk premiums evaporate amid reports of a potential diplomatic

OilPrice·Jun 29

Is Libya Quietly Becoming the Biggest Oil Prize the West Can’t Afford to Ignore?

Libya's National Oil Corporation is pushing to capitalize on OPEC's revised long-term demand forecasts by aggressively scaling up domestic crude production. Des

OilPrice·Jun 29

Pakistan Urgently Seeks LNG

Pakistan's emergency tender for prompt LNG delivery highlights the extreme vulnerability of developing South Asian economies to sudden maritime supply disruptio

Rigzone·Jun 29

North America Rig Count Rises for 8 Straight Weeks

The sustained eight-week expansion in the North American rig count signals a robust, supply-side response to stabilizing global crude prices and resilient domes

Rigzone·Jun 29
Jun 29

Gas boost offshore Libya as Eni and NOC’s project comes online

Jun 29

Hormuz Continues to See Traffic despite Fresh Concerns

Jun 29

PTO module assembly starts for BiMEP-destined wave energy unit ahead of October deployment

Jun 29

SBM Offshore places order for 13th multi-purpose floater hull to bolster its FPSO fleet

Jun 29

Eldorado Drilling Seals Vantage Acquisition

Jun 29

Vantage and Eldorado merger births ‘enhanced’ offshore drilling player

Jun 29

Oil Price Bubble Has Burst

Jun 29

Santos seals ten-year gas supply deal

Jun 29

Shell puts Chiyoda on support duty for potential upcoming projects

Jun 29

Cable for Malta’s second interconnector with Sicily ready for installation