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The partners in Nigeria LNG (NLNG)—Nigeria National Petroleum Corporation (NNPC) (49%), Shell (25.6%), Total (15%) and Eni (10.4%)— have taken the final investment decision (FID) for the expansion project of the liquefied natural gas (LNG) plant at Bonny Island. Mtpa—a 33% increase. Mtpa—a 33% increase.
The import share of the top five suppliers increased by 8 percentage points over the past three years despite a decline in total US import volumes as the United States reduced its total crude oil imports in response to higher domestic oil production. During 2012, Iraq replaced Nigeria as the fifth-largest supplier of US crude oil imports.
The amount of crude oil the United States imported from its top five foreign suppliers—Canada, Saudi Arabia, Mexico, Venezuela, and Nigeria—increased slightly during 2011, even though total US crude oil imports fell to their lowest level in 12 years, according to the US Energy Information Administration. Crude oil imports of 1.1
The Dangote Petroleum Refinery, which covers an area of approximately 2,635 hectares—about the six times the size of Victoria Island in Lagos, Nigeria—is expected to be Africa’s largest oil refinery and the world’s largest single-train facility. Everything in this plant by way of size is the first.
These include the financing and construction of an oil refinery in the DRC to be owned jointly by both countries to meet regional demand for refined petroleum products, along with the construction of storage facilities for refined products. West-Central Coastal Province, West Africa. —DRC Minister Didier Budimbu Ntubuanga.
Production is now underway from the Cardamom development, the second major deep-water facility Shell has brought online in the US Gulf of Mexico this year, following the start-up of Mars B in February. When at full production of 50,000 barrels of oil equivalent a day (boe/d), Auger’s total production capacity will increase to 130,000 boe/d.
A newly released GE study — Flare Gas Reduction: Recent Global Trends and Policy Considerations —estimates that 5% of the world’s natural gas production is wasted by burning or “flaring” unused gas each year, despite some progress on the flaring issue. Click to enlarge.
Petrobras’ average oil and natural gas production in Brazil in 2009 was 2,287,457 barrels of oil equivalent (boe), 5.1% Oil production only topped-out at the daily average of 1,970,811 barrels, a 6.3% Abroad, the average oil production was 140,576 barrels per day in 2009, 13.7% more than a year ago (2,175,896 barrels/day).
Global demand for refined products dropped substantially in 2020 as a result of the COVID-19 pandemic. Less petroleum demand and the associated lower petroleum product prices encouraged refinery closures, reducing global refining capacity, particularly in the United States, Europe, and Japan.
Domestic natural gas production was 57.317 million cubic meters per day in June. Figuring in the exclusive production of oil from domestic fields, the company had an increase of 2.2% slump due to operating issues and to the payment of taxes in Akpo, Nigeria. This was 6.9% more than the same month in 2010, and 0.7%
times as energy intensive to produce as conventional diesel, which restricts the current financial and environmental feasibility of algae production, according to a new life cycle analysis by a team from the Smith School of Enterprise and the Environment, University of Oxford. Currently, algae-derived-biodiesel is up to 2.5 tons/ha/year).
UTM Offshore signed an agreement for the Front-End Engineering Design (FEED) for Nigeria’s first Floating Liquefied Natural Gas (FLNG) facility with engineering firms KBR, JGC Corporation and Technip Energies. The FLNG facility will have a Liquified Natural Gas (LNG) nameplate production capacity of 1.2
billion oil-equivalent barrels—the bulk of it from Canadian oil sands—replacing 103% of production. Excluding the impact of asset sales, reserves additions replaced 110% of production. Proved additions were also made in a diverse range of countries including the United States, Norway, Nigeria, Angola and Australia.
During the production test in the oil interval, the well flowed more than 5,000 barrels of oil per day at 36° API gravity. Eni has been present in Congo since 1968 and today has an equity production of 105,000 barrels of oil per day in the country. billion barrels of oil equivalent in place.
The new Durathon battery products ( earlier post )—half the size of conventional lead acid batteries but which last ten times longer—are targeted for cost-effective energy storage options for a range of applications, including telecom and utility operators.
Shell and its joint venture announced the start of oil production from the third phase of the deep-water Parque das Conchas (BC-10) development in Brazil’s Campos Basin. The development is the first of its kind based fully on subsea oil and gas separation and subsea pumping.
When the oil sands products refined in the United States are considered—a mixture of oil sands and lower-carbon blending components—the GHG emissions are, on average, 9% higher than the average crude processed in the US. Average values for WTW GHG emissions for oil sands and other crudes, tight boundary. Source: IHS CERA.
Tests will be carried out to assess the productivity of these reservoirs and to analyze the possibility of interconnecting the well to platform P-48, which is currently in operation in the Caratinga Field, seeking to take advantage of the production and offloading infrastructure already installed in the area. Production up 3.2%
CNOOC Limited—China’s largest producer of offshore crude oil and natural gas and one of the largest independent oil and gas exploration and production companies in the world—is acquiring all of the Common Shares of Canada-based energy company Nexen Inc. Nexen had average production of 207 mboe/d (after royalties) in Q2 2012.
A fourth volume examining energy security in Nigeria and other nations in the Gulf of Guinea is scheduled for later publication. Notable examples of nations where security shortfalls are significantly impeding investment and production are Nigeria; Iraq; Sudan; and, most recently, Libya. Could oil production peak before 2030?
POET plans to decrease water use in the production of ethanol by 22% over the next five years in the first goal of its sustainability initiative, Ingreenuity. A portion of the funds will help GHM repair, construct and maintain 90 wells in Nigeria that will give more than 300,000 people access to pure water.
However, OPEC has been in the line of fire from the western world in light of its stance of not reducing the production levels of its member nations (excluding Iran). Most view this as a strategy to squeeze the American shale production and other non-OPEC nations. Nigeria’s dilemma. (Source: opec.org). All is not well for OPEC.
The company with products and services in power generation, transmission, distribution, construction and telecommunications, signed another agreement to purchase 6,000 batteries when GE Energy Storage formally opened the new Schenectady facility. These batteries will ensure the continuous operation of telecom installations in Nigeria.
Volkswagen also this week inaugurated a vehicle production facility in Kenya. At the inauguration, Diess underlined Kenya’s key role within the Volkswagen brand’s Africa strategy: “ After over 60 years of Volkswagen vehicle production in South and North Africa, I am delighted to now have a further site in Kenya. initiative.
It seems like just yesterday when OPEC met in 2016 and decided to cut production by 1.8 In spite of reservations expressed by Nigeria and Libya, if Saudi Arabia managed to convince everyone to cut amid the major tensions with Iran ahead of the U.S. Production is also at record highs, like Russia’s was ahead of the first cuts in 2016.
We believe these investments will yield significant production growth and reward our shareholders for years to come. By 2017, we expect our net crude oil and natural gas production to grow about 20 percent to 3.3 billion is planned for exploration and production activities, including major natural gas-related projects.
The project is slated to be the first plant in the US to produce Fischer-Tropsch GTL transportation fuels and other products from natural gas, according to Sasol. High temperature iron, for Secunda fuels and chemicals production. The majority of the scenarios suggest an at least neutral if not positive GHG performance (i.e.
Oil production from the Organization of the Petroleum Exporting Countries (OPEC) crude oil output surged 300,000 barrels per day (b/d) in June, close to an eight-year high of 32.73 If the situation persists, the case for a return to some kind of production cap may gain traction. million b/d in June in order to meet domestic demand.
The Long Lake SAGD Operation is expected to have through-put rates of approximately 72,000 barrels per day of bitumen at full production. It is anticipated that the Long Lake Upgrader will ultimately produce approximately 58,500 barrels per day of products, primarily Premium Sweet Crude (PSC).
million in payments to be made to intermediary companies in order to secure improper advantages to obtain and retain business with state-owned and state-controlled entities in West Africa, including Nigeria, Cameroon, Ivory Coast, and Equatorial Guinea. Between approximately January 2011 and August 2019, Glencore Ltd.
First production is expected at the end of 2016. In delivering this important project into production we will be securing vital long-term energy supply to Japan.Ichthys production volumes represent more than 10% of Japan’s LNG imports at current. In addition to its LNG production, the Ichthys project is expected to generate 1.6
The skepticism shown by a majority of financial analysts and oil commentators about the real threat to global oil (and gas) production volumes was countered by the news that the production at Saudi Aramco’s main offshore oil field, Manifa, has been hit by technical problems. The Saudi situation is not different from its neighbors.
The ‘Fragile Five’ petrostates—Iran, Iraq, Libya, Nigeria and Venezuela—continue to see supply disruption potential, with northern Iraq crude exports at risk due to an escalation of tensions between the (Kurdistan Regional Government), Baghdad and Turkey, while the United States has decertified the 2015 Iran nuclear deal,” U.S.
The vehicle fleet required for the planned mobility solutions is to be taken entirely from local production. Production will start with several hundred vehicles in mid-2018, and capacity will gradually be expanded to up to 5,000 vehicles per year. Vehicle assembly began in Nigeria in 2015, and in Kenya in December 2016.
Yet-to-find (YTF) resources will contribute to around 30% of the total production of natural gas worldwide by 2050, according to Yury Sentyurin, the Secretary General of the Gas Exporting Countries Forum (GECF). It will see production rise across all regions of the world, with the exception of Europe, where it will decline by 70% by 2050.
Vehicle assembly began in Nigeria in 2015, with assembly in Kenya getting underway in December 2016. For this purpose, an environmentally compatible local vehicle production facility is to be established in the capital city Kigali to cover vehicle demand for the integrated mobility concept. —Thomas Schäfer.
To make sure the idea of the aCar becomes more than just an idea and actually makes it to series production, Sascha Koberstaedt and Martin Šoltés have founded the company “Evum Motors GmbH”. The team was working among other things on optimizing weight, on electrical systems and software, acoustics and ergonomic seating and visibility.
5 Nigerian pirates stormed a Panamanian-flagged Ukrainian tanker, the Westaf, anchored off Lagos, Nigeria's commercial capital, according to the Sovfracht Maritime Bulletin published in Kiev. West Africa's burgeoning oil industry has a pirate problem. They robbed the crew, shooting and wounding the captain and six of his men.
Reducing tropospheric ozone can improve public health as well as agricultural productivity. The Parties included Micronesia and other small island nations, the Philippines, Indonesia, Bangladesh, Egypt, Congo, Nigeria, the 27 countries of the EU, as well as Japan, the US, Canada, and Mexico.
A new Ford Motor Company pilot program aims to enhance mobility health services in rural areas of South Africa and Nigeria. The 2015-16 Sustainability Report highlights key environmental benchmarks and the ongoing work of the automaker, including its expanded focus beyond vehicle production to developing mobility solutions for the future.
This includes the following life cycle phases: production & processing; pipeline transport; liquefaction; LNG carrier transportation (for imports); LNG terminal operations (for imports); bunkering (dispensing); and the final combustion in the engine.
Because of the potential use of castor bean as a biofuel and its production of the potent toxin ricin, the team focused efforts on genes related to oil and ricin production. They analyzed important metabolic pathways and regulatory genes involved in the production and storage of oils in the castor bean.
Production cost and breakeven figures that analysts enjoy bandying can trap you in bubble of black-and-white mathematics that is a few brush-strokes shy of a full picture. Saudi Arabia and Kuwait enjoy some of the lowest production costs in the world, at about $10 and $8.50, respectively, according to Rystad Energy data.
Peugeot is revisiting its history in the pick-up segment, particularly in Africa, dating back to the Peugeot 403 Camionnette-Bâchée of 1956, the Peugeot 404 Camionnette-Bâchée of 1967, and then the Peugeot 504 Pick-up which succeeded it until 2005, the last year of production in Nigeria.
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