Sentences with phrase «additional oil revenues»

Not exact matches

General Electric reported that just a 1 percent improvement in oil recovery was worth 80 billion additional barrels per year — the equivalent of billions of dollars in additional revenue.

Recent studies have shown that if Canadian oil were able to reach the U.S. Gulf Coast and Asia, the impact of higher revenues to Canadian producers over a 15 year period would amount to an additional $ 132 billion in Canadian GDP.

It is currently unclear how much additional revenue Turkana oil will contribute to the national economy.

«The disruption of oil production in the Niger Delta last year created very serious additional revenue challenges, in addition to low prices, we had low production.

«ACEP recommends that the government should pass the promised Mineral Revenue Management Act to create additional sources of funds from solid minerals to finance the free SHS policy,» the policy think tank stated in a 10 - page document analyzing the 2018 budget with regards to oil and gas,» the think - tank said.

The Carbon Limits study, which analyzed records from over 4,000 surveys of oil and gas facilities, reported that 97 percent of the volume of leaks comes from leaks which are economic to repair — i.e., the revenues from the additional gas are greater than the cost of the repair.

Geography gave Petra Nova an economic advantage: Captured carbon brings in additional revenue by being utilized in enhanced oil recovery at a nearby oil field operated by Hilcorp Energy Company.

Facing proposed oil and gas regulations that would increase production costs by less than a dollar a barrel, the tar sands industry notes that its production is already on the edges profitability and adding a few cents per barrel in additional production costs would be very likely reduce production and revenue.

However, as co-advisor Mark Fulton says, «KXL will improve revenues in the short - term which means that it will help catalyse new investment, more oil - sands production and additional greenhouse gas emissions».

Energy production is the main driver of the state's economy, providing more than 80 % of state government revenue and thousands of jobs.168 Continuing pressure for oil, gas, and mineral development on land and offshore in ice - covered waters increases the demand for infrastructure, placing additional stresses on ecosystems.

, ranks the largest publicly listed companies by the carbon intensity of their coal, oil, and gas reserves; the Clean200 ranks the largest publicly listed companies by their total clean energy revenues, with a few additional screens to help ensure the companies are indeed building the infrastructure and services needed for what Lester Brown and many others have called «The Great Energy Transition» in a just and equitable way.