Sentences with phrase «oil producers then»

Not exact matches

Back then, investment in the oilsands was nearing its peak, and oil producers had a huge human resources headache.

Then, in late 2009, Exxon Mobil, the biggest of Big Oil companies, bought shale gas producer XTO Energy for US$ 41 billion.

Beyond the actual gas project and LNG sales, China's state - run shipping conglomerate COSCO has also secured a 50 percent stake in the four LNG shipping carriers serving Yamal.90 Chinese engineers and workers have been deployed to the Yamal Peninsula to help construct surrounding infrastructure, which includes a Chinese - produced polar drilling rig.91 Moreover, a Chinese oil and gas rig producer now provides Russia with about 60 percent of its imported oil rig supplies, indicating that China is becoming a dominant player in this sphere.92 Chinese media recently hailed Yamal as an example of China's construction and engineering prowess and a symbol of its transformation into an Arctic player.93 In return for China stepping into support the project, senior officials from Novatek, the main shareholder of the project, announced that the first LNG shipment would symbolically go to China.94 But a British subsidiary of Malaysia's Petronas purchased the first shipment of Yamal LNG and sold it to France's Engie, which then shipped the cargo to its Boston import facility for American use.95 Western sanctions on Novatek, Russia's largest independent national gas producer and a company with close ties to the Kremlin, made Yamal's pivot to China possible, as sanctions forced Russia to find an alternative source of investment and technology.

Since then, China's state owned refining company, Sinopec paid more than $ 4.5 billion for a 9 % stake in Syncrude, the largest oil sand producer in the province.

Prices for oil have levelled off for now, but if they dropped much more then many higher cost oil producers would cut production because there's no profit to be made.

Then Graham pointed out that the impacts of climate change, peak oil and geopolitical instability mean that «the whole food system needs rethinking and massive effort needs to go into rebuilding the skills of our agricultural producers such that the nation can remain domestically food - secure».

Last year market research company Mintel predicted that savoury flavours - from olive oil to cheese and bread - would gain mainstream popularity as they made their way from upmarket foodservice outlets to small - batch artisan producer and then to larger retail outlets.

If the new east African producers are not to repeat the mistakes of the established ones, then, they should heed the lessons of Africa's last oil boom.

It is then chemically colored, flavored and deodorized, and sold as «extra-virgin olive oil» to a producer.

Remember, oils are only the gatekeepers, not producers, of hydration, so begin with loading up on humectants, and then pile on the oil afterward to keep moisture from escaping.

Unable to compete on the marketplace, other oil producers moved the war into the newspapers and then the courts, all orchestrated behind the closed doors of collusion.

You can explore the gorgeous medieval cities of Bologna, Parma, Ferrara, Modena and Ravenna, perhaps taking in some of the wonderful museums or the colourful markets, then head to the hills for some walking or to taste olive oil or wines from local producers.

As it stands, most oil contracts are structured so that the investor recovers costs first, with the remaining profits then divided between the producer and the government that granted it the concession.

Then the 1973 Arab Oil Embargo hit, as Arab oil producers cut off exports to the U.S. in a political move against U.S. support for IsraOil Embargo hit, as Arab oil producers cut off exports to the U.S. in a political move against U.S. support for Israoil producers cut off exports to the U.S. in a political move against U.S. support for Israel.

It charges a slowly rising fee on fossil fuel producers at the entry point to our economy (coal mine, gas / oil well or import terminal) but then returns 100 percent of the fee (less administrative costs) back to all consumers equally via a monthly dividend check.

It's followed as a matter of course in Russia, and if there is even a small chance it might be a reality then our fuel problems are likely t be far less extreme, and the oil producers will have no excuse for hiking their prices (other than the lie of AGW of course).

Hmmm... and then we have Obama today bragging at his news confefence how the US is the number one producer of gas and that under his administration gas and oil production is way up.