Irina Slav

Latest articles from Irina

• Permian Springs To Life With $50 Oil

  Published 06 June 2016 | viewed 25,762 times

  Last week saw the first significant increase in the number of active drilling rigs in the U.S. since the start of this year, suggesting that…

• Colombian Oil Patch Needs $70 Billion To Survive

  Published 05 June 2016 | viewed 11,784 times

  Colombia’s energy industry needs $70 billion in fresh investments over the next ten years just to survive, according to the head of the country’s oil…

• Iran Eyes $185 Billion In Foreign Investment With New Contracts

  Published 02 June 2016 | viewed 12,331 times

  Iran has been eager to restart the full-scale development of its oil and gas reserves since the lifting of economic sanctions early this year, and…

• Oil Industry Drove US Wage Growth. Now that Is Over

  Published 01 June 2016 | viewed 8,132 times

  A report from Pew Research Center reveals that between the third quarter of 2000 and the same period of last year, wages across the U.S.…

• There Is No Moving Exxon From Its Climate Change Position

  Published 01 June 2016 | viewed 7,029 times

  A nun from an influential interfaith coalition with U.S. $100 billion in assets that include a stake in ExxonMobil is pushing for change, but the…

• Chinese Company Makes a Splash in Texas Shale

  Published 29 May 2016 | viewed 19,186 times

  Chinese conglomerate Yantai Xinchao has US$1 billion to blow and is looking to buy oil-producing assets in the Permian Basin as it moves aggressively to…

• Rising Oil Prices May Hit Asian Consumers

  Published 29 May 2016 | viewed 10,706 times

  For growing Asian economies, the oil price drop that started in mid-2014 was very welcome. It allowed them to cut petrol subsidies that were taking…

• Why The Bust For Offshore Drillers Might Last Another 2 Years

  Published 26 May 2016 | viewed 11,705 times

  Statoil cancelled a contract for a drillship with Seadrill, which it had intended to use for drilling operations in the Atlantic, near Newfoundland. The cancellation…

• Clinton Chasing Votes With Fracking U-Turn

  Published 26 May 2016 | viewed 17,168 times

  Leaked emails obtained by The Intercept reveal Hillary Clinton’s multiple stances on fracking—which apparently differ depending on whether we’re talking about fracking on U.S. soil…

• 2015 Worst Year For Oil Discoveries Since 1952

  Published 25 May 2016 | viewed 22,588 times

  A report by Rystad Energy has revealed that new oil discoveries in 2015 totaled 12.1 billion barrels, which is the least amount of new oil…

• China Moves Into U.S. Wind Sector

  Published 24 May 2016 | viewed 14,470 times

  Chinese wind turbine maker Goldwind announced that it bought the Rattlesnake wind power project in Texas from Renewable Energy Systems for an undisclosed amount, making…

• International Markets Prove Hard To Conquer For U.S. LNG

  Published 19 May 2016 | viewed 12,290 times

  The latest drilling productivity report from the Energy Information Administration (EIA) has shown that the Marcellus shale continues to be the largest source of natural…

• Iraq Facing Perfect Storm

  Published 18 May 2016 | viewed 14,283 times

  Iraq has been pumping oil at record-high rates since the start of the year, with daily output reaching 4.31 million barrels last month, most of…

• Brazil’s New Foreign Minister Suspected Of Dubious Dealings With Chevron

  Published 17 May 2016 | viewed 13,845 times

  Brazil’s new government is less than a week old, and already there are seeds of a scandal after a strong media backlash against the fact…

• Oklahoma Oil Industry About To Lose Tax Rebates

  Published 17 May 2016 | viewed 10,763 times

  The Oklahoma Senate has suspended a tax incentive for the oil industry that’s likely to see a lot of small producers go under. Oklahoma is…

• Fracking: Oklahoma’s New F-Word

  Published 15 May 2016 | viewed 30,311 times

  Fracking in Oklahoma, as well as elsewhere, has been on the decline, thanks to the oil price slump. Quakes, however, are continuing at alarming rates.…

• Elon Musks Hyperloop Inches Forward With First Successful Test

  Published 13 May 2016 | viewed 8,408 times

  Imagine a fossil-fuel independent world where those who don’t want to give up their road autonomy drive electric cars, while those who need to get…

• Iran Hits Saudis Where It Hurts, Offers Discounts On Asian Crude

  Published 12 May 2016 | viewed 30,760 times

  Iran has introduced a discount on the June contract for its heavy crude going to Asia, just a few days after Saudi Arabia announced a…

• Are Subsidies Killing US Solar Companies?

  Published 12 May 2016 | viewed 8,628 times

  The oil price rout has caused a lot of headaches in the renewable industry, especially in the heavily subsidized U.S. solar sector, which is suffering…

• OPEC Is Dead, What’s Next?

  Published 11 May 2016 | viewed 33,240 times

  OPEC is dead, Rosneft’s head Igor Sechin has told Reuters. In a fine example of stating the obvious – at least to those who have…