Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
In November 2015, UK-based maritime security consultancy Ambrey Risk warned that the drop off in media reports of piracy in the Gulf of Aden should…
Regardless of whether OPEC manages to pull off a real deal on curbing production, the oil market is bound to recover in the second half…
In a sign that the oil price bust continues to weigh on drilling activity, offshore rig operator Transocean Ltd (NYSE:RIG) reported on Wednesday third-quarter earnings…
Abu Dhabi’s Supreme Petroleum Council has given the go-ahead to the five-year business plan of Abu Dhabi National Oil Company (ADNOC), which envisages the company…
While Saudi Arabia has started taking austerity measures to counter the falling revenues of its heavily-oil-dependent economy, the kingdom’s non-oil private sector growth slowed down…
Just two days after the Nigeria’s state-owned Trans Forcados oil pipeline resumed operations following an attack in July, militants hit the pipeline again late on…
The autumn of 1908 was a landmark moment in America’s car industry. In September of that year, William C. Durant founded the company that would…
The Kurdistan Regional Government (KRG) in northern Iraq is selling 910,000 bpd and reaping nearly US$1 billion in oil revenues every month, an investigative reporting…
Libya’s National Oil Corporation needs US$2.5 billion to invest in raising its crude oil production to 800,000 barrels per day next year from around 590,000…
BP (NYSE:BP) reported on Tuesday a third-quarter profit that beat analyst estimates, but weaker oil prices and sharply lower refining margins dragged its earnings down…
Following a dismal second quarter, Royal Dutch Shell (NYSE:RDS.A) reported on Tuesday a third-quarter profit that trumped analyst estimates. Despite the profit, Shell cautioned that…
Gasoline futures were surging almost 10 percent on Tuesday morning after Colonial Pipeline had to shut down part of its main pipeline for a second…
The oil price crash has been creating a wave of energy-related bankruptcy filings in the past two years, prompting many U.S. energy companies that were…
Saudi Arabia will likely raise the official selling price (OSP) differentials for Asia for December, to reflect an October premium in the spread between two…
Economists and analysts have kept their average Brent price outlook for 2016 almost unchanged at US$44.78 per barrel, as growing hurdles to a global deal…
GE (NYSE:GE) and Baker Hughes (NYSE:BHI) said on Monday they had agreed to merge GE’s oil and gas business with Baker Hughes to create an…
An oil workers’ representative said on Monday that there was another attack on an oil pipeline in the Niger Delta, which a fairly new militant…
Brazil - a non-OPEC producer with a fast-growing oil output - will be joining other non-OPEC members, including Russia, at Saturday’s discussion with the cartel…
Chevron Corporation (NYSE:CVX) reported on Friday a third-quarter net income that beat analyst estimates by a wide margin, saying that the earnings reflected an improvement…
Italy’s oil major Eni (NYSE:E) reported on Friday an adjusted net loss for the third quarter that was worse than analysts had expected, due to…