Irina Slav

Latest articles from Irina

• Iraq Emerges As India’s Top Oil Supplier

  Published 17 May 2017 | viewed 6,379 times

  India imported more than 1 million bpd from Iraq last month, which made OPEC’s second-largest producer the top crude supplier to the Asian economy, data from…

• Oil Prices Edge Higher As U.S. Oil Inventories Fall Again

  Published 17 May 2017 | viewed 26,711 times

  Amid fresh hopes that the extension of the OPEC production cut deal might actually do the trick, the Energy Information Administration reported a fresh draw…

• Tullow Strikes More Oil In Kenya

  Published 17 May 2017 | viewed 10,891 times

  Tullow Oil has announced a find in the Emekuya-1 oil well in the South Lokichar basin in the northwestern part of the country. The exploration well…

• Trump-Xi Deal Could Fuel A U.S. LNG Boom

  Published 16 May 2017 | viewed 23,089 times

  When President Trump came into office, he openly resented the major trade deficit with Asia’s number-two economy and vowed to remedy the situation. While his…

• Global Oil Supplies Inch Down In April: IEA

  Published 16 May 2017 | viewed 9,696 times

  Global crude oil supply inched down by 140,000 barrels daily last month, to 96.17 million bpd, the International Energy Agency said in the latest edition of…

• OPEC Export Revenues Down 15% In 2016

  Published 16 May 2017 | viewed 5,933 times

  The Energy Information Administration has estimated that the oil export revenues of OPEC members last year declined by 15 percent on 2015 to US$433 billion, on…

• Russian Oil Companies Won’t Receive Compensation For Cut Extension

  Published 16 May 2017 | viewed 6,804 times

  Russia’s oil companies that are taking part in the OPEC-led production cut effort will not receive any compensation for the reduced output, Energy Minister Alexander…

• Floating Oil Storage Down By A Third: OPEC Source

  Published 15 May 2017 | viewed 15,453 times

  Floating oil storage globally declined by a third in the first quarter of the year, an unnamed source from OPEC told Reuters. The statement supports…

• Libyan Oil Output Tops 800,000 Bpd

  Published 15 May 2017 | viewed 8,676 times

  Ahead of the OPEC meeting on May 25 when the cartel will officially announce an output cut extension into 2018, Libya reported its daily crude…

• Oil Jumps As Saudis And Russians Agree To Extend OPEC Deal Into 2018

  Published 15 May 2017 | viewed 18,901 times

  What Saudi Arabia’s Oil Minister said in March will not happen, has happened: in a joint statement, Khalid al-Falih and his Russian counterpart Alexander Novak…

• Power Of Siberia Pipeline Ahead Of Schedule

  Published 15 May 2017 | viewed 16,650 times

  The Power of Siberia gas pipeline that will carry Russian natural gas to China is moving ahead of schedule, with 720 km of the 3,000-km…

• Here’s Why You’ll Pay Higher Gas Prices Whatever The Market

  Published 13 May 2017 | viewed 16,877 times

  The average gasoline tax in the U.S. is 49.5 cents per gallon, according to data from the American Petroleum Institute. That’s not too bad as far…

• China Agrees to Receive More U.S. Gas, Goods

  Published 12 May 2017 | viewed 12,252 times

  Donald Trump and Xi Jinping have agreed that China will increase the imports of U.S. natural gas along with other products such as agricultural goods.…

• Neptune Buys North Sea Gas Assets Worth Billions

  Published 12 May 2017 | viewed 6,727 times

  Yesterday, private-equity backed UK-based firm Neptune struck a deal to buy the North Sea gas assets of French Engie along with other operations for US$3.9…

• Q1 Profit Helps Petrobras Slim Down Debt Ahead of Schedule

  Published 12 May 2017 | viewed 5,568 times

  The first quarter of the year turned out good for Brazil’s embattled state energy major Petrobras. The company reported a net profit of US$1.417 billion,…

• Oil Edges Higher As OPEC Reaches Consensus On Cut Extension

  Published 11 May 2017 | viewed 16,127 times

  OPEC members and their partners in the oil production cut agreements from last November and December have reached a consensus to extend the deal until…

• Saudi Arabia’s Budget Deficit Shrinks By 71% On Higher Oil Prices

  Published 11 May 2017 | viewed 8,536 times

  Higher international oil prices helped Saudi Arabia shrink its budget deficit by 71 percent from the first quarter of 2016 to US$6.9 billion (26 billion…

• Toronto Exchange Still In The Running For Aramco IPO

  Published 11 May 2017 | viewed 4,281 times

  The Toronto stock exchange is still in talks with Aramco regarding the possibility of listing the shares of the Saudi energy giant on the Canadian…

• Russian Producers Fall Behind As Big Oil Booms

  Published 10 May 2017 | viewed 13,627 times

  While Big Oil beat analyst expectations with its first-quarter performance, Russia’s biggest player in the field, Rosneft, missed expectations, reporting US$200 million in net profits…

• Russia’s Oil Exports To India Double In 2017 On OPEC Cuts

  Published 10 May 2017 | viewed 9,810 times

  Russian crude oil exports to India since the start of the year have topped 1 million tons (7.3 million barrels) and will in all likelihood…