Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
China has approved the merger between its biggest coal producer Shenhua Group Corp, and one of the top five state power companies, China Guodian Corp,…
The Abu Dhabi National Oil Company (ADNOC), the state-held oil company of the United Arab Emirates (UAE), will cut by 10 percent its October crude…
Aviation is one of the very few industries that has collectively committed to long-term global targets to cut emissions. The industry uses several types of…
Due to the new U.S. sanctions on Russia, Italian bank Intesa Sanpaolo has hit a snag in its plans to syndicate a US$6.13 billion (5.2…
Buyers do not support Iraq’s plan to change the way it prices its Basra crude for the Asian markets, because longer lead times between pricing…
While the latest round of U.S. sanctions on North Korea’s oil trade is likely to stop major companies from trading due to reputational risks, it…
Oil prices rose early on Friday and gasoline futures rallied to a four-month high as Hurricane Harvey makes its way toward Texas and is expected…
China’s biggest oil and gas producer, state-held PetroChina, said on Thursday that it would be paying its entire first-half net profit in interim dividends to…
Since many of the Western sanctions on Iran were lifted early last year, Tehran has been trying to restore its crude oil exports to a…
Royal Dutch Shell plans to double the number of its retail gas stations in Russia from the current 227, Sergey Starodubtsev, the chief executive of…
The oil market is moving in the right direction towards rebalancing, but all options, including extending the cuts beyond March 2018, are left open, the…
Oil-rich Angola’s incumbent ruling party is claiming victory in yesterday’s critical elections to replace President Jose Eduardo dos Santos after nearly four decades of rule.…
A Tesla Model X beat a Lamborghini Aventador SV in a quarter-mile drag race this weekend, setting a world record for the fastest production SUV. Tesla Model…
The government of Cambodia signed on Wednesday an agreement with Singapore-listed KrisEnergy Ltd to develop Cambodia’s first oil field that is expected to produce the…
Russia continued to be China’s biggest crude oil supplier in July for a fifth consecutive month, while Chinese refineries have been taking in more Brent-price-linked…
Since a pro-oil administration entered the White House, the oil industry lobby has praised the ‘America-First’ energy strategy, while proponents of cleaner energy have been…
Foreign investors have filed proposals for a combined US$3.6 billion to develop renewable energy projects in oil and gas rich Iran, which has set an…
The Dutch unit of ExxonMobil said on Monday that a fire broke out at its Rotterdam refinery, just as Shell is working to bring back…
Iraqi military forces on Tuesday retook two villages and an oil refinery on the outskirts of Tal Afar in northwestern Iraq, according to media reports.…
While the oil market is focused on the U.S. inventory draws and crude oil production, OPEC is not letting investors forget the cartel’s jawboning weapon—the…