Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
All options are on the table for the next summit of the OPEC+ coalition in March, including further cuts in oil production, Saudi Arabia’s Energy…
Ten oil tankers capable of carrying some 8 million barrels of oil are idling near some of Libya’s oil export terminals, tanker-tracking data monitored by…
The OPEC+ deal has resulted in economic benefits for Russia which has seen its National Wealth Fund (NWF) double its financial reserves to US$124 billion…
Several of the world’s largest oil companies talked behind closed doors on Wednesday about the potential adoption of more stringent emission reduction targets that could…
Alexander Novak will continue to be the face of Russia’s energy diplomacy at OPEC+ summits as he remains Russia’s Energy Minister in the new government…
South America’s largest oil producer, Brazil, will launch discussions on potentially joining OPEC in July, Brazilian Energy Minister Bento Albuquerque told Reuters on Wednesday. In…
The U.S. Embassy in Libya said on Tuesday that the country’s National Oil Corporation (NOC) should be allowed to immediately resume oil operations that were…
UK-based supemajor BP has withdrawn from the Kirkuk oilfield in northern Iraq after its field study contract expired, and no deal was signed for a…
Iraq may have serious problems in securing its energy needs if the United States doesn’t extend a waiver for an Iraqi bank to process payments…
The Nigerian National Petroleum Corporation (NNPC) reported as many as 45,347 incidents of breaches on its oil pipelines between 2001 and mid-2019, the corporation’s managing…
Barring a major lengthy supply disruption, Brent Crude prices will average US$62 a barrel in May, lower than the current price, as the geopolitical risk…
Saudi Arabia’s economy is expected to grow by 1.9 percent this year, the International Monetary Fund (IMF) said on Monday, revising down its forecast of…
What happens to world markets when China buys an additional $50 billion-plus in U.S. energy products over the next two years? For some analysts, as…
Somalia has invited Turkey to carry out offshore oil exploration works in the territorial waters of the African country, Turkish President Recep Tayyip Erdogan said…
After the spike in oil prices in the first days of 2020 on the back of increased tension between the U.S. and Iran, money managers…
At least five people died and dozens of others were rushed to hospital late on Sunday after an oil pipeline exploded in Nigeria in a…
China National Petroleum Corporation (CNPC) has found crude oil and natural gas in the deepest well drilled in Asia’s onshore, striking hydrocarbons in a pre-salt…
While Western automakers race to capture market share in the world’s biggest electric car market, China, hundreds of Chinese electric vehicle (EV) makers have sprung…
The start-up of the massive Johan Sverdrup oilfield sent Norway’s oil production rising to a nine-year high in December 2019, beating the authorities’ forecast by…
France has deployed a radar system on Saudi Arabia’s eastern coast that faces the Persian Gulf to help the Kingdom protect its vital oil infrastructure,…