News

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

OilPrice·Jun 29·1 min read

Australian Gas Exploration Surges as Energy Security Takes Center Stage

Australia's natural gas exploration spending has surged to a ten-year high, driven by heightened global energy security concerns following geopolitical instability in the Middle East and Europe. This

Oil Markets Are Pricing A Supply Surge That Isn’t Guaranteed

The crude oil market is experiencing a sharp downward correction driven by trader expectations of a massive supply surge following a 60-day US-Iran ceasefire ag

OilPrice·Jun 28

China Eyes a Major Opportunity in Post-War Iran

China is strategically positioning itself to spearhead post-conflict reconstruction in Iran, leveraging diplomatic channels to secure preferential, long-term ac

OilPrice·Jun 28

Europe Averts Jet Fuel Chaos

Europe has successfully mitigated a potential aviation fuel supply crisis through a strategic combination of maximized domestic refining runs and diversified im

Rigzone·Jun 28

One of Texas' Oldest Oil Plays Is Running Dry

The depletion of the historic Buda Limestone formation beneath the Eagle Ford shale marks a symbolic and physical transition in the Texas onshore energy landsca

OilPrice·Jun 27
Jun 27

Turkey Pushes Bold Global Plan to Electrify 35% of Energy Use by 2035

Jun 26

The Billion-Dollar Debt Deals Exposing an Oil Giant

Jun 26

UK Grid Issues Another Supply Warning

Jun 26

Crude Falls On Rising Gulf Supplies

Jun 26

US Drillers Add Oil, Gas Rigs As Hormuz Transit Resumes

Jun 26

Equinor Pulls Out of Japan’s Offshore Wind Market

Jun 26

Brent Erases Iran War Premium as Hormuz Flows Show Signs of Recovery

Jun 26

Russia’s Fuel Crisis Is Pushing the Kremlin Toward Kazakhstan

Jun 26

Baghdad Hosting EU Energy Talks After Iraq Floats OPEC Exit

Jun 26

EIA Sees USA Energy Demand Dropping in 2026, Rising in 2027