Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Saudi Arabia’s oil giant Aramco plans to issue U.S.-denominated bonds, with the exact amount subject to market conditions, the world’s largest oil-producing company said on…
Oil prices jumped by 4 percent early on Monday, bolstered by another potential vaccine breakthrough, as well as bullish economic data from China. As of…
The U.S. oil and gas industry has been fretting about the implications of a Biden Presidency on the sector in view of Joe Biden’s energy…
Due to the oil price collapse earlier this year, the price for drilling rights in the Permian basin has plunged by 67 percent since 2018,…
The oil price collapse is depriving Saudi Arabia of US$27.5 billion in oil revenues this year, Saudi Crown Prince Mohammed bin Salman said on Friday,…
Saudi Arabia has thwarted a planned attack with explosives against an oil products terminal near the border with Yemen, the Kingdom said early on Friday,…
Refiners around the world have been announcing permanent closures of refinery capacity this year after the pandemic crushed fuel demand worldwide, and significant overcapacity still…
A local governor in Japan has approved plans from utility Tohoku Electric Power to restart one of its nuclear reactors that was damaged in the…
Lockdowns, curfews, and fewer people eating out due to the coronavirus are dwindling the supplies of used cooking oil that is used in renewable fuels…
Iran said on Wednesday that its oil exports have averaged between 600,000 barrels per day (bpd) and 700,000 bpd since the start of the Iranian…
The most popular battery technology, lithium-ion batteries, may have just received a big shot in the arm. Scientists have found in a new study that…
Governments of the G20 nations are still spending more than half of trillion U.S. dollars every year to support fossil fuel industries, with Canada and…
For yet another month, OPEC revised down its expectations for global oil demand as the renewed spike in coronavirus cases in major economies is slowing…
“This has probably been the most challenging quarter in past decades,” Schlumberger’s chief executive Olivier Le Peuch said in the second-quarter results release of the…
The world’s largest independent oil trader, Vitol Group, is considering potential acquisitions in the U.S. shale patch, chief executive Russell Hardy said on the Reuters…
Shell will halve the crude oil processing capacity of its largest wholly owned refinery in the world, Pulau Bukom in Singapore, as part of its…
Several oil tankers were attacked or approached with attempted attacks in the Gulf of Guinea off West Africa over the past few days, maritime security…
After a year of non-existent liquefied natural gas (LNG) exports from one of the fastest-growing global suppliers, the United States, to the fastest-growing world importer,…
Alexander Novak is being promoted to deputy prime minister and will no longer be Russia’s energy minister, but he is expected to continue being Russia’s…
Citi revised down on Monday its outlook for the WTI Crude price for next year by $5 to $49 a barrel, citing the global spike…