Sentences with phrase «growth of the oil and gas»

A key success to the growth of the oil and gas sector will be consolidation.
Low prices are already slowing the growth of oil and gas production in the US.
Having built our practice on energy companies and advising governments on energy matters, we have been party to the explosive growth of the oil and gas industry in Africa over the last 10 years.
Having built his law practice on energy companies and advising governments on energy matters, this thought leader has contributed to and witnessed the explosive growth of the oil and gas industry in Africa over the last 10 years.
Driven by rapid growth of the oil and gas industry, real financial controls were necessary to maximize profits from 80 % compound growth.

Not exact matches

For somebody who had never been to New Orleans, but moved there initially to teach and then a year later left the classroom to start a company, I've seen firsthand just how much the community has invested in bringing in and retaining young people who really want to contribute to rebranding the city, bringing it from, old oil and gas and just tourism really into the 21st century with lots of high - tech, high - growth businesses.
Also, notwithstanding a silly fiscal policy and the ongoing political impasse, the U.S. economy has some very good things going for it now, as even king of doom, Nouriel Roubini, couldn't help but note: the Fed is going to stick to its asset - buying regime for the foreseeable future, providing a monetary protein shake the recovery still very much needs; the housing rebound is well on its way, which is helping Americans rebuild their wealth and is boosting employment in many states with high jobless rates; and the shale oil and gas revolution continues to power investment, job creation and revenue growth.
Those factors partly help explain why Exxon is now seen by Wall Street as a less - desirable investment than Chevron, which has several large oil and gas projects coming online by the end of the decade, offering far - stronger growth potential than Exxon.
«Shell's strong earnings this quarter were underpinned by higher oil and gas prices, the continued growth and very good performance of our Integrated Gas business, and improved profitability in our Upstream business,» Chief Executive Officer Ben van Beurden said in a statemegas prices, the continued growth and very good performance of our Integrated Gas business, and improved profitability in our Upstream business,» Chief Executive Officer Ben van Beurden said in a statemeGas business, and improved profitability in our Upstream business,» Chief Executive Officer Ben van Beurden said in a statement.
One of the things Pardy likes about the Calgary - based oil and gas company is its upstream growth and potential free cash flow once its Horizon oilsands expansion bears fruit in late 2017.
Miro Advisors has been selected by oil and gas explorer New Standard Energy to manage the farm - out of its Western Australian exploration acreage, continuing four years of rapid growth for the Perth advisory firm, as detailed in this week's edition of Business News.
The firm had taken a bearish view on Exxon due to challenges in its European natural gas operations, «lackluster» growth in oil and gas production, a pricey acquisition in U.S. shale fields and the lack of share buybacks.
The natural gas plants are necessary partly because of expected load growth, partly because of the intermittent nature of solar power and partly because of the planned retirement of around 3,000 megawatts of generation powered by less efficient coal and oil plants, he said.
Failure of prices to recover raises the prospect of even deeper cuts to investment by oil and gas companies next year and would likely result in Canada's economy remaining on a slower growth path than the 2.2 per cent pace we are expecting.»
«The framework announced today will allow the ongoing innovation technology, investment and growth in the oil and gas industry at the same time we are looking to reduce overall carbon emissions,» said Murray Edward of Canadian Natural Resources Ltd..
LONDON, May 1 - BP's profits surged in the first three months of the year to their highest since mid-2014, driven by a recovery in oil and gas prices and rapid growth in production.
Moreover, Moody's said the ranks of the lowest level of junk bond issuers are growing, with an 8 percent quarterly increase and 27 percent growth annually, thanks in large part to weakness in oil and gas companies.
«We are beginning to see some deterioration in the credit quality of oil and gas loans to borrowers that used high volumes of debt to finance their growth over the past several years,» Grant Wilson, director of commercial credit for the Office of the Comptroller of the Currency, a banking regulator, told Bloomberg in an interview.
Enter Ghosh's articulation of Husky's current post-recapitalization story and strategy, presented as focused on three growth pillars: its gas business in Southeast Asia, the jewel of which is the Liwan Gas Project in the South China Sea; a Western Canadian heavy - oil foundation, focused on the oilsands Sunrise Energy Projects; and White Rose offshore oil operations on the Atlantic coagas business in Southeast Asia, the jewel of which is the Liwan Gas Project in the South China Sea; a Western Canadian heavy - oil foundation, focused on the oilsands Sunrise Energy Projects; and White Rose offshore oil operations on the Atlantic coaGas Project in the South China Sea; a Western Canadian heavy - oil foundation, focused on the oilsands Sunrise Energy Projects; and White Rose offshore oil operations on the Atlantic coast.
This item is used to collect the rate of growth of the production of Crude Oil, Gas Liquids and / or Natural Gas.
Despite declining global economic growth and increased natural gas production, Saudi Arabia and other oil - producing nations have managed to maintain the price of crude in the $ 90 - $ 100 range.
«We are beginning to see some deterioration in the credit quality of oil and gas loans to borrowers that used high volumes of debt to finance their growth over the past several years,» Grant Wilson, director of commercial credit for the OCC, said in an interview.
Posted by Nick Falvo under Bank of Canada, banks, budgets, Conservative government, consumers, deficits, economic growth, economic models, economic thought, employment, Europe, exchange rates, federal budget, fiscal policy, household debt, housing, inflation, interest rates, monetary policy, oil and gas, prices, Role of government, social indicators, tar sands, US.
The Permian is the heart of modern oil and gas activity, with well over 300 rigs operating and tremendous growth set to continue.
Probably the most discussed aspect of the NGP Report (see this excellent discussion on CBC's The 180 beginning at around the seven minute mark) is the JRP's treatment (or lack thereof) of «upstream» greenhouse gas emissions (GHGs), and specifically the apparent asymmetry between the JRP's decision to consider the need to open markets for projected increases in oil production — the vast majority of which would uncontrovertibly be from the oil sands — but not the GHGs associated with this projected growth.
And from December 2017 to February 2018, its oil and gas industry accounted for nearly 30 percent of the state's employment growth, according to the Federal Reserve Bank of DallAnd from December 2017 to February 2018, its oil and gas industry accounted for nearly 30 percent of the state's employment growth, according to the Federal Reserve Bank of Dalland gas industry accounted for nearly 30 percent of the state's employment growth, according to the Federal Reserve Bank of Dallas.
The size of Canada's economy was around $ 2 trillion dollars at the end of 2016, and according to the latest GDP numbers released by Statistics Canada, the Canadian economy expanded at 0.6 percent in May 2017 compared to the previous month, largely led by advances in the oil, gas and mining industries, which accounted for around two - thirds of the country's GDP growth.
However, considering long - term growth prospective of XOM in oil & gas arena, I consider it an excellent prospect and found in Warren Buffet's holding via Berkshire Hathaway Inc. (BRK.A / BRA.B)
However, production is expected to improve in the second half of 2017 primarily due to growth from the company's new oil and gas discovery (Alpine High) in the Permian Basin.
Edmonton, June 2, 2016 — Canadian Western Bank (TSX: CWB)(CWB) today announced second quarter financial performance which included strong growth in pre-tax, pre-provision (PTPP) earnings and the significant negative impact of persistent low oil prices on the credit performance of oil and gas production loans.
CWB today announced second quarter financial performance which included strong growth in pre-tax, pre-provision (PTPP) earnings and the significant negative impact of persistent low oil prices on the credit performance of oil and gas production loans.
«Now it's time for the government to unapologetically promote Alberta's emissions reduction successes to date and clearly articulate support for the long - term growth of Alberta's energy industry, including the oil sands, conventional production, natural gas power, cogeneration and renewable energy.»
If Canada wants to benefit from Asia's development and growth, and remain a relevant and important energy partner in Asia, we must «think big» about exporting to multiple countries within the Asia Pacific, and «think beyond» oil and natural gas to include all of Canada's energy related assets, particularly the renewable and clean technologies that will help Asia mitigate its own climate - change challenges.
Many residents of North Dakota are starting to feel the surge of economic growth that is running through the state thanks to a growing oil and gas industry, but they still are having problems paying down their credit card and other debt.
Oil and gas output will rise by 13 percent to 15 percent through the end of 2017, rather than the previously forecasted 20 percent production growth, the company said in a slide presentation.
Shell Oil has more excess profit at its disposal to fund future dividend growth than AT&T does (although AT&T is a non-cyclical stock that can rely upon steady cash flow from which to pay shareholders each year, whereas Royal Dutch Shell is an oil company that experiences low profits for 2 - 3 out of every ten due to the cyclical nature of oil and natural gas priceOil has more excess profit at its disposal to fund future dividend growth than AT&T does (although AT&T is a non-cyclical stock that can rely upon steady cash flow from which to pay shareholders each year, whereas Royal Dutch Shell is an oil company that experiences low profits for 2 - 3 out of every ten due to the cyclical nature of oil and natural gas priceoil company that experiences low profits for 2 - 3 out of every ten due to the cyclical nature of oil and natural gas priceoil and natural gas prices).
These conflicting priorities stem from the fact that Canada has no energy strategy when it comes to oil and gas production beyond liquidating its resources as fast as possible in the name of short - term economic growth.
Even building just one LNG terminal coupled with modest oil sands growth would increase oil and gas emissions from 26 per cent of Canada's total greenhouse gas emissions in 2014 to 45 per cent by 2030.
However, given the company's strong balance sheet, future growth plans, and the strong long - term potential future of America's shale oil and gas production, I remain bullish on frac sand producers in general, and US Silica specifically.
Well, if the decline in energy services is short - lived then not much, as the megatrend of increasing U.S. oil and gas production is likely to provide a strong long - term growth catalyst for the industry.
Natural - gas prices have crashed, the price of oil the companies also transport has declined and the outlook for growth in the pipeline industry has dimmed.
In the case of fracking, we need to consider the ways in which increased oil - and - gas production contributes to economic growth and thereby helps the working class.
In 1995 a bloodless coup in which Sheikh Hamad bin Khalifa deposed his father set the stage for the modernization of the country's oil and gas industries and for stunning economic growth.
«But the oil and gas economies of the world will start to grow again, and when they do, our country will be part of that growth,» Hale insists.
The palm fruit oil we source is not linked to the destruction of old growth rain forests, the release of greenhouse gases, the displacement of native people, or the extinction of orangutans or Sumatran tigers (which only live in Borneo and Sumatra in Indonesia).
The data is unambiguous on current economic conditions - GDP growth in the last quarter of 2015 was a meager 2.11 % with full year growth of 2.79 % according to the National Bureau of Statistics (NBS); inflation rose sharply to 11.4 % in February with prospects of reaching 12 % by March; capital markets have remained bearish; according to UNCTAD Nigeria's FDI fell by 27.7 % to $ 3.4 billion in 2015, and on current trends may fall even more precipitously in 2016; the de facto exchange rate of the Naira for most producers and consumers is now N322 / $ even though CBN maintains a nominal N197 / $ for privileged persons; several economic sectors - construction, government, manufacturing, oil and gas and hotels and restaurants are in recession or barely out of it; government's official foreign reserves is down to $ 27.8 bn; and unemployment and under - employment rates have worsened 10.4 % and 18.7 % by the end of 2015.
An op - ed in the reputable publication Vedomosti concluded by arguing that the difference in height of the two presidents should not be mistaken for a sign of Russia's relative weakness: «Let China's economy grow many times faster than Russia's — its very growth is supplied by Russia's oil and gas!
«For the avoidance of doubt, we need to state it again that Dr. Ayeni is a law abiding and patriotic entrepreneur who continues to contribute to the growth of this economy and who, through business acumen and initiatives, continues to create employment opportunities to hundreds of Nigerians in the finance, telecommunications, oil and gas, maritime and real estate sectors, among others, of our economy.
At the sectoral level, the Industry Sector recovered from a negative growth of 0.5 percent and is expected to grow by 17.7 percent in 2017 due to increased production in upstream oil and gas.
@dtech The growth was a) sustained purely by inflated oil (and gas) prices, not any intelligent policies and b) pretty pathetic compared to the growth of actually rapidly developing countries.
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