Tsvetana Paraskova

Latest articles from Tsvetana

• Latest Libyan Faction Fighting Drags Oil Output Down

  Published 07 March 2017 | viewed 6,071 times

  The Libyan National Army (LNA), led by General Khalifa Haftar, has bombed the Benghazi Defense Brigades (BDB) faction for a fifth day in the country’s…

• Shell Gives Up Largest US Refinery To Saudi Aramco

  Published 07 March 2017 | viewed 10,992 times

  Royal Dutch Shell and Saudi Aramco have finalized the agreement to split the assets, liabilities and businesses of their 50/50 refining and marketing joint venture…

• Oil And Gas IPOs Return Amid Oil Price Recovery

  Published 06 March 2017 | viewed 13,630 times

  The oil price crash has left energy companies scrambling to shore up balance sheets and streamline costs. But the recent recovery of crude prices has…

• Iran, South Africa To Study Construction Of GTL Plant In Iran

  Published 06 March 2017 | viewed 7,097 times

  Iran and South Africa have agreed to start a feasibility study on building a gas to liquids (GTL) conversion plant in Iran with a capacity…

• Big Oil Plans 15% Combined Output Growth By 2021

  Published 06 March 2017 | viewed 6,988 times

  Oil supermajors are on the verge of reversing stalled production growth, planning a combined 15 percent increase in their total crude oil output by 2021,…

• Azerbaijan Boasts Overcompliance With Oil Output Cuts

  Published 06 March 2017 | viewed 6,855 times

  While most analysts are wondering when Russia will reach its gradual 300,000-bpd production cut as part of the deal with OPEC to reduce global supply,…

• OMV Buys Uniper Stake In Giant Russian Gas Field For $1.85B

  Published 06 March 2017 | viewed 4,704 times

  Austria’s OMV is buying the 25-percent stake of Germany’s Uniper in Russian gas field Yuzhno-Russkoye in western Siberia for US$1.85 billion in a deal that…

• Fund Managers Value Aramco Below $1.5 Trillion

  Published 06 March 2017 | viewed 11,010 times

  International fund managers and institutional investors largely expect Saudi Aramco to be valued at up to USD$1.5 trillion in the IPO expected next year, according…

• Is A Second OPEC Cut On The Cards?

  Published 05 March 2017 | viewed 25,220 times

  OPEC’s coordinated effort to curtail global supply has so far managed to put a floor under oil prices, which have been sitting modestly above US$50…

• Is The Glut Easing? Vitol Offering 4 Million Barrels Of Stored Oil

  Published 03 March 2017 | viewed 9,144 times

  In a sign that the huge global oversupply may be starting to clear, commodity trading giant Vitol Group is offering to ship to Europe 4…

• Engine Efficiency Seen Leading To U.S. Gasoline Demand Peak In 2018

  Published 03 March 2017 | viewed 8,074 times

  Gasoline demand in the U.S. is expected to peak next year due to continuous engine efficiency gains, Reuters reports, quoting analysts at energy consultancy Wood…

• Brazil’s Crude Oil Exports Sets Yet Another Record

  Published 03 March 2017 | viewed 12,475 times

  Brazil’s oil exports jumped by 94 percent on the year in February, beating the previous record from January, as new offshore production is consistently coming…

• Saudis Cut Light Crude Prices To Asia To Keep Market Share

  Published 03 March 2017 | viewed 19,576 times

  Faced with a persisting oversupply and trying to keep its market share amid production cuts intact, Saudi Arabia has unexpectedly lowered the April price for…

• Gazprom Sales To Europe, Turkey Fall In February

  Published 02 March 2017 | viewed 4,634 times

  Gazprom’s sales of natural gas to Turkey and Europe, excluding the former Soviet Union countries, dropped to 582 million cubic meters per day in February,…

• Israel Just Started Exporting Natural Gas…To Jordan

  Published 02 March 2017 | viewed 6,671 times

  Israeli firm Delek Drilling – the part of Delek Group developing Israel’s offshore gas fields – has started exporting natural gas to Jordan in what…

• Uganda Seeks $500M From China To Jumpstart Oil Production

  Published 02 March 2017 | viewed 4,870 times

  Uganda has requested a loan of more than US$500 million from China’s Export–Import (EXIM) Bank that it would use to build roads in its oil…

• Kuwait Energy Seeks London Listing, Hopes For $1B Valuation

  Published 02 March 2017 | viewed 4,140 times

  Exploration and production company Kuwait Energy is working with Bank of America on an initial public offering in London that could value the Middle East-focused…

• Russia Proceeds With Cuts, Compliance Still Very Low

  Published 01 March 2017 | viewed 6,901 times

  Russia’s crude oil output dropped in February to some 11.10 million bpd from 11.11 million bpd in January and from the more than 11.20 million…

• Iran’s Oil Cargoes To Europe Surge Since EU Eased Sanctions

  Published 01 March 2017 | viewed 6,044 times

  Iran is trying to restore its pre-sanctions market share of oil shipments to Europe and has sent many crude tankers to European countries since the…

• South Africa: The Next Hot Spot For Offshore Oil Exploration

  Published 01 March 2017 | viewed 39,264 times

  South Africa’s land is known for its resources such as platinum, gold, diamonds, copper and coal. But its waters may be hiding future giant oil…