Sentences with phrase «international shale oil»

Despite the international shale oil boom extracting natural gas with hydrofracking technologies, which most electric utilities, including the local ones, supply to customers as a major part of their power supply, the shift away from petroleum dependency has made remarkable progress in recent years through strategic incentives like the one which prompted this vote in Olive.

Adam Sieminski, head of the department's Energy Information Administration, said: «Today's report indicates a significant potential for international shale oil and shale gas, though the extent to which technically recoverable shale resources will prove to be economically recoverable is not yet clear.»

Not exact matches

The United States will overtake Russia as the world's biggest oil producer by 2019 at the latest, the International Energy Agency (IEA) said on Tuesday, as the country's shale oil boom continues to upend global markets.

The relentless rise of U.S. shale growth could soon spark another dramatic change of policy from leading oil producers, according to the latest monthly report from the International Energy Agency (IEA).

A sale of Apache Canada would mark the Houston - based company's exit from the country, the latest international oil firm to sell Canadian operations in favor of concentrating on U.S. shale plays.

Today, Russia is similarly hemorrhaging capital as a result of international sanctions and crashing oil prices, prompted by both the American shale oil boom and OPEC's inaction in stabilizing the commodity at last month's meeting.

The new project indicates a further shift for Exxon, away from international projects and towards a focus on domestic endeavors, specifically those involving shale oil and gas.

«Even at these lower prices, the US shale production will continue to increase because technologies and knowledge of shale prices are getting better month after month,» says Leonardo Maugeri, former top manager at Italian oil company ENI and now associate professor at the Harvard Kennedy School's Belfer Center for Science and International Affairs.

Technological breakthroughs in shale gas and tight oil production are poised to make the United States — not Saudi Arabia — the world's largest producer of crude oil as early as the end of the decade, according to the latest World Energy Outlook published by the International Energy Agency (IEA).

This, of course, has to be international because it is no good if Canada starts exporting its shale oil to China or Europe, or Australia keeps exporting coal to China.

The U.S. shale boom masks threats to the global oil supply, including Middle East turmoil, conflict in Ukraine, and the difficulty of unconventional oil production beyond North America, according to the International Energy Agency.

«This unusual response to lower prices is just one more example of how shale oil has changed the market,» said IEA Executive Director Maria van der Hoeven, who launched the report at the Energy Institute's International Petroleum Week in London.

Jones joins a cross-functional 80 - member team of attorneys who counsel international and domestic energy companies and service providers in oil, natural gas, shale, and alternative energy.

Trowers & Hamlins LLP, the international law firm, has advised the Government of Jordan on the structuring and negotiation of a major oil shale concession agreement with Karak International Oil, an affiliate of international law firm, has advised the Government of Jordan on the structuring and negotiation of a major oil shale concession agreement with Karak International Oil, an affiliate of Jordan Eneoil shale concession agreement with Karak International Oil, an affiliate of International Oil, an affiliate of Jordan EneOil, an affiliate of Jordan Energy

Global law firm K&L Gates LLP successfully advised Karak International Oil, a subsidiary of U.K. company Jordan Energy & Mining Limited (JEML), on the signing of a US$ 1.8 billion oil shale retort concession agreement with Oil, a subsidiary of U.K. company Jordan Energy & Mining Limited (JEML), on the signing of a US$ 1.8 billion oil shale retort concession agreement with oil shale retort concession agreement with the