Irina Slav

Latest articles from Irina

• Australia-China Spat Threatens LNG Deal

  Published 12 November 2020 | viewed 39,141 times

  A sharp worsening in relations between Australia and China could threaten a deal that would have seen Woodside Petroleum sell a stake in a natural…

• Growing Crude Inventories Put A Cap On Oil Prices

  Published 12 November 2020 | viewed 12,175 times

  Crude oil prices fell today after the Energy Information Administration reported an oil inventory build of 4.3 million barrels for the week to November 6.…

• Ghana Tells Eni To Merge Oil Field With Local Discovery

  Published 12 November 2020 | viewed 3,812 times

  Ghana has told Italy’s Eni to merge its Sankofa offshore discovery with another field, discovered by a locally based company, Bloomberg reports, citing a letter…

• Saudi Arabia And Iraq Agree To Intensify OPEC Cooperation

  Published 11 November 2020 | viewed 7,219 times

  Saudi Arabia and Iraq will cooperate and coordinate their positions on oil policies within the organization of Petroleum Exporting Countries and will remain committed to…

• Is This The Perfect Battery For Electric Vehicles?

  Published 10 November 2020 | viewed 6,783 times

  Imagine an electric car that’s lightweight and fast, and can go for hundreds of miles on a single charge. This car would not have a…

• India Energy Demand On The Rebound

  Published 10 November 2020 | viewed 2,600 times

  India's energy demand is beginning to improve as businesses reopen, the country's oil minister, Dharmendra Pradhan said this week at the ADPIEC conference in Abu…

• Vitol CEO: Oil Prices Could Hit $50 In Near Future

  Published 10 November 2020 | viewed 11,858 times

  Oil may hit $50 over the next few months thanks to a moderate decline in global inventories that will accelerate by mid-2021, the chief executive…

• The True Cost Of The Global Energy Transition

  Published 09 November 2020 | viewed 15,669 times

  $15 trillion: this is the amount of money to be invested in new power capacity globally over the next three decades. Most of this—80 percent—will…

• Saudi Oil Minister: OPEC+ Could Alter Its Oil Production Agreement

  Published 09 November 2020 | viewed 19,433 times

  OPEC+ could change the terms of its oil production cut deal if the members of the pact agree to do it, Saudi Energy Minister Abdulaziz…

• Libya’s Oil Output Hits 1 Million Bpd

  Published 09 November 2020 | viewed 2,575 times

  Libya’s crude oil production topped 1 million bpd, the National Oil Corporation said this weekend, although it added this level of production may not be…

• Is This The Key To Cheaper Solar Power?

  Published 07 November 2020 | viewed 19,258 times

  The International Energy Agency recently said solar farms were among the cheapest sources of electricity. It called solar "the new king of electricity". But there…

• Colorado Takes Aim At Oil, Gas Well Flaring

  Published 06 November 2020 | viewed 8,278 times

  Colorado energy regulators have voted for a curtailment of gas flaring at oil and gas production sites, limiting approved flaring to just a few circumstances,…

• Shell To Shut Down Louisiana Refinery

  Published 06 November 2020 | viewed 36,805 times

  Royal Dutch Shell will shut down its Convent refinery in Louisiana after failing to find a buyer for the facility, Bloomberg reports, citing a statement…

• The Oil Price Rally That Never Was

  Published 05 November 2020 | viewed 9,033 times

  When the pandemic pummeled the oil industry in the spring, many called the situation unprecedented. Prices were falling because of oversupply, but demand was failing…

• Surge In COVID-19 Cases Could Slash Emissions

  Published 05 November 2020 | viewed 1,308 times

  It became clear pretty soon after the first lockdowns in the spring were imposed: Covid-19, the disease caused by the novel coronavirus, caused a decline…

• Tesla To Build Even Bigger Battery In Australia

  Published 05 November 2020 | viewed 3,566 times

  Tesla plans to build a 300-MW/450-MWh battery storage system in Victoria, Australia, three times bigger than the once biggest battery the company had constructed, also…

• China’s Crude Oil Imports Sink In October

  Published 05 November 2020 | viewed 3,481 times

  China’s crude oil imports fell by 4.88 percent last month from a month earlier, data analytics provider OilX reported. At 10.96 million bpd, imports were…

• How Big Can the Tesla Bubble Get?

  Published 04 November 2020 | viewed 5,816 times

  Here’s one fact that somehow transcends logic: Tesla is worth five times more than GM and Ford—combined. The EV company, which for quite some time…

• Oil Prices Jump On Large Crude Inventory Draw

  Published 04 November 2020 | viewed 17,128 times

  Crude oil inventories in the United States shed 8 million barrels last week, the Energy Information Administration reported a day after the American Petroleum Institute…

• Four OPEC+ Members Favor Extended Cuts

  Published 04 November 2020 | viewed 6,702 times

  Three members of OPEC and Russia are in favor of an extension of the current oil production cuts agreed by OPEC+ in April this year,…