Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Oil market participants may have focused too much on the surging U.S. fuel demand with states re-opening, possibly ignoring the still lurking COVID threats to…
One of Oman’s newly created state oil firms, Energy Development Oman (EDO), is negotiating a $1.5-billion debt financing with banks, possibly via a loan, two…
BP is considering quitting upstream operations in Iraq, where the supermajor operates the biggest oilfield, Iraqi Oil Minister Ihsan Abdul Jabbar Ismaael said in a…
Climate activists have slammed Mexico for its policy to boost oil and gas exploration and production, as well as the oil industry as a whole,…
Oil prices were little changed and trading only slightly down early on Monday while the market is waiting for the OPEC+ group to begin a…
The European Bank for Reconstruction and Development (EBRD) will no longer invest in oil and gas exploration and production, the bank’s Managing Director Harry Boyd-Carpenter…
Surging U.S. fuel demand amid stagnant domestic crude oil production is drawing down American crude inventories at the quickest pace in nearly 40 years. The…
Mohamed Ghanem, the son of a Libyan oil minister during Muammar Gaddafi’s rule, has to pay $1.5 million after he was found guilty of bribery,…
An explosion rocked early on Friday Romania’s largest oil refinery just outside the Black Sea city of Constanta, killing one person and injuring five others,…
Energy stocks in Europe saw their best daily performance in a month and shares in major U.S. and European oil corporations jumped in New York…
The U.S. oil market is tightening as commercial crude inventories are declining at a fast clip and driving wider time spreads in the WTI Crude…
As agreed in April, OPEC opened the taps in the second quarter of the year to meet a rebound in global oil demand, boosting crude…
Banks have started to cut their exposure to the U.S. shale patch, seeing more than 100 producers and oilfield services firms go bust last year…
Despite a strong rebound in European natural gas demand, Russia’s gas giant Gazprom has not booked additional entry capacity to Europe via Ukraine—a move that…
Qatar Petroleum has raised $12.5 billion in a four-tranche bond in the largest corporate issuance in the Middle East and the biggest debt sale in…
Increased adoption of electric vehicles (EVs) will lead to higher demand for metals used in batteries and to lithium-ion battery demand jumping seven times this…
The United Nations political affairs chief has called on the United States to either lift or waive the American sanctions against Iran as the Islamic…
Oil prices shot up early on Thursday as reports started to emerge that OPEC and its non-OPEC partners led by Russia were discussing another gradual…
The OPEC+ alliance could discuss on Thursday extending the current oil production pact beyond its original end date, April 2022, Reuters reported on Wednesday, quoting…
Hydropower, the “forgotten giant” of low-carbon electricity, will need major policy support to help accelerate the expansion of solar and wind power and put the…