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Latest articles from Irina

• Oil Price Rally Sees Large Jump In M&A Activity

  Published 22 January 2017 | viewed 9,910 times

  A year ago, oil producers in the shale patch were the object of a kind of sympathy – barely alive, many of them on the…

• Gazprom Neft Expands Arctic Oil Field Output

  Published 20 January 2017 | viewed 9,041 times

  Gazprom Neft said today it had launched production from two new wells at its Arctic oil field Prirazlomnoye, bringing the total to six. Prirazlomnoye is…

• China To Pour $3 Billion in Iran’s Refining Capacity

  Published 19 January 2017 | viewed 10,284 times

  China will invest US$3 billion in the upgrade of Iran’s oil refining facilities, Iranian media reported, with the bulk of the investment going into the…

• Gazprom Reports Profit Rise For First Three Quarters Of 2016

  Published 19 January 2017 | viewed 4,672 times

  Gazprom reported a net profit of US$12.36 billion (737.4 billion rubles) for the first nine months of 2016, an improvement on its nine-month 2015 result,…

• Oil Tanks After EIA Reports Surprise Crude, Gasoline Build

  Published 19 January 2017 | viewed 13,636 times

  A day after the API reported a 5.04-million-barrel decline in commercial U.S. crude oil inventories, the Energy Information Administration crushed hopes of a prolonged price…

• U.S. Shale To Put A Firm Cap On Oil Prices

  Published 18 January 2017 | viewed 18,443 times

  The latest Drilling Productivity Report released by the Energy Information Administration has shown that crude oil output in the shale patch will continue rising next…

• Texas Land Leases For Oil Exploration Rise, Income Falls

  Published 18 January 2017 | viewed 5,090 times

  Demand for public land in Texas from energy companies has gone up since July 2016, but income from the leases has dropped, reflecting the low…

• Oil Prices Fall In Spite Of Bullish OPEC Data

  Published 18 January 2017 | viewed 15,396 times

  OPEC, in its latest Monthly Oil Market Report, raised its forecast for global crude oil demand to 95.60 million barrels daily, up by 1.16 million…

• Argentina, Bolivia Seal Gas Exploration Deal

  Published 18 January 2017 | viewed 5,982 times

  The state-owned companies of Argentina and Bolivia, YPF and YPFB, respectively, have signed an oil services agreement that will see the two partner in the…

• Noble Energy Boosts Permian Presence With Clayton Williams Buy

  Published 17 January 2017 | viewed 5,710 times

  Independent oil and gas player Noble Energy said it will buy smaller peer Clayton Williams Energy in a bid to expand its footprint in the…

• 200,000 New Energy Jobs Forecast In 2017

  Published 17 January 2017 | viewed 17,253 times

  The latest U.S. Energy and Employment Report has forecast that the sector of energy efficiency will see a 9-percent increase in employment this year –…

• Iran Scores Again with Insurance Coverage On Oil Cargoes

  Published 17 January 2017 | viewed 6,130 times

  International insurance companies have found a way around U.S. sanctions on Iran still in place and will now offer almost complete cover on outgoing crude…

• China Leads Unprecedented Drop In Asian Crude Production

  Published 17 January 2017 | viewed 12,943 times

  Crude oil production in the Asia-Pacific is falling at a unique rate, according to a report from Wood Mackenzie, with China accounting for about half…

• Saudi-Led Coalition, Houthis Clash Near Major Oil Passage

  Published 16 January 2017 | viewed 9,604 times

  Forces of the Saudi-led coalition against the Houthi rebels in Yemen and the rebel group are fighting in the southwestern Yemeni region of Bab el-Mandeb,…

• Syrian Airforce Strikes Back At IS After Major Attack

  Published 16 January 2017 | viewed 8,976 times

  A Saturday missile attack by the Islamic State against the eastern Syrian city of Deir ez-Zour was followed by an air strike by the Syrian…

• 2017 Another Year Of Excessive Volatility For Oil Prices

  Published 16 January 2017 | viewed 14,493 times

  This year will see further volatility in oil prices despite international efforts to restore the market to balance and improve prices more consistently. This push…

• Russia Retains A Bullish Outlook On Brent

  Published 15 January 2017 | viewed 7,676 times

  Russia’s Mineral Resources Minister, Sergei Donskoi, has demonstrated strong optimism about the direction oil prices are going this year and next. He believes that Brent…

• Russia’s Reserve Fund Can Stay At Current Level At $50 Per Barrel

  Published 13 January 2017 | viewed 6,489 times

  Russia’s Economy Minister Anton Siluanov said that the country’s Reserve Fund could be maintained this year at international oil price levels of US$50 a barrel.…

• China's Oil Import Dependency Deepens

  Published 13 January 2017 | viewed 26,670 times

  China satisfied 64.4 percent of its crude oil demand with imports last year because of high production costs at home and favorable international prices resulting…

• Anadarko Exits Eagle Ford

  Published 13 January 2017 | viewed 8,045 times

  Anadarko has struck a deal to sell its assets in the Eagle Ford shale play to Sanchez Energy Corp. and Blackstone group for US$2.3 billion.…