Sentences with phrase «as oil and gas prices»

The office market is likely to remain in relative equilibrium as oil and gas prices have rebounded and sectors outside of energy continue to expand.»
As oil and gas prices increase, the need to find alternative sources of energy that are renewable becomes more urgent.
10 years ago no one ever thought of making an alternative fuel vehicle because gas prices and the cost to change a car's engine keep the overall cost of acceptance too high, but now, as oil and gas prices skyrocket, they're beginning to seep into the awareness of the general public..
As oil and gas prices decline and the availability of reserved - based senior credit becomes increasingly scarce, exploration and production companies are seeking to refinance into more traditional term loans or to divest royalties in an effort to...

Not exact matches

The report comes as world oil and gas prices are falling and other major LNG developers, including Malaysian state - owned Petronas, put their B.C. LNG export facility plans on hold.
Programmed Maintenance Services has returned an annual net loss as a result of lower demand for marine services following the steep drop in oil and gas prices.
The company, which had made its name providing investors with a steady income from its oil and gas wells, cut its dividend in half as capital spending rose and energy prices fell.
April 20 (Reuters)- General Electric Co's Baker Hughes posted quarterly profit that beat Wall Street estimates on Friday as improving oil prices prompted companies to ramp up oil and gas production.
Halliburton reported a 34 percent jump in first - quarter revenue on Monday as rising oil prices prompted North American companies to boost oil and gas production.
The sell - off originated in the energy sector, as oil prices plummeted and oil and gas companies struggled to pay of their debts.
The gold and copper miner, which also drills for oil and gas, has seen its bottom line dry up as the price of each of those natural resources has fallen sharply recently.
All the while, the industry thrived financially under a combination of high oil prices, low natural gas prices (a major input cost), recession - induced relief from cost inflation and a reduced cost of capital as majors and foreign national oil companies gobbled up wobbly juniors.
Omar said Malaysia was suffering particularly because it was an emerging market at a time of capital outflows, it was a net exporter of oil and gas at a time of a significant drop in prices, and it was perceived to be badly affected by the Chinese slowdown as China was its largest trading partner.
BP beat analyst expectations on Tuesday, as higher crude prices and rising production levels helped to fast - track a recovery in one of Europe's largest oil and gas companies.
And cheaper gas at the pumps, courtesy of lower oil prices, will come as a form of fiscal stimulus for consumers in both the U.S. and Canada, leaving more money in their pockets to spend on other thinAnd cheaper gas at the pumps, courtesy of lower oil prices, will come as a form of fiscal stimulus for consumers in both the U.S. and Canada, leaving more money in their pockets to spend on other thinand Canada, leaving more money in their pockets to spend on other things.
MILAN (AP)-- Italian gas and oil company Eni says first - quarter profits dropped slightly as production grew by 4 percent amid rising oil prices.
May 1 Anadarko Petroleum Corp reported a quarterly profit on Tuesday as higher crude prices helped the oil and gas producer earn more per barrel.
July 2016 Oil and Gas Prices Global crude markets showed resilience in June when both Brent and WTI rallied to a 2016 high above $ 51 / bbl, due to continuing outages in Nigeria and Canada, as well as a 1.7 % decline in U.S. production.
As a result of the decline in both oil and natural gas prices since 2014, the domestic energy industry is experiencing duress not seen since the early 1980s.
Likewise, the disinflationary tailwind of lower oil and gas prices should provide a much greater disposable income boost to lower income households than higher income groups, as the former generally spend a larger share of income on energy.
As its name suggests, the oil and gas producer focuses entirely on prospects within the state of California, and the crude oil price declines in 2015 created massive losses for the small exploration and production company.
We tackle a host of news items in Oil and Gas including; British Columbia halts development of the TransMountain pipeline, consumers face high prices at the pumps, and China's new intelligent highway will be able to charge electric vehicles as they...
Admittedly we are a net importer of oil (increasingly so as Bass Strait reserves diminish), but Australian entities make large exports of natural gas and thermal coal, whose prices are highly correlated with oil prices over time.
The biggest improvements within the Index were in areas related to measures of oil and natural gas sector, such as imports, import expenditures, and oil prices, and to energy efficiency.
So, Canadians are both paying higher gas prices as a result of higher world oil prices and getting less for their oil production as a result of the depressed regional oil prices in the Midwest.
Although the collapse in investment was as acute in Canada as it was in other advanced economies, Canadian business investment bounced back relatively quickly, as the oil and gas sector benefited from a sizable rebound in commodity prices (Chart 1).
Oil up a second session as potential for U.S. withdrawal from Iran nuclear pact grows Natural - gas prices settle at a 2 - week lowOil finishes higher Thursday, as traders worried that a potential U.S. withdrawal from the Iran nuclear agreement and the International Monetary Fund's threat to expel Venezuela from the international coalition of nations will lead to tighter global crude supplies.
As the biggest station operator and supplier of natural gas for transportation in the U.S., the company should benefit from higher oil prices and more focus on reducing emissions likely to drive many truck operators to consider this new engine.
As the price of oil rises and supplies of petroleum become constricted, the popularity of — and demand for — natural gas will more than likely rise as welAs the price of oil rises and supplies of petroleum become constricted, the popularity of — and demand for — natural gas will more than likely rise as welas well.
He went on, «You are 75 percent cheaper than the rest of the world on natural gas, you are 10 percent cheaper on oil and you are half the price of gasoline as the rest of the world.
That lower baseline energy demand as well as marginal increases in supplies has led to lower global oil and gas prices and more competitive pressure on the uranium space.
Further, respondents noted that orders related to commodities (oil, gas, and mining, specifically) remain under downward pressure reflecting the big declines in commodity prices that have occurred as the «emerging market century» and the «commodity super-cycle» proved unsustainable.
The prices of other sources of energy, such as coal and gas, also appear to be affected by oil price movements, though these relationships are quite loose, and depend on the state of world demand and stock levels.
Crude oil prices have dropped more than 50 per cent since June to around US$ 50 per barrel, causing some analysts to predict doom and gloom for Canada's oil and gas industry and economy as a whole.
Germany's BASF, owner of oil and gas producer Wintershall, said Friday it expects gas prices to remain depressed throughout 2016 as it struggles to compensate for the loss of sales Continue Reading
The venerable oil and gas giant lost its AAA rating from Standard and Poor in April 2016, which thought a symbolic loss (it shared the rating with Microsoft and Johnson & Johnson) indicated the damage wrought by years of low prices and some pretty terrible luck, notably Tillerson's lost $ 500 billion deal in Russia as the result of Western sanctions.
The difference, however, is that while foreign companies mostly sold oil assets, they mainly purchased natural gas assets as an adjustment strategy to cope with the anticipated decline in oil prices and even the global oil industry.
As domestic oil and natural gas production fall, energy prices will rebound.
Brazil was able to reduce subsidies in oil and gas, but its export business was challenged as a result of the declining oil prices, and its economy remained flat.
A company with a very long history of dividend raises, that is no doubt feeling a bit of pinch as demand for their oil and gas services are weakening in the near term, DOV still looks attractive at current prices.
Oil and gas equities have been underperforming crude oil prices since the middle of 2017, but the outlook for energy stocks deteriorated further in the past two weeks, as major oil benchmarks have declined more than 10 per ceOil and gas equities have been underperforming crude oil prices since the middle of 2017, but the outlook for energy stocks deteriorated further in the past two weeks, as major oil benchmarks have declined more than 10 per ceoil prices since the middle of 2017, but the outlook for energy stocks deteriorated further in the past two weeks, as major oil benchmarks have declined more than 10 per ceoil benchmarks have declined more than 10 per cent.
This is as he urged the general public and stakeholders in the Oil and Gas sector to disregard any such report of a price increase as further information and communiqué on the resolutions would be communicated as and when due.
The industry employs hundreds of thousands of individuals in Scotland; the cut in the PRT and supplementary charge signals that the Government has taken a long - term view to protect the industry in recognising that its role is to mitigate as best it can against the natural fluctuation of the oil and gas commodity prices
Whether sold as bulk crude oil and natural gas or as retail electricity, gasoline or diesel, the major exporters of OPEC, Russia and others harbor some of the lowest domestic energy prices in the world.
Walker said he would emphasize that pipeline with Obama, as well as the state's need to extract natural gas resources and address financial challenges caused by low oil prices.
McCain is in favor of drilling in the Outer Continental Shelf federally controlled submerged land off all U.S. coasts (as opposed to state - controlled seabed)-- in order to lessen American dependence on foreign oil and lower gas prices.
Money from oil and gas development is an important source of income in Alaska, which has suffered from recent fiscal woes as the price of oil has plummeted.
But with energy use in commercial buildings accounting for nearly 20 percent of U.S. greenhouse gas emissions and oil prices rising, the EPA touts the program as a fiscally and environmentally sound corporate strategy.
March 31, 2011 • High oil and gas prices are emerging as a big issue in the 2012 presidential campaign.
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