Tsvetana Paraskova

Latest articles from Tsvetana

• Is Haynesville About To Make A Comeback?

  Published 30 March 2017 | viewed 17,302 times

  Back in early 2011, the Haynesville shale play in east Texas, northwest Louisiana, and southwest Arkansas surpassed the Barnett Shale in Texas as the highest-producing…

• Iraq Signals It Is Improving Compliance With OPEC Cuts

  Published 30 March 2017 | viewed 8,972 times

  As part of the OPEC deal, Iraq has cut its oil production by more than 300,000 bpd, and so far in March its average output…

• Nigeria Moves Closer To Overhauling Oil Industry Governance

  Published 30 March 2017 | viewed 6,499 times

  Nearly a decade after Nigeria first drafted its Petroleum Industry Bill, Nigeria’s Senate will be asked next month to discuss and approve the bill aimed…

• Abu Dhabi’s Taqa Books Biggest Loss Ever On Oil Assets Write-Down

  Published 30 March 2017 | viewed 8,100 times

  Low oil prices have been not only weighing heavily on the financials of western oil majors, but also led to Abu Dhabi National Energy Company…

• Exxon Sells Operated Fields Offshore Norway

  Published 29 March 2017 | viewed 7,560 times

  ExxonMobil’s Norwegian unit said on Wednesday that it had agreed to sell its operated fields on the Norwegian Continental Shelf to private equity firm HitecVision…

• BP Aims For $3B Additional Cash Flow From Downstream Business

  Published 29 March 2017 | viewed 6,643 times

  Despite the fact that it plans to raise its oil production, BP will not be investing in new refineries, but will seek to revamp existing…

• Egypt To Pay Off Half Of $3.5B Dues To Oil Firms In Coming Weeks

  Published 29 March 2017 | viewed 9,271 times

  In the next few weeks, Egypt expects to cut by around half the $3.5 billion in arrears it owes to international oil and gas companies…

• Venezuela’s Main Crude Oil Port Hit By Spill

  Published 29 March 2017 | viewed 13,894 times

  Venezuela’s main oil terminal, Jose, suffered disruptions in operations on Tuesday after a break in a pipeline had led to a crude spill, Reuters reports,…

• Rystad Energy: Saudi Tax Cut Raises Aramco Value By $1 Trillion

  Published 28 March 2017 | viewed 8,952 times

  Until yesterday, analysts were largely estimating the value of Saudi Aramco well below the Saudi claim that it is worth $2 trillion, but the Kingdom’s…

• Petrofac Wins $1.3B Deal With Kuwait Oil Company

  Published 28 March 2017 | viewed 11,174 times

  London-listed oil services provider Petrofac said on Tuesday that it had won a contract with Kuwait Oil Company for a $1.3-billion gathering center project in…

• EU’s Highest Court Upholds Sanctions Against Russia’s Rosneft

  Published 28 March 2017 | viewed 7,897 times

  The European Court of Justice, Europe’s top court, on Tuesday ruled that sanctions imposed by the UK and the EU on Russia’s oil giant Rosneft…

• Saudi Arabia Slashes Tax Rate For Aramco Preparing For IPO

  Published 27 March 2017 | viewed 11,284 times

  Saudi Arabia is cutting the tax rate on Aramco to 50 percent from 85 percent in a bid to attract international investors for next year’s…

• Will The Oil Price Slide Lead To A Credit Crunch For U.S. Drillers?

  Published 27 March 2017 | viewed 16,150 times

  The recent drop in oil prices, which has almost wiped out the price gains since OPEC announced its supply-cut deal, is coming just ahead of…

• Saudis Invited China’s Sinopec To Invest In Aramco IPO

  Published 27 March 2017 | viewed 8,402 times

  Saudi Aramco has invited China’s Sinopec to take part in the upcoming initial public offering (IPO) of the Saudi oil company planned for next year,…

• Statoil To Invest $2.34B In Norwegian Offshore Projects

  Published 27 March 2017 | viewed 5,933 times

  Norway’s Statoil plans to invest the equivalent of $2.34 billion on extending the lifetime of a field in the Norwegian Sea and starting production in…

• Rosneft, Gazprom Boost Combined Offshore Investment To $1.4B

  Published 27 March 2017 | viewed 5,258 times

  Russia’s top oil producer Rosneft and gas giant Gazprom plan to invest a combined $1.42 billion (80.8 billion rubles) in offshore exploration in 2017, Russia’s…

• Statoil Strikes Oil In Wildcat Well In North Sea

  Published 24 March 2017 | viewed 12,483 times

  Norway’s Statoil has found oil and gas drilling a wildcat well next to producing oil fields in the northern part of the North Sea, the…

• Myanmar-China Oil Pipeline Start-up Delayed

  Published 24 March 2017 | viewed 7,824 times

  Despite recent talks of imminent start-up, the launch of an oil pipeline that would allow China to import crude oil from overseas via Myanmar has…

• TransCanada Gets Presidential Permit To Build Keystone XL

  Published 24 March 2017 | viewed 7,130 times

  TransCanada Corporation said on Friday that the U.S. Department of State had signed and issued a Presidential permit authorizing the company to construct and operate…

• U.S. Electric Grid Could Cost $5 Trillion To Replace

  Published 23 March 2017 | viewed 24,983 times

  Since Nikola Tesla and George Westinghouse lit up Buffalo from Niagara Falls at the end of the 19th century, electricity has been an integral part…