Sentences with phrase «shale oil project»

Not exact matches

It is redesigning its deepwater oil platforms and onshore shale - gas projects to simplify them, a major cultural change at a firm that has long prided itself more for engineering prowess than for economic discipline.

Goldman Sachs has downgraded its estimations for oil prices for this year, citing a potential rise in shale gas production, new projects and OPEC restrictions.

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.

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.

These include: the slowdown in China, the recessions in Brazil and Russia, the emergence of new supplies of energy such as US shale oil, Iran and Iraq ramping up production, and commodity investment projects in Chile and elsewhere coming on stream.

ExxonMobil CEO Darren Woods announced on Monday at the CERAWeek conference in Houston TX that the company will be making further investments in U.S. shale oil and gas, laying out a $ 20 billion «Growing the Gulf» initiative that seeks to invest in chemical, refining, lubricant and LNG projects along the Texas and Louisiana coast.

The new project indicates a further shift for Exxon, away from international projects and towards a focus on domestic endeavors, specifically those involving shale oil and gas.

Given that concerns about an oil and gas supply crunch in the future due to near - term underinvestment are globally rising, Japan should continue to highlight the importance of engagement in shale - related projects from a long - term perspective.

Recent news from the US shale oil industry suggests that a surge beyond what is currently projected is doubtful.

Crude oil prices in 2018 are projected to stay around US$ 50.3 per barrel reflecting the higher - than - expected US shale production and production recoveries in Libya and Nigeria.

Many local towns and cities have expressed opposition to the project, citing the local dangers of pipeline leaks and wider implications of fracking (the oil bound for the Pilgrim Pipeline originates from the Bakken shale in North Dakota, the same deposits that have increased the volume of oil carried by trains and barges through the Hudson Valley to New Jersey refineries).

The proposal is the latest in a series of planned pipelines and expansion projects as a flood of crude from the oil sands and the Bakken shale oil field stretches existing networks.

Keystone XL and pipeline capacity out of the oil sands and oil shale projects should be monitored, especially for holders of UNP and the some of the railcar manufacturers.

The development of oil & gas shale projects in the U.S. and build out of the natural gas infrastructure in China both benefitted Chart over recent years.

A decade ago, no one projected the growth in shale gas or tight oil in the US or anywhere else in the world.

In the aftermath of the oil price fall in 2014, proposed new deepwater projects were generally among the first to be delayed or cancelled as the industry moved towards shorter cycle investments, including shale.

Salazar has said he wants to revisit Bush - era regulations that open much of the West to oil shale development, the delisting of the gray wolf as an endangered species, and a rule that allows federal agencies to avoid consulting scientists on whether the Endangered Species Act applies to certain projects.

The costs of many offshore oil and gas projects have come down sharply in recent years, as companies try to ensure their viability in a shale - inspired lower price environment.

By December 2013, a projected 3.84 million barrels of oil per day were being produced by the four main oil - producing shale basins (minus Haynesville and the Marcellus with low oil production).

Jimmy Carter's subsidized oil from shale rock, ancient solar panels on the roof, and synthetic gas from coal plants just demonstration projects by comparison.

Global oil discoveries and new projects fell to historic lows in 2016 US shale oil production has become a fundamental factor in balancing low activity in the conventional oil industry 27 April 2017

It's also an economic dynamo; shale natural gas and oil projects in just one region, the Marcellus shale, were responsible for more than 72 million man hours 5 of direct and indirect labor construction hours from 2008 through the first half of 2014.

BNP Paribas recently announced that it was restricting financing for oil and gas projects from shale and / or oil from tar sands as well as exploration and production projects in the Arctic.

• The shale revolution has created a new competitive environment for investment in offshore oil and gas • Policy support and technology developments promise major cost reductions for the next wave of offshore wind projects

According to a report released by the University of Illinois at Urbana - Champaign, oil and natural gas projects related to the Marcellus shale region from 2008 through the first half of 2014 were responsible for more than 72 million man hours of direct and indirect labor construction.

Over the last two decades, global warming activists succeeded in slowing the development of the oil sands, blocking major pipelines like Keystone XL, phasing out coal plants and banning shale gas and oil projects.

Lawrence Solomon: Over the last two decades, global warming activists succeeded in slowing the development of the oil sands, blocking major pipelines like Keystone XL, phasing out coal plants and banning shale gas and oil projects.

Shell R and D has several project in northwestern Colorado the use in - situ resistive heating to crack kerogen in oil shale to a crude oil that can be pumped out of the formation.

Plus, the need for more coal - fired or nuclear generation (see below for details) will have impacts far outside the immediate areas where oil shale projects are underway; and,

He has successfully represented clients in the development of multi-billion dollar projects including pipeline projects, oil sands projects, shale gas projects, LNG projects, hydro - electric projects, offshore developments, and mining projects.

Our team understands the oil and gas industry and has been active in its development in areas across Canada and internationally, but with special emphasis on offshore projects, shale gas, western Newfoundland and the arctic.