Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
ExxonMobil Corp and Petrochina Co. have filed offers to develop two oil fields in southern Iraq, which are expected to pump 550,000 bpd, Iraqi Deputy…
Oilfield services group Baker Hughes said on Thursday that it had cut 3,000 jobs in the second quarter in a bid to increase annualized savings…
As lower oil prices continued to challenge its business, Royal Dutch Shell reported on Thursday a second-quarter net profit tumbling 72 percent on the year,…
Turkey has detained the general manager of the Petkim petrochemical refinery, Sadettin Korkut, in what seems like an extension of the post-attempted-coup purge President Recep…
A Milan court indicted on Wednesday Italian oil major Eni, oil services group Saipem and former Eni chief executive Paolo Scaroni, sending them again to…
Recent military attacks on oil infrastructure in Nigeria have dragged the country’s daily crude production down by 700,000 barrels per day (bpd), figures by the…
Following robust demand for crude and disruptions to supply in the second quarter, the World Bank raised on Tuesday its 2016 forecast for crude oil…
Anadarko Petroleum Corp swung to a loss in the second quarter, but beat analyst estimates by reporting smaller-than-expected losses as it tried to offset low…
Russia’s Gazprom is ready to resume talks with Turkey to revive the Turkish Stream gas pipeline project and expects Turkey’s next move, Gazprom deputy chairman…
The chief of staff of the Libyan army has warned foreign companies the army will fire at any non-Libyan tanker entering the country’s territorial waters.…
Mossack Fonseca created 12 out of the 17 companies that are being investigated in Italy for the alleged bribes a middleman had paid to help…
ExxonMobil and Saudi Basic Industries Corp (SABIC) are evaluating the potential to build a jointly-operated petrochemical complex on the US Gulf Coast, the companies said…
BP Plc reported on Tuesday a profit of US$720 million for the second quarter, down from US$1.3 billion for the second quarter of 2015, citing…
India’s government is considering launching talks to merge 13 state-held oil companies into one giant conglomerate that could rival some of the industry’s global giants,…
ConocoPhillips will cut another 1,000 energy jobs this year, mostly in Texas and in Canada, as it continues to pursue cost cuts amid the downturn,…
The US Bureau of Ocean Energy Management (BOEM) said on Friday it would auction in August 23.8 million acres offshore Texas for oil and gas…
Production at Libya’s 100,000-bpd Sarir field has been halted after a protest over unpaid salaries had stopped exports at the eastern port of Hariga, Omran…
ExxonMobil has declared force majeure on shipments at Nigeria’s largest crude export facility, a company spokesman told Reuters on Friday. ExxonMobil’s subsidiary Mobil Producing Nigeria…
Oil and gas workers at Wood Group have voted overwhelmingly in support of strike action over what they described as a “swingeing” 30-percent pay cut…