Irina Slav

Latest articles from Irina

• Canadian Oil Prices Surge As Upgrader Goes Offline

  Published 06 April 2017 | viewed 12,589 times

  An unscheduled suspension of operations at Syncrude’s upgrader in Alberta has lifted Canadian oil prices substantially, also strengthening U.S. blends that make up WTI, as…

• Canada Needs One Oil Pipeline Regulator: Panel

  Published 06 April 2017 | viewed 6,030 times

  A four-member panel set up last year by Canada’s Environment Minister has said that the country needs a single body to assess new oil pipeline…

• OPEC’s No.2 Goes Rogue: Plans 600,000 Bpd Oil Output Increase

  Published 05 April 2017 | viewed 53,257 times

  Iraq has plans to boost its crude oil production by 600,000 bpd to 5 million bpd by the end of this year, regardless of its…

• Egyptian Energy Companies Plan Return To Libya

  Published 05 April 2017 | viewed 8,221 times

  Egypt’s General Petroleum Corporation and energy sector construction company Petrojet plan to re-establish their presence in Libya, a Libyan official said yesterday, after a meeting with…

• Buffett Bets Big On Renewables, Shuns Coal

  Published 05 April 2017 | viewed 12,200 times

  Warren Buffett’s PacifiCorp is allocating $3.5 billion for wind and solar power projects, the company said. The projects include an upgrade of 900 MW of…

• Oil Prices Plunge After Crude Inventories Rise To New Highs

  Published 05 April 2017 | viewed 35,567 times

  A day after the American Petroleum Institute estimated commercial U.S. crude oil inventories hade declined by 1.83 million barrels last week and amid an unplanned…

• World’s Biggest LNG Exporter Just Raised The Stakes

  Published 04 April 2017 | viewed 17,300 times

  Qatar, the world’s biggest LNG exporter, is throwing the gauntlet to other large producers around the world by removing a drilling ban for its part of…

• Nigeria Tanker Driver Strike Ends Quickly

  Published 04 April 2017 | viewed 3,999 times

  The strike called by oil tanker drivers in Nigeria yesterday ended just hours after it began, as the government quickly agreed to improve their wages…

• Transneft Ready To Send 24M Tons Of Crude To Belarus

  Published 04 April 2017 | viewed 5,656 times

  Russia’s pipeline giant Transneft has enough capacity to export 24 million tons of crude oil to Belarus this year, a company official told Reuters today, after…

• Platts Sees Gulf of Mexico Oil Output At 1.87 M Bpd by Year-End

  Published 04 April 2017 | viewed 6,759 times

  Platts Analytics Bentek Energy has forecasted that crude oil output in the U.S. part of the Gulf of Mexico will reach 1.868 million barrels daily…

• Deepwater Will Soon Challenge Shale

  Published 03 April 2017 | viewed 26,325 times

  Just when the focus in oil seemed to be firmly fixed on shale as the cheapest kind of crude, Wood Mackenzie went and ruined it…

• Petronas Loads First-Ever LNG Cargo From Floating Facility

  Published 03 April 2017 | viewed 6,131 times

  Malaysia’s state oil and gas company Petronas announced the loading of the first liquefied natural gas cargo from a floating production facility over the weekend.…

• Oil Markets On Edge As Libya Brings Back 250,000 Bpd

  Published 03 April 2017 | viewed 14,424 times

  Crude oil production at the Sharara field in western Libya – the country’s biggest – has resumed, an anonymous source told Reuters, and the force…

• India Punishes Iran For Gas Field Decision Delay

  Published 03 April 2017 | viewed 13,945 times

  India is wagging its finger at Iran for delaying the license decision on a major gas field. Asia’s second-biggest oil market will reduce the amount…

• Indian Lenders Delay Rosneft’s Essar Acquisition Until April

  Published 31 March 2017 | viewed 7,053 times

  Some of the Indian banks that have lent to refiner Essar Oil have not yet approved its acquisition by a group of companies led by…

• CNOOC Takes On Australian Partner For African Exploration

  Published 31 March 2017 | viewed 6,391 times

  China’s CNOOC has struck a partnership deal with smaller Australian exploration company FAR for joint operations off the coasts of Senegal and Gambia, where the…

• Venezuela Oil Woes Cut Gasoline Exports to Cuba

  Published 31 March 2017 | viewed 11,732 times

  Venezuela’s problems are spreading to its trading partners: Cuba announced it will be cutting supplies of premium gasoline because of declines in imports from Venezuela.…

• Are Gulf Oil Producers Falling Into The ‘Venezuela Trap’?

  Published 30 March 2017 | viewed 35,036 times

  Oman has struck a deal with several banks for a $4 billion loan to be repaid in future oil deliveries. Abu Dhabi signed a contract with…

• Russia Reaches 2/3 Of Oil Output Cut Target

  Published 30 March 2017 | viewed 13,968 times

  Russia has cut crude oil production by 200,000 barrels daily, Energy Minister Alexander Novak said. That’s two-thirds of the amount it agreed to cut under…

• Venezuela Eyes Investment In Sudan’s Ailing Oil & Gas Sector

  Published 30 March 2017 | viewed 7,372 times

  Venezuelan and Sudanese government officials are discussing possible investments in the oil and gas industry of Sudan. Both countries are experiencing serious economic woes, Venezuela…