Category: Updates

Rise in oil prices led by December OPEC cuts

The rise in U.S. crude oil prices was in part led by December OPEC cuts and are likely to continue to increase at least in the very short term, possibly again reaching the $50 per barrel level. Analysts warn, however, that the picture is not so clear further down the road amid concerns about an […]

Canada Sees Petronas’ $27 Billion LNG Decision by April

Petroliam Nasional Bhd. will be ready to decide whether to proceed with a proposed $27 billion liquefied natural gas plant on Canada’s Pacific Coast by April, according to Rich Coleman, British Columbia’s minister of natural gas development. The state-owned Malaysian energy company, which won conditional Canadian government approval in September after more than three years […]

Alberta to cut royalty rates in effort to squeeze out more oil, gas production

CALGARY — The Alberta government is introducing two new royalty programs to encourage the energy sector to spend more on developments in their early stages and squeeze more oil and gas from underutilized existing operations. Under the programs, companies would pay reduced royalty rates on those projects for a longer period. CEO Tim McMillan of the Canadian Association […]

OGAB Engineering discussed sustainable development of Nigerian Oil Sands (Tar Sands)

OGAB Engineering discussed sustainable development of Nigerian Oil Sands (Tar Sands) using a Canadian approach with the Nigerian Government The Managing Consultant, Dr. Olajide Akinlade, and a member of the board of directors, Dr. Oladele Akinbolue, of OGAB Energy Solutions Limited Nigeria met with the Nigerian Honorable Minister for Solid Minerals Development, Dr. Kayode Fayemi, […]

What makes engineering consulting different

Its been a while since I posted – readers will realise that my lull in posts has coincided with my move to Johannesburg and my starting a new job in engineering consulting. The past 2.5 months at my new company have been a whirlwind of excitement. Being thrown into two projects in the midst of […]