Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
The 2020 crisis put an abrupt end to the growth in U.S. crude oil production, which had just hit 13 million barrels per day (bpd)…
Venezuela’s crude oil and refined product exports plummeted in 2020 to their lowest level in 77 years, as the U.S. continued to step up sanctions…
Due to the OPEC+ production cut deal and the decreased demand in the pandemic, Russia’s crude oil and condensate production fell in 2020 for the…
Tesla delivered just 450 cars shy of the 500,000 vehicle delivery target in 2020, the electric vehicle maker said in its Q4 production and vehicle…
Most of the members of OPEC+ are reportedly favoring delaying another 500,000 barrels per day (bpd) increase in collective production from February due to the…
The Islamic Revolution Guards Corps (IRGC) of Iran has seized a South Korea-flagged tanker in the Gulf, the semi-official Iranian Tasnim News Agency reported on…
In highly volatile trade, oil prices rose early on Monday as ministers of the OPEC+ alliance began their virtual meeting to decide production levels for…
The United States is doubling down on nuclear power and propulsion systems in the new space race with China. The Trump Administration unveiled in the…
ExxonMobil is on track to book another quarterly loss this year—its fourth consecutive loss in 2020—announcing that it expects to book a massive up to…
Brent Crude prices are set to average $50.67 a barrel in 2021, slightly down from the price at which they traded early on the last…
Gazprom Neft, the oil unit of Russian gas giant Gazprom, has launched a cryptocurrency mining operation at one of its oil sites in Siberia, CoinDesk…
Iran will use part of the proceeds from its electricity and natural gas exports to Iraq to buy COVID-19 vaccines from Europe, Iranian state media…
Little-known shipping companies registered in the United Arab Emirates (UAE) have been shipping Venezuelan crude oil in breach of the U.S. sanctions on Nicolas Maduro’s…
Carbon capture, utilization, and storage (CCUS) technology is being hailed as an indispensable part of the energy transition. Net-zero emissions “will be virtually impossible without…
The 2020 oil price collapse provided a reality check for the global oil and gas industry, which reassessed its price assumptions for the years ahead…
Mexico issued during the weekend new rules that would limit fuel imports of private firms in a controversial move seen as boosting the dominant position…
The terms of the OPEC+ production pact could be revised if oil demand recovers next year faster than currently expected, Russian Deputy Prime Minister Alexander…
Global oil demand will likely take another year or so to return to pre-pandemic levels—by late 2021 or early 2022, energy expert and IHS Markit…
With just a few trading days left in 2020, analysts are taking stock of the best and worst in stocks that this very unusual year…
A few years ago, when Tesla was struggling through the Model 3 program and production, Apple refused a meeting to discuss potentially buying the electric…