Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Hurricane Ida has led to the largest-ever initial loss of crude oil production in the U.S. Gulf of Mexico from a hurricane in the ten…
Gazprom Neft, the oil arm of Russian gas giant Gazprom, is starting to settle payments for the jet fuel it supplies in China in yuan,…
More than a week after Hurricane Ida made landfall in Louisiana, nearly 90 percent, or some 1,6 million bpd of U.S. Gulf oil production remains…
Saudi Arabia slashed the official selling prices (OSPs) for its oil exports to Asia in October more than expected in a move seen as the…
Americans are paying the most expensive Labor Day weekend gasoline prices since 2014 amid constrained stock levels and high benchmark crude oil prices. The end…
Chevron has recently met with representatives of activist investor hedge fund Engine No. 1 to talk about plans for emissions reductions, as the U.S. supermajor…
Citgo is shutting down for four days parts of its refinery in Corpus Christi, Texas, due to a shortage of oxygen, which is needed at…
The world's largest sovereign wealth fund, Norway's $1.4 trillion Government Pension Fund Global (GPFG), is excluding India state firm Oil and Natural Gas Corporation Limited…
Papua New Guinea has granted a license to a state-owned company to develop a gas field, preferring to keep control and income from the resources…
The benchmark U.S. natural gas price has nearly doubled over the past year. The front-month Henry Hub contract jumped from $2.406 per million British thermal…
Russia will not run out of oil and gas anytime soon—its offshore Arctic resources alone could last for decades and even centuries, according to Russian…
Iran’s new Oil Minister, Javad Owji, met on Thursday with a top official from the China National Petroleum Corporation (CNPC) in Tehran to discuss cooperation…
Oil prices rose by more than 2 percent early on Thursday, with WTI Crude trading above $70 a barrel for the first time in a…
The refineries in Louisiana that were shut ahead of or during the passing of Hurricane Ida this weekend could take weeks to restart as power…
U.S. oil production has ticked up in recent weeks as shale producers drill more wells after going through a massive backlog of drilled but uncompleted…
As oil prices rise and demand recovers, the U.S. oil industry is raising drilling and completion activity and has started to re-hire workers it had…
China’s electric vehicle maker NIO revised down on Wednesday its guidance for vehicle production this quarter, citing uncertainty over semiconductor supply and becoming the latest…
While tourism airline travel is set to eventually return to pre-pandemic levels, business travel could become a permanent drag on air travel post COVID, delaying…
Due to the pandemic-driven collapse in oil prices, capital investment in the UK North Sea plunged by one-third in 2020 to the lowest level since…
Israel will no longer issue onshore oil exploration permits, Energy Minister Karine Elharrar said this week, vowing to focus on renewable energy sources. "Starting today,…