Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Oil prices hit on Tuesday their lowest levels since mid-November last year, with WTI entering a bear market, and analysts now see the price of…
Oil supermajors ExxonMobil, Shell, Total, and BP are backing a proposal for taxing carbon emissions created by veteran Republican politicians who have been seeking to…
Saudi Arabia has regained its top position ahead of the U.S. and Russia as the holder of the world’s biggest recoverable oil resources, as reduced…
The U.S. Supreme Court on Monday denied to hear an appeal by an American lawyer to try to collect US$8.65 billion in pollution damages from Chevron,…
Oil prices could plunge to US$30 a barrel in 2018 and maintain that low price for some two years, if OPEC fails to make steeper…
China has allowed a second batch of crude oil import quotas for independent refiners and some state-held companies for 2017, setting full-year quotas at a…
The oil market has started showing signs that it is headed in the right direction, and current expectations point to the market returning to balance…
Libya—whose production has been hampered by civil unrest, political divides, and oil export terminals blockades over the past few years—is now targeting to further increase…
In view of the current price movements and the oil market outlook, Russia’s central bank is keeping its oil price forecast for this year at…
ExxonMobil said on Friday that it had made a final investment decision to proceed with the first phase of development of the Liza field offshore Guyana,…
Pakistani company Byco Industries Inc will restart in July its refinery that was shut in October 2015 after a fire, Byco’s chief executive officer Amir…
After oil prices hit the lowest in seven months earlier this week, they were tentatively rising early on Friday, but were still on course to…
UK supermajor BP and India’s Reliance Industries Limited will invest US$6 billion in the development of three projects from already-discovered deepwater gas fields offshore India,…
Mexican state oil firm Pemex expects to restart on Thursday its Salina Cruz refinery, Mexico’s biggest, once a massive fire that killed one person and…
If you thought Iraq’s plans to increase its oil production to 5 million bpd were rather pie-in-the-skyish, think again. Iraq’s plans to increase its oil…
Nigeria’s crude oil exports are expected at 1.836 million bpd in July, compared to 1.835 million bpd in June, after exports of the Forcados grade…
Libya’s National Oil Corporation (NOC) said on Tuesday that it had reached an interim deal with Germany’s Wintershall to immediately resume production in concession areas…
According to the statistics figures, as reported by Reuters, China’s crude output level was 3.83 million bpd in May, down by 3.7 percent year on…
Just as Libya’s National Oil Corporation (NOC) is targeting to raise crude oil output to 1 million bpd by the end of July, the rivaling factions…
The downturn may be over, but the oil price crash has left behind potentially long-term consequences for the oil industry. In the wake of the…