Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
Two supertankers carrying Iraqi and Qatari crude oil have exited the Strait of Hormuz, en route to China. The shipments, ordered by Chinese energy majors, highlight China's continued demand for Middle
US crude oil inventories experienced a significant draw of 9.1 million barrels according to the API, exceeding analyst expectations of a 3.4 million-barrel draw
Oil prices (Brent and WTI) decreased due to market volatility influenced by renewed US threats against Iran. This geopolitical tension introduces uncertainty in
U.S. LNG exporters are requesting the European Union to delay the enforcement of its methane emissions regulations until at least 2028. The exporters argue that
Equinor and Eneco have signed a new long-term gas supply deal, highlighting the increasing reliance of Europe on Norwegian gas as it moves away from Russian sup