Tsvetana Paraskova

Latest articles from Tsvetana

• Oil Majors Stay Out Of India’s Small Fields Bidding Round

  Published 21 November 2016 | viewed 7,352 times

  Global oil and gas giants such as BP, ExxonMobil and Chevron, as well as major Indian companies ONGC and Reliance Industries, have not submitted offers…

• Eni To Invest $8 Billion In Offshore Gas Field In Mozambique

  Published 21 November 2016 | viewed 13,232 times

  Italy’s oil and gas major Eni SpA (NYSE:E) approved on Friday the investment plan for the first phase of development of the Coral gas discovery…

• Is Iraq Coming Back To The OPEC Deal?

  Published 21 November 2016 | viewed 16,008 times

  Iraq may not be going rogue on the OPEC deal after all, and will apparently be putting up three new proposals for discussion at the…

• WoodMac Warns Half Of Big Oil Output May Be Hit By Carbon Costs

  Published 18 November 2016 | viewed 9,109 times

  As much as up to 50 percent of the production of oil majors could be hit by carbon costs in the next ten years if…

• Forcados Shut-In Dashes Nigeria’s Hopes Of Raising Oil Output In 2016

  Published 18 November 2016 | viewed 10,681 times

  Just as Nigeria was starting to gradually increase its oil production over the past two months, fresh attacks on the Forcados pipeline earlier this month…

• North Asian Oil, Gas Prices Set To Rise As Winter Is Coming Early

  Published 17 November 2016 | viewed 9,672 times

  An early winter spell in North Asia is expected to raise oil, gas, and coal demand for power plants and domestic heating, which means there…

• Saudis Bump Up Crude Oil Exports In September

  Published 17 November 2016 | viewed 7,946 times

  Saudi Arabia increased its crude oil exports to 7.812 million barrels per day in September from 7.305 million bpd in August, the kingdom’s self-reported figures…

• Strikes Loom As Algeria Plans Tax Hikes To Offset Falling Oil Revenue

  Published 17 November 2016 | viewed 9,706 times

  Algerian teachers and medical workers are threatening strikes against government plans to raise taxes and gasoline prices and freeze public sector salaries, in a bid…

• Saudis Announce OPEC Output Ceiling: 32.5 Million Bpd

  Published 17 November 2016 | viewed 30,514 times

  OPEC’s oil production cut will cap its total production at 32.5 million barrels per day in order to balance the oil market, Saudi Arabia’s oil…

• IEA Sees Oil Price Shock Ahead As Conventional Supply Falls

  Published 16 November 2016 | viewed 42,403 times

  If the oil industry’s upstream investments continue to be lower next year, there is a material risk that the world could end up with a…

• How Trump Can Help OPEC Reach Its Production Quota

  Published 16 November 2016 | viewed 11,794 times

  While highly politically and economically charged behind-the-scenes OPEC talks are going on, the market and analysts are now factoring in another unknown that could come…

• Train Collision In Florida Causes 4,000-Gallon Fuel Leak

  Published 16 November 2016 | viewed 5,585 times

  A non-hazardous phosphate-loaded train collided head-on with a train loaded with coal in Marion County, Florida, early on Wednesday, causing a fuel leak of 4,000…

• Russia’s Oil Output Rises 2.3 Percent Since January

  Published 16 November 2016 | viewed 6,899 times

  Russia’s oil output has risen by 2.3 percent annually since the beginning of this year, deputy energy minister Kirill Molodtsov said on Wednesday, hours before…

• As OPEC Optimism Buoys, Iran Remains Main Hurdle To Output Deal

  Published 16 November 2016 | viewed 5,952 times

  OPEC sources are optimistic that the cartel would manage to clinch a final deal in Vienna in two weeks’ time, while the organization is in…

• Algerian Crude Exports Reach Record-High In October

  Published 16 November 2016 | viewed 6,305 times

  Algeria’s state-held oil company Sonatrach exported an all-time high volume of crude oil in October, Reuters reported on Tuesday, quoting a senior company official. Last…

• Exxon Negotiating With Chad Over Court-Imposed $74B Fine

  Published 15 November 2016 | viewed 5,673 times

  Exxon Mobil (NYSE:XOM) is in talks with Chad’s government regarding a huge US$74-billion fine it was ordered to pay last month by a Chad court…

• Saudi Arabia And Russia To Meet Ahead Of OPEC Meeting

  Published 15 November 2016 | viewed 28,784 times

  Saudi Arabia’s Energy Minister Khalid al-Falih and his Russian counterpart Alexander Novak are said to be heading to Qatar later this week for an unscheduled…

• OPEC Has To Dump Its Oil Strategy Just As It Begins To Work

  Published 10 November 2016 | viewed 22,840 times

  Desperate times call for desperate measures. And when things no longer work, you throw them out. OPEC may be just that desperate, and perhaps it…

• ConocoPhillips Seeks To Sell Natural Gas Assets For $8B

  Published 10 November 2016 | viewed 8,788 times

  Having struggled with a lower and more volatile price environment for the past two years, ConocoPhillips (NYSE:COP) said on Thursday that it would be seeking…

• Oil Prices Stable After Initial Shock To Trump’s Election Win

  Published 10 November 2016 | viewed 7,514 times

  Having plunged immediately after Donald Trump won the U.S. presidential vote, oil prices shook off the shock from the surprise election victory, almost pared losses,…