Irina Slav

Latest articles from Irina

• IEA Warns Of Looming Oil Market Deficit

  Published 15 March 2019 | viewed 29,401 times

  Production outages and Iran and Venezuela will tip the global oil market into a shortage during the second quarter, the International Energy Agency said in…

• OPEC Threatens To Kill U.S. Shale

  Published 14 March 2019 | viewed 144,893 times

  The Organization of Petroleum Exporting Countries will once again become a nemesis for U.S. shale if the U.S. Congress passes a bill dubbed NOPEC, or…

• Exxon Plans Foray Into Israel Gas Exploration

  Published 14 March 2019 | viewed 7,714 times

  Exxon has plans to enter the Israeli natural gas exploration industry despite the country’s tense relations with its Arab neighbors where Exxon has an established…

• China’s Crude Oil Throughput Hits Record High

  Published 14 March 2019 | viewed 11,183 times

  Chinese refineries processed 102.49 million tons of crude oil during the first two months of the year, up 6.1 percent on the year, according to…

• U.S. Aims To Bring Iran Oil Exports Below 1 Million Bpd

  Published 14 March 2019 | viewed 9,861 times

  The United States will likely extend the Iran sanction waivers that it granted eight countries importing crude from Iran, but will demand that they reduce…

• Reliance Industries Stops Diluent Deliveries To PDVSA

  Published 14 March 2019 | viewed 6,708 times

  India’s Reliance Industries has suspended shipments of much-needed diluents to Venezuela’s PDVSA and will not resume them until U.S. sanctions against the South American country…

• Pakistan Aims To Become A Natural Gas Hotspot

  Published 13 March 2019 | viewed 24,394 times

  Pakistan is eager to open up its gas deposits to foreign energy companies in a bid to boost domestic production amid soaring demand, two government…

• Rosneft Under Fire Over Venezuelan Crude Purchases

  Published 13 March 2019 | viewed 8,429 times

  The U.S. State Department has not warned or notified BP in any way about its role as a substantial shareholder in Russia’s Rosneft after Secretary…

• Citgo Confirms Venezuelan Crude Can Be Replaced

  Published 13 March 2019 | viewed 10,321 times

  The new chairwoman of U.S. refiner Citgo has assured energy industry attendants of the CERAWeek conference that the company is resilient enough to continue operating…

• Oil Prices Spike As EIA Confirms Inventory Draw

  Published 13 March 2019 | viewed 38,388 times

  The Energy Information Administration reported a crude oil inventory decline of 3.9 million barrels for the week to March 8, versus a build of 7.1…

• BP Chief Urges Big Oil To Converse With Green New Dealers

  Published 13 March 2019 | viewed 9,891 times

  The oil industry would do well to engage the supporters of the Green New Deal in dialogue, BP’s chief executive Bob Dudley said at this…

• Is A Crisis Looming For Canadian Oil?

  Published 12 March 2019 | viewed 20,028 times

  Earlier this month when pipeline operator Enbridge said its Line 3 pipeline will only return to operation in the second half of 2020, it was…

• Bolton Threatens Companies Shipping Venezuelan Oil To Cuba

  Published 12 March 2019 | viewed 12,327 times

  Shipping companies and insurers that take part in sending crude oil from Venezuela to Cuba have been “put on notice,” U.S. national security adviser John…

• Venezuelan Oil Sector Takes A Beating As Blackout Persists

  Published 12 March 2019 | viewed 9,321 times

  The Venezuelan national Assembly, dominated by the opposition, declared a state of alarm over a blackout that the government blamed on a U.S. cyberattack and…

• EOG Resources Commits To Methane Emission Reduction

  Published 12 March 2019 | viewed 4,538 times

  EOG Resources has committed to reduce its methane emission footprint, joining a growing group of energy companies yielding to shareholder pressure for more environmentally responsible…

• UK Oil Production Set For Decline

  Published 12 March 2019 | viewed 14,340 times

  Crude oil production in the UK will decline this year to 940,000 bpd from last year’s 980,000 bpd, the Oil and Gas Authority said in…

• U.S. Wants India To Stop Buying Venezuelan Oil

  Published 11 March 2019 | viewed 9,428 times

  The United States has pressed India to stop buying Venezuelan crude oil as a means of accelerating President Nicolas Maduro’s removal from office, which Washington…

• OPEC+ Production Cuts To Stay In Place Until June

  Published 11 March 2019 | viewed 9,365 times

  OPEC will continue producing less crude oil than it could until at least June as April, when OPEC+ meets, would be too early to end…

• Sharara To Return To 300,000 Bpd Production In Two Weeks

  Published 11 March 2019 | viewed 7,693 times

  The Sharara crude oil field in Libya will recover its daily rate of production to 300,000 bpd within two weeks, Reuters reports, quoting a field…

• Refining Frenzy Worsens Fuel Glut In Asia

  Published 10 March 2019 | viewed 15,376 times

  Asia is drowning in Chinese fuels and things are about to get worse over the next three years as new refining capacity in the world’s…