By Michael Eboh Abuja — The Nigerian National Petroleum Corporation, NNPC, disclosed yesterday that Kaduna Refinery will resume the production of Premium Motor Spirit, PMS (petrol), within the next three months. This was even as NNPC stated that it had lifted the embargo earlier placed on 113 vessels, banning them from engaging in crude oil […]
September 10, 2015 Source: U.S. Energy Information Administration, based on Chevron crude assay library Note: Kerosene includes a small amount of distillate and naphtha material. U.S.-Mexico crude oil swaps approved last month by the U.S. Department of Commerce’s Bureau of Industry and Security will likely involve exchanges of U.S. light sweet crude for Mexican heavy […]
By Henry Umoru Abuja — The ongoing probe of the power sector from 1999 till date by the Senate ad hoc committee was characterized by drama and confusion yesterday, as the proceeding was disrupted by power failure eight times. Yesterday’s proceeding started at about 11:30a.m. and ended abruptly at 4p.m. due to about 15 minutes […]
September 9, 2015 Source: U.S. Energy Information Administration, based on Global Trade Information Services and Apex In the first half of 2015, Saudi Arabia exported on average 4.4 million barrels per day (b/d) of crude oil to seven major trading partners in Asia, making up more than half of Saudi Arabia’s total crude oil exports […]
Photo: President Buhari guest column By Jean Herskovits Nationwide-wide electrical outages nearly shut down Africa’s largest economy before the inauguration of President Muhammadu Buhari in late May. But now the lights are on, the miles-long petrol queues are gone, and oil refineries, if not fully operational, are showing signs of life. Banks and automatic teller […]
September 8, 2015 Source: U.S. Energy Information Administration, Note: Capacity factors reflect actual generation as a percent of continuous operation at full capacity. The technologies used to generate electricity are similar across regions of the world, but the pattern of use for those generating technologies can be significantly different. Analysis of electric generating plant utilization […]
Source: Vanguard NGR
opinion By Mark Suzman This month, President Jakaya Kikwete of Tanzania took a major step toward ensuring his country’s fiscal and economic stability by signing legislation that will help ensure revenue from Tanzania’s natural gas discoveries bring socioeconomic progress for Tanzanian citizens. These recent gas discoveries have the potential to bring in as much as […]
This is a short post illustrating an early stage in our development of a light-weight tool that could be carried into building rubble, after a collapse, and drill down through it to provide access for tools to search, without the danders of destabilizing the pile. We illustrated the lack of vibration by placing a full […]
September 2, 2015 Source: U.S. Energy Information Administration, A new study by the U.S. Energy Information Administration (EIA) on the potential implications of allowing more crude oil exports finds that effects on domestic crude oil production are key to determining the other effects of a policy change. Gasoline prices would be either unchanged or slightly […]
September 4, 2015 Source: U.S. Energy Information Administration, The U.S. average retail price for regular gasoline was $ 2.51/gallon (g) on August 31, the lowest price for the Monday before Labor Day since 2004, and 95¢/g lower than the same time last year. Declines in crude oil prices are the main driver behind falling U.S. […]
September 3, 2015 Source: U.S. Energy Information Administration, , and Mine Safety and Health Administration Coal mining productivity increased in 2013, averaging 5.5 short tons per miner hour, reversing a trend of declining productivity since at least 2000. Preliminary data from the Mine Safety and Health Administration indicate a further increase in 2014. Improved productivity […]
This is just a short video from back in the days when 1/2-inch tapes were still our way of recording, but before we reached the higher quality resolution of today. We had a problem in that the basement of our building was partially covered with dirt, and concrete window wells held that back from the […]
August 31, 2015 Source: U.S. Energy Information Administration, Note: Includes lease condensate. Data for 2015 reflect January through June. The EIA-914 survey began collecting monthly data in January 2015. With the release of the (PSM) later today, EIA is incorporating the first survey-based reporting of monthly crude oil production based on an expansion of its […]
Despite the controversies surrounding the Crude for Petroleum Products Exchange Agreements, better known as crude oil swaps, and Offshore Processing Agreements (OPAs), entered into by the Pipelines and Product Marketing Company (PPMC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC) and oil traders between 2011 and 2014, the corporation, the company has scored itself […]