News

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

OilPrice·Jun 17·1 min read

Global Gas Markets Get Another Boost as Australian LNG Strike Ends

The resolution of the labor dispute at Australia's Ichthys LNG export terminal removes a major source of supply anxiety for global gas markets ahead of the peak winter heating season. By securing a de

DFC, I Squared to Form $3B Platform to Expand US Energy Reach in Asia

The U.S. International Development Finance Corporation (DFC) and private equity firm I Squared Capital have partnered to launch a $3 billion investment platform

Rigzone·Jun 17

Oil steadies near three-month low amid US-Iran pact

Crude oil benchmarks have retreated to near three-month lows as financial markets react to emerging reports of a potential diplomatic breakthrough between Washi

Offshore Technology·Jun 17

PDVSA and Repsol sign deal to boost oil and gas output in Venezuela

The newly inked agreement between PDVSA and Spain's Repsol represents a strategic pivot in Venezuela's efforts to revive its decaying energy sector by leveragin

Offshore Technology·Jun 17

Qatar Prepares LNG Comeback Ahead of Hormuz Reopening

Qatar is repositioning its liquefied natural gas (LNG) fleet back toward the Persian Gulf in anticipation of the Strait of Hormuz reopening, signaling a potenti

OilPrice·Jun 17
Jun 17

ECOnnect tasked with jettyless transfer solution for Colombia’s new LNG terminal

Jun 17

EnerMech delivers offshore pipeline scope for ExxonMobil Australia

Jun 17

China’s Gasoline Car Market Is Crashing as Fuel Prices Surge

Jun 17

Transocean rig pair lines up two drilling jobs in Norway and Australia

Jun 17

Norwegian firm rigging vessel for CSEM campaign

Jun 17

Equinor aims for output of 2.3mboe/d by 2030 in new growth plans

Jun 17

China Bets on Ultra-Deep Shale Gas to Boost Energy Security

Jun 17

Oil Tankers Reverse Course on Hopes of Hormuz Reopening

Jun 16

US Crude Oil Inventories Down Again, Losing 52 Million Barrels in 9 Weeks

Jun 16

Egypt Clears $6 Billion in Energy Debt and Opens Door to a New Gas Boom