This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The International Energy Agency (IEA) estimates that global refining capacity decreased by 730,000 barrels per day (b/d) in 2021—the first decline in global refining capacity in 30 years. million b/d since the start of 2020, contributing 184,000 b/d to the global decline in 2021. million b/d in 2022 and by an additional 1.6
According to the latest report from the United Nations (UN), the global population in 2018 was 7.6 By 2050, the global population is expected to soar to 9.7 New Delhi in India, Cairo in Egypt, Lagos in Nigeria). The world has experienced significant urbanization in recent decades. billion and the urban population was 4.2
The value of the global three-wheeler market will grow at a compound annual growth rate (CAGR) of 13% during 2014-19, according to a recently published report by TechSci Research, “Global Three Wheeler Market Forecast and Opportunities, 2019”. cannot effectively penetrate.
The International Energy Agency’s (IEA’s) Oil Market Report (OMR) for December raised the estimate of global oil demand for 2013 by 130,000 barrels per day (130 kb/d) to 91.2 Global demand is now seen advancing by 1.2 Global oil supplies increased by 310 kb/d in November to 92.3 Global refinery crude runs plunged to 73.6
Rising global LNG demand once COVID-19 restrictions began to ease, as well as continuous unplanned outages at LNG export facilities in several countries (including Australia, Malaysia, Nigeria, Algeria, Norway, and Trinidad and Tobago), also contributed to increased US LNG exports.
Asia is expected to register the highest refinery Fluid Catalytic Cracking Units (FCCU) capacity additions globally between 2022 and 2026, accounting for approximately 48% of the total capacity additions by 2026, according to GlobalData, a data and analytics company.
Led by the tiny Pacific island of the Federated States of Micronesia, a growing group of low-lying islands and other vulnerable countries are calling for fast action on the approximately 50% of global warming that is caused by pollutants other than carbon dioxide (CO 2 ).
As the world population increases by the estimated 30% from 2010 to 2040, ExxonMobil sees global GDP rising by about 140%, but energy demand by only about 35% due to greater efficiency. The Outlook for Energy provides ExxonMobil’s long-term view of global energy demand and supply. Click to enlarge. Outlook for Energy.
million metric ton per annum and a storage capacity of 200,000 cubic meters, as well as ancillary facilities to be located 60km from the shore of Akwa Ibom State, Nigeria. The FLNG facility will have a Liquified Natural Gas (LNG) nameplate production capacity of 1.2 —NJ Ayuk, the Executive Chairman of the AEC.
GE Energy Storage was born in New York’s Capital Region from an idea that we turned into an advanced manufacturing plant and a global business that we expect will generate more than $1 billion in revenue annually in just a few years.
The combination of these two complementary portfolios will allow the Group to manage an overall volume of around 40 million tonnes of LNG per year by 2020, making Total the second largest global player among the majors with a worldwide market share of 10%. This transaction will bring to Total: 2.5
The authors combined a global dataset of ambient NO 2 (modelled from ground-level monitors, satellite data, and land use variables such as road networks) with data on population distribution and asthma incidence to estimate the number of new traffic pollution-related asthma cases in children aged 1-18 years.
While the Department of Defense (DoD) is one of the world’s largest fuel users, its consumption of about 340,000 bpd is a small fraction (less than one-half of 1 percent) of global petroleum demand. A fourth volume examining energy security in Nigeria and other nations in the Gulf of Guinea is scheduled for later publication.
The United Nations Development Programme (UNDP) has established a causal link between climate change and the rise in armed conflicts in sub-Saharan African countries: Burkina Faso, Cameroon, Chad, Mali, Niger, Nigeria, Somalia, and Sudan. This region has become the global epicenter of violent extremist activity.
With the huge reduction in its revenues and growing discomfort among its members such as Venezuela, Libya and Nigeria over its current production levels, is OPEC really getting weaker? Nigeria’s dilemma. Nigeria is Africa''s largest oil producer and among the top 5 global exporters of LNG. Iraq’s Issues.
To kick off the initiative, Broin announced that the POET Foundation has committed more than $420,000 to the non-profit Global Health Ministries (GHM) over the same five-year period as POET’s water reduction goal. POET will also look at water use beyond the company’s facilities.
A newly released GE study — Flare Gas Reduction: Recent Global Trends and Policy Considerations —estimates that 5% of the world’s natural gas production is wasted by burning or “flaring” unused gas each year, despite some progress on the flaring issue. It will help slow global warming while also saving scarce natural resources.
Nexen will complement CNOOC’s large offshore production footprint in China and extend CNOOC’s global presence with a focused on conventional oil and gas, oil sands and shale gas. As of 31 December 2011, CNOOC owned net proved reserves of approximately 3.19 billion boe, and its net production averaged 909,000 boe/d.
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. —Eklavya Gupte, senior editor for S&P Global Platts. million b/d in June in order to meet domestic demand.
million in payments to be made to intermediary companies in order to secure improper advantages to obtain and retain business with state-owned and state-controlled entities in West Africa, including Nigeria, Cameroon, Ivory Coast, and Equatorial Guinea. operated a global commodity trading business, which included trading in fuel oil.
Ricardo’s Rising-15 automotive markets include: Argentina; Egypt; Indonesia; Iran; Malaysia; Mexico; Morocco; Nigeria; Peru; the Philippines; South Africa; Thailand; Turkey; Ukraine; and Vietnam. Nissan introducing new Datsun in Indonesia. —Andreas Schlosser, Ricardo Strategic Consulting managing director for Central Europe.
The report analyzes several LNG pathways, including LNG from Algeria, Australia, Qatar, Indonesia, Malaysia, Nigeria, Norway, Trinidad & Tobago and the USA. In addition to the life cycle GHG emissions, criteria pollutants, such as SO x , NO x , and PM, were considered for the use phase of the fuels.
Major capital investments include developments in Australia, the deepwater Gulf of Mexico, Nigeria, Angola and China. Upstream spending for major capital projects in other regions includes: Nigeria: development of the Usan and Agbami deepwater fields, and construction of the Escravos gas-to-liquids facility. Spending of $28.5
Shell is a global leader in deep water with a strong development pipeline following last month’s completion of the BG combination, across offshore Brazil, the US Gulf of Mexico, Nigeria, and Malaysia.
A new Ford Motor Company pilot program aims to enhance mobility health services in rural areas of South Africa and Nigeria. Ford Motor Company and its philanthropic arm, Ford Fund, have worked for decades on multiple projects globally to advance human welfare; Project Better World is the latest example. Mobility and electrification.
The ‘Fragile Five’ petrostates—Iran, Iraq, Libya, Nigeria and Venezuela—continue to see supply disruption potential, with northern Iraq crude exports at risk due to an escalation of tensions between the (Kurdistan Regional Government), Baghdad and Turkey, while the United States has decertified the 2015 Iran nuclear deal,” U.S.
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.
According to the latest available figures from the GECF Global Gas Outlook 2050, natural gas production in the Central Asian Republic is set to increase by 78% to reach the level of more than 141 billion cubic metres (bcm) by 2050, at a remarkable annual growth rate of 1.9%.
Nigeria or Algeria cannot do the same for their oil industry. This scenario assumes a full global consensus for action on climate change. A wave of green globalization allows all countries to share in the benefits of decarbonization. Saudi Arabia and Kuwait might, and should be encouraged to do so. —Goldthau et al.
In Nigeria, families who had clean cook stoves that reduced indoor air pollution during a nine-month pregnancy term saw higher birthweights, greater gestational age at delivery, and less perinatal mortality. In addition to city-wide polices, reducing air pollution within the home also led to health benefits.
Kingsley Fregene Saving lives in Nigeria Fregene’s aim to keep people safe started with his first after-school job, as a bus conductor, when he was in the sixth grade. 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.
India, Poland, Hungary, Saudi Arabia, Brazil, Nigeria, the UAE, and Europe. The Ax-4 mission underscores Axiom’s role in redefining access to low-Earth orbit, fostering global collaboration, and advancing microgravity research. The Ax-4 mission’s research portfolio will be Axiom’s most extensive.
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. Orajaka says his off-grid system of the first of its kind developed and implemented in Nigeria. The IEEE member is GVE’s chief executive.
The International Institute for Sustainable Development’s Geneva-based Global Subsidies Initiative ( GSI ) has issued a five-part series of reports into how nations might remove fossil-fuel subsidies, on the eve of a meeting of G20 finance ministers in Washington this week. Some data exist on most types of fossil fuel subsidies.
The undisputed king of oil and gas is making some moves that could change the face of the global refining sector. With Saudi Arabia's refined fuel contributing to the global supply glut, what will be its impact on the refining markets especially those in Asia? by Gaurav Agnihotri for Oilprice.com.
ExxonMobil expects to increase its global production volumes this year by 2% to 4.1 Kearl’s bitumen was first processed in ExxonMobil refineries to help the company fully understand its properties before introducing it to the market. It is now processed in more than 25 refineries around the world.
Nangolo Mbumba | X Credit: Dr. Nangolo Mbumba | X Credit: Dr. Nangolo Mbumba | X Currently, Starlink is available in a handful of countries in Africa, including Botswana, Ghana, Kenya, Nigeria, South Sudan, Zambia, Zimbabwe, and, as of Tuesday, Burundi.
The IHS Markit report, entitled: “Back to the Basins: International Shorter-Cycle Opportunities,” initially assessed five, short-cycle projects outside the US in mature, late-life basins in Mexico, Nigeria, Egypt, Brazil and the North Sea, and included both shallow water and mature, onshore areas that break even at per-barrel costs under US$40.
Nigeria is witnessing a transformative shift in its transportation landscape as the adoption of electric vehicles (EVs) gains momentum. This evolution is driven by a combination of governmental policies, economic factors, and environmental considerations, positioning Nigeria as a burgeoning hub for electric mobility in Africa.
Multiple studies through the years have shown that global birth rates are declining. like Nigeria, which has a replacement rate of 5.4. For instance, Nigeria’s current fertility rate decreased from 6.35 It’s completely the opposite. Please look at the numbers. If people don’t have children, civilization is going to crumble.
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. American oil companies have gutted their budgets and have put off drilling plans, with many projecting absolute declines in 2016.
The argument emerged that having contributed to the collapse of world oil prices, US LTO was the new global swing producer, replacing OPEC leader Saudi Arabia in that role. He was also optimistic WTI could exit 2016 at $70 because of the rapid rebalancing of global crude supply and demand. Every forecast must carry these caveats.
As the IEEE Foundation marks its 50-year anniversary, the global need for sustainable development, Internet access, STEM education and inspiring a new, diverse generation of technologists to take up such worthy endeavors has never been greater,” Ralph Ford , the Foundation’s president, said in a news release about the anniversary. “I
HTB also will continue to host HAC’s annual Global Summit. By doing so, IEEE can have a more graduated and aggregated global impact.”. American Society of Association Executives ’ Power of Associations Summit Award in the global development category. United Nations and other organizations.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content