Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Venezuela’s main oil terminal, Jose, suffered disruptions in operations on Tuesday after a break in a pipeline had led to a crude spill, Reuters reports,…
Until yesterday, analysts were largely estimating the value of Saudi Aramco well below the Saudi claim that it is worth $2 trillion, but the Kingdom’s…
London-listed oil services provider Petrofac said on Tuesday that it had won a contract with Kuwait Oil Company for a $1.3-billion gathering center project in…
The European Court of Justice, Europe’s top court, on Tuesday ruled that sanctions imposed by the UK and the EU on Russia’s oil giant Rosneft…
Saudi Arabia is cutting the tax rate on Aramco to 50 percent from 85 percent in a bid to attract international investors for next year’s…
The recent drop in oil prices, which has almost wiped out the price gains since OPEC announced its supply-cut deal, is coming just ahead of…
Saudi Aramco has invited China’s Sinopec to take part in the upcoming initial public offering (IPO) of the Saudi oil company planned for next year,…
Norway’s Statoil plans to invest the equivalent of $2.34 billion on extending the lifetime of a field in the Norwegian Sea and starting production in…
Russia’s top oil producer Rosneft and gas giant Gazprom plan to invest a combined $1.42 billion (80.8 billion rubles) in offshore exploration in 2017, Russia’s…
Norway’s Statoil has found oil and gas drilling a wildcat well next to producing oil fields in the northern part of the North Sea, the…
Despite recent talks of imminent start-up, the launch of an oil pipeline that would allow China to import crude oil from overseas via Myanmar has…
TransCanada Corporation said on Friday that the U.S. Department of State had signed and issued a Presidential permit authorizing the company to construct and operate…
Since Nikola Tesla and George Westinghouse lit up Buffalo from Niagara Falls at the end of the 19th century, electricity has been an integral part…
Much cheaper, shorter-cycle and easier to pump U.S. shale has made Arctic oil exploration economically unjustifiable at the current oil prices, according to Goldman Sachs…
The global oil product inventories have to be drawn down in order to see demand for product tankers pick up, according to Henry Curra, global…
Amid confusing discrepant production, export figures. and baselines for OPEC’s cut deal, the cartel’s de facto leader and biggest producer and exporter Saudi Arabia is…
Five Russian oil companies have won appeals and lawsuits in the UK to have their fraudulent and unconnected ‘doppelgangers’ that were registered last year removed…
As the U.S. has been increasingly growing its LNG exports in recent months, Intercontinental Exchange (ICE) said on Wednesday that it would start trading the…
A Saudi logistics company has just opened a Houston office to seize the opportunity to ship increased volumes of oilfield and plant construction equipment to…
Commodity trading group Vitol and France’s oil major Total SA have offered out around 11 million barrels of Nigerian crude oil grades for April, Platts…