Petroleum Company of Trinidad and Tobago Limited (Appellant) v Ryan and another (Respondents)(Trinidad and Tobago)[2017] UKPC 30 Junior counsel representing the company on appeal to the Privy Council to set aside the Court of Appeal's decision to reverse the trial judge's dismissal of a claim concerning the escape of hydrocarbon fumes
from an oil well causing medical complaints.
So this system works really well and it gets that dirty fuel
from the oil well, on to the tanker to the refinery, to your neighbor and into your car, and it's a system; and what that system allows is for ordinary people to do pretty extraordinary things; to get personal mobility at what for many years, was a very cheap price.
A gas flare burns an oil worker monitors a water tank while loading saltwater
from an oil well storage tank near Sidney, Montana.
«The Senate further notes that NPDC has been lifting
from their oil wells OML 65, OML 111, OML 119 to the tune of $ 1.8 billion out of which only $ 100 million has been remitted.
The extra methane may be leakage from landfills, sewage treatment plants or natural gas pipelines, or it could be natural seepage
from oil wells, the team suggest.
Innovated Water plans to use Elixir to treat the brine water discharge
from oil wells — either for reuse or to be returned safely to the environment.
Natural gas
from oil wells is one of the cheapest and cleanest fossil fuels today, used widely to heat homes as well as in manufacturing and to produce electricity.
For example, there are web based ways to invest in fractional interests in everything
from oil wells, to coffee farms, to hard money lending, real estate and robo advisors.
By basing the levy on emissions rather than carbon all greenhouse gases stand on a common level, sequestration is strongly encouraged as well as such simple things as capturing methane
from oil wells and garbage dumps (that gets built into the cost of disposal).
Not exact matches
In addition to the underperformance
from the energy sector after U.S. military strikes in the Mideast, big
oil stocks like Exxon Mobil and Chevron, which have a longer history than the ETFs, as
well as the price of crude
oil, have also trailed the market.
---------------------------------------------------------- Read more
from Mad Money with Jim Cramer Marathon CEO to Cramer: «Low
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good thing» Cramer Remix: What the election means for your money Cramer: Republican victory adds up in the market ----------------------------------------------------------
Estimates vary widely on just how much methane is leaked
from the vast network of
oil and gas
wells, pipelines and processing plants, but the problem has cast doubt on how much
better natural gas is than coal for the environment.
Fifth - generation president and CEO Hartley Richardson bulked up its Tundra
Oil & Gas subsidiary last year, buying 550
wells in Manitoba
from a retreating American operator, EOG Resources.
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.
The firm uses a patented process to combust 99.99 % of methane
from an
oil or gas
well, landfill or biodigester.
As
well as its decision on upstream
oil and gas, the World Bank Group said on Tuesday that it would, among other things, report the greenhouse gas emissions arising
from investment projects it finances in «key emissions - producing sectors»
from 2018.
Lewenza recommends buying stocks in integrated companies — those that both produce and refine
oil, so that one part of the business is essentially benefiting
from the misfortune of the other — as
well as in
oil transportation, such as pipeline companies.
It invested in developing wind farms, only to pull back
from the sector after deciding wind was a waste because the average wind farm delivered lower margins than the average deepwater
oil well.
«The
good news is that the regional growth is improving for both
oil - importing and
oil - exporting, yet the region is not fully benefiting
from the improvement in the global outlook and this requires countries in the region to pursue the reform agenda,» he said.
The eight top teams will make one pick per round for three rounds, choosing
from a predetermined list of 60 investments, including big Dow Jones industrial companies like 3M and Boeing, the tech heavyweights like Facebook and Amazon, as
well as bitcoin,
oil, and gold.
According to Dan Nathan of RiskReversal.com, selling put options is a
good way to collect a high premium
from investors who are worried
oil prices will fall even further.
Among the industries that are doing
well are the construction and hospitality sectors, along with travel / transportation and logistics / trucking, which both benefit
from low
oil and gasoline prices.
Again, its offshore drilling expertise proved its worth, as the two struck
oil in the only
well to be completed before Russia invaded Ukraine, triggering wide - ranging sanctions
from the U.S. and EU.
The government has chosen a lower - risk option, but Albertans should ask whether this is the
best low - risk option for the government among the many pipeline proposals currently looking to move
oil to tidewater
from the mid-continent.
It is also planning to drill up to three new
oil wells on a new project in Colorado after strong results
from its first
well drilled last year.
The amount of water needed to hydraulically fracture a
well varies greatly, depending on how hard it is to extract
oil and gas
from each geological formation.
It's hard to verify independently the claims of retail traders who say they have made
good money this year, when worries about a slowing Chinese economy and the slumping
oil price have wiped up to $ 8 trillion
from world stock markets in January alone.
On this year's list, robots are going places no human has ever been, «big data» is doing things that weathermen have never been able to master, carbon is being captured
from waste and turned into fuel simultaneously, fiber optic cables are searching for
oil, and future
well blowouts are being averted (maybe).
In Colorado's Weld County, home to Peppler's farm and more than 19,000 active
oil and gas
wells, some officials see selling unneeded portions of their allotments
from the Colorado River as a way to shore up city budgets.
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.
But the reason they're expecting to do
well this year has more to do with their marketing efforts, rather than the recovering economy or other factors like low
oil prices, according to a small business holiday survey
from Constant Contact, an online marketing firm in Waltham, Massachusetts.
The company, which had made its name providing investors with a steady income
from its
oil and gas
wells, cut its dividend in half as capital spending rose and energy prices fell.
They lead production facilities like
oil wells, mines and fisheries, and are responsible for a wide variety of duties,
from ensuring production targets are met to quality control to health and safety.
Malaysia's shares and currency have been hit with a toxic brew of declines in the prices of its commodity exports, especially palm
oil and crude
oil, as
well as what may be the country's worst - ever political scandal, which has spurred protests calling for the removal of the prime minister
from power.
Add to that increasing demand
from China, and the long - term outlook for
oil stocks looks
good.
Having long since grabbed the mantle of national economic powerhouse
from Ontario — that the
oil province accounted for the entirety of Canada's net job creation over the past 12 months being just the latest piece of evidence on that score — Alberta needs to take over Ontario's Big Man leadership role as
well.
As it is currently planned the twin pipeline will carry 525,000 barrels of bitumen a day
from the
oil sands west to a terminal in Kitimat on the B.C. coast, where it could be shipped to Asian refineries, as
well as refined
oil products used to dilute the bitumen flowing east.
From the carefully groomed, designer suit - clad media wealth manager, to the tweed jacket and signet ring of the chap who dealt with the landed gentry, to the
oil wealth manager's keffiyeh, the private wealth managers were carefully selected to make the
best possible connection with their clients.
(In 2011, Cenovus Energy let on that output
from two of its in situ oilsands projects could meet the standard, which mandates that crude
oil imported to the state have lower
wells - to - wheels emissions than the average of all crudes sold in the U.S.) «Yes, I think that's feasible,» says George Hoberg, a political scientist at the University of British Columbia who specializes in environmental conflict.
Venezuela's plunging output comes amid strong demand as
well as concerns that supplies
from the Middle East, by far the world's biggest
oil producing region, could also be disrupted, especially should the United States in May re-impose sanctions against OPEC - member Iran.
The emissions
from natural - gas - fired boilers used to generate steam make the
well site more carbon - intensive than conventional
oil wells.
Thiel's peak -
oil thesis did
well by Clarium until mid-2008, as the price of
oil soared
from about $ 40 a barrel in 2002 to nearly $ 140.
For example, he signed and sent a letter as Oklahoma Attorney General criticizing EPA estimates of emissions
from oil and gas
wells, without disclosing that it had been drafted in its entirety by Devon Energy.
Before their combination, both EQT and Rice operated midstream businesses — which transport
oil and gas
from wells to processing, transportation and shipping facilities — through limited partnerships.
Ominously, today's
oil prices are
well below the 2008/2009 lows, now down more than 75 %
from their highs just 18 months back.
But the real life Bakken is also suffering
from a lack of interest, a development that doesn't bode
well for the
oil - producing region.
Suncor provides a
good, diversified example of the sector — Suncor markets
oil sands products
from a variety of operations, both mining and in situ operations, and sells both diluted bitumen and synthetic products including diesel fuel.
OPEC
oil output rose slightly in October, keeping the global market
well supplied, as additional exports
from Iraq, Angola and Libya offset disruptions in Nigeria and a further decline in Iran to its lowest in two decades, a Reuters survey found on Wednesday.
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.
A similar
wells - to - wheels study released in September by IHS Cambridge Energy Research Associates out of Massachusetts found fuels derived
from oilsands to be just 6 % more carbon intensive than the average of all
oil sources consumed in the U.S.