Tsvetana Paraskova

Latest articles from Tsvetana

• U.S. Considers Lifting Oil Sanctions On Iran

  Published 20 April 2017 | viewed 12,375 times

  While acknowledging that Iran has so far complied with the nuclear deal it agreed to, U.S. Secretary of State Rex Tillerson said on Tuesday that the…

• Tanzania Drafts $30B LNG Export Project Deal

  Published 19 April 2017 | viewed 29,742 times

  Tanzania’s government has prepared a draft agreement with international oil companies willing to take part in a $30-billion LNG export project, and has sent the…

• Kuwait: Iran May Keep Production Level If OPEC Extends Cuts

  Published 19 April 2017 | viewed 8,078 times

  Iran will likely be allowed to maintain its current oil production levels should OPEC decide next month to extend the output cut deal for another…

• Oil Prices Still Too Low To Allow Angola Balance Its Budget

  Published 19 April 2017 | viewed 9,230 times

  Angola, whose economy is highly dependent on the oil industry and crude export revenues, needs a price of oil at around $85 per barrel in…

• Alaska Needs Much Higher Oil Prices To Reverse Its Oil Fortunes

  Published 18 April 2017 | viewed 17,347 times

  This year marks Alaska’s 40th anniversary of the Trans Alaska Pipeline Systems (TAPS)—an 800-mile-long crude oil route that runs from the North Slope to Valdez, the…

• Saudi February Crude Oil Exports Drop To 21-Month Low

  Published 18 April 2017 | viewed 9,308 times

  As Saudi Arabia is overcomplying with the OPEC production cuts and showing fellow OPEC members a ‘lead by example’, the Kingdom cut its crude oil…

• China Revives Plan To Launch Shanghai Crude Oil Futures

  Published 18 April 2017 | viewed 9,934 times

  Earlier this year, China was thought to have indefinitely postponed plans to launch a new oil futures contract, but it’s looking now like it is…

• Oil Prices Drop As Saudis Say Too Early To Decide Cuts Extension

  Published 18 April 2017 | viewed 19,302 times

  Oil prices dropped on Tuesday morning as the market continues to buy Saudi Arabia’s rhetoric that adds to outlooks for weaker global demand growth and…

• Russian Tanker Owner Holds PDVSA Oil Cargo Hostage Over Debts

  Published 18 April 2017 | viewed 28,187 times

  Despite the fact that it managed to make the bond payment due last week, Venezuela’s PDVSA is in a precarious financial position, and regardless of…

• Supply Crunch Or Oil Glut: Investment Banks Can’t Agree

  Published 12 April 2017 | viewed 17,379 times

  In recent years, U.S. shale has thrown in another unknown in the mix of factors driving the price of oil. This year, shale output forecasts…

• Kurdistan Resumes Oil Exports After Pipeline Maintenance

  Published 12 April 2017 | viewed 6,356 times

  The semi-autonomous Kurdistan Regional Government (KRG) resumed on Wednesday crude oil exports via the Kirkuk-Ceyhan pipeline to the Turkish Mediterranean coast, following a three-day planned maintenance…

• World’s 2nd Largest LNG Importer to Boost Consumption

  Published 12 April 2017 | viewed 8,315 times

  The two leading candidates in next month’s presidential election in South Korea are vowing to scale back the country’s reliance on nuclear energy and coal…

• China’s CNPC Opens Middle East Regional HQ In Dubai

  Published 12 April 2017 | viewed 12,559 times

  China National Petroleum Corporation (CNPC) and the Jebel Ali Free Zone of Dubai signed on Tuesday a deal under which the Chinese state-held oil giant will…

• Six Teenagers Win Court Appeal In Colorado Fracking Case

  Published 11 April 2017 | viewed 21,120 times

  The Colorado Court of Appeals has recently ruled 2-1 in favor of six teenage activists who had petitioned the Colorado Oil and Gas Conservation Commission to…

• OPEC Jumps On The Big Data Bandwagon

  Published 11 April 2017 | viewed 14,529 times

  While it tries to ‘fix’ the oil market with production cuts, OPEC is jumping on the big-data bandwagon and is launching an Oil and Gas…

• Russia Signals Weighing Extension Of Oil Output Cuts

  Published 11 April 2017 | viewed 9,217 times

  Russia’s Energy Ministry will soon begin talking with domestic oil companies about the option to extend the production cuts beyond June, Energy Minister Alexander Novak…

• Saudis Cut Deeper In March, Continue To ‘Overcomply’ With OPEC Deal

  Published 11 April 2017 | viewed 10,847 times

  Saudi Arabia reduced its crude oil production by 111,000 bpd to 9.9 million bpd in March, again generously overcomplying with the OPEC output cut deal…

• China, Myanmar Oil Pipeline To Launch “Very Quickly”

  Published 10 April 2017 | viewed 8,939 times

  China and Myanmar have finally reached an agreement on an oil pipeline that that would allow China to import crude oil from overseas via Myanmar,…

• Shell And Eni Continue To Deny Involvement In $1.3B Corruption Scandal

  Published 10 April 2017 | viewed 8,497 times

  Oil majors Royal Dutch Shell and Eni SpA are reiterating that neither the companies nor any of their staff have been involved in any wrongdoing…

• Can ‘Fire Ice’ Solve Japan’s Energy Problem?

  Published 10 April 2017 | viewed 18,933 times

  Resource-challenged Japan, the world’s top LNG importer, the third-largest oil consumer and net importer, and the third biggest coal importer, is estimated to have spent…