Tsvetana Paraskova

Latest articles from Tsvetana

• Big Oil Nervous As Venezuela’s Maduro Seizes More Power

  Published 18 August 2017 | viewed 25,128 times

  The pro-government constitutional assembly loyal to Venezuelan President Nicolas Maduro seized the powers of the opposition-led congress today, in a move that necessarily has Big…

• Iran Seeks 500,000 Bpd Oil Swap With Caspian Countries

  Published 18 August 2017 | viewed 12,208 times

  Iran is ready to swap 500,000 bpd of oil with its fellow Caspian Sea countries, Iranian Fars news agency reported on Friday, quoting a senior…

• Huge Chinese Refinery Fire Did Not Impact Operations

  Published 18 August 2017 | viewed 7,961 times

  Firefighters have managed to extinguish a massive fire that broke out at state-run PetroChina’s 410,000-bpd refinery earlier this week, narrowly avoiding a halt in oil…

• These Oil Giants Just Jumped Into A Brand New Market

  Published 18 August 2017 | viewed 13,214 times

  In a sign that Mexico’s energy reform continues to attract foreign companies, Chevron and Glencore have announced separate plans for jumping into the Mexican retail…

• The Make Or Break Moment For Argentina’s Shale Boom

  Published 17 August 2017 | viewed 8,860 times

  Argentina’s abundant shale resources have attracted a growing number of major international companies since the beginning of this year—all of them interested in developing the…

• Russia, Iran, Turkey Form $7B Oil Deal

  Published 17 August 2017 | viewed 19,260 times

  Turkish energy company Unit International, Russia’s Zarubezhneft, and Iran’s non-governmental firm Ghadir Investment Company have pledged to invest a combined US$7 billion to drill at…

• Buffett Won’t Go Higher than $9B For Oncor Utility Giant

  Published 17 August 2017 | viewed 5,132 times

  Berkshire Hathaway Energy is standing by its US$9-billion offer to buy 80 percent of Texas-based Oncor Electric Delivery Company and will not be raising the…

• Oil Prices Rise As Saudi Exports Hit 33-Month Low

  Published 17 August 2017 | viewed 20,686 times

  Saudi Arabia’s crude oil exports in June dropped to their lowest level in 33 months, while Saudi oil inventories were down to a level last…

• OPEC Rebel Ecuador To Cap Oil Output 20,000 BPD Higher

  Published 17 August 2017 | viewed 7,178 times

  One month after abandoning the OPEC production cut deal and shaking the alliance, Ecuador said this week that it was planning to cap its crude…

• Russia Claims To Have Invented Alternative To Fracking

  Published 17 August 2017 | viewed 89,115 times

  Russian scientists and local oil field services companies claim to have created a technology for thermochemical gas fracturing that could be an alternative to hydraulic…

• Will EV’s Break The Grid?

  Published 16 August 2017 | viewed 13,587 times

  While the UK government has vowed to end the sale of all new conventional gasoline and diesel cars by 2040, as part of a wider…

• Analysts See OPEC Compliance Erode In H2 2017

  Published 16 August 2017 | viewed 8,915 times

  OPEC’s compliance with the output cuts will continue to slip in the second half this year, despite recent rhetoric reiterating the cartel members’ commitment to…

• Accounting Firm To Pay $6.2M In SEC Oil Audit Charges

  Published 16 August 2017 | viewed 4,097 times

  Accounting firm KPMG has agreed to pay more than US$6.2 million to settle SEC charges that it had overlooked grossly overstated values of the assets…

• Libya Boosts Oil Output At Biggest Field

  Published 16 August 2017 | viewed 9,685 times

  Libya is returning with more barrels to the market after its biggest oil field started raising production and an export terminal re-opened for tanker loading. …

• Wonder Woman Gets Power Boost From Oil Group

  Published 16 August 2017 | viewed 6,324 times

  One usually doesn’t associate the right-wing platform-backing Koch brothers with liberal Hollywood, but they liked the idea of Wonder Woman enough to back the blockbuster…

• Can Oil Sanctions Cripple North Korea’s Army?

  Published 15 August 2017 | viewed 11,163 times

  In response to Pyongyang’s latest nuclear missile tests, the world is stepping up sanctions on North Korea with bans on its mining, manufacturing, and seafood…

• Libyan Oil Liberator Aims To Boost Russian Ties

  Published 15 August 2017 | viewed 5,085 times

  In a sign that Libya’s powerful military is moving closer to Russia, Libyan National Army (LNA) commander Khalifa Haftar—the man responsible for recapturing the country’s…

• Iran Boosts S. Korea Oil Market Share While Saudis Cut

  Published 15 August 2017 | viewed 5,347 times

  Iran continues to raise market share in Asia, with crude sales to South Korea increasing by 26.5 percent on the year in July, while Saudi…

• Oil Prices Fall To 3-Week Lows On Flurry Of Bearish News

  Published 15 August 2017 | viewed 14,572 times

  Oil prices continued to fall on Tuesday morning, following a sell-off on Monday triggered by a stronger U.S. dollar, concerns over growing supply from non-OPEC…

• Oil Tycoon Pushes For Venezuela Sanctions

  Published 14 August 2017 | viewed 19,752 times

  The U.S. has stepped up sanctions against Venezuelan individuals in the wake of the July vote in Venezuela aimed at rewriting the constitution, which is…