August 8, 2014 Source: U.S. Energy Information Administration, based on data from Arab Oil & GasNote: OSP is Official Selling Price; ASCI is Argus Sour Crude Index; and BWAVE is Brent Weighted Average. The differential charged to each region is based on a different crude oil price benchmark: ASCI for the United States, BWAVE for […]
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Game Changing Procurement and Supply Management 30/07/2014 17:59
New York Stock Exchange-listed Chinese company Jinko Solar, the fourth-largest solar PV manufacturer in the world, unveiled an R80-million solar photovoltaic (PV) module manufacturing plant in Cape Town on Tuesday. The factory – the company’s first outside of China – will produce up to 1 300 solar panels a day, translating to 120 megawatts (MW) […]
August 5, 2014 Source: U.S. Energy Information Administration, Republished August 5, 2014, 10:35 a.m., text was edited to clarify content. Natural gas production in the Marcellus Region exceeded 15 billion cubic feet per day (Bcf/d) through July, the first time ever recorded, according to EIA’s latest . The Marcellus Region, mostly located in West Virginia […]
Umuahia—A House of Representatives’ aspirant on the platform of Peoples Democratic Party, PDP, in Abia State, Mr. Uko Nkole, has said he would concentrate on addressing the welfare of people of his constituency, if voted into office in 2015. He spoke as a group, Friends of Uko Nkole Ndukwe, handed over six vehicles to the […]
Determined to boost power supply across the country, the federal government yesterday said it would expend $ 1 billion to ensure adequate gas supply. It said the fund would be sourced from the Niger Delta Power Holding Company (NDPHC) allocation, as well as the private sector providers. This was disclosed at the end of a […]
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There are a number of differences that take place when high-pressure waterjet operators change from a lower pressure, higher volume flow rate to one where the jets are operated at a higher pressure, with a smaller jet size. One way of illustrating the difference is in the way that the jet will interact with concrete, […]
August 4, 2014 Source: U.S. Energy Information Administration, Note: The Bakken counties total exceeds the North Dakota state total because the Bakken counties include crude oil production from some counties in eastern Montana. North Dakota production is for the entire state, not just counties in the Bakken Region. North Dakota crude oil production surpassed 1.0 […]
Without the slightest hint of impending changes, President Goodluck Jonathan yesterday carried out a major shake-up in the top echelon of the Nigerian National Petroleum Corporation (NNPC), with the sack of the Group Managing Director, Mr. Andrew Yakubu as well as the Managing Director of its subsidiary Exploration and Production (E&P) company, the Nigerian Petroleum […]
The recent news that Saudi Arabia has not found natural gas to be as available as it had thought from its shale deposits, and is shifting to exploring for gas in their tight sand formations has not caught a lot of attention. But it is worth considering some of the aspects of this – and […]
July 28, 2014 Source: U.S. Energy Information Administration, Note: STEO denotes EIA’s Short-Term Energy Outlook Nearly midway through the summer storage injection season, working natural gas in storage is on pace to meet EIA’s expectations for a record overall build. The current projects a record build of close to 2,600 billion cubic feet (Bcf) from […]
President Goodluck Jonathan on Friday sacked the Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Andrew Yakubu. The Special Adviser to the President (Media & Publicity), Reuben Abati, said in a statement that a replacement, Joseph Dawha, was appointed to take over from him immediately. Mr. Abati also said the President also approved […]
August 1, 2014 Source: U.S. Energy Information Administration, Unlike many manufacturing industries, the energy used for the production of metal-based durables (MBD) is mostly electricity and natural gas, rather than other fossil fuels (residual fuel oil, diesel, liquefied petroleum gases, natural gas liquids, and coal) or renewable sources. MBD producers are therefore well-positioned to benefit […]
Monrovia — The Liberia Petroleum Refining Company (LPRC) says it will contribute US$ 75,000 to the National Ebola Task Force set-up by President Ellen Johnson-Sirleaf on July 26. Addressing a news conference on July 28, LPRC Managing Director T. Nelson Williams said the decision was taken after an extraordinary board meeting in which the body […]
July 31, 2014 Source: U.S. Energy Information Administration, Electric Power Monthly and Short-Term Energy Outlook April marked the eighth consecutive month that total monthly nonhydro renewable generation exceeded hydropower generation. Only a decade ago, hydropower—the historically dominant source of renewable generation—accounted for three times as much generation in the United States as nonhydro renewable sources […]
