Irina Slav

Latest articles from Irina

• Saudi Arabia Looks To Profit From The U.S. Shale Boom

  Published 22 February 2018 | viewed 14,941 times

  Saudi Arabia’s Aramco has considered the possibility of shipping U.S. crude via its Motiva unit to Asia, a source in the know has told Bloomberg.…

• Oil Prices Rise After EIA Reports Crude Draw

  Published 22 February 2018 | viewed 30,556 times

  After a surprise crude oil inventory draw reported by the American Petroleum Institute, the Energy Information Administration strengthened the good mood by confirming the draw,…

• Libya’s El Feel Oilfield Evacuated After Shutdown Threats

  Published 22 February 2018 | viewed 7,105 times

  Libya’s National Oil Corporation has evacuated its workers from the El Feel, or Elephant, oil field amid threats from the field’s guards who are locked…

• Saudis Ready To Swing Oil Market Into Deficit

  Published 21 February 2018 | viewed 34,235 times

  Saudi Arabia is undergoing a truly seismic shift in its economy, politics, and society, all thanks to the oil price crash of 2014. Crown Prince…

• Swiss Watchdog Probes Banks In PDVSA Graft Case

  Published 21 February 2018 | viewed 3,490 times

  Switzerland’s financial markets authority FINMA is probing several local banks as part of a widening net seeking to catch participants in a graft scheme involving…

• Washington May Extend Nuclear Reactors Life By 20 Years

  Published 21 February 2018 | viewed 4,883 times

  The Department of Energy is studying ways to extend the productive life of nuclear reactors as per the request of several nuclear utilities, a source…

• Venezuela Rakes In $735 Million From El Petro Proceeds

  Published 21 February 2018 | viewed 18,902 times

  Venezuela said it had generated US$735 million from the pre-sale of its cryptocurrency backed by crude oil. President Nicolas Maduro saw cryptocurrency sales as a…

• BP’s Dudley Says Race Is On To Lower Emissions

  Published 20 February 2018 | viewed 5,138 times

  The energy industry is racing to reduce emissions from fossil fuels and that trumps the evolution of renewable energy. That’s what BP’s chief executive Robert…

• Exxon, Total Look To Double Capacity At Shared LNG Project

  Published 20 February 2018 | viewed 5,694 times

  Exxon and Total have agreed to double the export capacity of their LNG project in Papua New Guinea, Oil Search, which is a minority partner…

• Payment Delays Could Jeopardize Libya’s Oil Production

  Published 20 February 2018 | viewed 9,411 times

  Delays in budget payments to the National Oil Corporation of Libya could threaten the country’s oil production, NOC’s chairman Mustafa Sanalla said in a statement.…

• Canada’s Oil Crisis Continues To Worsen

  Published 19 February 2018 | viewed 56,015 times

  Canadian oil producers can’t get a break. First it was the pipelines — there are not enough of them to carry the crude from Alberta’s…

• Saudis Advance Nuclear Power Plans

  Published 19 February 2018 | viewed 19,824 times

  Saudi Arabia is in talks with 10 countries that could help it advance its ambitious nuclear power plans should the United States refuse to do…

• EU Ready To Consider Iran Joining Southern Gas Corridor

  Published 19 February 2018 | viewed 7,579 times

  The European Union is ready to start negotiating Iran’s participation in the Southern Gas Corridor project, the EU’s Vice President for Energy Union Maros Sefcovic…

• Mexico Joins The IEA

  Published 19 February 2018 | viewed 6,502 times

  Mexico has become the 30th member of the International Energy Agency, the latter announced, welcoming its first Latin American member as part of an open-doors…

• Will China Repeat Last Year’s LNG Import Surge?

  Published 18 February 2018 | viewed 8,609 times

  Ever since China overtook South Korea as the world’s second-largest importer of LNG last year, traders have been keeping a very close eye on any…

• Enbridge Eyes $6.4 Billion In Asset Sale Income

  Published 16 February 2018 | viewed 8,626 times

  Enbridge plans to divest assets worth US$6.4 billion (C$8 billion) this year, which is more than double the company’s initial divestment plan for the period,…

• Russia May Feel Pinch From Oil Cut Deal This Year

  Published 16 February 2018 | viewed 26,133 times

  Russia’s economy may come to feel a negative impact from the OPEC-led oil production cut deal, the central bank warned, adding that it expected GDP…

• Kinder Morgan Gets Green Light On Part Of Trans Mountain Pipeline

  Published 16 February 2018 | viewed 8,852 times

  Canada’s National Energy Board has given Kinder Morgan the go-ahead to start construction work on a tunnel entrance in British Columbia’s Burnaby Mountain that will…

• Chinese Oil Demand Growth To Slow Down This Year

  Published 15 February 2018 | viewed 11,831 times

  China’s crude oil demand growth could slow down this year to 4.2 percent from 2017, versus 5.5 percent last year, S&P Platts analysts have estimated.…

• Big Batteries Are Becoming Much Cheaper

  Published 15 February 2018 | viewed 14,698 times

  Huge battery arrays are undermining peakers—the gas-fired power plants deployed during peak demand—and could in the future completely change the face of the power market.…