News

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

OilPrice·Jun 5·1 min read

Oil Markets Stop Believing Trump’s Peace Narrative

The recent military strikes targeting energy infrastructure in Kuwait and Oman have shattered market optimism regarding a potential diplomatic breakthrough between the United States and Iran. Despite

Oil India identifies natural gas in second Andaman offshore well

State-run Oil India Limited has successfully encountered natural gas at its Vijayapuram-3 exploratory well in the Andaman shallow waters, marking a consecutive

Offshore Technology·Jun 5

Bilfinger Offshore Workers Striking Over Pay

Contracted offshore workers represented by the Unite union have initiated strike action against Bilfinger on key North Sea production platforms, threatening to

Rigzone·Jun 5

Trump Auction Opens Arctic Refuge Drilling Rights for First Time Ever

The Trump administration's decision to open the Coastal Plain of the Arctic National Wildlife Refuge (ANWR) to oil and gas leasing represents a historic shift i

OilPrice·Jun 5

Arctic Refuge Auction Will Test Oil Industry Appetite

The push to open Alaska's Arctic National Wildlife Refuge (ANWR) to oil and gas leasing represents a highly controversial regulatory pivot aimed at unlocking ma

Rigzone·Jun 5
Jun 5

Australia's 344-Million-Barrel Oilfield Could Finally Get the Green Light

Jun 5

Altera & Ocyan JV passes FPSO operatorship baton to Karoon

Jun 5

UK Conservatives Blast Labour North Sea Ban as 'Utter Madness'

Jun 5

Mermaid Maritime sets up joint venture in Singapore to reactivate existing vessel

Jun 5

Strike Averted as About 8,000 Workers offshore Norway Win Pay Raise

Jun 5

Why Is Oil Still Under $100?

Jun 5

Malaysia's Oil Production Fell 5.5% in Q1

Jun 5

Oil prices fall as Oman says Mina al Fahal exports running normally

Jun 5

First of five methanol retrofits completed under Seaspan and Hapag-Lloyd’s collab

Jun 5

SBM Offshore shedding partial stake in Gulf of Mexico-bound FSO