article thumbnail

Platts: June OPEC output of 32.73M barrels of crude per day, highest since Aug. 2008

Green Car Congress

million b/d, as production in Nigeria and Libya tentatively recovered along with steady increases for Saudi Arabia and Iran, according to an S&P Global Platts survey of OPEC and oil industry officials. Nigerian production hit 30-year lows in May as militancy continued in the country’s oil rich Niger Delta.

article thumbnail

"Transmission Losses:" West African pirates

Plugs and Cars

West Africa's burgeoning oil industry has a pirate problem. Most were related to the oil industry. By 2015 the region is expected to be supplying 25 percent of U.S. They robbed the crew, shooting and wounding the captain and six of his men. The Westhaf, built in 1986, is used as a floating storage and processing terminal.

Nigeria 100