Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Mexico will hold three oil auctions by the end of July, offering more than 100 areas in deepwater, shallow waters, and onshore, before Mexican President…
Due to the recent oil industry downturn, Kuwait’s state-held firm Kuwait Foreign Petroleum Exploration (KUFPEC) has cut its target for oil and gas production outside…
A total of 27 small-sized U.S. refiners—a higher number than usual—have sought waivers from the biofuels standard program from the U.S. Environmental Protection Agency (EPA),…
Saudi Arabia may link the royalty on oil revenue that Aramco currently pays to oil prices, the state oil giant’s chief executive Amin Nasser told…
Brazilian state-controlled utility giant Eletrobras expects the share sale part of its upcoming privatization to raise between US$3 billion and US$4 billion, Eletrobras chief executive…
The oilfield services industry was hit hard by the 2014 oil price crash after exploration and production companies reduced investments and drilling during the downturn.…
One of the world’s biggest commodity traders, Trafigura, has signed a long-term agreement to transport 300,000 bpd from the Permian Basin to the port of…
Despite planned refinery shutdowns for maintenance at home, Saudi Arabia plans to keep the low level of its crude oil exports in the first quarter…
China’s push to have millions of households and thousands of industry users switch from coal to natural gas led to an unprecedented increase in natural…
Elon Musk’s compensation as chief executive officer at Tesla for the next 10 years will be contingent on the electric vehicle maker achieving ambitious performance…
Cash-strapped and crisis-stricken Venezuela “can easily manage” an oil production increase of 1 million bpd this year to lift its production capacity to 2.472 million…
Russian pension funds are mulling over investing in Saudi Arabia’s oil giant Aramco when it launches its initial public offering expected later this year, in…
Oil prices were up early on Tuesday, supported by a brighter outlook on the global economy for this year and next, as well as the…
The Trump Administration has offered to open more than 90 percent of the federal Outer Continental Shelf (OCS) for consideration of future exploration and development.…
The world’s oldest insurance market, Lloyd’s of London, is the latest member of the European insurance industry that will divest from coal, beginning in April…
Gunmen have kidnapped five oil workers of Nigerian energy firm Sahara Energy Oil Company in the southern oil-rich Delta state, hours after the most notorious…
While various experts and industry players debate if there will be peak oil demand anytime soon, Bank of America Merrill Lynch thinks that it may…
Venezuela is taking over the rotating presidency of OPEC for 2018 at a time when the country’s oil production is falling to a nearly three-decade…
Booming Chinese solar installations propelled annual worldwide investments in renewable energy and energy-smart technology 3 percent higher to $333.5 billion last year—the second-highest on record,…
Despite the fact that part of the Arctic National Wildlife Refuge (ANWR) has been declared open to drilling, low oil prices and abundance of onshore…