Irina Slav

Latest articles from Irina

• Niger Delta Chief Calls On Avengers To Stop War

  Published 06 November 2017 | viewed 5,100 times

  After on Friday the Niger Delta Avengers threatened oilfield operators in the region with a “brutish, brutal and bloody” end to the ceasefire agreed earlier…

• Is $60 Oil Too Tempting For OPEC?

  Published 05 November 2017 | viewed 27,685 times

  Last week, a Bloomberg energy journalist tweeted from Riyadh, wondering why there are no mass celebrations of the fact that Brent was coming closer to…

• Exxon Splashes Big On Renewables

  Published 03 November 2017 | viewed 8,986 times

  ExxonMobil, the world’s biggest public oil company that has come under fire for concealing its knowledge about the effects of the oil industry on climate…

• Venezuela Desperate For Debt Restructure

  Published 03 November 2017 | viewed 7,354 times

  Venezuela will seek options for restructuring its debt after state-owned PDVSA pays US$1.2 billion on a bond that matured yesterday. This is what the country’s…

• Big Oil CEO Slams Saudi Energy Reform

  Published 03 November 2017 | viewed 11,928 times

  Total’s chief executive Patrick Pouyanne has warned that Saudi Arabia’s social and economic reforms might be a bit too ambitious, and might not go as…

• BP Boosts The Bullish Case For Oil

  Published 02 November 2017 | viewed 22,831 times

  BP is buying back shares the company issued to cover its dividend payout amid the oil price crash. The news was widely seen as a…

• Climate Change Fight Is Bad News For Refineries

  Published 02 November 2017 | viewed 7,983 times

  International government efforts to slow down the rate of climate change would have a dramatic impact on the world’s oil refining industry, a new report…

• U.S. Oil Exports Hit A Record High

  Published 02 November 2017 | viewed 16,408 times

  Crude oil exports from the United States hit another record last week, at 2.133 million bpd, as production also continued growing, the Energy Information Administration…

• Tesla Still Struggling With Production, But Skies Are Beginning To Clear

  Published 02 November 2017 | viewed 4,478 times

  After releasing its worst quarterly figures ever, Tesla said it will delay the full-scale production of its Model 3 to early 2018, from December this…

• OPEC vs. U.S. Shale: The Battle For Asian Market Share

  Published 01 November 2017 | viewed 20,663 times

  Early in October, OPEC’s chief, Mohammed Barkindo, appeared to be unfazed by growing U.S. crude oil shipments to OPEC’s key market, Asia. The official said…

• U.S. Gasoline Demand Climbs To Record Highs

  Published 01 November 2017 | viewed 19,128 times

  Gasoline demand in the United States reached the highest level on record in August this year, at 9.77 million bpd, or up by 83,000 bpd from August…

• Oil Prices Fly Higher On EIA Report

  Published 01 November 2017 | viewed 24,371 times

  The Energy Information Administration confirmed a draw in crude oil inventories, boosting the rally of WTI that almost brought the U.S. benchmark to US$55 a…

• Canadian Oil Drilling To Grow In 2018: Petroleum Association

  Published 01 November 2017 | viewed 8,053 times

  Crude oil drilling in Canada will increase next year, the Petroleum Services Association of Canada said in a report, adding that the increase in 2018…

• The Oil And Gas Industry Is Hiring Again

  Published 31 October 2017 | viewed 45,771 times

  The oil and gas industry is hiring more than it’s letting go for the first time in three years, a new report from recruitment firm…

• Cautious Optimism Keeps Oil Over $60

  Published 31 October 2017 | viewed 11,208 times

  Brent remained at over US$60 a barrel today, with WTI a bit over US$54 a barrel, but prices have begun to drag because of the…

• Railway Company Lawsuit Highlights Dangers Of Oil By Rail

  Published 31 October 2017 | viewed 5,934 times

  Norfolk Southern Railway is suing a company that manufactures railroad ties because it didn’t use the right protective coating for the ties, and now Norfolk…

• Alaska Watchdog Orders Oil Well Shut-Downs

  Published 31 October 2017 | viewed 6,971 times

  The Alaska Oil and Gas Conservation Commission has ordered oilfield operators in the North Slope to shut down wells with a design similar to one…

• Violence Ensues Following Kurdistan President Resignation

  Published 30 October 2017 | viewed 8,107 times

  Kurdistan’s President Masoud Barzani announced his resignation three days before the end of his term in office, with violence erupting against the autonomous region’s parliament,…

• Chevron Cancels Plan To Exit Bangladesh Gas Field

  Published 30 October 2017 | viewed 6,589 times

  Chevron has decided to keep its presence in Bangladesh, the company said in a statement yesterday without elaborating on the motive behind this decision. Earlier…

• Sanctions Force Rosneft To Shut Down Oil Project

  Published 30 October 2017 | viewed 13,310 times

  Economic sanctions against Russia have made the offshore Yuzhno-Chernomorsky oil field economically unfeasible, and Rosneft will now suspend exploration in the area for five years,…