Nigeria Must Look Beyond Oil
Unarguably, the African continent is home to five of the top 30 oil producing countries in the world. Nigeria, with a maximum crude oil production capacity of 2.5 million barrels Continue Reading
Nigeria: NNPC to Establish 200,000bpd Condensate Refineries
The Nigerian National Petroleum Corporation (NNPC) is to establish two condensate refineries with 200,000 barrels per day (bpd) refining capacity at Western Forcados Area and Assah North, Ohaji South (ANOH) Continue Reading
India’s Currency Hits Record Low Vs. Dollar On Rising Oil Prices
India’s currency, the rupee, hit a new record low against the U.S. dollar on Thursday on the back of rising oil prices, end-month demand for dollars, and concerns about the Continue Reading
Special Report: In Venezuela, new cryptocurrency is nowhere to be found
To hear Venezuela’s leftist President Nicolas Maduro tell it, this remote hamlet of 1,300 souls is perched on the cutting edge of an innovation in cryptocurrency. Located in an isolated Continue Reading
Venezuela Claims It Aims To Boost Oil Production By 640,000 Bpd
Venezuela’s state oil firm PDVSA has said that it signed a US$430 million joint service agreement with seven companies that would help it increase its crude oil production by 641,000 Continue Reading
BP, Shell, Total To Bid In Brazil’s Pre-Salt Oil Auction In September
Brazil’s oil regulator ANP has approved the applications of six companies—including Big Oil’s BP, Shell, and Total—to bid in next month’s oil auction of four blocks in the coveted pre-salt Continue Reading
Drought-hit Australian farmers rethink climate change
A cloud of flies buzzes noisily around the carcass of a cow that is decomposing in a barren, grassless paddock. “She died of urea poisoning, which is a big risk Continue Reading
Australia’s Newest ‘Clean Energy’ Source
Australia, one of the world’s top LNG exporters, has a bright future as a hydrogen economy. This is the conclusion of a brand new road map from the Commonwealth Scientific Continue Reading
PetroChina aims to grow natural gas output at faster rate than oil
PetroChina is aiming to grow its gas output at a much faster rate than oil over the next five years as oil companies rush to meet Beijing’s call for cleaner Continue Reading
Why rising temperatures are bad for our mental health
A couple of years ago Solomon Hsiang, assistant professor of public policy at University of California, Berkeley, became fascinated by an important issue: what effect does heat have on our Continue Reading