Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Since the start of the OPEC-Russia production cut deal, Russia’s oil companies and government have received the equivalent of around US$41.5 billion more in proceeds,…
The budget deal that the U.S. Congress passed and President Donald Trump signed into law last Friday calls for selling 100 million barrels of the…
The International Energy Agency (IEA) said on Monday that it had carried out the broadest ever emergency response exercise, with countries representing around 70 percent…
For yet another month, OPEC has revised up its expectations for non-OPEC crude oil supply growth this year, expecting—again—U.S. oil production to increase more than…
U.S. President Donald Trump is expected to unveil an infrastructure plan on Monday, but it is already ripe for opposition in Congress because the plan…
OPEC’s total crude oil production averaged 32.30 million bpd in January, down by 8,100 bpd from December, as rising production in Iraq, Saudi Arabia, and…
The earnings season for the oil majors is over. Judging from their results, so is the three-year downturn that has transformed the industry after companies…
Islamic State is running online casinos as the terrorists try to compensate dwindled revenues from oil smuggling after they were driven out of vast areas…
Libya’s oil production averaged more than 1 million bpd in January, for the first time topping the million-bpd-mark for a full month since July 2013,…
Iraq is looking to attract US$100 billion worth of foreign investment that would help it rebuild its oil refining and petrochemicals sectors and reconstruct crucial…
In a move that could upend the pricing and trading of one of the world’s most actively traded commodities, China plans to finally launch its…
The budget deal that the U.S. Congress reached on Wednesday includes the sale of 100 million barrels of crude oil from the Strategic Petroleum Reserve…
The arrival of a tanker in Boston that contained liquefied natural gas (LNG) coming from a recently inaugurated Russian project grabbed a lot of media…
Tesla Inc (NASDAQ:TSLA) reported after market closure on Wednesday a lower-than-expected net loss and significantly slower cash-burn rate for Q4, while it confirmed its target…
Supermajors Eni and Total have made a promising gas discovery offshore Cyprus that confirms that the Zohr-like play where Eni found the biggest gas deposit…
Gazprom Neft—the Russian oil company that has publicly expressed frustration with the OPEC-Russian deal to curtail oil supply—does not rule out that the joint cooperation…
The Permian has increased its oil production more than any other shale basin in recent years, and it even had its production growing when all…
France’s supermajor Total SA continues to work on the South Pars gas project in Iran despite the uncertainty over potential new U.S. sanctions on Iran,…
Norway’s Statoil (NYSE:STO) said on Wednesday that it had reduced the breakeven for the first phase of its Johan Sverdrup offshore project to below US$15…
Oil prices will likely be below $70 per barrel this year, as growing U.S. onshore production as well as rising production from conventional fields will…