Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
The article highlights significant disruptions in global energy flows, particularly in LNG and crude oil, due to the Hormuz crisis and subsequent supply losses. This has led to government intervention
The article discusses how rising gasoline prices in the US are causing consumers to change their driving habits, including increased use of public transportatio
Oil prices decreased following signals from Trump indicating potential progress in negotiations towards an Iran nuclear deal. This development raises the prospe
Vitol has surpassed Shell to become one of the top physical gas traders in the U.S., based on regulatory filings. This shift indicates a change in the competiti
Norwegian offshore oil production surpassed expectations in April, reaching 2.158 million barrels per day, which is 6.7% higher than forecasted. This increase i