This is likely, again, not likely to amount to much, but as Jón Frímann has noted, the Katla volcano in Iceland is getting a bit antsy again. There were a couple of deep quakes nearly two weeks ago and there have been shallower and more numerous quakes since. These might indicate that magma is making […]
Brent Oil Erases Iraq Rally With Price Below When Mosul Seized “The Iraq premium in the oil market has effectively gone,” Eugen Weinberg, head of commodities research at Commerzbank AG in Frankfurt, said by phone. “Exports are rising, the militants didn't move further south, and the Kurds are going to increase … Read more on […]
Natural gas is on the scene in Tanzania, and expectations are sky high. There are those who see this as the end of aid dependency, or the solution to the government’s perennial money troubles. And of course, there are others who see this as a personal opportunity to get rich quick. But not everybody’s expectations […]
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There are, simply, three major parts to the coming global economic mess that will be created as we enter into the period of Peak Oil. The first of these comes from the current rising demand for oil, particularly emphasized by those countries, such as China and India, where demand is rising fastest. The second part […]
July 1, 2014 Source: U.S. Energy Information Administration, Petroleum Supply Monthly U.S. crude production in April 2014 was 8.4 million barrels per day (bbl/d), with two states, Texas and North Dakota, accounting for nearly half of this total. Texas production topped 3.0 million bbl/d for the first time since the late 1970s, more than doubling […]
Accra — MUSIC, dance and fanfare dominated the day as then-President John Atta Mills, turned the valve on an offshore platform to signify the commercial production of oil and gas in commercial quantities in the Jubilee field of Cape Three Points in the Western Region of Ghana. It is situated in the Deepwater Tano and […]
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Tade Ipadeola is 2013 NLNG prize winner 10 October 2013 For his book, the Sahara Testament, poet and author, Tade Ipadeola has emerged winner of the 2013 Nigerian prize for literature organised by the Nigerian Liquefied Natural Gas, NLNG. Making the announcement at the Oceanview Restaurant earlier today, General Manager, External Relations of NLNG, […]
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In an earlier part of this series I wrote about the introduction of abrasive into waterjets, and the loss in energy that occurs when the abrasive and the air that transports it are accelerated into the waterjet stream in the mixing chamber of a conventional abrasive waterjet nozzle assembly. Figure 1. Conventional mixing of abrasive […]
Acting Libyan Prime Minister announces oil standoff is over Ibrahim Jadran Libya's acting Prime Minister Abdullah Al-Thani said on Thursday that the government has reached a deal with a rebel leader controlling oil ports to hand over the last two terminals and end a blockade that has paralysed the country … Read more on Middle […]
Recent research from the World Health Organisation reveals that air pollution is responsible for one in eight deaths globally. For people living on the Highveld in South Africa, these statistics represent a genuine threat. People in the Highveld suffer disproportionately from health problems directly related to pollution from Eskom’s coal-fired power stations in the region. […]
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There seems to be an increase in the strength of the quakes that are happening along the southern part of the line, initially focussed on the Reykjanes Ridge, but now apparently spreading further north. Although it looks intense, remember the scale over which the events are happening. And also remember that these indicate some movement, […]
July 3, 2014 Source: U.S. Energy Information Administration, from UK Department of Energy and Climate Change Fossil fuels (petroleum and other liquids, natural gas, and coal) account for most of the United Kingdom’s (UK) energy consumption. Although renewable energy use is growing, particularly in the electric power sector, fossil fuels accounted for 86% of total […]
Biogas is becoming an important source of energy in Tanzania. It is gradually replacing traditional fossil fuels and, as a regional project shows, is also bringing about a rethink of traditional gender roles. For Diana Mangula, cooking has become much easier now that she no longer has to struggle with the smoke-emitting firewood she used […]
Crude Oil Supplies Drop 0.8% After increasing 1.7 million barrels the previous week, this latest supply squeeze puts oil inventories back on the downward trajectory they had been following since the beginning of May. While imports fell slightly from the previous week, a 546,000 … Read more on Motley Fool Separating finely mixed oil and water […]
July 2, 2014 Source: Provided by GasBuddy.com On Monday, June 30, the national average retail gasoline price was $ 3.70 per gallon. Although this is the highest average heading into the Fourth of July holiday since 2008, gasoline prices in 2014 have remained well below the spring peaks reached in each of the previous three […]
