Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
China’s biggest oil and gas producer PetroChina—the first company in the world to reach a US$1-trillion valuation more than ten years ago—is now so cheap…
Russia’s second-largest oil producer, Lukoil, has fully restored the volume of its oil supplies to customers after a major contamination on the Druzhba oil pipeline…
Despite the ongoing rush to build oil pipelines to carry crude from the Permian to the Gulf Coast and an overbuild in the short-term, the…
Three Italians—including a close aide to Italy’s far-right Deputy Prime Minister and Interior Minister Matteo Salvini—and three Russians allegedly held a meeting in Moscow last…
India continues to hold technical and commercial discussions with Westinghouse for arriving at a project proposal for nuclear reactors in the state of Andhra Pradesh,…
Saudi Aramco has awarded 34 contracts worth a total of US$18 billion to boost the oil production capacity of two fields by 550,000 bpd, in…
China set a fresh monthly crude oil import record in April and continues to import growing volumes of crude oil this year, accounting for an…
Chevron said that a group of Ecuadorian plaintiffs had dismissed their only remaining lawsuit against the U.S. supermajor that sought to enforce a US$9.5-billion judgment…
Egypt seized a Ukrainian oil tanker carrying Iranian crude while it was crossing the Suez Canal ten days ago, according to a report from Arab…
Iran’s ‘misery index’—an informal measure of an economy that adds inflation to the unemployment rate—more than doubled this past winter, jumping to 39 percent from…
Oil prices were up early on Tuesday as market participants turned their attention to the tension around Iran and OPEC’s extended cuts, awaiting a busy…
Lower output from Russia’s largest oil producer Rosneft has resulted in total Russian production falling to a near three-year low in early July, Reuters reported…
OPEC and allies had little choice but to roll over their production cuts into the first quarter of 2020 amid higher-than-average global inventories, continued uncertainties…
Iran has denied China National Petroleum Corporation (CNPC) a request to suspend work on Phase 11 of the South Pars gas project, aiming for a…
Ineos, the operator of the main UK North Sea crude oil transport route, the Forties pipeline, said on Monday that it is progressively reducing to…
The oil and gas industry is instrumental in adopting technology that could reduce emissions from fossil fuels, as the solution to climate change is not…
U.S. shale’s production growth will outstrip global oil demand growth this year, capping oil price gains until 2020, according to Goldman Sachs. U.S. oil production…
In what appeared to be one of the least heated meetings in recent years, OPEC and allies rolled over this week their production cuts into…
Just days after Russia said it had fully resumed oil flows to Europe via the Druzhba pipeline after a major disruption in supplies due to…
Petrobras is putting up for sale two operating shallow-water offshore gas fields and a deepwater oil exploration concession in the Espírito Santo Basin, as part…