News

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

Rigzone·Jun 11·1 min read

USA Gasoline Prices Drop for 4 Straight Weeks

The continuous four-week decline in United States retail gasoline prices reflects a temporary misalignment between robust domestic refinery runs and softening seasonal consumer demand. While this down

EnQuest makes $833 million play to expand its Southeast Asian oil & gas arsenal

London-listed independent EnQuest is executing a major strategic pivot to deepen its footprint in Southeast Asia through a substantial $833 million acquisition

Offshore Energy·Jun 11

Dangote Refinery Seeks to Raise $1B in Private Debt Sale

The 650,000 barrel-per-day Dangote Refinery in Nigeria is tapping private debt markets for up to $1 billion to bolster its working capital and refinance existin

Rigzone·Jun 11

Alberta Says It's Talking with Fortune 500 Co to Finance Pipeline

Alberta's provincial government is in preliminary discussions with an unnamed Fortune 500 corporation to fully finance and construct a major new pipeline projec

Rigzone·Jun 11

ExxonMobil puts Shearwater on seismic duty offshore Guyana

ExxonMobil's deployment of Shearwater GeoServices' advanced Distributed Acoustic Sensing (DAS) technology in Guyana's Stabroek block represents a significant sh

Offshore Energy·Jun 11·ExxonMobil
Jun 11

Scottish player ships 60-ton subsea structure for Norwegian oil & gas playground

Jun 11

India Secures Crude Supply Through August with Higher UAE Imports

Jun 11

USA Commercial Crude Oil Stocks Down Over 7MM Barrels WoW

Jun 11

Oil Could Hit $150 If U.S.-Iran Ceasefire Collapses

Jun 11

Oil prices rise as US-Iran tensions intensify amid Hormuz closure

Jun 11

Rystad Warns Oil May Climb Towards $150

Jun 11

Taihan Cable signs HVDC cooperation agreements with Jan De Nul and Boskalis

Jun 11

Japan Taps Reserves and New Suppliers to Beat the Oil Blockade

Jun 11

Saipem wins $1bn contract for Uthmaniyah gas plant in Saudi Arabia

Jun 11

20-year LNG deal between Petronas and JERA strengthens Japan’s energy security