Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Strong global economic growth and Saudi Arabia bringing a risk premium to oil prices could send Brent oil prices surging to $80 next year, more…
Chinese oil corporation CNPC has shown interest in developing the giant Majnoon oil field in Iraq, Reuters reported on Monday, citing two Iraqi oil officials,…
This time last year, Iraq was asking OPEC to be exempt from the oil production cuts because it desperately needed revenues to fund the fight…
During President Trump’s visit to China, the U.S. signed US$250 billion worth of potential trade and investment deals that would boost American exports to China…
Saudi Arabia and Russia have agreed that OPEC and non-OPEC allies should announce an extension of the cuts at the highly-anticipated meeting in Vienna on…
Germany’s chemicals company BASF said on Friday that it was in talks to potentially merge its oil and gas business, Wintershall Group, with the oil…
Clearing the way for its plans for mega-mergers among state-held oil and gas companies, India is now exempting such mergers and acquisitions deals from seeking…
Turkey aims to have $5 billion in wind energy investments by the end of this year, with the awarding of additional wind capacity tenders, the…
U.S. oilfield services group Weatherford International has hired advisors, including Morgan Stanley, to help it sell some of its units beginning early next year, in…
Russia’s government approved on Thursday a plan to introduce a profit-based tax on the oil industry, expected to come into force on January 1, 2019,…
Oil product shipments at some refineries in France owned by ExxonMobil and Total SA were disrupted on Thursday as French labor union CGT is staging…
Kurdistan’s crude oil exports increased in the past couple of days, but oil flows are still well below the levels seen before the independence referendum…
The OPEC/non-OPEC production cuts hurt Russia’s economic growth in October, Economy Minister Maxim Oreshkin said on Thursday in the first negative comment about the pact…
The current rise in oil prices is more of a fear trade right now, driven by fear of what is going on in the Middle…
The UK government will introduce tax changes from November 2018 to encourage new entrants and fresh investments into the mature fields of the UK Continental…
Last week the world’s biggest sovereign wealth fund—Norway’s $1-trillion oil fund—proposed to ditch $35 billion worth of oil and gas stocks, sending shockwaves through the…
In a bid to reduce gas flaring and pay off outstanding reparations for the 1990 invasion of Kuwait, Iraq has hired Japanese firm Toyo Engineering…
Commodity trader Trafigura raised the share of direct oil purchases from national oil companies in its total trade, while the value of its direct deals…
Germany’s energy group Uniper has rejected a $9-billion takeover offer from Finnish energy firm Fortum because the offer price doesn’t reflect the German company’s true…
While OPEC is said to be mostly leaning toward a 9-month extension of the production cuts, Russia’s Energy Minister Alexander Novak and major Russian oil…