News

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

OilPrice·Jun 9·1 min read

China’s Oil Imports Plummet to Eight-Year Low

China's crude oil imports have experienced a severe contraction, dropping to levels not seen since late 2017 as geopolitical friction in the Middle East disrupts critical maritime supply lines. This s

Technip and partners win EPCIC contract for Coral Norte FLNG project

The award of the EPCIC contract for the Coral Norte FLNG project marks a critical milestone in Mozambique's ascent as a global LNG powerhouse. By securing Techn

Offshore Technology·Jun 9

More LNG Tankers Slip Through the Strait of Hormuz

The successful passage of a fifth Qatari liquefied natural gas (LNG) carrier through the Strait of Hormuz since the escalation of regional hostilities signals a

OilPrice·Jun 9

How Fake News Could Send Oil Prices Soaring

The modern energy market is increasingly vulnerable to algorithmic trading triggered by unverified reports and synthetic media, which can cause immediate, volat

OilPrice·Jun 9

Risks to Red Sea Oil Exports Could Roil Oil Market Further

The recent military escalation between Iran and Israel has shattered market expectations of a diplomatic resolution, exposing deep trader complacency regarding

OilPrice·Jun 8
Jun 8

Global Economy Is One Oil Price Spike Away From Trouble

Jun 8

Texas Gas Drillers Shut Out of Oil Price Rally Shut Off Wells

Jun 8

Asia's Coal Demand to Jump 70 Million Tonnes in 2026 as LNG Shortfall Bites

Jun 8

Oil Climbs as Israel, Iran Pause

Jun 8

The Quiet Peak of the Internal Combustion Engine

Jun 8

Russia Slashes Oil Exports As Fuel Shortages And Drone Attacks Bite

Jun 8

Technip Energies’ assignment on Eni’s African FLNG bringing in above €1 billion

Jun 8

Texas RRC Reveals Latest Oil, Gas Output Figures

Jun 8

ECA LNG in Mexico Starts Production

Jun 8

Alaska Oil, Gas Lease Auction Draws Just 2 Bidders