Sentences with phrase «leading oil producer»

Texas, this country's leading oil producer for the last century, is now our leading generator of electricity from wind, having eclipsed California two years ago.

Saudi Arabia, the world's leading oil producer, has indicated that it would not have a problem with a universal charge on carbon dioxide emissions, implying it would not restrict oil production to capture the revenues of a charge on carbon.

Hydraulic fracturing, and the similar techniques used for «tight oil» drilling, have actually allowed the United States to become the world's leading oil producer in 2014.

The US could soon replace Saudi Arabia as the world's leading oil producer, just as the Saudis promise to go green

Saudi Arabia has raised domestic energy prices by as much as 40 percent after the world's leading oil producer announced a record $ 98bn budget deficit on Monday citing rock - bottom global petroleum prices.

Credit this to the emergence of the U.S. as a leading oil producer and, soon, net energy exporter.»

Saudi Arabia had become the world's leading oil producer and exporter and the US was their biggest customer.

Texas, the nation's leading oil producer — one of the world's top producers, in fact — is diversified well enough to not feel the pain as much.

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).

WASHINGTON — Two of the world's leading oil producers have almost overnight joined some of the biggest players in wind power in the United States, accelerating a trend of large corporations investing in the rapidly growing alternative - energy field.

Of the 23 leading oil producers, output appears to have peaked in 15 and to still be rising in eight.

Not exact matches

The Permian continues to boom, and even in case of takeaway capacity constraints — which have led to around $ 11 a barrel discount of Midland, Texas, oil to Brent — Permian producers would pump at profit if Brent were to rise (and stay) at $ 80, Bloomberg's Denning argues.

Nonetheless, Saudi Arabia's economy is still largely predicated on oil and, with oil prices rising on the back of Saudi - led OPEC and non-OPEC producers curbing oil supply, the kingdom's finance minister said he welcomed higher prices but they would not affect spending limits.

«Increasing the number of transportation options and markets for Canada's oil supply will lead to higher netbacks for all Canadian producers.»

Oil erased early losses after leading OPEC producer Saudi Arabia pledged to cut its exports to help speed up the the market rebalancing.

In the statement, he said that ongoing talks with the International Monetary Fund, which has said the oil producer's debt is unsustainable, will «rapidly lead to the adoption» of a three - year programme with the Fund.

The good news is that the downturn has led to huge technological and process improvements in the oil patch, forcing domestic producers to either find ways to make money at $ 40 oil or go out of business.

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.

Crude oil continues to trade lower than expected this year because shale producers have ramped their output, offsetting the OPEC - led production cuts.

Political demonstrations in Venezuela, a major oil producer, have led to fears of possible supply disruptions, while OPEC reduced official output quotas by 1 million barrels per day from the beginning of April.

For leading U.S. shale oil producers, $ 40 is the new $ 70.

A U.S. computer maker and a Japanese brokerage led the quarter's contributors, while a Swiss freight company and a Canadian oil producer were top detractors.

Arguing that OPEC «has not failed at all» in its attempt to drive oil prices up, Oreshkin said that the price of oil is now much higher than it was this time last year, before the cartel and 11 non-OPEC producers led by Russia struck the initial output cut deal.

Lack of pipelines to carry away the natural gas that comes with the oil may lead some producers to slow or stop production to comply with environmental regulations against flaring too much of the gas.

But in a major shift away from the previous Saudi - led policy of maintaining production to squeeze high - cost US shale - oil producers, OPEC countries agreed to target a lower level of 32.5 — 33.0 million barrels a day, although there was some skepticism about the absence of details on which members would curb output and by how much, which were delayed until the next meeting in November.

As a leading producer of emulsifiers, DuPont Nutrition & Health has led the industry in the move toward sustainable emulsifiers since helping to establish the Roundtable on Sustainable Palm Oil (RSPO) in 2004.

Founded in 2013, the initiative was developed in partnership with leading NGOs as well as with progressive palm oil producers.

IOI Loders Croklaan, a leading producer of palm - based fats and oils to the global food industry, has announced that 100 percent of its directly sourced palm oil worldwide is traceable to the mill level.

The RSPO is the leading initiative working towards sustainable oil palm production, bringing together more than 3000 stakeholders like producers, refiners, retailers and NGOs.

Africa's biggest economy and top oil producer is reeling from the fall in crude revenues, the source of 95 percent of foreign earnings, which has led to the naira hitting record lows on the parallel market amid dwindling foreign exchange reserves.

The rules mark the first time the federal government has stepped in to enact protections to limit risks posed by a technology that has been both criticized for causing environmental harm and credited with making the nation one of the leading producers of oil and gas.

It is a stinging irony that by far the biggest donor to BORA is the Sime Darby Foundation, the philanthropic arm of the Sime Darby Group, based in Kuala Lumpur, one of the world's biggest producers of palm oil, the crop that led to the destruction of much of the rhino's rainforest home.

With all of the recent coconut oil lovin»... I'd say it's pretty safe to assume that their recommendation of switching to other unsaturated fats such as «soybean, canola, and corn oil» may come from the fact that one of their sponsors is one of the leading producers of genetically engineered seeds on the planet.

As the Saudis try to squeeze out expensive oil producers, some of these producers could run into financial difficulty that leads to further declines in stock prices or even bankruptcies.

It provides essential services to oil and gas producers in the Western Canada Sedimentary Basin through its integrated network of infrastructure, which includes gathering pipelines, natural gas processing plants, natural gas liquids processing, transportation, and storage facilities, and an industry - leading condensate handling system.

As one of Europe's leading producers of olive oil, Messinian culture thrives on the harvesting and production of olive oil.

-- Twenty - four leading global producers of palm oil as well as commodities traders committed to contribute to the goal of zero net deforestation by 2020 and to work with Governments, private sector partners and indigenous peoples to ensure a sustainable supply chain.

Thanks to vast domestic shale reserves and safe hydraulic fracturing, the U.S. is the world's leading producer of oil and natural gas — which by far has had the most to do with reducing U.S. net crude imports.

The United States is the world's leading oil and natural gas producer, thanks to vast shale energy reserves safely unlocked by advanced hydraulic fracturing and horizontal drilling.

Likewise, the U.S. energy revolution — which has made the United States the world's leading oil and natural gas producer — shows how energy can grow the economy, create jobs and protect the environment through market - driven innovation.

Last week we made the point that America's ongoing energy revolution is the main reason the United States is the world's leading producer of oil and natural gas — a renaissance that is reducing oil imports and benefiting consumers in the form of lower prices at the pump.

The United States is the world's leading producer of oil and natural gas, resulting in lower oil imports and an opportunity for the U.S. to compete with other producers in the global market.

It's all unfortunate, given the opportunities that have come the administration's way — through little or no intent on its own — because of a U.S. energy renaissance that had made America the world's leading producer of oil and natural gas, and a world leader in reducing carbon emissions.

That same month, the Oil and Gas Climate Initiative (OCDI), an investment fund led by CEOs of 10 oil and gas producers, poured millions into ventures sporting «technologies and business models» able to potentially lower greenhouse gas emissions to a significant exteOil and Gas Climate Initiative (OCDI), an investment fund led by CEOs of 10 oil and gas producers, poured millions into ventures sporting «technologies and business models» able to potentially lower greenhouse gas emissions to a significant exteoil and gas producers, poured millions into ventures sporting «technologies and business models» able to potentially lower greenhouse gas emissions to a significant extent.

The re-balancing of the oil market desired by the leading producers has been a stubborn process 11 August 2017

The two leading producers of palm oil, Malaysia and Indonesia, have rapidly expanded palm oil production in recent years, often at the expense of biodiverse rainforests and carbon - rich peatlands that store billions of tons of greenhouse gases.

The U.S. is the world's leading producer of oil and natural gas.

It is, after all, no natural event, but rather the product of a long campaign in which the U.S., the Arab oil producers (led by the Saudis), and a variety of other, lesser villains, have managed to drag «the process» to an almost compete halt.

GlassPoint's track record in Oman has led to the company's expansion in new markets, including the recently announced project with oil and gas producer Aera Energy to build the largest solar plant in California, USA.

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