Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Following months of rumors and indecision, the UK government announced on Thursday a 25% Energy Profits Levy, commonly referred to as a “windfall tax”, as…
Russian oil production has been falling since its invasion of Ukraine. Russia’s crude producers are struggling to place all their oil on the market—especially the…
The European Union is considering the idea of a construction of an offshore gas pipeline between Spain and the Italian coast in Tuscany to reduce…
Hungary, the main holdout to the EU reaching an agreement on an embargo of Russian oil imports, is unwilling to discuss the potential ban at…
The value of Saudi Arabia’s oil exports soared by 123%, or by $16.7 billion, in March 2022 compared to the same month last year, the…
The G7 group of the world’s leading industrial nations will discuss the idea of phasing out coal by 2030 and decarbonizing their power generation by…
U.S. benchmark natural gas prices jumped to above $9 per million British thermal units (MMBtu) early on Wednesday, driven by high LNG exports, warmer weather,…
The ESG investment momentum has run up against energy supply disruptions since the Russian invasion of Ukraine. As shareholders at the biggest energy companies are…
The UK hasn’t seen the worst of its cost-of-living crisis as energy bills could soar by another 42% in less than six months’ time when…
Germany is drafting plans to have around two dozen mostly coal-fired power plants, which were scheduled to be idled in 2022 and 2023, on standby…
The U.S. Administration is weighing the possibility of waiving the rules that limit components in gasoline that contribute to smog in the summer in another…
It is “stupid” to use natural gas for heating homes or generating electricity when there are better alternatives, the CEO of Europe’s largest utility told…
While oil exporters in the Middle East enjoy a windfall of revenues from high oil and gas prices, oil importers in the region will struggle…
Scientists at the U.S. Naval Research Laboratory believe that power beaming could be the next big thing in energy, capable of wirelessly powering devices and…
Norway, western Europe’s largest oil and gas producer, should share the huge profits it has made from oil and gas exports since the Russian invasion…
The current energy crisis and record fuel prices should not be an excuse for the world to increase further its dependence on fossil fuels, the…
Poland has terminated an agreement to receive Russian gas via the Yamal-Europe pipeline, Polish Minister of Climate and Environment, Anna Moskwa, said on Monday, nearly…
The U.S. Administration is considering the potential release of diesel from a rarely used emergency stockpile, a senior White House official told CNN on Monday,…
The oil market wrapped up another volatile week of hectic trading, swinging up and down in a $5 a barrel range as it was pulled…
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…