Irina Slav

Latest articles from Irina

• 2021 Has Been A Blockbuster Year For Offshore Oil And Gas

  Published 09 August 2021 | viewed 5,311 times

  For an industry in trouble, the oil and gas industry is doing pretty well in terms of discoveries and final investment decisions. So far this…

• Nuclear Energy Is Staging A Comeback

  Published 09 August 2021 | viewed 8,614 times

  Nuclear energy had been falling further and further out of favor amid falling costs for renewable energy installations. But suggestions of its death have been…

• China's Oil Imports Rebound In July

  Published 09 August 2021 | viewed 3,364 times

  After falling to a 2021 low in June, crude oil imports to China began to recover last month as refineries exited maintenance season. Average daily…

• Aramco Posts Near 300% Increase In Profits On Surging Demand

  Published 09 August 2021 | viewed 1,963 times

  Saudi Aramco reported a 288-percent increase in net profits for the second quarter of the year, to $25.5 billion, thanks to the rebound in oil…

• Will A Federal Clean Electricity Standard Become Reality?

  Published 08 August 2021 | viewed 1,481 times

  The energy transition has been enjoying center stage in the energy news flow for over a year now, and things are showing no signs of…

• Saudi Arabia’s Latest Oil Price Hike For Asia May Backfire

  Published 06 August 2021 | viewed 7,987 times

  Saudi Arabia raised its September official selling prices for crude oil by between $0.20 and $0.30 per barrel for Asian buyers to a four-month high.…

• India’s Oil Import Bill Soars 190% In Q1

  Published 06 August 2021 | viewed 2,763 times

  India’s crude oil imports tab for the first quarter of its financial year soared by 190 percent to $24.7 billion although volumes only grew modestly,…

• Quiet Roads In China Are Concern For Oil Markets

  Published 05 August 2021 | viewed 5,344 times

  Traffic congestion in Beijing has declined by 30 percent over the past week, and is falling in other parts of the country as well, as…

• Do Lithium Batteries Pose A Major Fire Hazard?

  Published 04 August 2021 | viewed 10,123 times

  Last Friday, a Megapack at the world’s biggest energy storage construction site caught fire. It took firefighters three days to put the fire out. In…

• Surprise Crude Inventory Build Forces Oil Prices Lower

  Published 04 August 2021 | viewed 10,294 times

  Crude oil prices moved lower today after the Energy Information Administration reported an inventory build of 3.6 million barrels for the week to July 30.…

• Oil Tanker Seized In Gulf of Oman, Ordered To Sail To Iran

  Published 04 August 2021 | viewed 4,416 times

  A tanker carrying bitumen has been hijacked in the Gulf of Oman and has been ordered to sail to Iran, the BBC reported, citing information…

• The Real Reason Big Oil Is Betting On The Hydrogen Boom

  Published 03 August 2021 | viewed 8,046 times

  Japan has been making headlines with its plans to significantly increase its reliance on hydrogen to satisfy its energy needs. Right now, it is demonstrating…

• Merger Mania Paves The Way For A New Era In U.S. Shale

  Published 03 August 2021 | viewed 4,174 times

  Mergers and acquisitions are how an industry normally handles tough times. Asset prices drop, some companies can no longer survive on their own and become…

• BP Reports Strong Q2 Earnings, Hikes Dividend

  Published 03 August 2021 | viewed 1,398 times

  BP reported an underlying replacement cost profit of $2.8 billion for the second quarter of the year, up from $2.6 billion for the first quarter,…

• Could Oil Still Hit $80?

  Published 03 August 2021 | viewed 9,860 times

  Crude oil markets have been jittery lately as additional OPEC+ output counters expectations of continued strong demand and coincides with concerns about the resurgence of…

• Santos, Oil Search Merger Creates $16 Billion Giant

  Published 02 August 2021 | viewed 2,531 times

  Two Australian energy heavyweights are set to merge in a move that will create a company worth $16 billion that will rank among the 20…

• New Mexico Breaks Oil Production Record

  Published 02 August 2021 | viewed 4,182 times

  New Mexico broke an oil production record in May, pumping an average 1.22 million barrels daily as the Permian Basin returned to output growth again.…

• Will Carbon Taxes Level The International Playing Field?

  Published 01 August 2021 | viewed 1,325 times

  A year ago, the idea of a carbon border tax was more of a hypothetical than an actual plan. But a year ago, the EU…

• TC Energy To Use Renewable Energy To Run Pipeline Network

  Published 30 July 2021 | viewed 1,752 times

  Canadian TC Energy plans to start using renewable energy to run its pipeline network in a bid to reduce its carbon footprint, Reuters reports, citing…

• Natural Gas Deficit Causes Prices To Soar

  Published 30 July 2021 | viewed 16,316 times

  Natural gas prices are rising across Europe and Asia due to tighter supply of the commodity, lower production in Europe, and lower exports from Russia,…