Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Just when it looked like that Nigerian militants and government had suspended confrontation and attacks to give peace in the restive oil-rich Niger Delta a…
China is increasingly finding itself in a position to consider imposing an oil embargo, a last-resort measure to deter North Korea from its nuclear weapons…
Russia’s Gazprom Neft said on Friday that its total cumulative production from its Novoportovskoye field within the Arctic Circle has reached 5 million tons, or…
Deepwater drilling was more deeply wounded by the oil price crash than conventional and shale onshore drilling. As the global oil and gas industry is…
Oslo-listed independent oil and gas producer African Petroleum said on Wednesday that it still holds 90 percent in a block offshore Senegal, for which France’s oil…
Russia is ready to extend the oil cut deal with OPEC and is inclined to believe that an extension is reasonable, TASS news agency quoted Russian…
Oil prices dropped on Thursday to their lowest level since last November, with Brent breaking below $50, amid concerns of rising global supply and still…
Royal Dutch Shell (NYSE:RDS.A), one of the last oil supermajors to report Q1 earnings this season, did not disappoint, beating expectations as it reported on…
A number of oil executives, analysts, and international agencies have been warning that the oil price crash and resulting slashed investments across the board would…
Exploration and production company Kuwait Energy plc said on Wednesday that it would be seeking an initial public offering on the main market of the London…
Saudi Arabia will continue to have full control over the oil wells and production of Aramco, after the much-anticipated initial public offering of around 5…
With a new funding arrangement for the joint ventures with international oil majors, Nigeria expects its crude oil production to rise to 2.5 million bpd…
The Canadian dollar dropped against the U.S. dollar to a 14-month low on Tuesday as the lower oil prices earlier this week added to the…
Like the other major oil companies, ConocoPhillips (NYSE:COP) benefited from the higher oil prices in the first quarter this year, but the U.S. exploration and…
The U.S. Supreme Court denied on Monday petitions brought up by the State of Alaska, native corporations, local governments, and the Alaska Oil and Gas Association,…
Litasco, the international oil trading company of Russia’s Lukoil, and Iraq’s state oil marketing firm SOMO have created LIMA Energy—a joint oil trading company based…
In another sign that oil majors are recovering with the help of higher oil prices this year, BP (NYSE:BP) reported on Tuesday a first-quarter underlying…
Since the start of OPEC’s production cuts, oil market analysts and experts have been focusing on how U.S. shale would respond to the relatively higher…
In a bid to defend its Asian market share amid OPEC’s production cuts, Saudi Arabia is lowering yet again the official selling prices (OSPs) for…
Suncor Energy said on Monday that pipeline shipments from the Syncrude Mildred Lake Oil Sands facility in Canada had resumed after completing repairs following a…