Sentences with phrase «more oil exploration»

Obama has again flip - flopped his way back to saying he would support more oil exploration including offshore.
And American politics, without a true fossil - fuel revolt, will still require any energy legislation to include provisions encouraging more oil exploration on American continental shelves.
Murkowski favors more oil exploration in the region, but she raised another significant issue that could affect the energy industry's push into the Arctic.

Not exact matches

WESTERN Australia's «energy gold rush» is overshadowing minerals exploration as investment in searching for oil and gas reaches a figure more than double that spent looking for minerals.
Investors who would prefer to play E&P companies more broadly could consider the iShares U.S. Oil & Gas Exploration & Production ETF, which focuses on large - cap companies and has an expense ratio of 0.43 %.
Pardy expects we'll see a gradual shift out of integrated oil companies and into riskier, more volatile exploration - and - development and oilfield services stocks that can offer more upside, although he stresses that you can't lose sight of the companies» balance sheets.
The faster oil services firms and oil exploration companies adopt digitalization, the more data they generate with every well they drill and every digital map of oil resources they create — but that data is now the subject of hot debate as the oil industry tries to figure out who owns that data.
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.
shale oil may be a bubble but countries like Libya Iraq Iran produce nothing compared to their potential / production capacity + there is always offshore exploration recently Morocco seems to be in the spot light not to mention the arctic sea / north pole especially Russia where a new Koweit is to be found and also south China sea Venezuela's tight oil if all the types of oil are included venezuela must be a heaven with a quarter of global oil reserves with +300 billion barrels more than 260 bbls of Saudi Arabia that can still produce more than 10/11 million barrel / day that it's procucing today.
Nick Maden, a regional exploration director for Statoil, said Mozambique waters are among the more promising frontier basins in the area, where the oil potential is said to be «significant.»
Already more than 16,000 lakes and rivers within Canada have had their protected status removed in order to facilitate oil exploration and resource mining on First Nations land.
In the decade prior to the APF's creation, the initial $ 900 million windfall from oil exploration licences — equivalent to more than five times the entire Alaskan budget at the time — had flowed into and out of state coffers.
He's chairman of the New York League of Conservation Voters Education Fund and is on the board of directors of Noble Energy, an independent gas - and oil - exploration company with more than $ 17 billion in assets.
Like when building a national highway, etc. # 2: I think the opposite - the fact that another country now gets a «forward base» for military or refueling purposes, plus the fishing and oil / mineral exploration rights surrounding the new territory means the territorial / sovereignty rights are a lot more valuable than the land usage value itself.
They may hold their nose when they vote for Baucus, but they certainly aren't voting for Rehberg who protested the recent closing of the Rocky Mountain Front to oil exploration, something even former GOP Senator Conrad Burns supported (cynics may believe Burns» change of heart on the Rocky Mountain Front had more to do with the 2006 election).
I was encouraged by President Obama's calls for the construction of more nuclear power plants, as well as for increased offshore exploration of oil and natural gas, and the further development of clean coal technologies.
«Due to global warming, oil exploration in the Arctic has become feasible along with the shipment of oil through the Northwest Passage, the water body between Canada and the Arctic that used to be frozen throughout the year, but has now become open for navigation in the summer,» noted Boufadel, a professor of civil and environmental engineering who specializes in the impact of oil spills on coastal regions and, more generally, on oil behavior in diverse environments.
A report about U.S. oil and gas exploration in the Arctic published last month by the National Petroleum Council found most drilling opportunities under America's jurisdiction are less than 100 meters below the ocean's surface, more shallow - than - standard depths in other drill regions, like the Gulf of Mexico.
The arrival of hurricane season on June 1 has forced BP to develop a more flexible oil collection system, Kent Wells, a BP senior vice president for exploration and production, said Monday at a press briefing.
Sustained melt has also opened the region to more ship traffic and oil exploration, which pits economic opportunity against potential ecological effects.
In a letter being delivered to the White House on Thursday, nearly 400 scientists from more than a dozen countries are urging President Obama to stop future oil and gas drilling in the Arctic Ocean because of the significant environmental and climate risks associated with further fossil fuels exploration there.
While military sonar systems and seismic airguns used in oil / gas exploration and scientific research have received considerable attention in the overall issue of noise impacts on marine life, less intense but far more widespread and chronically - present noise sources, particularly large commercial ships, have only recently begun to be specifically considered.
The 2018 Ford F - Series Super Duty caters to those who need more than what a half - ton truck can accomplish, making the Super Duty a favorite for such heavy industries as logging, construction and oil exploration.
You might invest only in profitable companies (ones that make money and probably pay regular dividends), thus excluding something like an oil exploration company, which will just lose money, and lose it, and lose some more, forever... unless it hits the jackpot, in which case you might suddenly find yourself sitting on a huge profit.
Eligible small oil and gas corporations (expenditures of no more than $ 15 million) will no longer be able to treat the first $ 1 million of Canadian Development Expenses (CDE — deducted at 30 %) as Canadian Exploration Expenses (CEE) after 2018 — deducted at 100 %).
PEYTO EXPLORATION & DEVELOPMENT CORP. (Toronto symbol PEY; www.peyto.com) produces and explores for oil and natural gas in... Read More
As oil and gas prices decline and the availability of reserved - based senior credit becomes increasingly scarce, exploration and production companies are seeking to refinance into more traditional term loans or to divest royalties in an effort to...
The title «PEARLESCENT» comes from the exploration of specialty formulations of One Shot Oil Enamel, the glossy, viscous fluid pigment used... Read more
Cesare Lucchini's second exhibition at rosenfeld porcini pursues his exploration of certain dramatic events, which have and continue to afflict contemporary society such as the oil slick disaster in Mexico (2010), the boat tragedies off the Sicilian island of Lampedusa, and African conflicts — more specifically the use of child soldiers.
Rothko's «No. 21» was owned for more than 40 years by Sao and Pierre Schlumberger, whose family founded the oil exploration company that bears their name.
The book also mentions Norway as a shining example regarding the tackling of climate change, but the world is more nuanced; Norway also pushed for more oil drilling in the Arctic, and is involved in tar sands in Canada, as well as oil exploration in Libya.
But combined exploration and production spending on oil and gas is on the order of $ 500 billion or more.
I'm smiling at the irony that oil exploration has become more difficult from what the use of oil has contributed to.
I noted that oil exploration is a «long game» gauged around the likelihood for rising demand in decades to come, but asked if they thought low prices (and projections for more of the same) played a role?
Over the last three years, we've opened millions of new acres for oil and gas exploration, and tonight, I'm directing my Administration to open more than 75 percent of our potential offshore oil and gas resources.
And there are virtually no CO2 emissions from the savings, but increasingly more from the extra exploration and drilling for hard to get oil, as well as for cooking corn with oil, gas, and coal to get corn ethanol.
Now, increased domestic oil exploration certainly has its place as we make our economy more fuel - efficient and transition to other, renewable, American - made sources of energy.
NRG Energy and JX Nippon Oil & Gas Exploration completed their post-combustion capture Petra Nova plant with more success.
The Associated Press reports that a coalition of more than 60 environmental groups issued a joint statement saying that opening U.S. waters to oil and gas exploration threatens marine life and coastal communities with «severe and unacceptable harm.»
This extends to issuing permits for more than 500 offshore oil and gas exploration and development projects in the Gulf of Mexico.
(With all the «green opposition» to allowing exploration or development of oil reserves in the «pristine Arctic», I can not imagine that «greens» — or the general public, for that matter — would allow this proposal to be realized in the even more pristine Antarctic.)
Just 11 % back expanding exploration and production of oil, coal and natural gas, and another 11 % support building more nuclear power plants.
Its composition has evolved to include oil exploration and production, as well as a more targeted list suggested in a June analysis by the U.K. research group Carbon Tracker Initiative, Principles for Responsible Investment, and others.
At the Brazilian National Oil and Gas Agency pressuring the government for more transparency and responsibility, and highlighting the impacts of oil and gas exploration on climate, biodiversity and traditional communitiOil and Gas Agency pressuring the government for more transparency and responsibility, and highlighting the impacts of oil and gas exploration on climate, biodiversity and traditional communitioil and gas exploration on climate, biodiversity and traditional communities.
Better yet would be to debate an energy policy for the USA, including opening up exploratory oil and gas drilling including shale deposits, limiting the exponential growth of regulations currently stifling new exploration, ending the EPA regulatory war on coal, reactivating the Keystone pipeline, etc.; these issues have direct impact on American jobs and future energy independence, both of which are more important issues for US voters (and presidential candidates) than any «climate» debate.
The quote from Mitt Romney's (allegedly «ghostwritten») book points to the conclusion that the USA should do more oil and gas exploration («drill, baby, drill») including shale deposits, to get more «energy independent» (combined, of course, with supporting basic research for new energy technologies).
Shell Oil announced in September that it was abandoning exploration in the Chuckchi and Beaufort seas after it spent more than $ 7 billion and had a face - off with Greenpeace demonstrators in Portland who temporarily blocked one of the company's ships.
Last year Brazilian listed oil and gas companies spent over US$ 23 billion purely on exploration and production of more oil and gas reserves (see below).
Today, Oil Change International released a comprehensive report on fossil fuel exploration and production subsidies in the U.S. — Cashing in on All of the Above: U.S. Fossil Fuel Production Subsidies under Obama — which demonstrates that at a time when we need urgent action on climate change more than ever, the U.S. government is channeling huge and growing amounts of money to increasing discovery and production of oil, gas, and coOil Change International released a comprehensive report on fossil fuel exploration and production subsidies in the U.S. — Cashing in on All of the Above: U.S. Fossil Fuel Production Subsidies under Obama — which demonstrates that at a time when we need urgent action on climate change more than ever, the U.S. government is channeling huge and growing amounts of money to increasing discovery and production of oil, gas, and cooil, gas, and coal.
MDB finance for oil and gas exploration more than doubled from 2015 to 2016, from $ 1.05 billion to $ 2.15 billion.
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