News

Nigerian Oil Output at Four-Year Low

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Oil production in Nigeria has hit a worrying four-year low. Thieves and technical problems have caused frequent disruptions. Production has dropped to less than 1.9 million barrels a day from over 2 million barrels – the lowest rate since 2009. Meanwhile, it is estimated that over 150,000 barrels of oil are stolen on a daily basis.

News

European Oil Demand Experiences Growth

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Oil demand is on the rise in Europe. Recent government statistics show a rise in European market for the first time in two years. The increase, seen in both April and May 2013, correlates to data pointing to a growth in economic activity around the same period, including Eurozone growth this year.

News

Tullow Oil Announces Discovery in Kenya

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A new oil discovery has been made in Kenya by oil exploration company Tullow Oil. Flow tests carried out at a discovery well in the country have smashed expectations and promise to bring positive results for the oil explorer. After a disappointing start to the year the new Kenyan discovery will be a welcome relief for Tullow Oil and its investors.

Flow Measurement

Flow measurement in food processing plants

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For the fast-paced food and beverage industry flow measurement plays an essential role. Worldwide demand on the industry is high and large volumes of liquids pass through food plants every day. Before reaching the shelves of supermarkets, food must reach the high standards set by the Food Standards Agency, which is responsible for food safety and hygiene across the UK.

Fresh News

UK Shale Industry Could Support 70,000 Jobs

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UK Energy Minister Michael Fallon has announced a new onshore licensing round will take place next year, which will see companies apply for oil and gas exploration licenses in the UK. The new licensing round, the first to take place since the American shale gas boom in 2009, is expected to step up Britain’s shale gas programme and provide a further boost to the UK shale gas industry.