Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Saudi Aramco plans to have 550,000 barrels per day (bpd) more in oil production capacity by 2025 when the expansion projects on two major oilfields…
The much-publicized goal of limiting global warming to 2 degrees Celsius above pre-industrial levels will be beyond reach unless the world makes immediate, rapid, and…
Oil prices crashed by 4% early on Monday to the lowest level since May, after the world’s top crude importer, China, imposed more travel restrictions…
China has been trying to cool surging commodity prices by releasing inventory from its strategic reserves. The higher prices of oil, coal and metals have…
Sub-Saharan Africa, especially its largest oil producers Nigeria and Angola, will struggle to raise oil output through the middle of this decade, as international majors…
China started this week construction work on a new US$17-billion nuclear power plant project, for which it will install Russian nuclear reactors at the Xudabao…
Saudi Aramco will have to raise its already massive annual dividend of $75 billion if it wants to remain competitive with other oil giants and…
Oil prices rose early on Friday but were still headed for their worst weekly performance since March, depressed by rising COVID cases in many countries…
The surprise resistance of the United Arab Emirates during the OPEC+ negotiations last month caught the oil market off guard, but the UAE-Saudi rift wasn’t…
Switching from natural gas to electricity for U.S. homes will result in higher energy bills, which will impact mostly low-income households, new research showed on…
Oil rebounded on Thursday morning, pushing up U.S. energy stocks higher, after three days of declining crude prices over concerns about global oil demand with…
U.S. petroleum consumption declined to 18.1 million barrels per day (bpd) last year, the lowest level in 25 years, the Energy Information Administration (EIA) said…
U.S. President Joe Biden is signing on Thursday an executive order, setting a target to make 50 percent of all new vehicles sold in the…
One of the biggest drivers of the surge in metals prices this year, the world’s top commodity consumer China, is showing signs of a slowdown…
Russia’s gas giant Gazprom boosted its natural gas exports to Europe by 23 percent annually in January to July 2021, Gazprom Export said this week.…
India’s state-held oil refiners are planning to spend as much as US$27 billion (2 trillion Indian rupees) on raising the country’s refining capacity, junior oil…
The world’s largest oil exporter, Saudi Arabia, raised on Wednesday its official selling prices for crude oil loading for Asia in September in a widely…
Oil prices fell for a third straight day early on Wednesday as concerns about demand amid surging Delta COVID variant continue to weigh on market…
From California to Massachusetts, some U.S. cities are enacting—or trying to enact—bylaws banning natural gas hookups in new homes, citing concerns over climate change and…
The biggest state-held oil firms in the Middle East, including Saudi Aramco and the Abu Dhabi National Oil Company (ADNOC), consider selling more assets to…