Source: Vanguard NGR
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Photo: Daily Trust Petrol Station in Nigeria By Clara Nwachukwu And Michael Eboh Abuja — As fuel scarcity bites harder nationwide, fresh facts emerged, yesterday, indicating that a combination of policies from Nigeria’s Central Bank and the high level of indebtedness of product marketers to some banks led to the low supply of Premium Motor […]
March 2, 2015 Source: U.S. Energy Information Administration, based on Navigant Consulting, Inc. Note: Assumes set-top box has automatic power down enabled. About 85% of U.S. households have at least one set-top box (STB) designed to deliver subscription-based television service by cable, satellite, or other telecommunication signals, according to 2013 data from the National Cable […]
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Much of the work that we carry out with high pressure waterjets requires that they cut with precision and, in consequence much of the focus has been on controlling the stream of the jet to obtain the tightly constrained cutting action that produces this result. Yet two of the larger growth sectors of the industry, […]
By Frank Kisakye Government is today expected to formally publish an advert calling for bids from companies that are interested in exploring for oil as the new round of licensing gets underway. The firms whose bids are successful will be issued with a detailed request for bids together with the Modal Production Sharing Agreement (PSA) […]
February 23, 2015 Source: U.S. Energy Information Administration, based on Oil Price Information Service, Thomson-ReutersNote: RBOB is reformulated blendstock for oxygenate blending. With the exception of two short periods in late 2013 and the first quarter of 2014, when , spot ethanol prices have consistently been lower than gasoline prices from December 2011 through October […]
AFTER the long-awaited reduction of petroleum prices by the Energy Regulation Board (ERB) last month, market players have begun to react by reducing the cost of essential goods and services. This week, I will focus on the latest reduction in the wholesale price of mealie-meal, a topic which has always been an issue of national […]
February 27, 2015 Source: U.S. Energy Information Administration, This Week in PetroleumNote: . On February 18, an explosion and fire occurred at ExxonMobil’s refinery in Torrance, California. The Torrance refinery, the third-largest refinery in Southern California, has about 20% of the region’s capacity and is an important source of gasoline and distillate fuel oil supply […]
editorial AS a major threat to the nation’s fortunes, pipeline vandalism is assuming such a grimmer dimension as demands the immediate intervention of the Federal Government, security agencies and other stakeholders. Obviously buoyed by their successes in destroying pipelines to steal oil, vandals have become more daring in their criminal activities, thereby inflicting untold damage […]
February 26, 2015 Source: U.S. Energy Information Administration, With natural gas storage at national total capacity. EIA measures natural gas storage capacity in , which is typically when storage withdrawals begin to exceed storage injections. From November 2013 to November 2014, EIA found that each of EIA’s two measures of storage capacity within the Lower […]
By Bassey Udo The global drop in crude oil prices continued to affect Nigeria, as the country recorded about N48.7 billion loss in revenue from oil exports in November and December, 2014. The Accountant General of the Federation, Jonah Otunla, stated this in his revenue report during the January Federation Accounts Allocation Committee meeting held […]
February 25, 2015 Source: U.S. Energy Information Administration, Forms EIA-860 and EIA-923 Note: Data include facilities with a net summer capacity of 1 MW and above only. Wind plant generation performance varies throughout the year as a result of highly seasonal wind patterns. Nationally, wind plant performance tends to be highest during the spring and […]
February 24, 2015 Source: U.S. Energy Information Administration, Note: Distillate fuel volumes with sulfur content below 15 parts per million produced before 2004 are included in the ‘between 15 and 500 ppm’ category. Distillate fuel supply for 2014 includes estimated volumes for December 2014 from the Short-Term Energy Outlook, February 2015. Republished February 24, 2015, […]
Source: Vanguard NGR
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Most applications of high-pressure waterjets need the jets to make relatively precise cuts into a target surface. When examining different ways of improving jet cutting performance, the narrowness of the cut which is achieved is therefor often a critical factor in deciding how to make the cut. In this short segment of the series I […]
