Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Standard Bank Group, the South Africa-based lender with the biggest assets in Africa, says that access to energy in Africa will continue to drive its…
Concerns about the economy and new banking sector jitters have sent oil traders rushing for the exits and cutting their bullish bets on crude oil…
Warren Buffett’s Berkshire Hathaway will not be seeking full control of Occidental Petroleum (NYSE:OXY) despite having amassed a stake of over 23%, the Omaha investor…
After years of delays and massive cost overruns, Nigeria is set to finally see a 650,000 barrels per day (bpd) oil refinery commissioned later this…
Despite another strong set of quarterly profits reported over the past two weeks, the oil and gas sector has underperformed the broader market this year…
Greek shipping tycoons and their tanker companies are moving large volumes of Russian oil and are making a lot of money off these trades, which…
Canada said on Thursday that it had opened an investigation into Imperial Oil Ltd, a unit of U.S. supermajor ExxonMobil, over seepage of oil from…
Europe is betting on hydrogen to cut the use of fossil fuels and achieve climate neutrality by 2050, but the hydrogen industry faces challenges in…
The European Union is keen to attract international natural gas suppliers to offer volumes for sale on the EU’s new joint gas purchase platform to…
A second drone attack in two days caused a fire at the Ilsky oil refinery in the southern Russian region of Krasnodar, Russian news agency…
The value and volume of U.S. upstream oil and gas deals fell in the first quarter of the year as companies focused on mature plays…
U.S. diesel demand and prices have weakened this year as freight and industrial activities have slowed amid higher interest rates and falling consumer demand for…
The biggest crude oil buyers in Asia, China and India, imported lower volumes in April compared to multi-month highs in March, leaving overall Asian crude…
As many as 125 supertankers were traveling to China at the end of April, carrying the biggest volumes of oil to the world’s top crude…
Shell on Thursday became the latest oil major to report first-quarter earnings above expectations and announced additional share repurchases of $4 billion. Shell booked adjusted…
Norway’s energy major Equinor on Thursday reported adjusted earnings for the first quarter that beat the analyst consensus as increased production partly offset a decline…
A commercial oil tanker was seized by Iran in the Strait of Hormuz on Wednesday in the second such merchant vessel seizure by the Islamic…
One of the top U.S. refiners, Phillips 66 (NYSE: PSX), reported higher-than-expected earnings for the first quarter amid solid demand and lower crude oil feedstock.…
Companies operating in the Norwegian Continental Shelf are planning for more drilling in the Arctic areas in the Barents Sea, encouraged by Norway’s government which…
Saudi Arabia needs oil prices at $80.90 per barrel to balance its budget this year, the International Monetary Fund (IMF) said on Wednesday in its…