Tsvetana Paraskova

Latest articles from Tsvetana

• OPEC: 50% Compliance To Output Deal Is ‘Enough’

  Published 13 January 2017 | viewed 12,459 times

  Just two weeks into the OPEC supply-cut deal and a day after Saudi Arabia signaled that it had cut more than pledged, the cartel itself…

• Brazil Sees Up To $1.4B Revenue From Oil, Gas Licensing In 2017

  Published 13 January 2017 | viewed 6,065 times

  Brazil expects to reap up to the equivalent of US$1.4 billion from three oil and gas exploration licensing rounds this year, Brazil’s Energy Minister Fernando…

• Exxon Finds More Oil Offshore Guyana

  Published 12 January 2017 | viewed 12,114 times

  ExxonMobil said on Thursday that it had found high-quality, oil-bearing sandstone reservoirs offshore Guyana in South America, close to its Liza discovery in the area.…

• Oil Discoveries To Rebound From Rock Bottom

  Published 12 January 2017 | viewed 12,610 times

  The tough couple of years that oil companies had to go through with the oil price crash has forced many of them to slash exploration…

• Despite Conflict, Yemen Tries To Win International Oil Firms Back

  Published 12 January 2017 | viewed 10,797 times

  There have been ‘positive indicators’ that international oil companies could resume activities and investments in Yemen, news outlet The New Arab reports, quoting a representative…

• EIA: Brent Prices To Average $53 In 2017

  Published 12 January 2017 | viewed 17,085 times

  As a result of rising oil prices in December, the U.S. Energy Information Administration has increased its forecast for both Brent and WTI crude oil…

• Nigerian Oil Workers Go On Strike, Stop Production At Several Flow Stations

  Published 12 January 2017 | viewed 5,897 times

  Oil workers in Nigeria have stopped crude production at several flow stations owned by state-run company NNPC as labor unions went on strike on Tuesday…

• The Siberian Winter That’s Helping Russia Comply With OPEC Cuts

  Published 11 January 2017 | viewed 8,806 times

  Russia cut 100,000 bpd of its crude oil production as early as in the first few days of the New Year, but it wasn’t the…

• Nigeria To Track Oil Output, Sales To Prevent Theft

  Published 11 January 2017 | viewed 5,532 times

  In a bid to prevent oil thefts and curb revenue losses, Nigeria will start tracking this year the volume of its crude oil output and…

• UAE Oil Minister: Too Early To Say If OPEC Deal Should Be Extended

  Published 11 January 2017 | viewed 10,390 times

  It is still too early to say if the oil supply deal should be extended beyond its original six-month period at the end of the…

• Saudis Cut February Oil Supply To Buyers In India, Southeast Asia

  Published 11 January 2017 | viewed 7,881 times

  Complying with the OPEC deal, Saudi Arabia has cut February term crude oil loadings to some buyers in India and Southeast Asia, but is shipping…

• India’s 2016 Oil Demand Jumps 11% To Record Highs

  Published 11 January 2017 | viewed 16,801 times

  India’s economic growth and rising income pushed up vehicle sales and fuel demand last year, with oil consumption soaring 11 percent to the highest on…

• Seismic Industry Still Reeling From Oil Price Bust

  Published 10 January 2017 | viewed 15,374 times

  The exploration and production business has been bearing the brunt of slashed investment and reduced budgets in the wake of the oil price crash. Yet,…

• Platts Sees China’s LPG Demand Growth Slows In 2017

  Published 10 January 2017 | viewed 5,933 times

  Driven by robust industrial and petrochemical consumption, Chinese liquefied petroleum gas (LPG) demand will continue to grow this year by 10 percent, but well below…

• Enbridge Sells New Canadian Crude Grade To US, But No One’s Buying

  Published 10 January 2017 | viewed 7,032 times

  Enbridge Inc has started offering the shipping of a new Canadian crude blend via pipeline to the U.S., but no refiner has bought any amount…

• PwC Advising Saudis On $20B In Cut Projects

  Published 10 January 2017 | viewed 25,803 times

  PricewaterhouseCoopers is advising Saudi Arabia on US$20 billion worth of projects it could cancel in order to reduce the budget deficit it had amassed with…

• Oil Downturn Shrinks Texas 2018-19 Spend By 2.7%

  Published 10 January 2017 | viewed 4,493 times

  Texas is expected to have around US$104.9 billion in revenue available for general-purpose spending in 2018 and 2019, down by 2.7 percent compared to the…

• ‘’2017 E&P Spend To Rise For First Time In Three Years’’

  Published 10 January 2017 | viewed 11,308 times

  Following a couple of years of reduced exploration and production (E&P) investments, spending by global oil and gas companies is expected to increase by 7…

• Iran To Begin Gas Exports To Iraq Once Baghdad Starts Paying

  Published 10 January 2017 | viewed 5,889 times

  Iran is ready to begin exporting natural gas to Iraq via a pipeline as soon as Baghdad starts making payments, Iranian deputy oil minister for…

• Rosneft Seeks To Pull Out Of Its Only Project In Algeria

  Published 09 January 2017 | viewed 8,675 times

  Rosneft may soon withdraw from its only project in Algeria, an exploration project which Russia’s oil giant considers to have doubtful prospects, Russian business daily…