Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
China has issued its second batch of crude oil import quotas to independent refiners and trading companies for 2018—a much smaller batch, but the low…
Faced with the return of U.S. sanctions, Iran is studying a revival of a plan to barter crude oil for goods, possibly resuming the scheme…
Power use on the U.S. East Coast has been at its highest levels in years in recent days as a heat wave has been sweeping…
U.S. President Donald Trump took to Twitter again on Wednesday to complain about high oil prices and criticize OPEC, demanding that prices be reduced—and this…
U.S. President Donald Trump and Russian President Vladimir Putin may discuss the state of the oil market at their summit on July 16, although there…
Elon Musk has reportedly ordered employees to skip a standard but critical brake test in the final stages of Model 3 production during the last…
The U.S. military reaffirmed on Wednesday its promise to help keep oil tanker waterways in the Persian Gulf open, after Iran hinted that it might…
Battery-powered electric vehicles have been stealing the spotlight from fuel cell vehicle technology, despite the fact that the latter has been around for a decade…
The U.S. Administration is seeking ways to save coal and nuclear power facilities from early retirement, citing concerns over a depletion of nuclear power in…
One of the world’s biggest oil and commodity traders Glencore has been ordered by the U.S. Department of Justice to produce documents and records about…
As oil stocks have lagged behind the oil price rally, a growing number of U.S. oil companies are now tying the salaries and short-term bonuses…
Libya’s Tripoli-based National Oil Corporation (NOC) is calling for sanctions against 46 individuals and entities seeking to run four oil ports that are now closed…
OPEC’s oil production in June increased by 320,000 bpd from May to stand at 32.32 million bpd, as the cartel’s biggest producer Saudi Arabia produced…
The Abu Dhabi National Oil Company (ADNOC) has the ability to raise its oil production by “several hundred thousand” barrels per day, the state-run oil…
The World Bank supports Egypt’s efforts to be a regional oil and gas trading hub, as several new gas projects started up recently in the…
Italy’s oil major Eni will announce by the end of this year binding commitments to become carbon neutral, its chief executive Claudio Descalzi said on…
Indian refiners are preparing for any scenario in case they won’t be able to import any Iranian crude oil as the United States steps up…
BP and its partners have started up the US$28-billion Shah Deniz 2 gas development in Azerbaijan which is the starting point of the Southern Gas…
Russia’s budget has received more than US$63.5 billion (4 trillion Russian rubles) in additional revenues thanks to the production cut deal between OPEC and non-OPEC…
U.S. gasoline prices are at a four-year-high this year as a result of the higher price of oil which has reached a three-and-a-half-year high in…