June 12, 2015 Source: U.S. Energy Information Administration, based on Alaska’s crude oil production has declined from 1.8 million barrels per day (MMb/d) in 1991 to 0.5 MMb/d in 2014, and it is expected to continue declining through 2040. Almost 75% of Alaska’s crude oil production from 1990 to 2012 was from the Prudhoe Bay […]
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May 8, 2015 Source: U.S. Energy Information Administration, Commercial Buildings Energy Consumption Survey (CBECS) Increases in the size of commercial buildings have outpaced increases in the number of those buildings over the past decade, according to EIA’s . EIA’s CBECS is the only nationally representative data collection for building characteristics and energy use in commercial […]
March 2, 2015 Source: U.S. Energy Information Administration, based on Navigant Consulting, Inc. Note: Assumes set-top box has automatic power down enabled. About 85% of U.S. households have at least one set-top box (STB) designed to deliver subscription-based television service by cable, satellite, or other telecommunication signals, according to 2013 data from the National Cable […]
By Bukola Idowu, Friday Atufe, Chima Akwaja, Olushola Bello The federal government plan to raise about N450billion through internally generated revenue (IGR) for the 2015 budget would not be sufficient going by the continuing fall in the price of crude oil at the international market experts have said. The government’s 2015 budget proposal was sent […]
analysis By Zhou Hang China’s economic engagement with South Sudan, the world’s youngest country, is growing rapidly since the latter’s independence in 2011. According to the Chinese and South Sudanese official statistics, around 100 to 140 Chinese enterprises currently operate in South Sudan. Since 2008, they have concluded agreements worth about 10 billion USD with […]
September 12, 2014 Source: U.S. Energy Information Administration, Republished September 12, 2014, 10:20 a.m., the end date on the second graph was corrected. Storage injections have continued to outpace the five-year (2009-13) average this summer, with inventories as of September 5 at 2,801 billion cubic feet (Bcf), according to data from the , with stocks […]
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 […]
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 […]