News

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

Rigzone·Jun 15·1 min read

Crude Extends Slide on Iran Accord

The sudden announcement of an interim diplomatic agreement between the United States and Iran has triggered a sharp sell-off in global crude benchmarks. By focusing on the reopening and stabilization

Venezuela’s Oil Exports Hit Seven-Year High as Global Buyers Return

The anticipated surge in Venezuelan crude exports to a seven-year high marks a critical turning point in global oil geopolitics, driven by the easing of U.S. sa

OilPrice·Jun 15

JP Morgan: Falling Oil Prices A Massive Tailwind For Global Stock Markets

The recent downward trajectory of global crude prices is emerging as a pivotal macroeconomic catalyst, potentially triggering a broad-based equity market rally.

OilPrice·Jun 15

From Hormuz to Houston: The U.S. Takeover of Global Energy Flows Ramps Up

The global crude trade is undergoing a structural realignment as Western Hemisphere production, led by the United States, aggressively captures market share fro

OilPrice·Jun 15

Danish Energy Trader Eyes U.S. Gas Markets After Trading Profits Collapse

Danish energy trading house InCommodities, backed by Goldman Sachs, is pivotally shifting its strategic focus toward the physical US natural gas market followin

OilPrice·Jun 15
Jun 15

Pemex CEO Set to Visit Brazil amid Talks of Joint Gulf Campaign

Jun 15

Venture Global Gets Enlarged Contract to Supply LNG to Greece

Jun 15

Petronas Farms Down Several Malaysian Assets

Jun 15

Woodside quashes ExxonMobil merger rumors

Jun 15

Britain Intercepts Russian Oil Tanker Linked to Shadow Fleet

Jun 15

Equinor advances Johan Sverdrup phase four after new oil discoveries

Jun 15

First LNG Tanker Clears Hormuz After U.S.-Iran Deal Announcement

Jun 15

Johan Sverdrup Partners Eye Phase 4

Jun 15

China’s Return to the Oil Market Could Boost Inflation

Jun 15

Woodside Says No Takeover Offer from ExxonMobil