Sentences with phrase «gas companies demand»

Most oil and gas companies demand favorable credit terms in their contracts.

Not exact matches

He compared the business of selling computing on demand to that of how utility companies sell gas and electricity.
The company expects coal demand to rise in the coming year, but relatively low natural gas prices will continue to add downward pricing pressure.
And in 2007, with crude prices on the rise, voracious demand for new shares of PetroChina on the Shanghai Stock Exchange caused the Chinese oil and gas company's market value to briefly top $ 1 trillion.
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»).
The opportunity for the Calgary - based company, which produces about 5 % of the gas in North America, is not so much to grow demand of a commodity, but to develop new business lines around these new applications.
Australia is increasing natural gas production by roughly 150 percent over the next four years, as energy companies build half a dozen export terminals to serve dwindling demand.
Similar to some oil and gas companies, many coal miners accumulated major debt loads when prices were high and demand seemed sustainable.
The sponsors withdrew the resolution after the company agreed to report on how much of its oil and gas reserves would become unsellable — or stranded — if a global treaty decreased fossil fuel demand.
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He also accused the company of mismanaging its gas pipeline system to justify keeping Aliso operating, citing three major gas importing pipelines that the company took offline for unplanned maintenance before peak winter demand.
A company with a very long history of dividend raises, that is no doubt feeling a bit of pinch as demand for their oil and gas services are weakening in the near term, DOV still looks attractive at current prices.
However, their long - term contracts and the fact that greater use of frac sand is one way for oil and gas companies to maximize productivity from each well means that demand declines might prove smaller than those of other oil services companies.
Demand for machinery was on the rise, and even though some of the industries that Caterpillar serves are still under pressure, the company said that the construction sector in China and in North American gas compression operations were notable outperformers.
Assuming the deal goes ahead, it would mark Mitsui's first takeover of an Australian company and give it a 50 % stake in the country's biggest onshore conventional gas find in 40 years at a time when local gas demand is soaring.
Guar Gum, commonly used for baking and a thickening agent, witnessed a sudden increase in demand when oil and gas companies started using the material for fracking explorations.
The two companies worked together to design a tankless natural gas - powered water heating system for use in the high - demand environment of a fast service restaurant.
The increase in demand for electricity, reduction in the quantity of water at the Akosombo Dam, irregular gas supply from the West Africa Gas Pipeline Company in Nigeria, irregular maintenance programmes and late procurement of crude oil to power generation plants, have conspired to plunge the country in the current power crisgas supply from the West Africa Gas Pipeline Company in Nigeria, irregular maintenance programmes and late procurement of crude oil to power generation plants, have conspired to plunge the country in the current power crisGas Pipeline Company in Nigeria, irregular maintenance programmes and late procurement of crude oil to power generation plants, have conspired to plunge the country in the current power crisis.
The company, though, cited low demand for additional sources of gas.
Commissioners ultimately expressed worry that the company had overestimated demand growth and did not sufficiently consider the impact of potential increases in natural gas prices on consumers.
Rather, the world's largest oil company maintained that all sources of energy, including fossil fuels, will be necessary to meet the future global demand and that the best path toward managing greenhouse gas emissions is through technology advancement and adoption of energy efficiency programs.
Private companies are planning to build more than 30 other plants, capable of producing as much as 200 million cubic meters of natural gas each year — far exceeding China's current natural gas demand.
As electricity use spikes across the country in the summertime when more people use air conditioning, electric power companies turn to more coal and natural gas power plants to help meet the demand, reducing renewables» share of total U.S. power generation, Comstock said.
The infant solar power companies, however, must gain their foothold by taking business away from the incumbent and politically powerful coal, natural gas and nuclear power providers, at a time when overall growth in U.S. electricity demand is still slowed by an underperforming economy.
The industry has faltered because of declining global demand and low natural gas prices, which have encouraged electric power companies to use gas instead of coal to generate electricity, said Ray Rasker, executive director of Headwaters Economics, an independent research group focusing on the economic implications of land management decisions in the West.
If the price of natural gas recovers to the average levels between 2005 and 2008 ($ 6 - $ 8), and demand for Seahawk's rigs improves correspondingly, we believe the company can easily generate cash flow in the range of $ 175m.
-- Demand for the company's services is dependent on natural gas prices.
There will thus be a greater demand for oil and natural gas from companies like Petrobras Brasileiro.
The onset of the global recession in the fall of 2008 and the resulting decrease in worldwide demand for hydrocarbons caused many oil and natural gas companies to curtail capital spending for exploration and development.
The seasonal trend for vessel utilization can be disrupted by hurricanes, which have the ability to cause severe offshore damage and generate significant demand for our services from oil and natural gas companies to restore shut - in production.
«Our upcoming property will cater to pent - up demand from the corporate sector, which contributes around 90 per cent of hotel demand in Basra due to the high volume of oil and gas and shipping companies based in this booming region of Iraq.»
from Rising Tide Vermont Climate justice activists have blockaded the main entrance to Vermont Gas's headquarters and dropped a massive banner from the roof, demanding the company immediately cancel its plans to build the fracked gas pipeliGas's headquarters and dropped a massive banner from the roof, demanding the company immediately cancel its plans to build the fracked gas pipeligas pipeline.
In May 2010, American Electric Power announced it planned to run 10 small coal - fired power units on a part - time basis starting in June as «the weak economy reduced demand and low natural gas prices have made the use of some coal units less profitable,» according to the company.
With a background in regulated utility issues, Matt has worked directly with electric, water, and natural gas utilities to advance best practices in demand response, demand side management, program design, and alternative rate mechanisms at Comverge, the National Association of Water Companies and the Institute for Electric Efficiency at the Edison Foundation.
Coal companies have lost more than 90 percent of their value since the global coal bubble in 2011, and many companies have declared bankruptcy due to collapsing demand, oversupply on the international market, cheap natural gas prices, and new environmental regulations.
The companies are also anticipating rules to limit emissions that would make oil and natural gas more expensive, potentially reducing demand for the fuels.
I can't speak for oil and gas analysts, but I'd be surprised based on past experience in the industry if the risk of a 10 % or greater drop in global demand for oil or gas in the 2030s would have much of an effect on their price targets for companies — certainly not enough to qualify as a bubble.
Not only will much of their reserves be unusable, but big oil and gas companies face the threat of waning demand as the international community moves toward a more sustainable economy.
In comments we recently submitted, NRDC, other environmental groups, consumer advocates, customers, and electricity generation and supply companies detailed numerous errors in the ISO's assumptions, including its assumptions about future growth in gas and electricity demand, energy efficiency, and renewable energy, which skew the study results toward a grid that appears more susceptible to fuel security risks.
These large organizations are some of the major customers for oil companies, gas and electric utilities, sustaining demand for fossil energy.
The company expects energy demand to grow at an average of about 1 % annually over the next three decades — faster than population but much slower than the global economy — with increasing efficiency and a gradual shift toward lower - emission energy sources: Gas increases faster than oil and by more BTUs in total, while coal grows for a while longer but then shrinks back to current levels.
The first, is a major focus on mapping out the implications of the energy transition involved for key stakeholders, with a focus on coal, oil and gas sectors, on capital expenditure by companies and scenario planning around demand and supply.
Destroying the waste gas is cheap and simple, but it is hard to know exactly how much any one company has earned from doing so, since the market price for carbon credits has varied considerably with demand — from about $ 9 to nearly $ 40 per credit — and they can be sold at a discount through futures contracts.
The scenario which Exxon uses is more generous in terms of future oil and gas demand than some other scenarios, so investors will want to satisfy themselves it is a genuine stress test of the company's business.»
By Brad Plumer, NYTimes, Feb 2, 2018 Exxon Mobil's shareholders — concerned that the company's main businesses, oil and natural gas, may be imperiled — had demanded last year that the company give a more detailed accounting of the consequences of global policies aimed at curbing emissions of earth - warming gases.
The business model for many companies in the oil & gas sector seems to assume that demand will rise steadily for the foreseeable future.
Energy companies are also seeking new liquefied natural gas terminals for export to global markets where they can demand higher prices for LNG — a far more potent contributor to global warming than ordinary natural gas.
The nation's largest privately held coal company is expected to lay off 1,800 workers Friday as waning demand and cheap natural gas prices pummel the U.S. coal industry.
Some of the difference between the oil company scenarios and those from green NGO's and academics is due to fossil fuel lobby assumptions about demand and the role of gas (including shale gas), with CCS also seen as coming on line in a big way.
The winter of 2012 - 13 saw spikes in wholesale electricity prices in New England and New York as demand for natural gas from both electric generators and natural gas distribution companies taxed the capacity to bring natural gas into these markets.
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