Sentences with phrase «for oil exploration»

World leaders urgently need to curtail the billions of dollars that are currently earmarked for oil exploration and extraction.
The senior White House official told me that they were exploring an energy deal that would include a «serious» and «short - term» increase in domestic production — perhaps opening up for oil exploration places like the waters off the coast of California — that would appease the «Drill, baby, drill» crowd, while also adopting a cap - and - trade plan that could take effect one or two (or more) years after 2012, which is when Obama's current plan would start.
The warming climate is making it easier for ships and vessels to access the ocean, increasing the opportunity for oil exploration.
His most recent presidential financial disclosure, filed in 2015, showed that a sizeable portion of his wealth in recent years has come from energy investments and consulting work for a Texas equipment firm that provides heavy machinery for oil exploration work.
Support for oil exploration, as I wrote earlier this month, is a prerequisite to passage of a bill, so a pragmatic president is walking his usual very fine line, with what appears to be a smart focus on the long haul.
Only those rocks that can answer yes to the first question and no to the second are candidates for oil exploration
-- Environmental Studies: Study oil exploration, compare transportation issues, use of private roads for access vs. conservation or sustainable oil exploration with water access and proposed limited private footprints for oil exploration.
The Guardian reported that the Brazilian government has sold 80 blocks for oil exploration and drilling at the mouth of the river.
With placards, some of which read: «Gov» t abrogate this evil agreement,» «No Niger Delta militancy in Anlo land,» «shrimp and tilapia farm in Keta basin is forever,» the residents maintained they will not give up their farming and fishing for oil exploration.
Commentators have been overtly optimistic about the potential for oil exploration to affect the local economy positively.
Execs also rated the likeliness of benefits for oil exploration in North America as a 5.1.
Apart from its potentials for oil explorations, Borno has billionaires with huge investments outside the state.

Not exact matches

WESTERN Australia's «energy gold rush» is overshadowing minerals exploration as investment in searching for oil and gas reaches a figure more than double that spent looking for minerals.
The time is ripe for anyone with new ideas on some facet of oil and gas exploration, drilling or production that could cut costs, says Yager.
Among the biggest issues oil - and - gas - exploration companies face in the search for new sources of hydrocarbons is putting humans or high - value assets at risk.
Perth - based data management company Tape Ark has completed a world first for the oil and gas exploration industry by demonstrating real - time seismic data acquisition using cloud storage rather than traditional tapes.
That could throw a wrench in plans for the oilsands, which require high oil prices to remain profitable, and crimp much of the manic exploration activity in mining.
• Neptune Energy Group, which is backed by Carlyle Group and CVC Capital Partners, agreed to acquire ENGIE E&P International, a Paris - based oil and gas exploration company, for $ 3.9 billion.
• BP Energy Partners will sell portfolio company Pinnacle Midstream, a Houston, Texas - based oil and gas exploration company, for at least $ 300 million, according to Reuters.
In California, oil companies are pressing for further exploration of the massive Monterey Shale, a 1,750 - square - mile area extending from the agricultural Central Valley to the Pacific Ocean that federal energy officials say could ultimately comprise two - thirds of the nation's shale oil reserves.
On Friday, Trump is expected to sign an order to review areas available for offshore oil and gas exploration, as well as rules governing offshore drilling.
Otto Energy says the sale of its Galoc oil field assets in the Philippines to Singapore - based energy company Risco Energy Investments for $ 113.4 million will help fund exploration activities for two years and return capital to shareholders.
PDC Energy, Inc. is a domestic independent exploration and production company that acquires, produces, develops, and explores for crude oil, natural gas and NGLs with operations in the Wattenberg Field in Colorado and in the Delaware Basin in West Texas.
Miro Advisors has been selected by oil and gas explorer New Standard Energy to manage the farm - out of its Western Australian exploration acreage, continuing four years of rapid growth for the Perth advisory firm, as detailed in this week's edition of Business News.
The Trump Interior Department announced Thursday plans to offer blocks in the Arctic, Atlantic and Pacific oceans for oil and gas exploration in an ambitious new five - year offshore lease plan.
US - focused oil and gas exploration company Target Energy has announced plans for a $ 3.6 million capital raising, a farm - in agreement for a project in South Texas and changes to its board.
These efforts are bearing fruit for Weatherhaven, which recently partnered with Brazilian construction and logistics company Esbracon, to provide up to 10 sustainable camp projects for oil and gas exploration giant, HRT of Brazil.
As oil extraction and exploration slowed, as did demand for scrap metal.
Seadrill was forced to seek bankruptcy court protection from creditors after a sharp drop in oil prices in 2014 cut oil firms» appetite for exploration, pushing rates for rigs down and leaving many idle.
The oil - exploration rush in nearby Indonesia has been beneficial for Singapore, which now supplies much of the equipment used in offshore drilling.
Expanding offshore drilling April 28 In the same executive order, Trump ordered the Department of the Interior to create a new five - year schedule for leasing blocks of the U.S. outer continental shelf for oil and gas exploration.
Representing one of its first major overseas acquisitions, the company's wholly - owned subsidiary, Woodside Energy (USA) Inc. reached agreement with the Marathon Oil Company — part of the USX - Marathon Group which is a unit of the USX Corporation in Pittsburgh — for the acquisition of interests in a number of deep water exploration acreage blocks in the Gulf.
For more than two decades, Warburg Pincus has invested or committed over $ 9.5 billion across more than 50 energy investments around the world involved in oil and gas exploration and production, midstream, power generation, oilfield technology and related - services, mining and alternative energy development.
For deep water, the time frame from initial exploration discovery to production of oil ranges from 5 to 10 years.
Looking ahead into 2018, I am keeping a close eye on the energy sector, where the ability of US exploration and production (E&P) companies to grow oil production — at half the price of oil from just a few years ago — remains a competitive advantage for these firms.
As its name suggests, the oil and gas producer focuses entirely on prospects within the state of California, and the crude oil price declines in 2015 created massive losses for the small exploration and production company.
The recent oil shale boom was powered mostly by small firms because larger multinationals like Exxon and BP are structured for big payoff, technically - difficult projects like deep water drilling and Arctic exploration.
Canadian investors account for about 15 % of the worldwide financing activity in oil & gas exploration.
WASHINGTON, D.C. — In response to President Obama's action withdrawing large sections of the outer continental shelf for oil and gas exploration, Karen Harbert, president and CEO of the U.S. Chamber's Institute for 21st Century Energy, issued the following statement:
The 104 - page OPEC report finds that there will be greater demand for the group's oil in 2016, with customers consuming an average of 31.65 million barrels a day throughout the year because the market will be «supply - driven» as competitors, beset by low prices, continue to cut back severely on capital expenditures ranging from exploration to new drilling.
She said her government would also establish an economic development fund for the province and work to ensure that business owners benefit as much as possible from the oil exploration project on Anticosti Island.
The PQ's multimillion - dollar investments include cash for a new cement plant in the Gaspe region and an oil - exploration project on Quebec's remote Anticosti Island.
It was a lackluster month for stocks overall, but many oil and gas exploration and production sto...
The largest detractor from performance for the quarter and past twelve months was Apache, the U.S. - based oil and gas exploration and production company.
While the largest component of this extraction is exploration and development of oil and gas resources, the bureau is also responsible for «non-energy minerals» (primarily sand and gravel) excavated from the ocean floor.
One of the ETFs currently on my watchlist for potential buy entry is SPDR S&P Oil & Gas Exploration ETF ($ XOP).
Apache, a U.S. - based leading oil and gas exploration and production company, was the largest detractor for the quarter, declining 19 %.
However, oil prices have been dropping like hot potatoes, almost 30 %, and with that energy stocks are tanking in unison and singing songs with same tune, along with drilling and exploration companies for shale oil or natural gas.
The Act, as amended, provides guidelines for implementing an OCS oil and gas exploration and development program.
The Fund's top contributor for the quarter was a U.S. technology company, while the largest detractor was a U.S. - based oil and gas exploration and production company.
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