Irina Slav

Latest articles from Irina

• Russia To Help Build 2 Nuclear Power Plants In Iran

  Published 19 April 2017 | viewed 9,193 times

  Russian experts will help the Atomic Energy Organization of Iran build two 1,000-MW nuclear power plants, Iran’s Energy Minister told media. Construction will start soon, Hamid…

• Shell Opens Vaca Muerta Oil, Gas Treatment Plant

  Published 19 April 2017 | viewed 8,779 times

  Shell yesterday cut the ribbon on a 10,000-bpd oil and gas treatment plant in its acreage in the Vaca Muerta shale formation in Argentina. The…

• Drillers Remain Cautious Despite Shale Success

  Published 19 April 2017 | viewed 11,288 times

  February marked the first month since mid-2014 when oil and gas activity in the Permian increased on an annual basis, the latest Texas Permian Basin…

• Oil Markets React Stoically To Crude Inventory Draw

  Published 19 April 2017 | viewed 22,798 times

  Amid rising optimism about where oil prices are going, the EIA reported a 1-million-barrel draw in crude oil inventories for the week to April 14,…

• BP And Monroe Energy Lock Horns Over Oil Supply Contract

  Published 18 April 2017 | viewed 9,006 times

  BP has filed a lawsuit against Monroe Energy in a federal court, claiming the refiner wrongfully terminated a contract last year. This has become the…

• China Reports 50% Jump In March Shale Gas Production

  Published 18 April 2017 | viewed 13,607 times

  China reported a 50.4-percent annual increase in its shale gas output for March, to 1.15 billion cu m, with overall gas output rising to 13.6…

• $2.5 Billion Petrobras, Statoil Deal Halted By Courts

  Published 18 April 2017 | viewed 7,090 times

  A Brazilian court has suspended the $2.5-billion sale of Petrobras’ stake in the giant Carcara field to Norwegian Statoil after the National Federation of Oil Workers…

• How Far Will OPEC Go For $60 Oil?

  Published 17 April 2017 | viewed 35,824 times

  Back in February sources from OPEC told media that Saudi Arabia is aiming for oil prices of $60 as the optimal price to encourage fresh investments…

• India Plans $5.4-Billion Stake Sales In State-Owned Businesses

  Published 17 April 2017 | viewed 4,374 times

  The Indian government has announced plans for stake sales in seven companies seeking proceeds of $5.4 billion in a bid to plug a budget hole opened…

• Reeling From Low Oil Prices, Saudis Look To Freeze Megaprojects

  Published 17 April 2017 | viewed 25,274 times

  Saudi Arabia will start reviewing a number of multi-billion-dollar infrastructure and development project—remnants from a better past when crude oil prices were in three-digit territory.…

• BP Well In Alaska Spews Oil, Gas

  Published 17 April 2017 | viewed 13,125 times

  Just when it was starting to recover from the Deepwater Horizon fallout, BP has had to report another accident, though much smaller in scale: a…

• Iran Launches New Development Phase For South Pars

  Published 17 April 2017 | viewed 5,561 times

  Iran’s President Hassan Rouhani announced the start of phases 17-21 at its giant offshore South Pars gas field—a development stage worth $20 billion. Rouhani told…

• Iran Ready To Join OPEC’s Production Cut Extension

  Published 17 April 2017 | viewed 25,418 times

  Iran, which has been exempted from the OPEC oil production cut agreement closed last November, is now ready to join the initiative as long as…

• Big Oil Is Set To Disappoint Again With Q1 Results

  Published 16 April 2017 | viewed 12,066 times

  Oil majors will start reporting financial results for the first quarter later this month, prompting the usual flurry of analyst predictions, where some are very…

• North Sea Oil Output Set For Decline

  Published 14 April 2017 | viewed 19,433 times

  North Sea crude oil and condensate production will decline by 40,000 bpd next year as fewer new projects come online, according to research from ESAI…

• Dakota Access To Start Carrying Crude Oil Across State Lines In May

  Published 14 April 2017 | viewed 8,545 times

  Energy Transfer Partners’ $3.8-billion Dakota Access pipeline will begin carrying crude oil from the Bakken play to Illinois on May 14, the company said in a…

• Petrobras Reports 2.74M Bpd Daily Output For March

  Published 14 April 2017 | viewed 10,309 times

  Brazil’s state oil major Petrobras announced that its average daily production last month stood at 2.74 million barrels of oil equivalent, a bit lower than…

• North Dakota Oil Output Hits 1 Million Bpd

  Published 14 April 2017 | viewed 9,177 times

  Crude oil production in North Dakota exceeded 1 million barrels daily in February for the first time in three months, but the increase is temporary as…

• Nigeria On Track To Expand Oil Output Further

  Published 14 April 2017 | viewed 7,815 times

  As OPEC discusses a six-month extension of the oil production cut agreement that it struck in November, Nigeria plans to continue ramping up its own…

• Goldman’s $50 Forecast May Prove Bullish

  Published 13 April 2017 | viewed 27,437 times

  Goldman Sachs is standing by its own base oil price scenario of $50 a barrel, anticipating a stable future for the commodity, with price fluctuations…