Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Analysts at UBS warned on Tuesday that OPEC’s crude oil production may fall this month—after having hit an eight-year-high in July—as attacks and growing unrest…
BHP Billiton (NYSE:BHP) reported on Tuesday a massive loss of US$6.385 billion for the fiscal year ended June 30, after multi-billion impairments on U.S. shale…
London-based Premier Oil is close to unveiling a £2.6-billion (around US$3.35 billion) restructuring agreement with lenders as it seeks to avoid defaulting on its loans…
Companies in Oman are dismissing expats, using the collapsing crude oil prices as an excuse, while neglecting to hire locals whom they find lacking in…
The Syrian Army hit on Saturday an ISIS fuel convoy in the southern province of Sweida, destroying most of the oil tankers, Tehran-based Al Alam…
Russia’s Rosneft reported on Thursday a 0.5-percent sequential increase in its oil production in the second quarter, attributing the rise to increased drilling activity. The…
Nigeria’s former minister of aviation, Femi Fani-Kayode, tweeted on Thursday that President Muhammadu Buhari planned to break up Nigeria if oil is found in the…
China’s crude oil production dived 8.1 percent annually in July 2016, reaching the lowest daily output since October 2011, as domestic oil companies cut investments…
The International Energy Agency (IEA) revised down on Thursday its 2017 forecast for world oil demand growth amid a dimmer outlook on the global economy,…
Iraq and oil majors BP (NYSE:BP), Shell (NYSE:RDS.A) and Lukoil have agreed to resume investments in oil fields the foreign groups are developing, which is…
OPEC upgraded on Wednesday its 2016 projections for world oil demand growth to 1.22 million barrels a day (mb/d), up by 30,000 b/d from its…
A group of gunmen blew up a bomb at the Bai Hassan oil field in Iraq’s northern province of Kirkuk on Wednesday, China’s news agency…
For the first time, elite U.S. Special Operations troops are directly helping fighters combat against ISIS in Libya with on-site support, The Washington Post reported…
In the latest deadly attack in the restive Niger Delta, militants have killed three soldiers in an ambush in one of Nigeria’s oil state, Bayelsa,…
A U.S. appeals court blocked on Monday the enforcement of a US$9.5-billion judgment against Chevron Corporation (NYSE:CVX), upholding a lower court ruling that had found…
How do you ride out low oil prices and still pay dividends and CEO salaries? You double down on debt, apparently. All oil majors posted…
China’s crude imports stood at about 7.35 million barrels a day in July, the slowest import trend since January, Bloomberg reported on Monday, citing figures…
Right now Russia sees no grounds for resuming talks to put a freeze on crude production, but is open to join discussions if OPEC members…
An arbitration court has ordered Israeli-held Trans-Asiatic Oil (TAO) to pay US$1.2 billion to Iran for oil that the National Iranian Oil Company (NIOC) had…
Coal miner Peabody Energy Corp, which filed for Chapter 11 bankruptcy protection in April, asked a bankruptcy court on Wednesday to let it pay up…