Tsvetana Paraskova

Latest articles from Tsvetana

• Big Oil Is Set For A Break Out

  Published 26 April 2018 | viewed 14,404 times

  Oil majors began to reap the benefits of the higher oil prices and lower costs as early as last year when they started reporting growing…

• Big Oil Snubs Iraq’s Exploration Auction

  Published 26 April 2018 | viewed 9,222 times

  No international oil major won any exploration and development contracts in Iraq’s Thursday auction of 11 oil and gas blocks, as the bidding attracted just…

• Gazprom Continues To Ship Gas To Europe Like It’s Winter

  Published 26 April 2018 | viewed 11,876 times

  Gazprom is currently shipping as much gas to Europe as it typically does in winter months, and expects demand this summer to be close to…

• Shell Sees Profit Soar On Higher Oil Prices

  Published 26 April 2018 | viewed 7,541 times

  Shell (NYSE:RDS.A) on Thursday reported that first-quarter earnings had soared 42 percent annually, reaping the benefits of higher oil prices and strong integrated gas performance,…

• Hess Posts Lower-Than-Expected Q1 Loss

  Published 26 April 2018 | viewed 6,001 times

  Hess Corp (NYSE:HES) reported on Wednesday a smaller-than-forecast loss for the first quarter of 2018 as higher oil prices and lower operating costs helped it…

• Italian Design Studio Is Crowdfunding Floating Solar-Powered City

  Published 25 April 2018 | viewed 10,210 times

  An Italian design studio, Lazzarini Design, has launched a crowdfunding campaign to kickstart the construction of a floating city consisting of solar-powered pyramids. Solar panels…

• Iran Claims Its Oil Exports To India Are Not Dropping

  Published 25 April 2018 | viewed 8,167 times

  Iran says that its crude oil exports to India have hit 700,000 bpd this month, with sales volume “unprecedented”, Iranian media report, quoting a statement…

• Will Higher Oil Prices Boost The Global Economy?

  Published 25 April 2018 | viewed 15,880 times

  The recent oil price rally is sure to boost petrodollar inflows into the government coffers and sovereign wealth funds of oil producing nations. A part…

• World Bank: Oil Prices To Average $65 This Year

  Published 25 April 2018 | viewed 21,501 times

  Oil prices are expected to average $65 a barrel this year, up from the $53 per barrel average of 2017, driven by strong consumer demand…

• Asia’s Biggest Refiner To Continue Cutting Saudi Crude Oil Imports

  Published 25 April 2018 | viewed 8,265 times

  Having slashed Saudi crude imports for May by 40 percent, China’s Sinopec—the largest oil refiner in Asia—will continue to cut imports of the flagship Saudi…

• Is This The Most Bullish Oil Market Of All Time?

  Published 24 April 2018 | viewed 41,551 times

  Money managers are overwhelmingly betting that oil prices will continue to rise in the short term as geopolitical wild cards trump concerns that U.S. shale…

• Taiwan Giant To Build $9.4B Chemical Complex In Louisiana

  Published 24 April 2018 | viewed 10,256 times

  Taiwan-based petrochemical giant Formosa Petrochemical Corp has selected St. James Parish in Louisiana for a US$9.4 billion chemical manufacturing complex, the office of Louisiana Gov.…

• Saudi Aramco Aims To Nearly Double Its Oil Trading By 2020

  Published 24 April 2018 | viewed 8,496 times

  Aramco Trading, the trading arm of Saudi Arabia’s oil giant Saudi Aramco, will be looking to trade up to 6 million bpd of crude and…

• Electric Buses Are Eroding Oil Demand

  Published 24 April 2018 | viewed 12,629 times

  The world’s biggest oil importer—China—is home to 99 percent of all electric buses globally, and as Chinese cities are adding e-buses at a break-neck pace,…

• Iran Pushes Back Against The OPEC Deal

  Published 24 April 2018 | viewed 12,846 times

  Extending the OPEC cuts beyond their current expiry date at the end of 2018 would seem unnecessary if oil prices keep rising, Iran’s Oil Minister…

• CenterPoint Energy To Buy Indiana-Based Vectren For $6B

  Published 23 April 2018 | viewed 7,273 times

  Houston-based CenterPoint Energy and Indiana-based Vectren said on Monday that they had agreed to merge in a US$6-billion transaction to become a leading U.S. energy…

• What Is A ‘Fair’ Price For Oil?

  Published 23 April 2018 | viewed 28,604 times

  Last week, oil prices hit their highest level since late 2014 on the back of continued global and U.S. stockpile drawdowns and expectations that oil…

• U.S. Oil Looks To Conquer European Market

  Published 23 April 2018 | viewed 14,693 times

  U.S. crude oil and condensate exports to Europe are expected to hit an all-time high of around 550,000 bpd in April, according to shipping programs,…

• Hedge Funds Are Certain Oil Prices Will Head Higher

  Published 23 April 2018 | viewed 18,285 times

  Money managers have amassed close to record long positions in the six-major oil-linked futures and option contracts, and the ratio of longs to shorts is…

• Halliburton Returns To Q1 Profit On Strong North America Business

  Published 23 April 2018 | viewed 6,117 times

  On Monday, Halliburton (NYSE:HAL) reported a net income for the first quarter, compared to a net loss for the same period last year, as the…