Tsvetana Paraskova

Latest articles from Tsvetana

• UK Oil & Gas Reserves Fall To 5.7 Billion BOE

  Published 31 October 2017 | viewed 5,979 times

  The UK’s proven and probable (2P) oil and gas reserves as at end-2016 were 5.7 billion barrels of oil equivalent (boe), down from 6.3 billion…

• Petrobras Pipeline Sale Sparks Interest From Investors Worldwide

  Published 31 October 2017 | viewed 5,027 times

  Twenty investors—including France’s Engie, a Brazilian investment group, and an Abu Dhabi state-owned holding group—are interested in buying a majority stake in a gas pipeline…

• BP Launches Share Buyback As Q3 Profit Beats Estimates

  Published 31 October 2017 | viewed 8,399 times

  BP (NYSE:BP) is starting a share buyback program as it doubled its third-quarter profit, in a sign that the UK oil supermajor is now more…

• Saudis Need $70 Oil To Break Even

  Published 31 October 2017 | viewed 32,967 times

  Saudi Arabia needs oil prices at $70 per barrel in 2018 in order to breakeven, the International Monetary Fund (IMF) said on Tuesday in its…

• Big Oil Urges OPEC: Keep Floor Under Oil Prices

  Published 30 October 2017 | viewed 12,061 times

  The oil market and analysts already largely expect OPEC to extend the production cut deal beyond March 2018, which many feel would finally rebalance supply…

• Puerto Rico Scraps $300M Power Grid Deal With Whitefish Energy

  Published 30 October 2017 | viewed 5,003 times

  The Puerto Rico Electric Power Authority (PREPA) will cancel a US$300-million deal with Montana-based Whitefish Energy for restoring the power after Hurricane Maria hit the…

• Iraqi Pipeline Disruption Takes 250,000 Bpd Off The Market

  Published 30 October 2017 | viewed 15,596 times

  Crude oil from northern Iraq, including from the Kurdistan region, stopped flowing from the oil pipeline between Kirkuk and the Turkish Mediterranean port of Ceyhan…

• Bahrain Wants Qatar's GCC Membership Frozen

  Published 30 October 2017 | viewed 5,939 times

  In the latest chapter of the ongoing spat between some Arab countries and the world’s leading LNG exporter Qatar, Bahrain’s Foreign Minister Shaikh Khalid bin…

• Booming U.S. Oil Exports Could Hit A Bottleneck

  Published 30 October 2017 | viewed 12,798 times

  U.S. crude oil exports have been setting new records lately, but as both the U.S. oil production and exports are set to increase, analysts and…

• Analysts Raise Oil Price Forecasts

  Published 29 October 2017 | viewed 59,105 times

  Just a few of months ago, analysts and investment banks slashed their oil price forecasts as OPEC’s production cuts drew down the global oil oversupply…

• Morgan Stanley: Oil Stocks Are Very Interesting Now

  Published 27 October 2017 | viewed 35,315 times

  The oil industry is a pretty interesting sector now as it has lagged year to date, it’s under-owned, and has much better value historically, Andrew…

• Here’s Where The OPEC Deal Gets Sticky

  Published 27 October 2017 | viewed 13,994 times

  Oil prices plunged on May 25 when OPEC and its non-OPEC partners extended their production cut deal through March 2018. At the time, the market…

• Higher Oil Prices Help Exxon Beat Q3 Forecasts Despite Harvey

  Published 27 October 2017 | viewed 8,758 times

  Driven by higher commodity prices, third-quarter earnings of ExxonMobil (NYSE:XOM) jumped 50 percent annually and beat analyst expectations, despite the fact that Hurricane Harvey dented…

• Big Oil Sinks $1 Billion Into Climate Fund

  Published 27 October 2017 | viewed 8,014 times

  The Oil and Gas Climate Initiative (OGCI)—the voluntary alliance of some of the biggest oil companies in the world—said on Friday that it had made…

• Brazil’s Pre-Salt Auction To Proceed Despite Injunction

  Published 27 October 2017 | viewed 4,941 times

  The government of Brazil is confident that the auction for its promising pre-salt oil layer will proceed as planned today, after it had appealed an…

• ConocoPhillips Back In Black In Q3, Further Cuts Capex

  Published 26 October 2017 | viewed 7,931 times

  The largest independent U.S. exploration and production company ConocoPhillips (NYSE:COP) returned to profit in the third quarter with earnings beating analyst estimates, and further cut…

• Hurricane Harvey Impact On Gulf Coast Refiners Similar To Katrina

  Published 26 October 2017 | viewed 6,001 times

  Refinery runs in the Gulf Coast returning to the levels seen before Hurricane Harvey made landfall in Houston on August 25, but the scale and…

• Saudis Pursue European Market Share With Huge Acquisition

  Published 26 October 2017 | viewed 6,044 times

  A unit of Saudi Aramco has entered into a deal to buy the stake of commodities trader Gunvor in a Rotterdam oil terminal as the…

• U.S. Oil & Gas Drillers Turn To Smaller Acquisitions

  Published 26 October 2017 | viewed 8,985 times

  Although the number of oil and gas deals in the U.S. rose in the third quarter, their total value dropped substantially as companies are seeking…

• Daimler Pulls Ahead Of Tesla In Electric Truck Race

  Published 25 October 2017 | viewed 7,044 times

  While Tesla has pushed the unveiling of its semi-truck out to November, Daimler announced on Wednesday the world premiere of its all-electric heavy-duty truck, the…