India imports most of
her crude oil needs and in 2014 - 15 that was about 190 million tonnes, nearly 20 million tonnes more than in 2011 - 12.
Not exact matches
A rebound in
oil prices following the 2014 collapse of the
crude market has somewhat curbed the
need for such a large IPO, sources told the Wall Street Journal.
Iran's
oil minister Bijan Zanganehsaid that if
crude oil prices continued to rise, there would be no
need to extend a pact between the Organization of...
Say I'm running Esso right now, and I
need to raise my price by 5 cents because the cost of
crude oil went up.
Well, just as is the case with
crude oil, data
needs to undergo a refining process.
The general consensus among economists is that
crude oil prices
need to climb dramatically higher before threatening the global recovery.
«Rail and supporting non-pipeline modes should be capable, as was projected in 2011, of providing the capacity
needed to transport all incremental Western Canadian and Bakken
crude oil production to markets if there were no additional pipeline projects approved.»
Prices for
crude oil, the world economy's most essential commodity, will
need until 2020 to recover from the price war unleashed last year by Saudi Arabia, the International Energy Agency said Tuesday in its annual outlook for the global energy market.
However, you
need to keep in mind that we are not talking about a systematic lowering of
crude oil costs in eastern North America — we are talking about an increase in
crude costs in Western Canada, combined with a potential small decrease in costs for some eastern refineries.
Suncor Energy Inc. and Imperial
Oil Ltd. are accusing Enbridge Inc. of overbuilding pipeline capacity into the U.S. at a time when it's not
needed, and are looking to escape the increase in tolls that will come once Alberta Clipper, a major new
crude pipeline, enters service later this year.
In this way, the Saudis are making sure that China would continue to buy more of their
oil, while Beijing is securing part of its
crude import
needs.
While we are seeing great increases in U.S. shale
oil production, the truth is that many U.S. refiners have lighter condensate than they
need for heavy
crude to ramp up.
(b) whether adequate supplies and reserves of natural gas,
crude oil and refined fuels will be available for Alberta's present and future
needs, and
However, if
crude oil doesn't remain above its forecast, Sanchez might
need to cut back on drilling, so that its leverage ratio doesn't go the wrong way.
But experts warn that OPEC
needs to extend the cuts beyond March 2018 in order to continue depleting
crude oil stockpiles.
First you
need to understand a bit about the economics of tar sands
oil — a cheap, off - brand version of conventional
crude.
WTI
Crude oil, meanwhile, has slipped down to near key make - or - break territory after Thursday's bearish DOE stats, and will
need to rally quickly to avoid undercutting this six - month uptrend line which has been in place since January.
The new Line 3 will comprise the newest and most advanced pipeline technology — and provide much
needed incremental capacity to support Canadian
crude oil production growth, and U.S. and Canadian refinery demand.
If you look at
crude oil price somewhere in the area of $ 80 to $ 90, we have about 650,000 barrels per day of production that
need to be supported at that particular level.
Our natural gas and power markets meet the hedging
needs of North American and European energy market participants and are offered alongside our
crude and refined
oil, coal, natural gas liquids and other emerging energy markets.
«Our prompt intervention in agriculture was premised on
need to swiftly rescue the nation from being collapsed due to her over-dependent on
crude oil.
In the light of the crash in global
crude oil price, which is Nigeria's main foreign exchange earner, the devastating actions of aggrieved militants on
oil and gas infrastructure in the
oil - rich Niger Delta which has resulted in lock - in or leakages of
crude oil, sometimes in excess of one million barrels that could have been exported daily, and the consequential rapid decline in the well - being of the masses, the urgency to fix the Nigerian economy by changing tactics from sole reliance on
oil, becomes more poignant and urgent, hence the
need for international experts to aid diversification efforts of the government.
The reason for which some of those plants were not producing and meeting our
needs were because there were debts owed them, there were
crude oil financing
needs that money was not being made available to finance.
He said that Nigerians
needed to know how much revenue the government had been able to generate from
crude oil, non-
oil and independent revenue sources since assumption.
He lamented over what he regarded as era of extinction of
crude oil in the world, saying the sharp drop in the global prices of
crude oil was a signal to the fact that government at all levels
need to shift face to agriculture.
But reacting to the fare hikes in an interview with Accra News on Wednesday April 5, Mr Boateng said: «This is a disappointment to Ghanaians because we thought there was no
need, following the drop in the prices of
crude oil.
Challenges with FPSO Kwame Nkrumah and in Nigeria have combined to unduly deny Ghanaians our much
needed gas and light
crude oil, for electricity generation.
He said media should endeavour in sensitizing public on the current economic predicaments through educative and informative programmes capable of orientating the general public on the
need to be productive and take - off their minds from
crude oil revenues that have crashed.
He said the town «doesn't
need another mode of transport» bringing
crude oil through the community.
Along with our leader mazi Nnamdi Kanu, we are prepared to make whatever sacrifice is
needed in order to ensure that those that killed Biafrans in cold blood because of
crude oil and gas from our land is jailed and Biafra restored this year 2017.»
Remotely operated subs have met with both success and failure in stanching the flow of
crude, and the
oil industry may
need to rely on completely autonomous vehicles
«Our process can go into
oil fields and operate without the
need for electricity or water to convert what otherwise would be flared gas into gasoline or it can be mixed with
crude [
oil] to increase quality and quantity,» says Synfuels president Tom Rolfe.
Step one and, if it's
needed, step two produce what's called a «
crude oil.»
My name is simon... i am a real estate by proffesion into
Crude Oil as well and i am looking for a woman that will bring back my lost love... I am a man who have been heart broken and
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In recognition of the
need for improved understanding of
crude oil, and especially tight
crude oil properties, the Sandia Study was designed to characterize tight and conventional
crudes based on key chemical and physical properties and to identify properties that may contribute to increased likelihood and / or severity of combustion events that could arise during handling and transport.
PHMSA and FRA issued a supplementary safety advisory, Safety Advisory 2013 - 07, on November 20, 2013, to emphasize the importance of proper characterization, classification, and selection of a packing group for Class 3 materials (flammable liquids, including petroleum
crude oil), and to reinforce the
need to follow the Federal hazardous materials regulations for safety and security planning.
It doesn't really matter whether you get your
crude oil from Libya, Venezuela or the North Sea: you just
need oil.
You will
need to take into account unpredictable price fluctuations in the last trading day of
crude oil futures, or natural gas futures, for example.
Crude oil, for example, will often demand high margins, so you'll
need a larger account to trade it.
Though the problem with getting inflation protection with
crude oil futures is that market participants
need to pay storage costs, reflected through the roll yield when there is excess inventory.
The
need for the BOC to act was created by sliding inflation, weaker
crude prices (which threaten domestic sand
oil production), and lagging employment growth.
The Saudi
need for money is a much simpler explanation than trying to knock out US shale
oil, or gouge the Iranians, because it has the Saudis acting directly in their own interests, and it fits the price series for
crude oil better.
It's not just punishing US shale
oil production and Iranian
crude production — the Saudis
need the money.
Who would
need government incentives to conserve
oil with
crude going for $ 125 a barrel and gasoline hitting $ 7 a gallon at the pump?
Lower 48 refiners
need Canadian
crude oil.
It might surprise many viewers that it would take three times the weight equivalent of CO2 in the energy
needed just to convert the bitumen in the tar sands into the same amount of conventional
crude oil.
Here's the tweet from @exxonmobil sent in response to critics who pointed out that, because of a major loophole that
needs to be closed, bitumen is not considered
crude oil, and therefore tar sands pipeline operators like Exxon aren't required to pay into the
oil spill cleanup fund.
Environmentalists argue that the U.S. president
needs to take a stand against further development of tar sands
oil, which is more carbon - intensive than conventional
crude oil, and will put the world on what they call an unsustainable energy path.
In an interview with The Globe and Mail editorial board, David Collyer, president of the Canadian Association of Petroleum Producers, said the Keystone XL line is
needed to connect the Alberta
oil sands with refiners who have invested billions of dollar to upgrade their plants so that they can process heavy grades of
crude.
Crude fossils such as
oil and coal among others,
need to go through a number processing stages for it to be an end product that can be useful in providing energy.