Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Global oil demand will take at least a year--and probably much longer--to return to the pre-crisis levels of 100 million barrels per day (bpd), Fatih…
ENN Energy Holdings, one of China’s largest natural gas distributors, is not ruling out the possibility that natural gas prices could follow last month’s WTI…
Iraq, OPEC’s second-biggest producer and the least compliant member in all previous rounds of cuts, has told some of its Asian oil buyers that it…
The U.S. Department of the Interior approved this week the biggest solar project in the United States ever—an estimated US$1-billion solar plus battery storage project…
Russia’s largest oil producer, Rosneft, will slash its investments for 2020 by 21 percent from earlier plans, due to the dramatic situation on the oil…
Saudi Aramco reported on Tuesday a net income of US$16.66 billion for the first quarter of 2020, down from net earnings of US$22.2 billion for Q1 2019,…
Norway is set to use a record amount of petroleum revenues from its US$1-trillion oil fund – the world’s largest sovereign wealth fund – this…
Oil prices rose early on Tuesday after OPEC's Middle East heavyweights pledged additional cuts, instilling hopes in the market that further production reductions could help…
One of the biggest oil companies in the world, BP, is not ruling out that the oil demand crash amid COVID-19 and perhaps the subsequent…
From China and Spain to the United States, people are gradually returning to driving their cars as countries and U.S. states re-open for business. People…
As India's fuel demand picks up from April lows, Indian Oil Corporation (IOC), the country's biggest refiner and fuel retailer, is gradually boosting operations across…
The big oil production curtailment in the U.S. shale patch continues as more companies announced on Monday output reductions to protect their balance sheets in…
Saudi Arabia is tripling its value-added tax (VAT) and suspending cost-of-living allowances as part of a new round of painful austerity measures to save the…
While global oil demand is set to rebound with a V-shaped recovery, demand for jet fuel will continue to languish for at least another two…
U.S. shale gas pioneer Chesapeake Energy said on Monday it was evaluating a Chapter 11 bankruptcy protection reorganization—along with other options--as the low oil and gas…
U.S. natural gas prices have jumped more than 20 percent from an early April low and are set to rise through the rest of the…
India, the fourth-largest importer of liquefied natural gas (LNG) in the world, will boost its imports by one-third over the next three years, but the…
The Railroad Commission of Texas and oil producers’ associations are warning oil firms in the state that people have been visiting oil sites claiming, falsely,…
A Colombian national under U.S. sanctions for his ties to Nicolas Maduro is helping the regime in Venezuela with a gold-for-oil products scheme with Iran,…
One of Canada's largest oil and gas companies, Canadian Natural Resources, kept its dividend intact after swinging to a loss for Q1, while Canada's producers…