Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Analysts have raised their oil price forecasts for this year as the OPEC supply-cut deal is starting to tighten oil markets, but warned that rising…
After Chevron badly missed on its Q4 last Friday, another oil supermajor missed analysts estimates today: ExxonMobil Corporation (NYSE:XOM) reported fourth-quarter earnings below analyst expectations…
The Trans Forcados Pipeline in Nigeria - which has suffered several militant attacks and has been shut for most of 2016 – could resume operations…
The implementation of the project to raise production at Kazakhstan’s huge Tengiz oil field will create more than 20,000 oil-related jobs in the country, the…
In a change of course, the Swedish government is inclined to let Russia’s Gazprom use Sweden’s southern port of Karlshamn for the construction of the…
The U.S. electricity industry plans to raise natural gas-fired generating capacity by 8 percent in 2018 compared to existing capacity as of the end of…
Oil traded slightly lower early on Monday, as signals that the U.S. crude oil output is continuously recovering mostly outweighed signs that OPEC is largely…
Just a few months after oil prices began to crash from its US$100 level in 2014, BP’s chief executive Bob Dudley warned the industry that…
Angola’s state-held oil firm Sonangol plans to load 1.51 million barrels per day in March under its finalized exports schedule, down from plans to export…
The external audit of the oil reserves of Saudi Aramco ahead of its planned IPO has confirmed that Saudi Arabia’s oil giant has more than…
Chevron Corporation (NYSE:CVX) reported on Friday earnings of US$0.22 per share for the fourth quarter, compared with a loss of US$0.31 per share for the…
As Baker Hughes (NYSE:BHI) booked a fourth-quarter loss much wider than analysts had expected, the oilfield services group said on Thursday that it expects companies…
The hefty cost cuts that the supermajors have made over the past two years, combined with relatively stable oil prices that are now over $50,…
The inevitable advance of technology and automation has upended industries such as car manufacturing and food processing. Now robotics is making its way into the…
In view of its IPO expected in 2018, Saudi Aramco has hired a unit of Baker Hughes and a Dallas-based reserves auditing firm to look…
After passing key legislation to advance its stalled oil and gas licensing tenders, Lebanon opened on Thursday five offshore blocks up for bidding, re-launching the…
Venezuela’s cash-strapped PDVSA may have barely avoided default last year, but its finances seem to have further worsened. More than 4 million barrels of Venezuelan…
Hess Corporation (NYSE:HES) beat analyst estimates, reporting on Wednesday a fourth-quarter adjusted net loss of US$305 million, down from a US$396-million loss for the fourth…
Poland’s new energy strategy must aim to reduce the share of coal and carbon-intensive power-plants, while strengthening energy security, the International Energy Agency (IEA) said…
Despite the recovery of the U.S. oil patch in recent months, the crude oil price crash in 2015 and 2016 has hit the economies of…