Irina Slav

Latest articles from Irina

• UAE Oil Major Turns To Hydrogen

  Published 18 January 2021 | viewed 13,303 times

  Adnoc, the Abu Dhabi state oil company, Adu Dhabi Investment Holding, and Mubadala Investment Co., two state investment funds, have teamed up in an Abu…

• Three Energy Tech Trends To Watch This Year

  Published 17 January 2021 | viewed 10,255 times

  Transition will be the word of the year in energy, no doubt. But this transition involves a host of technologies that many believe will help…

• German Tech Giant Places Major Bet On Green Hydrogen

  Published 16 January 2021 | viewed 26,153 times

  Hydrogen is turning into the next media star after solar and wind. In its latest claim to fame, two spinoffs of German tech conglomerate Siemens…

• OPEC Oil Revenues Could Slump To 18-Year Low

  Published 15 January 2021 | viewed 9,421 times

  OPEC’s crude oil export revenues for 2020 could decline to $323 billion, the U.S. Energy Information Administration said in a new report, noting that this…

• U.S. Shale Drillers Begin To Hedge Oil Price Production

  Published 15 January 2021 | viewed 9,649 times

  U.S. shale oil companies are hedging against future price drops as West Texas Intermediate enjoys a rebound above $50 a barrel, Reuters has reported, citing…

• Nigerian Oil Major Focuses On Condensates To Offset OPEC Cuts

  Published 14 January 2021 | viewed 2,725 times

  The Nigerian National Petroleum Corporation has decided to focus its attention on condensates production to compensate for lost revenue from oil exports due to the…

• Shale Giant Chesapeake Emerges From Bankruptcy

  Published 14 January 2021 | viewed 12,553 times

  Chesapeake Energy has emerged from bankruptcy proceedings after a judge approved its Chapter 11 restructuring plan, Reuters has reported, noting the company will be worth…

• Energy Transition Threatens Oil Producers: IEA

  Published 13 January 2021 | viewed 2,290 times

  Countries dependent on oil revenues for much of their budgets will become increasingly vulnerable to problems caused by the global energy transition, the head of…

• Saudis Prop Up Oil Prices, Cut Shipments To Asia And Europe

  Published 13 January 2021 | viewed 8,149 times

  Saudi Arabia has announced reductions in crude oil volumes to be supplied to at least nine clients in Asia and Europe following its decision to…

• Oil Rises On Crude Draw Despite Product Builds

  Published 13 January 2021 | viewed 11,043 times

  Crude oil prices jumped further today after the Energy Information Administration reported a crude oil inventory draw of 3.2 million barrels for the week to…

• Can Sea Water Batteries Solve Our Energy Storage Problem?

  Published 12 January 2021 | viewed 5,485 times

  The stakes are rising with each passing day for energy storage. The world needs it, and it needs it cheaply and urgently, given all the…

• U.S. Oil Drillers To Face More Pain Despite Higher Prices

  Published 12 January 2021 | viewed 16,873 times

  WTI is back above $50 a barrel, and things are looking up for the battered U.S. oil industry. Yet, although the worst may be behind…

• IMF Approves Loan To Struggling OPEC Producer Angola

  Published 12 January 2021 | viewed 4,371 times

  Africa’s second-largest oil exporter Angola has received approval from the International Monetary Fund for a disbursement of over $480 million under a $3.7-billion loan agreement…

• Big Tech Isn’t As Clean As You Think

  Published 11 January 2021 | viewed 3,172 times

  They are among the biggest—and most generous—backers of the renewable energy shift. They are advertising themselves as environmentally responsible companies that source their raw materials…

• Shell Restarts Production At Huge Prelude Project As LNG Prices Soar

  Published 11 January 2021 | viewed 17,483 times

  Shell has restarted production of liquefied natural gas at its Prelude offshore project in Australia after almost a year's suspension. "LNG cargoes have resumed from…

• Saudi Crown Prince Announces Zero Carbon Smart City

  Published 11 January 2021 | viewed 3,897 times

  A zero-carbon city will be built on the site of the Neom smart city project, Crown Prince Mohammed bin Salman said on Sunday, as quoted…

• New Lockdowns Dash Hopes Of A Rapid Oil Demand Recovery In Europe

  Published 08 January 2021 | viewed 4,243 times

  Extended lockdowns in response to the continuing surge in Covid-19 infections in Europe has quashed hopes that fuel demand on the continent could rebound in…

• Petrobras Oil Output Hits Record In 2020

  Published 08 January 2021 | viewed 3,100 times

  Crude oil output from fields operated by Brazil's state energy major Petrobras hit a record last year despite the pandemic, at an average 2.3 million…

• Big Oil Is Getting Serious About Carbon Capture

  Published 07 January 2021 | viewed 5,862 times

  Five years ago, a handful of oil majors launched what they called the Oil and Gas Climate Initiative with the stated aim of accelerating the…

• Scientists Find Way To Convert CO2 Into Jet Fuel

  Published 07 January 2021 | viewed 10,088 times

  Air travel accounts for about 12 percent of greenhouse gas emissions from the transport industry—or at least it did before the pandemic. It is likely…