Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Saudi Aramco has once again refuted reports of the past month that it could delay the listing of 5 percent of its shares in what…
Unplanned disruptions in global oil supply dropped to 1.6 million barrels per day (bpd) in September 2017, which was the lowest level of crude offline…
For much of the past two decades, China has been the main driver of global oil demand growth. In the coming two to three decades,…
Russia’s TV channel REN TV on Friday aired a video of an air strike drill on a decommissioned boat in the Black Sea to warn…
Schlumberger (NYSE:SLB) reported on Friday a higher net profit for the third quarter, driven by North America’s onshore—but the world’s largest oilfield services group now…
Despite renewed geopolitical risk on the oil market hailing from the Middle East, oil prices were down on Friday morning and set for a weekly…
While tensions between Iraq’s federal government and the Kurdistan region continue to escalate, Russia’s state-controlled oil giant Rosneft said on Thursday that it had agreed…
Montenegro sits in the ‘sweet spot’ of untapped potential in the eastern Adriatic, the chief executive of the Greek firm holding two offshore blocks said,…
The global oil market has not yet shown clear signs that it has reached a turning point, and if oil prices stay relatively stable, U.S.…
Neither sanctions nor persistently low oil prices are hindering Russia’s ambitions or plans to develop oil resources in its sections of the Arctic. In April,…
Brazilian oil regulator ANP said on Thursday that it might reopen bidding for the oil blocks in the pre-salt layer that don’t receive bids in…
At its November 30 meeting, OPEC will seek to discuss making its current partnership with non-OPEC producers permanent, OPEC’s Secretary General Mohammad Barkindo told reporters…
OPEC and its partners are aiming to reach a consensus on the possible extension of the production cut deal before they sit down for official…
The flow of crude oil through the Kurdistan pipeline from Kirkuk to the Turkish port of Ceyhan have plummeted to some 225,000 bpd, from a…
While Saudi Arabia and Russia are leading the production cut pact between OPEC and 11 non-OPEC oil producers, Russian oil company Gazprom Neft will cooperate…
Encouraged by recently opened areas and potentially huge yet-to-be-discovered resources, oil companies launched a record exploration drilling campaign in Norway’s Barents Sea this year. But…
Less than two months after Hurricane Harvey knocked offline refinery and chemical production in the Gulf Coast, ExxonMobil started on Tuesday production on the first…
Iraqi Oil Minister Jabbar Al-Luiebi has asked BP to develop the oil fields in oil-rich Kirkuk, just a day after Iraq’s government forces completed an…
Lower-for-longer oil prices and the advance of renewable energy and electric vehicles have made Big Oil plan for a gradual shift toward natural gas in…
Even though the UAE’s oil firm ADNOC is seeking partnerships and exploring a possible IPO of minority stakes in some of its services units, at…