Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Now that Guyana is the new offshore oil hotspot, the South American country is getting ready to lift the government royalties for new oil contracts,…
Excess inventories, weakening demand growth, and oil prices some $15 a barrel lower than this time last year left OPEC and its allies little choice…
Mexico’s state oil firm Pemex plans to pursue an ultra-deepwater project in the Gulf of Mexico despite limited resources and despite recent pledges to avoid…
The U.S. Department of State is discussing allowing China to import oil from Iran as payment for a Chinese company’s investment in an Iranian oilfield,…
US shale won’t be the only beneficiary of higher oil prices if the commitment of OPEC and its Russia-led allies to extend their oil production…
The booming liquefied natural gas (LNG) infrastructure around the world—with the U.S. and Canada accounting for 74 percent of proposed LNG export terminal capacity—poses “a…
Venezuela exported 1.1 million bpd of crude oil and refined oil products in June, up by 26 percent from May, thanks to higher shipments under…
The world’s fourth-largest oilfield services provider, Weatherford International, said that it had started a financial restructuring by filing for Chapter 11 bankruptcy protection in the…
China is allowing additional crude oil import quotas to predominantly private oil refiners in the world’s top oil importer, Reuters reported on Tuesday, citing a…
Russia’s oil production in June was 50,000 bpd below the level Moscow had pledged under the OPEC and non-OPEC production cut agreement, Russian Energy Minister…
Some summer demand for August boosted the price of liquefied natural gas (LNG) in Asia at the end of June from three-year lows earlier in…
French consumer fraud watchdog DGCCRF has searched the offices of energy companies, including those of giants Eni and Engie, as part of an anti-competition probe…
Saudi Arabia is trying to boost security measures in place for its oil infrastructure and in territorial waters, Russian media quoted Saudi Energy Minister Khalid…
Iran has just breached the 2015 nuclear deal by exceeding the limit for stockpiling enriched uranium, the International Atomic Energy Agency (IAEA) said on Monday,…
Oil and gas giant BP has recently intensified calls for sustainability and for reducing carbon emissions in the world’s energy systems, acknowledging that the energy…
Exxon and Shell could return to Somalia ahead of an oil bid round that the East African country plans to hold later in 2019, Reuters…
Now that there are no sanction waivers for Iranian oil buyers, the United States will sanction any imports of crude oil from Iran, the U.S.…
The four biggest oil buyers in Asia, all of which were regular Iranian customers until recently, imported in May the lowest volume of crude from…
Norway’s Finance Ministry asked on Friday the government’s US$1-trillion fund—the world’s biggest sovereign wealth fund—to recommend a schedule for phasing out its investments in pure…
The vast majority of 22 oil experts surveyed by CNBC this week expects WT Crude to trade between $50 and $70 a barrel at the…