Sentences with phrase «international demand for oil»

Job creation is, however, projected to slow over the next few years due to technological advances in oil sands processing and slower growth in international demand for oil products.

Job creation is projected to slow down over the next few years due to technological advances in oil sands processing and a slower growth in international demand for oil products, but the growing demand for base metals is expected to buoy employment opportunities.

Not exact matches

The International Energy Agency, which says that global oil demand could peak around 2020 if governments adopted particularly green policies, predicts that even if it happened, oil still would account for 23 % of total global energy in 2040, down from 32 % in 2016.

Demand for oil is expected to drop in 2017, the International Energy Agency said in a report on Wednesday, raising further problems for producers as they try to ramp up prices.

Prior shareholder letters insisted the proposals were misguided or ignored the company's efforts to spell out its position that even a world intent on limiting temperature rises would still need more oil — a position shared by bodies such as the International Energy Agency, which sees oil demand rising for some years to come yet.

The International Energy Agency that previously warned of lower for longer oil prices and warned last year that the oil price recovery was threatened by the possibility of weak demand now has changed its tune and is now saying that it is «mission accomplished» for OPEC as oil stocks shrink at a record pace.

The international demand for Canadian dollars appears to have broken from its traditional link to oil and other commodity prices, the central bank said.

Earlier this month, the International Energy Agency (IEA) revised upwards its forecast for oil demand growth this year to 1.6 million bpd from the previous estimate for 1.5 million bpd growth.

The International Energy Agency (iea) projected in November that oil demand will grow steadily for the next 25 years, reaching about 99 million barrels per day by 2035, up 15 million barrels daily from 2009.

In the DRC, the study states, growing international demand for palm oil led to an increase in the nation's production of the product from 175,000 tons per year in the 1990s to 215,000 tons in 2010.

«It is unlikely that historically low rates of deforestation can persist in the face of growing pressures to clear land due to increases in population, demand for wood and charcoal, cropping with reduced fallow periods leading to soil degradation, and international interests in large scale land investments for oil, biofuel and other crops,» the study states.

According to the International Energy Agency, the demand for oil and natural gas from China will increase greatly in the decades ahead.

the International Energy Agency's (IEA) downgraded global oil demand forecasts, which contradicts OPEC's rosier outlook that demand for oil will strengthen.

Generally, we believe the long - term outlook for our business remains favorable in both domestic and international markets as capital spending will be required to replenish oil and natural gas production, which should drive long - term demand for our services.

The study is the first to model demand for oil, gas and thermal coal under the International Energy Agency's Beyond 2 Degrees Scenario introduced last year, aligned with 1.75 C, the mid-point of the Paris Agreement, and compare it with the IEA's New Policies Scenario, aligned with 2.7 C, consistent with emissions policies announced by global governments.

This analysis utilises the oil and gas demand levels indicated by the International Energy Agency's (IEA) World Energy Outlook 2016 450 scenario as a proxy for a 2D scenario.

The International Energy Agency, the energy watchdog for western economies, has projected 2030 world oil demand of 116 million barrels a day.

This can occur through (1) relocation of energy - intensive production in non-constrained regions; (2) increased consumption of fossil fuels in these regions through decline in the international price of oil and gas triggered by lower demand for these energies; and (3) changes in incomes (thus in energy demand) because of better terms of trade.

Improving the efficiency of road - freight transport is critical to reducing the growth in oil demand, carbon emissions and air pollution over the next decades, according to the International Energy Agency's latest report, The Future of Trucks: Implications for energy and the environment.

We participate in international oil markets because that's the cheapest way to meet our aggregate demand for products we want.

Experts from the International Institute of Sustainable Development (IISD) in Canada review key environmental regulations that impact Canadian oil and gas production, as well as selected policies that affect demand for those fuels.

Wall Street Journal — Low oil prices and economic growth have helped drive up consumer demand for energy across the world in 2015, the International Energy Agency said Thursday, a phenomenon seen from U.S. gasoline stations to Chinese auto dealerships.