Sentences with phrase «in oil mining»

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, on Friday said he had no special interest in Oil Mining Lease (OML) 11...

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While manufacturing has shown a little weakness, the biggest difference by far is in mining — and that's where the Oil patch weakness shows up, as well as coal and metals production for export (recall how awful rail and steel have been in the Weekly Indicators for the last 4 months).
The decreases are largely the result of the oil glut and all - time lows for crude prices — last year, mining, oil producers, and metal companies lost a combined $ 70 billion on $ 1.3 trillion in revenue.
Gains in oil and base metals prices have helped push the Australian share market higher, which is getting support from the energy, mining, and retail sectors.
Last March, Royal Dutch Shell said it was selling most of its stake in Canada's oil sands, a vast project that has extracted millions of barrels of sticky, gooey hydrocarbons from the ground in a process that resembles mining more than drilling.
That could throw a wrench in plans for the oilsands, which require high oil prices to remain profitable, and crimp much of the manic exploration activity in mining.
Founded in 1997, Noise Solutions is an engineering - driven outfit that sprang up in response to mounting public pressure from communities located near mine sites and oil - drilling operations.
Obama had used the Antiquities Act more than any other president, his White House said in December, when he designated over 1.6 million acres of land in Utah and Nevada as national monuments, protecting two areas rich in Native American artifacts from mining, oil and gas drilling.
In 2013, oil and gas accounted for 68 % of Russia's total exports, while duties on those exports, combined with taxes on mining, accounted for 50 % of the federal government's revenue.
Forestry managers often need a bachelor's degree in forest science or engineering, mining managers typically have an earth sciences or mining engineering degree, while oil and gas managers may require a degree in geology, earth sciences, or petroleum engineering.
In addition to dabbling in coal, real estate and oil and gas through their primary company, the Mancal Group, brothers Fred and Ron are also the biggest shareholders in mining junior Infinito GolIn addition to dabbling in coal, real estate and oil and gas through their primary company, the Mancal Group, brothers Fred and Ron are also the biggest shareholders in mining junior Infinito Golin coal, real estate and oil and gas through their primary company, the Mancal Group, brothers Fred and Ron are also the biggest shareholders in mining junior Infinito Golin mining junior Infinito Gold.
It comes down to what field you get into; mining, forestry and oil and gas are expected to grow in the next few years, according to Statistics Canada.
West Perth - based oil and gas explorer Orca Energy has announced former mining magnate Nathan Tinkler will be its new executive chairman after participating in the company's $ 20 million capital raising.
Its study, Mining and Heavy Industry Construction in Australia 2002 - 2017, released earlier this year, says that the upswing would be initially driven by major oil and gas projects, and would broaden across most mineral sectors by mid-decade.
The Exchanges organize and participate in several road shows in key Latin American markets to discuss linkages and opportunities in the mining and oil & gas sectors.
Many of them are in the mining and oil & gas industries.
WPX Energy is a mining and crude oil production company based in Tulsa, Okla..
Manufactures equipment and provides construction services for clients in aerospace, oil and gas, mining and other sectors
In 2014, the mining and crude oil production company with headquarters in Irving, Tex., did just that, with a $ 1.8 billion boost that brought their profits to $ 930 million, all while oil prices has dropped to historic lowIn 2014, the mining and crude oil production company with headquarters in Irving, Tex., did just that, with a $ 1.8 billion boost that brought their profits to $ 930 million, all while oil prices has dropped to historic lowin Irving, Tex., did just that, with a $ 1.8 billion boost that brought their profits to $ 930 million, all while oil prices has dropped to historic lows.
The usual proxies for global growth — oil and other commodities, emerging market currencies, energy and mining stocks — are almost all sharply lower as investors bail out of any kind of trade predicated on growth in China and the rest of the emerging world, which accounts for 85 % of the world's population.
Devon Energy, a mining and crude oil production company headquartered in Oklahoma City, saw a $ 1.6 billion increase in its profits in 2014.
Terex (TEX), which makes heavy equipment used on oil rigs and in mines, fell into this latter category.
CALGARY — The first phase of Imperial Oil Ltd.'s Kearl oilsands mine will cost $ 2 billion more than its most recent estimate as the company faced issues transporting Korean - made modules to the mine site in northern Alberta and contended with harsh weather during startup.
Franco - Nevada Corp. (FNV: $ 44.16) A royalty company that buys interests in a diversified range of gold mines as well as interests in oil and gas and other assets.
Suncor provides a good, diversified example of the sector — Suncor markets oil sands products from a variety of operations, both mining and in situ operations, and sells both diluted bitumen and synthetic products including diesel fuel.
If you're talking about a new project with no significant investment already deployed, building a new mine if you expect today's prices to hold in the long term is a tough call — a 50 - year oil sands project is a lot of risk for less than a 10 % rate of return — but even there, you can see the impact of the lower Canadian dollar and the hedge provided by a royalty regime which lowers rates when prices are low.
Depending on mining, forestry, and oil and gas leaves the country vulnerable to swings in commodity prices and the health of our export partners.
In September 2013, Statistics Canada estimated that 382,000 Canadians were employed in the forestry, fishing, mining, oil and gas sectorIn September 2013, Statistics Canada estimated that 382,000 Canadians were employed in the forestry, fishing, mining, oil and gas sectorin the forestry, fishing, mining, oil and gas sectors.
Killing an energy anti-corruption rule Feb. 14 Trump and congressional Republicans repealed a rule that requires oil, gas and mining companies to disclose payments to foreign governments in order to prevent corruption in oil - producing nations.
Australian listings on TSX and TSXV have almost tripled in the last five years, and there are now 33 resource companies with a dual listing on the Australian Securities Exchange (ASX), such as Newcrest Mining (TSX: NM), Paladin Energy (TSX: PDN), Mirabela Nickel (TSX: MNB) and Aurora Oil & Gas (TSX: AEF).
Canadian Natural production averaged a record 1.02 million barrels of oil equivalent per day in the fourth quarter, a 19 per cent increase from the year - earlier period, as it ramped up the latest expansion of its Horizon oilsands mining and upgrading project.
«We don't want people in mining to suffer because of a big downturn and folks in oil and gas to make more because the market is great,» he says.
«For the largest, most complicated capital projects in oil, gas, mining, and infrastructure, it's really Bechtel and Fluor,» says Yuri Lynk, an analyst with Canadian capital markets firm Canaccord Genuity.
The global collapse in commodities prices has forced oil and mining companies to cancel plans for aluminum smelters, copper mines, and new LNG projects.
The second is the broad array of businesses that cushions Bechtel against big drops in one or two sectors, such as the recent declines in mining and oil.
For more than two decades, Warburg Pincus has invested or committed over $ 9.5 billion across more than 50 energy investments around the world involved in oil and gas exploration and production, midstream, power generation, oilfield technology and related - services, mining and alternative energy development.
By far the biggest revision, on a percentage basis, came in the mining sector, which isn't surprising; the oil and gas industry, which is part of the mining sector, has been extremely volatile in the past year due to tumbling oil prices.
If you're talking about a new project with no significant investment already deployed, building a new mine if you expect today's prices to hold in the long term is a tough call — a 50 year oil sands project is a lot of risk for less than a 10 per cent rate of return — but even there, you can see the impact of the lower Canadian dollar and the hedge provided by a royalty regime which lowers rates when prices are low.
The Toronto Stock Exchange has the distinction of having the greatest number of companies in the mining and oil & gas industries in any exchange across the globe, which isn't surprising given how big of a percentage of Canada's economy those industries form.
Pat is a frequent speaker at international conferences such as «China Mining 2015» in Tianjin, the International «Gold & Silver Symposium» in Lima, Peru, PDAC in Toronto and the Platts» «Crude Oil Markets Conference» in Houston.
He has been involved in many of the cases that have defined the interaction between Canadian business and law for four decades, from gold mines to boardrooms, from oil fields to isotopes.
But the steep tumble from $ 100 - per - barrel oil has helped cut short the age of big, multi-year mine developments, forcing companies to shelve other large projects; analysts expect smaller, more modular expansion projects from here on in.
Tell us where you position yourself now on Canada's resource sector oil / gas / mining and how we can deliver these resources in an environmental prudent and safe way and help Canada become more successful in delivering these resources to the world.
Furthermore, while the company does have another potentially significant growth opportunity on the horizon in its CA$ 20 billion ($ 15 billion) Frontier oil sands mining project, it appears to be a long shot of moving forward considering where crude is these days.
Despite slumping commodities prices affecting its oil, gas, and mining businesses, FLR still managed a 21 % ROIC in 2015 and finished the year with a larger backlog than it had at the end of 2014.
In theory, oil sands operators are required to pledge financial security to pay for future reclamation costs as they build new mines.
The city has seen job losses in oil, gas, mining and construction sectors, according to the South Texas Economic Development Center.
It is therefore crucial that the Canadian government require Canadian mining, oil and gas companies operating overseas to conduct enhanced human rights due diligence, especially in regions where human rights and environmental laws (and enforcement of those laws) are lax.
Suncor is committed to ultimately returning all lands disturbed by our oil sands mining and in situ operations to a self - sustaining boreal forest ecosystem.
This point has been raised by the Pembina Institute, in their report on How Albertans Could End Up Playing for Oil Site Mine Reclamation.
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