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

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OilPrice·Jun 4·1 min read

U.S. Oil Shocks Don't Hit Like They Used To, Fed Study Finds

A new study by the Federal Reserve Bank of Boston reveals that U.S. oil shocks no longer trigger economic recessions as they did in the 1970s. This shift is primarily due to the U.S. becoming a major

USA Crude Oil Stocks Drop by 8MM Barrels Week on Week

US commercial crude oil inventories, excluding the Strategic Petroleum Reserve (SPR), decreased by 8 million barrels for the week ending May 29, bringing total

Rigzone·Jun 4

World’s largest FLNG crosses the FID finish line with $5 billion committed

Delfin Midstream has reached a final investment decision (FID) for its first floating LNG (FLNG) vessel, representing a $5 billion commitment for its offshore L

Offshore Energy·Jun 4

Delfin to Proceed with US' First Floating LNG Project

Delfin has announced a $5 billion investment to proceed with a Gulf Coast project that will become the first floating liquefied natural gas (FLNG) facility in t

Rigzone·Jun 4

Coral Cyprus announces winners of latest Shell V-Power fuels promo activity

Coral Cyprus, operating under the Shell brand, recently concluded a consumer promotion for its premium V-Power fuels, offering trips to Barcelona as prizes. Thi

Cyprus Mail·Jun 4·Shell plc
Jun 4

Cross‑border partnership sets its cap on offshore oil recovery boost

Jun 4

Velesto wins contract for NAGA 6 drilling rig in Thailand

Jun 4

Expro’s 20-year-old collaboration expanded through $25M contract extension

Jun 4

2017-built rig’s Asian multi-well drilling assignment awaits new start date

Jun 4

WoodMac Names Most Admired Explorer

Jun 4

India’s Nayara Completes Maintenance at 400,000-Bpd Refinery

Jun 4

New partnership targets subsea monitoring for floating wind and oil & gas

Jun 4

Conrad on the lookout for new CEO as Southeast Asian project edges closer to first gas

Jun 4

Oil prices edge lower after Israel-Lebanon ceasefire agreement