News

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

OilPrice·5d ago·1 min read

Norway’s Oil Output Falls Nearly 200,000 Bpd as Gulf Supply Crisis Drags On

Preliminary data from the Norwegian Offshore Directorate indicates that Norway's crude oil production dropped to 1.776 million barrels per day in July, representing a significant monthly decline of ne

Tajikistan Turns to Iran for Oil as Russian Fuel Supply Collapses

Tajikistan has formally approached Iran to secure crude oil and refined petroleum products following severe domestic fuel shortages triggered by Russian export

OilPrice·5d ago

Norway Posts Higher Monthly Gas Production

Preliminary official figures show Norwegian natural gas output reached approximately 12.38 billion cubic feet per day in July, marking a second consecutive mont

Rigzone·5d ago

Transocean’s 16-year-old drillship lands $300M job with India’s ONGC

Offshore drilling giant Transocean has secured a substantial multi-year fixture valued at approximately $300 million with India's state-backed exploration champ

Offshore Energy·5d ago

USA Crude Oil Stocks See Another Build

Commercial crude inventories in the United States recorded another consecutive increase, reaching 428.8 million barrels according to the latest Energy Informati

Rigzone·5d ago
5d ago

Asia to spearhead global upcoming conventional refineries growth additions by 2030

5d ago

Monumental Closes In on New Exploration Block in New Zealand

5d ago

Oil Giants Eye Jurassic Rocks off Mexico

5d ago

Equinor to Enter Namibia by Joining Chevron Exploration Campaign

5d ago

Who Were the Top USA Drillers, Customers in 1Q 2026?

5d ago

EIA Sees Oil Crunch in 2026, Glut in 2027

5d ago

Horizon announces first gas from Sinphuhorm Pad D in Thailand

5d ago

CN Energy begins oil production at Cold Lake project, Alberta

5d ago

Oil India keeps Dolphin Drilling’s rig on offshore assignment through October 2026

5d ago

Oil India keeps Dolphin Drilling’s rig on offshore assignment through October