article thumbnail

The 5 Countries That Could Push Oil Prices Up

Green Car Congress

Secretary of State Rex Tillerson went to lengths recently to assure European officials that it wouldn’t block business between European companies and Iran. But Libya’s restoration of output coincided with a similar reduction in violence in the Niger Delta. It might scare away new investment, but even U.S. mb/d currently.

article thumbnail

The Technical Failure That Could Clear The Oil Glut In A Matter Of Weeks

Green Car Congress

Maintenance of the field is expected, resulting in a shut-down of production—something that has been confirmed by Sadad Al Husseini, former VP Aramco. More money is needed, otherwise production fields will be closed down and international clients, including utilities or chemical companies, will bear the brunt of it.

Oil 186
article thumbnail

This Lockheed Martin Researcher’s Work on UAVs Saves Lives

Cars That Think

Compared with other aircraft, the spinning drone is simpler to produce, requires less maintenance, and is less complex to control because its only control surface is the trailing-edge flap. As part of the job, in Oghara, Nigeria, then a small fishing village along the Niger River, he collected fares and directed passengers on and off the bus.

Nigeria 93