Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
U.S. supermajor Chevron has quit operations in Myanmar by transferring its stake in a natural gas field and an associated pipeline to its former partners…
Oil prices are set to trade in the range between $80 and $100 per barrel this year, Russell Hardy, chief executive at the world’s largest…
Oil majors listed in New York enjoy higher stock valuations and have friendlier investors and increased access to capital, Shell’s former CEO Ben van Beurden…
European energy infrastructure needs $2.7 trillion in investment to reach the EU’s climate goals by 2050 and keep Europe competitive on a global scale, lobby…
Africa’s biggest crude oil producer, Nigeria, is expected to receive a $1 billion loan from the African Export-Import Bank (Afreximbank) next month as part of…
Fundamentals and geopolitics pushed oil prices to above $90 per barrel last week as more market participants have become bullish on crude. After sitting on…
While other international majors are closing down refineries or converting them to biofuel production, ExxonMobil is expanding its UK site and will start delivering diesel…
Russia is seeking to import gasoline from Kazakhstan in case shortages occur on the Russian market because of the diminished refining capacity due to maintenance…
The world’s top independent oil trader, Vitol, booked a net profit of $13 billion for 2023, wrapping up a second consecutive year of very high…
African and Western officials are concerned that the conflicts and coups in the Sahel region could spill over to the coast of West Africa, which…
Saudi oil giant Aramco, the world’s top crude oil exporter, hiked on Friday the prices of most of its crude grades for May, as Middle…
The closing of the merger of Chesapeake Energy and Southwestern Energy, which would create the top U.S. natural gas producer, is being pushed back to…
Ford Motor Company is delaying the planned rollout of some of its next-generation electric vehicles (EVs) as it is expanding hybrid vehicle offerings, the car…
Shell expects the trading results in its Integrated Gas division to be lower in the first quarter of 2024 compared to an exceptionally strong fourth…
The European Union has replaced addiction to one form of Russian gas with another. Instead of receiving pipeline gas from Russia from the east, Europe…
Two warmer winters in a row have lifted natural gas inventories in the United States and Europe and have eased concerns about supply, which were…
Due to the sanctions, Russia cannot access spare parts from Western engineering companies that have provided refinery equipment in the past, leaving Russian refiners struggling…
Russia slashed in half its gasoline exports via railway after imposing a six-month ban on exports from March 1 to ensure sufficient domestic supply in…
As much as 80% of the world’s carbon dioxide emissions between 2016 through 2022 can be traced to just 57 corporate and state fossil fuel…
Despite record investments in renewables, the current funding for clean energy deployment is insufficient for the world to reach the 1.5 degrees Celsius pathway under…