Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Hours before the British overseas territory Gibraltar released the Iranian oil tanker detained last month, the commander of the Iranian Navy warned the U.S and…
Cuadrilla has resumed fracking at a second well at its hydraulic fracturing site in northwest England after it secured all permits to do so, the…
In the current gloomy market sentiment, OPEC would need to deepen the production cuts by 1 million barrels per day (bpd) if the cartel wants…
Norwegian energy giant Equinor announced on Thursday first oil from the Mariner oil field in the UK North Sea whose start-up has been delayed twice…
Spot LNG prices are currently at their lowest in three to four years, but the futures curve of the LNG market points to a wide…
UK renewable energy supplier Solarplicity says it is ceasing to trade, blaming the harsh regulations in the energy market and increased competition, and becoming the…
Large engineering and construction contracts for liquefied natural gas (LNG) projects pushed the total value of contracts in the oil and gas industry surging to…
Iran says it aims to complete by March 2021 a long crude oil pipeline from its northwest deep in the Persian Gulf to a southern…
The end of the truce in the U.S.-China trade war and the highly unpredictable nature of the next moves in the trade spat have made…
Natural gas production from the huge Zohr field in the eastern Mediterranean offshore Egypt more than tripled in the first half of 2019 compared to…
Oil prices have struggled for direction over the past week, torn between the two key fundamental forces—weakening global oil demand growth and uncertainties over supply.…
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…