Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
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…
Iran says that its crude oil exports to India have hit 700,000 bpd this month, with sales volume “unprecedented”, Iranian media report, quoting a statement…
The recent oil price rally is sure to boost petrodollar inflows into the government coffers and sovereign wealth funds of oil producing nations. A part…
Oil prices are expected to average $65 a barrel this year, up from the $53 per barrel average of 2017, driven by strong consumer demand…
Having slashed Saudi crude imports for May by 40 percent, China’s Sinopec—the largest oil refiner in Asia—will continue to cut imports of the flagship Saudi…
Money managers are overwhelmingly betting that oil prices will continue to rise in the short term as geopolitical wild cards trump concerns that U.S. shale…
Taiwan-based petrochemical giant Formosa Petrochemical Corp has selected St. James Parish in Louisiana for a US$9.4 billion chemical manufacturing complex, the office of Louisiana Gov.…
Aramco Trading, the trading arm of Saudi Arabia’s oil giant Saudi Aramco, will be looking to trade up to 6 million bpd of crude and…