Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Oil prices slumped by $10 per barrel in a month, from above $90 Brent in early April to the low $80s, as tensions in the…
The OPEC+ group is still studying whether to raise oil production but it would act on supply if necessary, Russian Deputy Prime Minister Alexander Novak…
Uniper has appealed an injunction by a Russian court that says that the German energy giant needs to pay as much as $15 billion (14…
Lower oil and gas prices and a prolonged refinery outage in the United States dragged down BP’s earnings for the first quarter to below analyst…
Fuel consumption in India jumped by 6.1% in April compared to the same month last year, official data showed on Tuesday, as demand in the…
Oil and gas companies have boosted offshore drilling in recent months, finding large resources in the newest exploration hotspots and aiming to develop huge low-cost,…
China has added more than 34 gigawatts (GW) of nuclear power capacity over the past decade as new installations surge, the U.S. Energy Information Agency…
French prosecutors have opened an investigation into supermajor TotalEnergies for possible involuntary manslaughter for failing to protect its subcontractors during a deadly attack in Mozambique close…
China’s state-owned energy giant Sinopec is in talks with Pembina Pipeline Corporation over buying a stake in a planned Canadian LNG project and an offtake…
BP is expected to reverse a previous commitment to reduce oil and gas production by the end of the decade amid a broader pivot in…
The United States says Russia is violating UN-imposed limits on total shipments of fuels to North Korea, signaling it is preparing more sanctions against entities…
Commodity giant Glencore has held early internal discussions about making a potential approach for mining giant Anglo American, which has just rejected an initial takeover…
A limited supply of heavy crude is pushing up heavy crude oil prices and refining costs globally, which could raise costs for shipping and road…
Amid a lack of signs of easing the tensions in the Red Sea and the Suez Canal, disruptions to global shipping in the area could…
A U.S.-based biotechnology firm is using carbon-eating bacteria to turn emissions from steel mills, refineries, and other heavily polluting industrial processes into ethanol and chemicals,…
Norway saw cash flow from its stakes in oil and gas fields nearly halve in the first quarter of 2024 compared to the same period…
Australian Retirement Trust, which manages $183 billion (AUS$280 billion) of retirement savings, is placing thermal coal on its exclusion list as of July 1, as…
Helped by higher crude and product trading profits and increased refining margins, Shell (NYSE: SHEL) smashed earnings estimates for the first quarter of the year…
Devon Energy Corp (NYSE: DVN) raised its production guidance for 2024 after topping first-quarter earnings estimates as its production exceeded expectations and more than offset…
Permian producers are not shutting in oil wells with associated natural gas despite the fact that the Texas regional gas price has been stuck at…