Sentences with phrase «from oil producer»

It has imperiled multibillion - dollar deals and could ravage business relationships for years to come, as well as pummel the earnings of countless U.S. businesses, from oil producers to investment banks.

If the marginal barrel of bitumen is sold in BC rather than Cushing, from the oil producers» standpoint the pipelines have done their job.

On January 27th, 2015 Kern County declared a fiscal emergency citing lower tax revenues from oil producers and growing unfunded pension liabilities as the cause.

Not exact matches

Oil prices might have bottomed as output in the United States and other non-OPEC producers is beginning to fall quickly and an increase in supply from Iran has been less than dramatic, the International Energy Agency said on Friday.

Oil prices are also drawing support from declining output in Venezuela, OPEC's biggest producer in Latin America, and Angola, Africa's second - largest exporter.

The president's ire followed a stream of bullish signals from a meeting of oil producers in Saudi Arabia, chiefly from the kingdom's Energy Minister Khalid Al - Falih.

In late August, PetroChina, that country's largest oil producer, announced it seeks to boost its overseas production to half its total output (from about a tenth currently) in less than a decade through acquisitions.

With oil, which is traded internationally, prices collapsed (mainly) because the Saudis have flooded the market with supply in an attempt to retake lost market share from U.S. producers — whom also drilled too many successful wells.

Much of Questor's business these days comes from Colorado, which has North America's most stringent air quality rules for oil and gas producers.

And with supplies from Iraq threatened with disruption — in recent years, Iraq was the only major producer increasing its output faster than the U.S. and Canada — that American oil is only going to get more competitive in the marketplace.

The Anglo - Dutch oil major, whose acquisition of BG Group transformed it into the world's top liquefied natural gas producer, has been under pressure from shareholders to cut annual spending to ensure it can maintain its dividend given the slow recovery in the oil prices.

Already, oil producers worldwide are benefiting from higher prices.

April 30 - Whiting Petroleum Corp reported first - quarter profit that beat Wall Street estimates on Monday as the U.S. oil producer benefited from higher oil prices and production.

To get the oil, producers fracture, or «frack,» the earth below with a high - pressure liquid mixture to untap oil and gas from shale rock.

April 30 - Whiting Petroleum Corp reported first - quarter profit on Monday compared with a year - ago loss as the U.S. oil producer benefited from higher oil prices and lower costs.

April 30 (Reuters)- Whiting Petroleum Corp reported first - quarter profit that beat Wall Street estimates on Monday as the U.S. oil producer benefited from higher oil prices and production.

April 30 (Reuters)- Whiting Petroleum Corp reported first - quarter profit on Monday compared with a year - ago loss as the U.S. oil producer benefited from higher oil prices and lower costs.

OPEC said Monday it expects demand for oil to grow faster than it originally expected in 2018, but the organization also sees supplies from beyond the producer group surging this year, driven by rising U.S. output.

Suncor Energy Inc., the world's second - largest oil - sands producer, said first - quarter profit fell 23 percent on lower output, higher costs and absence of a gain from insurance settlements a year earlier.

KUWAIT, Jan 17 - Kuwait's oil minister Bakhit al - Rashidi said on Wednesday there is no plan or intention so far to exit from a production - cutting agreement among OPEC and non - OPEC oil producers.

The only options for Canada's oil producers are the Trans Mountain expansion, which will triple the line's existing capacity from 300,000 to 890,000 bpd, taking Alberta to Canada's Pacific Coast and Enbridge's Line 3 expansion to Wisconsin, which will boost the pipeline's capacity and is much more likely to move forward.

The world's largest oil producers are also set to meet on the sidelines of an energy conference in Algeria from Monday through Wednesday.

Speaking at the Sohn Investment Conference in New York, the closely - watched DoubleLine Capital LP chief executive officer recommended a trade of shorting, or betting against, Facebook while betting on gains in an exchange - traded fund that tracks oil and gas explorers and producers who could benefit from rising inflation.

Everyone from medical equipment suppliers to software producers to food services companies — all of these sectors service the oil and gas industry, and many of the largest happen to be based in the U.S.

Domestic exports have not dipped below 1 million barrels a day since late November, as U.S. oil producers fill the void left by reduced capacity from Mexico and Venezuela.

The relentless rise of U.S. shale growth could soon spark another dramatic change of policy from leading oil producers, according to the latest monthly report from the International Energy Agency (IEA).

Even as the oil producers themselves could struggle with weak crude prices, both National Oilwell Varco and US Silica are set to win from the growth in production spending in the near term.

Since plastic is made from petroleum, rock - bottom oil prices mean that it's cheaper for producers to simply make new plastic than use recycled material.

Even with oil prices still down by half from the peak, improvements in well development productivity have enabled US producers to make money at much lower oil prices.

The integrated producers — companies that both produce and refine oil — are trading at 6.4 times cash flow, down from the eight times they were trading at in June.

• NuStar Energy (NYSE: NS) agreed to acquire Navigator Energy Services, a Dallas - based provider of infrastructure services to oil and gas producers, from First Reserve for around $ 1.5 billion.

At the Sohn Investment Conference in New York this week, billionaire investor Jeffrey Gundlach said investors should consider a trade that includes betting on gains in an exchange - traded fund that tracks oil and gas explorers and producers who could benefit from rising inflation.

It doesn't take much tweaking for them to handle bitumen from the oilsands, making it unnecessary for oil producers to build multi-billion-dollar upgraders in Canada.

And unlike with the oil industry, no «fracking» method has been invented yet to extract gold from hard - to - reach areas, though Barrick — the world's largest producer by output — has been experimenting with sensors at its Cortez project in Nevada.What Pierre is talking about, of course, is the idea of «peak gold.»

Among the rules that BLM plans to delay until January 2019 are requirements that oil and gas producers submit plans to cut waste, measure and report gas flared from wells and dispose of gas that reaches the surface during drilling and well completion.

However, that configuration is ill - suited to an era when the fastest - growing crude oil supply is coming from the middle of the bowl, from U.S. oil producers using new extraction techniques and the Canadian oilsands.

The bottlenecks are frustrating for Canadian oil producers because heavy crude is in great demand from U.S. Gulf of Mexico refineries, which are designed to process it, and have faced shortages of Venezuelan and Mexican heavy crude.

Some oil producers are feeling the pressure from customers.

Despite the layoffs and poor performance in its first quarter, Suncor, Canada's largest oil sands producer, continues pumping out crude, outputting 602,400 barrels per day during the first quarter — up 10 % from the same period last year.

Papa, CEO of Centennial Resource Development, is a closely followed figure in the U.S. shale drilling world, where producers rely on advanced techniques to coax oil and gas from tight rock formations.

Scoring a major asset at a time when oil prices had hit major lows has transformed Perth - based junior Kalrez Energy NL from a gold explorer to an oil and gas producer.

This, of course, is no guarantee that U.S. Silica's profits will only go up from here — the company is still heavily tied to the whims of oil and gas producers.

As I wrote in my blog over a year ago, («Oil Price Spread Costing Canadian producers big bucks,» November 10, 2011), oil sands producers have been continually getting short - changed for their oil by refineries in Cushing, Oklahoma, where most of the product from the oil sands floOil Price Spread Costing Canadian producers big bucks,» November 10, 2011), oil sands producers have been continually getting short - changed for their oil by refineries in Cushing, Oklahoma, where most of the product from the oil sands flooil sands producers have been continually getting short - changed for their oil by refineries in Cushing, Oklahoma, where most of the product from the oil sands flooil by refineries in Cushing, Oklahoma, where most of the product from the oil sands flooil sands flows.

Not only are oil producers trying to back out from Alberta Clipper, but Enbridge itself has battled an effort by TransCanada Corp. to build another major pipeline, called Keystone XL, to export crude to the U.S..

We sourced the oilsands direct jobs figure from The Decade Ahead: Labour Market Outlook to 2022 for Canada's Oil and Gas Industry, a 2013 Petroleum Human Resources Council report that was funded in part by the Government of Canada and The Canadian Association of Petroleum Producers.

Beyond the actual gas project and LNG sales, China's state - run shipping conglomerate COSCO has also secured a 50 percent stake in the four LNG shipping carriers serving Yamal.90 Chinese engineers and workers have been deployed to the Yamal Peninsula to help construct surrounding infrastructure, which includes a Chinese - produced polar drilling rig.91 Moreover, a Chinese oil and gas rig producer now provides Russia with about 60 percent of its imported oil rig supplies, indicating that China is becoming a dominant player in this sphere.92 Chinese media recently hailed Yamal as an example of China's construction and engineering prowess and a symbol of its transformation into an Arctic player.93 In return for China stepping into support the project, senior officials from Novatek, the main shareholder of the project, announced that the first LNG shipment would symbolically go to China.94 But a British subsidiary of Malaysia's Petronas purchased the first shipment of Yamal LNG and sold it to France's Engie, which then shipped the cargo to its Boston import facility for American use.95 Western sanctions on Novatek, Russia's largest independent national gas producer and a company with close ties to the Kremlin, made Yamal's pivot to China possible, as sanctions forced Russia to find an alternative source of investment and technology.

We also know in the six months before the election, Christy Clark's staff and ministers met with lobbyists from the Canadian Energy Producers Association, and Kinder Morgan shippers Nexen and Imperial Oil.

While struggling OPEC and non-OPEC oil producers might not be so sanguine about a failure of talks admittedly not many producers or oil analysts were optimistic from the start.

It's why a project that's really about exporting raw bitumen to foreign refineries is instead being sold as a way to reduce the risks to Canada of buying oil from far - flung producers.

Oil - related revenue has dwindled since 2015 as a period of low prices reduced interest from producers and consumers in financial instruments that offer protection against price volatility, said Amrit Shahani, research director at Coalition.