Tsvetana Paraskova

Latest articles from Tsvetana

• Oil Prices Rise On Solid Chinese Demand

  Published 08 December 2017 | viewed 14,970 times

  Oil prices rose on Friday morning after Chinese data showed that China’s crude oil imports rose to the second-highest on record in November, and after…

• Kinder Morgan Wins Appeal To Start Trans Mountain Work

  Published 08 December 2017 | viewed 8,620 times

  Canada’s National Energy Board (NEB) on Thursday ruled in favor of Kinder Morgan, saying the company is not required to comply with two sections of…

• Mexico Cancels Deepwater JV Tender Due To Lack Of Interest

  Published 08 December 2017 | viewed 6,811 times

  Mexico’s oil regulator canceled on Thursday an auction slated for January 31 for a joint venture with state oil company Pemex in a deepwater area…

• Are U.S. Shale Stocks Finally Set For A Rebound?

  Published 08 December 2017 | viewed 10,734 times

  After years of meager returns and overspending to boost production at all costs, U.S. shale explorers and drillers are finally about to see their share…

• Oil Investors Are Growing Impatient

  Published 07 December 2017 | viewed 28,777 times

  The renewed optimism in the oil markets and the $55-plus WTI prices may have warranted frenzied production growth across the U.S. shale patch, if it…

• China’s Sinopec Sues Venezuela’s PDVSA Over Unpaid Debts

  Published 07 December 2017 | viewed 12,217 times

  One of China’s biggest state-held companies, Sinopec, is suing Venezuela’s debt-ridden oil firm PDVSA in a U.S. court over unpaid bills, in a sign that…

• Chevron Cuts Total 2018 Capex, Boosts U.S. Shale Investment

  Published 07 December 2017 | viewed 12,172 times

  Chevron Corporation plans to cut its total capital and exploratory budget for a fourth consecutive year in 2018—to $18.3 billion, compared to the $19.8 billion…

• Shell Idles Six Nigerian Power Plants After Gas Shortage

  Published 07 December 2017 | viewed 6,628 times

  Nigeria’s lack of infrastructure is hampering the transportation of gas to power plants, and six plants are currently sitting idle in the country because they…

• Gas Shortage Has China Backtracking On Coal Ban

  Published 07 December 2017 | viewed 18,092 times

  China is backpedaling on its massive push for the coal-to-gas switch after the move created gas shortages in the north that left people freezing in…

• London Firms To Visit Saudi Arabia As Battle For Aramco Listing Continues

  Published 07 December 2017 | viewed 13,375 times

  Heavyweight firms London will be accompanying the City of London’s lord mayor on his trip to Saudi Arabia this coming weekend, as Saudi officials have…

• East Timor Is Running Out of Oil

  Published 07 December 2017 | viewed 14,192 times

  East Timor may be running out of oil, and its $16 billion rainy day sovereign wealth fund may soon run dry—still, its former leader says…

• Rosneft Takes On Record Debt As U.S. Sanctions Weigh

  Published 06 December 2017 | viewed 8,946 times

  Russia’s state-held oil behemoth Rosneft has heavily borrowed on its domestic bond market this year to fund oil projects and refinance earlier debt, as it’s…

• U.S. Energy Secretary Discusses LNG Exports To Saudi Arabia

  Published 06 December 2017 | viewed 8,837 times

  U.S. Secretary of Energy Rick Perry has discussed possible U.S. exports of liquefied natural gas (LNG) with Saudi Arabia in his meetings with top Saudi…

• China’s CNOOC Spends Big In Panic Hoard of LNG

  Published 06 December 2017 | viewed 11,435 times

  Chinese state-owned company CNOOC, the country’s largest importer of liquefied natural gas (LNG), has leased two tankers to store emergency LNG supplies offshore, spending US$10…

• Asia May Return To Mid-East Crude As Mexican Supply Tightens

  Published 06 December 2017 | viewed 5,547 times

  Asian refiners may see their efforts to diversify medium sour crude purchases away from the Middle East hampered by possible lower availability of a Mexican…

• Analysts Raise 2018 Oil Price Forecasts After OPEC Deal

  Published 06 December 2017 | viewed 35,944 times

  The extension of the OPEC and allies’ production cut deal through the end of 2018 is sending a stronger signal that the oil market rebalancing…

• Enbridge Restarts Controversial Line 5 After Shutdown

  Published 06 December 2017 | viewed 5,713 times

  Enbridge restarted its Line 5 carrying Canadian light crude and refined products across the Straits of Mackinac in Michigan to the U.S. on Tuesday afternoon,…

• South Sudan Stills Owes $1.3B Oil Payments To Sudan

  Published 06 December 2017 | viewed 6,068 times

  South Sudan still has to pay US$1.3 billion to Sudan out of an original deal for US$3 billion worth of payments for using Sudan’s infrastructure…

• China Set To Become More Dependent On Oil Imports

  Published 05 December 2017 | viewed 23,190 times

  The pace of China’s oil imports growth is one of the most closely watched indicators in the industry—a gauge of the country’s huge appetite for…

• Higher Oil Prices Widen U.S. Trade Deficit

  Published 05 December 2017 | viewed 8,984 times

  The U.S. trade deficit increased to $48.7 billion in October from $44.9 billion in September amid rising imports and higher crude oil prices, increasing the…