Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
The OPEC Reference Basket (ORB) averaged US$49.20 per barrel in May, dropping by more than 4 percent over April, to its lowest level for 2017,…
Norway is emerging from the oil price downturn, with industries and regions reporting that output growth has “picked up somewhat” since February, and that growth…
Oil prices reversed earlier gains and drifted lower in early morning trade on Tuesday, after OPEC said that its crude oil production in May rose—despite the…
A Pennsylvania-based asset manager has said that the US$2.8 billion bonds of Venezuela’s oil firm PDVSA, which Goldman Sachs bought last month for US$0.31 on…
One of Iran’s top energy priorities this year would be developing onshore and offshore oil fields that it shares with neighboring countries, the official Islamic…
As wind and solar power are expected to upend the global energy market over the next few decades, clean energy is not only a threat…
OPEC’s de facto leader and the world’s biggest crude oil exporter, Saudi Arabia, will be reducing exports to some of its buyers in Asia next…
Azerbaijan’s Energy Minister Natig Aliyev died on Friday in Turkey, and his body will be flown to Azerbaijan’s capital Baku on Saturday, Upstream Online reports,…
A court of first instance in Brussels has ruled that Russian assets in Belgium—frozen at the request of former Yukos shareholders as part of their…
This year Russia’s budget is reaching its highest level of resistance to oil price swings in the past nine years, Russian Finance Minister Anton Siluanov…
Libya’s largest oil field, El Sharara, has resumed production after workers had shuttered the 270,000-bpd field on Wednesday, protesting over the lack of medical treatment…
Just a day after Abu Dhabi was said to have removed the restrictions on Qatar operated, owned, or flagged tankers to call at UAE ports,…
Canada is inviting Chinese companies to invest in its oil sands, Canada’s Natural Resources Minister Jim Carr said on Thursday, after an exodus in the…
The Philippines is seeking to build an LNG import and distribution facility worth US$2 billion by 2020 as it tries to replace its aging Malampaya…
The U.S. shale-vs-OPEC-cuts tale has been the predominant theme in oil markets this year, and like the cartel’s output cut, it will be rolling over…
While the oil price crash was forcing shale drillers to idle rigs, lay off workers, or go bust, some big producers continued to pump oil…
Russian-Chinese talks over two new routes for Russian gas exports to China have stalled because China is reconsidering the power mix in its energy demand,…
Port authorities in Abu Dhabi have eased some of the restrictions they had imposed on oil loading vessels voyaging to and from Qatar, removing the…
OPEC’s crude oil production increased by 270,000 bpd in May over April, to stand at 32.12 million bpd--the highest level since January this year--as exempt…
The Kremlin dismissed on Wednesday speculation that Russia could buy back part of the 19.5-percent stake in its oil giant Rosneft that it had sold…