Tsvetana Paraskova

Latest articles from Tsvetana

• Europe’s Biggest Gas Field To Close Over Quake Risk

  Published 01 April 2018 | viewed 20,694 times

  Europe’s biggest gas field--Groningen in the north of the Netherlands--has been pumping gas for more than half a century and supplies gas to 98 percent…

• Exxon Snaps Up 8 Brazil Offshore Blocks

  Published 30 March 2018 | viewed 9,448 times

  ExxonMobil snapped up eight offshore exploration blocks in the latest Brazilian bid round on Thursday, leading Big Oil’s aggressive move on acreage next to the…

• Russia Could Build North-South Korea Gas Pipeline

  Published 30 March 2018 | viewed 22,135 times

  A decade-old idea of a Russian gas pipeline to South Korea via North Korea could be revived if the security situation on the Korean peninsula…

• EPA To Scrap Fuel Efficiency Rules

  Published 30 March 2018 | viewed 6,217 times

  The U.S. Environmental Protection Agency (EPA) is expected to announce in the coming days that it will be rolling back the fuel economy targets for…

• World’s Most Indebted Oil Company Makes Major Hedge

  Published 30 March 2018 | viewed 15,214 times

  In February and March, Brazil’s state-controlled oil firm Petrobras hedged 128 million barrels of its expected 2018 production —equal to around 15 percent of total…

• Big Oil Expresses Interest In 11 Iraqi Oil & Gas Fields

  Published 30 March 2018 | viewed 9,737 times

  Sixteen companies—including Big Oil’s Exxon, Chevron, and Total—have expressed interest in taking part in Iraq’s bidding round on April 15, which will award the rights…

• Big Oil Rushes To Brazil Despite Expropriation Fears

  Published 29 March 2018 | viewed 8,605 times

  The largest international oil companies will be vying on Thursday to grab acreage next to Brazil’s coveted offshore pre-salt layer, despite a last-minute court decision…

• EV Battle Heats Up Amid Trump Tariffs

  Published 29 March 2018 | viewed 11,091 times

  Electric vehicle makers have largely relied on aluminum to make their cars lighter in hopes of offsetting the weight of the battery pack and reducing…

• New Oilfield Capex To Surpass $800 Billion By 2025

  Published 29 March 2018 | viewed 9,733 times

  Capital expenditure on upcoming oil and gas fields worldwide will amount to US$811 billion on 615 projects planned between 2018 and 2025, data and analytics…

• JP Morgan Sees Oil Prices Fall Back To $50

  Published 29 March 2018 | viewed 11,655 times

  Surging U.S. shale production, coupled with a breakeven oil price duel between OPEC and international oil majors, will likely drive oil prices back to the…

• As Trade War Heats Up, China Hints at Early ‘Petro-Yuan’

  Published 29 March 2018 | viewed 19,646 times

  In its efforts to make its currency more international and break the U.S. dollar’s global dominance, China is in the early stages of preparing to…

• Court Allows Tesla Shareholders To Proceed With SolarCity Lawsuit

  Published 29 March 2018 | viewed 6,015 times

  A Delaware court on Wednesday allowed Tesla shareholders to move forward with a lawsuit claiming that Elon Musk and Tesla’s board used their influence and…

• Venezuela Tries To Pay Russian Debt With Cryptocurrency

  Published 28 March 2018 | viewed 26,809 times

  If crisis-hit Venezuela was hoping to pay off its US$3.15-billion debt to Russia with its new cryptocurrency, those hopes have been shattered as the Russian…

• Augmented Reality Is A Game Changer For Oil & Gas

  Published 28 March 2018 | viewed 31,061 times

  Augmented reality and virtual reality technology is expanding beyond gaming and beyond chasing and catching Pokemon. Now, it’s hit the oil industry and aims to…

• Lukoil Value Pushes Past Russian State-Owned Giants

  Published 28 March 2018 | viewed 7,508 times

  Lukoil, Russia’s second-largest oil producer by output, now enjoys the highest market capitalization of any Russian energy company, after overtaking state-controlled giants Gazprom and Rosneft…

• U.S. Oil & Gas Exports Hit All-Time High

  Published 28 March 2018 | viewed 14,669 times

  U.S. energy exports rose to record levels last year, with both petroleum and natural gas posting record-highs as the shale boom and the second full…

• OPEC Backs Very Long-Term Saudi-Russia Oil Deal

  Published 28 March 2018 | viewed 11,166 times

  OPEC is looking to forge a “very long-term” cooperation with non-OPEC producers, the cartel’s Secretary General Mohammad Barkindo said on Wednesday, lending further credence to…

• The Invisible Sweet Spot For Big Oil

  Published 27 March 2018 | viewed 14,280 times

  Big Oil showed in its latest earnings that it has adapted to the lower-for-longer oil prices and is now making nearly as much profit as…

• Permian Drillers Prepare For Double-Digit Cost Jump

  Published 27 March 2018 | viewed 20,317 times

  U.S. shale companies expect a double-digit cost increase in services across the oil patch, and the Permian in particular, as the industry recovered from the…

• Germany Approves Russia-Led Nord Stream 2 Gas Pipeline

  Published 27 March 2018 | viewed 17,891 times

  Germany approved on Tuesday the construction and operation of the Russia-led Nord Stream 2 gas pipeline in its territorial waters, thus issuing all necessary permits…