January 27, 2015 Source: U.S. Energy Information Administration, is an independent electric cooperative. In December, (FPL). While FPL does not rely heavily on solar photovoltaics (PV) and other forms of renewable energy to serve its Florida customers, solar PV already plays a large role in Hawaii, and that role is expected to grow significantly over […]
January 26, 2015 Source: U.S. Energy Information Administration, January Short-Term Energy OutlookNote: Graph does not include production from Alaska and the Federal Gulf of Mexico. The sharp decline in oil prices over the last quarter of 2014, which has continued in January, is already having a significant effect on drilling activity in the United States, […]
editorial The Federal Government last week announced a reduction of the pump price of Premium Motor Spirit (PMS), otherwise called petrol from N97.00 to N87.00 per litre. The reduction, which was announced by the Minister of Petroleum Resources Mrs Diezani Alison-Madueke, was meant to take immediate effect. She also directed the Petroleum Products Pricing Regulatory […]
By Lyonike Mughogho Chief Executive Officer for Electricity Supply Corporation of Malawi (ESCOM) John Kandulu yesterday told the local media that the country will continue to experience serial blackouts as the problem with the machines at its power plants has not been fully addressed. Accumulation of silt at Nkula power plantation A and B due […]
January 23, 2015 Source: U.S. Energy Information Administration, based on Bloomberg Widely traded futures contracts for North Sea Brent crude oil in global financial markets are typically priced in U.S. dollars (USD). The , or increase in value, of USD against most other currencies since last summer can either mitigate or exacerbate the effects of […]
By Alhaji Mustapha Iddrisu Energy Analyst, Takoradi The main reasons for plummeting crude oil prices are principally increasing US shale production and falling demand from China and Europe. The crude oil prices have declined for about 55% since June 2014 due to sluggish global demand and rising shale production from the US. In the international […]
January 22, 2015 Source: U.S. Energy Information Administration, Form EIA-860; Republished January 22, 2015, 2:45 p.m. to correct an error in the text. Northern Maine is a unique power market: unlike any other part of the Lower 48 states, this region is connected to one of the three main power grids serving the United States […]
January 21, 2015 Source: U.S. Energy Information Administration, DrillingInfo, Inc., Texas Natural Resources Information, U.S. Geological Survey, University of Texas Bureau of Economic Geology Recent updates to the Energy Information Administration’s for the Eagle Ford tight oil and shale gas play in Texas help to characterize the formation’s structure, thickness, and surface area, as well […]
Despite a sharp decline in oil prices, the International Monetary Fund (IMF) in its latest economic outlook today lowered growth expectations for this year and the next for most countries due to slowdown in investment, and urged governments and central banks to pursue economic stimulation policies and structural reforms to boost growth. According to its […]
In my last post on this topic I wrote about two of the most influential papers that were published in the Proceedings of the First International Symposium on Jet Cutting Technology (hereafter ISJCT) back in 1972. Yet there was one more paper that I remembered over the years. And it has been for an entirely […]
January 20, 2015 Source: U.S. Energy Information Administration, based on NERC 2014-15 Winter Reliability Assessment The North American Electric Reliability Corporation’s (NERC) recently released finds that all assessment areas have enough capacity resources to meet normal winter peak electricity demand. However, NERC highlights lower levels of reserves (spare capacity) in specific regions under an extreme […]
Source: Vanguard NGR
Source: Vanguard NGR
opinion By Yves Didier Irakoze Users of public transport wonder why the price of transport is still at the same price while the fuel price has been reduced. The problem is that there is no consultation between those who are concerned. “I heard on the radio that the price of fuel has been reduced and […]
By Kizito Makoye Dar es Salaam — As foreign donors drag their feet on injecting badly needed cash into the government’s coffers, local analysts are increasingly worried that this will affect implementation of key development projects that require donor funding. Donors – including the United Kingdom, Germany and the World Bank – are withholding 449 […]
