Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Continental Resources has lost around US$15 billion of its market capitalization since October 2018—more than half of its market value that now stands at around…
The world’s biggest independent commodity trader, Vitol, has been revising down its global oil demand growth estimates and now sees growth at just 600,000 bpd-650,000…
Speculative positions in the oil market were precariously balanced between bullish and bearish bets in the week to July 30 as money managers were divided…
India considers reducing the crude capacity of what would be its largest oil refinery as the country is trying to figure out how to cut…
The world’s top oil importer China could consider sending navy ships to the Persian Gulf to protect its commercial vessels in the area, should the…
To help fund part of the acquisition of Anadarko, Occidental Petroleum has started selling bonds this week, with the sale expected in the range of…
Oil prices were edging up early on Tuesday, trying to shake off several hefty sell-offs in recent days after U.S. President Donald Trump abruptly ended…
Oil giant Royal Dutch Shell is mulling over installing solar panels at its largest wholly owned refinery in the world, the Pulau Bukom site in…
The long-term breakeven oil price needs to be as low as $9 or $10 a barrel so that gasoline cars can remain competitive as a…
Six U.S. executives at Citgo, the U.S. subsidiary of Venezuela’s state-held oil firm PDVSA, were detained by Nicolas Maduro’s regime in Venezuela in November 2017…
Petrobras has launched the binding phase of the sale of offshore upstream oil and gas assets in the Espírito Santo Basin, Brazil’s state-owned energy firm said on…
“The pipeline companies are getting pretty creative on how they’re expanding some capacity out of the country,” Keith Chiasson, Executive Vice-President, Downstream at Cenovus Energy,…
Should China decide to defy the latest U.S. tariff threat by ramping up imports of Iranian crude oil in open defiance to the U.S. sanctions…
U.S. crude oil is unlikely to become a target of possible Chinese retaliatory tariffs in response to the latest American tariff threat, refinery and trading…
Continuously falling battery costs, and rising capacity and usage of clean energy are set to result in booming global stationary energy storage over the next…
Harris County, Texas, is suing ExxonMobil for violating the Texas Clean Air Act and Texas Water Code, after a fire occurred at the Baytown refinery…
Kenya has just completed a deal to export 200,000 barrels of crude oil, in its first-ever export of the commodity, the African country’s President Uhuru…
Tareck El Aissami, the industry minister of Venezuela and a close ally of Nicolas Maduro, ended up on the U.S. Immigration and Customs Enforcement’s most…
Alberta’s government has hired award-winning oil and gas journalist Claudia Cattaneo to draft a strategy to restore the province’s reputation in the fight for its…
The U.S. oil benchmark tumbled nearly 8 percent on Thursday in its biggest one-day drop in four and a half years after U.S. President Donald…