Irina Slav

Latest articles from Irina

• Libyan NOC Sounds Alarm For Illegal Sales

  Published 27 March 2017 | viewed 5,307 times

  Libya’s National Oil Corporation warned in a statement yesterday that it had detected attempts for illegal sales of crude oil from “a group of individuals.”…

• Pro-Extension Voices In OPEC Become Louder

  Published 27 March 2017 | viewed 13,846 times

  In a statement, the joint committee of seven oil ministers from the parties to the cut said that the deal could be extended for another…

• Is The Private Equity Oil Rush Back On?

  Published 26 March 2017 | viewed 12,742 times

  Private equity funds are back in the oil game with piles of cash to spend, emboldened by oil prices of around $50 a barrel, even…

• Self-Driving Cars May Just Be the Start

  Published 26 March 2017 | viewed 13,827 times

  The self-driving car race has been intensive, especially recently, with new partnerships being announced on a regular basis as tech companies team up with carmakers…

• Argentine Firm Plans $2.3B Investment In Vaca Muerta Shale

  Published 24 March 2017 | viewed 9,257 times

  Argentine exploration and production firm Tecpetrol has plans to invest $2.3 billion on gas exploration in the massive Vaca Muerta shale formation. As part of…

• Canadian Province Reviews Oil Pipeline Standards After Spill

  Published 24 March 2017 | viewed 6,772 times

  Saskatchewan will review the engineering standards and other rules for crude oil pipelines following a more than 200,000-liter crude oil spill from a Husky Energy-operated…

• Nigeria Accelerates Visa Procedure for Business Execs

  Published 24 March 2017 | viewed 4,749 times

  In a bid to attract more foreign investment, Nigeria’s government has introduced a new, faster visa application procedure that will allow executives traveling there on…

• Statoil Aims For Top Dog In Deepwater Drilling

  Published 23 March 2017 | viewed 6,189 times

  Statoil has won 13 exploration licenses in the Gulf of Mexico, saying this marks a reset of its campaign in the area. The Norwegian company…

• PetroChina Mulls $85 Billion Spinoff

  Published 23 March 2017 | viewed 10,762 times

  PetroChina may be considering a spinoff for its oil and gas pipeline business, which could be worth as much as $85 billion, according to investment…

• Ottawa Loans Alberta $22.5M To Clean Up Orphan Wells

  Published 23 March 2017 | viewed 4,694 times

  The central Canadian government has allocated US$22.5 million (C$30 million) in financial aid for the province of Alberta in its new budget, in a bid…

• Are Banks About To Derail The New U.S. Shale Boom?

  Published 22 March 2017 | viewed 22,918 times

  Just when international oil benchmarks are sliding down, banks are preparing to review the credit lines of U.S. E&Ps. Starting in April, lenders will reassess…

• Goldman Sachs: OPEC’s Influence On Oil Prices Is Dwindling

  Published 22 March 2017 | viewed 15,882 times

  In a research note, Goldman Sachs has effectively demoted OPEC from a price setter to a mere inventory manager, with the cartel’s long-term control over…

• Crude Inventory Build Sends Oil Prices Into A Nosedive

  Published 22 March 2017 | viewed 15,009 times

  Amid growing worry about the direction that oil prices are heading into, the Energy Information Administration reported a 5-million-barrel build in U.S. commercial oil inventories…

• A Sign Of Slowing Demand? Chinese Refiners Reach Crude Import Quota

  Published 21 March 2017 | viewed 9,976 times

  China’s independent refiners known as teapots have used up the amount of imported crude that the government allocated to them in January, which means imports…

• Japan Oil Refiners Fear Chinese Rivals Will Squeeze Them Out

  Published 21 March 2017 | viewed 5,600 times

  Japanese oil refiners are worrying that China’s new fuel standards that are driving higher output will ultimately result in a deadly loss of market share…

• New China-Myanmar Oil Route Nears Launch

  Published 21 March 2017 | viewed 4,589 times

  A pipeline that will carry crude oil from the coast of Myanmar to southwest China is nearing its start as the two countries settle their…

• Is China The Next Key Influencer In The Middle East?

  Published 20 March 2017 | viewed 10,583 times

  Saudi Arabia’s king Salman last week invited Beijing to take a more active part in Middle East politics and in response, the Chinese Foreign Ministry…

• $5.6B Loan Approved For Glencore, Qatar Rosneft Stake Buy

  Published 20 March 2017 | viewed 9,658 times

  Italy’s Financial Security Committee has approved a $5.6-billion (5.2-billion-euro) loan from Intesa SanPaolo to Glencore and the Qatar Investment Authority for the acquisition of a…

• Who Gets Control Of Libya’s Oil As The Guns Go Silent?

  Published 20 March 2017 | viewed 18,334 times

  The Libyan National Oil Corporation expects to soon regain control over the Es Sider and Ras Lanuf oil terminals, which were the point of clashes…

• Thailand’s PTT Looking To Spend $11B On Oil, LNG Projects

  Published 20 March 2017 | viewed 8,444 times

  Thailand’s state-owned oil and gas company PTT is seeking investment opportunities for its $11 billion in cash and marketable securities to make up for the…