Sentences with phrase «global oil sector»

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 EconomisGlobal 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 Economisglobal 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.
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