Irina Slav

Latest articles from Irina

• U.S. To Lease 76M Acres For Oil, Gas In Gulf Of Mexico

  Published 14 July 2017 | viewed 8,665 times

  The U.S. government will offer 75.9 million acres to oil and gas exploration companies in the upcoming lease sale auction, to take place on August…

• API Reports 62% Jump In Oil, Gas Drilling In Q2

  Published 13 July 2017 | viewed 12,603 times

  The American Petroleum Institute reported a 62-percent annual increase in oil and gas drilling in the second quarter of 2017 in the United States. For…

• UK Proposes Relaxed Rules For Aramco IPO

  Published 13 July 2017 | viewed 3,965 times

  The UK Financial Conduct Authority, the country’s financial markets regulator, has proposed a change in rules for the listing of new companies in a bid…

• China Reports 14% Increase In H1 Crude Oil Imports

  Published 13 July 2017 | viewed 12,119 times

  Chinese customs data has revealed that the world’s second-largest consumer of crude oil imported 8.55 million barrels of oil daily during the first half of…

• Investors Pledge US$2B In Mexico Onshore Oil

  Published 13 July 2017 | viewed 5,394 times

  Energy companies that took part in two onshore oil and gas exploration tenders in Mexico yesterday have pledged total investments of US$2 billion for the…

• Is A Global Oil Deficit Looming?

  Published 12 July 2017 | viewed 19,429 times

  The world is heading towards an oil deficit, if we are to believe recent headlines quoting the chief executive of Saudi Aramco, Amin Nasser. There…

• China Moves Closer To Launching Oil Benchmark

  Published 12 July 2017 | viewed 13,904 times

  Oil futures trading in China is set to finally start later this year after several delays, providing one of the world’s top consumers with a…

• Significant Draw In Crude Inventories Jolts Oil Prices

  Published 12 July 2017 | viewed 22,457 times

  A day after the American Petroleum Institute lifted spirits with an estimated crude oil inventory draw of 8.133 million barrels, the Energy Information Administration added…

• Saudis Poised To Make Largest Crude Export Cut This Year

  Published 12 July 2017 | viewed 16,416 times

  Saudi Arabia plans to cut its August crude oil exports by 600,000 bpd, according to an industry source from the Kingdom who spoke to Reuters.…

• World’s Biggest Oil Traders Zero In On Shale Hot Spots

  Published 11 July 2017 | viewed 17,762 times

  U.S. shale oil is in the spotlight once again, this time not as a deterrent to a price improvement, but as the future of the…

• U.S. To Be A Top-Ten Oil Exporter In Three Years

  Published 11 July 2017 | viewed 7,097 times

  PIRA Energy has predicted that U.S. crude oil exports will top 2 million barrels by 2020, reaching 2.25 million bpd. That’s more than what most…

• Balance Of Oil Power Shifts Away From OPEC

  Published 11 July 2017 | viewed 8,350 times

  The balance of powers in the world of oil has shifted away from OPEC and towards the Americas, particularly the United States. This is what…

• Strong Demand Expectations To Lift Oil Prices

  Published 11 July 2017 | viewed 18,012 times

  Optimism about crude oil demand in the coming weeks has helped prices to recover somewhat, but the sustainability of the improvement is highly uncertain. Bank…

• Citi: Demand Growth Could Push Oil To $60 By Christmas

  Published 10 July 2017 | viewed 25,218 times

  Crude oil prices could jump to US$60 a barrel by this year’s end thanks to growing demand and lower OPEC supply, according to Citigroup’s senior…

• World’s Third Largest Oil Importer Secures Deal With U.S.

  Published 10 July 2017 | viewed 14,979 times

  Indian Oil Corp. will take delivery of more than a million barrels of U.S. heavy crude in October—the first U.S. crude oil purchase by an…

• OPEC: Further Cuts Off The Table

  Published 10 July 2017 | viewed 16,924 times

  No further oil output cuts are on the agenda for the July meeting of the ministerial committee set up to monitor compliance with the OPEC-non-OPEC…

• Is Arctic Drilling Still Profitable For Norway?

  Published 09 July 2017 | viewed 11,860 times

  Arctic drilling may become unprofitable for Norway if oil prices continue to fall, says a new report looking into the best and worst scenarios for…

• Oil No Longer Decisive Factor In Emerging Market Performance

  Published 09 July 2017 | viewed 13,810 times

  Oil is increasingly losing relevance in the performance of emerging market assets including, equities—and now, bonds and currencies. What’s more, the technology sector is apparently…

• Mexico Sees Another Four Oil Tenders By End-2018

  Published 07 July 2017 | viewed 8,870 times

  Mexico is planning to hold four more oil and gas block tenders by November 2018 as part of efforts to ensure the sustainability of its…

• Tesla To Install World’s Largest Lithium-Ion Battery Storage Project

  Published 07 July 2017 | viewed 12,436 times

  Back in March, Elon Musk made a bet: he said that Tesla could install an energy storage system in Australia that would help prevent blackouts…