Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
France’s oil major Total SA will likely finalize the deal for the development of a large natural gas project in Iran in less than a…
The oil price slump and the consequent economic problems forced many oil-exporting countries to cut military spending last year, with Saudi Arabia recording the largest…
Despite the fact that it posted a rise in first-quarter net profit, Singapore’s Keppel Corporation, the world’s largest offshore rig builder, has cautioned that the offshore…
Less than a month after it announced the completion of the sale of its geothermal business in Indonesia, Chevron Corporation said on Monday that it entered into…
Prolonged low oil prices— which have prompted all companies in the sector to rethink strategies and shore up finances —have not spared the wealthy Middle…
Iran’s crude oil exports in May will likely hit their lowest volume in 14 months, as the Islamic Republic has cleared tanker storage and Asian…
The U.S. shale revival helped Schlumberger (NYSE:SLB) report on Friday its first annual revenue growth for a quarter for the first time in more than…
North Sea oil and gas operator Ithaca Energy said on Friday that the conditions of the cash takeover offer by Israel’s Delek Group have been satisfied…
Nigeria’s navy has foiled an attempt by vandals to break a pipeline operated by the Nigerian National Petroleum Corporation (NNPC) that carries petroleum products from…
India will not be able to reach its target to reduce its oil imports dependence by 10 percent by 2022, S&P Global Platts analysts reckon. India’s…
Azerbaijan’s state-run oil company SOCAR will produce another 43,800 tons of oil and around 3.65 million cubic meters (129 million cubic feet) of gas per…
U.S. oil and gas mergers and acquisitions in Q1 2017 hit a record high value for a first quarter, boosted by a wave of mega…
ExxonMobil is betting on shale development not only on its home turf. The supermajor is also planning to speed up investment plans for shale gas…
A Dutch appeals court ordered on Thursday local prosecutors to open a criminal investigation into whether gas company NAM, jointly owned by Shell and ExxonMobil,…
The El-Feel oil field in western Libya—operated by a joint venture between Italy’s Eni and Libya’s National Oil Corporation (NOC)—reopened on Wednesday after two years,…
While acknowledging that Iran has so far complied with the nuclear deal it agreed to, U.S. Secretary of State Rex Tillerson said on Tuesday that the…
Tanzania’s government has prepared a draft agreement with international oil companies willing to take part in a $30-billion LNG export project, and has sent the…
Iran will likely be allowed to maintain its current oil production levels should OPEC decide next month to extend the output cut deal for another…
Angola, whose economy is highly dependent on the oil industry and crude export revenues, needs a price of oil at around $85 per barrel in…
This year marks Alaska’s 40th anniversary of the Trans Alaska Pipeline Systems (TAPS)—an 800-mile-long crude oil route that runs from the North Slope to Valdez, the…