Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Pembina Pipeline Corporation is offering to buy Veresen Inc in a deal valued at around US$7.1 billion (C$9.7 billion), including Veresen’s debt and preferred shares,…
Saudi Arabia’s state-held oil giant Saudi Aramco will be launching in 2018 the revamped Muajjiz oil terminal on the Red Sea that would raise the…
Many carmakers, and not just Tesla, have been developing electric vehicles, betting on the expected continuous rise of battery-powered cars in the future. Now it’s…
Higher oil prices, slashed expenditure, and proceeds from asset sales helped Chevron Corporation (NYSE:CVX) to return to a first-quarter profit, easily beating analyst estimates. The…
ExxonMobil (NYSE:XOM) reported on Friday earnings of US$0.95 per diluted share for the first quarter—beating analyst expectations as higher commodity prices and cost cuts boosted…
BP has identified more than 200 million barrels of additional resources at its Atlantis field in the deepwater Gulf of Mexico by using a new…
Colombia’s second-largest pipeline, Cano-Limon Covenas with a 210,000-bpd capacity, was attacked early on Thursday, as a result of which oil was spilled and the flow…
Russia’s plans to build two electricity plants in Crimea to provide power to the annexed peninsula are being derailed by the sanctions that the EU…
In order to address concerns over refinery overcapacity at home, China will stop accepting applications by refiners to import crude oil beginning May 5th, the…
Taking part in the much-anticipated IPO of Saudi Aramco is not off the table for oil major Total SA because it could be a good…
BHP Billiton said on Wednesday that it is proceeding with a divestment of non-core U.S. acreage for value, and is considering all options for its Fayetteville…
The centuries-long human fascination with space may go beyond making sci-fi movies and into a brave new world of asteroid mining within just a couple…
Russia’s Federal Security Service, the FSB, said on Wednesday that it had foiled an attempt by alleged Islamic State supporters to carry out a terror…
As OPEC and non-OPEC producers seem to move closer to a consensus over extending the output cut deal beyond June, Saudi Oil Minister Khalid al-Falih…
Royal Dutch Shell and Oman Oil Company Exploration & Production (OOCEP) have signed a Heads of Agreement for cooperation in resource exploration in an oil…
Geologists and engineers have successfully drilled into the heart of a volcano in Iceland, as part of a project aimed at assessing the economic feasibility…
Libya’s biggest oil field, Sharara, which has been offline for most of the past month, is set to reopen after the Petroleum Facilities Guard (PFG)…
In a bid to clamp down on pipeline attacks and oil thefts, Nigeria’s oil minister Emmanuel Ibe Kachikwu is advancing plans to include illegal refineries in…
Iraq has started work on the third and final phase of the Halfaya oil field expansion, with the goal to double production capacity next year,…
The Norwegian Petroleum Directorate (NPD) said on Tuesday that its latest estimates show that the undiscovered oil and gas resources in the Barents Sea are…