Irina Slav

Latest articles from Irina

• New Report Estimates A $110 Trillion Price Tag For Net Zero Emissions

  Published 21 March 2023 | viewed 588 times

  Global investments in the energy transition would need to increase to $3.5 trillion per year if the world is to become a net-zero place by…

• Goldman Sachs No Longer Sees $100 Oil In 2023

  Published 20 March 2023 | viewed 14,720 times

  Last week, oil prices booked their worst week since the start of the year, dropping off a cliff on renewed fears about the global economy…

• OPEC Secretary General Calls For Coordination Between Oil Exporting Countries

  Published 20 March 2023 | viewed 5,970 times

  OPEC’s Secretary General Haitham Al Ghais and Iraq’s Prime Minister met over the weekend and called for coordinated action among oil exporters globally in order…

• Oil Prices Continue To Fall Despite Central Bank Action

  Published 20 March 2023 | viewed 18,682 times

  Crude oil prices began yet another week with a loss despite strong signals that central banks are stepping in to help troubled lenders in the…

• Are Oil Stocks Too Good For ESG Investors To Pass Up?

  Published 18 March 2023 | viewed 5,878 times

  “We know that the transition will not be a straight line. Different countries and industries will move at different speeds, and oil and gas will…

• The Worst Week Of The Year So Far For Oil Prices

  Published 17 March 2023 | viewed 9,797 times

  Crude oil prices are about to end their worst week since the start of the year as news from the banking industry ignited fears of…

• The Biden Administration Is In No Rush To Refill The SPR

  Published 17 March 2023 | viewed 4,983 times

  The Biden administration will not rush into refilling the strategic petroleum reserve but rather take things one day at a time, the White House’s Special…

• New Global Crude Flows Make UAE A More Powerful Oil Trading Hub

  Published 16 March 2023 | viewed 3,305 times

  In 2021, India's refining giant Reliance Industries announced plans to move most of its oil-trading staff from Mumbai to Dubai. In 2022, Swiss-based Litasco, the…

• Oil Prices Begin To Bounce Back Following Dramatic Drop

  Published 16 March 2023 | viewed 17,446 times

  Crude oil prices were on the rise Thursday after booking substantial losses earlier in the week following two bank collapses in the United States that…

• Berkshire Hathaway Boosts Its Stake In Occidental Petroleum To Over 23%

  Published 16 March 2023 | viewed 6,906 times

  Berkshire Hathaway, the investment vehicle of Warren Buffett, has bought another batch of shares in Occidental Petroleum, pushing its total stake to 23.1 percent. Citing…

• America’s LNG Boom Has Grown Too Big Too Fast

  Published 15 March 2023 | viewed 8,555 times

  Last year, the United States leapfrogged Qatar and Australia to become the world's largest exporter of liquefied natural gas. This was made possible thanks to…

• Oil Falls Despite Large Draws In Fuel Inventories

  Published 15 March 2023 | viewed 20,252 times

  Crude oil prices moved lower today after the U.S. Energy Information Administration reported an inventory build of 1.6 million barrels for the week to March…

• Saudi Arabia’s Energy Minister Slams NOPEC Bill And Price Caps

  Published 15 March 2023 | viewed 4,058 times

  The NOPEC bill, which was recently reintroduced in Congress by a group of legislators, and price caps on oil will only serve to increase instability…

• Oil Nosedives After SVB Collapse

  Published 14 March 2023 | viewed 11,506 times

  Last Friday, the banking regulator of California shut down Silicon Valley Bank and appointed the Federal Deposit Insurance Corporation as receiver of its assets. The…

• EU To Overhaul Electricity Market To Encourage More Renewables

  Published 14 March 2023 | viewed 2,197 times

  The European Union will overhaul its electricity market in a way that encourages the development of more wind and solar installations and discourages more fossil…

• Biden Expected To Greenlight Alaska Oil Project

  Published 13 March 2023 | viewed 1,826 times

  The Biden administration is set to give its final approval to the Willow oil project in Alaska but will also announce drilling limitations by curbing…

• Saudi Aramco Reports Record Profits In 2022

  Published 13 March 2023 | viewed 1,665 times

  Saudi Aramco reported a net profit of $161.1 billion for 2022, up from $110 billion a year earlier and a record net earnings result for…

• Big Oil Is Flush With Cash, But Doesn’t Know Where To Spend it

  Published 12 March 2023 | viewed 7,684 times

  Exxon is considering a change of strategy for Europe because of the windfall taxes governments are using to get some of the money Big Oil…

• U.S. Recession Fears Put Oil Prices On Course For Significant Weekly Drop

  Published 10 March 2023 | viewed 9,943 times

  Fears of a slowdown in the U.S. economy have pressured crude oil prices, setting them for what could end up being their worst weekly performance…

• Pioneer CEO: The Shale Boom Is Over

  Published 09 March 2023 | viewed 21,669 times

  Earlier this month, the Energy Information Administration forecasted that oil production in the United States would grow by 590,000 bpd to a total of 12.44…