Irina Slav

Latest articles from Irina

• Maduro Shuffles PDVSA Management, Oil Minister

  Published 25 August 2017 | viewed 5,127 times

  As investors wait to see if PDVSA will default on about US$3.5 billion in debt due this fall and push oil prices up, Nicolas Maduro…

• Big Oil Shuts Down Gulf Of Mexico Production Ahead Of Storm

  Published 24 August 2017 | viewed 13,988 times

  Shell, Exxon, and Anadarko are reducing production in the Gulf of Mexico ahead of a storm that the U.S. National Hurricane Center said yesterday will…

• Shell Launches Second Phase Of Major Nigerian Gas Project

  Published 24 August 2017 | viewed 8,870 times

  Shell has begun pumping natural gas from the second phase of development at the Gbaran-Ubie Niger Delta project. The gas from the expanded project will…

• Is New York About To Face An Energy Crisis?

  Published 24 August 2017 | viewed 16,620 times

  Amid the fracking boom that brought natural gas prices to historic lows and led to the transition of a lot of power generation capacity from…

• Forget OPEC, China Controls Oil Prices

  Published 23 August 2017 | viewed 52,513 times

  U.S. shale has taken a lot of headline space recently as the biggest headwind for oil prices and the highest stumbling block for OPEC’s efforts…

• Can Mexico Replicate The U.S. Shale Boom?

  Published 23 August 2017 | viewed 15,024 times

  Natural gas has been hailed as the bridge between fossil fuels and renewables. Global gas demand has been growing at an average annual 2.3 percent…

• Microsoft, Halliburton Partner To Digitize Oil And Gas Industry

  Published 23 August 2017 | viewed 11,885 times

  Halliburton and Microsoft have struck a partnership that will see the oil industry transform in radical ways, Microsoft said in a statement, digitizing a massive…

• Libya’s Largest Oilfield Offline, Amid Uncertainty, ISIS Beheadings

  Published 23 August 2017 | viewed 10,073 times

  Libya’s largest oilfield, the Sharara, remains offline despite contradictory news reports this morning suggesting that exports would resume. Weighing in on oil price uncertainty, market…

• Mexico Launches Its First Gas Price Index

  Published 23 August 2017 | viewed 5,043 times

  Mexico’s energy regulator has announced the first publication of a natural gas wholesale price index for the first time since introducing sweeping energy reforms, with…

• EIA Spreads Optimism With Double Draw

  Published 23 August 2017 | viewed 21,627 times

  A day after API’s estimate of oil and gasoline inventories pressured prices, the EIA gave the market cause for optimism by reporting not only a…

• BHP Billiton Seeking Buyers For U.S. Shale Oil Assets

  Published 22 August 2017 | viewed 9,208 times

  BHP Billiton is seeking buyers for its U.S. shale oil and gas operations after deciding that this business is non-core. The company will retain its…

• Sailors’ Bodies Found After Oil Tanker, Destroyer Crash

  Published 22 August 2017 | viewed 4,537 times

  Divers from the U.S. Navy and the Marine Corps have found the remains of some of the 10 missing sailors from the USS John S…

• Colombia Looks At Shale As Oil Reserves Plunge

  Published 21 August 2017 | viewed 16,875 times

  Colombia’s oil production has been falling for the last four years. It’s not just the 2014 price crash that pressured output: The country’s fields are…

• Two Oil Giants Merge In $7.45 Billion Deal

  Published 21 August 2017 | viewed 19,177 times

  French Total today announced the acquisition of Danish Maersk Oil in a stock and debt transaction worth US$7.45 billion. The bigger portion of the deal,…

• Oil Tanker, U.S. Destroyer Collide In Singapore Strait

  Published 21 August 2017 | viewed 5,116 times

  The USS John S McCain, a guided missile destroyer, collided with an oil tanker sailing under a Liberian flag in the Strait of Singapore on…

• Indonesia’s Ailing Oil Sector Needs Urgent Overhaul

  Published 20 August 2017 | viewed 11,912 times

  Indonesia’s oil industry is languishing, it’s fields are depleting and it desperately needs investment, but unlike another up-and-coming oil major—Argentina—it’s not willing to do what…

• Climate Change Opens Up Shorter Arctic Passage For LNG

  Published 18 August 2017 | viewed 7,807 times

  The Cristophe de Margerie, an LNG carrier commissioned by French Total, has become the first tanker to pass the Arctic unaided and is now en…

• Chevron Folds In Landmark Australia Tax Lawsuit

  Published 18 August 2017 | viewed 6,531 times

  Chevron has settled with the Australian Tax Office in a lawsuit seeking penalties against the oil major for tax evasion. The size of the settlement…

• Venezuelan Oil Tanker Trapped In US Waters With No Credit

  Published 18 August 2017 | viewed 20,179 times

  A Suezmax tanker carrying about a million barrels of Venezuelan crude oil has been sitting near the Louisiana coast for a month now, awaiting a…

• Angolan Oil Confident Ahead Of Critical Elections

  Published 17 August 2017 | viewed 6,561 times

  After Angola’s critical elections, the oil will still flow, unabated—despite talk of a potential opposition upset. Angola is—on any given day—Africa’s first or second-largest producer.…