Nigeria LNG moves ahead with $10B expansion; 30 Mtpa

Green Car Congress

The partners in Nigeria LNG (NLNG)—Nigeria National Petroleum Corporation (NNPC) (49%), Shell (25.6%), Total (15%) and Eni (10.4%)— have taken the final investment decision (FID) for the expansion project of the liquefied natural gas (LNG) plant at Bonny Island. With this expansion, it will become one of the world’s most important LNG gas hub, and it will allow partners to further leverage Nigeria’s abundant associated gas resources.

"Transmission Losses:" Nigeria's oil pipeline sabotaged

Plugs and Cars

Shell has shut three flow stations after its oil pipeline in the Niger Delta was sabotaged. Recent attacks have resulted in $1bn a month in lost revenue. Source: bbc.com

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Why North Dakota Is Like Iran, Iraq, Nigeria & Russia: Wasted Natural Gas

Green Car Reports

If North Dakota were a country, it would rank fifth behind Russia, Nigeria, Iran, and Iraq on the list of worst natural-gas wasters, according to the World Bank. What does North Dakota have in common with Iran? An editorial in The Forum of Fargo-Moorehead blasted the North Dakota natural-gas industry for wasting valuable resources through flaring

Oil makes us impotent

Plugs and Cars

Sani Abacha of Nigeria, asking him to spare Mr. Saro-Wiwa from the hangman. Tags: shell oil Big Oil bill clinton nigeria “I had a surprising call this week,” the author Richard North Patterson told the audience that had gathered last weekend as part of the PEN World Voices Festival of International Literature. It was former President Bill Clinton.

Oil 100

"Transmission Losses:" West African pirates

Plugs and Cars

5 Nigerian pirates stormed a Panamanian-flagged Ukrainian tanker, the Westaf, anchored off Lagos, Nigeria's commercial capital, according to the Sovfracht Maritime Bulletin published in Kiev. In the Niger Delta, the pirates in armed speedboats attack tankers and work with militants in the delta's swamplands who steal around 150,000 barrels a day from oil installations or pipelines, around 5 percent of Nigeria's daily production.

2010 100

Opinion: How Much Longer Can OPEC Hold Out?

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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. by Gaurav Agnihotri for Oilprice.com.

2015 96

EIA: Top 5 US crude oil suppliers account for 72% of total crude imports; highest proportion since 1997

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During 2012, Iraq replaced Nigeria as the fifth-largest supplier of US crude oil imports. Crude oil imports of 474,000 bbl/d were up slightly more than 3% from 2011, moving Iraq ahead of Nigeria as the fifth-largest oil supplier to the United States for the first time since 1999. Nigeria.

Iraq 88

Study finds rapid health benefits following air pollution reduction

Green Car Congress

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. Reductions in air pollution yielded fast and significant impacts on health-outcomes, as well as decreases in all-cause morbidity, according to new open-access research published in Annals of the American Thoracic Society.

2019 69

TUM, partners to present electric aCar prototype at IAA; transport for sub-Saharan Africa

Green Car Congress

Researchers at the Technical University of Munich (TUM) and partners will present their new prototype of an electric four-wheel drive utility vehicle designed for Africa—the aCar — at the International Motor Show (IAA) in Frankfurt next month.

EIA: nearly 69% of US crude oil imports in 2011 originated from 5 countries; Canada alone accounted for 25%

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Canada, Saudi Arabia, Mexico, Venezuela, and Nigeria have consistently been America’s five largest crude oil suppliers, although their rankings varied from year to year. However, US purchases of crude oil in 2011 increased from Canada and Saudi Arabia and declined from Mexico, Venezuela, and Nigeria, according to final trade data from EIA’s February 2012 Company Level Imports report. Nigeria.

China-based GAC to debut new SUV, hybrid crossover and EV at Detroit show; planning NA market entry in 2018

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The company has sold 370,000 vehicles in 2016, a 97% year-on-year increase that makes the company the fastest growing auto brand in China while establishing sales and services networks in 14 countries as the company expands further in the international market, including the recent mega launch events of GS4 in Bahrain and Nigeria and tripling the number of cars sold in Bahrain a year after entering the market as the best-selling Chinese auto brand in the country.

Global Gas Prices | Hybrid Sales

Hybrid SUV Blog

Nigeria. sales of hybrid SUVs and other fuel efficient vehicles will prove interesting to watch this year, especially if fuel prices remain relatively low. Expert predictions about where oil and gas prices are headed vary widely.

2010 102

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

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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. OPEC’s 300,000-barrel-per-day output rise in June, boosted by fragile recoveries in Libya and Nigeria, and the unrelenting rise in Iran and the increase in Saudi Arabia, sends a strong message over its unwavering market share strategy.

2008 60

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

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In the three countries with the highest child populations (India, China and Nigeria), the number of cars is likely to grow considerably in the coming decades, which will be particularly marked in Africa, and substantial too in South Asia.

2016 106

Study estimates ~4M children worldwide develop asthma each year because of NO2 air pollution

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Among the 125 cities, NO 2 accounted for 6% (Orlu, Nigeria) to 48% (Shanghai, China) of pediatric asthma incidence.

2019 150

Opinion: Who Will Be Left Standing At The End Of The Oil War?

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For Nigeria, Libya and Iraq, the breakeven point is the point at which they can fund the fight against Boko Haram, a civil war and the Islamic State, respectively. And that’s with per barrel production costs of around $31/$32 in Nigeria, $23/$24 in Libya, and $10/$11 in Iraq.

2016 109

Peugeot returns to the pick-up market in Africa; 2.5L diesel

Green Car Congress

Peugeot is revisiting its history in the pick-up segment, particularly in Africa, dating back to the Peugeot 403 Camionnette-Bâchée of 1956, the Peugeot 404 Camionnette-Bâchée of 1967, and then the Peugeot 504 Pick-up which succeeded it until 2005, the last year of production in Nigeria.

Volkswagen establishes new Sub-Saharan Africa region

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Vehicle assembly began in Nigeria in 2015, with assembly in Kenya getting underway in December 2016. The Volkswagen brand has established a "Sub-Saharan Africa” region to develop and strengthen its activities in the African market. Sub-Saharan Africa refers to the area of the African continent south of the Sahara.

Volkswagen founds mobility services company in Rwanda; to begin local assembly of Polo and Passat

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Vehicle assembly began in Nigeria in 2015, and in Kenya in December 2016. The Volkswagen brand has founded “Volkswagen Mobility Solutions Rwanda”, a company based in Rwanda. The objective is to provide modern integrated mobility services in Africa in future. As part of its worldwide regionalization strategy, Volkswagen is planning to expand its business presence significantly in Sub-Saharan Africa.

Lifecycle study finds LNG can reduce shipping GHG emissions by up to 21%

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The report analyzes several LNG pathways, including LNG from Algeria, Australia, Qatar, Indonesia, Malaysia, Nigeria, Norway, Trinidad & Tobago and the USA.

2019 100

Eni reports important new discovery offshore Congo

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Eni has been present in Sub-Saharan Africa since the 1960s and currently participates in exploration and production projects in Angola, Congo, Ghana, Gabon, Mozambique, Nigeria, Democratic Republic of Congo, Kenya and Liberia. Eni reports making an important new exploration discovery in the Marine XII Block located approximately 17 kilometers (10.6 miles) offshore Congo.

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Shell delivers more Brazil deep-water production from Parque das Conchas; 3rd phase of project

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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. Shell and its joint venture announced the start of oil production from the third phase of the deep-water Parque das Conchas (BC-10) development in Brazil’s Campos Basin.

2016 60

The 5 Countries That Could Push Oil Prices Up

Green Car Congress

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. Nigeria. by Nick Cunningham for Oilprice.com.

2017 65

IEA: non-OPEC oil supply tops 43 mb/d for first time in decades; global demand to reach 92.4 mb/d in 2014

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Renewed disruptions in Libya and smaller drops in Nigeria, Kuwait, the United Arab Emirates and Venezuela more than offset higher output in Iran, Iraq and Angola. 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 million barrels per day (mb/d), on stronger-than-expected third-quarter demand growth among OECD countries of 320 kb/d.

Volkswagen & Siemens launch joint electric mobility pilot project in Rwanda

Green Car Congress

As such, Volkswagen has significantly expanded its engagement in Africa with the establishment of assembly facilities and marketing activities in Kenya, Rwanda and Nigeria. In a first for the African continent, the Volkswagen Brand has launched a pilot project in partnership with Siemens to test the feasibility of electric mobility in an African country.

Ford Sustainability Report details pilot program in South Africa to deliver health care, education

Green Car Congress

A new Ford Motor Company pilot program aims to enhance mobility health services in rural areas of South Africa and Nigeria.

The Saudi Dilemma: To Cut Or Not To Cut

Green Car Congress

In spite of reservations expressed by Nigeria and Libya, if Saudi Arabia managed to convince everyone to cut amid the major tensions with Iran ahead of the U.S. by Irina Slav for Oilprice.com. To cut and push up prices or not to cut and preserve market share, this is the question that Saudi Arabia is facing ahead of this year’s December OPEC meeting. It seems like just yesterday when OPEC met in 2016 and decided to cut production by 1.8

2018 86

Forecast: global 3-wheeler market to grow at CAGR of 13% through 2019

Green Car Congress

Underdeveloped countries in Africa like Nigeria, Tanzania, Mozambique and Egypt and their Asian counter parts like Nepal, Bangladesh, etc., 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”.

2014 80

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

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If Saudi Aramco or QP are already experiencing production threats, the situation in other production regions, such as Nigeria, Libya or Mexico, could be even more dire. But the current production increases in Nigeria, Iraq and Libya, will most probably be temporary. by Cyril Widdershoven for Oilprice.com. OPEC exports have come under pressure this week from technical threats to oil fields, with Saudi Arabia’s Manifa problems grabbing the headlines.

2017 69

Petrobras oil & natural gas output up 4% in Brazil in June to 2.4M boed

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slump due to operating issues and to the payment of taxes in Akpo, Nigeria. Petrobras’ oil and natural gas output in Brazil was 2,407,366 barrels of oil equivalent per day (boed) in June, 4% more than the 2,315,117 barrels produced a year earlier and a 2% increase over May 2011. Domestic natural gas production was 57.317 million cubic meters per day in June. This was 6.9% more than the same month in 2010, and 0.7% above last May.

2011 80

Shell’s Cardamom development starts production; second major 2014 start-up in deep-water Gulf of Mexico

Green Car Congress

Last month, Shell also started oil production from its Bonga North West (Shell 55%, 40,000 boe/d) deep water development off the coast of Nigeria and recently announced a natural gas discovery at its Marjoram-1 (Shell 85%) deep-water well in Malaysia, where the Gumusut-Kakap (Shell 33%) deep-water platform is also on track for production this year.

2014 71

UN: world population is expected to reach 9.7 billion in 2050 and could peak at nearly 11 billion around 2100

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The new population projections indicate that nine countries will make up more than half the projected growth of the global population between now and 2050: India, Nigeria, Pakistan, the Democratic Republic of the Congo, Ethiopia, the United Republic of Tanzania, Indonesia, Egypt and the United States of America (in descending order of the expected increase). The world’s population is expected to increase by 2 billion persons in the next 30 years, from 7.7 billion currently to 9.7

2019 77

Total to acquire Engie’s upstream LNG business, becoming 2nd largest global LNG player

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A portfolio of long-term LNG purchase and sale contracts, enabling the Group in increase its overall portfolio to 28 MTPA by 2020, with a diversified supply from Algeria, Nigeria, Norway, Russia, Qatar and the USA, and outlets balanced between Europe and Asia. Total signed an agreement with Engie to acquire its portfolio of upstream liquefied natural gas (LNG) assets for an overall enterprise value of $1.49 billion.

2017 60

GE to expand sodium-halide battery plant with $70M investment

Green Car Congress

These batteries will ensure the continuous operation of telecom installations in Nigeria, and enable the customer to lower fuel consumption and emissions of the diesel generator powered telecom towers by up to 50%. GE will invest an additional $70 million to expand its sodium-halide battery manufacturing plant in New York, which is part of the company’s new Energy Storage business.

Europe/US team: transitioning to a low-carbon world will create new rivalries, winners and losers

Green Car Congress

Nigeria or Algeria cannot do the same for their oil industry. In an opinion piece in the journal Nature , a team from the US and Europe suggests that the transition to a low-carbon world will create new rivalries, winners and losers, and that it is therefore necessary to put geopolitics at the heart of debates about the energy transition. abating carbon will create losers. So far, the policy focus has been on empowering the early winners of an unfolding renewable-energy race.

2019 73

GE posts $63M in orders for Durathon sodium-halide battery systems

Green Car Congress

These batteries will ensure the continuous operation of telecom installations in Nigeria. GE’s Energy Storage business announced $63 million in new Durathon sodium-halide battery orders since the business launched in July. Earlier post.) In its first weeks of operation, the business secured 10 new telecom customer orders across several regions, including Africa, Asia, India and the US powering a total of more than 3,500 cell towers.

IHS Markit identifies 5 billion barrels of oil equivalent in short-cycle opportunities outside North America

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New energy research from business information provider IHS Markit has identified more than five billion barrels of oil equivalent (BOE) in numerous smaller, previously bypassed, or underperforming reservoirs outside North America that offer oil and gas operators a shorter-cycle path to production than new, frontier projects in undeveloped areas. 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. These five case studies represent just a fraction of the opportunity that we identified globally. Stagnant oil prices continue to limit large-scale investments in global exploration worldwide, including deepwater plays, and many onshore US projects are not yet cash-flow positive, so energy investors are demanding financial returns. These investors want to see companies demonstrate greater capital discipline and growth while living within their cash flow. The focus has moved away from simply reserves capture, to production growth, and now to value maximization. In this environment, reduced tolerance for exploration risk persists. —Kareemah Mohamed, associate director, Plays and Basins research at IHS Markit, and author of the analysis. Cognizant of this “new normal” E&P environment, Mohamed said she embarked on a study that assessed mature, producing basins with a goal of helping operators identify less capital-intensive, shorter cycle-time projects. Projects, Mohamed said, that would enable operators to reduce risk by leveraging both existing basin infrastructure and their unique capabilities in plays outside the US and Canada. IHS Markit defines shorter-cycle projects as those that can generate first cash within one to two years of development, or, in the case of new entrants, projects that progress to final investment decision (FID) in less than three years. The typical deep-water project averages seven years to reach FID with exponentially more upfront investment. The key screening criteria to identify these targets and minimize investment risk, Mohamed said, were shallow-water shelf areas and onshore mature fields—basins with a proven hydrocarbon system. In addition, these areas had to have existing production and infrastructure (wells [and associated production and well data], pipelines, platforms and gas plants) in place. With these basins identified, the next step was to look at a combination of above ground and sub-surface risks to pinpoint avenues for new-basin entry. Mohamed identified such opportunities that could allow for incremental added production volumes, but also provide a source of free cash flow to the operator. Due to the changing investor sentiment toward value maximization and a reduced tolerance for risk, as well as the nature of these shorter-cycle projects in mature basins, it was essential to advance the research approach from one of a project-by-project basis to a whole-basin strategy. We’ve observed that the best results occur when operators target basins with materiality and two or more working petroleum systems, stacked reservoirs, existing infrastructure, service-sector capacity and technical knowledge. —Jerry Kepes, executive director for Plays and Basins research at IHS Markit. Mindful of these market dynamics, Kepes said he and his IHS Markit researchers see this shift to whole-basin strategies as being critical to operators achieving competitive performance, representing a fundamental shift in the approach to analysis and company strategies going forward. Whole-basin strategies can include ‘field growth’ where the focus is on targeting new barrels in old fields, but can also include upfront, new ventures work that targets shorter-cycle barrels in under-explored areas in existing commercial basins,Some of those mature basins present fresh opportunities for operators because an E&P opening makes new acreage available. —Jerry Kepes. Mohamed’s research included case studies on Oman and the Egyptian offshore Western Desert, but she also identified basins that were previously off-limits due to political instability, or those previously overlooked because of single operator (typically state-owned) access, stringent regulatory terms, or bureaucratic barriers, but now offer more favorable terms and are open to foreign investment. Additional examples of shorter-cycle development opportunities now available include basins in Mexico. Eni’s new entry into Mexico’s mature, shallow-water Sureste Basin is one example. The Area 1 discovery (1.4 billion BOE) was made in an underexplored area of the Sureste Basin, with first oil targeted for 2019, just two years after discovery. Through leveraging existing basin infrastructure, the project’s expected break-even cost should be below U.S. $40 per barrel, according to IHS Markit. This new-ventures screening alternative provides targets that offer operators a lower-cost path to free cash-flow in a shorter period, but also the potential for repeatable investment opportunities over time. In the current economic environment, this makes the short-cycle opportunities very intriguing to operators, so we are currently expanding the initial research to include more basins. —Kareemah Mohamed. Market Background Oil

ExxonMobil brings Kearl oil sands expansion online ahead of schedule; overall capacity doubling to 220K barrels per day

Green Car Congress

The volume increase is supported by the ramp up of several projects completed in 2014 and the expected startup of seven major developments in 2015, including the Kearl expansion, Hadrian South in the Gulf of Mexico, Banyu Urip in Indonesia and deepwater expansion projects at Erha in Nigeria and Kizomba in Angola.

2015 78

Opinion: The Saudi Oil Price War Is Backfiring

Green Car Congress

India, which was earlier importing most of its crude oil from Saudi Arabia, is now changing its strategy and buying more crude oil from Nigeria, Iraq, Mexico and Venezuela. by Gaurav Agnihotri of Oilprice.com.

2015 103

Global billionaires unite in “Breakthrough energy coalition” to support development of zero-carbon energy

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Aliko Dangote, Founder and Chief Executive, Dangote Group, Nigeria. As the UN climate conference COP21 opened in Paris, Bill Gates announced the formation of the “ Breakthrough energy coalition ”, an investment grouping of global billionaires focused on developing the technologies that will create a new zero-carbon energy mix.

2015 65

AC Transit Board greenlights a $108M, 9.5-mile infrastructure project for first Bus Rapid Transit line; diesel-hybrid buses

Green Car Congress

That initial BRT was such a success, its model has been replicated in a number of nations including Nigeria, South Africa, China, India, Finland, Israel and now 35 US cities with more being planned. The Alameda-Contra Costa Transit District’s (AC Transit) Board of Directors voted to award a construction contract to O.C. Jones & Sons. The $108-million dollar contract includes construction of the infrastructure and station platforms for AC Transit’s first Bus Rapid Transit (BRT) line.

2016 60

Increase in US rig count will not cap oil prices

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The IEA cautions the return of Canada’s oil sands to the market or the potential outbreak of peace and tranquility in Nigeria, Libya and Venezuela could change this outlook. by David Yager for Oilprice.com.

2016 78

Saudis Expand Price War Downstream

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Indian refiners are now buying more crude oil from Nigeria, Iraq, Venezuela and Mexico. by Gaurav Agnihotri for Oilprice.com. The undisputed king of oil and gas is making some moves that could change the face of the global refining sector.

2015 96