Tsvetana Paraskova

Latest articles from Tsvetana

• Expensive Middle East Crude Could Lose Market Share To U.S. Shale

  Published 07 February 2017 | viewed 18,972 times

  OPEC’s production cuts have put a floor under oil prices, at least for now. The resulting reduced supplies have also boosted the price of Middle…

• Iran, Oman To Reroute Planned Gas Pipeline To Avoid UAE

  Published 07 February 2017 | viewed 9,974 times

  Iran and Oman have agreed to alter the route of an underwater gas pipeline planned to ship Iranian gas to Oman in order to avoid…

• Oil Exports Boost Canada’s Second Straight Monthly Trade Surplus

  Published 07 February 2017 | viewed 6,643 times

  Exports of crude oil and crude bitumen at higher prices helped Canada record a second consecutive monthly trade surplus in December, Statistics Canada said on…

• Qatar Comfortable With Current Oil Prices As Fiscal Pressure Drops

  Published 07 February 2017 | viewed 9,966 times

  Higher oil prices since the OPEC deal have eased some of the burden on Qatar, whose government may not issue international debt this year, finance…

• Statoil’s Surprise $1.9 Billion Q4 Loss

  Published 07 February 2017 | viewed 4,032 times

  Norway’s Statoil (NYSE:STO) booked an unexpected net operating loss of US$1.897 billion for the fourth quarter, after taking US$2.3 billion net impairment charges mostly due…

• Shell Aims To Sell Stake In Danish Offshore Oil, Gas Venture

  Published 06 February 2017 | viewed 7,685 times

  Royal Dutch Shell (NYSE:RDS.A) is looking to sell its share of the offshore oil and gas joint venture Danish Underground Consortium, in which the Anglo-Dutch…

• Glencore Extends Deal To Lift 230,000 Bpd Of Libyan Oil

  Published 06 February 2017 | viewed 10,235 times

  Commodities giant Glencore has extended its deal with Libya’s National Oil Corporation (NOC) to be the exclusive trader of around 230,000 bpd of Libya’s current…

• Qatar Petroleum On The Hunt For International Projects

  Published 06 February 2017 | viewed 11,143 times

  State-held Qatar Petroleum seeks to grow its liquefied natural gas (LNG) production and reserves outside Qatar, according to the company’s chief executive officer Saad al-Kaabi.…

• Saudis To Raise $10 Billion Ahead Of Aramco IPO

  Published 06 February 2017 | viewed 13,635 times

  Saudi Arabia’s oil giant Saudi Aramco has hired four banks as advisers to its first bond sale, possibly by June this year, ahead of a…

• Gasoline Prices Could Rise 30 Cents Because Of Border Tax

  Published 04 February 2017 | viewed 12,413 times

  The border adjustment tax proposal in House Republican’s tax reform blueprint is widely seen as benefiting U.S. oil producers because it would exempt exports and…

• Radiation Level At Fukushima At Highest Since 2011 Disaster

  Published 03 February 2017 | viewed 10,968 times

  Radiation levels in one part of reactor no.2 at the Fukushima Daiichi nuclear power station are the highest since the disaster in March 2011, media…

• Has Big Oil Bought Into The Oil Price Recovery?

  Published 02 February 2017 | viewed 21,490 times

  Since oil prices recovered to over US$50 per barrel, analysts have started calling the bottom of the investment cycle in the oil industry. But while…

• Weatherford Slashes Another 3,000 Jobs

  Published 02 February 2017 | viewed 13,307 times

  As part of its strategy to further cut costs and reduce debt, oilfield services company Weatherford International (NYSE:WFT) said on Thursday that it had launched…

• Shell To Sell Another $5B In Assets, Misses Profit Expectations

  Published 02 February 2017 | viewed 8,139 times

  Royal Dutch Shell (NYSE:RDS.A) is making “significant progress” on selling another US$5 billion worth of assets, chief financial officer Simon Henry said on Thursday after…

• Saudis Raise March Crude Prices For All Customers

  Published 02 February 2017 | viewed 18,103 times

  Saudi Arabia has raised the prices of all grades it will be shipping to Asia, the U.S., Northwest Europe and the Mediterranean countries, with prices…

• Megadeals Boost Global Oil, Gas Transactions To $395B In 2016

  Published 02 February 2017 | viewed 7,565 times

  Although the volume of global oil and gas transactions dropped last year, the deals’ total value rose to US$395 billion from US$340 billion in 2015,…

• Saudis May Raise U.S. Investments On Pro-Oil Trump Policies

  Published 01 February 2017 | viewed 8,827 times

  Saudi Arabia may increase its investments in refining and distribution in the U.S. under the new pro-oil Administration, Saudi Oil Minister Khalid al-Falih said in…

• India Extends Tax Break On Foreign Firms’ Oil Sales

  Published 01 February 2017 | viewed 4,903 times

  India is exempting foreign companies from income tax when they sell oil locally at the end of a contract for strategic storage with the government,…

• Top 10 Bankruptcies Of 2016 Feature 9 Energy Firms

  Published 01 February 2017 | viewed 18,983 times

  Low oil prices and the distress of the solar, coal, and oil and gas producers resulted in nine energy firms making the top 10 of…

• Dakota Access Pipeline Set For Completion After Army Engineers' Approval

  Published 01 February 2017 | viewed 5,977 times

  The U.S. Army Corps of Engineers will be granting shortly the last approval needed for the completion of the Dakota Access Pipeline, North Dakota’s Republican…