Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Russian oil pipeline operator and owner, Transneft, which supplies Urals crude to European customers via the Druzhba pipeline, faces compensation claims of up to US$1…
The first of Big Oil corporations reported Q4 and full-year 2019 results on Thursday, and the financials Royal Dutch Shell (NYSE:RDS.A) released doesn’t bode well…
UK newspaper Guardian will not accept advertising money from the fossil fuel industry, even if this means a financial hit for the media, making it…
A key witness for the prosecution back peddled on Wednesday on previous testimony that he had seen evidence that oil majors Eni and Shell were…
Due to the U.S. sanctions on Iran, Tehran is unable to use or transfer US$5 billion in revenues it has received from Iraq for supplying…
The Iran-affiliated Houthi movement in Yemen claimed on Wednesday that it targeted Saudi Aramco facilities in Jizan, a city just north of Yemen on the…
The Commodity Futures Trading Commission is preparing to release new oil speculation rules that would limit the number of positions hedge funds and other speculators…
Russia may not be able to maintain the level of its oil production in the future due to the current taxation system on the oil…
Short sellers have increased their bearish bets on four of six of the biggest oil companies as oil prices came under intense downside pressure after…
ExxonMobil and Egypt have signed two oil and gas exploration deals in the Eastern Mediterranean, the Egyptian Ministry of Petroleum said on Tuesday, weeks after…
U.S. oil producer Hess Corporation said on Tuesday it expects to allocate US$3 billion for production, development, and exploration in 2020, focusing on high-return investments…
As part of a new development strategy, Lukoil plans to invest more than US$100 billion in various projects, primarily in Russia, Vagit Alekperov, the chief…
A growing number of U.S. utilities plan to add energy storage to their resource plans this decade, as declining renewable energy costs and investor and…
OPEC is inclined to extend the ongoing production cuts at least through June and could discuss deeper cuts if need be, OPEC sources told Reuters…
Qatar, the largest source of liquefied natural gas (LNG) for India currently, is not too keen to renegotiate the pricing of its long-term supply contract…
As leading OPEC producers downplayed fears of crippled demand growth in an attempt to calm the oil market on Monday, the cartel is said to…
U.S. troops blocked on Sunday a Russian military convoy from accessing oilfields in Syria’s northeast, in the fourth such skirmish in eight days, Turkish news…
Rolls-Royce plans to install by 2029 mini nuclear reactors in the UK that would be built in factories and delivered in modules, the chief technology…
Oil prices extended losses early on Monday, slumping to nearly four-month lows amid fears that the Chinese coronavirus outbreak will slow China’s economic growth and…
ExxonMobil has revised upward its estimate of recoverable resources offshore Guyana by 2 billion barrels of oil equivalent to 8 billion oil-equivalent barrels, the U.S.…