Sentences with phrase «example national oil companies»
For example National Oil Companies such as Saudi Aramco may have decades of proven reserves, but could never produce them all within the next 15 - 20 years.
https://www.carbontracker.org/ Not exact matches
PetroChina's purchase of the 40 % of the McKay River oilsands project it doesn't already own from Athabasca Oil Sands is just the latest example of China's national oil companies snapping up Canadian energy reservOil Sands is just the latest example of China's national oil companies snapping up Canadian energy reservoil companies snapping up Canadian energy reserves.
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.
And the perfect example is the Arctic National Wildlife Refuge in this country which is 30,000 square miles of wilderness and it's our greatest wilderness area; yet the administration, oil companies want to thrash it; its complete ecological vandalism.