Tsvetana Paraskova

Latest articles from Tsvetana

• Oilfield Services See A Silver Lining In The Oil Price Bust

  Published 30 November 2016 | viewed 25,456 times

  The oil price crash has forced oil and gas producers to decommission aging and unprofitable fields across the world. Oil field services companies - which…

• SEC Scolded Tesla For Using Prohibited ‘Tailored’ Accounting

  Published 30 November 2016 | viewed 8,342 times

  The U.S. Securities and Exchange Commission (SEC) has criticized Tesla Motors (NASDAQ:TSLA) for having used non-GAAP accounting metrics that were in violation of earlier SEC…

• Oil Prices Spike As OPEC Reaches Deal On Production Cut

  Published 30 November 2016 | viewed 62,970 times

  Defying all odds, OPEC provisionally reached the much-hyped agreement to cut output in a bid to boost oil prices. According to an OPEC delegate quoted…

• Oil Prices May Plunge To $20 If OPEC Fails To Clinch Deal

  Published 29 November 2016 | viewed 35,649 times

  Two months ago, OPEC took the market by surprise by saying that it ‘agreed to agree’ on a deal to cut production to between 32.5…

• Norway’s Oil & Gas Q3 Wage Growth Lower Than A Year Ago

  Published 29 November 2016 | viewed 5,233 times

  Average basic salaries for full-time employees in Norway’s oil and gas extraction sector inched up by 0.5 percent sequentially in the third quarter, compared to…

• Russia’s Lukoil Q3 Net Profit Drops 12.4 Percent

  Published 29 November 2016 | viewed 5,233 times

  Russia’s second-biggest oil producer, Lukoil, reported on Tuesday that its net profit for the third quarter dropped 12.4 percent compared to the second quarter, as…

• Taliban Offer To Protect Afghan Natural Resource Projects

  Published 29 November 2016 | viewed 6,631 times

  The Afghan Taliban, who have been responsible for much of the violence in Afghanistan in the past 15 years, said on Tuesday that they would…

• Texas Oil Output Edges Lower In September

  Published 29 November 2016 | viewed 6,296 times

  Crude oil production in Texas averaged 2.38 million barrels per day (bpd) in September, compared to 2.42 million bpd for September last year, the Railroad…

• Iran Won’t Cut, Boldly Ask Saudis To Cut 1 Million Bpd

  Published 29 November 2016 | viewed 23,035 times

  Less than 24 hours to go until the decisive Wednesday OPEC meeting, not only is Iran refusing to cut its own oil production, but it…

• Norwegian Fund Coming To America to Assess DAPL

  Published 28 November 2016 | viewed 6,834 times

  Norway’s pension fund Kommunal Landspensjonskasse (KLP) has become the latest in a string of indirect investors in the controversial Dakota Access Pipeline (DAPL) project to…

• UAE’s Oil Firm To Triple Petrochemical Production By 2025

  Published 28 November 2016 | viewed 7,847 times

  Abu Dhabi National Oil Company (ADNOC) is planning on nearly tripling its petrochemical production to 11.4 million tons by 2025 from the current 4.5 million…

• Statoil Cleared For Exploration Drilling At Giant Sverdrup Field

  Published 28 November 2016 | viewed 4,826 times

  Norway’s Petroleum Safety Authority has given the go-ahead to oil major Statoil (NYSE:STO) to start drilling an exploration well at the giant Johan Sverdrup oil…

• Switzerland Clings To Nuclear Energy Despite Concerns

  Published 28 November 2016 | viewed 5,634 times

  Swiss voters rejected in a referendum on Sunday a strict timetable to phase out nuclear energy by 2029Swiss voters rejected in a referendum on Sunday…

• Iran Loses Nuclear Device, Sparks GCC Worry

  Published 25 November 2016 | viewed 446,605 times

  The Gulf Cooperation Council (GCC) is concerned over a missing radioactive device from Iran’s Bushehr nuclear reactor, Saudi-owned Arab newspaper Asharq al-Awsat reported on Thursday.…

• Saudis To Skip Non-OPEC Talks On Monday, Want OPEC Deal First

  Published 25 November 2016 | viewed 19,591 times

  In what is now the umpteenth twist in highly-charged OPEC rhetoric in recent days, the cartel’s biggest producer and de factor leader, Saudi Arabia, has…

• OPEC Cuts To Hurt Crude Carrier Industry, Lower Shipping Rates

  Published 25 November 2016 | viewed 15,006 times

  If OPEC manages to reach a deal to cut oil output, the very large crude carriers (VLCC) would see their earnings drop as the crude…

• Low Oil Prices Continue To Widen Algeria’s Trade Deficit

  Published 23 November 2016 | viewed 12,939 times

  Algeria’s trade deficit increased to US$15.8 billion in 2016 as of October, from US$13.7 billion as of October 2015, with persisting low oil prices weighing…

• Exxon Starts Drilling Offshore West Africa

  Published 23 November 2016 | viewed 9,864 times

  ExxonMobil Exploration and Production Liberia Limited, an affiliate of ExxonMobil (NYSE:XOM), has started drilling a deepwater exploration well offshore West Africa in a first for…

• Can Trump Really Make U.S. Coal Great Again?

  Published 23 November 2016 | viewed 8,613 times

  All along the campaign trail, Donald Trump promised that he would save the U.S. coal industry by rescinding prohibitive regulations, if elected. As President-elect, Trump…

• Iraq Now Says It Will Join OPEC Output Cuts

  Published 23 November 2016 | viewed 26,040 times

  In its third flip-flop position on joining OPEC production cuts in as many days, Iraq signaled on Wednesday that it could be willing to cut…