Tsvetana Paraskova

Latest articles from Tsvetana

• Russia, Yukos Back In Court Over $50 Billion Appeal

  Published 17 January 2017 | viewed 5,833 times

  Former shareholders of the now-defunct oil giant Yukos and Russian government lawyers began procedures on Monday for an appeal over US$50 billion that Moscow and…

• Venezuela To Propose New Deal ‘To Fix’ The Oil Markets

  Published 16 January 2017 | viewed 18,978 times

  Recession-struck Venezuela will send a new proposal to OPEC and non-OPEC producers to try to stabilize crude oil prices, Venezuelan President Nicolas Maduro said on…

• Saudis, Kuwait, Algeria Cut More Than Pledged To OPEC

  Published 16 January 2017 | viewed 13,796 times

  Saudi Arabia, Kuwait and Algeria may have cut their respective production below the levels they had promised in the OPEC deal, because all three are…

• Iran’s Oil, Gas Revenues To Hit $41B In 2016/17

  Published 16 January 2017 | viewed 19,002 times

  Iran’s crude oil and condensate revenues are expected to reach US$41 billion in the country’s current fiscal year ending on 20 March 2017, Oil Minister…

• Oil Prices Slide As Saudis See No Need Of Extending OPEC Deal

  Published 16 January 2017 | viewed 14,575 times

  Oil prices were down early Monday morning after Saudi Arabia signaled that OPEC was unlikely to extend the supply-cut deal beyond June, which sparked off…

• Leaner And Meaner: Oil Majors Capitalize On Higher Crude Prices

  Published 15 January 2017 | viewed 10,566 times

  The recent recovery of oil prices couldn’t have come at a better time for the world’s top oil majors that have ridden the rough oil…

• US Set To Revoke Some Oil-Related Sanctions Against Sudan

  Published 13 January 2017 | viewed 8,966 times

  Outgoing U.S. President Barack Obama issued an executive order on Friday that would lift certain trade and oil-related sanctions against Sudan in six months’ time,…

• Ukraine Pays 20% More For EU Gas Than It Would Have Paid To Russia

  Published 13 January 2017 | viewed 16,028 times

  France’s energy group Engie started direct gas deliveries to Ukraine at the beginning of January, and Kiev is paying 20 percent more for the EU…

• Kashagan Production Ramping Up To 180,000 Bpd

  Published 13 January 2017 | viewed 12,813 times

  North Caspian Operating Company, the joint venture operating Kazakhstan’s giant Kashagan oil and gas project in the Caspian Sea, said on Friday that it is…

• OPEC: 50% Compliance To Output Deal Is ‘Enough’

  Published 13 January 2017 | viewed 12,497 times

  Just two weeks into the OPEC supply-cut deal and a day after Saudi Arabia signaled that it had cut more than pledged, the cartel itself…

• Brazil Sees Up To $1.4B Revenue From Oil, Gas Licensing In 2017

  Published 13 January 2017 | viewed 6,098 times

  Brazil expects to reap up to the equivalent of US$1.4 billion from three oil and gas exploration licensing rounds this year, Brazil’s Energy Minister Fernando…

• Exxon Finds More Oil Offshore Guyana

  Published 12 January 2017 | viewed 12,150 times

  ExxonMobil said on Thursday that it had found high-quality, oil-bearing sandstone reservoirs offshore Guyana in South America, close to its Liza discovery in the area.…

• Oil Discoveries To Rebound From Rock Bottom

  Published 12 January 2017 | viewed 12,652 times

  The tough couple of years that oil companies had to go through with the oil price crash has forced many of them to slash exploration…

• Despite Conflict, Yemen Tries To Win International Oil Firms Back

  Published 12 January 2017 | viewed 10,810 times

  There have been ‘positive indicators’ that international oil companies could resume activities and investments in Yemen, news outlet The New Arab reports, quoting a representative…

• EIA: Brent Prices To Average $53 In 2017

  Published 12 January 2017 | viewed 17,119 times

  As a result of rising oil prices in December, the U.S. Energy Information Administration has increased its forecast for both Brent and WTI crude oil…

• Nigerian Oil Workers Go On Strike, Stop Production At Several Flow Stations

  Published 12 January 2017 | viewed 5,944 times

  Oil workers in Nigeria have stopped crude production at several flow stations owned by state-run company NNPC as labor unions went on strike on Tuesday…

• The Siberian Winter That’s Helping Russia Comply With OPEC Cuts

  Published 11 January 2017 | viewed 8,850 times

  Russia cut 100,000 bpd of its crude oil production as early as in the first few days of the New Year, but it wasn’t the…

• Nigeria To Track Oil Output, Sales To Prevent Theft

  Published 11 January 2017 | viewed 5,568 times

  In a bid to prevent oil thefts and curb revenue losses, Nigeria will start tracking this year the volume of its crude oil output and…

• UAE Oil Minister: Too Early To Say If OPEC Deal Should Be Extended

  Published 11 January 2017 | viewed 10,428 times

  It is still too early to say if the oil supply deal should be extended beyond its original six-month period at the end of the…

• Saudis Cut February Oil Supply To Buyers In India, Southeast Asia

  Published 11 January 2017 | viewed 7,911 times

  Complying with the OPEC deal, Saudi Arabia has cut February term crude oil loadings to some buyers in India and Southeast Asia, but is shipping…