Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Norway’s Equinor and U.S. supermajor ExxonMobil have reached the final investment decision to develop the Bacalhau oilfield in Brazil’s prolific pre-salt area with a US$8-billion…
Oil demand in India has been clouding the outlook of global crude consumption since a devastating second COVID wave resurged in the world’s third-largest oil…
Libya generated total revenues from oil sales worth US$1.31 billion in April, the country’s National Oil Corporation (NOC) said on Tuesday in its regular update,…
Oil prices rallied ahead of and during the monthly meeting of OPEC+ early on Tuesday after the alliance’s Joint Ministerial Monitoring Committee (JMMC) signaled there…
Environmentalists and shareholders concerned about the risks of investing in oil in the energy transition were not the only winners of last week’s historic rebuke…
As agreed in early April, OPEC has been raising its oil production in May, but lower output in Nigeria, Angola, and Iran partly offset major…
The current global chip shortage could take until 2023 to be overcome, semiconductor maker Intel said on Monday in another warning that the microchip supply…
Oil prices rose by 1 percent early on Monday, driven by expectations that recovering demand with summer travel and reopening economies will easily accommodate the…
Africa’s largest oil producer, Nigeria, is implementing efforts to prepare its economy for a post-oil era, Ogbonnaya Onu, the Minister of Science and Technology, said…
Germany will fund 62 large-scale hydrogen projects with as much as US$10 billion in federal and state funds as it aims to become the world’s…
This week’s climate-related actions in boardrooms and courtrooms involving some of the largest international oil companies signal rising threat to the sector, Moody’s Investor Service…
Oil prices rose early on Friday for a sixth consecutive day and were on track for weekly and monthly gains after the defeats on climate…
The OPEC+ group is expected to confirm next week its May-July plan to ease the oil production cuts by the planned 840,000 barrels per day…
Despite the call from the International Energy Agency (IEA) that no new funding for fossil fuels is necessary if the world wants to get on…
The environmental group which scored a big win against Shell in court on Wednesday is already helping fellow organizations to sue other Big Oil companies…
Chinese authorities have urged some of the biggest state-owned oil firms to provide information about their use of imported crude as part of a wider…
Oil firms expect to spend 4.8 percent more on oil and gas operations offshore Norway in 2021 compared to the previous estimate three months ago,…
A Dutch court ordered on Wednesday oil supermajor Shell to slash its carbon emissions by 45 percent by 2030 in a landmark ruling in a…
Economic recovery and a rebound in liquefied natural gas demand in the world’s largest LNG importing region, Asia, are set to keep spot regional LNG…
Iran is banning electricity-sapping cryptocurrency mining until the end of September as it grapples with power blackouts amid electricity scarcity. Even before the peak summer…