Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
European-born executives at Rosneft quit the Russian oil giant days before the EU sanctions banning European citizens from working at the state-held Russian firm entered…
The European Union is unlikely to reach a unanimous decision on the idea the U.S. has floated for cutting Putin's oil revenues—a tariff on Russian…
Oil prices were up early on Friday, headed for a small weekly gain, but a gain nevertheless—the fourth in a row—as gasoline and diesel supply…
Americans are driving more this year than in the same period in 2019, the last ‘normal’ year before COVID, despite the fact that U.S. gasoline…
Finland will become the third EU member state to see its Russian gas supply halted after refusing to pay in rubles for gas, as Gazprom…
As a growing number of economists and Wall Street bankers warn that a recession is coming later this year or next year, another camp of…
At least eight people were injured in an explosion and a fire on Thursday at a major 580,000-bpd refinery in South Korea, local news agency…
Centennial Resource Development and Colgate Energy Partners III, LLC have agreed to combine in a $7.0-billion merger of equals, creating the largest pure-play exploration and…
The U.S. Administration is considering imposing secondary sanctions on buyers of Russian oil as a means to deprive Putin of oil revenues and undermine Russia’s…
Very low inventories of oil products in the United States and a shortage of refining capacity have laid the foundations for an oil shortage crisis…
For over six months now, Europe has been the key driver of global demand for liquefied natural gas (LNG) as it looks to replace as…
Fossil fuels are a dead end and the only sustainable future for the planet is accelerating the energy transition, UN Secretary-General António Guterres said on…
Buyers will have to pay more for oil or seek alternative supplies if the EU decides to impose import tariffs on Russia's oil, Kremlin Spokesman…
Saudi Arabia is expected to see its oil revenues surge by 66 percent this year to around $249 billion on the back of higher oil…
Russian natural gas flows to Europe via Ukraine have plummeted by 50 percent over the past week, according to Gazprom data compiled by Anadolu Agency,…
U.S. gasoline and diesel prices are soaring to record highs nearly every day these days, as crude oil prices hold above $110 a barrel, the…
The United States is considering proposing that European countries impose a tariff on Russian oil to allay concerns about the security of supply and surging…
Russia’s crude oil production plunged by almost 9 percent in April to average just 9.16 million barrels per day (bpd), more than 1 million below…
Cheap Russian crude oil is attracting India’s price-sensitive buyers to the point that Russia became the fourth largest oil supplier to India in April, moving…
Oil prices rose above $114 a barrel early on Tuesday, reaching the highest level in eight weeks, amid a tight global fuel market and expectations…