Sentences with phrase «for upstream oil»

WASHINGTON, D.C. — At the One Planet Summit in Paris today, the World Bank announced that it will end financing for upstream oil and gas after 2019.

At the One Planet Summit in Paris today, the World Bank announced that it will end financing for upstream oil and gas after 2019.

«the later the transition to 2 °C is deferred, the more difficult and disruptive it promises to be for the upstream oil industry».

On May 20, 2015, nine days BEFORE the government was inaugurated, I laid out «Policy Prescriptions» - diversification of production, government revenue, and exports; imperative of a strong and credible economic team and cabinet; targeting «opportunity sectors» (solid minerals, refining and petrochemicals, a new and realistic fiscal regime for upstream oil and gas, private sector investments in power and infrastructure, agro-processing, retail and construction); freeing «up resources from downstream petroleum sector deregulation» emphasizing «an economic reality in which hard decisions including some previously rebuffed by the opposition will have to be taken» a clear reference to the petrol subsidy which government waited a full year before countenancing the critical decision!

Wellsite, a professional network and collaboration platform for the upstream oil and gas industry, today announced a major blockchain initiative for its flagship platform, Wellsite.com, with the launch of a token sale for its cryptocurrency designed for the oilfield services market, Crudecoin.

Not exact matches

Earnings from Exxon's upstream segment, which explores for and produces oil and natural gas, rose $ 9 billion from a year earlier.

Major energy companies are called «Big Oil» for a reason, as the vast majority of their profits comes from the upstream divisions, which explore and produce oOil» for a reason, as the vast majority of their profits comes from the upstream divisions, which explore and produce oiloil.

RECOGNISING the need for a Darwin - based multifaceted oil and gas service organisation, Upstream Petroleum have situated themselves as the first and only oil and gas consultancy currently in the Northern Territory.

Seven Lakes Technologies is a vertically focused analytics & technology solutions firm offering products and services for the Upstream (E&P) Oil and Gas sector.

Seven Lakes Technologies is a vertically focused analytics & technology solutions firm offering products and services for the Upstream (E&P) Oil and Gas sector; focused on improving business drivers and enhancing execution of customer business strategies.

However, clear price trends in respect of crude oil, natural gas, products like gasoline & diesel augur well for both upstream & downstream companies.

In July 2017, the Canadian Association of Petroleum Producers (CAPP) published A competitive policy and regulatory framework for Alberta's upstream oil and natural gas industry.

Probably the most discussed aspect of the NGP Report (see this excellent discussion on CBC's The 180 beginning at around the seven minute mark) is the JRP's treatment (or lack thereof) of «upstream» greenhouse gas emissions (GHGs), and specifically the apparent asymmetry between the JRP's decision to consider the need to open markets for projected increases in oil production — the vast majority of which would uncontrovertibly be from the oil sands — but not the GHGs associated with this projected growth.

Contamination from upstream tar sands / oil sands development is causing higher levels of cancer and other serious disease for members of the Athabasca Chipewyan and...

Earnings in the oil giant's upstream segment, which explores for and produces oil and natural gas, improved slightly to $ 489 million.

Capital spending is rebounding, new upstream projects launch weekly and several major integrated oil companies (IOCs) have posted consecutive quarters of profitability for the first time since 2014.

Since the three main Westminster political parties all endorse the conclusions of Sir Ian Wood's recent review on how to maximise the economic recovery of oil and gas from the UK Continental Shelf (Search for UKCS Maximising Recovery Review Final Report, here), and its tacit underlying fiscal premises (namely that there is a need for a simplified fiscal regime to incentivise investment and drilling activity, as well as to ease the burden upon the new regulator of the upstream sector), it does not take the gift of prophecy to appreciate that the ultimate outcome of this subsequent review on the shape of the UK fiscal regime seems foreordained; namely, a return to the situation that prevailed before the introduction of SC, whereby the only levy on income from oil and gas fields is to be Corporation Income Tax at the standard rate levied on the likes of Starbucks and Amazon.

In my opinion, an opportunity for substantive policy reforms may have been lost - we refused to deregulate the downstream oil sector; we have not made new investments in our upstream more attractive to investors; we have not made any privatisations since 2015; NNPC remains opaque and indeed is now worse with evidently poor governance and low transparency!

Which isn't an oil major — for decades now, they've been exiting the sector (to re-focus on their upstream activities).

Third, there were some asset purchases and rationalizing of assets between the portfolio companies during the past 4 months; Several oil / gas well drilling companies / assets were acquired by different affiliates within the portfolio, then the companies / assets were consolidated under Steel Excel (the shell of the old ADAPTEC), presumably upstreaming some cash from Steel Excel to the holding company for further investments.

Pouring millions of gallons of oil and dispersants into an area already greatly stressed by upstream pollution, atmospheric fall - out, fifty years of industrial activity (44,000 wells, 33,000 miles of pipelines), shoreline trauma, and ecosystem damage by decades of large - scale fishing is a recipe for short and long - term disaster.

Some outlets have incorrectly reported that the World Bank Group will eliminate only their finance for fossil fuel exploration, but it's even bigger than that: the World Bank described it as a commitment to end «upstream oil and gas finance,» which means they're planning to phase out all of their extraction - related finance.

Significant investments will be needed in the upstream sector to meet global demand for oil and natural gas.

Mexico, the fifth - largest methane emitter in the world in 2015, published regulations in 2016 for methane emissions in its upstream oil and gas operations, and addressed methane in recently published guidelines for unconventional oil and gas development.

In an orderly transition, with governments pursuing «unambiguous policies», «there is no reason to assume widespread stranding of upstream assets for oil».

While gasoline and diesel from conventional oil are estimated to produce 5.6 and 4.4 gCeq / MJ respectively on the upstream side, estimates for fuels from oils sands / heavy oil range from 9.3 to 15.8 gCeq / MJ.

In partnership with the UN Principles for Responsible Investment (PRI) and 5 pension funds, Carbon Tracker's «2 Degrees of Separation» report found that across the oil and gas industry $ 2.3 trillion of upstream projects are inconsistent with limiting global climate change to 2C — a finding subsequently echoed by the IEA.

Beyond a few thousand jobs during construction, new pipelines such as Trans Mountain probably wouldn't do much for new jobs (or new payroll taxes) either, since they would not spur significant new upstream investment at current crude oil prices.

With new urgency, the groups are calling for the Obama administration to act before it leaves office to withdraw permits needed for construction of the 1,172 - mile Bakken oil conduit, which would cross the Missouri River a half - mile upstream from the tribe's reservation.

But building any of these pipelines ignores the fact that upstream oil and gas emissions under Alberta's plan, given NEB projections, will account for more than three quarters (76 %) of Canada's emissions by 2040 and 100 % by 2050 — if emissions reduction targets are to be met.

Our model accounts for global warming pollution generated both upstream — ie, during oil extraction, refining, and transportation — and downstream, when it's combusted in the vehicle's engine.

Generally speaking, upstream emissions are small relative to consumption emissions, but, in the case of the oil sands, emissions associated with the production of the bitumen are much higher than for conventional oils.

Many of these damages vary with the location of air - emission releases, so it is important to account for the existing and potential future locations of vehicle tailpipes, power plants, oil refineries, vehicle and battery production facilities, and upstream supply chain entities, such as mines for raw material extraction.

Through field - by - field analysis of production trends at 800 of the world's largest oilfields, an assessment of the potential for finding and developing new reserves and a bottom - up analysis of upstream costs and investment, WEO - 2008 takes a hard look at future global oil and gas supply.

His remarks covered the need for investment in upstream oil to meet rising demand and offset decline in mature fields, how competitive prices are vital for growth in gas markets, the rapid growth in solar and wind, and prospects for reaching universal access to electricity, including India's significant achievements over recent years in this respect.

Just last week, for example, our Upstream Research Company announced that it is licensing ExxonMobil's patented steam injection system and production method, which allows producers to recover more oil from Canada's oil sands with carbon dioxide emissions reduced by up to 10 percent per barrel.

Hence, it is crucial for Slovakia to diversify its oil and gas supplies and to ensure market and operator transparency, in particular upstream.

Only 50 % Reduction in Upstream Emissions Possible According to the report Carbon Capture and Storage in the Alberta Tar Sands, CCS «has limited potential to reduce upstream emissions to levels comparable with the average for conventional oil,» with «even the most optimistic estimates from industry experts» showing reductions in the 10 - 30 % range in the medium term and up to 50 % in the loUpstream Emissions Possible According to the report Carbon Capture and Storage in the Alberta Tar Sands, CCS «has limited potential to reduce upstream emissions to levels comparable with the average for conventional oil,» with «even the most optimistic estimates from industry experts» showing reductions in the 10 - 30 % range in the medium term and up to 50 % in the loupstream emissions to levels comparable with the average for conventional oil,» with «even the most optimistic estimates from industry experts» showing reductions in the 10 - 30 % range in the medium term and up to 50 % in the long term.

Jayson has particular experience in the upstream oil and gas sector having acted for exploration and production companies and service companies for many years and been seconded to a significant Nigerian oil and gas company.

Named the U.S. News & World Report - Best Lawyers» 2015 Law Firm of the Year for Energy, our team serves the electric power sector (conventional, nuclear, renewable, including wind and solar, and transmission), the oil and gas sector (upstream, midstream, and liquefied natural gas, refining, and petrochemicals), the water industry, and financial institutions, investment funds, project developers, state - owned enterprises, and public - private partnerships in the energy sector.

Even though my background is in science, Grant created a great technical resume for me that helped me land a new position in the upstream oil & gas -LSB-...]

This masks a healthy conventional oil and gas sector that has demands for offshore and onshore upstream workers, such as geoscientists and reservoir engineers, as well as downstream sales and marketing professionals.

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