Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Nicolas Maduro has appointed four new vice presidents at Venezuela’s state oil firm PDVSA and a new president of the unit managing the company’s relations…
China’s fuel demand has materially weakened after the coronavirus outbreak forced authorities to lock down cities and discourage travels. Some estimates put the current demand…
Two Indian oil refiners who still buy Venezuelan crude will stop importing oil from the Latin American country from April as the U.S. steps up…
Italy’s Eni expects its oil production to start declining after 2025 under its new long-term strategy to rely on natural gas, renewables, and new technologies…
Billionaire investor Ron Baron believes that Tesla could be worth as much as US$1.5 trillion by 2030, because the recent stock rally and revenue rise…
Oil prices sank for a sixth consecutive day early on Friday and were on track for their biggest weekly drop in more than four years…
Faced with a slump in demand and plunging oil prices, OPEC’s top producer and de facto leader Saudi Arabia is asking members of the OPEC+…
The Trump Administration is unlikely to grant U.S. supermajor Chevron another waiver to operate in Venezuela as the United States is increasing pressure on Nicolas…
Mexican state-owned oil firm Petróleos Mexicanos (Pemex) reported on Thursday a net loss of US$8.77 billion (169.8 billion Mexican pesos) for the fourth quarter of…
China’s top oil supplier and the world’s largest oil exporter, Saudi Arabia, will be cutting its crude exports to the world’s top oil importer by…
China’s crude oil imports could drop by as much as 15 to 20 percent on the year in February, due to the coronavirus outbreak and…
Russia continues to refuse to announce its position regarding deeper cuts by the OPEC+ coalition, but admitted that the coronavirus outbreak could lead to additional…
Oil prices continued plunging for a fifth consecutive trading session, dipping by more than 4 percent early on Thursday as the market fears a coronavirus…
The oil-rich Middle East is boosting investments in renewable energy generation at home and abroad. Just a few years ago, this notion would have…
Slumping Asian oil demand amid the coronavirus outbreak has led to a sharp drop in Middle Eastern and Asian regional crude prices, while prices for…
BP will leave three U.S. energy trade associations, including the main refining lobby group, the American Fuel and Petrochemical Manufacturers (AFPM), due to differences over…
A total of 14 Saudi companies in the energy sector booked hefty losses last year, Middle East Monitor reported on Wednesday, quoting analysts who had…
OPEC producer Kuwait has excluded oil tankers from a ban on ships departing or arriving from several countries in a bid to reduce the risk…
U.S. oil supermajor Chevron has told its 300 staff in its London office to work from home after an employee reported flu symptoms after returning…
Oil prices tumbled for a fourth consecutive day early on Wednesday, as the coronavirus continues to claim lives in Italy and spreads to the Middle…