Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Due to the U.S. sanctions on Venezuela’s oil industry and state firm PDVSA, one of the world’s largest commodity traders, Trafigura, has decided to halt…
Litasco, the international trading arm of Russia’s second-biggest oil producer Lukoil, stopped its oil swaps deals with Venezuela immediately after the U.S. imposed sanctions on…
Brent Crude hit $65 a barrel early on Friday, reaching the highest price so far this year and the highest level since November, as larger-than-expected…
Stricter global climate policies could influence Norway’s oil and gas industry and lead to a phase out of oil and gas sooner than previously expected,…
India will look into commercial considerations and related factors to determine the value of oil imports from any country, an Indian official said on Thursday,…
Fracking and the booming short-cycle shale production in the Permian have revolutionized not only U.S. crude oil production. The prolific shale basin in West Texas…
The Niger Delta Avengers (NDA)—the militant group responsible for most of the attacks on Nigeria’s oil infrastructure in 2016—resurfaced days before the Nigerian presidential elections…
The OPEC/non-OPEC production cut agreement has significantly benefited Russia’s budget and companies, as it put a floor under oil prices, Russian Energy Minister Alexander Novak…
France’s Total is the first international oil major to invest in Saudi Arabia’s fuel retail market after signing a deal with oil giant Saudi Aramco…
Renewable energy will be the fastest-growing source of energy in the world through 2040, penetrating the energy system “more quickly than any fuel in history”…
Squeezed between peak oil demand forecasts and investor demand for increasingly environmentally conscious investments, the world’s largest oil companies have started to venture into clean…
Turkish exploration ships will soon start drilling for oil and gas offshore the northern part of Cyprus, the energy minister of the Turkish Cypriots told…
Uganda expects to start pumping oil in 2022, later than a previous target for 2021, because of lack of infrastructure and disagreements over taxes and…
U.S. National Security Advisor John Bolton has warned countries and companies against buying crude oil from Venezuela, after the Latin American country’s Oil Minister Manuel…
Goldman Sachs expects Brent Crude prices to hit US$67.50 a barrel in the second quarter of the year as ‘shock and awe’ production cuts by…
Oil prices rose early on Wednesday, supported by a renewed commitment of OPEC and its de facto leader and biggest producer Saudi Arabia to cut…
Following an optimistic start to the year and the best January ever for oil prices, hedge funds and other money managers began the month of…
In an oil market already tighter on heavy crude grades due to OPEC’s production cuts and U.S. sanctions on Iran’s oil, refiners now face an…
Despite opposition from U.S. President Donald Trump to closure of coal-fired power plants, the Tennessee Valley Authority is proposing to retire two coal plants by…
Germany will likely build two terminals to import liquefied natural gas (LNG), Economy Minister Peter Altmaier said on Tuesday, in a move to appease the…