A couple of posts or so ago I mentioned that there are three major problems sitting relatively un-noticed as we head into the mess of Peak Oil. Of these, perhaps the one that gets the least attention is the steady decline in production from existing wells. We are just about at the point where the […]
Accra — Petroleum products have increased by between 15 and more than 20 percent, the National Petroleum Authority (NPA)announced. The price increment took effect Monday. The price of petrol (premium) saw the highest increase up 23,08 percent to GH¢3.36 a litre. Kerosene saw an increase of 23,75 percent while diesel increased 22,01 percent to 327pesewas. […]
July 14, 2014 Source: U.S. Energy Information Administration EIA’s recently launched provides users with another avenue to view graphs, charts, maps, and other images produced using EIA’s data and analysis. The images stored on EIA’s Flickr page are categorized by . This allows the public and EIA’s state, tribal, county, and local stakeholders to quickly […]
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When the Direct Injection of Abrasive jet (DIAjet) was first introduced to the general public, back in 1986, there was some initial skepticism as to the overall market potential for the system. Certainly, as the next post will discuss, the ability to transfer higher levels of energy from the pressurized water to the entrained abrasive […]
Cairo — “If you don’t like the price, go talk to your government,” a microbus driver shouted at his passenger. “What do you expect me to do? Take the price hit and feed my children pebbles?” The two squabbled, drawing in onlookers into a heated debate at a Cairo bus station. Egypt’s government has announced […]
July 11, 2014 Source: U.S. Energy Information Administration, Annual Energy Outlook 2014 Note: Calculations in graphic assume a fuel price of $ 3.50 per gallon and annual travel of 12,000 miles per vehicle. Fuel costs, which depend on vehicle fuel economy, miles driven, and fuel price, are an important factor in vehicle purchasing decisions. However, […]
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One way to illustrate the benefits of simultaneously cutting adjacent channels through a material is to artificially show how the jets would appear if they were simultaneously cutting through glass beads. An earlier post showed what water penetration around single jet cutting into beads looked like, and if a second image is placed close enough […]
Almost six weeks after the Senate Committee on Finance submitted its report on the allegation made by the former Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, on the non-remittance of oil revenue to the Federation Account by the Nigerian National Petroleum Corporation (NNPC), the Senate yesterday deliberated on the report […]
9 Oil and Gas Stocks to Buy Now This week, nine oil and gas stocks are improving their overall ratings on Portfolio Grader. Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”). Chesapeake Midstream Partners (CHKM) is making progress this week as its rating of C … Read more on […]
July 10, 2014 Source: U.S. Energy Information Administration, EIA-860, and the Oak Ridge National Laboratory (ORNL) Note: Capacity values prior to 1989 are estimates. Existing capacity includes conventional hydroelectric and pumped storage. New stream-reach developments are stream segments without an existing dam. Expansions add power to existing dams. Some expansions are included in the Annual […]
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Underlying many of the projections of future energy supply that are now being made there are, as mentioned earlier, a lot of assumptions that are beginning to appear more questionable as time passes. Much of the concern has to focus on the instability in the Middle East and North African nations (MENA) that are now […]
The United Nations Industrial Development Organisation (UNIDO) on Tuesday began a five-day training on trainers on renewable energy expert in The Gambia, at the Gambia Technical Training Institute (GTTI). The UNIDO has recruited an International consultant from the Energy Centre, College of Engineering, Kwame Nkrumah University of Science and Technology, Kumasi, Ghana and a local […]
July 9, 2014 Source: U.S. Energy Information Administration calculations, based on data from Drillinginfo Note: Production through December 2013 is reported. Production from January 2014 through May 2014 is estimated. Glorieta and Yeso are separate formations combined for this article. Additional amounts of Permian production come from other formations not included in this graph. The […]
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Photo: Petrol station Cameroon has raised the base salary for government workers and the military, entering negotiations with transport workers in an effort to stop potential social unrest, according to . The fuel subsidies on petrol, diesel and cooking gas were reportedly cancelled last week in an attempt to cut costs – pushing up the […]
July 8, 2014 Source: U.S. Energy Information Administration based on Sales volumes of fossil fuels from production on federal and Indian lands in fiscal year (FY) 2013 varied widely across states, according to data from the Department of the Interior compiled and summarized in a . This is the first time this annual EIA report […]
