Not exact matches
Yet with
global growth declining,
oil inventory at record levels, and momentum on the side of increasingly cost - competitive renewable energy technologies, there remains a high possibility the energy
sector will face another existential crisis in the near future.
Selling environmental, health and safety (EHS) software to large
global corporations, Medgate focuses on the
oil and gas, mining, chemical, manufacturing and pharmaceutical
sectors.
The proposal includes the potential for the border tax adjustment, which, if implemented in the
oil sector without exemptions, would raise
oil prices for US consumers relative to
global consumers.
Stronger
global oil prices have not benefited the offshore marine
sector, whose troubles will weigh on Singapore banks report earnings.
In the European market, the
oil sector has a high dividend yield of about 6 percent — the highest there is — which adds up to real value, says Nick Nelson, head of
global and European equity strategy at UBS.
Long - term interest rates are currently low due to low
global inflation expectations and moderate growth potential in Canada due to lower
oil prices, a heavily indebted household
sector and a weakened manufacturing base due to relatively high unit labour costs.
«There is a considerable negative impact on
global growth from the energy
sector due to the sharp decline in investments, mainly in the
oil and gas
sector as well as lower output values.»
The
sector actually hit a low point around mid-February, based on concerns for lower
global growth as well as crude
oil's slide below $ 30 a barrel, but has rallied significantly over the past month.
Mueller - Glissmann and colleagues forecast that «balance» would return to
global oil markets by 2016 and they upgraded their 12 - month view of the commodity
sector to «overweight» from «neutral».
As the
global economy appears to be steadying, we explore areas of opportunities in international markets as well as cyclical
sectors such as technology and integrated
oil companies.
The energy
sector has been out of favor for so long now that the lack of investment combined with OPEC production cuts are pushing down
global oil inventories while world economies continue to grow.
Strong demand for crude
oil and the entire energy
sector continues to push prices higher as I still think we will trade above the $ 70 level in the weeks ahead as
global supplies have dwindled over the last year due to the fact that worldwide economies are improving which is a terrific thing to see in my opinion.
Even if China's debt and real estate bubbles don't pop, resulting in a
global recession, slowing economic growth from China could have a detrimental effect on long - term energy prices and result in prolonged weakness in the entire energy
sector, including
oil services suppliers such as U.S. Silica.
The energy
sector dominated headlines in 2015 as
oil capped its biggest two - year loss ever amid a widening supply glut and intensifying fight for
global market share.
As we assess the energy
sector outlook, we first recognize that
global oil demand in 2015 was the highest in five years, 2 suggesting that the recent price collapse is mostly a supply issue.
Increased demand from consumers such as Saudi Arabia and Russia, buoyed by strong
oil prices, coupled with exports to traditional trading partners such as Japan, is benefiting the Australian dairy
sector, which has a 17 per cent share of
global cheese exports.
It was established in 2004 by a group comprising of stakeholders in seven
sectors of
global supply chain business as a result of a worldwide call for sustainably produced palm
oil.
Blessed with abundant land and water resources, exploring the agricultural
sector will go a long way in boosting Nigeria's economy in the face of
global oil crisis.
Global campaigns such as the Extractive Industries Transparency Initiative (EITI) to bring more transparency to the
oil and gas
sectors in an effort to alleviate the resource curse have yet to live up to their promises, a new study finds.
What makes
oil and natural gas stocks so appealing for long - term investors is that no other
sector is situated so well to profit from
global growth in the future.
The bank expects the federal investments of about $ 25 billion over the next two years to more than offset the negative consequences of a slightly stronger dollar, weaker - than - expected
global growth and shrinking investment in the
oil sector.
Yet with
global growth declining,
oil inventory at record levels, and momentum on the side of increasingly cost - competitive renewable energy technologies, there remains a high possibility the energy
sector will face another existential crisis in the near future.
The report extolls the value of the
oil and gas
sector to the Canadian economy, and adds that many environmentalists «claim» that climate change is the most serious
global environmental threat, and «claim» it is a direct consequence of human activity and is «reportedly» linked to the use of fossil fuels.
This represents, for all plastics (not just packaging), about 6 % of
global oil consumption, which is equivalent to the
oil consumption of the
global aviation
sector.
If the current strong growth of plastics usage continues as expected, the plastics
sector will account for 20 % of total
oil consumption and 15 % of the
global annual carbon budget by 2050.
-- Twenty - four leading
global producers of palm
oil as well as commodities traders committed to contribute to the goal of zero net deforestation by 2020 and to work with Governments, private
sector partners and indigenous peoples to ensure a sustainable supply chain.
My sense is that they take green tech seriously as a
global business
sector and a way, internally, to limit coal and
oil demand and dependence, but I don't perceive the Chinese taking low carbon seriously as an internal policy goal (if that means a carbon intensity trajectory more than a nudge below what will happen anyway for other reasons).
Powerful impetus from other
sectors is enough to keep
oil demand on a rising trajectory to 105 mb / d by 2040:
oil use to produce petrochemicals is the largest source of growth, closely followed by rising consumption for trucks (fuel - efficiency policies cover 80 % of
global car sales today, but only 50 % of
global truck sales), for aviation and for shipping.
The
oil price collapse, which follows a drop in
global coal prices, shows that the
global fossil fuel
sector is presently one of the world's riskiest asset classes.
Significant investments will be needed in the upstream
sector to meet
global demand for
oil and natural gas.
Energy giant AGL announced it will close down its coal - fired power stations in 2050 (still too slow but a strong first step from the
sector), Shell is stopping drilling for
oil in the Artic, and Australia's major banks are also making overarching commitments to limit
global warming to 2 ℃.
This report provides a snapshot of the potentially unneeded capex spend for 69
global oil and gas companies — highlighting for the rst time, the wide - ranging degree of exposure amongst companies in the
sector.
Proceedings: Friday 4 May Opening remarks Welcome by Mr, Sefa Sadık AYTEKIN, Deputy Undersecretary, Ministry of Energy and Natural Resources, Turkey Keynote address by H.E. Thamir GHADHBAN, Chairman of the Prime Minister's Advisory Commission, Iraq Workplan of WEO - 2012 Iraq Energy Outlook by Dr. Fatih BIROL, Chief Economist, IEA Session 1: Energy in Iraq — fuelling Iraq's reconstruction and development Chair: Mr. Simon STOLP, World Bank Introductory interventions: H.E. Martin KOBLER, Special Representative of the United Nations Secretary General for Iraq Dr. Usama KARIM, Advisor to the Deputy Prime Minister for Energy, Iraq Dr. Kamal AL - BASRI, Chairman of the Iraq Institute for Economic Reform Open discussion Session 2: Iraq's electricity
sector — short term needs and long - term interests Chair: Mr. Hamish MCNINCH, International Expert Introductory interventions: Dr. Majeed ABDUL - HUSSAIN, Parsons Brinckerhoff Dr. Abdul Qader AHMED, Mass
Global Open discussion Special address: Mr. Tariq SHAFIQ, Managing Director, Petrolog & Associates Session 3: Iraq's oil and gas supply — managing the development of a huge resource Chair: Mr. Tariq SHAFIQ, Managing Director, Petrolog & Associates Dr. Ali AL - MASHAT, Advisor, Prime Minister's Advisory Commission, Iraq Ms. Ruba HUSARI, Managing Director, Iraq Insight Open discussion Session 4: Iraq and international markets — impacts on regional and global balances Chair: H.E. Thamir GHADHBAN, Chairman of the Prime Minister's Advisory Commission, Iraq Introductory interventions: Dr. Mussab AL - DUJAYLI, former Director General, State Oil Marketing Organisation Mr. Jonathan ELKIND, Principal Deputy Assistant Secretary, Department of Energy of the United States Ms. Coby VAN DER LINDE, Director of the Energy Programme, Clingendael Institute, the Netherlands Open discussion Session 5: Summary and conclusions Co-Chairs: H.E. Fareed Yasseen, Ambassador of Iraq to France and H.E. Nick Bridge, Ambassador of the United Kingdom to the OECD Tour de table with recommendations for key topics and areas of study for consideration in the WEO - 2012 Concluding remarks by Dr. Fatih BIROL, Chief Economis
Global Open discussion Special address: Mr. Tariq SHAFIQ, Managing Director, Petrolog & Associates Session 3: Iraq's
oil and gas supply — managing the development of a huge resource Chair: Mr. Tariq SHAFIQ, Managing Director, Petrolog & Associates Dr. Ali AL - MASHAT, Advisor, Prime Minister's Advisory Commission, Iraq Ms. Ruba HUSARI, Managing Director, Iraq Insight Open discussion Session 4: Iraq and international markets — impacts on regional and global balances Chair: H.E. Thamir GHADHBAN, Chairman of the Prime Minister's Advisory Commission, Iraq Introductory interventions: Dr. Mussab AL - DUJAYLI, former Director General, State Oil Marketing Organisation Mr. Jonathan ELKIND, Principal Deputy Assistant Secretary, Department of Energy of the United States Ms. Coby VAN DER LINDE, Director of the Energy Programme, Clingendael Institute, the Netherlands Open discussion Session 5: Summary and conclusions Co-Chairs: H.E. Fareed Yasseen, Ambassador of Iraq to France and H.E. Nick Bridge, Ambassador of the United Kingdom to the OECD Tour de table with recommendations for key topics and areas of study for consideration in the WEO - 2012 Concluding remarks by Dr. Fatih BIROL, Chief Economist,
oil and gas supply — managing the development of a huge resource Chair: Mr. Tariq SHAFIQ, Managing Director, Petrolog & Associates Dr. Ali AL - MASHAT, Advisor, Prime Minister's Advisory Commission, Iraq Ms. Ruba HUSARI, Managing Director, Iraq Insight Open discussion Session 4: Iraq and international markets — impacts on regional and
global balances Chair: H.E. Thamir GHADHBAN, Chairman of the Prime Minister's Advisory Commission, Iraq Introductory interventions: Dr. Mussab AL - DUJAYLI, former Director General, State Oil Marketing Organisation Mr. Jonathan ELKIND, Principal Deputy Assistant Secretary, Department of Energy of the United States Ms. Coby VAN DER LINDE, Director of the Energy Programme, Clingendael Institute, the Netherlands Open discussion Session 5: Summary and conclusions Co-Chairs: H.E. Fareed Yasseen, Ambassador of Iraq to France and H.E. Nick Bridge, Ambassador of the United Kingdom to the OECD Tour de table with recommendations for key topics and areas of study for consideration in the WEO - 2012 Concluding remarks by Dr. Fatih BIROL, Chief Economis
global balances Chair: H.E. Thamir GHADHBAN, Chairman of the Prime Minister's Advisory Commission, Iraq Introductory interventions: Dr. Mussab AL - DUJAYLI, former Director General, State
Oil Marketing Organisation Mr. Jonathan ELKIND, Principal Deputy Assistant Secretary, Department of Energy of the United States Ms. Coby VAN DER LINDE, Director of the Energy Programme, Clingendael Institute, the Netherlands Open discussion Session 5: Summary and conclusions Co-Chairs: H.E. Fareed Yasseen, Ambassador of Iraq to France and H.E. Nick Bridge, Ambassador of the United Kingdom to the OECD Tour de table with recommendations for key topics and areas of study for consideration in the WEO - 2012 Concluding remarks by Dr. Fatih BIROL, Chief Economist,
Oil Marketing Organisation Mr. Jonathan ELKIND, Principal Deputy Assistant Secretary, Department of Energy of the United States Ms. Coby VAN DER LINDE, Director of the Energy Programme, Clingendael Institute, the Netherlands Open discussion Session 5: Summary and conclusions Co-Chairs: H.E. Fareed Yasseen, Ambassador of Iraq to France and H.E. Nick Bridge, Ambassador of the United Kingdom to the OECD Tour de table with recommendations for key topics and areas of study for consideration in the WEO - 2012 Concluding remarks by Dr. Fatih BIROL, Chief Economist, IEA
The most recent draft seen by
Global Witness, from 10 January, now provides for obligatory tenders for the granting of almost all future
oil rights — a measure that, if implemented transparently, could allow Congo to benefit more from the
sector.
A quarter of
global refining capacity could become unviable and be forced to close by 2035 as a swelling tide of climate regulations and rapid advances in clean technologies cut
oil demand, finds a report launched today by Carbon Tracker highlighting
sector risks for investors.
Global energy investment fell for a second year in 2016 as
oil and gas spending continues to drop IEA's annual investment benchmark shows spending on electricity
sector for the first time exceeded combined spending on fossil fuels 11 July 2017
Spurred by the recent murder of Guatemalan environmental and human rights defender Rigoberto Lima Choc, a coalition of twelve
global human rights and environmental organizations yesterday alerted the world's biggest palm
oil traders of the gross violations of human rights occurring in the palm
oil sector in Mesoamerica.
Following on from Carbon Tracker's Unburnable Carbon 2013
global analysis, we release this report in collaboration with The Climate Institute assessing the risks facing the Australian coal,
oil and gas
sectors.
Dr Sarah Wykes, a British national and senior campaigner at
Global Witness, was arrested in Angola on 18th February 2007 while visiting the country to assess the transparency of its
oil sector.
One of the most influential groups in attacking the science, economics and diplomatic foundations underlying the climate crisis is: The
Global Climate Coalition — the main lobbying arm of the
oil, automotive and heavy manufacturing
sectors in the arena of climate change.
Canada must slash
oil and gas emissions to meet 2020 target: report WASHINGTON, April 2 (Reuters Point Carbon)-- Canada should reduce the emissions it projects for its lucrative
oil and gas
sector 42 percent by 2020 in order to meet its
global pledge to slash its emissions 17 percent below 2005 levels, a think tank said on Tuesday... http://www.pointcarbon.com/news/1.2257967?&ref=searchlist
Just as diversity through electricity was the key to America's industrial
sector being able to increase productivity without increasing
oil consumption, so too is it one of two keys (the other being diversity through biofuel) to fueling the growing number of vehicles expected on
global highways without adding to the strain on
global oil supplies and without everyone choking on their own exhaust.
Yet the growth in
oil demand from trucks has outpaced all other
sectors — including passenger cars, aviation, industry and petrochemical feedstocks — since 2000 and contributed 40 % to
global oil demand growth, a similar contribution as cars.
Global Warming Will Erase Economic Gains It is true that Indonesia is the world's largest producer of palm
oil (with Malaysia a close second...) and that it has been a growing
sector of the economy.
This could certainly be a growth
sector if
oil becomes more expensive and low - carbon technologies are given a push because of concerns about
global warming.
Advising on a
global settlement relating to a number of joint projects in the energy
sector with a major European
oil and gas industry contractor.
Our
global oil & gas practice has a long resume of multibillion - dollar transactions, often involving multinational investment, first - in - country or
sector undertakings, or novel structures.
Clifford Chance, for instance, handled a number of
global medium - term note programme instructions, and Stephenson Harwood acted in high - profile commercial disputes and arbitrations arising from Nigeria's
oil and gas, maritime and banking
sectors.
Brodsky is co-managing partner of Bakers» Johannesburg office and has advised on a broad range of
global projects in the power, renewable energy,
oil and gas and transport
sectors.
It's longstanding customer base ranges from large
global multinationals to smaller industrial conglomerates, in the power,
oil and gas, and industrial
sectors.