Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Following two years of persistently low oil prices which made companies slash investment and costs, the industry is starting to look up to a brighter…
The oil price slump that started in 2014 has affected the business of drillers and other service providers as companies slashed exploration spending, but offshore…
Venezuela - one of the staunchest supporters and promoters of OPEC’s oil production cuts - has said it would start reducing supply by 95,000 bpd…
On the back of OPEC cuts, Goldman Sachs expects WTI oil prices to rise to US$57.50 in the first half this year as reduced supply…
Predicting where oil prices would go next month or next year has always been a game of hit and miss, all the more so in…
Heading into the New Year with oil prices above US$50, both OPEC and the U.S. shale industry are claiming victory in the latest oil war…
President-elect Donald Trump has started naming his picks for key administration offices, and it looks like he is beginning to assemble a team to deliver…
OPEC is not expected to deliver all of its promised cuts, with compliance expected at around 60 to 70 percent, the chief executive of Geneva-based…
Brazil’s state-owned energy giant Petrobras said on Thursday that it had signed the final terms of a US$5-billion financing agreement with a Chinese bank and…
Russia’s No. 2 gas producer Novatek said that it signed on Friday upstream, liquefaction, and LNG supply deals with Japanese trading companies Mitsui & Co,…
Nigeria has discovered crude oil in the northeastern state of Borno - where the Islamist terrorist group Boko Haram had started its insurgency back in…
In just five days, Goldman Sachs has changed its mind about the expected OPEC cuts compliance, now seeing cartel members—especially Saudi Arabia—as having a “strong”…
Less than a month before OPEC is slated to begin the promised cuts, Iraq is increasing its crude oil sales to China, India and the…
ExxonMobil has shut its Nigerian headquarters after oil workers’ unions barricaded the office to protest the sacking of 150 local staff, Nigerian media reported on…
Continued political turmoil in Libya, with opposing factions fighting over oil infrastructure, is hampering the resumption of production at the Al-Feel oil field, a day…
Saudi Aramco said on Wednesday that it had signed joint venture agreements with Nabors Industries (NYSE:NBR) and Rowan Companies (NYSE:RDC) for onshore and offshore drilling,…
Earlier this week, Yahoo reported that more than one billion user accounts were compromised and data stolen in a hack by an unauthorized third party…
Traders have been chartering long-range vessels to store gasoil in tankers off Singapore for one to three months in order to take advantage of a…
ConocoPhillips (NYSE:COP) said on Wednesday that it had completed its 2016 asset sales program, generating US$1.3 billion from disposals, more than the US$1-billion in proceeds…
The OPEC deal to curtail oil output and help drawn down record global oversupply may turn out to be positive for the cartel’s over-reliant-on-oil economies…