Tag Archives: Year

U.S. production of crude oil grew 5% in 2017, reaching 10 million barrels per day in the last two months of the year (3/14/2018)

Annual average U.S. crude oil production grew by 463,000 barrels per day (b/d) in 2017 to 9.3 million b/d after declining by 551,000 b/d in 2016. In November 2017, monthly U.S. crude oil production grew 1.2 million b/d year-over-year and reached the highest level of production in U.S. history, surpassing 10 million b/d, a level […]

U.S. petroleum product exports increase for 13th consecutive year, setting record

March 5, 2015 Source: U.S. Energy Information Administration U.S. exports of noncrude petroleum products from the United States averaged a record 3.8 million barrels per day (bbl/d) in 2014, an increase of 347,000 bbl/d from 2013, based on data from EIA’s . In particular, exports of motor gasoline, propane, and butane increased, offsetting a decrease […]

Midwest propane market more balanced than a year ago

February 6, 2015 Source: U.S. Energy Information Administration, Weekly Petroleum Status Report Higher inventories, milder weather, and falling crude oil and natural gas prices have resulted in a Midwest propane market that so far this winter has not experienced the challenges faced last winter, when the combination of depleted inventories and high winter demand . […]

NLNG bags oil, gas company of the year award

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NLNG bags oil, gas company of the year award 14 March 2013   THE Nigeria LNG Limited (NLNG) has been named the Nigerian Oil and Gas (NOG) Company of the Year at the just concluded Nigeria Oil and Gas Conference/Exhibition (NOG) in Abuja. According to CWC, organisers of the conference, NLNG emerged the company of […]

Tanzania: Reserve Fuel Arrives Towards End of the Year

By Alvar Mwakyusa THE first shipment of petroleum products for the long-awaited Strategic Petroleum Reserve (SPR) is expected in the country between the end of this year and early 2015, it has been revealed. Creation of the SPR will help the country cushion itself from both local and global unexpected shocks which could lead to […]

Africa: Powering Africa – A Successful Year But Only a Beginning

Washington, DC — Remarks delivered to the ‘Power Africa’ luncheon sponsored by the Just over a year ago, on a bright sunny day I stood at a power plant in Dar es Salaam, Tanzania listening to President Obama tell the world about the Power Africa initiative, an ambitious program with bi-partisan support in Congress. I […]

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