News

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

OilPrice·Jun 4·1 min read

Venezuela’s Debt Overhaul Faces New Controversy

The ongoing struggle over Venezuela's sovereign debt restructuring highlights the complex intersection of geopolitical sanctions, state-backed oil assets, and creditor claims. Despite prolonged US san

U.S. Oil Shocks Don't Hit Like They Used To, Fed Study Finds

A landmark study by the Federal Reserve Bank of Boston reveals that the historical correlation between crude oil price shocks and immediate U.S. economic recess

OilPrice·Jun 4

USA Crude Oil Stocks Drop by 8MM Barrels Week on Week

The massive 8-million-barrel draw in US commercial crude inventories represents a significant tightening of the physical market, far exceeding consensus expecta

Rigzone·Jun 4

World’s largest FLNG crosses the FID finish line with $5 billion committed

Delfin Midstream's positive final investment decision on its pioneering floating LNG vessel marks a watershed moment for the North American export market, trans

Offshore Energy·Jun 4

Delfin to Proceed with US' First Floating LNG Project

Delfin Midstream's decision to move forward with its $5 billion floating liquefied natural gas (FLNG) project off the coast of Louisiana marks a pivotal shift i

Rigzone·Jun 4
Jun 4

Coral Cyprus announces winners of latest Shell V-Power fuels promo activity

Jun 4

Cross‑border partnership sets its cap on offshore oil recovery boost

Jun 4

Velesto wins contract for NAGA 6 drilling rig in Thailand

Jun 4

Expro’s 20-year-old collaboration expanded through $25M contract extension

Jun 4

2017-built rig’s Asian multi-well drilling assignment awaits new start date

Jun 4

WoodMac Names Most Admired Explorer

Jun 4

India’s Nayara Completes Maintenance at 400,000-Bpd Refinery

Jun 4

New partnership targets subsea monitoring for floating wind and oil & gas

Jun 4

Conrad on the lookout for new CEO as Southeast Asian project edges closer to first gas