Sentences with phrase «about oil infrastructure»

A few things in the discussion surprised me, and it also forced me to think a lot more about oil infrastructure in this country and to put some numbers to the question, «What would it take -LSB-...]

Not exact matches

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.

For months, the United States has been frustrated by the Islamic State's ability to keep producing and exporting oil — what Defense Secretary Ashton B. Carter recently called «a critical pillar of the financial infrastructure» of the group — which generates about $ 40 million a month, or nearly $ 500 million a year, according to Treasury Department estimates.

However, in spite of oil prices being an average of $ 100 per barrel and about 2.1 m barrels a day, that great piece of luck was squandered and the country's social and physical infrastructure neglected.

The World Energy Outlook 2016, released last week, is just one among an increasing line of studies showing how nations need to slow and, ultimately, phase out investment in new fossil fuel supply infrastructure — from oil fields and pipelines to coal mines — if they are serious about keeping warming to 2C or less.

Based on information and analysis about the North American crude transport infrastructure (particularly the proven ability of rail to transport substantial quantities of crude oil profitably under current market conditions, and to add capacity relatively rapidly) and the global crude oil market, the draft Supplemental EIS concludes that approval or denial of the proposed Project is unlikely to have a substantial impact on the rate of development in the oil sands, or on the amount of heavy crude oil refined in the Gulf Coast area.

Simpletons and Bush / Mcbush apologists also feel that ethanol which is LESS efficient than ordinary gas, is a GREAT idea, even as it creates the world's largest dead zone in the Gulf, offshore drilling is THE answer despite anyone w / a brain stating that this capacity won't come online for 30 years and which will produce about three weeks» worth of oil at our country's CURRENT rate of use, and that some silly gas tax reprieve, which will cost us in infrastructure improvements and lost jobs, is a good thing....

A year ago I wrote If You Really Want To Get Off Oil, Move To Buffalo, about its incredible infrastructure.

Credits for using giant machines to remove the gas are not likely to be accepted internationally for a long time, if at all, not least because the industrial infrastructure needed for extraction would need to be about as big as the infrastructure that puts it there — oil wells, coal mines, railways, pipelines, power plants, refineries and so on.

We do need to invest in infrastructure in the face of the climate change we've already locked in, and if we don't simultaneously radically lower our emissions, and that by the way has huge implications for the industry that is the dominant industry in precisely the areas that are being hardest hit, the oil and gas industry, which is a major economic engine in Texas and Louisiana, and specifically in some of the areas that are being hardest hit, which is a whole other layer of risk that we have seen very little about.

And remember not only that this would contain just 20 percent of today's CO2 emissions but also this crucial difference: The oil industry has invested in its enormous infrastructure in order to make a profit, to sell its product on an energy - hungry market (at around $ 100 per barrel and 7.2 barrels per tonne that comes to about $ 700 per tonne)-- but (one way or another) the taxpayers of rich countries would have to pay for huge capital costs and significant operating burdens of any massive CCS.

This means that in order to sequester just a fifth of current CO2 emissions we would have to create an entirely new worldwide absorption - gathering - compression - transportation - storage industry whose annual throughput would have to be about 70 percent larger than the annual volume now handled by the global crude oil industry whose immense infrastructure of wells, pipelines, compressor stations and storages took generations to build.Technically possible — but not within a timeframe that would prevent CO2 from rising above 450 ppm.

• Scale: Achieving the Intergovernmental Panel on Climate Change's long - term sequestration goals means boosting deep geological carbon dioxide storage from about 5 megatons per year to more than 22,000 megatons annually by the end of the century — an «unprecedented» undertaking that Mr. Thomson says will involve extensive new facilities and pipelines that would rival the world's oil industry infrastructure.

Even though the Kremlin - financed media spreads propaganda about the CRU scientists, the Russians do want to know about climate change so they can anticipate how to mitigate the consequences of global warming and protect their gas and oil infrastructure.

If we're serious about oil sands development — and IHS» report strongly suggests Americans should be — then we should quit politicking to death the single biggest infrastructure project at hand that would facilitate oil sands transportation to the U.S.

Sure, tax cuts, grants and loans are fairly easy to account for, but what about military deployments to secure foreign oil supplies, or infrastructure costs like roads and transmission lines, or the seemingly endless stream of external costs linked to carbon emissions, toxic air and water pollutants, higher health care costs and missed work days?

The widespread environmental devastation caused by Hurricane Ike has been pretty well documented — the oil spills (about a half a million gallons worth), a missing drill rig, and destroyed pipelines and infrastructure were all bad

In this California case, the oil companies are being accused of promoting doubt about climate science, which has delayed regulatory action and left coastal cities to deal with eroding coastlines, property loss and infrastructure damage.

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