Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
ONEOK will buy Magellan Midstream Partners in a cash-and-stock deal valued at $18.8 billion, creating a combined U.S. oil and gas pipeline giant with a…
European oil supermajors have been raking in strong earnings from their trading divisions in recent years amid volatile commodity prices. Yet, Big Oil hasn’t been…
Houston is attracting crude flows via pipelines again as record-high U.S. oil exports have resulted in a surge in pipeline utilization to the top-exporting hub…
Tesla will recall more than 1.1 million of its electric vehicles sold in China, both domestically produced and imported into China, due to potential safety…
The U.S. Administration could begin crude oil repurchases to fill the Strategic Petroleum Reserve as early as in June, after a Congressionally-mandated sale from the…
Early on Friday, oil prices extended the losses of the previous two days as concerns about the Chinese and U.S. economies continue to weigh on…
The world’s top crude oil exporter, Saudi Aramco, is betting big on natural gas to reduce dependence on oil for power generation and free up…
Russian Deputy Energy Minister Pavel Sorokin sought to convince Western analysts that Russia is indeed reducing its oil production by 500,000 barrels per day as…
China has issued 9 million tons of export quotas for refined products, mostly to state-held giant refiners, cutting the allocations in the second batch this…
France’s biggest bank, BNP Paribas, said on Thursday that it would no longer provide any financing for the development of new oil and gas fields…
Major oil and gas operators in Canada’s energy-producing province of Alberta have restarted part of the production and processing facilities that were shut during the…
Money managers fled the oil market in the week to May 2, reversing two weeks of buying petroleum futures and contracts spurred by the new…
Russian pipeline monopoly operator Transneft said on Wednesday that there was an attempt at a “terrorist attack” on a filling station of the Druzhba oil…
Africa will need financing of around $700 billion in the next decade to expand green energy development and the mining of key energy transition metals…
Cash-strapped Pakistan hopes it can pay for future Russian crude oil deliveries in Chinese yuan, Pakistani Minister of Power, Khurram Dastgir Khan, told Bloomberg in…
The energy crisis is not over yet, and the situation with energy supply in Europe could deteriorate later this year, one of Germany’s top utility…
Despite oil’s most recent slump to a 15-month low last week, analysts and investment banks continue to expect higher prices at the end of this…
Australia's government is allocating $1.35 billion (AUS$2 billion) in the 2023- 24 budget to accelerate large-scale renewable hydrogen projects, aiming to become a world leader…
Ford is launching a three-year hydrogen fuel cell trial to see if a hydrogen-powered version of its E-Transit van can work, the carmaker said on…
Saudi oil giant Aramco on Tuesday reported a first-quarter net income of $31.9 billion, down by 19% from the first quarter of 2022 as macroeconomic…