Sentences with phrase «good oil reserves»

They said that «experts» say all the good oil reserves are between three miles and 50 miles from the shore.

Not exact matches

The reason efficiency is declining is due to decline in oil reservoir quality the world over as the best reserves of this finite resource were produced first and more recent production is more energy - intensive using enhanced oil recovery techniques.
We believe the company has an excellent track record of discovering and developing profitable oil and gas reserves, and management has a reputation for being best - in - class operators.
In order to send a message to fossil fuel companies that oil and coal reserves are best left in the ground, the movement encourages investors to sell their shares in these companies.
2012 wasn't their best year although they have vast proven oil reserves in Trinidad and Tobago as well as other interests in Colombia, Texas, Georgia and Puntland (Somalia).
Can you truly see him trying to explain to a pentagon briefing room that the best precautionary measures for the defense of their strategic oil and gold reserves is whatever Jesus would do?
better yet — he's the type of guy to extort money from a congregation that doesn't understand global economics, fiat currency, OPEC, oil production, the supply chain, the exploration of oil reserves or how foreign / state run companies keep supply low to drive up demand which they then use the proceeds to seed their Islamic theocracies which in turn oppress woman and preach anti-American propaganda.
And when the u.s. dollar is removed as the reserve currency for world oil purchases you had better hope that the poor will inherit the earth because all most people will have left is hope.
Whisk 1 tablespoon of olive oil into the reserved pasta cooking water to blend well.
Combine the sweet potato puree, honey -LCB- reserve 2 tablespoons -RCB-, coconut oil, cinnamon, cardamom and vanilla in a large bowl; whisk well.
Once they're done cooking, set some aside in a bowl (drained of oil) for the risotto, and reserve about two tablespoons of the oil as well for toasting up your bread later.
Combine reserved penne and cooked vegetables in a large pot over medium - low heat; add cheese and olive oil and stir well to break down cheese — mixture will be very thick and chunky.
I'm going to have a reserve a couple of mason jars for this stuff - and go buy a gallon of good olive oil!
It's best to serve immediately so put it into a serving bowl and scatter the reserved caramelized onions over the top, along with chopped parsley or cilantro and a fresh drizzle of olive oil if you like.
bottle of beer, divided 1 very large white (or yellow) onion, thickly sliced 4 fresh Serrano peppers (or substitute jalapenos) 2 tablespoons canola or high - oleic safflower oil 4 cloves garlic 1 large stalk celery, diced 2 medium green bell peppers, chopped 1 tablespoon cumin 1/2 teaspoon freshly ground black pepper 1 teaspoon dried oregano leaves, preferably Mexican 1 package chicken - style seitan, well chopped (or substitute regular seitan) 1 4 - ounce can chopped fire - roasted green chiles, preferably Hatch 1 chipotle pepper (from canned chipotles in adobo), minced 2 1/2 cups crushed tomatoes (about 3/4 of a 28 - oz can) 1/2 teaspoon salt 1 1/2 cups reserved bean cooking liquid 1/2 ounce bittersweet chocolate Fat - free sour cream (or vegan sour cream) and chopped red onions, for garnish
Vegetables 4 large red onions 1 medium eggplant 4 large (or 8 medium) Roma tomatoes 1 teaspoon dried thyme 1/2 cup olive or grapeseed oil Pesto 4 cloves garlic 1/2 cup good olive oil 3/4 cup lightly roasted pine nuts, plus one tablespoon for garnish 2 cups basil leaves, reserving four small leaves for garnish * 3/4 cup good - quality green olives, such as Cerignola, pitted 1 scant tablespoon capers Salt to taste
«If you take the Economic Intelligence Unit (EIU)[report], they said 2017 and onward is going to be a period of prosperity for Ghana and that is because of the foundation that we have laid, it's because of the work that we have done, we've eliminated a lot of the deficits that were created by huge subsidies on utility tariffs, we eliminated a lot of the subsidies that created huge deficits on the cost of petroleum products, today as I speak, Tema Oil Refinery (TOR) is running, and producing petroleum products for Ghana, we have enough stock of LPG, our tanks and strategic reserves for petroleum products are all full, and, so, we have ships standing offshore Ghana with petroleum products, but there is no space to offload those products, and, so, we've done a good job in stabilising various sectors of the economy.
The commission is also empowered to advise the Minister on fiscal and other issues pertaining to the petroleum industry, establish framework for the validation and certification of national hydrocarbon reserves, undertake evaluation of national reserves and reservoir management studies as well as conduct regular audits of the activities of operators engaged in petroleum operations and oil service companies in order to ensure compliance with Nigerian laws and requirements for petroleum operations.
Libya, with the largest oil reserves in Africa, was well - positioned to launch a new era unlike its neighbors, Egypt and Tunisia, who had mounting economic and structural challenges to address.
Even the Nigerian government had to postpone its $ 1billion Eurobond which was slated for 2016 to 2017 when a better investment environment had begun to emerge with rising oil prices, larger foreign reserves, a new economic policy document and CBN policy refinements which have significantly increased the supply of foreign currency and narrowed the gap between the various exchange rates.»
The company denies that the objective is simply to save money, and claims that to harvest oil and gas profitably from the North Sea, it must focus on the exploitation of small reserves as the big wells run dry.
The dense green canopy of the rainforest in eastern Peru and Ecuador hides substantial reserves of oil, and over the last 4 decades a web of wells and pipelines has spread through the forest.
Plate tectonics determines the location of oil and gas reservoirs and is the best key we have to understanding why deserts and arctic areas seem to hold the largest hydrocarbon reserves on earth.
That's significantly less than in oil fields open for business in the Gulf of Mexico, coastal Alaska and off the coast of southern California, where there are 10.1 billion barrels of known oil reserves as well as an estimated 85.9 billion more.
In their June letter, Western lawmakers noted that the monument counted 15 active oil wells in 2010 and that «giant fields with billions of barrels of reserves surround the monument.»
The Athabasca pits cover over 54,000 square miles in Alberta with an estimated reserve of 1.75 trillion barrels of oil - good enough for third in the world behind Saudi Arabia (1) and Venezuela (2).
But with traditional petroleum reserves in shallower waters waning and advanced geological surveying techniques pointing to tantalizing reserves below, companies now know the pre-salt oil is too good to ignore.
The region is expected to open up oil reserves of more than 30 billion barrels of oil as well as more than 200 trillion feet of natural gas, said Sen. Lisa Murkowski (R - Alaska).
Furthermore, we are well positioned for the future, as the search for oil and gas reserves moves into deeper waters and more remote locations — calling for ever more novel solutions.
Extracting oil from olives is better reserved for expert growers and producers, but you can immediately enjoy high - quality olive oil in your salads and other no - cook recipes.
Parts of foods that historically were disposed of, used for composting and considered waste or at best reserved for lower quality, utilitarian applications (like lamp oil) have suddenly become «food» through the alchemy of fossil fuel powered extraction and processing.
For the garnishes: Put the reserved beans in the well in the dip and pour in the olive oil.
Linn is an oil and gas company that focuses on the acquisition of properties; it holds reserves in the Anadarko Basin, as well as California and Kansas.
So, P / E ratios are meaningless or, at best, a v rough rule - of - thumb pointer to the reserves life of an oil (or other natural resources) company.
But the rule applies as well to farmland, oil reserves, stocks, and every other financial asset.
Because most MLPs pay out cash flows from depleting oil and gas reserves that need to be replaced with new wells, these companies need continued access to cheap capital just to sustain their dividends.
Re # 10 The USGS was walked up to the wall back in the mid 90's and told in no uncertain terms that if they kept addressing environmental science and failed to sing the oil industry line (on remaining petroleum reserves as well as on the issue of global warming), then they would be dissolved, flushed, kaput — the Congressional funding would be cut off.
It's an ideal way to maintain control over decision - making before nature does it for us in the form of dwindling reserves like peak oil or a permanently degraded environment (neither of which are good for business), or governments institute the tough regulations that are surely coming if business doesn't clean up its act.
After all, when the car that's generating the most buzz among the public burns literally zero oil; when Saudi Arabia says it's got to diversify away from oil; and when the Governor of the Bank of England says many of our known reserves are unburnable, a strategy based on discovering and selling more oil in the future starts to look uncertain at best.
Shareholder action can be an effective tool to make small reforms at a company — such as pressuring Apple to institute better labour practices at the factories it works with in China — but it won't achieve the fundamental changes to the business model of the fossil fuel industry needed: keeping their coal, oil and gas reserves in the ground.
Uncertainties persist about the nature of oil and gas reserves, as well as considerable operational and technical challenges in producing and transporting oil and gas under extreme conditions of pressure, temperature and weather.
But recent lease sales held by the Department of Interior's Bureau of Land Management (BLM)-- auctioning off huge tracts of the reserve to the oil and gas industry — don't bode well for the future of this important habitat.
Publication date: 1992-07-01 First published in: Journal of Petroleum Science and Engineering Authors: B.J. Ayeni, R. Pilat Abstract: The oil industry has used decline curve analysis with limited success in estimating crude oil reserves and in predicting future behavior of oil and gas wells.
I work in the oil industry as a consultant and I help develop oil and gas prospects as well as squeeze the last remaining reserves out of oil and gas wells that are nearing the end of their economical life.
But just four days later, he directly undermined his own message, when his administration issued the final permit allowing Shell Oil to drill in the Arctic, despite the administration's own assessment that the chances of a significant oil spill in the area were 75 % — not to mention that a good deal of existing known oil reserves must be left in the ground to protect against global warmiOil to drill in the Arctic, despite the administration's own assessment that the chances of a significant oil spill in the area were 75 % — not to mention that a good deal of existing known oil reserves must be left in the ground to protect against global warmioil spill in the area were 75 % — not to mention that a good deal of existing known oil reserves must be left in the ground to protect against global warmioil reserves must be left in the ground to protect against global warming.
I wrote before, «Easily available reserves of conventional oil and gas are enough to take atmospheric CO2 well above 400 ppm, which is unsafe for life on earth.»
While vast global coal reserves make this question more neutral with regard to carbon per se, it a more complete socio - politico - economic experiment nonetheless to examine how good we have been at steering the oceanliner of energy policy with regard to foreign oil in the United States, obviously a more simple problem than all fossil fuels together.
As recoverable oil reserves dwindle, there will be increasing pressure to convert coal to liquid fuels as well as exploit unconventional fossil fuels like methane hydrates, tar sands, and oil shale.
Although it's not yet dead, the fund that would pay Ecuador NOT to drill for oil in rainforest reserve has seen good and bad news in 2010.
Admiral (retired) Dennis McGinn said: «A nation that uses more than 20 percent of the oil that is produced globally every single year, that sits on at best estimates 3 percent of the known reserves can not drill its way out Continue reading Dangerous and Myopic →
a b c d e f g h i j k l m n o p q r s t u v w x y z