Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
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…
The oil and gas industry is embracing new technologies to save time and costs and, most recently, to reduce the carbon footprint of its supply…
Oil prices rose by 1 percent early on Wednesday and were set for the best performance in a first half of a year since 2009,…
The OPEC+ alliance expects a significant overhang of oil supply on the market after April 2022 when the current production cut pact expires, Reuters reported…
The U.S. Supreme Court backed on Tuesday a pipeline development consortium in its legal battle with the state of New Jersey over eminent domain for…
The global liquefied natural gas market has recovered from the 2020 pandemic shock to energy demand. As LNG consumption and spot prices surge this year,…
The record-shattering heatwave in the U.S. Pacific Northwest has already caused the first rolling outages in Washington State, while California’s power system operator issued a…