Sentences with phrase «as oil and gas producers»

These price changes now appear to be affecting the global economy, and may result in a global recession as oil and gas producers reduce their exploration and development efforts for oil and gas and countries dependent on oil and gas revenue from large reservoirs are forced to retrench and rethink their lifestyles.

Not exact matches

May 1 Anadarko Petroleum Corp reported a quarterly profit on Tuesday as higher crude prices helped the oil and gas producer earn more per barrel.
The energy industry — oil, natural gas, and coal producers — will undoubtedly dismiss the report as alarmist.
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.
As its name suggests, the oil and gas producer focuses entirely on prospects within the state of California, and the crude oil price declines in 2015 created massive losses for the small exploration and production company.
Oil and gas producer Midstates Petroleum Co Inc raised doubts about its ability to remain as a going concern and said it may need to seek Chapter 11 bankruptcy protection.
Oil is just one part of the story — we are also a major producer and exporter of coal and natural gas, base and precious metals, minerals such as potash, and agricultural and forest products.
Shares of oil and gas producer Halcon Resources (NYSE: HK) are up 41 % as of 11 a.m. EDT Tuesday.
Newspapers across the country have highlighted layoffs, delays in new projects, and provincial budget deficits as oil sands producers and liquefied natural gas (LNG) export proponents cut costs to...
Oil getting hit for 2 % as US Producers add more rigs and Iran ramps exports, while Natty Gas drops 1.5 %, adding to last week's losses.
Germany's BASF, owner of oil and gas producer Wintershall, said Friday it expects gas prices to remain depressed throughout 2016 as it struggles to compensate for the loss of sales Continue Reading
Beach Energy chief executive Matt Kay says the oil and gas producer is «making sure our interests are protected» as the $ 600 million - plus takeover tussle plays out over AWE, its partner in the prized Waitsia onshore gas field in Western Australia.
Chinese companies are expanding abroad and acquiring assets such as state - owned CNOOC Ltd.'s $ 15.1 billion purchase this month of Canadian oil and gas producer Nexen.
The shortfall may grow critical as electricity producers close down old oil and coal plants in favor of cleaner natural gas.
In 2012, the United States produced oil at record levels and is expected to overtake Russia this year as the world's largest producer of oil and natural gas combined, according to the report.
Park Systems, world - leader in atomic force microscopy (AFM) today announced a webinar to provide next generation technology to improve oil and gas production in both traditional drilling and hydraulic fracturing for oil & gas producers and equipment manufacturers as they continue to pursue the latest developments in production efficiencies.
Farmers, ranchers and other food growers along with food producers, petroleum companies who either drill for oil or natural gas or refine these products - or both, financial institutions with enormous holdings in treasuries, equities or currencies, mining interests and their buyers - all these areas of production and distribution employ futures trading spreads from time to time as an important aspect of their businesses.
In contrast, we had nice returns in a number of our media, insurance and food stocks, among others, including Axel Springer, Schibsted, Zurich Insurance, Berkshire Hathaway, and Nestlé, but it was unfortunately not enough to overcome the continued pressure on our oil & gas stocks, which included fully integrated holdings such as Total and Royal Dutch; exploration and production companies such as Devon Energy and Pacific Rubiales; Canadian oil sands producers such as Cenovus; and energy service holdings such as Halliburton and National Oilwell Varco.
Known for decades for corruption and environmental degradation, the Niger Delta is also a verdant place, an abundant food producer as well as provider of crude oil and natural gas to the entire globe.
It has, in fact, worked so well that the United States will overtake Russia this year as the biggest combined oil and natural gas producer on the planet and is expected to pass Saudi Arabia as the number one oil producer by 2017.
Today, the United States is first in natural gas production, petroleum refining and soon to be the No. 1 producer of crude oil as early as this year, with some projecting we are already there.
As oil and gas production shifts away from OECD countries, supplies will increasingly come from major producers in the Middle East and Russia.
Among the companies that want the United States to embrace some form of greenhouse - gas limits are oil producers including the Royal Dutch / Shell Group and BP, as well as power - generating companies like Cinergy, AEP and Entergy, all of which have moved to reduce their own emissions.
«Some supporters of global warming legislation believe that the division in the once - monolithic oil and gas industry, as well as other splits among energy producers, could improve the prospects for the legislation.»
Purportedly set up to represent «small, independent oil and natural gas producers,» instead «Energy in Depth» is funded by some of the largest oil companies on the planet, such as Chevron, BP, Shell and Occidental, along with the American Petroleum Institute and other trade associations.
Technological breakthroughs in shale gas and tight oil production are poised to make the United States — not Saudi Arabia — the world's largest producer of crude oil as early as the end of the decade, according to the latest World Energy Outlook published by the International Energy Agency (IEA).
Dr. Thorning: S. 2028 might well increase dependence on foreign oil since producing domestically will become even more costly due to the need for producers to pay for the right to emit carbon as they produce oil, gas and coal.
«As a result of this decision, coal, oil, and natural gas producers could face federal common law nuisance claims all over the country,» he writes.
The quick reaction time by some of the high - cost producers, notably the American shale oil drillers, is why one of the world's foremost oilmen, Sadad Al - Husseini, the former executive vice-president of Saudi Aramco, the world's biggest oil and gas company, is becoming bullish on oil even as Brent prices sink to the low $ 60s.
We look forward to exporting our knowledge and expertise to the rest of the world as other progressive oil and gas producers follow in PDO's footsteps.»
Instructs the Secretary of Energy to: (1) establish a competitive grant program for oil and gas producers to implement projects to inject carbon dioxide to enhance recovery of oil or natural gas while increasing carbon dioxide sequestration; and (2) assess and report to Congress on the economic implications of the dependence of Hawaii on oil as its principal source of energy.
Industry associations such as the Confederation of European Paper Industries, European Steel Association, European Association of Metals and the International Association of Oil and Gas Producers regularly lobby EU climate policy makers, advocating business friendly policies.
BloombergBusiness — The U.S. has taken Russia's crown as the biggest oil and natural - gas producer in a demonstration of the seismic shifts in the world energy landscape emanating from America's shale fields.
[SEPP Comment: The US has overtaken Russia as the world's largest natural gas producer, and has also overtaken Russia as the world's second largest oil producer.
Ebinger has sat on the boards of directors of energy companies, including North Coast Energy, an independent oil and natural gas producer, and Kokomo Gas and Fuel Company, a natural gas distribution company, as well as a number of non-profit organizatiogas producer, and Kokomo Gas and Fuel Company, a natural gas distribution company, as well as a number of non-profit organizatioGas and Fuel Company, a natural gas distribution company, as well as a number of non-profit organizatiogas distribution company, as well as a number of non-profit organizations.
As attorney general for a state that is one the nation's biggest oil, natural gas and grain producers, Pruitt has been at the forefront of lawsuits challenging EPA regulations on carbon emissions and water pollution, and he is expected to lead the effort to erase much of President Barack Obama's environmental agenda.
We need a carbon tax, collected and returned to US citizens, to force the big fossil fuel producers to get serious about alternative energy sources and move away from coal, oil and gas as quickly as possible.
Vermont Yankee (closed) Pilgrim Station (closing), Brayton Point (closing), and Salem Harbor (closed, but facing NIMBY opposition to its plan to re-fuel the oil / coal plant with natural gas) together had almost equal generating capacity as all the Maine power producers combined.
Today, U.S. success as the world's leading producer of oil and natural gas has helped advance the primary goals of the RFS.
As the world's leading producer of oil and natural gas, U.S. energy infrastructure needs have changed.
During the past decade, American crude oil production jumped 88 percent and natural gas production increased 46 percent, catapulting the United States to our current position as the world's leading oil and natural gas producer.
The worksheets available below constitute the details each entity's production of oil & NGLs, natural gas, coal, and cement from as early as 1854 to 2010, as well as additional sources of emissions (such as vented CO2, flared CO2, own fuel use, and vented or fugitive methane), non-energy uses of oil, gas, and coal, emission factors for each fuel, calculation of emissions attributed to each Carbon Major producer, and several summary worksheets by fuel and for cumulative emissions by all entities.
To those wealthy, developed producers that have mastered a particular expertise in oxymorons (clean coal, oil pipelines to support climate action, natural gas as a bridge fuel etc...), ECO's message is simple: In with the good and out with the bad.
When it comes to Securing America, U.S. status as the world's leading oil and natural gas producer is a game - changer.
During his legal career he served as general counsel to a regional motel chain and represented several independent oil and gas producers in Indiana and Illinois.
As well as his role at Pacific, Galego also serves as general counsel at CGX Energy, a small Canadian oil and gas exploration company and serves on the board of the directors at Woulfe Mining, a company operating a mine out of South Korea that is in the process of being sold to another produceAs well as his role at Pacific, Galego also serves as general counsel at CGX Energy, a small Canadian oil and gas exploration company and serves on the board of the directors at Woulfe Mining, a company operating a mine out of South Korea that is in the process of being sold to another produceas his role at Pacific, Galego also serves as general counsel at CGX Energy, a small Canadian oil and gas exploration company and serves on the board of the directors at Woulfe Mining, a company operating a mine out of South Korea that is in the process of being sold to another produceas general counsel at CGX Energy, a small Canadian oil and gas exploration company and serves on the board of the directors at Woulfe Mining, a company operating a mine out of South Korea that is in the process of being sold to another producer.
The state has been experiencing rapid gross domestic product growth, thanks to becoming a major producer of energy, through natural gas and oil, and also high tech industries such as biotechnology.
The state later became a major oil and natural gas producer as well as a central area for the refining of petroleum and the manufacture of petrochemical products.
After a dip in transactions in 2015 and 2016 as oil prices slumped, the fund regained its appetite for deals late last year, investing in Turkey's biggest poultry producer, Rosneft, and U.K. gas company National Grid Plc, all within a couple of months.
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