Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
BP (NYSE: BP) reported on Tuesday a quarterly profit more than doubled from last year’s first quarter and far exceeding analyst expectations, thanks to high…
The Russian invasion of Ukraine is upending global energy markets and short-term efforts to reduce emissions. The ongoing frantic search for non-Russian energy supply, especially…
As Hungary threatens to veto a European Union-wide ban on Russian energy products, the bloc is now considering exemptions for Hungary and Slovakia, or a…
A bill that would pave the way for the U.S. to sue OPEC members and its allies under antitrust laws could have an unintended negative…
Requests for Russian natural gas deliveries for the EU via Ukraine and Slovakia on Monday reached their highest level since November 2021, sending European benchmark…
Russia is finding it increasingly difficult to sell its diesel in Western Europe, after port workers in Sweden and the Netherlands have refused to unload…
Europe is importing record volumes of liquefied natural gas (LNG) as it looks to cut as much Russian gas consumption as soon as possible. Unlike…
Refiners in Europe are processing crude at capacity—or very close to capacity—bolstered by the highest diesel margins in at least three decades, traders told Argus…
The EU’s wholesale electricity market is not to blame for the gas and power crisis in Europe as the current design ensures efficient and secure…
U.S. supermajors ExxonMobil and Chevron reported on Friday strong earnings for the first quarter as oil and gas prices surged after Russia invaded Ukraine. ExxonMobil…
Poland is still purchasing Russian gas—via reverse flows from Germany—after Gazprom cut off direct gas supply to Poland on Wednesday, the Russian gas giant said…
Russia’s war in Ukraine has resulted in the steepest rise in energy prices in nearly 50 years and the largest increase in food prices in…
Iran’s oil exports jumped by 30 percent from last year to 870,000 barrels per day (bpd) in the first quarter of 2022, The Wall Street…
Germany, the main opponent of a full embargo on Russian oil imports into the European Union so far, has dropped its opposition to a ban,…
Some of the biggest crude oil exporters in the Middle East are significantly raising their diesel exports to Europe, which is scrambling for fuel amid…
Africa’s top natural gas exporter, Algeria, has warned Spain that it would consider Madrid sending Algerian deliveries to third countries a breach of contract, as…
Cyberattacks have hit at least three wind power firms in Germany in the two months since Russia invaded Ukraine. A European wind power industry association…
The European Union is working to ensure alternative gas supply and pledges a coordinated response to Gazprom’s announcement it had stopped gas flows to Poland…
Refiners in Europe have significantly raised purchases of North Sea crude grades in recent weeks as they look to replace as much Russian crude as…
Four buyers from Europe have already paid for Russian gas in rubles, Bloomberg reported on Wednesday, citing a source close to Gazprom, as the Russian…