Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
In a sign that major oil producers continue to suffer from low crude prices, Norway’s Statoil (NYSE:STO) reported on Thursday a third-quarter loss, missing by…
Zambia and Angola are set to resume talks on the construction of a pipeline that would carry petroleum products from oil-rich Angola to major copper…
Greece said on Wednesday that it is naming a consortium led by France’s Total SA (NYSE:TOT) and comprised of Italy’s Edison and Greece’s largest refiner,…
While pursuing its growing clean-energy businesses, Denmark’s DONG Energy confirmed on Wednesday that it does not consider its oil and gas business a long-term strategic…
Oil major BP (NYSE:BP) is set to ship 1 million barrels of U.S. crude to Australia and Thailand by the end of this year in…
France’s oil major Total SA (NYSE:TOT), mining and trading giant Glencore, and crude oil trader Gunvor have bid to buy 75 percent of Chevron’s (NYSE:CVX)…
Oilfield services group Baker Hughes (NYSE:BHI) reported on Tuesday a lower-than-expected adjusted net loss for the third quarter, but said that its North American business…
Uganda’s ministry of energy has invited for talks a dubious company registered in a tax haven to discuss the construction of a US$4-billion, 30,000-bpd crude…
Angola overtook Russia as China’s biggest oil supplier last month, exporting 1.02 million barrels per day to the Asian country, up by 45.8 percent on…
Fears of a possible default by Venezuela’s cash-strapped oil company PDVSA have mounted in recent weeks, but can now rest easy, after Venezuela managed to…
It could not be more ironic: carbon dioxide, the greenhouse gas responsible for climate change, may be able to help the renewables energy industry in…
Greece will repay all its oil debts to Iran under a two-year instalment plan, Iran’s Mehr News Agency reported on Friday, quoting deputy oil minister…
A quarter after Schlumberger (NYSE:SLB) called the bottom of the oil industry’s downturn, the oilfield services major reported third-quarter earnings that beat estimates by a…
Syria’s army and its allies have repelled ISIS terrorist attacks at two oilfields in the oil-rich Homs area, Tehran-based Fars News Agency reported on Thursday,…
Oswaldo Cisneros, a billionaire Venezuelan businessman on friendly terms with the Socialist regime, is pouring in US$1 billion in a joint venture with state-held PDVSA,…
Although oil prices have risen from the lows they hit in the first quarter, economists are cutting again their GDP growth forecasts for the biggest…
Faced with an oil glut that is not expected to draw down until late into 2017 and that is depleting oil-dependent government coffers, OPEC is…
According to OPEC’s latest list of member governors for the organization, Venezuela has replaced Ivan Orellana with incumbent Vice Minister of Hydrocarbons, Angel Gonzalez Saltron,…
The UK Continental Shelf holds 3.4 billion barrels of oil equivalent (boe) in around 350 unsanctioned discoveries, highlighting a significant development potential, the UK’s Oil…
The low price of oil is still weighing heavily on Middle Eastern producers, and will require spending cuts to plug their budget gaps, the International…