Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
TotalEnergies (NYSE: TTE) saw its net profit double in 2022 to a record $36.2 billion and announced an increase in dividends and share repurchases after…
Each of the world’s biggest oil and gas majors reported record profits for 2022 in the past week, doubling their combined net earnings from 2021…
Equinor (NYSE: EQNR) on Wednesday joined the group of oil and gas majors reporting record profits for 2022 as its adjusted earnings after tax more…
An expected surge in renewables electricity generation over the next few years signals that the world is close to the tipping point of emissions in…
Increased efforts to accelerate the energy transition and ensure energy security are driving a new upcycle in investment in the supply of oil, natural gas,…
A nationwide strike in France over a proposed pension reform interrupted on Tuesday the shipment of fuels from refineries and a fuel depot of TotalEnergies,…
Loadings of Russia’s flagship Urals crude using ship-to-ship (STS) transfers in the Mediterranean surged eight times in January from December to a record in the…
California’s Governor Gavin Newsom has called on the federal authorities to launch an investigation into the soaring natural gas prices in California and the rest…
BP (LON: BP) became the latest oil and gas supermajor to report record earnings for 2022, more than doubling its profit last year as oil…
A strong rebound in China’s oil demand this year may lead to the OPEC+ group reconsidering its production targets and quotas, according to the International…
On Monday, Saudi Arabia raised the official selling price of its flagship crude going to Asia in March. The hike, which was the first in…
The Ceyhan oil terminal in southern Turkey has halted operations after the devastating earthquake in Turkey and Syria early on Monday, Tribeca Shipping Agency said,…
Oil production at Norway’s huge Johan Sverdrup 1 oilfield was halted on Monday due to a technical fault and reduced power supply, the operator of…
The OPEC+ group deserves to be given credit for the way it has handled oil market stability in recent months, OPEC Secretary General Haitham told…
Europe has raised its imports of fuels from the Middle East and the United States in preparation for the EU ban on seaborne imports of…
Germany saved less gas than targeted in the second half of January, Klaus Müller, the president of the German Federal Network Agency, Bundesnetzagentur, said on…
Russia sees no need to reduce its output of petroleum products as the EU embargo on imports of Russian fuels kicks in on February 5,…
Russia is considering taxing its oil firms based on the price of Brent – instead of its flagship grade Urals – to limit the fallout…
Following record utilization last year, U.S. refiners expect to have lower capacity operating in the first quarter of this year, due to a heavy maintenance…
Turkey will require tankers carrying petroleum products through the Turkish straits to have a valid Protection and Indemnity (P&I) insurance cover as of February 6,…