September 30, 2015 Source: U.S. Energy Information Administration; Advanced Resources International Inc. (ARI); China National Petroleum Corporation’s (CNPC) Economics and Technology Research Institute; Sinopec; and Platts Note: Component cost is based on EIA/ARI component-based cost model and assumes average well depth of 11,500 feet, with 4,000 feet of horizontal drilling. 2013 cost data are based […]
Tag Archives: development
Petroleum Minister Sherif Ismail said that energy represents the essence of economic development in Egypt. The Minister pointed out that the exceptional circumstances witnessed by Egypt during the past four years created a temporary gap between the production and consumption of natural gas and petroleum products. Ismail stressed that there is a clear vision to […]
July 21, 2015 Source: stock photo Last month a group of industry stakeholders, and energy efficiency and environmental advocates, along with the U.S. Department of Energy (DOE), proposed . The working group represents an alternate approach to energy efficiency standards development within DOE. Formed in 2013 by DOE’s Appliance and Equipment Standards Program, the . […]
June 26, 2015 Source: U.S. Energy Information Administration and Advanced Resources International, Inc., World Shale Gas and Shale Oil Resource Assessment As recently as last year, only of either natural gas from shale formations (shale gas) or crude oil from tight formations (tight oil): the United States and Canada, and more recently, Argentina and China. […]
Decarbonizing Development, a new report from the World Bank, lays out a target of “zero carbon future” by the end of the century. The target year goal is the most conservative of the options laid out for negotiations in the climate summit in Paris in December. Such a long transition can rightly be criticized by […]
opinion By Tarila Marclint Ebiede The recent presidential elections in Nigeria have bolstered hope for democracy, both in the country and across the African continent. The challenge now, as always, will be to realise the hopes and aspirations expressed by both voters and the victorious party. To do this, President-elect Muhammadu Buhari, will have to […]
The language of the contemporary world, since the Industrial Revolution, is about energy. It has undoubtedly become the engine of industrialization and economic growth. Thankfully, this is a fact that the APRC government is cognizant of, given that no meaningful development is possible in the absence of a vibrant energy sector. And like agriculture, the […]
press release Abuja, Nigeria — With a commitment to boost electricity supply in Nigeria, President Goodluck Ebele Jonathan and the Federal Government are on track to restore uninterrupted power supply to Nigerians and to complete ongoing independent power projects spread across the country. To boost this effort, the Nigerian Ministry of State for Power submitted […]
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Procurement, a veritable tool for socio-economic development 09/09/2014 10:50
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