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  1. Cyprus’ Cronos Gas Find: Eni & Total At Odds Over Development Plan

    ...2017,” the government source tells MEES. “Maybe Total is unhappy that Cronos gas would go via Eni-operated facilities, potentially to an Eni-operated LNG export plant at Damietta, where it would have zero control over the gas,” the source speculates. Chevron had no such qualms when it fi...

    Volume: 67
    Issue: 42
    Published at Fri, 18 Oct 2024

  2. IEA Points To Lower Forever Oil Markets

    ...ve fallen to their lowest levels since at least 2017, it adds that “global refined product stocks have swelled to three-year highs, pressuring margins across key refining hubs.”  IEA SUPPLY & DEMAND FORECASTS, OCTOBER 2024 (MN B/D)                   OPEC SUPPLY & DEMAND FORECASTS, OC...

    Volume: 67
    Issue: 42
    Published at Fri, 18 Oct 2024

  3. Egypt: Record Gas Deficit With Output At 7-Year Low

    ...*August saw Egypt post a new gas deficit (output minus consumption) record of 1.85bn cfd, surpassing the previous month’s record of 1.74bn cfd (MEES, 20 September). Gas output continues to slump, dropping to 4.58bn cfd, the lowest since March 2017 and down over 1bn cfd year on year according to...

    Volume: 67
    Issue: 42
    Published at Fri, 18 Oct 2024