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

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OilPrice·Jul 15·1 min read

U.S. Gasoline Prices Could Hit $4 Per Gallon Within Days

A sharp 12% surge in global crude benchmarks, triggered by the collapse of U.S.-brokered ceasefire negotiations in the Middle East, is rapidly transmitting to retail fuel markets. This geopolitical ri

Korean shipyard hosts naming ceremony for QatarEnergy’s 174,000-cbm LNG carrier

QatarEnergy has officially named its latest 174,000-cubic-meter LNG carrier at the HD Hyundai Heavy Industries shipyard in South Korea, marking another mileston

Offshore Energy·Jul 15·qatar-petroleum

Ukraine Says It Hit Russian Oil, Gas Tankers in Black Sea

The recent Ukrainian drone and missile strikes targeting Russian oil and gas tankers in the Black Sea mark a critical escalation in the militarization of commer

Rigzone·Jul 15

U.S. Backs Iraq-Syria Oil Pipeline to Bypass the Strait of Hormuz

The United States has signaled strategic backing for the rehabilitation of the long-dormant Kirkuk-Baniyas pipeline, a move aimed at establishing an alternative

OilPrice·Jul 15

China’s Refinery Runs Crash to Pandemic Lows as Crude Imports Collapse

China's refining sector has experienced a severe contraction, with June throughput plunging to levels not seen since the height of the 2020 pandemic. This drama

OilPrice·Jul 15
Jul 15

The Next Oil Rally May Depend On China, Not The Middle East

Jul 14

Canada Ties New West Coast Pipeline to Oil Sands Expansion

Jul 14

US Crude Oil, Gasoline Inventories Still Falling

Jul 14

Dangote's Dollar Shift Reveals Nigeria's Bigger Oil Problem

Jul 14

EU’s Arctic LNG appetite hits new high with €5.96 billion bill for 136 Russian cargoes in H1 2026

Jul 14

Golar LNG tasks Axess with work on FLNG pair bound for South American project

Jul 14

AIM-listed player seeks to widen gas horizons with exploration permit offshore New Zealand

Jul 14

Chesapeake Utilities unveils $1.2bn Florida Energy Pathway plan

Jul 14

Iran Sneaks 12 Million Barrels Past Renewed U.S. Oil Blockade

Jul 14

SLB OneSubsea wins EPC contract for Baleine phase three