Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
As soon as next month, OPEC may decide to reverse some of the production cuts in place since the beginning of 2017, to respond to…
Amid easing of tensions in the U.S.-China trade dispute, China is slashing its import tariffs on cars and car parts from July 1 in what…
Oil market participants and analysts have been focused on the front-month oil futures prices that rallied to levels last seen in November 2014, with Brent…
Australia’s oil and gas producer Santos rejected on Tuesday the best and final US$10.9-billion (AUS$14.4 billion) takeover offer from U.S. Harbour Energy, saying that it…
The world’s largest oil and gas companies often report a range of internal and proprietary climate scenarios, making it difficult to compare across the sector,…
The imposition of steel import tariffs and quotas will directly burden Texas oil and gas producers with higher costs for oilfield steel goods, which could…
OPEC member Angola is halving the tax rates on development of oil discoveries with less than 300 million barrels of reserves as new President Joao…
CEFC Shanghai International Group—a subsidiary of China CEFC Energy whose deal to buy 14 percent in Rosneft for US$9 billion collapsed earlier this month—said on…
More than half of new car sales in the world will be electric vehicles (EVs) in 2040, with one-third of the global car fleet then…
Switzerland-based miner and commodity trader Glencore is nearing a US$1-billion deal to buy the South African assets of Chevron, possibly upsetting an earlier agreement between…
As the summer driving season approaches, drivers are already paying more for gasoline due to the oil price rally in recent months. But higher oil…
Key oil ministers and company executives will gather in Russia later this week for the St. Petersburg International Economic Forum, and expectations are that the…
The airline industry is heading for rising fuel costs as crude oil prices surge, and the weakest of the European airlines may not make it…
Tesla (NASDAQ:TSLA) shares were pointing to a positive opening on Monday after Elon Musk tweeted over the weekend that a dual motor, all-wheel drive performance…
WTI Crude prices have recently surged to their highest level in three and a half years—just above $70 a barrel. In theory, that’s higher than…
Major crude oil importer India is concerned that the rallying oil prices are hurting its economy, and its Petroleum Minister Dharmendra Pradhan reiterated the need…
The International Energy Agency (IEA) is ready to act if “necessary to ensure that markets remain well supplied,” the IEA’s Director for Energy Markets and…
Large global investors—representing a combined US$10.4 trillion worth of assets under management—urged oil and gas companies on Friday to start acting responsibly in tackling climate…
Kenya has stored 70,000 barrels of oil in the north of the country, waiting to be trucked to the Mombasa port for pilot exports, but…
West African country Ghana, a relative newcomer to the oil industry, plans to award as many as nine offshore blocks off its west coast in…