Irina Slav

Bulgaria

Energy Writer at Freelance

Energy Writer at Oilprice.com

Writer at Irina Slav on energy

Demolition Dame. Author of "Fang in Fang". Пишман градинар.

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Articles

Petrobras Considers Return to Nigerian Oil Sector

1 day ago | oilprice.com | Irina Slav

Brazil’s Petrobras plans to return to Nigeria’s oil industry, to focus on deepwater exploration, Nigeria media have reported, citing a senior government official. “We have not maximally capitalised on the fraternity between us and Brazil, but it is better late than never.
Venture Global Pushes Regulators To Greenlight LNG Plant

1 day ago | oilprice.com | Irina Slav

Venture Global, the LNG operator, has asked the Federal Energy Regulatory Commission to greenlight its third liquefaction plant, in Louisiana, by June 26. The company previously said it plans to make the final investment decision on the new facility by mid-2025 but, its chief executive said, it needs the go-ahead from the regulator. FERC had earlier rescinded its approval for the project on the grounds of concern related to its impact on air quality in the area.
Strathcona Resources Sells Montney Shale Assets for $3 Billion

1 day ago | oilprice.com | Irina Slav

Strathcona Resources has exited the Montney shale after striking deals to sell its assets there to three companies, including ARC Resources and Tourmaline Oil. The company also acquired the Hardisty Rail Terminal. The total value of the three assets that Strathcona owned in the Montney shale stood at $2.84 billion. The largest portion of the asset sale was the disposal of the Kakwa asset, which Strathcona sold to ARC Resources for $1.695 billion.
OPEC+ Gives Up Trying To Boost Prices. What’s Next?

1 day ago | oilprice.com | Irina Slav

OPEC+ has paused its aggressive supply-cut strategy. Saudi Arabia may be shifting tactics, both due to political considerations and frustration over chronic overproduction by members like Iraq and Kazakhstan. Oil prices have begun rebounding amid signs of easing U.S.-China tensions and a surprise dip in U.S. inflation.
Woodside Courts Aramco for Louisiana LNG Stake

2 days ago | oilprice.com | Irina Slav

Australia’s Woodside Energy and Saudi Aramco have signed an agreement to explore cooperation opportunities that may include the Saudi company buying a stake in the Louisiana LNG project.
Canadian Prime Minister Carney Signals Support for New Pipeline

2 days ago | oilprice.com | Irina Slav

Canada’s new Prime Minister, Mark Carney, suggested he would support a new pipeline project if there is consensus about it, he said in an interview with CTV News. First off, I’ve said repeatedly: yes. First point,” Carney said in response to a question about new pipelines. “Secondly, because I understand the need for that consensus. I’m a prime minister who can help create that consensus,” Carney also said.
Goldman: Trump Wants Oil Prices in the $40-50 Range

2 days ago | oilprice.com | Irina Slav

Goldman Sachs analysis indicates that US President Donald Trump prefers crude oil prices in the $40 to $50 per barrel range, based on his social media posts. Crude oil prices are currently trading higher due to progress in US-China trade talks, but a significant build in US oil inventories is anticipated. There is a potential conflict between Trump's desire for lower oil prices and the needs of US shale drillers, who require higher prices to maintain production.
The Next Big Shale Boom Could Be North of the Border

2 days ago | oilprice.com | Irina Slav

As Permian growth slows, Canada’s Montney Formation is emerging as North America’s top shale play. Montney’s key advantages include low breakeven costs, strong natural gas potential, and a slower exploitation pace. Producers are currently holding back amid weak gas prices, but Alberta’s carbon pricing freeze and upcoming LNG exports could reignite drilling activity.
Cheaper and cheaper, safer and safer

3 days ago | irinaslav.substack.com | Irina Slav

Global investment in the energy transition exceeded $2 trillion last year, we learned in January this year. Four months later, we learned that the European Union alone will need another $2.6 trillion in grid investment by 2050. The joke could’ve ended here but of course it didn’t. Because we’ll have to spend some money on cybersecurity as well, and when I say “some” I mean “a lot”, as usual.
House Republicans Look to Eliminate Green Tax Credits

3 days ago | oilprice.com | Irina Slav

The House Committee on Energy and Commerce has proposed phasing out tax credits linked to climate policies stipulated in Biden’s Inflation Reduction Act. This, per the Committee, will raise some $6.5 billion. The phaseout is part of the Republicans’ broader effort to roll back climate funding generously committed to various projects and initiatives by the previous federal government.