Irina Slav

Latest articles from Irina

• Mexico Strikes Oil-Trading Deal With Trafigura

  Published 22 December 2017 | viewed 9,379 times

  Mexico’s National Hydrocarbons Commission has taken on Trafigura as a crude oil trading partner, making it the first foreign company to get the right to…

• Saudi-U.S. Nuclear Talks To Start In Weeks

  Published 21 December 2017 | viewed 10,537 times

  Saudi Arabia will initiate talks with the U.S. administration within a few weeks about the participation of U.S. nuclear energy companies in the Kingdom’s first…

• Forties Pipeline To Return To Operation In January

  Published 21 December 2017 | viewed 7,112 times

  The Forties crude oil pipeline network should return to normal operation in early January, its owner Ineos said. The shutdown of the piece of infrastructure…

• BP, Rosneft Team Up On Arctic Gas Exploration

  Published 21 December 2017 | viewed 9,724 times

  Sanctions or no sanctions, BP, which is a 20-percent shareholder in Russia’s Rosneft, struck a new joint venture with its partner for the exploration and…

• U.S. Asks China To Implement New Oil Sanctions On North Korea

  Published 21 December 2017 | viewed 13,348 times

  Washington is talking with Beijing about new oil sanctions against North Korea, UN diplomats told AFP. The two are working on a draft resolution that…

• What’s Next For U.S. Shale Giants?

  Published 20 December 2017 | viewed 20,321 times

  For OPEC, U.S. shale oil is a curse. For the Trump administration, it is the biggest tool to help achieve what the White House has…

• Indonesia Refineries Prepare To Switch To Sour Crudes

  Published 20 December 2017 | viewed 7,045 times

  The latest oil price rally that made Brent less appealing to international buyers has prompted Indonesian refineries to start preparing for modifications that will allow…

• Oil Prices Rise After Strong Crude Inventory Draw

  Published 20 December 2017 | viewed 24,381 times

  The Energy Information Administration reported yet another inventory draw for last week, making it the fifth one in a row with falling inventories. The authority…

• Nebraska Sticks To Keystone XL Decision

  Published 20 December 2017 | viewed 7,928 times

  The Nebraska Public Service Commission upheld its November decision to allow the construction of the controversial Keystone XL crude oil pipeline, although it demanded a…

• Repsol, VNG Announce $2.2B Plan For Norwegian Oil Fields

  Published 19 December 2017 | viewed 4,968 times

  While Statoil expands its operations in Brazil, two European energy companies—Spanish Repsol and German VNG—have announced investment plans for two fields in the North Sea…

• Saudi Deficit Narrows On Higher Oil Prices

  Published 19 December 2017 | viewed 8,239 times

  Improving oil prices narrowed Saudi Arabia’s budget deficit from 12.8 percent last year to 8.9 percent this year, and now Riyadh is expected to announce…

• Activist Investor Prompts Chevron To Evaluate Myanmar Operations

  Published 19 December 2017 | viewed 5,896 times

  Chevron will need to evaluate how feasible an exit from Myanmar would be, after an activist shareholder filed a resolution requiring the company to do…

• OPEC vs IEA: Who’s Right On Oil Prices?

  Published 18 December 2017 | viewed 27,324 times

  Last week, the International Energy Agency made a lot of OPEC brows furrow when it warned that 2018 may not be a very happy new…

• Australia Can Achieve A Zero-Carbon Gas Grid By 2050

  Published 18 December 2017 | viewed 4,579 times

  Australia could make its gas grid completely emission-free by 2050, a new report compiled by Energy Networks Australia has suggested. According to the report, the…

• Is A Russia-Cuba Energy Deal In The Works?

  Published 18 December 2017 | viewed 9,962 times

  The chief executive of Russian state oil major Rosneft met yesterday with Cuba’s President Raul Castro, suggesting that the two are working on an energy…

• Can This Extraordinary Gas Deal Save Venezuela’s Ailing Economy?

  Published 18 December 2017 | viewed 9,926 times

  Russia’s Rosneft has sealed a deal with the Venezuelan government for the development of two of its offshore gas fields for a period of 30…

• The Secret To Replacing Fossil Fuels

  Published 17 December 2017 | viewed 14,816 times

  When it comes to renewables, skeptics tend to point out the lower efficiency rates as opposed to fossil fuels, the high costs, and the dependence…

• BP To Invest $200 Million In Solar

  Published 15 December 2017 | viewed 6,806 times

  BP today announced the acquisition of a 43-percent interest in solar power company Lighthouse for US$200 million, following in the footsteps of peers Shell and…

• Petrobras CEO Hints At New Partner In Oil-Rich Campos Basin

  Published 15 December 2017 | viewed 4,577 times

  Petrobras chief executive Pedro Parente said at an event yesterday that the company was preparing to announce a partnership for the development of the prolific…

• Venezuela Sells Oil Refinery Stake To Cuba

  Published 15 December 2017 | viewed 13,940 times

  Venezuela has sold its stake in the Cienfuegos refinery to its partner in the joint venture, Cuba. Venezuela’s state oil company PDVSA held 49 percent…