Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
TotalEnergies capitalized on heightened geopolitical volatility in the Middle East by doubling its oil trading profits to approximately $1 billion during the first quarter of 2024. The French supermaj
Beacon Offshore Energy's successful expansion in the deepwater Gulf of Mexico highlights the ongoing resilience and profitability of high-margin, short-cycle su
Spanish utility giant Iberdrola has successfully tapped the debt capital markets to secure $1.7 billion, demonstrating robust investor appetite for large-scale
The American Bureau of Shipping (ABS) has granted Product Design Assessment (PDA) certification to Encomara's 'Squid' subsea connector, a proprietary technology
Iran has initiated its first crude oil exports in sixty days, successfully navigating past the U.S. naval blockade outside the strategic Strait of Hormuz. This
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