Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Foreign energy firms and contractors have to accept Iran’s new terms and conditions if they return to work in the country, Iran’s Oil Minister Bijan…
The oil price rally fizzled out early on Monday as the U.S. dollar strengthened and as China further restricted movement amid doubled new COVID cases,…
The U.S. removed the ban on American crude oil exports to countries other than Canada in 2015, unleashing a new force on the global oil…
Milder weather and decreased demand resulted in U.S. natural gas spot prices averaging in 2020 the lowest in decades, since at least 1997, data from…
Saudi Arabia’s surprise announcement that it would cut 1 million barrels per day (bpd) beyond its share of OPEC+ cuts in February and March has…
Tesla (NASDAQ: TSLA) surpassed Facebook in terms of market value on Thursday, becoming the fifth most valuable company in the S&P 500 as its shares…
Declining solar, wind, and battery technology costs are helping to grow the share of renewables in the world’s power mix to the point that governments…
Global floating oil storage declined at a fast pace in December as traders sold crude held on tankers in the absence of price incentives to…
Major oil corporations steered clear of the first oil and gas lease sale in the Arctic National Wildlife Refuge (ANWR) in Alaska, which the Trump…
Higher demand for oil, natural gas, and coal due to colder than usual winter temperatures in many parts of the northern hemisphere is driving up…
The annual five-day rebalancing of portfolios beginning on Friday could attract as much as US$9 billion buying into crude oil contracts, putting upward pressure on…
Recovering demand for liquefied natural gas (LNG) and the strongest spot LNG prices in more than half a decade are set to encourage more U.S.…
Money managers started 2021 with optimism that oil prices will benefit from a rise in economic activity as vaccines are being rolled out. Hedge funds…
U.S. banks want to continue choosing whether to lend money to the oil and gas industry according to risk and reputation management practices, asking a…
Saudi Arabia’s unexpected major oil production cut announced on Tuesday is likely a sign that the world’s largest oil exporter expects oil demand to weaken…
Several U.S. states will hold oil and gas lease sales via EnergyNet in January, with most of the bids due before January 20 when President-elect…
Canada’s oil industry expects that 2021 will be the year of recovery from the downturn caused by the pandemic in 2020, with total investments in…
Members of the opposition in Somalia warned this week that the country’s federal government is about to sign a secret petroleum exploration and drilling agreement…
Oil prices rallied on Tuesday morning, following reports that Russia—the OPEC+ producer that was insisting on a 500,000-bpd production increase in February—has agreed that there…
U.S. oil prices have stayed relatively stable at around $40 a barrel since the start of the summer, having rebounded from the negative price of…