News

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

OilPrice·Sep 10·1 min read

Clean Hydrogen Investment Tops $130 Billion

Escalating geopolitical instability in key hydrocarbon-producing regions has propelled clean hydrogen from a purely climate-focused initiative into a vital pillar of national energy security strategie

Oil Tanker Rates Hit Record Highs as Middle East Shipping Risks Soar

Surging geopolitical instability across Middle Eastern maritime chokepoints has propelled crude tanker chartering costs to historic peaks as operators reroute t

OilPrice·Sep 10

Argent LNG, Albania sign MoU for coastal LNG terminal

Albania has entered into an initial framework with US-based developer Argent LNG to study the feasibility of constructing a major coastal import and regasificat

Offshore Technology·Sep 10

India Calls for Bigger Biofuel Push as Oil Prices Soar

In response to escalating geopolitical volatility across the Middle East and consequent oil price spikes, high-level Indian policymakers are urging an accelerat

OilPrice·Sep 10

Odfjell Drilling’s new rig busy until 2031 thanks to deal with Vår Energi

Odfjell Drilling has secured a long-term Letter of Award with Norwegian operator Vår Energi, effectively locking in continuous employment for a newly acquired o

Offshore Energy·Sep 10
Sep 10

Enbridge to buy Tallgrass crude oil transport business for $2.5bn

Sep 10

Australia Softens Gas Reservation Rule for LNG Exporters

Sep 10

Naming ceremony held for new LNG carrier built by Samsung Heavy Industries

Sep 10

Oil Holds Above $100 as U.S.-Iran Tanker War Escalates

Sep 10

WTI Breaks $100—and This Rally Has Legs

Sep 9

U.S. Crude Stocks Edge Lower as Oil Tops $100

Sep 9

U.S. Administration Eyes Venezuela’s Critical Minerals

Sep 9

Belarus Refineries Post Decade-High Profits Amid Russia's Fuel Crisis

Sep 9

USA Oil, Gas Workforce Figures Buck Trend

Sep 9

Sapphire Expands Southwest Presence into LNG Production