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This Nigerian Startup’s Minigrid Began as a School Project

Cars That Think

After he graduated from the Federal University of Technology in Owerri, Nigeria, his plan was to get a high-paying job at one of the multinational oil and gas companies based in the country. To improve his chances, he worked as an intern for two of them. He began researching how solar energy technology worked. GVE is on a hiring spree.

Nigeria 65
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UNICEF: 300M children worldwide breathing air exceeding WHO pollution guidelines by 6x or more

Green Car Congress

Almost one in seven of the world’s children, 300 million, live in areas with the most toxic levels of outdoor air pollution—six or more times higher than international guidelines set by the UN’s World Health Organization (WHO)— according to a new UNICEF report. The imperative for green investments could not be stronger.

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

Green Car Congress

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. Amin Nasser’s aim is to go beyond global oil markets.

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Opinion: The Current Oil Price Rally Is Reaching Its Limits

Green Car Congress

American oil companies have gutted their budgets and have put off drilling plans, with many projecting absolute declines in 2016. Moreover, supply outages in places like Iraq and Nigeria have also knocked at least a quarter of a million barrels per day offline, an unexpected disruption that put upward pressure on prices in March.

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Chevron announces $32.7B capital and exploratory budget for 2012; LNG and deepwater investments propel a step change

Green Car Congress

Major capital investments include developments in Australia, the deepwater Gulf of Mexico, Nigeria, Angola and China. First production is expected in 2016. Global exploration funding is expected to be $3 billion in 2012. Spending of $28.5 The project has already awarded $6 billion in contracts.

Chevron 170
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Opinion: Saudis Could Face An Open Revolt At Next OPEC Meeting

Green Car Congress

Interestingly, also, the Saudis increased their share of OPEC average daily output in the first half of 2015 over 2014 average daily volume—and their share of average daily global output. percent, during the same period; during the same period, OPEC output as a share of global output declined slightly, from 39.5 percent in 2016.

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Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

per barrel prices in 2015 and 2016, oil export revenues will undershoot these pessimistic IMF projections, as crude prices are projected to stay below $60 through 2016 (EIA estimates for Brent are $54.07 in 2015 and 2016 respectively). in 2015 and 2016 respectively). billion respectively). The emergence of the U.S.,

Russia 150