COMMUNITY MODERATOR BAGS AWARD

126 students from the Graduate School of Natural Resources Law, Policy and Management had their degrees conferred yesterday along with 2 PhD students at the University of Dundee's graduation ceremony at the Caird Hall.

We would like to take this opportunity to congratulate all graduands, wish them all the very best in their future careers and also remind them to keep in touch!

Particular mention is given to the winners of the following prizes, presented at a later event held in the CEPMLP Carnegie Building:

WEEKEND DIGEST-->>> 18 - 19 JUNE

The Weekly Digest brings you the highlights of 'The Mix: Oil and Water!' for the past week.

Catch up. Read your favourite Articles and Posts- again and again...and some more!!!

Top 5 Posts Read- This Week:

BRITISH PETROLEUM (BP): Corporate Giant in a Giant Mess?

NIGERIAN PETROLEUM MINISTER: Interview with THISDAY

BP's COMPETITIVE STRATEGY: LEADERSHIP AT WHAT COST?

BTHE NIGERIAN PIB: Highlights from a BIG OIL Perspective

THE IMPERATIVE OF STRATEGIC MANAGEMENT FOR ORGANIZATIONAL SUCCESS

Top 5 Posts Read- All Time:

1- British Petroleum (BP): Corporate Giant in a Giant Mess?

2- BP's Competitive Strategy: Leadership at what cost?

3- European Gas Market: Pipeline Gas VS LNG

NIGERIAN PETROLEUM MINISTER: Interview with THISDAY

Like or revile her, Diezani Alison-Madueke, immediate past Minister of Petroleum Resources, elicited extreme passions as a minister you could not ignore. In this no holds barred interview with THISDAY Editors, she opens up on her stewardship and several of the critical issues that have followed in her wake, insisting that her reforms are being resisted by a few vested interests, as she acted in the best interest of the country. Excerpts:

Tell us about the involvement of Septa/Seven Energy in the NPDC joint venture with Seplat Petroleum. How did they (Septa/Seven Energy) get involved after Shell had sold its interest in OMLs 4, 38 and 41 to Seplat Petroleum?

Well, the acquisition by Seplat Petroleum of Shell's interest was before I became minister, following which we sat down with NNPC which had assigned its 55 percent in the three blocks to NPDC because the joint operating agreements allow it to do so; to prepare a strategic growth plan for NPDC.

Why Renewable Energy?

By Zaheer A Shaikh

The United Kingdom government programmes to develop renewable sources of energy date back to the oil crisis of the 1970s. Initially in the form of research and later as part of the arrangements for privatisation of the electricity industry, various schemes and incentive mechanisms were developed. Initially it started with the Non Fossil – Fuel Obligation (NFFO) since 1990, and then from 2002, the Renewables Obligation (RO) (Mitchell, 2010). The NFFO was primarily set up as a means to subsidise nuclear generation, which had proved too difficult to privatise. Later the policy failures of NFFO in the form of its inability to deliver expected policy objectives resulted in government making new policies in the form of RO. Renewable Obligations (RO) puts an obligation on the suppliers to purchase and supply a certain amount of electricity from the renewables. The RO is technology non – specific in which all generation technologies (landfill gas, wind energy, solar energy) receive almost same payments.

OPEC and NON-OPEC: Two worlds apart !!!

By Joanna Rae

.Reflections:

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One half holds the world by it's pipelines..

The other is a pretender to the world's pipelines.. 

TOP NEWS PICK : JUNE 17, 2011

CLICK ON THE LINKS FOR FULL STORIES

Brazil, West Africa to dig deep on drilling

Brazil is set to be joined by West Africa in a huge deepwater drilling spend in the next four years, a report claims | Upstream Online

IEA calls on Opec to boost output

The International Energy Agency (IEA) said there a “clear need” for Opec to boost output on stronger Asian demand and weaker non-Opec supply | Upstream Online

Kazakh state ‘takes Karachaganak stake’

Kazakhstan’s government appears to have won a tussle with the operators of the country’s most promising gas field as it agrees a large stake holding, a report claims | Upstream Online

Peru: Upstream Investors unsettled by Humala win

Peru’s Oil and Gas Industry must wait to see if President-elect Humala follows up on his promises of radical energy-sector reform  | Petroleum Economist

Siemens takes turbines to another level with 6-MW giant

Siemens Energy has installed the first prototype of its next generation offshore wind turbine in Høvsøre, Denmark, and has today initiated the first trial operation. The new SWT-6.0-120 wind turbine with a power rating of 6 megawatts (MW) and a rotor diameter of 120 metres uses the innovative Siemens direct drive and proven rotor technology | Renewable Energy Magazine

Ghana- Oil and Gas revenue to boost health delivery – Health Director

Takoradi, June 14, GNA — The National Chairman of the District Directors of Health Services Group, Dr Kofi Setheland, has expressed optimism that the country’s oil and gas revenue would help to improve health delivery | Ghana News Agency

NO MESSI, ARGENTINA SHALE-ING UP!!

By Gerardo Jimenez

Buried in the February issue of the Journal of Petroleum Technology is a headline with very impressive news: “The oil and gas producing company YPF announced the discovery of an estimated 4.5 trillion cubic feet (Tcf) of shale gas in the Neuquina basin of Argentina which could supply enough clean burning natural gas for the next 50 years.” This discovery is sorely needed because proven natural gas reserves in Argentina have been declining for the past 7 years. As the graph below shows, extrapolating current reserve depletion and internal natural gas consumption indicate Argentina is not going to have enough reserves to meet internal demand sometime before the year 2020.

FUTURE BATTLES FOR ENERGY SECURITY

Future energy wars

By Martin Walker

PARIS, June 13 (UPI) -- Five squadrons of unmanned drones are launched from scattered containers ships in the Mediterranean and off the northwest African coast. Too low to be seen by radar, they fly over the beaches and into the desert, each aiming for one of the giant arrays of mirrors that provide the backbone of Europe's solar energy supply.

There are two sites in Algeria, two in Libya and one in Morocco. These vast fields of mirrors, each more than 20 square miles, feed energy into transmission lines that send electric power surging across the Mediterranean to Spain and Italy and then north to France and Germany. The unmanned drones launch volleys of cluster bombs, small munitions that spray out shrapnel over large areas. The solar mirrors shatter by the score and by the hundred and by the thousand. And the lights start to go out in Madrid and Rome.

WEEKEND DIGEST-->>> 11-12 JUNE

The Weekly Digest brings you the highlights of 'The Mix: Oil and Water!' for the past week.

Catch up. Read your favourite Articles and Posts- again and again...and some more!!!

Top 5 Posts Read- This Week:

BRITISH PETROLEUM (BP): Corporate Giant in a Giant Mess?

THE IMPERATIVE OF STRATEGIC MANAGEMENT FOR ORGANIZATIONAL EFFECTIVENESS

EUROPEAN GAS MARKET: PIPELINE GAS VS LNG

NIGERIAN MARGINAL FIELDS: NAVIGATING THROUGH THE FINANCING STORMS

A MINORITY REPORT ON THE NIGERIAN PETROLEUM INDUSTRY BILL?

Top 5 Posts Read- All Time:

1- British Petroleum (BP): Corporate Giant in a Giant Mess?

2- BP's Competitive Strategy: Leadership at what cost?

3- European Gas Market: Pipeline Gas VS LNG