Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Royal Dutch Shell (NYSE:RDS.A) and two other companies have acquired around 1 million barrels of Nigeria’s Forcados crude grade for delivery in late November, in…
India’s state-run Oil and Natural Gas Corporation (ONGC) will invest US$5.1 billion (340.12 billion rupees) over the next four years in the development of a…
Colombian state-held oil company Ecopetrol (NYSE:EC) unveiled on Thursday its updated business plan, which envisages investments worth US$13 billion by 2020 with oil at US$50…
A report commissioned by Greenpeace France has found that 28 nuclear reactors, including 18 EDF plants in France and one in the UK’s Sizewell, are…
Maersk Oil said on Thursday that it had launched drilling operations on the first production well in the Culzean gas field in the UK area…
OPEC’s decision to curb production “will go a long way in stimulating stock drawdown”, the organization’s Secretary General Mohammad Barkindo told CNN in an interview,…
The company overseeing the operations of the giant, highly expensive and complex Kashagan field in Kazakhstan expects to resume production by the end of this…
Last year, the world’s ultra-rich added a bit more to their combined wealth and now hold a total of US$30 trillion in net assets. The…
Sunoco Logistics Partners (NYSE:SXL) has reached an agreement to buy the crude platform of energy and commodity trader Vitol Group in the Permian Basin in…
India’s government approved on Wednesday two stake purchases by a consortium of Indian companies of Russian oil fields worth a combined US$3.2 billion. The Indian…
Iran has been spared the economic troubles that other oil-producing countries have been facing with the low crude prices, as the government has managed to…
Italy’s oil and gas major Eni has contacted banks to ask billions of U.S. dollars to finance the development of the huge Coral field offshore…
The first tanker loaded with shale ethane extracted from U.S. fields reached Scotland’s Grangemouth site of chemicals company Ineos on Tuesday, rekindling the shale controversy…
The International Energy Agency (IEA) executive director Fatih Birol does not see the oil market rebalancing until late next year, expressing a gloomier view on…
The UK’s opposition Labour Party will ban fracking ‘outright’ if it wins the next general elections, shadow international trade secretary Barry Gardiner said at the…
In a bid to support financial liquidity amid the low oil prices, Saudi Arabia’s central bank will be injecting US$5.33 billion (20 billion riyals) into…
Crude prices rallied on Monday as OPEC members gathered in Algiers to start discussing possible joint moves to prop up the market, but investors are…
A fire at Saudi Aramco’s oil terminal Ras Tanura injured eight workers on Tuesday morning, but oil and gas operations at the site have not…
Over the past 12 months, U.S. drivers splurged more than US$2.1 billion on premium-grade gasoline for vehicles designed to run on regular gasoline, the…
California’s Santa Monica is home to more than three miles of beaches and fresh breeze from the Pacific, and is one of National Geographic’s top…