Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
The U.S. Department of the Interior is proposing a regulation that will not allow oil producers to avoid picking up their offshore well decommissioning tab…
Oil prices were set for a weekly gain early on Friday, capping a week of several days of gains that saw both benchmarks rebound to…
Goldman Sachs is bullish on oil, expecting the market to be in a deficit of around 3 million barrels per day (bpd) by the fourth…
Libya’s National Oil Corporation (NOC) is conditioning lifting the force majeure on the country’s oil exports on the demilitarization of all oil facilities and export…
Just two years ago, U.S. pipeline operators were rushing to build pipelines in Texas to move surging Permian oil and gas production to the refining…
The world can achieve net-zero greenhouse gas emissions by the middle of this century for an annual investment of US$1 trillion-US$2 trillion, or up to…
Iraq has shipped more crude oil abroad so far this month, tanker-tracking data compiled by Bloomberg showed, even though OPEC’s second-largest producer has promised time…
Saudi Arabia, the world’s largest oil exporter, saw its crude oil exports rise to 5.734 million barrels per day (bpd) in July, up from a…
The OPEC+ group will allow non-compliant members to take until the end of the year to compensate for their overproduction, Saudi Arabia’s Prince Abdulaziz bin…
The world’s third-largest oil importer, India, will be the biggest source of energy demand growth through 2050 in any scenario about government policies about the…
Germany tried to dissuade the United States from following through on its threat to impose additional sanctions on the Russia-led gas pipeline project Nord Stream…
The world’s largest automotive market, China, is dropping considerations to have a firm deadline for banning the sales of new gasoline and diesel vehicles, according…
Vitol Group, the world’s largest independent oil trader, expects global oil inventories to continue drawing down for the rest of the year, unlike its rivals…
The OPEC+ coalition saw its overall compliance rate with the production cuts at around 101 percent in August, three sources in the group told Reuters…
Petrobras is resuming oil trade with the world’s top commodity trading houses Vitol, Trafigura, and Glencore, after nearly two years of suspension amid a bribery…
China has supported oil markets with its purchases of record volumes of crude oil in recent months, but it has also imported doubled volumes of…
The United Arab Emirates (UAE), currently OPEC’s third-largest producer, breached its OPEC+ oil production quota by a massive 520,000 barrels per day (bpd) in August,…
For a second consecutive month, the International Energy Agency (IEA) cut on Tuesday its forecast for global oil demand this year, citing an “even more…
Renewables are set to be the fastest-growing source of energy in the coming decades, giving fossil fuels such as coal and oil a run for…
India paid much less for the crude oil imported between April and July 2020 compared to the same period last year, due to the significantly…