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

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Offshore Energy·Jun 16·1 min read

Equinor’s Norwegian Sea wildcat yields no hydrocarbons

Equinor's latest dry hole in the Norwegian Sea underscores the rising exploration risks in mature offshore basins where finding new, commercially viable reserves is becoming increasingly difficult. Ut

BW Opal FPSO completes interim performance test for Barossa LNG

The successful completion of the Interim Performance Test (IPT) for the BW Opal FPSO marks a critical technical milestone for Australia's high-stakes Barossa ga

Offshore Technology·Jun 16

ConocoPhillips Set to Become First U.S. Major to Sign Post-War Syria Gas Deal

ConocoPhillips is reportedly poised to break a long-standing impasse in Syria's energy sector by partnering with Novaterra Energy to develop domestic gas fields

OilPrice·Jun 16

12-meter USV class secures MCA’s certification

The UK Maritime and Coastguard Agency (MCA) has officially certified ZeroUSV's 12-meter Oceanus class Uncrewed Surface Vessel (USV), marking a pivotal regulator

Offshore Energy·Jun 16

China’s Refinery Runs Hit Four-Year Low as Crude Imports Collapse

China's refining sector is experiencing a severe contraction, with run rates plunging to a four-year low of 66.3% in May amid a dramatic collapse in crude impor

OilPrice·Jun 16
Jun 15

New Estimates Challenge Assumptions About Lost Gulf Oil Supply

Jun 15

U.S. Average Gasoline Prices Slide Below $4 Per Gallon

Jun 15

Crude Extends Slide on Iran Accord

Jun 15

Venezuela’s Oil Exports Hit Seven-Year High as Global Buyers Return

Jun 15

JP Morgan: Falling Oil Prices A Massive Tailwind For Global Stock Markets

Jun 15

From Hormuz to Houston: The U.S. Takeover of Global Energy Flows Ramps Up

Jun 15

Danish Energy Trader Eyes U.S. Gas Markets After Trading Profits Collapse

Jun 15

Pemex CEO Set to Visit Brazil amid Talks of Joint Gulf Campaign

Jun 15

Venture Global Gets Enlarged Contract to Supply LNG to Greece

Jun 15

Petronas Farms Down Several Malaysian Assets