Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Oil supermajors have come to realize that shrunk capex plans will make their exploration efforts profitable in lower-cost, lower-risk areas, and have changed drilling tactics…
Egyptian authorities intend to start their initial public offerings (IPOs) program with state-held oil companies, in a plan to raise US$10 billion from listings in…
Standard & Poor’s Global Ratings has further downgraded Nigeria’s sovereign credit rating to ‘B’, five levels below investment grade, citing a significant decline in oil…
Coalition military forces have carried out 10 air strikes against ISIS targets in Syria, destroying five supply routes, oil well heads and oil tanker trucks,…
ExxonMobil Corp (NYSE:XOM) has come once again under investigation by Democratic New York Attorney General Eric Schneiderman, who is investigating why the U.S. giant is…
The partners of a license in a mature area in Norway’s North Sea have struck oil and gas close to the Gjoa field, the operator…
The Iran-Oman gas pipeline will be more expensive than initially thought after the two countries agreed to alter the original route plan to avoid passing…
A tanker is ready to load over 600,000 barrels of oil at the Ras Lanuf terminal, the first to arrive at this Libyan port since…
Russia’s Gazprom said on Wednesday that it had received—via diplomatic channels—the first permit from Turkish authorities for the construction of the offshore leg of the…
At a time when U.S. and Saudi relations are strained, the Saudi Arabian Oil Company is reportedly leading in a race to buy a large…
The National Iranian Oil Company (NIOC) is still negotiating with the UK over the release of revenues Iran is owed from a 50-percent interest in…
The UK government is set to announce by the end of this week that it is giving its consent to the Hinkley Point project, with…
Despite a jump in Scottish North Sea production in the 2015-16 fiscal year, the value of Scotland’s oil and gas sales plunged by 23.5 percent…
The United States, the United Kingdom, France, Germany, Italy and Spain condemned on Tuesday this weekend’s attack on oil export terminals in eastern Libya by…
For the first time since ExxonMobil (NYSE:XOM) declared force majeure on Nigeria’s Qua Iboe oil exports in July, the U.S. oil company is offering Qua…
Saudi Arabia has overtaken the U.S. as the world’s biggest oil producer for the first time since 2014, according to the Oil Market Report by…
Iraq’s State Oil Marketing Company, SOMO, expects its October exports from the main southern Gulf terminals will average 3.28 million barrels per day, up by…
In the 18th century, a British navigator sailing past Nauru - a tiny island some 1,800 miles northeast of Australia – named it Pleasant Island.…
OPEC revised up on Monday its forecast for non-OPEC oil supply in 2017 by 350,000 barrels per day and now expects producers outside the cartel…
Baghdad has been discriminating against the province of Kirkuk in northern Iraq and has not been paying its dues for oil revenues since 2014, so…