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Latest articles from Irina

• Saudi Oil Minister: Aramco Set To Go Public In 2021

  Published 14 January 2019 | viewed 8,934 times

  Saudi Aramco is on track to become a public company in 2021, Energy Minister Khalid al-Falih said during an oil conference in Abu Dhabi. Gulf…

• China Oil Imports Up 30% In December, Gas Imports Hit Record

  Published 14 January 2019 | viewed 13,256 times

  China imported 30 percent more crude oil in December than a year earlier, Reuters reports, citing fresh customs data. The surge was the result of…

• Saudi Oil Minister: No Need For Extraordinary OPEC Meeting

  Published 14 January 2019 | viewed 11,977 times

  There is no need for the Organization of Petroleum Exporting Countries to schedule an extraordinary meeting before April, Saudi Arabia’s Energy Minister, Khalid al-Falih, told…

• What’s Holding Back Argentina’s Shale Revolution?

  Published 12 January 2019 | viewed 16,321 times

  Vaca Muerta, the “Dead Cow” shale formation in Argentina’s west, is believed to be one of the largest shale plays globally, “the Argentine Permian”, and…

• Hydropower Has Higher Environmental Cost Than Believed: Study

  Published 11 January 2019 | viewed 10,408 times

  Dam construction involves higher environmental and social costs than previously estimated, a new study has suggested. The study, cited by Phys.org, was carried out by…

• GM To Push Cadillac As Tesla Rival

  Published 11 January 2019 | viewed 13,479 times

  General Motors will make Cadillac its first electric car under the BEV3 platform, according to unnamed sources talking to Reuters. The electric Cadillac will become…

• China To Only Approve New Solar Projects If They Are As Cheap As Coal

  Published 11 January 2019 | viewed 13,448 times

  China will only approve new solar and wind power capacity if it matches the country’s coal benchmark on price, Forbes’ John Parnell reports, adding a…

• Mexico Hedges Oil at $55 A Barrel

  Published 11 January 2019 | viewed 19,386 times

  Amid a fuel crisis that is spiraling out of control, the notorious Mexico oil hedge this year is worth US$1.23 billion with the average export…

• America’s Remarkable Dual Achievement In Energy

  Published 10 January 2019 | viewed 9,070 times

  America’s “Generation Energy” has achieved something that seemed impossible: an increase in energy consumption coupled with a consistent decline in carbon dioxide emissions to the…

• WoodMac: LNG Glut Not Likely In 2019

  Published 10 January 2019 | viewed 15,847 times

  With the millions of tons in new liquefied natural gas capacity coming on stream these days, many have begun worrying about an oversupply that would…

• Trump Pushes Ahead With Arctic Drilling Amid Shutdown

  Published 10 January 2019 | viewed 6,741 times

  The Trump administration is pursuing its plans of opening up more federal lands in Alaska to oil and gas drilling. Reuters reports the Alaska Bureau…

• Tesla To Discontinue Sales Of Lowest-Prices Models S, X

  Published 10 January 2019 | viewed 8,302 times

  Tesla will stop offering the lowest-priced versions of its Models S and X, chief executive Elon Musk wrote in a tweet. “Starting on Monday, Tesla…

• The 3 Continents Driving Global Energy Demand

  Published 10 January 2019 | viewed 13,855 times

  Newly published data from the Energy Information Administration reveals that Asia, the Middle East, and Africa have been the biggest drivers of global energy consumption…

• South Korea To Resume Iran Oil Imports Soon

  Published 10 January 2019 | viewed 8,778 times

  South Korea will start buying Iranian crude this month or next, the parent company of the country’s largest refinery, SK Innovation, told Reuters. “As South…

• U.S. Oil Shipments To Asia Set To Rise Soon

  Published 09 January 2019 | viewed 9,458 times

  A combination of lower shipping costs and lower domestic demand will boost U.S. crude oil exports to Asia, Reuters reports, citing sources from the commodity…

• Oil Prices Slip On Bearish EIA Report

  Published 09 January 2019 | viewed 48,559 times

  The Energy Information Administration reported a crude oil inventory draw of 1.7 million barrels for the first week of 2019, after a 6.9-million-barrel build in…

• Fuel Shortages Reach Mexico City

  Published 09 January 2019 | viewed 10,807 times

  The gasoline shortages sparked by the Mexican government’s offensive against fuel theft have now spread to the capital, Sputnik reports, citing a local correspondent who…

• New Audit Shows Higher Aramco Oil Reserves

  Published 09 January 2019 | viewed 16,497 times

  An independent audit of the crude oil reserve base of Saudi Aramco is expected to result in a slight upward revision of the Kingdom’s oil…

• U.S. Army Joins Race To Expand U.S. Oil Exports

  Published 08 January 2019 | viewed 17,709 times

  The news that the U.S. Army Corps of Engineers has placed a US$93-million order with Great Lakes Dredge & Dock Company for the deepening and…

• Petrobras Could Get $14B From Government To Settle Rights Dispute

  Published 08 January 2019 | viewed 7,526 times

  Brazil’s oil giant Petrobras could pocket US$14 billion from the government to settle a long-running dispute for a number of offshore oil fields that Petrobras…