Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
China exported a record volume of refined oil products in December, but the oil price rally has been driving refining margins down in recent weeks.…
State-held Saudi Electricity Company signed an agreement on Sunday with Japanese energy firms and carmaker Nissan to launch the first pilot project for electric vehicles…
Two of this week’s main market highlights were the continued oil prices rally—with Brent touching above $70 a barrel on Thursday for the first time…
Kenya has decided to allocate 20 percent of future oil revenues to the communities where crude oil has been discovered, cutting the share from an…
Oil producers may be enjoying oil prices at $65 to $70, but these price levels are likely to encourage even more oversupply from U.S. shale,…
Russia’s second-biggest oil producer, Lukoil, is mulling over selling 20 percent of its oil trading arm, Litasco, to managers of the oil trader, Lukoil’s chief…
Oilman and investment manager T. Boone Pickens is calling it quits with the energy-focused fund he has managed for the past two decades—BP Capital—citing deteriorating…
Less than a week after the Trump Administration proposed to open almost the entire U.S. coast to oil and gas drilling, Secretary of the Interior…
U.S. President Donald Trump said on Wednesday that the United States “could conceivably” return to the Paris Climate Accord, which sets out a global action…
The freezing temperatures in most of the Eastern U.S. in the week to January 5 led to the biggest ever weekly withdrawal from natural gas…
Saudi Arabia has shortlisted New York, London, and Hong Kong for the initial public offering of its oil giant Aramco, with the three exchanges considered…
One of the world’s largest commodity exchanges, the Intercontinental Exchange (ICE), will move trading in 245 futures and options contracts on North American oil and…
Since the new Russia-China oil supply agreement took effect at the start of the year, PetroChina’s largest refinery has almost doubled the amount of Russian…
OPEC’s oil production and supply cuts—now in their second year—have claimed a victim. It’s an industry that’s vital for the crude oil exports of oil-producing…
In a sign that it is trying to ensure that its highly anticipated IPO will take place this year, Saudi Aramco is seeking to obtain…
Royal Dutch Shell has sold its 20-percent stake in Iraq’s West Qurna-1 oil field to Japan’s Itochu Corporation, and Iraq has approved the transaction, a…
The Venezuelan Parliament, run by the opposition, voted on Tuesday to declare Nicolas Maduro’s plan to issue an oil-backed cryptocurrency—the Petro—illegal, claiming that it violates…
OPEC doesn’t want central banks around the world the start responding to inflationary pressure from oil prices above $70 a barrel, nor do they want…
Last week, the Trump Administration proposed the most aggressive U.S. offshore oil and gas drilling plan since the Reagan Administration, offering to open more than…
Moldovan businessman Anatolie Stati will ask courts to sell US$5.2 billion worth of a stake in Kazakhstan’s biggest oil field, Kashagan, held by a Kazakh…