Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
India’s three major state-held oil refining and marketing firms—Indian Oil Corporation (IOCL), Bharat Petroleum Corporation (BPCL), and Hindustan Petroleum Corporation (HPCL)—will increase borrowings to keep…
Iran’s crude oil production is expected to grow to 4 million bpd by the end of the current Iranian year, March 20, 2018, the chief…
Petrobras plans to offer U.S.-dollar denominated global notes in one or more series for a total principal amount of up to US$2 billion, and to…
The world’s largest listed oil firm, ExxonMobil, has been lagging behind other supermajors in reserve replacement ratio—a key metric in the industry that shows the…
Commodity trader Vitol has raised its export prepayment loans to Kazakhstan’s state oil firms to US$5 billion, boosting further its primary position in lifting Kazakh…
Saudi Arabia plans to soon issue contract tenders for a 1,000-mile railway between the Red Sea and the Persian Gulf, and to extend links to…
Although Saudi Arabia has managed to narrow its budget deficit, the Kingdom continues to feel the fiscal pressure of low oil prices, and is mulling…
Oil workers in Nigeria stopped on Monday the loading of oil products, natural gas, and aviation fuel as the Nigeria Union of Petroleum and Natural…
Three years ago, Mexico opened its energy sector to private investments in a landmark energy reform that ended more than seven decades of monopoly of…
After six consecutive monthly gains, U.S. industrial production fell by 0.9 percent in August as Hurricane Harvey hit Gulf Coast refining, chemicals, and plastics materials…
Greek authorities continued to struggle on Friday to clean up an oil spill that occurred last Sunday when an oil tanker sank near the country’s…
Even before Hurricane Harvey shut down more than 20 percent of U.S. refining capacity, U.S. diesel, jet fuel, and heating oil stocks had dropped during…
In the aftermath of Hurricane Harvey, more than 22,000 barrels of crude oil, refined products, and chemicals spilled at various sites in Texas, according to…
As many as 17 companies have registered to bid next month in two rounds of exploration license awards in Brazil’s pre-salt layer, Brazilian Oil and…
OPEC and Russia are coordinating the first joint OPEC/non-OPEC deal to curb oil output since 2001, but the apparent unity in the face of lower-for-longer…
Alberta Premier Rachel Notley cut the ribbon that marked the official opening of an oil sands expansion project near Fort McMurray on Wednesday. The new…
Japan’s biggest refiner has just imported two of Angola’s crude grades for the first time in three years in a move that non-traditional buyers of…
Buoyed by strong global oil demand growth and reduced OPEC supply, U.S. benchmark WTI jumped above the psychologically important US$50 threshold on Thursday, topping that…
Mexico’s oil hedge program for next year will be marginally higher than this year’s hedge, partially due to the liberalization of the gasoline prices, Mexican…
Oil prices rose on Wednesday after the International Energy Agency (IEA) said earlier today that oil demand growth continues to be solid and that global…