Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
The oil market is grappling with a lot of uncertainties in both supply and demand side factors, but one certainty sure to affect oil markets,…
Russia may be close to having a foreign car manufacturer launch electric vehicle (EV) production in the country soon—a move that analysts at IHS Markit…
Iran and the UK have exchanged documents and Britain has shown interest in resolving the issue with the Iranian oil tanker it seized in early…
Egypt is looking to boost its crude oil and condensate production to 690,000 bpd by the end of the year from the current 630,000 bpd,…
ExxonMobil has recently discussed with operators selling part or all of its assets in the UK North Sea in a move that could raise up…
Russia’s biggest independent oil refinery, the Antipinsky Refinery, aims to double its production in August compared to July, when it resumed operations after a bankruptcy…
Saudi oil giant Aramco is ready for listing, but it will be the company’s only shareholder, the Kingdom of Saudi Arabia, that will decide when…
Saudi Aramco announced for the first time financial results on Monday, reporting a net income of US$46.9 billion for the first half of 2019, down…
A year ago, the Powder River Basin in northeastern Wyoming was thought to be the next hot thing in U.S. shale with land acquisition costs…
OPEC’s crude oil production dropped by 200,000 bpd in July from June, and helped by additional cuts of 100,000 bpd from the non-OPEC part of…
Most of the 17 Iranians that Iran arrested last month claiming to be spies for the CIA were working in the Islamic Republic’s oil sector,…
Saudi Arabia is working to have its state oil giant Saudi Aramco list on a stock market as early as at the beginning of 2020,…
Some of the largest maritime security firms have replaced the unarmed British guards on ships traveling in the Persian Gulf with personnel from other countries,…
Despite another gloomy demand forecast out today, oil prices rose on Friday morning, following reports that OPEC’s kingpin Saudi Arabia is talking to other producers…
Occidental Petroleum has just completed one of the largest oil mergers and acquisitions (M&A) of the past few years, buying Anadarko Petroleum and assuming its…
Enbridge said this week that erosion has caused a wider gap beneath an unsupported section of its Line 5 oil pipeline in the Great Lakes…
A coalition of 32 environmental, citizen, and indigenous groups is calling on insurers to stop underwriting insurance for the Trans Mountain Pipeline and its expansion…
Utilities in Japan, the world’s single largest importer of liquefied natural gas (LNG), are seeking price reviews in their short term LNG supply contracts as…
Despite healthy demand in all regions, the world’s top crude oil exporter Saudi Arabia continues to keep its exports below the 7-million-bpd mark and will…
The U.S. Maritime Administration has issued a fresh warning regarding commercial shipping in the Persian Gulf and the key oil chokepoint the Strait of Hormuz,…