By Funmi Amodu, With Agency Reports Abuja–For the fourth month running, statutory revenue available for distribution between the three tiers of government dropped as the total revenue for October stood at N593.34 billion. The amount is about N10.192 billion lower than the N603.529 billion shared in September. This is just as governors of the 36 […]
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Photo: A mountain gorilla in Virunga National Park, North Kivu. press release Filmmaker joins Tutu and Branson in speaking out as DiCaprio-backed film launches David Attenborough has called for UK company Soco International to stop exploring for oil in one of Africa’s oldest national parks, days before a multi-award-winning documentary on the subject, executive produced […]
September 16, 2014 Source: T. Mason Hamilton, U.S. Energy Information Administration The global crude oil and refined product tanker fleet uses a classification system to standardize contract terms, establish shipping costs, and determine the ability of ships to travel into ports or through certain straits and channels. This system, known as the Average Freight Rate […]
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Jul
Jul
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 […]
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Jun
Jun
There are some ominous signs that we are beginning to reach a point where it is less economic to look for and develop new supplies of oil, as costs rise, return on investment becomes less certain, and alternate opportunities exist for the funds that promise a better return with a lower initial investment. The problem, […]
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