Tag Archives: World’s

Russia is world’s largest producer of crude oil and lease condensate

August 6, 2015 Source: U.S. Energy Information Administration, Russia is the world’s largest producer of crude oil (including lease condensate) and the second-largest producer of dry natural gas, after the United States. Hydrocarbons play a large role in the Russian economy, as revenue from oil and natural gas production and exports accounts for more than […]

Africa: An Extractive Affair – the World’s Poorest Country Loses Millions to Tax Dodging

analysis By Chisomo Manthalu And Tissie Msonkho ActionAid has released a new investigative report that reveals that cash-strapped Malawi lost over $ 43 million to one company in tax in the last six years. A new investigation we have released today, An Extractive Affair, has found that our government has lost out on more than […]

U.S. remained world’s largest producer of petroleum and natural gas hydrocarbons in 2014

April 7, 2015 Source: U.S. Energy Information AdministrationNote: Petroleum production includes crude oil, natural gas liquids, condensates, refinery processing gain, and other liquids, including biofuels. Barrels per day oil equivalent were calculated using a conversion factor of 1 barrel oil equivalent = 5.55 million British thermal units (Btu). The United States remained the world’s top […]

Kenya: Kenya Opens World’s Largest Geothermal Plant

By Margaret Wahito Nairobi — The cost of electricity in the country is expected to go down by 30 percent by the end of this month and 50 percent by early next year following the launch of the world’s largest geothermal power plant. The Olkaria IV power plant commissioned by President Uhuru Kenyatta in Naivasha […]

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