Photo: A scene of clashes in Benghazi, Libya. Libya says seven fire-fighting planes are being sent by Italy and the Italian energy giant ENI to douse the inferno at a Tripoli oil depot. Fighting between militias nearby has prompted more residents to flee. Tunisian media said Tuesday that thousands of Libyans had crossed into Tunisia […]
July 30, 2014 Source: U.S. Energy Information Administration, Annual Energy Outlook 2014 In the (AEO2014), EIA projects that the price of oil will largely determine whether to use carbon dioxide (CO2) enhanced oil recovery (EOR) technologies to extract additional crude oil from existing producing fields. The injection of CO2 gas into oil reservoirs at high […]
By Demola Akinyemi ILORIN—Emir of Ilorin and Chairman Kwara State Traditional Council, Alhaji Ibrahim Sulu-Gambari, yesterday expressed concern over the spate of insecurity in some parts of the country even as he cancelled the traditional sallah homage (Hawa’n Barike) to the government house. In continuation of the Eid el Fitr Sallah celebration marking the end […]
July 29, 2014 Source: U.S. Energy Information Administration, based on Evaluate Energy database Note: Annualized means each point on the graph is the sum of the previous four quarters. Thus, the first-quarter 2014 results on an annualized basis mean the data represent the sum of the four quarters ending March 31, 2014. The data above […]
Juba — The South Sudanese government says it would not relent to recent demands for suspension of all new oil contracts, arguing that such a decision was not in the country’s best interest. “We cannot agree that a moratorium on petroleum contracting is at this time in the best interests of the citizens of the […]
At the beginning of the month I pointed out that there are three components to the coming Energy Mess. The first of these is the steady increase in global demand for oil and its products, the second is the decline in production from existing wells and fields, and the third is the shrinking pool of […]
Afolabi Adedeji is a fellow of the Nigerian Society of Engineers(NSE).In this piece,he examines the level of environmental degredation in the Niger-Delta Region. Preamble: Energy in general and that sourced from Hydrocarbon Fuels (Petrol, Diesel, Kerosene, Liquefied Natural Gas, various Oils & Greases utilized as Lubricants, etc.) in particular have become increasingly important over the […]
I began to write these posts on waterjet applications almost two years ago, and it seems appropriate, therefore, to provide an index to those articles, which generally focus on a different topic each month, with four or five sub-topics within that theme. 1. An Introduction to the Topic Background to the series Initial Considerations of […]
The World Bank’s Board of Executive Directors today approved US$ 50 million for the Government of Kenya to strengthen its capacity to manage the oil and gas sector and the distribution of its revenues to create sustainable growth across all areas of the country’s economy. With the recent discovery of oil, the International Development Association […]
Experts brainstorm on improving LPG supply 07 August 2013 There is no doubt that Nigeria falls far below the expected annual utilisation of liquefied petroleum gas (LPG) vis-a-vis its consumption of 150, 000 metric tonnes per annum and the impressive 160 million people population. With its huge population the country could consume 3.5 million metric […]
July 25, 2014 Source: U.S. Navy, used with permissionNote: Above, clockwise from left: Fleet replenishment oiler USNS Henry J. Kaiser (T-AO 187), aircraft carrier USS Nimitz (CVN 68), destroyer USS Chung-Hoon (DDG 93), and cruiser USS Princeton (CG 59). Great Green Fleet demonstration, July 2012. Recently the Department of Defense (DoD) released its for bulk […]
Abuja — President Goodluck Jonathan on Thursday, called for closer ties between Nigeria and other members of the Organisation of Petroleum Exporting Countries (OPEC). Jonathan made the call at a meeting with the new ambassadors of Qatar and the United Arab Emirates (UAE) to Nigeria, after receiving their letters of credence at the Presidential Villa, […]
Battling for NLNG’s $ 100,000 14 August 2013 The long list for the $ 100,000 Nigeria Prize for Literature throws up some of the country’s resourceful poets, AKEEM LASISI writes Who wins the $ 100,000 Nigeria Prize for Literature this year? It is not too early to ask this question, as the judges of […]
Senate Pro-tempore Gbehnzohngar Milton Findley, has pointed accusing fingers at presidential hopeful Benoni Urey of masterminding protest at the Capitol against a planned sale of oil blocks 4, 6, 16, and 17, respectively. Pro-tempore Findley claimed that Tuesday’s protest by young people on the grounds of the Capitol Building was orchestrated by Mr. Urey, once […]
Washintgon — Governments in sub-Saharan Africa are selling crude petroleum in shadowy deals worth hundreds of billions of dollars without publicly accounting for the money, according to a new report. A lack of transparency over staggering amounts of oil revenues is concerning from countries that have millions of people living in dire poverty, weak budgetary […]