Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
After years of plowing money into boosting production and thus depressing oil prices, the U.S. shale patch emerged from the pandemic-inflicted slump with unwavering capital…
After some two decades of failed attempts, the NOPEC (No Oil Producing and Exporting Cartels) Act was passed by a Senate panel on Thursday in…
Rosneft, the largest oil producer in Russia, will ship seven crude cargoes to India’s top refiner, Indian Oil Corporation, this month, traders with knowledge of…
Warmer than usual spring weather, expectations of a hotter summer, and record LNG exports to help Europe reduce dependence on Russian gas could send the…
The European Union is set to give some member states heavily dependent on Russian oil – such as Hungary and Slovakia – time until the…
Oil prices were set for a second consecutive weekly increase early on Friday, as the EU’s proposal to ban imports of all Russian crude and…
Oilfield services providers are confident that a prolonged upcycle will keep them very busy in coming years as the U.S. shale patch returns to growth…
Finland is prepared that it could be next on Russia’s list for cutting off gas deliveries for European Union members, as the Russian neighbor to…
There is no way to trace whether there is Russian crude oil or how much crude from Russia will go into the refined products market…
U.S. public oil producers saw their combined cash from operations hit $27.5 billion in the fourth quarter of 2021, the largest quarterly figure since the…
The U.S. Senate Judiciary Committee is expected on vote later on Thursday on a bill that would allow the U.S. to sue OPEC for antitrust…
Shell Plc (NYSE: SHEL) is raising its quarterly dividend after posting its highest profit since 2008, tripled from the first quarter of 2021, on the…
The OPEC+ group agreed on Thursday to leave its production plan unchanged, aiming to boost crude oil production in June by 432,000 barrels per day…
Europe is racing to procure as much non-Russian gas as possible following its irreversible decision to break free from Russian dependence by the end of…
The world’s third-largest oil importer, India, is negotiating steep discounts for the Russian oil it is prepared to buy, asking for below $70 per barrel…
China’s oil demand is now expected to decline this year compared to 2021, due to weakening economic growth with the extension of fresh COVID-related lockdowns,…
Vitol Group, the world’s biggest independent oil trader, is shipping the first-ever cargo of Russia’s ESPO crude blend to the United Arab Emirates (UAE), Reuters…
Russia’s invasion of Ukraine has exposed, once again, the vulnerability of the global energy markets and economy to the actions of petrostates with the power…
A refinery owned by French supermajor TotalEnergies in Germany is expected to continue importing Russian crude oil via pipeline at least through the end of…
The leaders of Bulgaria and Greece launched on Tuesday the construction of an LNG import terminal near the northern Greek port of Alexandroupolis, aimed at…