Many CEOs believe the general public are not getting the full story behind the national power crisis and the true state of the power stations and their level of deterioration. This was one of the reasons why the Merchantec CEO Confidence Index recorded a significant decrease of 11.7%. The index recorded a positive score of […]
June 9, 2015 Source: U.S. Energy Information Administration, Petroleum Supply MonthlyNote: 2015 reflects the average of January-March 2015. While total U.S. crude oil production increased by nearly 3.2 million barrels per day (b/d) from 2010 to 2014, production in the West Coast region (PADD 5) decreased by 0.1 million b/d, continuing a long-term decline. With […]
Source: Vanguard NGR
analysis By Saliem Fakir Two forms of anarchism will further imperil the energy crisis – first there’s Eskom’s anarchic pursuit of large power stations like the nuclear plant. Second, there’s the fact that those citizens and corporations who can afford it, are following their own path in response to the financial crisis and mismanagement within […]
June 8, 2015 Source: U.S. Energy Information Administration, Note: PADD is Petroleum Administration for Defense District. In an effort to better present crude oil storage capacity and use across the United States, EIA has prepared new tables as part of the semiannual . The new series show crude oil stocks held at refineries crude oil […]
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Looking back over the Waterjet Index I realized that while I have addressed different aspects of drilling holes with waterjets in various ways, I haven’t really brought it all together as a focused topic. So, herewith, and in the next few posts, that coalescence. It begins with a bit of a recap. It was clear, […]
By Valentine Amanze Lagos — The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has stated that the safest ways of conveying petroleum products in Nigeria are through railways, which must be rehabilitated and modernised; and also by training and retraining of tanker drivers on safe driving. The union also promised to continue to […]
June 2, 2015 Source: U.S. Energy Information Administration, The crude oil adjustment is perhaps the most frequently misunderstood component of the U.S. crude oil balance published in EIA’s (WPSR). This adjustment reflects the combined uncertainty around each of the crude oil data elements that EIA uses to assess the balance between U.S. crude oil supply […]
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“This is a moment for human solidarity,” says Africa Progress Panel chair Kofi Annan, introducing the panel’s 2015 report. and also “Africa’s moment … ( Resource: “The effects of climate change are being felt all over the planet, but not equally” – Kofi Annan ) By Megan Rowling Barcelona — African governments should aim to […]
June 5, 2015 Source: U.S. Energy Information Administration, Note: Other includes hydropower, geothermal, biomass, municipal solid waste, and other gaseous fuels used in end-use sectors. EIA’s analysis of the Environmental Protection Agency’s proposed Clean Power Plan (CPP) shows that renewables play a critical role under a range of different market conditions and policy assumptions. The […]
Photo: Kofi Annan, head of the Africa Progress Report, has launched the organisation’s annual, saying: “We categorically reject the idea that Africa has to choose between growth and low-carbon development.” (file photo) Cape Town — Africa can boost its capacity to generate power – and, as a result, economic growth and jobs – without precipitating […]
June 4, 2015 Source: U.S. Energy Information Administration, U.S. crude oil production has grown rapidly in recent years, primarily from light, sweet crude () from tight resource formations. Roughly 90% of the nearly 3.0 million barrel per day (b/d) growth in production from 2011 to 2014 consisted of light, sweet grades, meaning they have an […]
By Jaiyeola Andrews, Michael Olugbode And Zacheaus Somorin With Agency Reports Abuja/Maiduguri/Toronto — Just as Boko Haram continued its guerilla attacks in North-eastern Nigeria yesterday, President Muhammadu Buhari met with the service chiefs at the Defence House, Abuja, where the insurgency and security situation in the country was reviewed. Topmost on the agenda at the […]
June 3, 2015 Source: U.S. Energy Information Administration, Note: Costs reflect utility-scale systems and include federal tax incentives for renewables as applicable in 2020 under current law. IGCC is integrated gasification combined cycle; CCS is carbon capture and sequestration. Capacity additions reflect electric power sector additions only, and include planned capacity already under construction as […]
