Irina Slav

Latest articles from Irina

• Has The EIA Been Overestimating Oil Production?

  Published 20 September 2017 | viewed 21,082 times

  The Energy Information Administration is overestimating U.S. crude oil production, Continental Resource’s chief executive Harold Hamm said today in an interview with Fox Business. Hamm…

• Is Artificial Intelligence The Next Step In Total's Tech Push?

  Published 20 September 2017 | viewed 9,225 times

  France’s top oil player Total has once again demonstrated that it is wasting no time to prepare for the future realities of an increasingly green,…

• EIA Report Kills Bullish Sentiment

  Published 20 September 2017 | viewed 24,151 times

  Amid restarting refineries along the Gulf Coast and growing optimism about strengthening demand, the EIA dampened spirits somewhat by reporting a substantial increase in crude…

• Gulf Keystone Plans Further Oil Output Increase In Kurdistan

  Published 19 September 2017 | viewed 6,057 times

  Independent E&P Gulf Keystone, whose operations are concentrated in Kurdistan, said it has enough cash flow to invest in further crude oil output production in…

• Venezuela’s Crisis Deepens As Hurricane Approaches

  Published 19 September 2017 | viewed 10,849 times

  Oil traders have started to divert fuel shipments from their original destination in Venezuela as Hurricane Maria approaches the Caribbean, Reuters vessel tracking data has…

• Tension Rises In Oil-Rich Kurdistan

  Published 19 September 2017 | viewed 5,737 times

  Ethnic tensions are heating up in Kirkuk, the center of northern Iraq’s oil industry, ahead of an independence referendum that the Kurdistan Regional Government has…

• The Chinese Giant Taking Over Energy Markets

  Published 18 September 2017 | viewed 13,274 times

  Last week’s announcement of the US$9-billion acquisition by Chinese CEFC of a more than 14-percent stake in Rosneft sent ripples across the oil industry and…

• Iran Eyes US$60B In Renewables Revenue By 2023

  Published 18 September 2017 | viewed 6,869 times

  Less than two years after it returned to the international oil markets, Iran is quick to embrace the alternative of oil: renewable energy sources. The…

• Oil Price Volatility Is Set To Return

  Published 18 September 2017 | viewed 34,298 times

  Oil markets could experience more intense price volatility in the coming years because of insufficient investment in new production, according to the head of the…

• Shell To Restart Major Oil Refinery

  Published 18 September 2017 | viewed 9,621 times

  Shell is set to restart its 325,700-bpd Deer Park refinery in Texas, after shutting it down for three weeks during and after Hurricane Harvey’s sweep…

• China Cracks Down Oil Smuggling Network

  Published 15 September 2017 | viewed 6,040 times

  Chinese authorities have busted an oil smuggling group in the Fujian Province, in eastern China, that has since the start of the year smuggled fuel…

• Aramco IPO Remains On Track, Company Says

  Published 15 September 2017 | viewed 4,608 times

  Aramco’s initial public offering remains on track for next year, the company told UAE’s The National in an email, following a report that suggested the…

• South Korea To Begin Phasing Out Nuclear Plants

  Published 15 September 2017 | viewed 7,897 times

  South Korea is eyeing independence from nuclear energy, to be implemented gradually over the next six decades, as it seeks to switch to safer clean…

• BP Extends Monumental Azeri Oil Field Contract Until 2050

  Published 14 September 2017 | viewed 5,573 times

  A BP-led consortium today inked an extension to its production sharing agreement with the Azeri government for the development of the Azeri-Chirag-Gunashli oil field group…

• Venezuela Suspends Trade In U.S. Dollars

  Published 14 September 2017 | viewed 14,679 times

  Venezuela has told oil traders it will no longer accept or offer U.S. dollars in payment for crude oil and fuels, the Wall Street Journal…

• The Biggest IPO In History To Be Delayed

  Published 14 September 2017 | viewed 7,931 times

  What’s been dubbed the biggest IPO in history, Saudi Aramco’s 5-percent listing, could take place later than initially planned, sources familiar with the deal told…

• Plastics Won’t Save Oil

  Published 13 September 2017 | viewed 18,252 times

  Petrochemicals are Big Oil’s big hope for the future—the distant future. Petrochemicals are used in thousands of products, with the biggest group among these being…

• Alberta Wildfires Shut Down 24 Shell Gas Wells

  Published 13 September 2017 | viewed 7,416 times

  Wildfires raging in southwestern Alberta have prompted Shell to shut down 24 natural gas wells and pipelines around them, Canadian media reported, adding that other…

• Mexico’s Biggest Refinery Will Take A Month To Restart

  Published 13 September 2017 | viewed 7,534 times

  The largest crude oil refinery in Mexico, Salina Cruz, will take between three and four weeks to bring back online after the magnitude-8 earthquake that…

• Oil Prices Rise On Huge Draw In Gasoline Stocks

  Published 13 September 2017 | viewed 17,561 times

  Crude oil prices inched up after the EIA reported a smaller-than-expected build of 5.9 million barrels in crude oil inventories for the week to September…