Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
The International Monetary Fund (IMF) cut on Monday its forecast for Saudi Arabia’s economic growth this year to 1.8 percent, down by 0.6 percentage point…
Oil prices were up early on Monday, steadying at a two-month high last seen in mid-November, as the plunging U.S. rig count last week signaled…
There is no respite for Libya on its bumpy road to recover crude oil production to the levels of 2011, when the toppling of Muammar…
Chinese independent refiners—commonly known as teapots—are not expected to be heavily impacted by restrictions on production, blending, and sales of oil products that the Shandong…
Eastern Libyan forces, who launched earlier this week a military operation in Libya’s south to fight extremists and secure oil facilities, have killed a senior…
Tesla said on Friday that it would reduce full-time employee headcount by around 7 percent, aiming to cut costs as it looks to start delivering…
Saudi Arabia plans to build an oil refinery that would use Saudi crude, as well as a petrochemical plant in South Africa, as part of…
OPEC published on Friday the long-awaited list of oil production quotas for each country in the OPEC+ deal, as it seeks to shore up market…
Clean energy solutions are not moving fast enough to meet the UN targets for curbing the effects of global warming, and alternative energies are unlikely…
OPEC has decided to hold an extraordinary full ministerial meeting on April 17 in Vienna to discuss the state of the oil market and the…
U.S. natural gas prices continue their rollercoaster ride at the height of the heating season, after extreme volatility gripped the market in the fall amid…
Due to weather and geological conditions in the cold Russian winter, Russia cannot cut its oil production too quickly, Energy Minister Alexander Novak said on…
U.S. Energy Secretary Rick Perry said on Thursday that the United States is launching a battery recycling research and development (R&D) center, aiming to reduce…
Canada’s benchmark heavy oil price has recovered since the oil-rich Alberta province mandated in December an oil production cut of more than 300,000 bpd, with…
Libya reopened on Thursday all its oil loading terminals where operations were suspended for nearly a week due to inclement weather, S&P Global Platts reports,…
Continuously rising U.S. shale production will make the United States a net exporter of crude oil and petroleum products in the fourth quarter of 2020,…
OMV, the operator of the northernmost oil discovery offshore Norway—Wisting in the Barents Sea—could begin production in 2026, the Senior Vice President of OMV’s Norwegian…
Despite the wild ride of oil prices in 2018—in which gains earlier in the year were wiped out in massive sell-offs in the fourth quarter—energy…
Iran is ready to sign a deal with Iraq to drop the bilateral customs tariffs to zero, Iranian Foreign Minister Mohammad Javad Zarif said while…
Despite the fact that the U.S. is not looking to grant any waivers to Iranian oil customers when the current ones expire in early May,…