Tsvetana Paraskova

Latest articles from Tsvetana

• Pirates Threaten Oil And Gas Shipping In The Red Sea

  Published 03 November 2016 | viewed 19,559 times

  In November 2015, UK-based maritime security consultancy Ambrey Risk warned that the drop off in media reports of piracy in the Gulf of Aden should…

• Wood Mackenzie Sees Oil Markets Recovering In H2 2017

  Published 03 November 2016 | viewed 16,642 times

  Regardless of whether OPEC manages to pull off a real deal on curbing production, the oil market is bound to recover in the second half…

• Transocean Q3 Earnings Drop Annually, But Beat Estimates

  Published 03 November 2016 | viewed 4,990 times

  In a sign that the oil price bust continues to weigh on drilling activity, offshore rig operator Transocean Ltd (NYSE:RIG) reported on Wednesday third-quarter earnings…

• UAE Approves ADNOC Plan To Raise Oil Output To 3.5M Bpd By 2018

  Published 03 November 2016 | viewed 15,362 times

  Abu Dhabi’s Supreme Petroleum Council has given the go-ahead to the five-year business plan of Abu Dhabi National Oil Company (ADNOC), which envisages the company…

• Saudi Non-Oil Growth Caught In The Oil Price Bust Vicious Circle

  Published 03 November 2016 | viewed 11,387 times

  While Saudi Arabia has started taking austerity measures to counter the falling revenues of its heavily-oil-dependent economy, the kingdom’s non-oil private sector growth slowed down…

• Militants Attack Nigeria’s Trans Forcados Pipeline, Again

  Published 02 November 2016 | viewed 17,751 times

  Just two days after the Nigeria’s state-owned Trans Forcados oil pipeline resumed operations following an attack in July, militants hit the pipeline again late on…

• The Oil Century: How Oil Transformed America

  Published 02 November 2016 | viewed 12,427 times

  The autumn of 1908 was a landmark moment in America’s car industry. In September of that year, William C. Durant founded the company that would…

• Kurdistan Reportedly Sells 910,000 Bpd For $1B Every Month

  Published 02 November 2016 | viewed 6,323 times

  The Kurdistan Regional Government (KRG) in northern Iraq is selling 910,000 bpd and reaping nearly US$1 billion in oil revenues every month, an investigative reporting…

• Libya’s NOC Needs $2.5B To Boost 2017 Output To 800,000 Bpd

  Published 02 November 2016 | viewed 7,053 times

  Libya’s National Oil Corporation needs US$2.5 billion to invest in raising its crude oil production to 800,000 barrels per day next year from around 590,000…

• BP Beats Forecasts, But Earnings Slump On Weak Oil, Refining Margins

  Published 01 November 2016 | viewed 4,724 times

  BP (NYSE:BP) reported on Tuesday a third-quarter profit that beat analyst estimates, but weaker oil prices and sharply lower refining margins dragged its earnings down…

• Shell Q3 Profit Trumps Estimates, But Low Oil Prices Remain A Challenge

  Published 01 November 2016 | viewed 8,084 times

  Following a dismal second quarter, Royal Dutch Shell (NYSE:RDS.A) reported on Tuesday a third-quarter profit that trumped analyst estimates. Despite the profit, Shell cautioned that…

• U.S. Gasoline Price Jumps After Colonial Pipeline Explosion Kills One

  Published 01 November 2016 | viewed 14,193 times

  Gasoline futures were surging almost 10 percent on Tuesday morning after Colonial Pipeline had to shut down part of its main pipeline for a second…

• 105 Oil & Gas Bankruptcies: But Production Isn’t Shrinking

  Published 31 October 2016 | viewed 20,240 times

  The oil price crash has been creating a wave of energy-related bankruptcy filings in the past two years, prompting many U.S. energy companies that were…

• Confident Saudis To Lift Oil Prices To Asia For December

  Published 31 October 2016 | viewed 22,204 times

  Saudi Arabia will likely raise the official selling price (OSP) differentials for Asia for December, to reflect an October premium in the spread between two…

• Experts Remain Bearish On Brent – See $45 Oil Throughout 2016

  Published 31 October 2016 | viewed 20,123 times

  Economists and analysts have kept their average Brent price outlook for 2016 almost unchanged at US$44.78 per barrel, as growing hurdles to a global deal…

• Baker Hughes To Merge With GE Oil & Gas Business In $32B Group

  Published 31 October 2016 | viewed 8,987 times

  GE (NYSE:GE) and Baker Hughes (NYSE:BHI) said on Monday they had agreed to merge GE’s oil and gas business with Baker Hughes to create an…

• Nigerian Oil Pipeline Hit By Fresh Violence In Niger Delta

  Published 31 October 2016 | viewed 9,875 times

  An oil workers’ representative said on Monday that there was another attack on an oil pipeline in the Niger Delta, which a fairly new militant…

• Brazil To Attend Oil Output Talks With OPEC Tomorrow

  Published 28 October 2016 | viewed 8,777 times

  Brazil - a non-OPEC producer with a fast-growing oil output - will be joining other non-OPEC members, including Russia, at Saturday’s discussion with the cartel…

• Chevron Q3 Earnings Trounce Analyst Estimates

  Published 28 October 2016 | viewed 8,154 times

  Chevron Corporation (NYSE:CVX) reported on Friday a third-quarter net income that beat analyst estimates by a wide margin, saying that the earnings reflected an improvement…

• Eni Misses Q3 Forecasts As Low Oil Price Still Bites

  Published 28 October 2016 | viewed 6,342 times

  Italy’s oil major Eni (NYSE:E) reported on Friday an adjusted net loss for the third quarter that was worse than analysts had expected, due to…