Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
The U.S. benchmark oil price rose on Monday evening and early on Tuesday to above $80 per barrel after China announced on Monday a major…
Japanese firms have signed new long-term agreements to buy LNG from the United States and Oman as Japan looks to cater for its energy security…
Europe will find it difficult to replace Russian crude oil and product supply once the full effect of the EU embargoes on Russian petroleum products…
TC Energy, the operator of the Keystone Pipeline, has received approval from the U.S. Pipeline and Hazardous Materials Safety Administration (PHMSA) for its plan to…
The 312,500-barrels-per day (bpd) Deek Park refinery in Texas, operated by Pemex, was idled late last week due to the severe Winter Storm Elliott and…
Russia’s state nuclear energy company Rosatom expects its exports to have increased by 15% this year, chief executive Alexey Likhachev was quoted as saying by…
As banks have pulled back from funding oil and gas operations and other traditional sources of financing such as equity investment or reserve-based lending (RBL)…
After months of negotiations, the EU finally agreed on Monday to set a price cap on natural gas to protect consumers from excessive price spikes…
Recession fears have left oil prices lingering at a one-year-low with slim trades ahead of the holidays, but the upside momentum for oil prices next…
Politicizing statistics and forecasts and using them to discredit OPEC and the OPEC+ group’s oil production decisions sows confusion on the market and leads to…
The UK’s public sector had to borrow $26.6 billion (£22.0 billion) in November, more than double compared to the same month last year and the…
China’s imports of oil, pipeline gas, LNG, and coal from Russia have hit a total of $68 billion since the Russian invasion of Ukraine, up…
The EU’s price cap on natural gas is an untested tool that may not work as intended to prevent gas price spikes for European households…
Norwegian production of crude oil and natural gas was below government forecasts in November, according to preliminary data from the local regulator published on Tuesday.…
Europe’s biggest economy, Germany, has seen the share of Russian gas in its gas mix drop to some 20% this year from 55% last year,…
Independent Chinese refiners have seen their refining margins jump in recent weeks as they are able to negotiate steeper discounts for their preferred Russian crude…
Asian LNG importers are rejoicing at the EU decision to cap natural gas prices. The price cap could limit volatility and excessive price spikes on…
The energy ministers of the European Union are discussing on Monday a new compromise proposal to cap the price of natural gas in the latest…
Just as nuclear power supply managed to avoid a strain on the French grid in the Arctic weather last week, energy giant EDF dampened hopes…
Europe’s rush to replace Russian gas and an expected years-long bull market for LNG supply and prices have also created a race for LNG carrier…