News

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

Offshore Technology·Jun 8·1 min read

How DLE is turning oilfield wastewater into a valuable lithium source

Oil and gas operators are increasingly adopting Direct Lithium Extraction (DLE) technologies to extract lithium from subterranean oilfield brines. This process transforms a traditional waste product—p

Eni Gets Exploration Block offshore Gambia

Italian energy major Eni has secured a new exploration block offshore Gambia, situated in a highly prospective region of the Atlantic margin. This acquisition i

Rigzone·Jun 8·ENI S.p.A.

OPEC+ Approves Another Oil Output Hike for July

OPEC+ has agreed to increase its collective crude oil production by an additional 188,000 barrels per day for July, bringing recent cumulative output hikes to n

OilPrice·Jun 8

Oil Prices Spike After Iran and Israel Exchange Missile Attacks

Oil prices surged following a direct exchange of missile strikes between Iran and Israel, which has significantly heightened geopolitical tensions in the Middle

OilPrice·Jun 8

Post-War Oil Trade Could Look Nothing Like It Did Before Hormuz

Persian Gulf oil exporters are actively working to reroute crude oil exports from maritime ports to overland pipelines to bypass potential chokepoints like the

OilPrice·Jun 7
Jun 7

OPAL Fuels, GFL Agree 2 Landfill Gas Projects

Jun 6

Oil Market Flying Blind as Dark Tanker Traffic Surges in Hormuz

Jun 6

UK Sees Risk of $100 Oil Until 2028

Jun 5

Survey Shows OPEC Output Plunges Further

Jun 5

Oil Retreats on Global Demand Fears

Jun 5

SPR Borrowers Owe Uncle Sam 40 Million Extra Barrels

Jun 5

US Drillers Continue to Add Oil Rigs

Jun 5

Bank of England Official Says Oil Crisis Clouds Rate Outlook

Jun 5

India Launches 85% Ethanol Fuel to Cut Oil Import Dependence

Jun 5

Oil Markets Stop Believing Trump’s Peace Narrative