Tsvetana Paraskova

Latest articles from Tsvetana

• Indian Oil Tanker Missing Off West Africa Feared Hijacked

  Published 05 February 2018 | viewed 16,707 times

  Authorities are searching for a tanker carrying 13,500 tons of gasoline and 22 Indian nationals that went missing on Thursday off the coasts of West…

• Airlines Warn Higher Oil Prices Will Raise Airfares

  Published 05 February 2018 | viewed 14,175 times

  The rise in oil prices in recent months will pressure the profitability of airlines and will likely result in increased airfares in the coming months,…

• European Refiners Could Ditch Poor Quality Russian Crude

  Published 05 February 2018 | viewed 14,904 times

  While Russia is sending its top-quality crude oil to China in its battle for market share on the prized Asian market, European refiners are left…

• Chevron To Export First Condensate From Wheatstone LNG

  Published 05 February 2018 | viewed 11,629 times

  Chevron has sold the first cargo of condensate—the ultra-light oil often produced alongside natural gas—from the Wheatstone LNG facility in Australia to Thailand’s PTT, Reuters…

• Higher Oil Prices Are Bad News For India

  Published 04 February 2018 | viewed 23,018 times

  One of the world’s largest crude oil importers, India, has benefited from low oil prices for the better part of the past three years, enjoying…

• Iraq Arrests ISIS Oil Chief Near Syrian Border

  Published 02 February 2018 | viewed 15,670 times

  Iraqi security forces have arrested Islamic State’s top oil chief while he was trying to cross the border into Syria, Tehran-based Fars News Agency reported…

• Chevron Q4’s Earnings Underwhelm

  Published 02 February 2018 | viewed 7,528 times

  Chevron (NYSE:CVX) reported on Friday a $2-billion windfall from the U.S. tax reform in Q4, but excluding this one-time benefit, its earnings per share missed…

• Russia Keeps January Oil Production Below 11 Million Bpd

  Published 02 February 2018 | viewed 9,020 times

  Russia’s crude oil production in January was basically flat compared to December 2017, after rising production at foreign firm-led projects compensated for small declines at…

• Exxon Dissappoints With Q4 Earnings 

  Published 02 February 2018 | viewed 7,008 times

  ExxonMobil (NYSE:XOM) reported on Friday adjusted earnings per share (EPS) of $0.88, badly missing Wall Street estimates, and reported cash flow for the whole 2017…

• Aramco, Alphabet Discuss Joint Tech Hub In Saudi Arabia

  Published 01 February 2018 | viewed 6,967 times

  Saudi Arabia’s state oil giant Saudi Aramco and Google’s parent company Alphabet have entered into talks about potentially building a big technology hub in Saudi…

• 2018: The Year Of The Oil Majors

  Published 01 February 2018 | viewed 11,297 times

  ExxonMobil (NYSE:XOM) has made headlines this week, and not only because the world’s largest publicly traded oil and gas company is reporting Q4 figures before…

• North America’s Next Big Shale Play

  Published 01 February 2018 | viewed 14,938 times

  The oil price crash of 2014 not only weighed on Canada’s oil sands industry, but it also directed more company investment into shorter-cycle shale projects…

• Shell Set To Topple Exxon As Big Oil’s Biggest Cash Generator

  Published 01 February 2018 | viewed 7,439 times

  Higher oil prices helped Royal Dutch Shell (NYSE: RDS.A) to more than double its 2017 profit from a year earlier and generate cash flow that…

• China’s CNOOC Plans Highest Capital Spending Since 2014

  Published 01 February 2018 | viewed 6,392 times

  China’s largest offshore oil producer, CNOOC, has set its 2018 capital expenditure plan at the highest level since 2014, signaling that it has started to…

• Goldman: Oil To Top $80 Within Six Months

  Published 01 February 2018 | viewed 32,717 times

  Goldman Sachs has held one of the most optimistic views on the rebalancing of the oil market and oil prices in the near term, and…

• Russia Warns Against Cutting Off North Korea’s Oil

  Published 31 January 2018 | viewed 10,385 times

  North Korea should not be totally cut off from oil product supplies because Pyongyang would see such a move as a declaration of war, Russia’s…

• Chevron Makes Major Oil Discovery In Deepwater Gulf Of Mexico

  Published 31 January 2018 | viewed 15,603 times

  Chevron has struck a significant oil discovery at the Ballymore prospect in the deepwater U.S. Gulf of Mexico, the corporation said late on Tuesday. The…

• What's Behind Canada's Oil Driller Exodus?

  Published 31 January 2018 | viewed 15,821 times

  Canadian drillers are moving rigs south to the U.S. to seize more profitable opportunities. But it’s not just the bright prospects of the Permian that…

• Russia Struggling To Expand Arctic Oil Production

  Published 30 January 2018 | viewed 19,917 times

  Oil production from Russia’s Arctic region increased in 2017 as new onshore developments and the only offshore producing platform ramped up production. But challenges in…

• Iraq To Export 60,000 Bpd Kirkuk Oil To Iran In Swap Deal

  Published 30 January 2018 | viewed 9,447 times

  Iraq will begin exporting next week 60,000 bpd of oil from the fields in Kirkuk to an Iranian refinery across the border via tanker trucks,…