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.