The ability to export crude oil, which was granted to U.S. producers in December 2015, is still a game changer in the energy markets. Global crude oil averaged $54/barrel in 2017, up $10/barrel from the previous year. That increase is fairly limited, however, given the 4.5 percent cut in production that members of the Organization of Petroleum Exporting Countries (OPEC) each agreed during the fourth quarter of 2016 to target. OPEC’s production averaged 32.5 million barrels/day in 2017, down 0.2 million barrels/day from the year before. Its members agreed on 30 November 2017 to extend the production cuts through the end of 2018, and the U.S. Energy Information Administration (EIA) is forecasting the average price for Brent crude will b...
ZanzibarMnemba Marine Parksouthern cassowary Mnemba Marine Park is located 10 kilometres (6 mi) from Stone Town and forms part of the northeastern Unguja Island. A marine reserve and atoll, its shallow stretch of coral reef is in the shape of an oval. It is located between Matemwe and Nungwi, w...
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The magpie goose (Anseranas semipalmata) is the sole living representative species of the family Anseranatidae. This waterbird is found in northern Australia and southern New Guinea.[2] The species is not truly migratory but it sometimes travels large distances to find food and water, especiall...
A pika (/ˈpaɪkə, ˈpiːkə/ PY-kə, PEE-kə[3][4]) is a small, mountain-dwelling mammal native to Asia and North America. With short limbs, a very round body, an even coat of fur, and no external tail, they resemble their close relative the rabbit, but with short, rounded ears.[5] The large-eared pi...
From WPI Consulting
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.