Articles by Tsvetana Paraskova

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Footing The $9 Trillion Renewable Bill

As the world is growing increasingly conscious of the need to invest in cleaner and more sustainable energy to limit the impact of global warming, it’s no secret that a faster and universal renewable energy transition will require trillions of dollars …


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Norway Allows Eni To Restart Goliat Oil Field In Barents Sea

Norway’s Petroleum Safety Authority said on Friday that it had determined that the order that had required a shutdown of the Goliat oil field in the Barents Sea has been complied with and the field’s operator Eni can bring the field back on stream. Eni…


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Venezuelan Crude Exports To U.S. Fall To 15-year Lows

Venezuelan crude exports to the U.S. fell last month to their lowest levels since January 2003, according to new Reuters data. Sanctions and low production caused the decline in November. The last time levels were this low, an industry strike had shut …



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Oil Prices Rise On Solid Chinese Demand

Oil prices rose on Friday morning after Chinese data showed that China’s crude oil imports rose to the second-highest on record in November, and after U.S. total non-farm payroll employment increased last month. At 10:39a.m. EST on Friday, WTI Crude wa…


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Mexico Blames Brazil For Failing Auction

The state-run oil company PEMEX blamed the failure of a recent deep-water Gulf of Mexico auction in the on competition from ongoing tenders in Brazil, according to a new report from Reuters. Weak investor appetite for Mexico’s blocks was also due to lo…


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Kinder Morgan Wins Appeal To Start Trans Mountain Work

Canada’s National Energy Board (NEB) on Thursday ruled in favor of Kinder Morgan, saying the company is not required to comply with two sections of the City of Burnaby’s bylaws as it prepares to begin construction of the Trans Mountain Expansion Projec…


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Kinder Morgan Wins Appeal To Start Trans Mountain Work

Canada’s National Energy Board (NEB) on Thursday ruled in favor of Kinder Morgan, saying the company is not required to comply with two sections of the City of Burnaby’s bylaws as it prepares to begin construction of the Trans Mountain Expansion Projec…


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Norway Allows Eni To Restart Goliat Oil Field In Barents Sea

Norway’s Petroleum Safety Authority said on Friday that it had determined that the order that had required a shutdown of the Goliat oil field in the Barents Sea has been complied with and the field’s operator Eni can bring the field back on stream. Eni…