Tsvetana Paraskova

Latest articles from Tsvetana

• Shell Looks To Exit Iraq’s Majnoon Oil Field

  Published 13 September 2017 | viewed 9,139 times

  Shell has decided to sell its interest in Iraq’s Majnoon oil field after the oil major and Iraq failed to agree on future production plans…

• The $10 Trillion Resource North Korea Can't Tap

  Published 12 September 2017 | viewed 50,744 times

  North Korea may not have proved petroleum reserves, but it’s estimated that the secluded belligerent nation sits on reserves of more than 200 minerals—including rare…

• New Gas Discovery Offshore Cyprus Not Commercially Viable

  Published 12 September 2017 | viewed 12,926 times

  Eni and Total have discovered gas while drilling in Cyprus waters close to the giant Zohr gas field discovery offshore Egypt, but the estimated quantity…

• Nigeria Defies Calls To Curb Crude Oil Output

  Published 12 September 2017 | viewed 7,174 times

  Although it faces mounting pressure to join OPEC’s production cuts, exempt producer Nigeria will resist any attempt to cut its oil output because it needs…

• Shell Targets Alternative Fuel Stations

  Published 12 September 2017 | viewed 5,348 times

  Shell—one of the oil majors that is increasingly betting on natural gas and low-carbon fuels—is targeting 20 percent of its global fuel station sales to…

• Shell, Petrobras To Cooperate In Developing Brazil’s Pre-Salt Fields

  Published 12 September 2017 | viewed 13,537 times

  Shell and Petrobras have signed an agreement to set up a long-term cooperation initiative to develop pre-salt fields in Brazil, the Anglo-Dutch oil major said…

• Saudi Aramco Boosts Crude Oil Stockpiles In Japan

  Published 11 September 2017 | viewed 7,187 times

  Saudi Aramco will fill on Wednesday all of its 8.18 million barrels of leased crude storage capacity in southwestern Japan, a source at the Japanese…

• Goldman: Harvey, Irma Cause 900,000 Bpd Drop In Demand

  Published 11 September 2017 | viewed 12,255 times

  In the wake of the hurricanes Harvey and Irma, oil demand is expected to drop by some 900,000 bpd this month, Goldman Sachs said on…

• BP To List U.S. Midstream Assets

  Published 11 September 2017 | viewed 5,979 times

  BP said on Monday that its wholly owned indirect subsidiary BP Midstream Partners LP had filed for an initial public offering (IPO) on the NYSE…

• Russia’s Rosneft Expects $40 Oil In 2018

  Published 11 September 2017 | viewed 19,053 times

  Russia’s largest oil producer, Rosneft, expects oil prices to average between $40 and $43 per barrel next year, and is preparing for such prices, Rosneft’s…

• Is It Time For OPEC To Turn The Taps Back On?

  Published 10 September 2017 | viewed 17,551 times

  Russia’s Energy Minister Alexander Novak said earlier this week that he’d spoken with his Saudi counterpart about the possibility of another extension to the OPEC-non-OPEC…

• North Korean Sanctions May Hurt China’s Oil Giants

  Published 06 September 2017 | viewed 11,094 times

  Tensions over North Korea’s flexing of its nuclear capabilities over the past few months reached a new peak last weekend when Pyongyang conducted its sixth…

• Azerbaijan, BP Extend Deal For Caspian Oil Field Until 2050

  Published 06 September 2017 | viewed 10,944 times

  Azerbaijan will sign in the coming days a new deal with BP to continue the development of the Azeri-Chirag-Gunashli (ACG) oil field in the Caspian…

• Norway’s Mature Offshore Oilfield Attracts Record Number Of Bidders

  Published 06 September 2017 | viewed 5,376 times

  A total of 39 companies have applied for new acreage in Norway’s 2017 licensing round in the mature and best explored areas on the Norwegian…

• Putin Reluctant To Cut Off North Korean Oil Supplies

  Published 06 September 2017 | viewed 11,546 times

  Amid rising tension over North Korea’s nuclear tests, South Korea’s president has pleaded with Russia to help it with its push to cut off oil…

• Aramco Looks To China Ahead Of IPO

  Published 05 September 2017 | viewed 15,462 times

  Saudi Arabia is getting ready to list 5 percent of its crown jewel—state oil firm Aramco—in what could be the biggest IPO ever. The Saudis…

• Goldman: Post-Harvey Reconstruction To Boost U.S. Oil Demand

  Published 05 September 2017 | viewed 10,422 times

  As devastating as Hurricane Harvey was to Texas, reconstruction is now expected to be ultimately positive for U.S. oil demand in a few months as…

• Brazil To Limit Private Stakes To 5% In Eletrobras Privatization

  Published 05 September 2017 | viewed 4,683 times

  Brazil will allow private investors willing to buy into its state-held utility giant Eletrobras to obtain a maximum of 5 percent each, regardless of whether…

• UK Aims To Lead Global Oil Decommissioning Industry

  Published 05 September 2017 | viewed 7,884 times

  The UK, whose offshore waters hold some of the most mature oil and gas fields, has the chance to become a pioneer in oil decommissioning,…

• Local Industry Welcomes Indonesia’s Revised Oil Sharing Deals

  Published 05 September 2017 | viewed 5,081 times

  Struggling to attract international investors to revive its declining oil production, Indonesia has tweaked anew the production sharing contracts it introduced at the beginning of…