Rising int’l price of crude forces hike in petrol price
Heirs Energies, Renaissance Africa collaborate to drive Nigeria’s oil and gas devt
World’s biggest oil trader sees $50 floor for crude prices
Ex-BP CEO says oil prices will rocket
Oil prices ‘will hit optimum level’ as demand grows
Oil consumption to rise to 400 000 bpd by 2023 — BMI
NLNG remits $21bn to JV feed gas suppliers
Promethean invests $20m in tin smelting plant
Buhari’ll reduce petrol to N40/L —David-West
Egypt’s Petrojet wins $185m contract for Iraq gas project
Danish company to produce electricity through wind
Sahara Group optimistic over prospect
Crude Production: BMI projects slim growth
NLNG spends $9.3bn on 6 trains
Fuel scarcity: NNPC, marketers appeal against panic buying
Nigeria loses N27bn to gas flaring
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SubscribeDemand for Nigerian crude drops in Asia
EXCEPT it finds buyers as soon as possible, the Federal Government’s capacity to finance the 2015 National Budget has been further reduced, as demand for Nigeria’s crude drops in the Asia market. The development increases concern of higher budget deficits in the current financial year.
Solar-powered internet drone completes first test flight
A PORTUGUESE startup that aims to use solar-powered drones to provide wireless internet access to offline areas of the world claims to have successfully completed its maiden test flight. The company Quarkson plans to use the SkyOrbiter drones that will stay airborne for weeks, months or even years at a time and will fly at altitudes of up to 22,000 metres.
Low crude oil prices leave thousands of US wells uncompleted
In February EOG Resources Inc. said it would delay a significant number of well completions and plans to close out 2015 with 285 uncompleted wells, up from 200 at the end of 2014. Continental Resources Inc. Apache Corp. and Anadarko Petroleum Corp. have also said that they plan to delay well completions until crude oil prices pick up again.
Govt to strengthen electricity reserve margin with new power plant
CAPETONIANS have been given a chance to learn more about the technical aspects of renewable energy in a practical way. Spokesperson for the two-day energy festival, Alexis Scholtz, highlights the benefits of renewable energy.
Buhari, let there be light – power first
It was in my Junior (third year) at the university, in the USA, when I undertook a study titled COMPARATIVE RELIGION, when the discovery was made. Until then I was under the mistaken impression that there were two religions in the world – Christianity and Islam. But, very soon, after arriving in the US in 1964, armed with an American Government Scholarship, a third religion was added to the list – Judaism.
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