News

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

Rigzone·May 27·1 min read

BP Chair Says He Was Fired Without Explanation

Former BP Plc Chairman Albert Manifold claims he was terminated from his position without any prior warning or justification. This sudden departure raises questions about the internal dynamics and pot

Middle East Crisis Accelerates U.S.-Thailand LNG Supply Talks

Disruptions to LNG shipments from the Middle East, specifically Qatar, have spurred Thailand to accelerate discussions with the U.S. regarding long-term LNG sup

OilPrice·May 27

Oil Settles Below $89 On Deal Hopes

Oil prices decreased, settling below $89, due to speculation surrounding a potential peace agreement between the US and Iran. This anticipation suggests a possi

Rigzone·May 27

Can Armenia Break Free From Russia’s Orbit?

The article discusses Armenia's attempts to reduce its reliance on Russia, particularly in the energy sector, by seeking support from the US and EU. This shift

OilPrice·May 27

Strategists Predict Week on Week USA Crude Stock Drop

Macquarie strategists predict a decrease in U.S. crude oil inventories for the week ending May 22. This forecast suggests a potential tightening of the crude oi

Rigzone·May 27
May 27

Hafnia Posts Higher Q1 Profit

May 27

Republican Hardliner Beats Incumbent Texas Oil Regulator in Runoff Vote

May 27

Afentra to operate KON4 block in Angola’s Kwanza basin

May 27

RWE to carry out pre-installation survey at Vanguard West OWF site

May 27

China's CNOOC Starts Production at Bohai Sea Oilfield

May 27

Digitalization, AI in Upstream Oil, Gas is '$500B Opportunity'

May 27

Cyprus petroleum sales fall amid fuel price pressures

May 27

U.K. Energy Bills to Jump 13% as Gas Shock Hits Households

May 27

Impact Oil & Gas to split Namibia and South Africa portfolios

May 27

Baker Hughes secures expanded Santos Basin contract