Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Russia’s crude oil output dropped in February to some 11.10 million bpd from 11.11 million bpd in January and from the more than 11.20 million…
Iran is trying to restore its pre-sanctions market share of oil shipments to Europe and has sent many crude tankers to European countries since the…
South Africa’s land is known for its resources such as platinum, gold, diamonds, copper and coal. But its waters may be hiding future giant oil…
Weaker Chinese gas demand and China’s ongoing energy reform have slowed down progress on talks between Gazprom and Chinese authorities on a second gas export…
Total SA and Petrobras signed on Tuesday the final agreements on an asset package sale that will see the French major buy stakes in offshore…
Since Saudi Arabia said last year that it planned to sell a small portion of its crown jewel Aramco, analysts and industry specialists have been…
Iraq’s semi-autonomous region of Kurdistan has recently negotiated deals with Rosneft and with trading houses to secure US$3 billion in loans that would be repaid…
Despite a respite in attacks on its oil infrastructure, Nigeria’s crude oil exports in April will drop to 1.54 million bpd from 1.65 million bpd…
The European Union’s member states could potentially set aside part of their tax revenues from oil to help fund the bloc, EU Budget & HR…
South Africa-based chemicals and energy company Sasol plans to begin producing oil in Mozambique within three years, which would mark the first oil output in…
The pressure to cut costs and optimize resources amid the oil price slump has made exploration and production companies analyze more carefully the potential of…
Pertamina will submit proposals to Iran to explore two oil fields in the country that Indonesia’s state-held energy company has estimated at containing 1.5 billion…
Oil majors Shell and Total SA are divesting some of their assets in Gabon, which signals a shift in the oil players’ line-up in the…
Russia’s oil production in February will be lower than the January output, with Moscow cutting more than the 117,000 bpd cut it made last month,…
India’s state-run Oil and Natural Gas Corporation (ONGC) will take majority control of Hindustan Petroleum Corp (HPCL) as part of the government’s plan to merge…
The UK production of crude oil and natural gas liquids increased by 4.8 percent on the year in 2016, the second annual rise in a…
The OPEC producers and the 11 non-OPEC nations that have joined the global production cut deal achieved a combined 86-percent compliance rate in January, OPEC…
Saudi Arabia is not ceding ground in its important markets in Asia amid the OPEC cuts, and has regained its position as top oil supplier…
Oil traders have already sold more than 10 million barrels of crude stored in tankers off the coasts of Asia in what could be seen…
Nigeria has reduced the unit technical cost (UTC) for producing oil to US$27 per barrel as of end-2016 from US$70 per barrel in 2014, Maikanti…