Irina Slav

Latest articles from Irina

• BHP Billiton Sells U.S. Oil Assets To BP

  Published 27 July 2018 | viewed 10,247 times

  BHP Billiton has concluded the sale of its U.S. shale oil operations to BP and Merit Energy, a local U.S. oil independent, for US$10.8 billion,…

• Saudi Budget Deficit Shrinks As Oil Prices Rally

  Published 26 July 2018 | viewed 9,287 times

  Higher oil prices are invariably good news for oil-dependent economies. The latest price rally is particularly good news for the world’s top oil exporter, Saudi…

• Total’s Record Production Boosts Q2 Profit

  Published 26 July 2018 | viewed 5,435 times

  French Total booked a 44-percent improvement in its second-quarter net profit on the back of record-high quarterly oil and gas production, the company said today.…

• Indian Refiner Cancels Iranian Oil Shipment As Insurance Won’t Cover Cargo

  Published 26 July 2018 | viewed 16,076 times

  Hindustan Petroleum has cancelled a crude oil shipment from Iran after its insurer refused to provide coverage for the cargo on concern about U.S. sanctions,…

• Venezuela Boosts Reserves By Granting Central Bank Oil Bloc

  Published 26 July 2018 | viewed 7,195 times

  Venezuela’s President Nicolas Maduro announced that the government has granted the country’s central bank a concession for an oil bloc in the prolific Orinoco Belt…

• Saudi Arabia Halts Oil Shipments At Key Chokepoint

  Published 26 July 2018 | viewed 23,171 times

  Saudi Arabia halted crude oil and oil product shipments via the Bab el Mandeb chokepoint in the Red Sea after a Houthi attack on two…

• Oil Jobs Under Threat From Drones

  Published 25 July 2018 | viewed 12,100 times

  The drones are coming to oil and gas and they may soon be intelligent enough to replace humans in on-site inspections. That’s what the latest…

• Citi: The Case For $45 Oil

  Published 25 July 2018 | viewed 49,898 times

  Oil could be back to US$45 a barrel within 12 months, Citigroup’s commodities chief Ed Morse said in an interview with the Financial Post, noting…

• Oil Markets Stabilize On Major Crude Draw

  Published 25 July 2018 | viewed 23,524 times

  A day after the American Petroleum Institute pushed prices up by surprising the market with a draw across the crude oil and fuels inventory board,…

• Petrobras Could Be Selling Mature Oil Fields To EIG-Backed Bidder

  Published 25 July 2018 | viewed 7,311 times

  Petrobras has entered exclusive talks with Ouro Preto Oleo e Gas, a company backed by EIG, for the sale of two mature oil field clusters,…

• Is The Solar Industry Really In Trouble?

  Published 24 July 2018 | viewed 26,984 times

  Last week Goldman Sachs ruined the mood of many in the solar industry—at least of those who pay attention to investment bank forecasts—by projecting that…

• U.S. Refiners Set To Benefit From Shipping Emissions Rule

  Published 24 July 2018 | viewed 6,476 times

  Large U.S. refiners such as Valero and Philips 66 are set to benefit from a shipping fuel emission rule that will come into force in…

• Can China Replicate The U.S. Shale Boom?

  Published 24 July 2018 | viewed 22,429 times

  The world’s largest gas importer is also home to the world’s largest reserves of shale gas—gas that is just sitting there, at least for now.…

• Rosneft Sues Exxon, Others Over Sakhalin Oil Project

  Published 24 July 2018 | viewed 6,741 times

  Russia’s Rosneft is suing five of its partners in the Sakhalin-1 oil project for US$1.4 billion (89 billion rubles), including Exxon, Indian ONGC Videsh, Japanese…

• U.S. Refiners Scramble To Avoid Railcar Shortage

  Published 24 July 2018 | viewed 7,782 times

  U.S. oil refiners as well as producers are frantically looking for ways to reverse a decision by the country’s largest railroad operator, BNSF Railway Co,…

• Oilfield Service Majors See Bright Future Ahead

  Published 23 July 2018 | viewed 10,615 times

  The first second-quarter results from the oilfield service sector are in, and despite some missed expectations, the future looks bright for two of the top…

• Tesla Turns To Suppliers To Help It Become Profitable

  Published 23 July 2018 | viewed 4,950 times

  Tesla has asked some of its suppliers to return parts of payments that the carmaker has made since 2016 in an attempt to turn in…

• Taiwan Refiner Samples U.S. Crude

  Published 23 July 2018 | viewed 7,681 times

  Taiwanese refiner Formosa Petrochemical Corp has bought its first-ever cargo of U.S. crude oil—Mars grade—as part of efforts to diversify supplies, Reuters reports, citing a…

• Iranian President Threatens U.S. With “Mother Of All Wars”

  Published 23 July 2018 | viewed 21,736 times

  Iran’s President Hassan Rouhani has threatened the United States with “the mother of all wars” if Washington continues pressuring it with sanctions and attempts to…

• Rosneft Sees Oil At $80 By Christmas

  Published 23 July 2018 | viewed 15,001 times

  Rosneft’s chief executive Igor Sechin expects Brent could reach US$80 a barrel by this year’s end, Interfax reports citing a TV interview of the oil…