Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Hengli Petrochemical, a unit of private Chinese chemical giant Hengli Group, is in talks with Saudi Aramco for long-term crude oil supplies for its new…
Japan could seek some kind of exemption from the returning U.S. sanctions on Iranian oil exports, as its companies don’t want to abruptly stop importing…
For nearly a week, the oil market has been digesting reports that Saudi Arabia and Russia are considering bringing back some production to ‘ease market…
Tesla has not started making electric vehicles in India yet because of some challenging government regulations, Elon Musk said on Wednesday. Replying to a user…
The huge discount of WTI Crude to Brent Crude has been supporting cheaper U.S. crude barrels bound for Asia, while West African cargoes, priced off…
France’s Total has 60 days to secure a waiver from the returning U.S. sanctions on Iran in order to stay in the multi-billion-dollar South Pars…
Electric vehicles (EVs) are expected to displace 2.5 million bpd of oil demand by 2030, as supportive policies and cost reductions will likely lead to…
Lebanon began on Tuesday its first exploration for oil and gas, after Lebanese authorities approved an offshore exploration plan by an international consortium led by…
The Royal Bank of Scotland (RBS) said on Tuesday that it would no longer provide project-specific funding for new coal-fired power stations, thermal coal mines,…
Russian assets have had a bumpy ride this year as a global retreat from emerging market assets and exchange-traded funds combine with a new wave…
Following disruptions of the oil flows on the pipeline feeding the Forcados terminal in Nigeria, the facility faces more than two weeks of delays of…
Just as the Saudis and Russia are said to be considering bringing back some production to address supply concerns, the energy ministers of Saudi Arabia,…
OPEC probably won’t decide in June to bring back more oil supply, because the cartel and its allies will be watching the ongoing geopolitical events…
The Government of Canada has reached an agreement with Kinder Morgan to buy the Trans Mountain Expansion Project and related pipeline and terminal assets for…
A Chinese investment firm will spend US$2 billion on building an oil refinery in the Iranian northern province of Mazandaran, the official Islamic Republic News…
The Philippines has notified China of its “red lines”—potential Chinese actions that would be unacceptable to Manila—in the South China Sea, including oil and gas…
The rise in oil prices in recent months has been a concern to oil-importing nations and to retail consumers as the rally has been inflating…
India doesn’t plan to use Venezuela’s ‘petro’ cryptocurrency to pay for crude oil imports from the Latin American nation of which it is a large…
Increased U.S. crude oil exports to Asia, supported by a wide WTI-Brent spread, are eating into Asian market shares of OPEC and Russia, the cartel’s…
Goldman Sachs continues to be bullish on oil despite the most recent market turbulence that saw prices plummet after reports that Saudi Arabia and Russia…