Tag Archives: petroleum

New petroleum technology revitalizes Powder River Basin oil production

September 15, 2014 Source: U.S. Energy Information Administration and Drillinginfo, Inc. The Powder River Basin, well known for its abundant coal supply, is experiencing a turnaround in oil production. Production has rebounded from a low of 38,000 barrels per day (bbl/d) in 2009 to 78,000 bbl/d during first-quarter 2014. Although U.S. oil production growth is […]

Liberia: Liberia Petroleum Company Gives U.S.$75 K to Combat Ebola

Monrovia — The Liberia Petroleum Refining Company (LPRC) says it will contribute US$ 75,000 to the National Ebola Task Force set-up by President Ellen Johnson-Sirleaf on July 26. Addressing a news conference on July 28, LPRC Managing Director T. Nelson Williams said the decision was taken after an extraordinary board meeting in which the body […]

UK became a net importer of petroleum products in 2013

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 […]

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