Tsvetana Paraskova

Latest articles from Tsvetana

• Germany’s Manufacturing Slump Deepens As Energy Costs Soar

  Published 04 November 2022 | viewed 4,193 times

  New factory orders in Germany crumbled by 4% in September from August, official data showed on Friday, as German and European industries grapple with soaring…

• Low Prices And Tanker Traffic Leave $2 Billion Of LNG Floating Off Europe

  Published 04 November 2022 | viewed 10,358 times

  More than 30 tankers carrying $2 billion worth of LNG are currently idling off Europe’s coasts as regasification terminals are full and traders expect European…

• U.S. Refineries Profit From Cheap Sour Crude

  Published 03 November 2022 | viewed 16,081 times

  Despite a decline in refining margins in recent months, the biggest American refiners continue to post bumper profits, helped by cheaper sour crude grades and…

• Azerbaijan Needs Investment In Order To Boost European Gas Flows

  Published 03 November 2022 | viewed 1,415 times

  Azerbaijan will need investment and long-term purchase commitments if it is to double its natural gas supply to the European Union, Azerbaijan’s deputy foreign minister…

• European Natural Gas Prices Jump As Cold Weather Closes In

  Published 03 November 2022 | viewed 8,182 times

  Europe’s benchmark natural gas prices at the Dutch TTF hub jumped by 10% early Thursday as weather forecasts pointed to a colder-than-normal spell coming to…

• UAE Believes The Oil Industry Is In “Decline Mode”

  Published 03 November 2022 | viewed 29,820 times

  Crude oil is in “decline mode” in the long term, OPEC heavyweight the United Arab Emirates (UAE) says. “To assume oil is going to be…

• Asian Natural Gas Importers Race To Stock Up Ahead Of Winter

  Published 03 November 2022 | viewed 1,373 times

  Japan, South Korea, and China are increasing the pace of stockpiling on natural gas ahead of the winter with inventory levels above the five-year average…

• The Real Challenge For Europe’s Energy Market Will Come Next Year

  Published 02 November 2022 | viewed 5,262 times

  Europe is more or less prepared to face this winter with nearly full gas storage sites and a steady flow of LNG imports. The real…

• Venezuela’s Oil Exports Plunge In October

  Published 02 November 2022 | viewed 7,732 times

  Venezuela’s crude and product exports slumped in October from September and from October last year due to lower oil production, Reuters reported on Wednesday, citing…

• Russia Becomes India’s Top Crude Oil Supplier

  Published 02 November 2022 | viewed 7,952 times

  Russia overtook OPEC heavyweights Iraq and Saudi Arabia to become the largest crude oil supplier to India in October, with record shipments of 946,000 barrels…

• Soaring Coal Prices Push Traders To Seek Private Funding

  Published 02 November 2022 | viewed 3,881 times

  Surging coal prices amid high demand and a lack of Russian coal imports has pushed European traders toward private funds to finance coal shipments, traders…

• Halliburton: The Era Of Exponential Growth In U.S. Oil And Gas Is Over

  Published 02 November 2022 | viewed 20,062 times

  The era of “exponential” growth in the U.S. oil and gas industry is over as most shale firms are returning cash to investors instead of…

• The Next OPEC-Like Cartel Could Be In Battery Metals

  Published 01 November 2022 | viewed 8,671 times

  The world’s largest nickel miner, Indonesia, is considering the idea of forming a cartel to manage the supply of nickel and some other key battery…

• IEF: EU Embargo Could Send Oil Prices “Well Above $100”

  Published 01 November 2022 | viewed 10,512 times

  Brent crude prices could easily break above $100 per barrel again if losses of supply from Russia are close to 3 million barrels per day…

• BP Boosts Buybacks As Q3 Profit Doubles To $8.2 Billion

  Published 01 November 2022 | viewed 1,573 times

  BP (NYSE: BP) announced a further $2.5 billion share buyback after more than doubling its Q3 profit from a year earlier, thanks to what it…

• The U.S. And UAE Sign A $100 Billion Clean Energy Pact

  Published 01 November 2022 | viewed 7,272 times

  The United States and the United Arab Emirates (UEA) signed on Tuesday a partnership expected to attract $100 billion in investment in clean energy projects…

• The World’s Largest Oil Company Posts Record-High Free Cash Flow

  Published 01 November 2022 | viewed 13,792 times

  Saudi Aramco posted a 39% yearly surge in net income for the third quarter and generated record free cash flow as higher oil prices and…

• The U.S. Diesel Shortage Is Worsening

  Published 31 October 2022 | viewed 166,970 times

  Multi-year low inventories and constraints in supply are exacerbating a diesel shortage in the United States, especially on the East Coast. Diesel demand continues to…

• Eni CEO: Europe Will Have To Rely On U.S. Oil To Replace Russian Supply

  Published 31 October 2022 | viewed 4,475 times

  Europe is set to increase its reliance on oil imports from the United States after the EU embargo on Russian seaborne crude imports enters into…

• U.S. Energy Envoy Calls For More Investment In Oil And Gas

  Published 31 October 2022 | viewed 7,333 times

  The oil and gas industry needs more investment, Amos Hochstein, the U.S. Senior Advisor for Energy Security, said at the ADIPEC energy conference in Abu…