Sentences with phrase «impacting oil producers»
With low oil prices impacting oil producers globally, the Nigerian economy is not short of disputes.
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Russia independently or in conjunction with allies Iran and Syria could flood global markets, thus dropping prices for not only themselves, but for those on the other side of the Syrian conflict, predominantly impacting Saudi Arabia and the US — the number two and three world oil producers, respectively.
The producers will review the deal at the next OPEC meeting in June to assess how it is impacting oil prices and global global crude stockpiles.
Recent studies have shown that if Canadian oil were able to reach the U.S. Gulf Coast and Asia, the impact of higher revenues to Canadian producers over a 15 year period would amount to an additional $ 132 billion in Canadian GDP.
Similarly, a leading producer of palm oil in Papua New Guinea recognized the social and environmental impacts of production, so it altered its business model to include a fully traceable supply chain and reduced its use of petrochemicals as a fertilizer.
Market participants continued to weigh the supply - side impact of production cuts by the Organization of the Petroleum Exporting Countries (OPEC) and other major oil producers in late 2016 and, on the other hand, the ability of the US shale oil industry to maintain output in the face of lower prices.
Among the issues raised were the $ 2 trillion valuation Saudi Arabia wants for the world's largest oil producer, the scale of dividends Aramco's prepared to pay and the impact of the shale boom on oil prices over the next few years.
The EPA also suggested that the State Department revisit its conclusion that the Keystone XL would not impact climate change because, in the absence of Keystone, oilsands producers would use rail to get their oil to market.
«Our collective aim is to raise the awareness of truly sustainable palm oil [so that] other producers that meet this highest standard of sustainability join the program, thus eventually becoming a collaboration of organic fair trade producers that can truly move the needle in impacting the palm oil industry.»
Then Graham pointed out that the impacts of climate change, peak oil and geopolitical instability mean that «the whole food system needs rethinking and massive effort needs to go into rebuilding the skills of our agricultural producers such that the nation can remain domestically food - secure».
It added, «Recent upsurge in vandalism has negatively impacted on the Nigerian crude oil production output, losing its African top crude oil producer to Angola.»
Impact on producers Speaking on the impact of the oil crash on the producers, Chairman, Petroleum Technology Association of Nigeria, PETAN, Mr. Emeka Ene,Impact on producers Speaking on the impact of the oil crash on the producers, Chairman, Petroleum Technology Association of Nigeria, PETAN, Mr. Emeka Ene,impact of the oil crash on the producers, Chairman, Petroleum Technology Association of Nigeria, PETAN, Mr. Emeka Ene, said:
The coconut oil production is consistent with the rest of their business philosophy: Striving to minimize our environmental impact and work cooperatively and respectfully with local producers.
The plays off of the pipeline construction are improved probability by the Canadian oil sands producers, a slight positive impact on Gulf Coast margins, and the construction and E&C companies involved.
May 10 (UPI)-- A new model tracks oil and gas extraction rates and how they impact the ability of major fossil fuel producers to meet global emission reduction targets.
On the other hand traditional ideologies may be having some impact on climate out of all proportion to the creativity involved, for example the unfettered rights to buy and burn oil as respective gifts to America from Islam (as producers) and the Christian Right (as consumers).
While Maryland isn't among the country's leading producers of oil and natural gas, the industry's employment and economic impact in the state is significant.
But while Saudi Arabia — the world's second largest oil producer — continues pumping out oil to protect its market share in the face of swelling US crude output, what is the impact of reduced spending in the region for the legal market and how are local law firms faring compared to their international counterparts?
At Capital Power in Edmonton, the slowdown in the oil patch has had an impact on operations with the power producer.
Forecasted demand for oil throughout 2016 remains weak, and although US production looks to be curtailing, it remains to be seen if the reduction in output from the world's largest oil producer will have enough impact on surplus supplies to drive prices upwards.