Tsvetana Paraskova

Latest articles from Tsvetana

• Saudi Oil Giant Aramco Dismisses ''Speculation'' About Peak Demand

  Published 08 October 2020 | viewed 12,395 times

  Saudi Arabia’s state oil giant Aramco doesn’t fear peak oil demand as it doubles down on boosting oil production in the long term to beat…

• Shell Shuts All 9 Of Its Gulf Of Mexico Oil Platforms Ahead Of Hurricane

  Published 08 October 2020 | viewed 3,384 times

  Shell said on Thursday that it had shut in production at all nine of its platforms in the U.S. Gulf of Mexico and evacuated all…

• OPEC: Oil Demand Will Grow Until Late 2030s

  Published 08 October 2020 | viewed 9,031 times

  OPEC expects global oil demand will exceed the pre-pandemic levels in 2022 and grow steadily until the late 2030s, when it will begin to plateau,…

• Oil Prices Are Unlikely To Collapse Again

  Published 07 October 2020 | viewed 21,754 times

  The oil market has already priced in the slowing global demand recovery and the growing uncertainties about the economy amid resurging coronavirus cases in many…

• BP Forced To Boost Security In Azerbaijan As Conflict Escalates

  Published 07 October 2020 | viewed 8,519 times

  BP will boost security at its oil and gas assets and operations in Azerbaijan after reports of alleged attacks near an important oil pipeline as…

• The U.S. Fell Short In Providing Effective Oil And Gas Relief

  Published 07 October 2020 | viewed 4,857 times

  Hastening to approve relief for oil companies after the price crash, the U.S. Bureau of Land Management (BLM) adopted an unclear policy for temporary royalty…

• Big Oil Still Isn’t On Course To Hit Global Climate Goals

  Published 07 October 2020 | viewed 945 times

  Despite Big Oil’s race to commit to net-zero emissions and significantly boost renewables operations, none of the major oil and gas companies have aligned their…

• Nigeria Looks To Ramp Up Its Oil Refining Capacity

  Published 07 October 2020 | viewed 3,132 times

  Nigeria, Africa’s largest crude oil producer and exporter, expects to end its crude-for-fuel swap deals by 2023 when its refining capacity is set to increase…

• Poland Fines Gazprom $7.6 Billion Over Nord Stream 2

  Published 07 October 2020 | viewed 3,923 times

  Poland, one of the countries strongly opposing the Russia-led Nord Stream 2 natural gas pipeline project, fined on Wednesday Russian gas giant Gazprom the equivalent…

• Oil Prices And The Pandemic Will Force Gulf Banks To Merge

  Published 06 October 2020 | viewed 1,609 times

  The low oil prices and the coronavirus pandemic have increased the financial pressure on the banks in the Gulf region, which will be looking at…

• Pipeline Operators Lure Texas Shale Producers With Discounts

  Published 06 October 2020 | viewed 2,369 times

  Large pipeline operators in the U.S. shale patch are reducing fees to keep their upstream customers shipping crude from the Texas oilfields to the U.S.…

• Oil Rallies As Trump Returns To The White House

  Published 06 October 2020 | viewed 6,457 times

  After soaring on Monday, oil prices continued to rise on Tuesday after U.S. President Donald Trump returned to the White House from the hospital where…

• U.S. Upstream Oil Mergers Still Slow Despite Chevron, Devon Deals

  Published 05 October 2020 | viewed 7,076 times

  Despite two big corporate transactions in the third quarter, the number of U.S. upstream oil and gas deals was tied with the first quarter for…

• Short Selling In Oil Returns

  Published 05 October 2020 | viewed 11,192 times

  Money managers resumed selling the most traded petroleum futures contracts last week, reversing more than half of the previous week’s buying, as the lasting impact…

• Oil Majors Hit Hard By Canada's Energy Stock Selloff

  Published 05 October 2020 | viewed 14,285 times

  Canada’s oil industry is suffering the consequences of the global oil demand and price crash, just like every company in the sector anywhere in the…

• 70% Of Lost U.S. Oil Jobs May Not Return Anytime Soon

  Published 05 October 2020 | viewed 5,155 times

  As much as 70 percent of the more than 100,000 jobs lost in the U.S. oil, gas, and chemicals industries due to the pandemic may…

• China’s Oil Imports Slowly Return To Normal Levels

  Published 05 October 2020 | viewed 4,982 times

  China’s crude oil imports averaged 11.52 million barrels per day (bpd) in September, up by 3.1 percent from August, but slowly returning to historical levels…

• MIT Scientists: Nuclear Fusion Energy Could Be Closer Than Thought

  Published 04 October 2020 | viewed 71,430 times

  The decades-old dream of many scientists and science fiction writers may come true at some point over the next decade.  Researchers at MIT and a…

• Iraq Boosts Oil Exports Despite OPEC+ Pledges

  Published 02 October 2020 | viewed 16,679 times

  Despite promises to keep in line with the OPEC+ pact, Iraq – OPEC’s second-largest producer and biggest laggard in implementing the cuts – slightly raised…

• Oil Industry Begins Ad Campaign In Swing States

  Published 02 October 2020 | viewed 17,843 times

  A month before the U.S. presidential election, the oil industry’s most powerful lobbying group, the American Petroleum Institute (API), is launching ads in a number…