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Irina Slav

Oilprice.com

Contributor since: 17 Jan 2016

Irina Slav

Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.

Latest articles from Irina

  • Saudi Arabia And The U.S. Could Form The World’s Newest Oil Cartel

    Published 24 March 2020 | viewed 154,571 times

    The United States and Saudi Arabia have been discussing the idea of setting up an oil accord, Bloomberg reports, citing Energy Secretary Dan Brouillette. Such…

  • The Real Reason Oil Prices Crashed

    Published 23 March 2020 | viewed 138,518 times

    Here’s a quick question: what happens when a lot of people are producing more and more of a commodity, but fewer people want to buy…

  • Occidental Nears Deal With Activist Investor Icahn

    Published 23 March 2020 | viewed 15,775 times

    Occidental Petroleum is nearing a deal with activist investor Carl Icahn who launched an offensive against the company’s management after the acquisition of Anadarko, sources…

  • Coronavirus Is Causing Mass Fuel Shortages In Venezuela

    Published 23 March 2020 | viewed 12,881 times

    Venezuela has started shutting down gasoline stations across the country as a shortage of fuels has prompted rationing, Bloomberg reports. According to an unnamed source…

  • Saudi Arabia’s Deficit To Soar As Oil Price War Rages On

    Published 23 March 2020 | viewed 41,028 times

    Saudi Arabia could book a budget deficit of as much as $61 billion this year under the double blow of the coronavirus pandemic and the…

  • First U.S. West Coast LNG Project Gets The Greenlight

    Published 20 March 2020 | viewed 19,629 times

    The Federal Energy Regulatory Commissions voted overwhelmingly in favor of the Jordan Cove LNG project in Oregon but set one condition: Pembina, the company behind…

  • Mexico’s Budget Is Protected By Its Mega Oil Hedge

    Published 20 March 2020 | viewed 25,411 times

    “Everything” in the Mexican budget that needs to be covered by oil revenues is covered, the country’s Finance Minister, Arturo Herrera, said as quoted by…

  • Canada Prepares Multi-Billion Dollar Bailout For Its Oil Industry

    Published 20 March 2020 | viewed 40,570 times

    The federal government of Canada is preparing a multibillion dollar financial aid package for the oil and gas industry and could announce it as soon…

  • The Lesson U.S. Shale Refuses To Learn

    Published 19 March 2020 | viewed 49,473 times

    It feels like 2014 for the oil industry all over again, except this time, things could get even worse.  Most U.S. shale wells have a…

  • U.S. Oil Industry Could End Up Losing More Than 200,000 Jobs

    Published 19 March 2020 | viewed 52,945 times

    With West Texas Intermediate below $30 a barrel and Saudi Arabia’s plans to keep pumping as much as it can for as long as it can, the…

  • LNG Canada Lays Off 750 Workers Amid Coronavirus Crisis

    Published 19 March 2020 | viewed 10,726 times

    LNG Canada has laid off 750 people as a preventive measure against the Covid-19 pandemic before it reaches the construction site of the liquefaction facility.…

  • Oil Could Crash To $10 As World Runs Out Of Storage

    Published 19 March 2020 | viewed 107,489 times

    The growing supply glut in oil markets could end up filling all storage tanks worldwide, potentially causing prices to drop even further Global oil storage…

  • Alberta’s Oil Industry Is On Life Support

    Published 19 March 2020 | viewed 21,850 times

    Alberta’s long-suffering oil industry is “on life support” because of the spread of the Covid-19 pandemic—and things will get worse before they get better, Premier…

  • Iraq Desperate For OPEC Action As Oil Prices Crash

    Published 18 March 2020 | viewed 53,181 times

    The Iraqi Oil Minister, Thamer al-Ghadhban, has asked OPEC’s head, Mohammed Barkindo to call an extraordinary meeting of OPEC+ to “discuss all possible ways” to…

  • Oil Giant Forced To Furlough 3,500 Workers

    Published 18 March 2020 | viewed 34,967 times

    Oilfield services major Halliburton will furlough 3,500 employees for two months amid a drive to cut costs in the U.S. shale industry following the oil…

  • Oil Crashes To 18-Year Lows As Inventories Build

    Published 18 March 2020 | viewed 55,841 times

    Crude oil prices fell further today, with WTI prices falling to 18-year lows, after the Energy Information Administration’s latest weekly inventory report that estimated a…

  • Looming Recession Sparks New Oil Sell Off

    Published 17 March 2020 | viewed 33,140 times

    Travel bans, border closures, and recommendations for self-isolation amid the coronavirus pandemic have aggravated fears of a global recession and pushed money managers to intensify…

  • Giant LNG Projects Face Coronavirus Death Or Delay

    Published 17 March 2020 | viewed 33,275 times

    Plummeting oil prices have been the focus of attention ever since Saudi Arabia and Russia fired the first shots in what analysts see as a…

  • China's Power Demand Dives In 2020

    Published 17 March 2020 | viewed 8,247 times

    China’s power consumption in the first two months of the year fell 7.8 percent on 2019 because of the coronavirus outbreak, Reuters reports, citing data…

  • Exxon To Slash Spending As Oil Price Collapse Continues

    Published 17 March 2020 | viewed 17,101 times

    Exxon has become the latest U.S. oil company to announce plans for spending cuts amid the coronavirus outbreak that caused a price slide significantly aggravated…

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