Sentences with phrase «for oil reserves»

The manual is highly technical and outlines concerns specific to the industry, including accounting rules for oil reserves, how to review engineering reports, environmental issues such as potential oil spills and other risks.

Not exact matches

Despite the United States» boom in oil production, the world is still dependent on the Middle East for oil and gas reserves.
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.
AZERBAIJAN: Azerbaijan's major oil reserves and decade - long economic boom make it an attractive potential partner for the EU, which needs to diversify its energy sources away from a heavy dependence on Russian gas.
An audit of Saudi Aramco's oil reserves - an essential part of the preparatory work for its planned initial public offering - has found the state oil giant to have higher reserves than it previously reported.
To pay for that, the bill would cut a public health fund in President Barack Obama's health care law, reduce some payments made by Medicaid and Medicare and sell oil held in the government's strategic petroleum reserve.
That's bad news for an industry that's seen its access to the world's 1.34 trillion barrels of recoverable oil reserves shrink to about 20 % as governments from Russia to Venezuela progressively nationalize their oil industries.
Recently appointed as the nation's first special representative for the Arctic, Admiral Robert Papp arrives in the region just as Russia and Canada are clamoring for a piece of its vast oil and gas reserves, and as Shell is exploring for oil in American waters.
Canada's oilsands represent nearly two - thirds of the world's oil reserves available for private - sector investment.
Alberta's unconventional oil reserves are big enough to meaningfully increase world oil supplies — and lower crude prices for everyone — if they're fully developed.
Foreign exchange has been an area of some concern for Saudi in recent months as the crash in the price of oil forced the country to expend its FX reserves to levels not seen in over three years, and draining the country's economy.
For nearly a century, the Kingdom of Saudi Arabia has relied on the country's expansive oil reserves to power its economy.
With the oil reserves in the Middle East threatened, the world could also turn to Canadas energy resources as a haven for a world in conflict.
Libya and its growing crude oil output became a major worry for OPEC in the last few months when attacks on fields and pipelines largely subsided, allowing the country holding Africa's biggest oil reserves to recover its production to over 1 million barrels.
The consumers pay for crude oil in dollars; hence, they always have to keep a steady reserve of dollars, thereby maintaining a high demand for the the currency.
An international independent audit of the oil reserves of Saudi Aramco has more than confirmed the official figures released by Riyadh for three decades, putting the number at 270 Continue Reading
The U.S. sale from the reserve was expected at some point but the timing of the purchase shows that refiners need supply now because even with the increase in supplies this week, oil supply are below the average range for this time of year.
(b) whether adequate supplies and reserves of natural gas, crude oil and refined fuels will be available for Alberta's present and future needs, and
If you did that, I guarantee you that you would not see a 22 % difference between Canadian natural bitumen and Venezuelan extra heavy oil, and you'd be adding a strong incentive to reduce emissions for 434 billion barrels of recoverable reserves of extra heavy oil.
We believe the company has an excellent track record of discovering and developing profitable oil and gas reserves, and management has a reputation for being best - in - class operators.
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.
For the time being, much of the analysis on the financial losses focuses on the plunge in oil and coal prices, and the potential that a huge portion of the global reserves of oil, gas, and coal will be «stranded» in the ground to curb climate change.
Every nation had to keep dollars in reserve to pay for oil.
Using reasonable estimates for the value of the company's oil and gas reserves, WPX appears to be even more undervalued.
I'm waiting for Kenney's $ 11 trillion in oil reserves number to be blasted all over the internet.
Heat vegetable oil in saucepan, over medium heat, for 30 seconds, then add onion mixture and 1.5 teaspoons salt (reserve 1/2 teaspoon salt for later).
Drizzle with 2 teaspoons extra virgin olive oil (reserve 2 teaspoons oil for later).
The reason for such stagnant market performance comes down to the cost of both discovering new oil reserves and getting it out of the ground.
Shell's quest for new reserves has seen it pump billions into money - devouring plays such as its Athabasca Oil Sands Project in northern Alberta and the Kashagan oilfield, a deeply troubled project in Kazakhstan.
One interesting aspect about Bashneft: The reserve replacement ratio, which shows if an oil company is discovering more new oil than it takes out of the ground, is around 800 - 900 % for Bashneft.
The oil she may have been reserving for her own burial, or the burial of a loved one, has been poured out generously, without thought of the future.
Can you truly see him trying to explain to a pentagon briefing room that the best precautionary measures for the defense of their strategic oil and gold reserves is whatever Jesus would do?
Trump has also been mocked for suggesting that we should have stolen Iraq's oil and his recent flip - flop (when it was pointed out that stealing Iraq's oil would require a major commitment of ground troops) that we should destroy Iraq's oil reserves.
For example, contrast the # of oil / mineral companies employing «flood geology» as opposed to mainstream geology to locate reserves.
And when the u.s. dollar is removed as the reserve currency for world oil purchases you had better hope that the poor will inherit the earth because all most people will have left is hope.
Garnish the reserved 1/4 of apple — cut in small cubes pumpkin seeds — optionally soaked and dehydrated for extra crunch drizzle of chili olive oil (optional)-- olive oil mixed with chili powder fresh mint or cilantro leaves
2 lbs yukon gold potatoes, cut into 1 inch chunks Olive oil for drizzling 2 fennel bulbs (reserve the fronds)(those are the frilly green leaves) 1 large onion, peeled and cut into 1/2 inch slices 1 teaspoon salt, divided Fresh black pepper 2 cups warm vegetable broth 2 cups unsweetened warm soy or almond milk
1 dozen eggs, hard boiled and cooled in ice water 1 cup mayonnaise 2 teaspoons truffles in oil salt and pepper 1/2 cup chopped fresh chives (reserve a bit for garnish)
• 1 1/2 pounds very thinly sliced beef sirloin (I get mine from Trader Joe's), or ribeye • Salt • Cracked black pepper • 1/4 teaspoon onion powder • 4 tablespoons all - purpose flour, divided use • Olive oil • 2 onions, quartered and thinly sliced • 10 ounces white mushrooms, sliced • 1/2 teaspoon dried thyme • 2 cloves garlic, pressed through garlic press • 4 cups beef stock, hot • 4 sourdough bread bowls, centers hollowed out and reserved for dipping • 4 slices provolone cheese
MAKES 4 - 6 tacos INGREDIENTS for the tangy cashew cream: 1/2 cup of cashews, soaked for a min of 2 hours 1/4 cup of water 1 tablespoon of white wine vinegar 3 green onions, white parts only (green parts reserve for garnish) 1/2 teaspoon of kosher salt 1 head of broccoli, chopped into florets 1/2 cup of garbanzo bean flour 1/2 cup of water 1 teaspoon of garlic powder 1/2 teaspoon of kosher salt 1 teaspoon + of TABASCO chipotle, original red, or reserve about 1/3 cup of sunflower oil (or another neutral high - heat oil) for the tacos: 4 - 6 tortillas OR 8 - 12 bibb lettuce leaves 1 avocado, sliced some thinly sliced red chilies (optional) a few dashes of TABASCO (of your choice, optional) a handful of cilantro, chopped the green part of the green onion, reserved from the cashew cream METHOD Make the cashew cream:
Using a silicone pastry brush, brush herb infused olive oil on both sides of lobster tail, reserving half for grilling.
In a small bowl mix the olive oil with the juice of 2 of the meyer lemons or 3 of the regular lemons, reserving one lemon to juice for the lemon rice.
Drain the oil into a bowl (reserve it for now!).
Pour half of the vinaigrette plus an extra tablespoon of oil over the beets and reserve the other half of the dressing for later.
Saute your onions for about 5 minutes over medium - high heat using 1 tablespoon of olive oil or reserved bacon drippings.
Remove goose from oven, spoon or pour off drippings and reserve for future use (I was shocked at how much oil came off the goose — see pic above).
2 cans of full fat coconut milk (like these) 2 tablespoon tapioca or arrowroot starch 2 tablespoons coconut oil 8 tablespoons raw honey, divided (or maple syrup for a vegan option) 1 teaspoon vanilla extract or vanilla bean paste 4 - 6 drops of liquid stevia, if extra sweetness is desired 8 - 10 fresh figs (reserve a few for serving if desired)
Another idea is to reserve any extra sauce and add some more olive oil or avocado oil to use for a salad dressing.
Toss cauliflower again, drain off any excess liquid (reserve for another use if desired), spread cauliflower and onion in an oiled roasting pan, and roast for about 20 minutes or until tender and beginning to caramelize, stirring once or twice during roasting process.
Grease a 23 cm (9 inch or a bit longer) long loaf pan with olive oil and spoon the 2/3 of the glaze into the loaf pan and spread evenly (reserve the rest for serving).
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