Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
In what has now become a daily update on the bidding war for what would be the oil industry’s largest deal of the past few…
Iran is hinting that it could announce as early as on Wednesday reduced compliance under the so-called Iran nuclear deal in “counteractions” against the maximum…
Canada’s federal government is likely to announce in mid-June that it would be proceeding with the controversial expansion of the Trans Mountain oil pipeline designed…
Saudi Arabia is raising its crude oil production to meet market demand after the U.S. sanction waivers for all Iranian customers ended last week, according…
The U.S. Department of Energy announced on Tuesday a multi-million contract to Cray Inc and AMD, who will build the world’s fastest supercomputer that will…
Volatile crude prices and weak refining margins led to lower earnings at all five oil supermajors in the first quarter of 2019, suggesting that Big…
The United States is working with oil producers like Saudi Arabia and the United Arab Emirates (UAE) to ensure India has enough crude supply after…
China stepped up purchases of Saudi oil in the first four months of this year as a private refiner is raising crude intake from the…
A key oil pipeline and a logistics base in Nigeria’s oil-rich Niger Delta have been impacted by a shutdown and protests, the operator of the…
Israel’s Energy Minister Yuval Steinitz ordered on Sunday that the country’s only operating natural gas field, the offshore Tamar field, be closed as a precaution…
A region in Australia has recently lifted a moratorium on fracking. Local companies aim to begin this year exploration of what they believe are huge…
The world’s largest sovereign wealth fund—Norway’s US$1-trillion fund that has amassed its wealth from oil—earned US$84 billion in Q1 in the “strongest quarter ever”, boosted…
Shell is seeking to sell its minority stake in a liquefied natural gas (LNG) project in Indonesia, hoping to get US$1 billion for its 35-percent…
Hungary, Poland, and the Czech Republic are releasing a total of 8 million barrels from their respective strategic petroleum reserves to keep refineries operating after…
Brent Crude futures prices for later this year suggest that the oil market is undersupplied, despite recent rises in U.S. crude oil inventories that sent…
More than a week after the U.S. announced that it was ending all sanction waivers for Iranian oil customers, President Donald Trump’s policy toward Iran…
U.S. exports of liquefied natural gas (LNG) to Europe have surged by 272 percent since July 2018, when the United States and the European Union…
OPEC is trying not to mix politics with oil policy, the cartel’s Secretary General Mohammad Barkindo said on Thursday in Iran, after the Islamic Republic…
Tesla said on Thursday that it would be looking to raise as much as US$2.3 billion through offering common stock and convertible bonds in a…
Royal Dutch Shell (NYSE: RDS.A), one of the last supermajors to report Q1 earnings, was the one that stood out among the crowd with better-than-expected…