Tsvetana Paraskova

Latest articles from Tsvetana

• The Shale Patch Bankruptcy Crisis Isn’t Over Yet

  Published 14 October 2020 | viewed 6,192 times

  Low oil prices, lower credit availability, and piling debt loads forced a few dozen oil and gas firms in North America to file for bankruptcy…

• EU May Set Binding Standards For Methane Emissions

  Published 14 October 2020 | viewed 1,070 times

  As part of its plan to reduce greenhouse gas emissions and become carbon neutral by 2050, the European Union (EU) will consider the creation of…

• China’s New Refineries Are Embarking On A Crude Buying Spree

  Published 14 October 2020 | viewed 6,302 times

  New refinery start-ups in China are helping to absorb some of the crude oil from the Middle East amid an otherwise depressed market with stalled…

• Russia: OPEC+ To Relax Oil Production Cuts Despite Second Wave

  Published 14 October 2020 | viewed 5,048 times

  The OPEC+ alliance is optimistic that it will be able to gradually ease production cuts from January as planned, despite surging coronavirus cases in many…

• Turkey Resumes Oil, Gas Survey In Eastern Mediterranean

  Published 14 October 2020 | viewed 1,511 times

  Turkey has resumed survey activities for oil and gas in disputed waters in the eastern Mediterranean in a move reigniting the tension with its neighbors…

• Saudi Aramco Discusses $10 Billion Pipeline Sale

  Published 13 October 2020 | viewed 10,215 times

  Saudi Arabia's oil giant Aramco is in early talks to potentially structure a deal worth more than US$10 billion to sell a part of its…

• Iraq Discusses Gas Investment At Its Largest Oilfield With BP

  Published 13 October 2020 | viewed 6,167 times

  Iraq discussed on Tuesday plans for investment in associated gas production at its largest oilfield, Rumaila, Iraq's Oil Minister Ihsan Abdul-Jabbar Ismail said in a…

• Morgan Stanley Sees Oil Prices Struggling To Break Above $50

  Published 13 October 2020 | viewed 6,157 times

  Oil prices will struggle to rise above $50 a barrel because of the technological shift in U.S. shale that has unlocked more production in recent…

• Brent Oil Unlikely To Rise Above $43 Until After U.S. Election

  Published 13 October 2020 | viewed 4,675 times

  The international oil benchmark Brent Crude will likely range-trade in the $40 to $43 a barrel band until after the U.S. election on November 3,…

• The Next Couple Of Months Are Crucial For U.S. Oil

  Published 12 October 2020 | viewed 21,507 times

  The U.S. oil industry faces a bumpy road to recovery from the steepest slump in oil demand in history.  Oil demand in the United States…

• Goldman Sachs: Biden Win Is Bullish For Oil

  Published 12 October 2020 | viewed 50,406 times

  A Joe Biden win at next month’s U.S. elections will likely be an upward catalyst for oil prices because it will increase costs for the…

• Gazprom Expects Gas Glut In Europe Will Continue In 2021

  Published 12 October 2020 | viewed 3,064 times

  Russian gas giant Gazprom doesn’t see the glut in Europe’s natural gas market going away soon, with oversupply extending well into 2021.   “The majority…

• IEA: Natural Gas Demand To See Largest Drop Ever In 2020

  Published 12 October 2020 | viewed 7,990 times

  Despite some uptick in consumption in recent months, the world’s demand for natural gas is still set to see its biggest drop on record in…

• EU Targets Emission Savings From Buildings

  Published 12 October 2020 | viewed 812 times

  The European Union (EU) aims to make buildings more energy efficient to save energy and cut emissions, European Commission President Ursula von der Leyen said…

• What Is Slowing The Oil Market Recovery?

  Published 11 October 2020 | viewed 19,290 times

  Just after global oil demand crashed by 20 percent in April, analysts predicted that consumption would recover in the second half of 2020 and, supported…

• Turkey’s Black Sea Gas Discovery May Be Bigger Than Thought

  Published 09 October 2020 | viewed 18,041 times

  Turkey is about to revise up the estimate of its natural gas discovery in the Black Sea, Bloomberg reported on Friday, quoting sources with direct…

• Norway’s Oil Strike Could End As Soon As Friday

  Published 09 October 2020 | viewed 5,672 times

  There is a chance that the oil workers’ strike in Norway will end as soon as on Friday, the head of the trade union whose…

• Aramco Dividend Won’t Cover Saudi Budget Gap

  Published 09 October 2020 | viewed 12,932 times

  The massive US$75-billion annual dividend of Saudi Aramco cannot fund the widening budget gap of Saudi Arabia if oil prices remain low beyond 2021, Moody’s…

• Saudi Aramco Doubles Down On Oil During Worst Demand Crisis Ever

  Published 08 October 2020 | viewed 18,385 times

  The world's largest oil company, state-held Saudi Aramco, is looking to withstand the crisis created by the worst oil demand crash in history—by doubling down…

• Venezuela Restarts Crude Blending Operations As Upgraders Return Online

  Published 08 October 2020 | viewed 5,040 times

  Venezuela’s state oil firm PDVSA has recently boosted its crude oil blending operations to a six-month high after some upgraders came back online, Reuters reported…