Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
Scientists are developing a novel oil spill cleanup method that utilizes controlled, giant fire tornadoes (blue whirls) to burn off spilled crude oil more efficiently. This technology aims to mitigate
Algeria is launching its 2026 hydrocarbon bidding round amid favorable geopolitical conditions, including elevated energy prices driven by Middle Eastern instab
Portfolio managers and traders have been steadily increasing their short positions in oil futures since early April, signaling a growing complacency toward Midd
The International Energy Agency (IEA) and BMI have projected a counterintuitive decline in global oil investment by 2026, despite the current high-price environ
Oil prices experienced an upward movement following warnings from US President Donald Trump regarding potential military actions against Iran. This escalation i