Tsvetana Paraskova

Latest articles from Tsvetana

• Electric Buses Are Eroding Oil Demand

  Published 24 April 2018 | viewed 12,632 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 28,606 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 14,695 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 18,287 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 6,118 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…

• Is The Oil Market Ready For Sanctions On Iran?

  Published 21 April 2018 | viewed 31,947 times

  Oil market participants and analysts will be intently watching the Trump Administration over the next month. May 12 is the deadline for the U.S. President…

• Shell’s Profits Soar From Strong Asian Demand

  Published 20 April 2018 | viewed 19,754 times

  Oil major Shell has snapped up over 8 million barrels of June-loading crude oil grades from the Middle East and Russia and has resold some…

• Private Chinese Chemical Giant Gets Largest-Ever Oil Import Quota

  Published 20 April 2018 | viewed 18,663 times

  Hengli Petrochemical, a unit of private Chinese chemical giant Hengli Group, has obtained state approval to import 400,000 bpd of crude oil—the largest quota ever…

• Can $80 Oil Be Justified?

  Published 20 April 2018 | viewed 15,500 times

  Oil prices could reach $80 a barrel in April, although such a price would not be justified by market fundamentals, Russia’s Energy Minister Alexander Novak…

• EPA Set To Unveil More Flexible Rules For Oil And Gas Industry

  Published 20 April 2018 | viewed 9,366 times

  The U.S. Environmental Protection Agency (EPA) is expected to announce on Friday a new policy that could help avoid costly legal battles over companies violating…

• Trump Slams OPEC For Manipulating Oil Prices

  Published 20 April 2018 | viewed 17,979 times

  Oil prices reversed gains and dipped early on Friday after U.S. President Donald Trump tweeted that oil prices are “artificially very high” and “will not…

• Gazprom And Saudi Aramco Boost Gas Cooperation

  Published 19 April 2018 | viewed 9,451 times

  Russia’s state-controlled gas giant Gazprom and Saudi Aramco have agreed to boost their cooperation in the gas sector, widening the possible areas of collaboration in…

• Senegal Has A Chance To Dodge The ‘Oil Curse’

  Published 19 April 2018 | viewed 9,979 times

  Senegal is a newcomer to the oil industry, and as the international companies that ventured into the West African country and struck oil in 2014…

• Is OPEC Underestimating U.S. Shale?

  Published 19 April 2018 | viewed 13,154 times

  The oil production cuts and healthy oil demand growth have helped the global inventory surplus to nearly vanish and it certainly looks very much like…

• OPEC Panel Confirms The Oil Glut Is All But Eliminated

  Published 19 April 2018 | viewed 12,574 times

  A meeting of the Joint Technical Committee (JTC) of the OPEC and non-OPEC oil producers part of the supply-cut pact found on Thursday that oil…

• Oil Soars To Highest Price Since 2014

  Published 19 April 2018 | viewed 17,164 times

  Oil prices reached highs last seen at the end of 2014 early on Thursday, with WTI Crude trading just below $70 a barrel after another…

• CNOOC Sells LNG In First Auction As China Looks To Avoid New Gas Crunch

  Published 18 April 2018 | viewed 13,373 times

  China National Offshore Oil Corporation (CNOOC) sold two liquefied natural gas (LNG) cargoes on a local exchange for the first time, just as China emerged…

• Four U.S. States Generate Over 30% Of Their Electricity From Wind

  Published 18 April 2018 | viewed 17,507 times

  Wind power generated a record 6.3-percent share of total U.S. electricity last year, with four states generating more than 30 percent of their electricity from…