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Latest articles from Irina

• Desperate PDVSA Seeks To Swap $7 Billion In Bonds

  Published 14 September 2016 | viewed 5,998 times

  Venezuela’s embattled state-owned oil company PDVSA is seeking to swap US$7 billion worth of bonds maturing in the next two years in order to free…

• Mexico’s Pemex Boasts 6 New Offshore Oil Discoveries

  Published 14 September 2016 | viewed 21,416 times

  Mexico’s state-owned oil and gas company Pemex announced the discovery of six new oil deposits in the Gulf of Mexico, four of them in shallow…

• Iranian Expert Uses Climate Change To Pressure OPEC To Cut

  Published 13 September 2016 | viewed 12,207 times

  An Iranian energy expert has warned that the policy pursued by Saudi Arabia-led OPEC might end in an environmental disaster. More specifically, according to Mohammed…

• Repsol Sells 20% In Gas Natural For $4.2B

  Published 13 September 2016 | viewed 5,792 times

  Spain’s energy major Repsol and investment company Criteria Caixa have agreed to sell a 20-percent stake in utility Gas Natural for a total of US$4.27…

• IEA: Oil Demand Growth To Slow This Year

  Published 13 September 2016 | viewed 13,032 times

  The International Energy Agency (IEA) has forecast in its latest monthly Oil Market Report that global growth in crude oil demand will slow down faster…

• Anadarko Splashes US$2 Billion On Freeport Oil Assets

  Published 13 September 2016 | viewed 6,585 times

  Anadarko will pay US$2 billion to acquire a number of assets of mining giant Freeport-McMoRan in the Gulf of Mexico, the oil company said yesterday.…

• Game May Not Be Over For Barnett Shale

  Published 12 September 2016 | viewed 18,609 times

  France’s Total has beaten a private equity firm to Chesapeake Energy’s Barnett shale assets. The energy major last week said it had exercised its pre-emptive…

• Indian Oil Minister Expects Record-Breaking Surge In Crude Demand 2016

  Published 12 September 2016 | viewed 15,528 times

  India’s Petroleum Minister Dharmendra Pradhan expects the demand for crude oil in the country to rise in excess of 11 percent this year, thanks to…

• Lithuania Seeks Annulment Of Court Decision In Gazprom Dispute

  Published 12 September 2016 | viewed 4,592 times

  Lithuania is planning to sue Russia’s Gazprom for overinflated gas prices at a second court in Sweden, after losing an arbitration court case there. This…

• LNA Wrestles Control Of Three Libyan Oil Ports From PFG

  Published 12 September 2016 | viewed 15,627 times

  The Libyan National Army has taken control of three oil export terminals in the so-called Oil Crescent, wrestling them from the Petroleum Facilities Guard, which…

• China Releases Secret Data On Crude Oil Inventories

  Published 05 September 2016 | viewed 51,699 times

  China is bothering energy analysts and investors. It’s bothering them because it has been on a buying spree for crude in the last two years…

• Enbridge Gives Up $2.6B Oil Pipeline

  Published 02 September 2016 | viewed 11,367 times

  Forced by unfavorable market conditions and regulatory delays, Enbridge Energy will drop its planned pipeline project Sandpiper that was to transport crude oil from North…

• ISIS Oil Tanks Destroyed By Syrian Army

  Published 02 September 2016 | viewed 7,010 times

  A series of air strikes conducted by the Syrian army across the country ended with scores of militants dead and various vehicles destroyed, including a…

• Japan Considers Buying $10 Billion Chunk of Rosneft

  Published 02 September 2016 | viewed 6,531 times

  The Japanese government could become a shareholder in Russia’s oil giant Rosneft, as part of a broad cooperation in the energy sector. The investment that…

• Putin Has The Middle East In His Sights And It’s Not Just about Oil

  Published 01 September 2016 | viewed 22,293 times

  It has become perfectly clear by now that Russia is putting a lot of effort into building its relationship with Iran, focusing, of course, on…

• Radioactive Waste Found at Oil Field Landfill in North Dakota

  Published 01 September 2016 | viewed 17,807 times

  As if North Dakota hasn’t been the topic of numerous oil news headlines in recent weeks, it’s making headlines again—this time for some radioactive nuclear…

• The UN Backs Tribal Opposition To Dakota Access Pipeline

  Published 01 September 2016 | viewed 83,357 times

  The UN Permanent Forum on Indigenous Issues has backed a claim by the Standing Rock Sioux tribe that it should have a say in the…

• Election Results In OPEC’s Newest Member State Spark Violent Protests

  Published 01 September 2016 | viewed 6,877 times

  Clashes between supporters of Gabon’s opposition leader Jean Ping and security forces that began on Wednesday culminated in a fire set to the National Assembly…

• Petrobras Gets $11 Billion In Freed-Up Cash From Statoil

  Published 31 August 2016 | viewed 4,863 times

  Brazil’s embattled state oil giant Petrobras will get access to some US$11 billion in cash following the sale of exploration and production rights to the…

• Oil Slammed After EIA Reports Significant Crude Build

  Published 31 August 2016 | viewed 14,151 times

  Crude oil inventories in the U.S. rose by 2.3 million barrels to 525.9 million barrels last week, remaining at historically high levels for this time…