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by Bloomberg Anthony DiPaola Tuesday, September 18, 2018 The Organization of Petroleum Exporting Countries is concerned by threats to crude supply from large producers such as Iran, according to the group's top official. (Bloomberg) -- The Organization of Petroleum Exporting Countries is concerned by threats to crude supply from large producers such as Iran, …
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The Nigerian Content Development and Monitoring Board (NCDMB) in collaboration with AOS Orwell and the Lagos State Electricity Board, have flagged-off the Smart Electrical Engineering Training programme for 50 engineers out of the 100 selected engineers to be trained at the Lagos Energy Academy in Lagos State. The specialised training is targeted at young …
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NCDMB begins training of 250 Bayelsa teachers The Nigerian Content Development and Monitoring Board (NCDMB) has commenced a development programme for select teachers of junior secondary schools in Bayelsa State in collaboration with the State Government. The programme commenced on Monday and will ultimately benefit teachers from the six geo-political zones of the nation, …
by Bloomberg Fred Ojambo Wednesday, September 19, 2018 (Bloomberg) -- Uganda’s planned oil refinery, due to process the country’s first crude output, may start two years behind schedule after project studies were delayed. The front-end engineering design, or FEED, initially due for completion last year, has only just begun, Energy Minister Irene Muloni said …
Continue reading "Uganda Pushes Oil-Refinery Start to 2022 as Project Plan Delayed"
by Valerie Jones Rigzone Staff Thursday, September 20, 2018 In the age of Big Data, the oil and gas industry is taking cues from technology companies to transform its E&P operations. Machine learning is transforming the way in which oil and gas is discovered and developed. And the help of big technology companies has …
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by Andreas Exarheas Rigzone Staff Thursday, September 20, 2018 Fitch Solutions Macro Research expects 'strong growth' in gas production in Egypt in the short term, a new report by the company has revealed. Fitch Solutions Macro Research expects “strong growth” in gas production in Egypt in the short term, a new report by the …
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IEA Warns of Higher Oil Prices as Iran and Venezuela Losses Deepen by Bloomberg Grant Smith Thursday, September 13, 2018 The IEA warns that oil prices could break out above $80 a barrel unless other producers act to offset deepening supply losses in Iran and Venezuela. (Bloomberg) -- The International Energy Agency warned that …
by Bloomberg Christopher Sell Thursday, September 20, 2018 OPEC's 60-year history has rarely confronted a more challenging period than the past decade. (Bloomberg) -- A global recession, both $140 and $30 oil, the U.S. shale revolution, a market-share war, and output cuts. OPEC’s 60-year history has rarely confronted a more challenging period than the …
Continue reading "OPEC’s Decade of Turmoil Leaves Cartel Seeking a New Way Forward"
by Bloomberg James Herron Thursday, September 20, 2018 US President Donald Trump resumes his criticism of OPEC, saying on Twitter that the cartel 'must get prices down now!' (Bloomberg) -- U.S. President Donald Trump resumed his criticism of OPEC, saying on Twitter that the cartel “must get prices down now!” Trump’s fresh intervention in …
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As part of efforts to bridge the projected medium-term gas supply gap expected by 2020, the Nigerian National Petroleum Corporation (NNPC) and Seplat Petroleum Development Company (SPDC) have signed five agreements to expedite the development of a project aimed at delivering about 3.4 billion standard cubic feet of gas per day by 2020. The project, …
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