News

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

OilPrice·Jun 12·1 min read

U.S. To Build Its First Ever Floating LNG Export Terminal

The United States is planning to construct its first-ever floating liquefied natural gas (FLNG) export terminal, building upon its position as the world's leading LNG exporter. This development repres

Rotterdam's Growing Oil Storage Fraud Problem Is Costing Traders Millions

Fraudsters are increasingly targeting the Port of Rotterdam, one of the world's largest oil hubs, using highly sophisticated paper fraud, fake websites, and cou

OilPrice·Jun 11

Iraq's Energy Sector Faces Its Most Important Test in Decades

Iraq's energy sector is undergoing a critical transition where the traditional focus on crude oil production and OPEC quotas is being overshadowed by broader st

OilPrice·Jun 11

The Reliability Crisis Utilities Don't Want to Talk About

The article highlights a growing reliability crisis in the power sector driven by rapid demand growth from AI data centers, slow transmission expansion, and ext

OilPrice·Jun 11

Oil Falls to April Lows on Trump Signals

Crude oil prices have dropped sharply to their lowest levels since April following signals from Donald Trump regarding potential progress toward a peace deal wi

Rigzone·Jun 11
Jun 11

9 Billion BOE on the Table as Kazakhstan Opens Biggest Licensing Round in Years

Jun 11

Hanwha Ocean-built FPSO’s oil offloading opens revenue flows for Petrobras

Jun 11

Greek LNG Buyer Says Long Term USA Deals Getting Harder

Jun 11

USA Gasoline Prices Drop for 4 Straight Weeks

Jun 11

EnQuest makes $833 million play to expand its Southeast Asian oil & gas arsenal

Jun 11

Dangote Refinery Seeks to Raise $1B in Private Debt Sale

Jun 11

Alberta Says It's Talking with Fortune 500 Co to Finance Pipeline

Jun 11

ExxonMobil puts Shearwater on seismic duty offshore Guyana

Jun 11

Scottish player ships 60-ton subsea structure for Norwegian oil & gas playground

Jun 11

India Secures Crude Supply Through August with Higher UAE Imports