Tsvetana Paraskova

Latest articles from Tsvetana

• Does Trump’s ‘America First’ Tax Plan Benefit Oil & Gas?

  Published 23 January 2017 | viewed 18,956 times

  U.S. President Donald Trump has plans to support domestic oil and gas industry, job creation and local manufacturing in his America First agenda. One proposed…

• Oil Minister: Iraq Has Already Cut 180,000 Bpd Under OPEC Deal

  Published 23 January 2017 | viewed 9,327 times

  Amid speculation whether Iraq would really play along with the OPEC production cuts, the oil minister of the cartel’s no.2 producer said on Monday that…

• Key Senators McCain, Graham Back Tillerson As Secretary Of State

  Published 23 January 2017 | viewed 3,670 times

  Donald Trump’s pick for Secretary of State, Rex Tillerson, has won the approval of two key Republican senators, John McCain and Lindsey Graham, just before…

• Kuwait Oil Company Announces State Of Emergency After Oil Leak

  Published 23 January 2017 | viewed 8,252 times

  Kuwait Oil Company (KOC) has declared a state of emergency after oil leaked in southwestern Kuwait on Sunday, Kuwait News Agency (KUNA) reports, quoting a…

• Saudi Oil Minister Shrugs At U.S. Shale Recovery

  Published 22 January 2017 | viewed 20,426 times

  When OPEC decided not to cap output in 2014, flooding the market with oil, it was trying to drive higher-cost producers – most notably U.S.…

• China Puts Shanghai Oil Futures Contract Launch On Hold

  Published 20 January 2017 | viewed 8,688 times

  Faced with international investors’ concern over China’s potentially heavy interventions on money and commodity markets, Beijing has quietly postponed, probably by years, the launch of…

• Nigerian NNPC Calls Tender To Import Petroleum Products

  Published 20 January 2017 | viewed 9,230 times

  The Nigerian National Petroleum Corporation (NNPC) has issued an invitation for bids under the model of direct sale of crude oil and direct purchase of…

• North America Rise Helps Schlumberger Q4 Revenue Top Forecasts

  Published 20 January 2017 | viewed 6,124 times

  Schlumberger (NYSE:SLB) reported on Friday fourth-quarter revenues slightly beating analyst estimates, after revenue in North America increased by 4 percent sequentially and international revenue ticked…

• Trump’s Advisers Draft First-Day Energy Policy Changes

  Published 20 January 2017 | viewed 12,767 times

  Aides to Donald Trump have drafted a list of environmental policy and energy-related changes that he could sign within hours after he is sworn in…

• Brazil To Hold First Subsalt Oil Auctions Since 2013

  Published 20 January 2017 | viewed 5,525 times

  Brazil will hold two tenders for subsalt oil exploration this year in the first auctions of such offshore layers since 2013, Brazil’s oil secretary Marcio…

• Saudi Crude Oil Exports Jump To 8.258 Million Bpd In November

  Published 19 January 2017 | viewed 11,454 times

  Saudi Arabia’s crude oil exports jumped to 8.258 million bpd in November 2016 from 7.636 million bpd in October, according to data by the Joint…

• Efficiency Gains See Norway Increase Oil Production In 2016

  Published 19 January 2017 | viewed 8,168 times

  The oil price crash has been a tough ride for all producers, especially those working in higher-cost areas such as the Norwegian Continental Shelf. Although…

• OPEC Head: Oil Inventories Already Dropping From High Levels

  Published 19 January 2017 | viewed 11,615 times

  Global oil stocks have already started falling, but they need to drop by another 270 million barrels so that OPEC can say that the oil…

• Economy Minister: Russia Adapted To Low Oil Prices, Sanctions

  Published 19 January 2017 | viewed 8,291 times

  With oil at $40 per barrel, last year Russia had a current account surplus and a small budget deficit, which points to the fact that…

• Iraq’s Oil Exports From South Drop After OPEC Deal Began

  Published 18 January 2017 | viewed 4,822 times

  Iraq’s oil exports are back in the spotlight with shipments so far in January suggesting that exports from the southern ports have dropped—a sign that…

• UAE’s Fujairah Zone Starts Publishing Weekly Oil Inventory Data

  Published 18 January 2017 | viewed 6,741 times

  In a bid to become one of the leading global energy trading hubs, Fujairah Oil Industry Zone in the United Arab Emirates launched on Wednesday…

• Russia Boosts Domestic Oil, Gas Pipeline Capacity

  Published 18 January 2017 | viewed 11,906 times

  Russia increased its domestic pipeline capacity by launching a gas pipeline and two oil pipelines on Wednesday. Gazprom’s Bovanenkovo-Ukhta 2 gas pipeline has the capacity…

• Indonesia’s Pertamina To Invest $54B In Upstream By 2025

  Published 17 January 2017 | viewed 7,869 times

  Indonesia’s state-held energy company Pertamina plans to invest US$54 billion in upstream production by 2025, with the purpose to raise its oil, gas and geothermal…

• Airbus To Test Flying Car Prototype By End-2017

  Published 17 January 2017 | viewed 6,642 times

  Airbus expects to test by the end of the year a prototype of an autonomous flying car that could potentially help ease city traffic at…

• $25 Trillion Investment Needed To Meet Future Oil Demand

  Published 17 January 2017 | viewed 27,581 times

  The world needs to invest US$25 trillion in new oil-producing capacity over the next 25 years to meet growing demand, Saudi Aramco’s chief executive Amin…