Jonathan condoles with Oshiomhole over Tayo Akpata’s death

President Goodluck Jonathan, has commiserated with Governor Adams Oshiomhole and the people of Edo State on the death of prominent Nigerian administrator, educationist and elder statesman, Chief Tayo Akpata. A statement by Mr. Reuben Abati, Special Adviser to the President on Media and Publicity said Jonathan also extended sincere condolences to Chief Akpata’s widow, Chief […]

Algeria: Oil Tax Revenues Slide in 1h of 2014

Algiers — The revenues from oil taxes stood at 1,870 billion DA, equaling $ 23.5 billion during the first half of 2014, sliding 10% in comparison with the same period of 2013 (DZD2,086 billion), according to a report of Finance Ministry. Out of this amount collected during the 1st half of the year, DZD 1,577.7 […]

Newly released heat content data allow for state-to-state natural gas comparisons

October 14, 2014 Source: U.S. Energy Information Administration, The heat content of natural gas, or the amount of energy released when a volume of gas is burned, varies according to the extent that gases with higher heat content than methane are included in delivered gas. EIA is now publishing the heat content of end-use natural […]

Energy Talk – Pessimistic Talk in a time of surplus

1.Libyanproduction

The oil markets are concerned that there is too much oil currently available on the market, and that, as a consequence, oil prices may continue to tumble. Saudi Arabia is reportedly telling Reuters that it is happy with prices that may fall as low as $ 80 a barrel. As I mentioned the other day, […]

NLNG bags oil, gas company of the year award

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NLNG bags oil, gas company of the year award 14 March 2013   THE Nigeria LNG Limited (NLNG) has been named the Nigerian Oil and Gas (NOG) Company of the Year at the just concluded Nigeria Oil and Gas Conference/Exhibition (NOG) in Abuja. According to CWC, organisers of the conference, NLNG emerged the company of […]

Algeria: Sonatrach to Invest Nearly U.S.$3.5 Billion to Build New Gas Pipelines

Oran — Interim CEO of Sonatrach, Saïd Sahnoun, announced Sunday that the national oil group plans to invest $ 3.480 billion for the construction of new gas pipelines to improve the capacity of those already existing. In a statement he delivered at the opening of the international conference of gas industry in Algeria, Saïd Sahnoun […]

Nigeria: USA Investing in Nigerian Economic Development, Solar Power

press release Abuja, Nigeria — With a commitment to boost electricity supply in Nigeria, President Goodluck Ebele Jonathan and the Federal Government are on track to restore uninterrupted power supply to Nigerians and to complete ongoing independent power projects spread across the country. To boost this effort, the Nigerian Ministry of State for Power submitted […]

Waterjetting Technology – 26a More on waterjet assisted cutting

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When mankind first began cutting out flints to make the tools and weapons that helped make primitive life more successful they often used either bone antlers or stones from the river as the tool to cut into the chalk or other host rock that held the flint. For thousands of years as rock was excavated […]

Ethiopia: Sixteen SNNP State Towns Get Electric Power

By Zerihun Getachew Construction of the Sawla-Key Afer Electric Power Installation Project which cost more than 418 million birr has gone operational, according to Ethiopian Electric Power (EEP). EEP indicated that the project, which is part of the Growth and Transformation Plan (GTP), is benefiting 16 towns and rural areas in 4 woredas/districts/ of Gamo […]

Lower petrochemical use of propane driven by wider price spread between propane and ethane

October 9, 2014 Source: U.S. Energy Information Administration, Short-Term Energy Outlook, October 2014Note: used as a proxy for propane demand. Republished October 9, 9:45 a.m. to correct an error in the graph. Propane demand (, both of which are highly seasonal and weather dependent, petrochemical consumption of propane has relatively little seasonality. Beginning in mid-2013, […]

Lower demand, higher supply drive oil prices to lowest level since 2012

October 8, 2014 Source: U.S. Energy Information Administration, Bloomberg The price of North Sea Brent crude oil has fallen to around $ 91 per barrel, the lowest level in more than two years and about 21% lower than its year-to-date peak of $ 115 per barrel on June 19. Before its recent decline, average monthly […]

Algeria: Sonatrach, Gazprom Announce Oil Discovery in Berkin Basin

Algiers — Sonatrach and its Russian partner Gazprom EP International B.V. announced Wednesday the successful completion of the drilling operation of Rhourde Sayah North-1 (RSHN-1)exploration wells, located at El Assel perimeter (block 236b) in Berkin Basin. This well, which reached a final depth of 4,120 m in the Ordovician resulted in a discovery of oil […]

Pinnick’s victory, result of Uduaghan’s strides in Sports – Ukori

By Gab Ejuwa GENERAL Secretary of Egbema Gbaramatu Communities Development Foundation, Jude Ukori has said that the victory of Amaju Pinnick as Nigeria Football Federation President was as a result of Governor Emmanuel Uduaghan’s strides in sport. Ukori who made this known in a statement in Koko, Warri North Local Government Area, Delta state, yesterday […]

California drought leads to less hydropower, increased natural gas generation

October 6, 2014 Source: U.S. Department of Agriculture The drought in California continues to increase in severity since California’s governor declared a state of drought emergency in January 2014. As of September 30, 58% of the state was classified as experiencing exceptional drought, the most intense drought category. These dry conditions limit hydropower generation, requiring […]

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