Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
The results of appraisal and exploration in central and southern Iraq have led to increased estimate for the country’s proven oil reserves to 153 billion…
Although global oversupply concerns continue to depress crude prices, producers in the Middle East and North Africa (MENA) region have invested around US$294 billion in…
Abu Dhabi National Oil Company (ADNOC) signed a deal on Sunday to award to the China National Petroleum Corporation (CNPC) an 8-percent stake in Abu…
The Saudi-led OPEC cuts may have supported oil prices and reduced market volatility, but they have also opened the door wide to rival crude grades…
The Nigerian vice-president has been named Acting President as the government moves to stem fears associated with the absence of President Muhammadu Buhari amid a…
TransCanada Corporation said on Thursday that it had filed an application with the Nebraska Public Service Commission (PSC) seeking approval for its Keystone XL pipeline…
The number of job vacancies in Norway’s oil and gas industry rose in the fourth quarter last year compared to the fourth quarter of 2015,…
Kuwait -- one of the strongest supporters of the Saudi-led OPEC supply-cut deal and a member of the monitoring committee on the production reduction –…
The recent recovery and stabilization of oil prices has led to increased business confidence for Canada’s oil and gas companies, which expect improved business conditions…
Since 2011, political instability and regional insecurity have plagued Egypt’s economy, and the energy sector has not been spared. Until recently a net gas exporter,…
Iran says that France’s Total may have to compensate it if the company has disclosed data about South Pars to neighboring Qatar, with which the…
Faced with budget strains amid low oil prices, Saudi Arabia ditched its pump-at-will policy and brought together the diverse group of OPEC nations to agree…
South Korea doubled its imports of Iranian crude in January this year from the same time last year, when Iran returned on the international oil…
In its first bond sale since the Fukushima nuclear tragedy in 2011, Tokyo Electric Power Co (Tepco) has filed plans to issue US$612 million (70…
OPEC is doing a surprisingly good job—at least initially—in complying with its promised output cuts, recent reports by international agencies and the cartel itself show.…
Oilfield Services Rush To Raise Capital As Oil Recovery HoldsChina’s independent refiners, the so-called teapots, are importing Russia’s Urals grade with the drop in the…
Egypt expects to soon draft a repayment schedule to pay US$3.5 billion in arrears it owes to foreign oil and gas companies, Egyptian Petroleum Minister…
Despite the current coal shortage that threatens to disrupt Ukraine’s power generation, the country will not import electricity from Russia, Ukraine’s Energy and Coal Industry…
The EIA is, and will continue to be, the gold standard for reporting U.S. oil inventories, and the administration’s weekly reports have the power to…
While OPEC producers are boasting an unusually high initial 90 percent plus compliance to the oil output cuts, the non-OPEC nations that have joined the…