Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Canada’s Enbridge Inc reported on Thursday first-quarter earnings halved compared to the same period last year, but said that it expects full-year adjusted earnings before tax…
Turkmenistan—a small non-OPEC oil producer on the Caspian Sea and bordering Iran and Kazakhstan—may join the NOPEC group of nations part of the OPEC-led production…
While OPEC has just two weeks left until the May 25th meeting to decide on an extension of its production cuts, U.S. shale is back…
Six Indian creditors of Essar Oil have not yet approved the US$12.9-billion acquisition of the Indian company by Rosneft and Trafigura, potentially further delaying a…
While it reported another month of high compliance with the cuts and a further reduction in its output, OPEC revised up on Thursday its estimates…
U.S. filtration, separation, and purification solutions provider Pall Corporation will export filtration technology for refining in Iran and invest in oil equipment production there, Iran’s…
Global oil demand will exceed supply in the second quarter, and even more so until the end of the year, if OPEC extends the production…
Libya’s crude oil production has exceeded 800,000 bpd for the first time since 2014, and could average up to 1.2 million bpd for the rest…
Royal Dutch Shell is calling upon S&P Global Platts to consider including Russia’s Urals crude grade in the price assessment of the Dated Brent benchmark,…
With Mexico flinging the doors wide open to its vast oil wealth, with much of the hard work already done and the massive discoveries having…
Russia’s gas giant Gazprom expects to add major new domestic gas reserves this year, and may hold more auctions to sell gas to European hub…
The foreign ministry of Iran has banned the Iranian Offshore Oil Company (IOOC) from performing any work at a gas field that Iran shares with…
Saudi Arabia will reduce its crude oil exports to the Asian market by around 7 million barrels in June, Reuters reported on Tuesday, citing a…
Canada’s Crescent Point Energy Corp—the North American oil and gas exploration and production company that has completed the highest number of acquisitions over the past…
China imported lower volumes of crude oil in April compared to the record-breaking imports in March, as seasonal refinery maintenance accounted for less crude needed…
UK’s oil major BP said on Monday that together with its joint venture partner Kosmos, it had made a major gas discovery offshore Senegal off the…
Iran plans to lift its crude oil production capacity by 3 million bpd, Iranian oil ministry’s news service, Shana, reported on Monday, quoting a senior…
UK’s Hurricane Energy, which focuses on oil production from naturally fractured basement reservoirs, said on Monday that recoverable resources at its Lancaster field in the North…
Since U.S. oil production started recovering at the end of 2016, coinciding with a pro-oil administration entering the White House, industry bodies and analysts have…
Russia’s biggest oil producer Rosneft reported on Friday a first-quarter net income rising 8.3 percent on the year, but missing analyst estimates, as the appreciation…