Irina Slav

Latest articles from Irina

• Kurdistan Oil Exports Revenue Hits US$328M In September

  Published 07 October 2016 | viewed 7,555 times

  The Kurdistan Regional Government in Iraq received US$328 million from crude oil exports in September. The average daily amount that flowed by pipeline to the…

• Shell Quits Oil Terminal In Washington

  Published 07 October 2016 | viewed 9,689 times

  Shell has given up its plan to build an oil train unloading terminal near Anacortes, Washington, that would have received 60,000 barrels of crude daily…

• Chad Slaps Exxon With Fine 5 Times Its GDP

  Published 07 October 2016 | viewed 9,580 times

  The High Court of Chad has ruled that an Exxon-led consortium must pay a fine of US$75 billion for failing to meet its tax obligations…

• Is Russia Diversifying Away From Oil Fast Enough?

  Published 06 October 2016 | viewed 12,836 times

  Russia needs to diversify away from oil and gas, and fast, says the chief executive of the country’s largest lender, Sberbank. According to German Gref,…

• India’s Big Oil Clears Way For Smaller Players

  Published 06 October 2016 | viewed 5,203 times

  India’s biggest E&Ps – ONGC and Oil India – have announced that they won’t be taking part in 67 tenders for the development of newly…

• Brazil Opens Door Wide To Foreign Oil Companies

  Published 06 October 2016 | viewed 7,924 times

  Brazil’s Senate yesterday scrapped the obligation to local state-owned giant Petrobras to act as operator of all oil and gas projects in the pre-salt deposits…

• Can Microwave Technology Compete With Fracking?

  Published 05 October 2016 | viewed 38,252 times

  There’s 1.5 trillion untapped recoverable barrels of crude in the U.S. – an amount equal to the world’s total proven reserves that can pretty much…

• Oil Prices Continue Their Rally As EIA Reports Surprise Draw

  Published 05 October 2016 | viewed 27,625 times

  Crude oil inventories in the U.S. reached 499.7 million barrels in the week to September 30, the EIA reported, down by 3 million barrels from…

• Lower Oil Income Cuts Out US$9B From Iraq’s Forex Reserves

  Published 05 October 2016 | viewed 5,316 times

  Persistently low oil prices have wiped out US$9 billion from Iraq’s foreign exchange reserves over the past 12 months. The current figure is US$50 billion,…

• China, U.S. Mull Plans to Halt Coal & Oil Shipments to North Korea

  Published 05 October 2016 | viewed 4,952 times

  The U.S. and China are discussing measures to contain North Korea’s nuclear drive, after the country announced its fifth nuclear missile test in early September.…

• Could Clinton And Big Oil Have Changed Ghana’s Oil Story?

  Published 04 October 2016 | viewed 9,917 times

  Seven years ago, Ghana was about to become the next thriving economy, basking in the wealth generated by its newly discovered oil and gas. But…

• Abu Dhabi Oil Company Consolidates Offshore Operations

  Published 04 October 2016 | viewed 8,103 times

  The Abu Dhabi National Oil Co said it would consolidate two of its offshore divisions in a bid to become “more agile” amid the current…

• Petroperu To Restart Disaster Oil Pipeline In 2017

  Published 04 October 2016 | viewed 6,826 times

  Petroperu will restart early next year the operation of its four-decades-old crude oil pipeline, which has caused several major leaks in the Amazon, after completing…

• Trafigura Ships Chinese Gasoline To U.S.

  Published 04 October 2016 | viewed 5,811 times

  Commodity trading behemoth Trafigura is shipping a load of 375,000 barrels of gasoline to the U.S. East Coast, where a jump in fuel prices has…

• This $16B Project Could Add Up To 200,000 Bpd To Nigerian Output

  Published 03 October 2016 | viewed 7,000 times

  Nigeria’s daily crude oil output may increase by 200,000 barrels by the end of March 2018, the Nigerian National Petroleum Corporation said. The new output…

• Shell, Chevron Drop Off Platts Top 10 Energy Firm List

  Published 03 October 2016 | viewed 14,508 times

  Shell and Chevron were among the international oil giants that fell off the top 10 companies of 2016 in the S&P Platts’ annual ranking of…

• Russia Oil Output Rises To New Heights In September

  Published 03 October 2016 | viewed 9,017 times

  Russian crude oil production in September rose to a new high of 11.11 million barrels per day, up 4 percent on August, figures from the…

• Enbridge Sells Key Pipeline for $1 Billion

  Published 30 September 2016 | viewed 8,237 times

  Canadian pipeline giant Enbridge has agreed to offload one of its key networks, in Saskatchewan, for US$1.08 billion. The buyer is Tundra Energy, a private…

• Australian PM Slams Local States for Aggressive Renewables Targets

  Published 30 September 2016 | viewed 3,993 times

  Australia’s Prime Minister has lashed out at state governments for their “extremely unrealistic” renewable energy targets. Speaking at a news conference in Tasmania, Malcom Turnbull…

• Is The Eagle Ford About To Stage A Comeback?

  Published 29 September 2016 | viewed 17,939 times

  Eagle Ford has quietly slipped out of the shale boom spotlight over the past couple of years, its place now taken by its Texas neighbor,…