In some ways it's a lot of the positions that it has taken over the years, have been in what we consider more
expensive oil projects.
Not exact matches
EX-IM's due diligence will come up against the same set of micro - and macro-economic facts that Kenyan officials appear impatient about —
oil projects are
expensive, complex and can take a long time.
The company warned then that it could cancel the proposed 4,500 - kilometre (2,800 mile)
oil pipeline from Hardisty, Alberta, to Saint John, New Brunswick, which would have been most
expensive project in TransCanada's history.
«These are ambitious
projects, very big
projects, and thus very
expensive,» he said in a telephone interview from Calgary, Alberta — Canada's
oil capital.
The 50 per cent drop in
oil price over the past year is none other than a very intentional effort to take off the table very
expensive fossil - fuel exploration and
projects that will not be viable with lower prices.
As the divestment movement and opposition to
projects like Keystone XL and the Dakota Access Pipeline continue to grow, it will make it more and more
expensive for
oil, gas, and coal companies to finance new development
projects — and stigmatize their product in the process.
Flying cars can be very
expensive to produce, and so far many of the
projects in the works seem geared more toward
oil barons than gas station attendants.