Irina Slav

Latest articles from Irina

• Aramco Announces $40 Billion Investment Program

  Published 13 December 2017 | viewed 11,420 times

  Saudi Aramco has announced it will spend US$40 billion annually through 2027, a 25-percent increase on its previous ten-year investment program that was made public…

• EIA Reports Major Draw In Crude Inventories

  Published 13 December 2017 | viewed 21,683 times

  Amid rising oil prices thanks to the three-week suspension of the Forties pipeline and a major inventory draw estimated by API, the Energy Information Administration…

• Top Insurer Axa To Exit Oil Sands

  Published 13 December 2017 | viewed 11,541 times

  The oil industry is quickly turning into a pariah as more institutional investor are divesting their fossil fuel portfolios. The latest blow to oil’s popularity…

• Cyberattacks: The Biggest Threat To OPEC

  Published 12 December 2017 | viewed 58,446 times

  Oil and cybersecurity in one sentence certainly makes for a thrilling read, and there will be an increasing amount of information on the topic as…

• The Noose Tightens: Venezuela Struggles To Ship Oil

  Published 12 December 2017 | viewed 20,468 times

  The picture for Venezuela grows grimmer by the day, as tankers waiting to load fuel oil from Venezuela ports grow in number as the national…

• Exxon To Start Reporting On Climate Change Effect

  Published 12 December 2017 | viewed 4,768 times

  Exxon has given in to shareholders who have demanded that the company increase its transparency with regards to the effect of climate change policies on…

• Why Is Canadian Oil So Cheap?

  Published 12 December 2017 | viewed 40,493 times

  Western Canadian heavy crude’s price discount to WTI widened to the most in three years, at US$23 for the January contract and US$27 for the…

• Panama Canal Can’t Handle U.S. LNG Boom

  Published 11 December 2017 | viewed 21,897 times

  The International Energy Agency recently predicted that the United States could become the world’s top LNG exporter within ten years. This prediction, however, is far…

• Will Libya Be First To Ditch The OPEC Production Deal?

  Published 11 December 2017 | viewed 12,264 times

  Just two weeks after it pledged to cap its crude oil production at the level of 1 million barrels daily, Libya has sent a signal…

• Kuwaiti Oil Minister: OPEC Cuts May End Earlier Than Planned

  Published 11 December 2017 | viewed 9,786 times

  To keep the air of mystery, or whatever remains of it after the November 30 Vienna Club meeting, Kuwait’s Oil Minister Issam al Marzouq yesterday…

• Iraq-Iran Oil Swap Deal To Run For 1 Year

  Published 11 December 2017 | viewed 10,762 times

  The oil swap deal that Iraq and Iran agreed to last week will run for one year and is subject to renegotiation, Iraq’s Oil Minister,…

• Iran’s Elaborate Sanction-Skirting Scheme

  Published 03 December 2017 | viewed 16,779 times

  Turkish authorities and banks cooperated with Tehran in the development of a scheme aimed at providing Iran with international markets for its gas in exchange…

• Asian Refiners Look To Boost U.S. Oil Shipments

  Published 01 December 2017 | viewed 13,496 times

  Asian refiners are after U.S. crude oil, according to brokers that Reuters talked to, as WTI continues to trade at a comfortable discount to Brent.…

• Russian Oil Minister: U.S. Shale Production Jump Was No Surprise

  Published 01 December 2017 | viewed 7,698 times

  Russia’s Energy Minister Alexander Novak told CNBC the increase in U.S. shale oil production since the start of the OPEC/non-OPEC production cut was expected, adding…

• Russia Ups Oil Price Forecast For 2018

  Published 01 December 2017 | viewed 34,726 times

  Russia’s Economy Ministry will increase its forecast for the price of the country’s Urals oil blend for 2018, following the extension of the OPEC/non-OPEC production…

• The Biggest Threat To Lithium-Ion Batteries

  Published 30 November 2017 | viewed 29,865 times

  A team of researchers from the Department of Energy have discovered the fastest, they say, magnesium-ion solid-state conductor – a discovery that could potentially upend…

• Shell Aims To Half Emissions By 2050

  Published 30 November 2017 | viewed 10,999 times

  Shell has pledged to reduce its carbon dioxide emissions by 50 percent over the next five decades as it shifts to more renewable energy, including…

• Iran Sanctions Hurt U.S. Energy Companies, Says Zanganeh

  Published 30 November 2017 | viewed 5,487 times

  U.S. energy companies are the ones suffering the most from the consequences of U.S. sanctions on Iran, the country’s Energy Minister Bijan Zanganeh said today…

• New Consortium May Take Over Iraq’s Majnoon Oilfield: Minister

  Published 30 November 2017 | viewed 6,430 times

  A consortium of French Total, Petrochina, and Chevron could take over the operation of the Majnoon field from Shell, which earlier this year said it…

• U.S. Asks China To Cut Off Oil Supply To North Korea

  Published 30 November 2017 | viewed 12,549 times

  China should cut off North Korea’s access to crude oil following the latest missile launch from Pyongyang, and Washington has asked it to do just…