Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
India’s refiner Essar Oil—in which Russian state-controlled oil firm Rosneft holds 49 percent—is looking to raise more than US$1 billion in pre-finance loans from oil…
Last week, OPEC said in its Monthly Oil Market Report that based on OECD commercial stocks numbers from December, “In line with the existing overhang,…
The U.S. mediation between Lebanon and Israel in a dispute over offshore oil and gas blocks and maritime borders has reportedly failed, Lebanese media reported…
Russia’s exports of oil products from the Black Sea port of Novorossiysk have been disrupted since the beginning of this month due to a conflict…
Iraq and the semi-autonomous region of Kurdistan are close to settling their dispute over oil exports and oil revenue sharing, according to an Iraqi oil…
Hackers have infiltrated a public cloud environment owned by Tesla Inc and have cryptojacked it to mine cryptocurrency, a Cloud Security Intelligence (CSI) team at…
“There could not be a better time to offer this service as domestic production surpasses 10 million barrels per day in the ever-dynamic global crude…
Congo Republic has appointed investment bank Lazard to help it renegotiate US$2 billion worth of debt to oil and commodity traders Trafigura and Glencore, as…
Greater product awareness and technological changes could fast track the adoption of electric vehicles (EVs) that could plausibly lead to a peak oil demand before…
Two months after Venezuelan President Nicolas Maduro surprised analysts and the cryptocurrency world with his idea to launch an oil-backed cryptocurrency, the socialist president said…
Oil market participants and analysts have been closely watching the record level of supply coming out of the United States that is threatening to undo…
Ohio Democratic gubernatorial candidate Dennis Kucinich—a vocal opponent of fracking—vows to ban all oil and gas drilling in the state, if elected, and even take…
The Louisiana Offshore Oil Port (LOOP) said on Sunday that it had successfully loaded the first Very Large Crude Carrier (VLCC) with U.S. oil bound…
Oil from the giant Johan Sverdrup field in the North Sea—due to start production in late 2019—is a prime candidate for a future addition to…
S&P Global Platts has launched a commodities trading game that simulates oil trading in which players can compete for virtual profit for fun and learning.…
Following three painful years of portfolio repositioning, cost cuts, and deferred projects, the offshore oil and gas industry is now more prepared to deliver projects…
Oil and gas-rich Iran is ready to share its natural resources with India to help its development, Iran’s President Hassan Rouhani said on a visit…
Owning shares in integrated oil companies is much more than buying a barrel of oil, so the proposal of Norway’s US$-1-trillion wealth fund to ditch…
New oil and gas project startups and higher oil prices helped Italy’s oil major Eni (NYSE:E) to return to profit in 2017 and more than…
High refinery runs and expanding refining capacity amid a strong recovery in demand pushed India’s crude oil imports to a record 4.93 million bpd in…