Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Apache Corporation (NYSE:APA) reported on Thursday a second-quarter net loss, dropping to US$244 million from US$860 million for the same period of 2015, but still…
Hundreds of workers on Royal Dutch Shell (NYSE:RDS.A) platforms in the North Sea began a new 48-hour strike on Thursday to protest against pay cuts…
Marathon Oil Corporation (NYSE:MRO) reported on Wednesday a net loss of US$170 million for the second quarter, more than halving its US$386-million loss for the…
Tesla (NASDAQ:TSLA) reported on Wednesday a wider-than-expected loss for the second quarter, but reiterated its focus on car deliveries and for full-year capital expenditure to…
Energy Transfer Partners (NYSE:ETP) and Sunoco Logistics Partners (NYSE:SXL) said on Tuesday they had agreed to sell 36.75 percent in the Bakken Pipeline Project to…
Devon Energy Corp posted a net loss of US$1.57 billion for the second quarter, lower than the US$2.8-bilion loss for the same period last year,…
Donald Trump’s latest remarks that local communities should be able to ban fracking have raised eyebrows in the oil industry, straying from the Republican energy…
Norway’s Statoil said on Monday it would sell some of its non-operated U.S. shale interests in West Virginia to Antero Resources Corporation, in a bid…
BHP Billiton’s use of robots drills, 3-D seismic maps and drones has cut years off development at oil sites in Trinidad and Tobago and has…
Libya’s key oil terminals have reopened for operations, Moussa al-Kouni, the deputy head of the country’s UN-brokered presidency council, told reporters late on Thursday at…
ExxonMobil reported on Friday earnings of US$1.7 billion for the second quarter, a 59-percent tumble on the year, amid sharply lower commodity prices and weaker…
Royal Dutch Shell has reclassified its 13.6-percent stake in Australia’s Woodside Petroleum and now considers it as “an asset for sale”, The Australian Financial Review…
Natural gas futures soared 8 percent on Thursday, marking their highest one-day jump this year, after government figures showed that the build in the gas…
ExxonMobil Corp and Petrochina Co. have filed offers to develop two oil fields in southern Iraq, which are expected to pump 550,000 bpd, Iraqi Deputy…
Oilfield services group Baker Hughes said on Thursday that it had cut 3,000 jobs in the second quarter in a bid to increase annualized savings…
As lower oil prices continued to challenge its business, Royal Dutch Shell reported on Thursday a second-quarter net profit tumbling 72 percent on the year,…
Turkey has detained the general manager of the Petkim petrochemical refinery, Sadettin Korkut, in what seems like an extension of the post-attempted-coup purge President Recep…
A Milan court indicted on Wednesday Italian oil major Eni, oil services group Saipem and former Eni chief executive Paolo Scaroni, sending them again to…
Recent military attacks on oil infrastructure in Nigeria have dragged the country’s daily crude production down by 700,000 barrels per day (bpd), figures by the…
Following robust demand for crude and disruptions to supply in the second quarter, the World Bank raised on Tuesday its 2016 forecast for crude oil…