Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Norway’s Statoil (NYSE:STO) booked an unexpected net operating loss of US$1.897 billion for the fourth quarter, after taking US$2.3 billion net impairment charges mostly due…
Royal Dutch Shell (NYSE:RDS.A) is looking to sell its share of the offshore oil and gas joint venture Danish Underground Consortium, in which the Anglo-Dutch…
Commodities giant Glencore has extended its deal with Libya’s National Oil Corporation (NOC) to be the exclusive trader of around 230,000 bpd of Libya’s current…
State-held Qatar Petroleum seeks to grow its liquefied natural gas (LNG) production and reserves outside Qatar, according to the company’s chief executive officer Saad al-Kaabi.…
Saudi Arabia’s oil giant Saudi Aramco has hired four banks as advisers to its first bond sale, possibly by June this year, ahead of a…
The border adjustment tax proposal in House Republican’s tax reform blueprint is widely seen as benefiting U.S. oil producers because it would exempt exports and…
Radiation levels in one part of reactor no.2 at the Fukushima Daiichi nuclear power station are the highest since the disaster in March 2011, media…
Since oil prices recovered to over US$50 per barrel, analysts have started calling the bottom of the investment cycle in the oil industry. But while…
As part of its strategy to further cut costs and reduce debt, oilfield services company Weatherford International (NYSE:WFT) said on Thursday that it had launched…
Royal Dutch Shell (NYSE:RDS.A) is making “significant progress” on selling another US$5 billion worth of assets, chief financial officer Simon Henry said on Thursday after…
Saudi Arabia has raised the prices of all grades it will be shipping to Asia, the U.S., Northwest Europe and the Mediterranean countries, with prices…
Although the volume of global oil and gas transactions dropped last year, the deals’ total value rose to US$395 billion from US$340 billion in 2015,…
Saudi Arabia may increase its investments in refining and distribution in the U.S. under the new pro-oil Administration, Saudi Oil Minister Khalid al-Falih said in…
India is exempting foreign companies from income tax when they sell oil locally at the end of a contract for strategic storage with the government,…
Low oil prices and the distress of the solar, coal, and oil and gas producers resulted in nine energy firms making the top 10 of…
The U.S. Army Corps of Engineers will be granting shortly the last approval needed for the completion of the Dakota Access Pipeline, North Dakota’s Republican…
In a change of trade patterns, the United States booked a surplus in its trade of crude oil and refined products with Latin America for…
It’s been a month now that investors and analysts have been closely watching two main drivers for oil prices: how OPEC is doing with the…
State-held Oman Oil Company plans to invest US$1 billion in developing various upstream and downstream projects in Oman this year, the firm’s chief executive Isam…
West Africa is becoming the latest oil exporting region to take advantage of the OPEC supply-cut deal and ship increased volumes of crude to the…