Sentences with phrase «demand for oil after»

Not exact matches

After the price drop, the oil companies scaled back operations in the Bakken area, and the demand for hotel rooms plummeted.

Shell can both comfortably pay shareholders and invest to ensure its survival after demand for oil peaks.

Despite the backdrop of political and economic uncertainty, OPEC said that it anticipated world oil demand growth in 2016 to increase by 1.23 million barrels a day (mb / d) after a marginal upward revision, mainly to reflect better - than - expected economic data for the first half of the year.

As data becomes the new oil driving the world economy, hackers will go after it more than ever before, spurring demand for professionals...

The grilling comes one day after the energy giant agreed to president Barack Obama's demands to set up a $ 20 billion (# 13.6 billion) fund for the victims of the Gulf of Mexico oil spill.

The January crude contract on the New York Mercantile Exchange fell 99 cents to US$ 59.95 a barrel, adding to a loss of almost $ 3 racked up Wednesday after OPEC cut its forecast for global demand for the cartel's oil.

For example, who has worked to stop sensible progress restraining carbon emissions and oil demand, muzzled an open scientific debate on on these issues, kept secret the participants in high level meetings to develop energy policy, vetoed one measure after another that would have advanced his country ever so little in a direction towards climate restraint.

Natural gas grows to account for a quarter of global energy demand in the New Policies Scenario by 2040, becoming the second - largest fuel in the global mix after oil.

After years of effort to try to slow demand for tar sands oil in the U.S., campaigners are finally seeing their arguments seriously taken up at the highest levels of the federal government.

After Paris, it's widely believed that the petroleum industry is entering an «ex growth» phase, meaning demand for oil will level off and eventually begin to decline as national emissions regulations tighten and clean energy alternatives become more affordable.

A wave of legal challenges that is washing over the oil and gas industry, demanding accountability for climate change, started as a ripple after revelations that ExxonMobil had long recognized the threat fossil fuels pose to the world.

Retail gasoline prices fell after crude oil prices dropped for the fourth straight week — a product of weaker - than - expected global demand and increasing production, which EIA says will save American households $ 550 next year, Bloomberg News reports.