Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
The North Sea Transition Authority (NSTA), the oil and gas industry regulator, awarded on Monday 27 new licenses in the first batch of the latest…
Saudi Aramco is expected to keep the price of its flagship crude grade for shipping to Asia in December unchanged from November’s pricing in view…
Oil production in the Bakken shale play is set to increase after Chevron’s acquisition of Hess, although volumes are unlikely to hit the records seen…
ExxonMobil and Chevron have just announced mega acquisition deals to buy U.S. firms, which will boost the footprint of the U.S. oil supermajors in their…
Some of the world's largest national oil companies (NOCs) have improved significantly their resilience to oil price slumps in the near future thanks to huge…
Record refinery throughput and higher oil prices raised ExxonMobil’s (NYSE: XOM) earnings for the third quarter compared to the second quarter, but the profit missed…
Chevron Corporation (NYSE: CVX) reported on Friday lower-than-expected earnings for the third quarter, as international downstream weakness and maintenance at both the upstream and downstream…
Mining billionaire Gina Rinehart has amassed a 19% stake in Australian lithium producer Azure Minerals, building a large interest in a second lithium player in…
Italy’s energy major Eni (NYSE: E) booked an adjusted net profit for the third quarter that beat consensus estimates as strong upstream performance partly offset…
French energy major TotalEnergies (NYSE: TTE) reported on Thursday a third-quarter net income above expectations, thanks to higher oil prices and stronger refining margins in…
Valero Energy (NYSE: VLO), the second largest U.S. refiner by capacity, reported on Thursday higher-than-expected profits for the third quarter of 2023, amid continued strong…
China Petroleum & Chemical Corporation, or Sinopec, said on Thursday that it booked an increase of 34% in its net profit for the third quarter…
Access to financing has become more complicated for oil refiners as banks are increasingly looking to reduce their exposure to fossil fuel projects, according to…
No other large energy-consuming country has such an outsized impact on both fossil fuels and renewables consumption than China. Its economic growth and infrastructure build-out…
Ukraine is ready to allow non-resident traders to use up to half of its natural gas storage capacity, the country’s Prime Minister Denys Shmyhal told…
Global energy and fossil fuel consumption is set to defy wars and high prices and hit a record high level in 2024, led by strong…
Hess Corporation reported on Wednesday earnings for the third quarter that beat analyst estimates, after announcing earlier this week it had agreed to be acquired…
The European Union’s plans to include natural gas pipeline projects that could be converted to carry hydrogen in the EU’s multi-billion-euro program for subsidies to…
China’s state-held oil and gas giant CNOOC Ltd raised its capital expenditure budget for this year to a record high to support growth in its…
Most Canadians oppose the federal government writing down billions of dollars from the debt of Trans Mountain Corporation, the company building the expansion of the…