U.S. oil production growth in 2014 was largest in more than 100 years

March 30, 2015 Source: U.S. Energy Information Administration, Petroleum Supply Monthly U.S. crude oil production (including lease condensate) increased during 2014 by 1.2 million barrels per day (bbl/d) to 8.7 million bbl/d, the largest volume increase since recordkeeping began in 1900. On a percentage basis, output in 2014 increased by 16.2%, the highest growth rate […]

South Africa: Eskom and Government Keeping SA in the Dark On Operation Breaking Dawn

press release By Mmusi Maimane Deputy President Cyril Ramaphosa and Eskom need to take the nation into their confidence and be frank about the possibility of a national blackout. Documents show that Eskom is running simulation exercises in preparation for a national blackout. These simulation exercises are being run under the codename Breaking Dawn, under […]

Egypt: Dreams and Tales of Building Nuclear Industry

opinion By Kester Kenn Klomegah Russia is looking to extend its footprint in Africa by supporting the construction of a huge nuclear power plant in Egypt. Nuclear energy is seen as a viable option for African economies. Egyptian authorities have always dreamed of having a complete nuclear power industry to solve the energy shortage (deficit) […]

Without the Cochin pipeline, western Canadian propane seeks new outlets

March 27, 2015 Source: U.S. Energy Information Administration, Form Republished March 27, 2015, 10:15 a.m., graph was corrected. In April 2014, after 35 years of shipping propane from western Canada to the upper Midwest, the . Without this pipeline, western Canadian propane production has been shipped by other existing transport modes or placed into inventory […]

U.S. ethanol exports in 2014 reach highest level since 2011

March 26, 2015 Source: U.S. Energy Information Administration, Petroleum Supply Monthly According to EIA monthly supply data through December 2014, which EIA released in late February, U.S. exports of fuel ethanol in 2014 reached their second-highest level at a total of 826 million gallons. This level was second only to the 1.2 billion gallons exported […]

Congo-Brazzaville: Swiss Oil Trading Company Philia and the National Oil Company

analysis An investigation conducted by the Berne Declaration (BD) has revealed how Philia, a Swiss trading company, has been profiting at the expense of the Congo (Brazzaville) oil refinery, Coraf. Coraf is managed by the President’s son, Denis Christel Sassou Nguesso, who is a close friend of Philia’s sole shareholder, Jean-Philippe Amvame Ndong. The case […]

Upstream capital expenditure declined 12% year-over-year in fourth-quarter 2014

March 25, 2015 Source: U.S. Energy Information Administration, based on Thomson Reuters and Evaluate Energy Note: Q1 2015 prices are through March 16. Based on financial statements from selected international oil and natural gas companies, spending on upstream investments was 12% lower in fourth-quarter 2014 compared to the same period in 2013. Upstream spending on […]

South Africa: Govt Moves Ahead with Nuclear Plans

The government is making progress on its nuclear new build programme, and is in discussions with various prospective nuclear vendor countries to expand the programme. It had held consultations with a number of nuclear vendor countries recently, namely the United States, Republic of Korea, Russia, France, Japan and China, the Department of Energy said on […]

California first state to generate more than 5% of electricity from utility-scale solar

March 24, 2015 Source: U.S. Energy Information Administration, Note: Data include generation from plants greater than 1 megawatt. California has become the first state with more than 5% of its annual utility-scale electricity generation from utility-scale solar power, according to EIA’s . California’s utility-scale (1 megawatt (MW) or larger) solar plants generated a record 9.9 […]

Waterjetting 31c – Jet interactions and traverse speed

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The last post included the idea that, with a jet penetrating to most of its final depth in the first 1/100th of a second, that the best traverse speed that could be used would end up around 50 ft per minute. Actually this is a little low as an estimate, and the reason for this […]

Rwanda: EU Provides U.S.$25 Million for Rwanda Energy

Kigali — The European Union has extended a grant of euro 23 million (nearly $ 25 million) which will go towards improving energy efficiency in the country. This is part of getting over 70% of Rwanda’s population with access to electricity by financial year 2017/18. Related Topics Africa: 350 African Entrepreneurs in Dar… Zimbabwe: Econet […]

Crude oil storage at Cushing, but not storage capacity utilization rate, at record level

March 23, 2015 Source: U.S. Energy Information Administration, After increasing for 15 consecutive weeks, crude oil storage at Cushing, Oklahoma, reached 54.4 million barrels on March 13, according to EIA’s . This volume is the highest on record, but not the highest percent of storage utilization, as working storage capacity at Cushing has also increased […]

EIA launches new data add-in tool for Microsoft Excel for Windows

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March 18, 2015 Source: U.S. Energy Information Administration The U.S. Energy Information Administration (EIA) has released a (FRED) add-in and allows users to find, download, and update EIA’s energy data and FRED’s economic data directly in any Excel spreadsheet. With this add-in, users can save spreadsheets with their favorite data series and reopen them at […]

Angola: Dos Santos Decorates Palace As Economic Crisis Deepens

analysis By Rafael Marques De Morais As Angola’s economic crisis deepens, the country’s president has given priority to the construction of a war memorial at an estimated cost of US $ 72 million, and a further US $ 73 million going to a phantom category of “non-specific religious affairs and services”. These projects fall under […]

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