Irina Slav

Latest articles from Irina

• Switching From Coal To Solar Could Save 50,000 Lives

  Published 19 June 2017 | viewed 16,081 times

  Replacing coal-fired power plants with solar power installations could save as many as 51,999 lives every year, a study from the Michigan Technological University has…

• Libya Oil Output Hits 885,000 Bpd

  Published 19 June 2017 | viewed 10,919 times

  Libya is producing 885,000 barrels of crude oil daily after last week it reached an agreement with German Wintershall that will see the latter restart…

• Rosneft Strikes First Oil In Eastern Arctic

  Published 19 June 2017 | viewed 16,210 times

  Russia’s Rosneft announced its first crude oil finds in the Eastern Arctic, in the Laptev Sea. The company did not detail any reserve estimates for the…

• Shale-Related Seismic Activity Rises In Texas, Report

  Published 19 June 2017 | viewed 6,624 times

  Oklahoma is the state that springs to mind whenever earthquakes and oil are mentioned in the same sentence, but a fresh report from the Academy of…

• Oil Sands Output Growth Second Only To Shale

  Published 18 June 2017 | viewed 26,076 times

  Canada’s Mordor, as environmentalists like to call the oil sands, is notorious for how “dirty” oil extraction is there. It’s also notorious for how expensive…

• PetroChina Cuts Fuel Oil Floating Storage

  Published 16 June 2017 | viewed 10,833 times

  PetroChina and trader Mercuria have sold off half of the fuel oil they had in floating storage off the coasts of Singapore and Malaysia on…

• Medallion Midstream Expands Permian Pipeline Capacity

  Published 16 June 2017 | viewed 7,517 times

  Medallion Midstream has announced the end of its binding open season for commitments from crude oil shippers for two extensions in its Wolfcamp pipeline system…

• Are Hedge Funds Growing Weary Of The Permian?

  Published 16 June 2017 | viewed 14,051 times

  Eight hedge funds have pulled out more than US$400 million in positions in ten big shale oil and gas companies active in the Permian, Reuters…

• Iraq Dethrones Saudi Arabia As India’s No.1 Oil Supplier

  Published 15 June 2017 | viewed 24,410 times

  Iraq has been India’s largest supplier of crude oil for the last three months, shipping data from Bloomberg has revealed. This means that OPEC’s number-two…

• 195,700 Acres In Nevada For Auctioned Oil Projects

  Published 15 June 2017 | viewed 8,081 times

  The Bureau of Land Management (BLM) has put up for lease 195,732 acres of public land in Nevada for oil and gas development, sparking anger…

• Traders Ditch Gasoline Futures, Prices Drop

  Published 15 June 2017 | viewed 6,292 times

  After the Energy Information Administration reported a surprising 2.1-million-barrel build in gasoline inventories for the week to June 9, traders rushed to offload their bets on…

• DAPL Shutdown To Be Considered After New Assessment: Federal Judge

  Published 15 June 2017 | viewed 12,032 times

  The controversy surrounding the Dakota Access oil pipeline is not over, after a federal judge yesterday ordered the U.S. Army Corps of Engineers to redo its…

• The Fourth Industrial Revolution Is Fueled By Oil

  Published 14 June 2017 | viewed 30,272 times

  Artificial intelligence is already here, with algorithms replacing traders on Wall Street and tanker watchers in ports. Robots are here, too, drilling wells and cleaning…

• Analysts: Much Deeper OPEC Cuts Are Needed

  Published 14 June 2017 | viewed 14,273 times

  The International Energy Agency had a nasty surprise for OPEC and its partners in the oil output cut agreement today. According to the authority, non-OPEC…

• Minor Crude Inventory Draw Gives Bulls Glimmer Of Hope

  Published 14 June 2017 | viewed 14,403 times

  Today, the Energy Information Administration gave oil bulls a glimmer of hope by reporting a draw in inventories of 1.7 million barrels for the week…

• Tillerson Seeks To Turn Oil Tap Off For North Korea

  Published 14 June 2017 | viewed 12,728 times

  The U.S. will focus its efforts on shutting off North Korea’s access to crude oil, Secretary of State Rex Tillerson said yesterday at a Senate Foreign…

• North American Pipeline Capacity Crisis Looms Large

  Published 13 June 2017 | viewed 22,904 times

  Canada’s problem with its oil pipeline capacity is becoming increasingly serious as opposition to new pipelines is growing in intensity. The situation will only worsen…

• Nigeria Oil Minister Warns OPEC Won’t Play Price Regulator Forever

  Published 13 June 2017 | viewed 7,210 times

  In the latest sign that OPEC is becoming increasingly nervous about the absent success of its oil production cut deal, Nigeria’s Petroleum Minister Emmanuel Ibe…

• Kazakhstan Rejects Report About Further Oil Output Cut

  Published 13 June 2017 | viewed 8,814 times

  Kazakhstan has no plans to cut its crude oil production further, rejecting a report from Russia’s TASS agency that the Central Asian country was ready…

• GE, Baker Hughes Get Green Light for Merger

  Published 13 June 2017 | viewed 17,389 times

  The Department of Justice (DOJ) has given the go-ahead to a proposed merger between GE’s oil and gas business division and Baker Hughes that will create…