Sentences with phrase «crude oil exports»

This indeed is steady growth and it occurred without revenues from crude oil exports and in periods where the world was seeing the worst economic crisis in decades.
Growth in Canadian crude oil production has outpaced expansions in pipeline takeaway capacity and, along with past pipeline outages, has driven Canadian crude oil prices lower and increased Canadian crude oil exports by rail to the United States.
Growth in Canadian crude oil production has outpaced expansions in pipeline takeaway capacity and, along with past pipeline outages, has driven Canadian crude oil prices lower and increased Canadian crude oil exports by rail to the United States.
Reports from Washington DC claim that a new compromise was reached between both parties, trading a lifting of the ban on U.S. crude oil export for a 5 - year extension to the renewable energy tax credits.
The NNPC recorded total export proceeds of 170.12 million dollars in the month under review with crude oil export accounting for 98.31 million dollars, while gas export accounted for 71.81 million dollars.
Main Street will also be on the lookout in Alaska and Louisiana for indicators on a possible lift on U.S. crude oil export restrictions, which could open up business opportunities for all kinds of participants, from oil producers and refiners to trading houses and shipping companies.
The United States is the largest market for Canadian crude, with the neighbouring country purchasing almost 99 percent of the total crude oil exported from Canada in 2016 and the five - year average ranging between 97 - 99 percent.
When added up, these industries plus the total value of gas and crude oil exports accounted for a minimum of $ 8979 billion of the global economy in 2008.
Though the IMF report from December 2017 said the country has exited its recession, tepid GDP growth forecasts and reliance on crude oil exports make calls on January 25, 2018, from CBN Governor Edwin Emefiele to regulate cryptocurrencies seem tenuous.
This was in contrast to crude oil export earnings of N3.234 trillion, N3.269 trillion and N3.149 trillion for the first, second and third quarters respectively, while in the fourth quarter of 2014, the country earned N2.239 trillion from the export of the commodity in the fourth quarter of 2015.
Michael Tran of RBC Capital Markets explains why China is unlikely to expand its tariffs on the U.S. beyond propane to include crude oil exports as well.
U.S. crude oil exports rose to 2.175 million barrels per day, or more than 15 million a week, at the end of March.
According to a recent Reuters report, depending on who takes a Senate seat from several of these battle ground states and who wins certain gubernatorial races could mean which of the energy topics — EPA carbon regulations, the Keystone Pipeline XL's approval, relaxing crude oil export rules, developing clean energy technology — will take priority.
Kamloops meetings open a new chapter in B.C. pipeline and oil tanker resistance Texas pipeline company Kinder Morgan's push to expand crude oil exports through B.C. could spark «a fight the magnitude of Standing Rock,» according to veterans of the Sioux - led blockades in North Dakota.
Iran's crude oil exports reached a record 2.617 million bpd in April, according to its oil ministry's news service Shana — the highest level since Iran signed the nuclear deal with global Continue Reading
This comes after a report that showed that Saudi Arabia's crude oil exports fell in May to their lowest since December despite record production, with official data showing daily shipments stood at 6.935 million barrels a day (bpd) compared to 7.737 million bpd in April.
Corpus Christi has grown in importance recently because the volume of crude oil exports leaving the U.S has exited through the city's port.
In the month under review, the NNPC said its total export proceeds was $ 445.79 million with proceeds from crude oil export sale amounting to $ 325.28 million or 72.97 per cent of the dollar payment compared with 58.55 per cent contribution in previous month of September.
«At about 7:30 pm, the Niger Delta Avengers blow up ExxonMobile Qua Iboe 48 ″ crude oil export pipeline
In the months of June, July, August and September, Nigeria's crude oil export stood at N617.364 billion, N572.813 billion, N512.823 billion and N525.857 billion respectively.
Recent data released by the National Bureau of Statistics, NBS, had showed that a sharp decline was recorded in revenue accruable to the Federal Government from the petroleum sector, as the country's earnings from crude oil export dropped to N5.271 trillion for the nine month period, January to September 2015.
The potential for future Alaskan Arctic crude oil exports to foreign markets, especially those in Asia, can not be ignored — especially in light of the 2015 lifting of the federal prohibition on the export of crude oil from the U.S. to foreign markets.
The document states that the EU is seeking «a legally binding commitment» that would «transform» the current U.S. process for examining the impacts of natural gas and crude oil exports into a process whereby «licenses for exports to the EU are granted automatically and expeditiously».
This year, the Commerce Department quietly sidestepped the nation's de facto crude oil export ban, approving the first overseas oil shipment in decades.
Karen Harbert, president and CEO of the U.S. Chamber's Institute for 21st Century Energy, testified before the Senate Energy and Natural Resources Committee, claiming that lifting the ban oil crude oil exports should be a top priority:
Halting crude oil exports would reduce drilling and fracking and could prevent up to 500 million tons of greenhouse emissions — the pollution equivalent of more than 135 coal - fired power plants, according to a report from the Center for American Progress.
Press release 20 April 2016: Legal Petition Pushes President Obama to End Crude Oil Exports, Declare Climate Emergency 350 Organizations Back Effort to Protect Climate, Communities From Fracking Pollution Linked to Exporting U.S. Oil WASHINGTON — As the Obama administration prepares to sign the Paris climate agreement, 350 environmental, social - justice, health and faith organizations filed Read more about Legal petition pushes President Obama to declare climate emergency -LSB-...]
December 18, 2015 — «President Obama's Crude Oil Exports Decision Is True Climate Test,» Kassie Siegel, The Huffington Post
Some quick points from the new crude oil exports study from the U.S. Energy Information Administration (EIA):
The report further disclosed that crude oil export revenue increased by 14.42 per cent between September and October this year.
U.S. - produced natural gas can provide the same security advantages as those associated with crude oil exports.
Department of Energy Secretary Ernest Moniz told reporters in Seoul, South Korea that the government was reviewing the issue of crude oil exports, given the mismatch between rising supplies of crude and the U.S. refining capacity, The Wall Street Journal reported.
Though the IMF report from December 2017 said the country has exited its recession, tepid GDP growth forecasts and reliance on crude oil exports make
Last year, the value of Canadian crude oil exported to the U.S. was roughly C$ 51 billion.
Giving a breakdown of Nigeria's crude oil earnings in nine - month 2015, the NBS data revealed that the country earned N1.675 trillion from crude oil export in the first quarter of 2015, N1.984 trillion and N1.611 trillion in the second and third quarters respectively.
According to the U.S. Energy Information Administration's international data on crude oil exports for 2008 (the latest year for which all the data for this post was available), total annual exports were 15.442 billion barrels of crude oil.
However, he thinks «a Republican - controlled Congress could give the Obama administration some leeway to loosen the spigots somewhat» on U.S. crude oil exports.
Canadian crude oil exports do flow predominantly to the U.S., but the regional distribution of those crude oil exports is vitally important to understand.
Canadian crude oil exports, in 1000s of barrels per day, to US Petroleum Administration Districts for Defence (PADDs).
Buried in statistics released by the Energy Information Administration this week indicating the United States is exporting more crude oil than it has in 15 years is a still more startling fact: «Almost all of the crude oil exported from the United States has been delivered to Canada.»
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