Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
The earnings season for the oil majors is over. Judging from their results, so is the three-year downturn that has transformed the industry after companies…
Islamic State is running online casinos as the terrorists try to compensate dwindled revenues from oil smuggling after they were driven out of vast areas…
Libya’s oil production averaged more than 1 million bpd in January, for the first time topping the million-bpd-mark for a full month since July 2013,…
Iraq is looking to attract US$100 billion worth of foreign investment that would help it rebuild its oil refining and petrochemicals sectors and reconstruct crucial…
In a move that could upend the pricing and trading of one of the world’s most actively traded commodities, China plans to finally launch its…
The budget deal that the U.S. Congress reached on Wednesday includes the sale of 100 million barrels of crude oil from the Strategic Petroleum Reserve…
The arrival of a tanker in Boston that contained liquefied natural gas (LNG) coming from a recently inaugurated Russian project grabbed a lot of media…
Tesla Inc (NASDAQ:TSLA) reported after market closure on Wednesday a lower-than-expected net loss and significantly slower cash-burn rate for Q4, while it confirmed its target…
Supermajors Eni and Total have made a promising gas discovery offshore Cyprus that confirms that the Zohr-like play where Eni found the biggest gas deposit…
Gazprom Neft—the Russian oil company that has publicly expressed frustration with the OPEC-Russian deal to curtail oil supply—does not rule out that the joint cooperation…
The Permian has increased its oil production more than any other shale basin in recent years, and it even had its production growing when all…
France’s supermajor Total SA continues to work on the South Pars gas project in Iran despite the uncertainty over potential new U.S. sanctions on Iran,…
Norway’s Statoil (NYSE:STO) said on Wednesday that it had reduced the breakeven for the first phase of its Johan Sverdrup offshore project to below US$15…
Oil prices will likely be below $70 per barrel this year, as growing U.S. onshore production as well as rising production from conventional fields will…
Saudi Aramco and Malaysia’s state-held oil firm Petronas are close to signing a deal to take an US$8-billion loan that would partly finance the construction…
For most of 2017, China’s crude oil imports exceeded those of the U.S. on a monthly basis. Now Chinese crude oil import volumes also surpassed…
OPEC member Angola—Africa’s second-largest oil exporter that relies on oil for 90 percent of government revenues—wants to expand its commodity mix into gold and hopes…
The top U.S. oilfield service provider Halliburton is challenging the world’s largest oil field service provider Schlumberger on a new turf these days—the U.S. Patent…
At a time when EVs and driverless technology are all the rage, Chinese drone maker EHANG has posted footage of the latest test flights of…
Higher oil prices and increased upstream production from newly started fields helped BP (NYSE:BP) to more than double its 2017 earnings and beat expectations for…