Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Saudi oil giant Aramco will be heavily investing in increasing its refining capacity and chemicals business in pursuit of securing more downstream markets for its…
ExxonMobil, which unlike its competitors steered clear of energy trading in the past, has recently started to hire experienced traders as it aims to trade…
Iran plans to issue bonds in the next few months to help fund oil projects in the country, according to the head of the local…
Nigeria’s oil exports are expected to drop to their 2018 low in July—to just 1.43 million bpd, compared to 1.796 million bpd in June, partly…
OPEC and allies should not bow to the pressure to increase production to offset supply disruptions, Iraq’s Oil Minister Jabbar al-Luiebi said on Monday, adding…
The global liquefied natural gas (LNG) market is not in oversupply currently and will likely tighten after 2024, when Qatar will have increased its LNG…
One of the biggest Iranian oil customers among India’s refiners, Nayara Energy—formerly known as Essar Oil—started scaling back oil purchases from Iran this month, Reuters…
India’s top oil explorer, state-run Oil and Natural Gas Corporation (ONGC), has seen its cash reserves plummet by more than 90 percent in one year,…
A month after Iraq’s general election on May 12, the political divides and bickering over the results threaten to plunge OPEC’s second-largest oil producer into…
Canada may be the fourth largest producer and third largest exporter of oil in the world, but it has one sole customer of its oil—the…
OPEC will probably reject Iran’s request to put the U.S. sanctions against Tehran up for discussion at the cartel’s official meeting later this month, a…
A Canadian clean energy company and its founder who is a Harvard Professor say that they have developed an affordable way to capture carbon dioxide…
Equinor has struck oil in a wildcat well drilled in the central part of the North Sea, in an area not previously known to contain…
China’s crude oil imports dropped in May from the record-high in April, as some major refineries started planned maintenance and as China ordered some independent…
Peak oil demand could come around 2030 at 111 million bpd in the current market as road transport electrification and efficiency gains in all sectors…
Oil prices could jump to $140 a barrel due to the U.S. sanctions against Iran and Venezuela, Iran’s OPEC governor Hossein Kazempour Ardebili told Reuters…
Some of the world’s biggest oil companies bid aggressively in Brazil’s latest offshore bid round on Thursday, snapping up acreage in three blocks in the…
OPEC’s efforts to erase the oil glut and lift oil prices paid off as the cartel reaped higher revenues from crude oil exports in 2017,…
Oil market analysts are looking into the global supply and demand picture to guess where the price of oil is heading, and opinions and forecasts…
OPEC’s second-largest producer Iraq has taken steps toward selling its crude oil on a delivered basis after it is looking to build its own tanker…