News

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

Offshore Technology·Jun 8·1 min read

Eni wins licence to explore offshore Block A1 in Gambia

Italian energy major Eni has secured the exploration rights for Block A1 in offshore Gambia, marking a strategic expansion of its West African footprint. This acquisition allows Eni to leverage its de

How DLE is turning oilfield wastewater into a valuable lithium source

The rapid adoption of Direct Lithium Extraction (DLE) technologies is transforming oilfield brine from a hazardous waste product into a highly lucrative source

Offshore Technology·Jun 8

Eni Gets Exploration Block offshore Gambia

Italian energy major Eni has secured a strategic offshore exploration block in the Gambia, marking a significant expansion of its West African footprint. This a

Rigzone·Jun 8·ENI S.p.A.

OPEC+ Approves Another Oil Output Hike for July

OPEC+ has greenlit a modest production increase of 188,000 barrels per day for July, continuing its strategy of gradual supply restoration despite heightened ge

OilPrice·Jun 8

Oil Prices Spike After Iran and Israel Exchange Missile Attacks

The direct exchange of missile strikes between Iran and Israel has injected a fresh geopolitical risk premium into global crude benchmarks, reversing recent bea

OilPrice·Jun 8
Jun 7

Post-War Oil Trade Could Look Nothing Like It Did Before Hormuz

Jun 7

OPAL Fuels, GFL Agree 2 Landfill Gas Projects

Jun 6

Oil Market Flying Blind as Dark Tanker Traffic Surges in Hormuz

Jun 6

UK Sees Risk of $100 Oil Until 2028

Jun 5

Survey Shows OPEC Output Plunges Further

Jun 5

Oil Retreats on Global Demand Fears

Jun 5

SPR Borrowers Owe Uncle Sam 40 Million Extra Barrels

Jun 5

US Drillers Continue to Add Oil Rigs

Jun 5

Bank of England Official Says Oil Crisis Clouds Rate Outlook

Jun 5

India Launches 85% Ethanol Fuel to Cut Oil Import Dependence