Tag Archives: into

Ghana: Parliament Passes Petroleum Revenue Management (amendment) Bill Into Law

press release The Bill, which was passed today after its third reading, seeks to amend the existing Act to provide for the allocation of Funds for the Ghana Infrastructure and Investment Funds, address some issues with the Ghana Stabilization Fund, the benchmark revenue projection and further empower the Ghana National Petroleum Company (GNPC) to become […]

U.S. retail gasoline prices lowest since 2009 heading into Memorial Day weekend

May 22, 2015 Source: Provided by On May 18, the U.S. average retail price for gasoline was $ 2.74 per gallon ($ /gal), or 92¢ per gallon (¢/gal) lower than at the same time last year. This is the lowest average price heading into the Memorial Day weekend—the traditional —since 2009. Lower gasoline prices reflect […]

Nigeria: President Signs Biosafety Bill Into Law

By Nkechi Isaac President Goodluck Jonathan has finally signed the National Biosafety Agency Bill, which is a milestone in the domestication of modern biotechnology in Nigeria, into law. Recall that the biosafety bill, sponsored by the National Biotechnology Development Agency (NABDA) was initially passed by the 6th National Assembly in 2011 but was not assented […]

32% of natural gas pipeline capacity into the Northeast could be bidirectional by 2017

December 2, 2014 Source: U.S. Energy Information Administration, Note: In this context, the Northeast includes the Northeast Census region as well as Delaware, Maryland, Ohio, and West Virginia. Republished December 2, 2014, 11:00 a.m. to update text. Spurred by growing natural gas production in Pennsylvania, West Virginia, and Ohio, the natural gas pipeline industry is […]

August differentials offer insight into Aramco’s oil pricing

August 8, 2014 Source: U.S. Energy Information Administration, based on data from Arab Oil & GasNote: OSP is Official Selling Price; ASCI is Argus Sour Crude Index; and BWAVE is Brent Weighted Average. The differential charged to each region is based on a different crude oil price benchmark: ASCI for the United States, BWAVE for […]

Waterjettting 23a – Injecting abrasive into a waterjet


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 […]

A perspective on U.S. gasoline prices heading into Fourth of July weekend

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 […]

Not Ready to Buy or Sell Your Equipment?

Join our international network of oilfield buyers & sellers! 
We respect your privacy as well as your time and that's why we only send our newsletter no more than TWICE A MONTH.
Two emails per month (maximum). No ads. No affiliate links.