Sentences with phrase «coming oil revenues»

Not exact matches

Notley achieved one of the most surprising electoral wins in Canadian history and one of the most profound for the progressive movement, but it came just as oil was reaching terminal price - drop velocity, shoaling the Alberta revenue tanker.

Now, with billions in new revenues flowing out of these deposits, a growing number of oil - and - gas - field services firms have emerged with solutions to the problem of how to remediate the huge volumes of heavily polluted water that comes out of the ground.

Furthermore, it is relatively easy to come up with plausible scenarios where oil prices stay flat or even fall, usually involving some combination of a slowdown in China's economy and state - owned enterprises increasing oil production to make up lost revenue through increased volumes.

The majority of its revenue comes from exporting oil via the Trans - Alaska Pipeline System.

Evan Solomon: The government of Alberta, they point to these statistics: the oil sands creates $ 307 billion in tax revenue, $ 187 billion for the federal government, 23 % of employment is from oil sands, 7 % of employment in Canada from the oil sands and in Ontario alone, 7 %, they say, of employment comes from the oil sands and they say royalties of $ 1.9 billion fund programs across the country.

And there is a lot to make up for considering that four - fifths of the government's revenue comes from oil and gas exports — and its 2015 budget was calculated against $ 85 oil.

The drilling comes after President Rafael Correa abandoned an innovative proposal to keep the oil from the three ITT fields permanently in the ground in exchange for international contributions totaling half its projected forgone revenue.

The new contracts will come when oil is roughly half that price, a drop in value that could reduce pipeline operating revenue by millions of dollars a day and ruin the pipeline's business strategy.

The claim comes one year after the ATO had a landmark win in the Federal Court against US oil company Chevron over a similar issue, and as Exxon's Australian subsidiary reported a 43 per cent surge in revenue to $ 10.37 billion and a 26-fold increase in annual profits.

Experts warn that the Canadian dollar will remain weak over the coming months, with oil prices going down and revenues falling.

Because the bulk of Trinidad's revenue comes from natural gas and oil, and the country attracts many suppliers, competition is stiff.

«Also, we are told that the money paid to Smarttys came from our oil revenue.

Then came the sanctions, reducing the oil revenues close to zero and making everything worse.)

The pressure comes at a time Nigeria desperately needs oil revenue to keep its battered economy running.

Oil revenue has become one of Ghana's mainstays of the national economy and is likely to remain so for a long time to come, as it currently provides the bulk of government revenue and most of the foreign exchange earnings.

The Mahama - led administration came under heavy criticism after it spent 3.6 million of oil revenues in re-branding 116 Metro Mass Transit (MMT) buses in 2015.

It remains an open question exactly how much oil — and therefore revenue — could come from drilling in the coastal plain of ANWR, in part because it's been nearly two decades since the U.S. Geological Survey has conducted a resource assessment of the area.

May 7, 2012 • Cash - strapped states are embracing the millions of dollars in new tax revenue coming from shale oil and gas development.

Even if the US economy continues to be in recession mode, CN should have stable revenues coming in from the movement of grains, oil, coal, chemicals etc..

Most of its revenue comes from natural gas liquids and a little bit from oil.

Obviously, I can't predict the near / medium - term direction of oil, or investor sentiment towards TLW & the oil sector — remember TLW's revenues & profitability will decline substantially, so investors may choose to focus on that for quite some time to come, rather than the long - term value of TLW's reserves & resources.

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.

The problem with this concept is that even if oil and gas prices are likely to increase in the future, thus increasing federal revenues from oil and gas leases on public lands, any such revenue coming from areas already open to production will be considered by CBO as already included in the baseline revenue picture.

The oil revenues you mention are the tax on all oil consumed, independent of where it comes from.

One of the most important aspects of this oil and gas strategy is that it should result in large increases in Federal revenue, particularly if the oil and gas come from Federal lands and waters.

Alaska is a unique place for an event like this: with close to 90 % of state revenue coming from the oil industry and 1 / 8th of the world's coal lying in our borders, it's a hard conversation to have with the leadership of Alaska.

The money most likely came from state oil revenues in a country where the vast majority survive on less than a dollar a day.

Global Witness also revealed an oil deal involving Gertler's Nessergy company which ultimately saw Congo lose out on $ 150 million: the combined total of potential revenue losses comes to $ 1.5 billion.

At the same time, the budget bill came freighted with legislation intended to «streamline» environmental review processes in the hope of fast - tracking oil pipelines and other large energy infrastructure projects, and it has handed the Canada Revenue Agency $ 7 million to intensify its scrutiny of environmental charities — especially the ones labelled «foreign radicals» by Natural Resources Minister Joe Oliver in a fiery Globe and Mail op - ed calling for approval of Enbridge's $ 5 - billion Northern Gateway pipeline from Alberta's oil sands to the coast of northern B.C.

Most of this relatively modest revenue (more than $ 23.1 million) comes not from the power generation business — but from Enhanced Oil Recovery (EOR) applications.

The budget showed federal government revenues in the coming year would be $ 3.4 billion lower than anticipated just four months ago, reflecting the weakest two quarters of economic growth since the 2008 - 09 recession and a steep discount on Western Canadian oil prices.