Tsvetana Paraskova

Latest articles from Tsvetana

• India Extends Tax Break On Foreign Firms’ Oil Sales

  Published 01 February 2017 | viewed 4,904 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 18,984 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…

• U.S. Petroleum Trade With Latin America Flips To Surplus For First Time Ever

  Published 01 February 2017 | viewed 5,902 times

  In a change of trade patterns, the United States booked a surplus in its trade of crude oil and refined products with Latin America for…

• The Oil War Is Only Just Getting Started

  Published 31 January 2017 | viewed 75,781 times

  It’s been a month now that investors and analysts have been closely watching two main drivers for oil prices: how OPEC is doing with the…

• Oman Oil Company To Invest $1B In Oil, Gas Projects In 2017

  Published 31 January 2017 | viewed 12,880 times

  State-held Oman Oil Company plans to invest US$1 billion in developing various upstream and downstream projects in Oman this year, the firm’s chief executive Isam…

• West Africa Oil Exports To Asia Surge To Fill In OPEC Supply Gap

  Published 31 January 2017 | viewed 5,908 times

  West Africa is becoming the latest oil exporting region to take advantage of the OPEC supply-cut deal and ship increased volumes of crude to the…

• Experts See Higher Oil Prices But Surging Shale Is A Concern

  Published 31 January 2017 | viewed 12,972 times

  Analysts have raised their oil price forecasts for this year as the OPEC supply-cut deal is starting to tighten oil markets, but warned that rising…

• Exxon Misses Q4 Estimates On Low Prices

  Published 31 January 2017 | viewed 5,320 times

  After Chevron badly missed on its Q4 last Friday, another oil supermajor missed analysts estimates today: ExxonMobil Corporation (NYSE:XOM) reported fourth-quarter earnings below analyst expectations…

• Nigerian Trans Forcados Pipeline Could Reopen By End-Q2

  Published 31 January 2017 | viewed 6,170 times

  The Trans Forcados Pipeline in Nigeria - which has suffered several militant attacks and has been shut for most of 2016 – could resume operations…

• Kazakhstan’s Tengiz Oil Field Expansion To Create 20,000 Jobs

  Published 30 January 2017 | viewed 39,091 times

  The implementation of the project to raise production at Kazakhstan’s huge Tengiz oil field will create more than 20,000 oil-related jobs in the country, the…

• Sweden Set To Allow Port Hosting Nord Stream 2 Works

  Published 30 January 2017 | viewed 4,575 times

  In a change of course, the Swedish government is inclined to let Russia’s Gazprom use Sweden’s southern port of Karlshamn for the construction of the…

• U.S. Natural Gas-Fired Power Capacity Seen Rising 8% By 2018

  Published 30 January 2017 | viewed 9,221 times

  The U.S. electricity industry plans to raise natural gas-fired generating capacity by 8 percent in 2018 compared to existing capacity as of the end of…

• Oil Prices Spiral Lower On Signs Of Strong U.S. Oil Recovery

  Published 30 January 2017 | viewed 19,974 times

  Oil traded slightly lower early on Monday, as signals that the U.S. crude oil output is continuously recovering mostly outweighed signs that OPEC is largely…

• OPEC May Be Powerless To Stop Lower For Longer

  Published 29 January 2017 | viewed 18,331 times

  Just a few months after oil prices began to crash from its US$100 level in 2014, BP’s chief executive Bob Dudley warned the industry that…

• Angola’s March Oil Exports To Drop To 1.51 Million Bpd

  Published 27 January 2017 | viewed 22,461 times

  Angola’s state-held oil firm Sonangol plans to load 1.51 million barrels per day in March under its finalized exports schedule, down from plans to export…

• Independent Audit Confirms Saudi Aramco’s Huge Oil Reserves

  Published 27 January 2017 | viewed 27,777 times

  The external audit of the oil reserves of Saudi Aramco ahead of its planned IPO has confirmed that Saudi Arabia’s oil giant has more than…

• Chevron’s Q4 Earnings Miss Estimates By A Mile

  Published 27 January 2017 | viewed 15,657 times

  Chevron Corporation (NYSE:CVX) reported on Friday earnings of US$0.22 per share for the fourth quarter, compared with a loss of US$0.31 per share for the…

• Baker Hughes: International Capex To Increase Only If Oil Rises Above $65

  Published 27 January 2017 | viewed 6,779 times

  As Baker Hughes (NYSE:BHI) booked a fourth-quarter loss much wider than analysts had expected, the oilfield services group said on Thursday that it expects companies…

• Big Oil May Not Need To Borrow To Pay Dividends For The First Time In 5 Years

  Published 26 January 2017 | viewed 7,190 times

  The hefty cost cuts that the supermajors have made over the past two years, combined with relatively stable oil prices that are now over $50,…