Tsvetana Paraskova

Latest articles from Tsvetana

• Why Did Saudi Arabia Just Issue $2.5 Billion Worth Of Bonds?

  Published 22 October 2019 | viewed 16,004 times

  The world’s top oil exporter, Saudi Arabia, is issuing US$2.5 billion worth of Islamic bonds, or sukuk, on Tuesday, returning to the bond market to…

• European Energy Giants Wait On Russia Approval For $2.6 Billion Deal

  Published 21 October 2019 | viewed 8,811 times

  Russia could okay within half a year a deal that would pave the way for Finnish utility Fortum to boost its stake in Germany’s utility…

• Supermajors Are Abandoning This Oil Hotspot

  Published 21 October 2019 | viewed 21,547 times

  Oil majors are quitting two projects in the Caspian Sea in Kazakhstan because of high costs and low profitability, a unit of Kazakhstan’s state oil…

• The Pipeline That Could Derail China's LNG Boom

  Published 21 October 2019 | viewed 102,501 times

  China’s booming natural gas and liquefied natural gas (LNG) demand is set to cool off, with both demand growth and LNG import growth slowing down…

• The World’s Biggest Oil Company Is Not Worth $2 Trillion

  Published 21 October 2019 | viewed 16,260 times

  Days before a widely expected official approval for what would be the world’s largest initial public offering (IPO) ever, Saudi Arabia delayed, yet again, the…

• The U.S. Will Not Give Up Control Of Syrian Oil & Gas

  Published 21 October 2019 | viewed 22,264 times

  The United States will keep hold of oil and gas fields in eastern Syria and the Al Tanf base in the south under the plan…

• The UK Reaches A Remarkable Renewable Milestone

  Published 19 October 2019 | viewed 27,162 times

  The UK has just ended its first quarter ever in which electricity generation from renewables outpaced fossil fuel-fired power generation—a landmark achievement for the country…

• Nigeria’s Oil Industry Faces An Existential Risk

  Published 18 October 2019 | viewed 30,638 times

  Nigeria risks disruption in oil and gas supplies and power generation, due to declining exploration activity and depleting oil reserves, the Nigerian Association of Petroleum…

• Drilling Giant Posts $11 Billion Loss

  Published 18 October 2019 | viewed 74,216 times

  The world’s largest oilfield services provider, Schlumberger (NYSE:SLB), reported on Friday a net loss of US$11.38 billion for the third quarter, compared to a US$644-million…

• “Of Course Not”: Venezuela Slams Russian Takeover Rumors

  Published 18 October 2019 | viewed 13,454 times

  Venezuela will not hand over control of its cash-strapped state oil firm PDVSA to Russian oil giant Rosneft, a close aide to Nicolas Maduro told…

• Lightning Strike Disrupts Key Oil Pipeline

  Published 18 October 2019 | viewed 12,443 times

  The main UK North Sea crude oil transport route, the Forties pipeline, was shut down in the early hours on Friday after a lightning strike…

• The End Of The Asian Oil Product Glut

  Published 18 October 2019 | viewed 34,173 times

  One of the world’s top commodity traders, Trafigura, expects the Asia Pacific region to have a deficit of refined oil products by 2025, despite the…

• Mexico Vows To Expose Oil Firms Pedaling False Promises

  Published 17 October 2019 | viewed 6,708 times

  Mexican President Andrés Manuel López Obrador threatened on Thursday to publicly name the oil companies which have delayed their promised investments into Mexico’s oil sector.…

• Australia's $11 Billion Gas Project Is Ahead Of Schedule

  Published 17 October 2019 | viewed 8,078 times

  Australia’s largest independent gas producer, Woodside, aims to take the final investment decision (FID) on the US$11-billion Scarborough project early next year, sooner than its…

• Syria Invasion Forces Russia To Halt Oil Projects

  Published 17 October 2019 | viewed 12,087 times

  Russian oil giant Rosneft has temporarily suspended works at one block in Iraq’s semi-autonomous region of Kurdistan due to security concerns because of the blocks’…

• How Brazil Just Massively Cut Back Its Deficit

  Published 17 October 2019 | viewed 9,274 times

  The oil auctions in Brazil could help cut Brazil’s deficit for this year to below US$24 billion (100 billion Brazilian reais), the Secretary of the…

• Mammoth Oil Field Hit Hard By Unplanned Production Cuts

  Published 16 October 2019 | viewed 20,482 times

  Oil production at one of the world’s largest offshore oil fields, Kashagan in Kazakhstan, has dropped by 80,000 barrels per day since early October because…

• Russia Nears 100% Compliance With Oil Production Target

  Published 16 October 2019 | viewed 8,107 times

  Russia’s oil production inched down to 11.23 million barrels per day (bpd) in the first half of October, official Russian data showed on Wednesday, yet…

• Venezuela's Prize Oil Asset May Soon Be Up For Grabs

  Published 16 October 2019 | viewed 11,242 times

  Venezuela’s opposition is getting ready to file within days a lawsuit in the United States seeking to prevent bond holders of Venezuelan state oil firm…

• Oil Prices Jump On A Lone Piece Of Bullish News

  Published 16 October 2019 | viewed 18,791 times

  Oil inched up on Wednesday, supported by hopes that OPEC and allies may deepen their production cuts in December, while weakening global economic and oil…