Sentences with phrase «for oil operations»

Though the Executive Director of ACEP, Dr. Mohammed Amin Andam admits that the 30 million dollars window may not be enough for oil operations, he is confident the check will protect the national purse.

Not exact matches

Cash flow from operations — a key metric of financial health in the oil industry — came in at $ 7.4 billion for the quarter, matching the year - earlier period.
In June the company received the first - ever FAA commercial license for unmanned aircraft operations over land and water for its work with BP on Alaska's North Slope, part of a big push to develop oil and gas in remote areas with the help of UAVs.
After the price drop, the oil companies scaled back operations in the Bakken area, and the demand for hotel rooms plummeted.
Petroleum engineers conduct studies for new oil and gas fields, oversee drilling operations, and sometimes develop production equipment.
Perth - based explorer Hawkley Oil & Gas has entered into a binding term sheet for the sale of its Ukraine oil and gas operations to Black Star Petroleum in exchange for 600 million sharOil & Gas has entered into a binding term sheet for the sale of its Ukraine oil and gas operations to Black Star Petroleum in exchange for 600 million sharoil and gas operations to Black Star Petroleum in exchange for 600 million shares.
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.
Some of Friedland's past money - makers include the 1996 sale of his Voisey's Bay nickel property to Inco for $ 3.1 billion and the 2009 sale of Ivanhoe Energy's American oil and gas operations to Seneca Resources Corp. in a $ 40 - million deal.
Aleida Rios is responsible for the safe, reliable and compliant operations on BP's four offshore platforms in the deepwater gulf, which produce 250,000 barrels of oil equivalent per day.
For example, Transocean alone operates 10 of the 60 offshore oil platforms currently in operation in Brazil.
With cash operating costs of $ 34.45 per barrel for its oil sands operations, Suncor has retained a healthy cash margin through the downturn.
Oil companies have advanced the technology for deep - water drilling elsewhere in the world, but those operations are unfit to contend with Arctic conditions.
Exxon has argued against all the other shareholder proposals as well, including a «policy to explicitly prohibit discrimination based on sexual orientation and gender identity»; a policy articulating Exxon's «respect for and commitment to the human right to water»; «a report discussing possible long term risks to the company's finances and operations posed by the environmental, social and economic challenges associated with the oil sands»; a report of «known and potential environmental impacts» and «policy options» to address the impacts of the company's «fracturing operations»; a report of recommendations on how Exxon can become an «environmentally sustainable energy company»; and adoption of «quantitative goals... for reducing total greenhouse gas emissions.»
Among the factors that could cause actual results to differ materially are the following: (1) worldwide economic, political, and capital markets conditions and other factors beyond the Company's control, including natural and other disasters or climate change affecting the operations of the Company or its customers and suppliers; (2) the Company's credit ratings and its cost of capital; (3) competitive conditions and customer preferences; (4) foreign currency exchange rates and fluctuations in those rates; (5) the timing and market acceptance of new product offerings; (6) the availability and cost of purchased components, compounds, raw materials and energy (including oil and natural gas and their derivatives) due to shortages, increased demand or supply interruptions (including those caused by natural and other disasters and other events); (7) the impact of acquisitions, strategic alliances, divestitures, and other unusual events resulting from portfolio management actions and other evolving business strategies, and possible organizational restructuring; (8) generating fewer productivity improvements than estimated; (9) unanticipated problems or delays with the phased implementation of a global enterprise resource planning (ERP) system, or security breaches and other disruptions to the Company's information technology infrastructure; (10) financial market risks that may affect the Company's funding obligations under defined benefit pension and postretirement plans; and (11) legal proceedings, including significant developments that could occur in the legal and regulatory proceedings described in the Company's Annual Report on Form 10 - K for the year ended Dec. 31, 2017, and any subsequent quarterly reports on Form 10 - Q (the «Reports»).
It also counted 180,000 barrels of upgraded oil per day from the oilsands operations it bought for about $ 11.1 billion in cash and shares from Royal Dutch Shell last spring.
Perth - based Amity Oil NL has paved the way for a smoother gas operation on the Whicher Range permit in the South West.
Oil sands players, as well as U.S. producers in North Dakota, have been clamouring for pipeline approvals, claiming that all of the political foot dragging around pipeline projects weakened pricing power and critically hampered their operations.
NEW ORLEANS (Reuters)- U.S. shale oil producer Anadarko Petroleum Corp expects double - digit increases in service costs this year for its operations in the Permian Basin, the largest U.S. oilfield, its chief executive said on Tuesday.
NEW ORLEANS U.S. shale oil producer Anadarko Petroleum Corp expects double - digit increases in service costs this year for its operations in the Permian Basin, the largest U.S. oilfield, its chief executive said on Tuesday.
NEW ORLEANS, March 27 U.S. shale oil producer Anadarko Petroleum Corp expects double - digit increases in service costs this year for its operations in the Permian Basin, the largest U.S. oilfield, its chief executive said on Tuesday.
Disclosing the Facts: Transparency and Risk in Methane Emissions focuses on the critical risk of methane emissions and how companies are managing methane reduction, reflecting rising investor concern that excessive methane emissions from oil and gas operations will undercut the potential net climate benefit of substituting natural gas for coal, especially in decarbonizing energy markets.
Two are: the SPDR Energy Select (XLE) for exposure to US oil majors, many with international operations; and the iShares TSX Energy (XEG) for exposure to Canadian oil producers.
Statoil, Total, Shell and ConocoPhillips have all recently sold off oil sands stakes for a total of $ 27.3 billion in cash and shares, leaving most operations concentrated in the hands of a few large Canadian firms.
While those prices aren't going to cause any existing oil sands operations to shut down, the muted outlook for commodity prices is already prompting large players to shelve plans for new projects.
While the company certainly benefited from lower oil prices, it is not the sole reason for improved operations.
NE is an offshore drilling contractor for the oil and gas industry with operations all over the world including operations in the United States, Gulf of Mexico and Alaska, Mexico, Brazil, the North Sea, the Mediterranean, West Africa, the Middle East, India, Malaysia, and Australia.
«Also, as public and government appetite for deepwater offshore drilling ebbs, interest in onshore, safer oil extraction operations is set to increase.
New shale oil well productivity drove U.S. production higher in the last few years, with the average daily rate for the first month of operation rising from less than 100 Continue Reading
«Consider that cars on average are in operation for only about an hour each day, but they account for 45 % of global oil demand and, on average, 3,500 daily deaths worldwide.»
Steve Pastor, BHP's president for petroleum operations, said this week the company would consider swapping certain onshore oil and gas assets with competitors» offshore assets as part of its effort to exit U.S. shale operations.
With oil sands operations currently emitting roughly 70 Mt / year, the Alberta Climate Leadership Plan leaves «room» for emissions from the oil sands to grow by 30 Mt / year.
March 17, 2011: Nathalie Normandeau, Quebec's natural resources minister, announced Wednesday that the province would no longer authorize hydraulic fracturing operations in the province in the hunt for oil and gas.
This is despite the efficiency gains have been realized for in situ oil sands operations and bitumen upgrading facilities, driven in part by Alberta's Specified Gas Emitters Regulation.
However, given that most of Young's statements have equated the oil sands with the oil sands mining operations around Fort Mc Murray, it's worth noting that the mining (and upgrading) of bitumen contributed 32 Mt CO2 emissions to Canada's total in 2011, and that emissions from mining operations are expected to stay well below those of personal vehicles for some time.
If there's a bright spot for the province, however, it's that the ongoing disruption of Alberta oil sands production — estimated by the Conference Board of Canada to be about 1.2 million barrels a day, comprising nearly $ 1 billion in economic activity — has contributed to a rally in global oil prices that could give producers, and therefore the Alberta economy, a badly - needed lift once production is finally back on - line (assuming, of course, the fires are eventually extinguished and oil sands operations escape serious damage).
With Suncor is positioned nicely from a reserve standpoint, with operations in northern Alberta (which is second only to Saudi Arabia in production among oil sands regions), its valuation should rise to be more in line with peers, especially as supermajors continue to battle it out for conventional reserves.
A speed limit reduction will cascade throughout UNP's operations reducing operational efficiency as switching and loading stations wait longer for the slower oil trains.
Helmerich & Payne, Inc. is engaged in contract drilling of oil & gas wells for others & in the ownership, development & operation of commercial real estates.
It makes them long for oil and aims to continue its success in this segment of operation.
«We dodged a bullet here,» said Arthur Cashin, director of floor operations for UBS, on «Closing Bell» Wednesday, referring to oil's bounce off the lows that spurred the stock market's comeback.
In particular, the company has big plans for oil sands operations, where volumes are likely to climb 25 % -40 %.
The Oil and Gas Exploration and Production segment explores for and produces oil, condensate, natural gas and natural gas liquids (NGLs), and focuses on the development and operation of the Company's liquefied natural gas (LNG) project in MozambiqOil and Gas Exploration and Production segment explores for and produces oil, condensate, natural gas and natural gas liquids (NGLs), and focuses on the development and operation of the Company's liquefied natural gas (LNG) project in Mozambiqoil, condensate, natural gas and natural gas liquids (NGLs), and focuses on the development and operation of the Company's liquefied natural gas (LNG) project in Mozambique.
A recent article from Shale Plays Media highlights that just a year ago oil field fracking operations used around 2,500 tons of sand, whereas today the new fracking techniques call for as much as 8,000 tons of sand to be pumped into a well.
That perhaps lends credence to critics» assertions that the petro is just a virtual barrel of oil, an attempt by the Maduro government to raise billions of dollars in foreign exchange in order to keep the government in operation without having to do the actual hard work of drilling for and shipping oil.
Lonestar frequently provides services for drilling operations, oil sands projects, plant maintenance, as well as commercial, municipal and civil projects.
The neocon position has for over a decade focused on advancing American strategic interests in the oil - rich Middle East and finding ways to establish bases for military operations to protect those interests.
Waste materials from the restaurants» operations, such as olive oil, is donated for conversion into bio-diesel.
Early industry development is in many ways analogous to that of the organic poultry industry, in that conventional fingerlings or spat (mollusc larvae) can be brought in to start the operation, maximum density may be controlled and there is a five per cent allowance for conventional feed to allow high nutrient foods (mainly fish oil) to be used.
Cargill has entered into a supply agreement to provide Unilever's European operations with 10,000 metric tonnes of segregated refined palm oil, certified by the Round Table for Sustainable Palm Oil (RSPoil, certified by the Round Table for Sustainable Palm Oil (RSPOil (RSPO).
We have been recycling food byproducts from our manufacturing operations as well as meat scraps and cooking oil from our retail operations for many years.
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