Sentences with phrase «oil project by»

Not exact matches

On Thursday, it announced it would reduce its production guidance for the year by about 10,000 barrels of oil equivalent per day to an average of about 315,000 boe / d, with exit production of about 335,000 boe / d, to account for lower heavy oil production, an advanced schedule for maintenance at its Tucker oilsands project and a slower ramp up in liquids - rich natural gas output from its BD Project in Indproject and a slower ramp up in liquids - rich natural gas output from its BD Project in IndProject in Indonesia.

Costs back then were still low by today's standards, but the integrated mining operations were seeing operating costs of $ 12 - 18 / bbl and new projects needed $ U.S. oil prices of $ 20 - $ 30 to generate reasonable rates of return.

Hemp oil that is full of cannabidiol (CBD), a cannabinoid with neuroprotectant, antioxidant and other therapeutic qualities, generated $ 130 million in sales in 2016 and is projected to reach $ 350 million by 2020.

Those factors partly help explain why Exxon is now seen by Wall Street as a less - desirable investment than Chevron, which has several large oil and gas projects coming online by the end of the decade, offering far - stronger growth potential than Exxon.

Perth - based oil explorer Red Emperor Resources says delays at its Georgian project have been caused by joint venture partner Range Resources, which has failed to carry out a planned drilling program.

Democratic presidential hopeful Hillary Clinton struggled with how to secure the endorsement of labor unions while announcing her opposition to the Keystone XL oil pipeline, a project they supported but environmentalists opposed, according to leaked emails published by Wikileaks on Friday.

That's despite the fact premiers Christy Clark and Alison Redford, in a backgrounder to their recent agreement on the ground rules for building pipelines, warned that oil may end up crossing B.C. by train en route to Asia regardless of whether the Northern Gateway or Trans - Mountain Expansion projects go ahead.

Its study, Mining and Heavy Industry Construction in Australia 2002 - 2017, released earlier this year, says that the upswing would be initially driven by major oil and gas projects, and would broaden across most mineral sectors by mid-decade.

The NOCs are being approached by lawyers and investment bankers not just from Calgary but from Houston and Melbourne too, seeking patient capital for long - timeline projects while equity prices for energy companies have been steadily sinking on stock markets despite the high price of oil.

Earlier on Monday ABB said it is putting its turnkey projects arm for the oil and gas industry into a joint venture majority owned by Saudi Arabia's Arkad Engineering & Construction.

The workers oversaw operations and procurement at Petropiar, an oil upgrading project co-owned by PDVSA and Chevron to transform Orinoco Belt's extra heavy crude into an exportable product.

The project stalled under Barack Obama's presidency, but has been revived by current White House incumbent Donald Trump, who appointed ex-ExxonMobil boss Rex Tillerson as Secretary of State and is viewed as an oil and gas friendly Commander in Chief.

Despite higher oil prices — projected to reach roughly US$ 125 per barrel by 2035 — oil consumption is expected to rise 23 % by 2035.

If you're talking about a new project with no significant investment already deployed, building a new mine if you expect today's prices to hold in the long term is a tough call — a 50 - year oil sands project is a lot of risk for less than a 10 % rate of return — but even there, you can see the impact of the lower Canadian dollar and the hedge provided by a royalty regime which lowers rates when prices are low.

Samuels said that while the state has among the largest budget reserves of any state, at a projected $ 10.4 billion by the middle of next year, continued low oil prices mean legislators will face some tough decisions when they return to Austin in January.

Protesters have been buoyed by the recent success of Native American groups and environmentalists in their campaign against construction of the 1,100 - mile (1,770 - km) Dakota Access pipeline, a project spearheaded by Energy Transfer Partners (etp) that would carry oil from North Dakota's Bakken shale fields into Texas.

By contrast, two studies of EnCana spinoff Cenovus Energy's carbon capture and storage project in Weyburn, Sask., debunked claims by the owners of a nearby farm that carbon dioxide pumped into depleted oil reservoirs was escapinBy contrast, two studies of EnCana spinoff Cenovus Energy's carbon capture and storage project in Weyburn, Sask., debunked claims by the owners of a nearby farm that carbon dioxide pumped into depleted oil reservoirs was escapinby the owners of a nearby farm that carbon dioxide pumped into depleted oil reservoirs was escaping.

He was hired by Standard Oil to organize a documentation project to show the public what the oil industry was really liOil to organize a documentation project to show the public what the oil industry was really lioil industry was really like.

And unlike with the oil industry, no «fracking» method has been invented yet to extract gold from hard - to - reach areas, though Barrick — the world's largest producer by output — has been experimenting with sensors at its Cortez project in Nevada.What Pierre is talking about, of course, is the idea of «peak gold.»

«They have every single super major engaged in a deep and serious way, principally in deep water and shallow water projects,» he said, adding there have already been two significant finds in shallow water, including one by ENI and another by a consortium of companies including Talos Energy and Premier Oil.

The North Dakota project, opposed by a Native American tribe fearful of water contamination from potential oil leaks, had stalled in Democrat Barack Obama's administration.

That was followed in 2012 by Victoria newspaper publisher David Black's much more ambitious but somewhat speculative Kitimat Clean project, consisting of a $ 25 - billion oil refinery in the northern town that would create jobs and taxes in B.C. while ensuring that the exports were of finished products rather than the diluted bitumen from the oilsands whose behavior in the case of a marine spill is virtually unknown.

From the time Enbridge began talking publicly about Northern Gateway almost a decade ago, the oil pipeline project — which is expected to get federal cabinet approval any day now — got off on the wrong foot by the company's lack of a presence in British Columbia.

Earlier, it lowered its 2014 capital budget by $ 1 billion and delayed projects because of the falling oil prices.

If you're talking about a new project with no significant investment already deployed, building a new mine if you expect today's prices to hold in the long term is a tough call — a 50 year oil sands project is a lot of risk for less than a 10 per cent rate of return — but even there, you can see the impact of the lower Canadian dollar and the hedge provided by a royalty regime which lowers rates when prices are low.

This improvement even comes before Teck's multibillion - dollar investment in the Fort Hills oil sands project starts up by the end of the year.

Analysts at Canaccord Genuity said Monday the project's $ 5.3 - bilion northern leg «is no longer a necessity» for Canadian oil sands producers, thanks to the sudden rise of crude - carrying unit trains and rival pipeline schemes proposed by Enbridge Inc..

The province's oil and natural gas revenue is projected to shoot up by 54 per cent to the highest level in three years, but those three years combined will be equal to what a good year used to be for Alberta's coffers.

Three such examples are Aimsio, a digital ticketing software that streamlines field operations by enabling users to file reports, dispatch resources and track project progress all from one central location; DarkVision, which developed a new ultrasound technology that allows companies to create 3D images of the inside of oil wells, enabling them to make more informed and cost - effective production decisions; and Unsist, which uses artificial intelligence to help oil and gas companies make better production and operational choices.

According to Nelson, oil prices could move up toward US$ 60 by the end of the year, due to underinvestment in projects in 2015 and 2016, which could lead to a crunch in supplies in 2019 and 2020.

Proposed carbon pricing legislation in the U.S. as well as low carbon fuel standards being adopted by California and other states could make many oil sands projects marginal or entirely uneconomic in future.

Since LNG projects are multi-billion dollar investments, underpinning the project with long - term, oil - linked contracts is usually necessary to secure project financing by lenders.

The shine has come off the oil sands, as more investors have started to question whether oil sands development is really a sure thing, particularly at the speed projected by bullish petro - boosters.

Over a year which has seen large banks halt funding for fossil fuel projects, major institutions divest from oil, gas and coal holdings, and oil companies snap up power and renewables companies in a bid to diversify their asset base, research published today by the UK Sustainable Investment and Finance Association (UKSIF) and the Climate Change Collaboration suggests nervousness over climate risk has shot up in financial circles.

The recent oil shale boom was powered mostly by small firms because larger multinationals like Exxon and BP are structured for big payoff, technically - difficult projects like deep water drilling and Arctic exploration.

Oil companies operating in Mexico's deep waters must use national suppliers for 8 percent of the projects by 2025, the government said on Tuesday, a relatively low rate meant to Continue Reading

New life was breathed into the Canadian oil sands with a decision by foreign - owned Harvest Operations Corp to commission its BlackGold project south of Fort McMurray.

She cited the fact that offshore projects are projected to account for just 3 per cent of total output in Canada by 2025, while the oil sands are forecast to represent more than 80 per cent.

The possibility of an oil spill off the coast of Metro Vancouver looms large in the minds of B.C. residents, saying by a margin of five - to - one that it is the single biggest concern they have about the Trans Mountain project.

Suncor Energy (TSX: SU), Canada's largest oil and gas producer by market capitalization, said Wednesday an eight - week maintenance project at its Syncrude facility will begin Thursday almost three weeks ahead than originally planned.

From a strictly legal perspective, the relevant question is not whether there is a sufficient connection to any particular existing or proposed oil sands development or other production activity, and certainly not whether such projects or activities were included in the Terms of Reference (ToR), but rather simply whether the GHGs associated with the production of bitumen that will be transported by the NGP are an «environmental effect» of that project (see NGP Report, Volume II, Appendix 4, Terms of Reference, which defines «environmental effect» very broadly to mean «any change that the project may cause in the environment.»

Darin Kingston of d.light, whose profitable solar - powered LED lanterns simultaneously address poverty, education, air pollution / toxic fumes / health risks, energy savings, carbon footprint, and more Janine Benyus, biomimicry pioneer who finds models in the natural world for everything from extracting water from fog (as a desert beetle does) to construction materials (spider silk) to designing flood - resistant buildings by studying anthills in India's monsoon climate, and shows what's possible when you invite the planet to join your design thinking team Dean Cycon, whose coffee company has not only exclusively sold organic fairly traded gourmet coffee and cocoa beans since its founding in 1993, but has funded dozens of village - led community development projects in the lands where he sources his beans John Kremer, whose concept of exponential growth through «biological marketing,» just as a single kernel of corn grows into a plant bearing thousands of new kernels, could completely change your business strategy Amory Lovins of the Rocky Mountain Institute, who built a near - net - zero - energy luxury home back in 1983, and has developed a scientific, economically viable plan to get the entire economy off oil, coal, and nuclear and onto renewables — while keeping and even improving our high standard of living

While provinces other than Alberta are projected to benefit, modelling by the Canadian Energy Research Institute projects that 94 per cent of the GDP impact of oil sands development will occur within Alberta.

The commercial case for the Keystone XL project, which would allow Gulf Coast refiners to access oil from lower - priced, landlocked markets such as Alberta, therefore, would potentially allow the U.S. to reduce their dependence on foreign oil — albeit by a small amount.

Most importantly, they are entirely project - specific; nowhere is there any discussion of the GHGs associated with multiple oil sands project, to say nothing of a total projected growth to 6.2 million barrels / day by 2035.

However, the Canadian Energy Research Institute has indicated that oil production in Canada is likely to scale up by about 600,000 barrels per day in 2017 and by another 200,000 next year, as a number of projects that were being developed prior to the oil - price slump are nearing completion.

The Venezuelan President Nicolas Maduro appealed the «Bolivarian Alliance», consisting of ten states, to accede to the project for the creation of the cryptocurrency — El Petro secured by oil.

On Thursday, it announced it would reduce its production guidance for the year by about 10,000 barrels of oil equivalent per day to about 335,000 boe / d to account for lower heavy oil production, an advanced schedule for maintenance at its Tucker oilsands project and a slower ramp up in liquids - rich natural gas output from its BD Project in Indproject and a slower ramp up in liquids - rich natural gas output from its BD Project in IndProject in Indonesia.

NATIONAL POST, Toronto: PetroChina to Seal C$ 1.23 B Athabasca Oil Sands Project Takeover by September

Some of its key projects include the Golden Eagle development in the North Sea, which should start producing oil by the end of this year.