Irina Slav

Latest articles from Irina

• Oil Prices Continue Their Rally As EIA Reports Surprise Draw

  Published 05 October 2016 | viewed 27,748 times

  Crude oil inventories in the U.S. reached 499.7 million barrels in the week to September 30, the EIA reported, down by 3 million barrels from…

• Lower Oil Income Cuts Out US$9B From Iraq’s Forex Reserves

  Published 05 October 2016 | viewed 5,338 times

  Persistently low oil prices have wiped out US$9 billion from Iraq’s foreign exchange reserves over the past 12 months. The current figure is US$50 billion,…

• China, U.S. Mull Plans to Halt Coal & Oil Shipments to North Korea

  Published 05 October 2016 | viewed 4,969 times

  The U.S. and China are discussing measures to contain North Korea’s nuclear drive, after the country announced its fifth nuclear missile test in early September.…

• Could Clinton And Big Oil Have Changed Ghana’s Oil Story?

  Published 04 October 2016 | viewed 9,961 times

  Seven years ago, Ghana was about to become the next thriving economy, basking in the wealth generated by its newly discovered oil and gas. But…

• Abu Dhabi Oil Company Consolidates Offshore Operations

  Published 04 October 2016 | viewed 8,110 times

  The Abu Dhabi National Oil Co said it would consolidate two of its offshore divisions in a bid to become “more agile” amid the current…

• Petroperu To Restart Disaster Oil Pipeline In 2017

  Published 04 October 2016 | viewed 6,848 times

  Petroperu will restart early next year the operation of its four-decades-old crude oil pipeline, which has caused several major leaks in the Amazon, after completing…

• Trafigura Ships Chinese Gasoline To U.S.

  Published 04 October 2016 | viewed 5,815 times

  Commodity trading behemoth Trafigura is shipping a load of 375,000 barrels of gasoline to the U.S. East Coast, where a jump in fuel prices has…

• This $16B Project Could Add Up To 200,000 Bpd To Nigerian Output

  Published 03 October 2016 | viewed 7,028 times

  Nigeria’s daily crude oil output may increase by 200,000 barrels by the end of March 2018, the Nigerian National Petroleum Corporation said. The new output…

• Shell, Chevron Drop Off Platts Top 10 Energy Firm List

  Published 03 October 2016 | viewed 14,512 times

  Shell and Chevron were among the international oil giants that fell off the top 10 companies of 2016 in the S&P Platts’ annual ranking of…

• Russia Oil Output Rises To New Heights In September

  Published 03 October 2016 | viewed 9,105 times

  Russian crude oil production in September rose to a new high of 11.11 million barrels per day, up 4 percent on August, figures from the…

• Enbridge Sells Key Pipeline for $1 Billion

  Published 30 September 2016 | viewed 8,241 times

  Canadian pipeline giant Enbridge has agreed to offload one of its key networks, in Saskatchewan, for US$1.08 billion. The buyer is Tundra Energy, a private…

• Australian PM Slams Local States for Aggressive Renewables Targets

  Published 30 September 2016 | viewed 3,996 times

  Australia’s Prime Minister has lashed out at state governments for their “extremely unrealistic” renewable energy targets. Speaking at a news conference in Tasmania, Malcom Turnbull…

• Is The Eagle Ford About To Stage A Comeback?

  Published 29 September 2016 | viewed 17,988 times

  Eagle Ford has quietly slipped out of the shale boom spotlight over the past couple of years, its place now taken by its Texas neighbor,…

• Iraq First To Undermine Hopes Of OPEC Deal Success

  Published 29 September 2016 | viewed 12,596 times

  No sooner was the oil output freeze agreement by OPEC members announced than the first problem with it emerged. Namely, Iraq has questioned the way…

• Goldman Sachs: OPEC Freeze Could Add $10 To Oil Prices

  Published 29 September 2016 | viewed 32,222 times

  Oil barrel prices could climb between US$7 and US$10 by the end of the first half of 2017, according to Goldman Sachs analysts. Yesterday, OPEC…

• Trudeau Pushes Through LNG Megaproject Despite Environmental Concerns

  Published 28 September 2016 | viewed 13,699 times

  The Canadian federal government has given the green light to the $8-billion Pacific NorthWest LNG project, proposed by Malaysia’s Petronas three years ago. The decision…

• Billionaire Investor And Det Norske Owner Browsing For New Oil Assets

  Published 28 September 2016 | viewed 7,463 times

  The owner of Norway’s Det Norske Oljeselkap is looking for new acquisition opportunities, and money is apparently a non-issue. According to Bloomberg, billionaire investor Kjell…

• EIA Reports Yet Another Big U.S. Crude Draw

  Published 28 September 2016 | viewed 17,930 times

  Crude oil markets got a boost of optimism from the EIA today, when the agency reported a 1.9-million-barrel decline in commercial crude inventories in the…

• Hopes For Output Freeze Dwindle As Iran Refuses Saudi Offer To Cap Production

  Published 28 September 2016 | viewed 10,148 times

  Unless a miracle happens, there is zero chance of OPEC and Russia agreeing an oil output freeze in Algiers, after Iran refused to take Saudi…

• Pipeline Battle Set To Harm U.S. Energy Independence

  Published 27 September 2016 | viewed 9,889 times

  Protests against new oil and gas pipeline construction are becoming more or less part of everyday life in the U.S. and Canada. Keystone XL, Dakota…