Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
The oil price crash that started in 2014 has affected not only corporate profits and drilling plans. It has had a huge economic impact on…
The emir of Qatar, the tiny gas-rich Gulf state now isolated by its Arab neighbors, met with ExxonMobil’s chairman and chief executive Darren Woods in…
London’s top fund managers have thrown in the towel on their fight to stop Saudi Arabia’s state oil giant Aramco from listing shares on the…
Korea Gas Corporation (KOGAS) is expected to receive its first cargo of U.S.-sourced LNG under a long-term supply contract with U.S. exporter Cheniere Energy, the…
Independent UK producer EnQuest said on Monday that it had achieved first oil from the Kraken development in the North Sea, in what UK officials and…
The Kharg oil terminal in Iran has increased its crude oil loading capacity to 8 million barrels per day (bdp), three times the current Iranian…
Tropical storm Cindy—which made landfall in southwest Louisiana on Thursday and is moving northeast across the U.S.—has shut in around one-sixth of the Gulf of…
While oil markets were battered again this week over persisting oversupply concerns, the diplomatic crisis in the Middle East continued to brew, peaking when the…
Greece has approved an application by a consortium of ExxonMobil, France’s Total SA, and domestic oil refiner Hellenic Petroleum, to drill for oil and gas…
Russia’s state oil giant Gazprom is in talks with major operators to supply additional volumes of natural gas to the UK, Gazprom’s deputy chief executive…
Struggling oil prices in recent weeks have battered energy stocks and energy exchange-traded funds (ETFs) that have already been underperforming the market so far this…
Russia’s state-controlled oil giant Rosneft plans to pay 50 percent of its net profit as dividends to shareholders starting from the 2017 results, chief executive…
The state of Michigan has terminated a contract with Det Norske Veritas (DNV GL)—which was preparing a risk analysis report on Enbridge’s Line 5 pipeline…
Protesters shut down on Wednesday several oil and gas pipelines in the southern Tunisian province of Kebili to urge the government to meet their demands…
OPEC’s production cut deal is unlikely to survive beyond its current deadline in March 2018, with the agreement seen falling apart towards the middle of…
Last year’s OPEC deal to cut production managed to lift oil prices and stabilize them around US$50 for most of the first quarter this year.…
China’s refineries are expected to shut nearly 10 percent of the country’s 15.1-million-bpd refinery capacity in the third quarter¬—the peak demand season—dampening prospects for global…
Just a week has passed since an OPEC official last aired the possibility of deeper cuts, and comments on steeper reductions are resurfacing from the…
Norway’s Ministry of Petroleum and Energy said on Wednesday that it was offering a total of 102 blocks up for exploration in the 24th licensing round…
Saudi King Salman made on Wednesday his favorite son and Deputy Crown Prince, Mohammed bin Salman, Crown Prince, empowering the 31-year-old reformist as next in…