Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Total renewable-related federal subsidies in the United States dropped to US$6.7 billion in financial year 2016 from US$15.5 billion in FY 2013, a new report…
While oil exporting nations are benefiting from higher oil prices, oil importers face growing crude import bills that affect government finances. India—the world’s third-largest oil…
Marathon Petroleum Corp will buy Andeavor for US$23.3 billion in a deal that will create the largest U.S. refiner by capacity and a top-five refiner…
Venezuela has offered India a 30-percent discount on crude oil purchases, but only if India agrees to pay in El Petro, the cryptocurrency that Venezuela…
Saudi Aramco has appointed the first woman to its board of directors in what is seen as a milestone in the Kingdom where women executives…
While the U.S. tax overhaul is seen as a boon to businesses, including the energy industry, one segment of the oil and gas sector may…
Uruguay’s first oil auction in seven years that had offered 17 offshore blocks didn’t attract any bids by the April 26 deadline, Uruguay’s state-run oil…
Despite the fact that higher crude oil prices helped ExxonMobil (NYSE:XOM) to lift its Q1 earnings, the U.S. supermajor on Friday missed Wall Street expectations…
State-held Nigerian National Petroleum Corporation (NNPC) aims to make its exploration and production unit—the Nigerian Petroleum Development Company (NPDC)—the top oil producer in the country,…
India wants to split its biggest gas marketing and trading firm, state-run GAIL (India) Ltd, into two separate companies by the end of March 2019,…
When Tesla holds its 2018 Annual Meeting of Stockholders on June 5, shareholders will be asked to vote on a proposal by one stockholder that…
In its latest attempt to fight the Trans Mountain pipeline expansion, British Columbia is asking the B.C. Court of Appeal if the province has the…
Worsening transportation bottlenecks that led to wider discount of Canadian crude oil prices stifled the production and earnings of some of the big oil sands…
Venezuela continues to strain its relations with U.S. oil companies—the International Chamber of Commerce (ICC) has ruled in favor of ConocoPhillips in an expropriation dispute…
Oil majors began to reap the benefits of the higher oil prices and lower costs as early as last year when they started reporting growing…
No international oil major won any exploration and development contracts in Iraq’s Thursday auction of 11 oil and gas blocks, as the bidding attracted just…
Gazprom is currently shipping as much gas to Europe as it typically does in winter months, and expects demand this summer to be close to…
Shell (NYSE:RDS.A) on Thursday reported that first-quarter earnings had soared 42 percent annually, reaping the benefits of higher oil prices and strong integrated gas performance,…
Hess Corp (NYSE:HES) reported on Wednesday a smaller-than-forecast loss for the first quarter of 2018 as higher oil prices and lower operating costs helped it…
An Italian design studio, Lazzarini Design, has launched a crowdfunding campaign to kickstart the construction of a floating city consisting of solar-powered pyramids. Solar panels…