Sentences with phrase «of oil gas»
Hydraulic Fracturing of Oil Gas Wells Drilled in Shale Hydraulic fracturing and horizontal drilling have turned unproductive shales into the largest natural gas fields in the World.
http://www.cfact.org/ Not exact matches
Fracking is part of the problem, but the report states that most human - induced quakes are caused by the oil and gas industry's use of injection wells to dispose of wastewater - the contaminated liquid that gets pumped out of the well during oil and gas extraction.
The quest to regain the top producer spot in one of the most - prolific U.S. shale basins had eluded Hamm's Continental since at least 2014, when Whiting bought smaller rival Kodiak Oil and Gas.
New natural gas pipelines do not face the same kind of opposition as oil pipelines because the product is a gas and, in case of a leak, it escapes into the atmosphere rather than fouling waterways and soil.
Jeffrey Gundlach, one of the world's most closely watched investors, recommended a short position in social media giant Facebook Inc and a long position in the SPDR S&P Oil and Gas Exploration ETF.
The recession of 1973 - 1975 in the U.S. came about because of rocketing gas prices caused by OPEC's raising oil prices as well as embargoing oil exports to the U.S..
Scientists have tied the quakes to the injection of saltwater, a normal byproduct of oil and gas drilling, into deep disposal wells and underground caverns.
A flexible approach to business and staying true to its values have been the keys to the success of Bhagwan Marine, which has become a major service provider to the offshore oil & gas sector.
«If you had a strong track record of finding and developing oil and gas at the right price, you could always raise capital,» Grad says.
Canada's energy sector is wary of Donald Trump's vow to boost American oil and gas production.
Oil - and - gas companies will be big winners because they pay the second - highest effective tax rate of any sector, at 37 percent, according to Bloomberg Intelligence.
Exxon's production of oil, natural gas and other liquids fell by 6 percent from the previous quarter.
In the face of low crude oil prices, the company focused on natural gas, which had stronger rates.
In Ottawa this past June, the leaders of Canada, the U.S. and Mexico pledged to work together to reduce methane emissions from the oil and gas industry between 40 % and 45 % by 2025.
NEW DELHI, May 1 - India asked Japan on Tuesday to help build infrastructure needed to boost the usage of liquefied natural gas in India and elsewhere in Asia, India's oil minister Dharmendra Pradhan said after a meeting with Japan's trade minister Hiroshige Seko.
Instead of hedging away from gas, as TransCanada and many other companies appear to be doing, it's a bet that gas will play a much bigger role in our energy future, probably at the expense of oil.
The quake was one of the strongest ever to hit the state and prompted its oil and gas regulator, the Oklahoma Corporation Commission, to order 37 disposal wells shut in a 725 - square - mile (1,878 - sq - km) area around Pawnee.
Unfortunately, the two firms have yet to do a simulation of how the situation with Keystone XL and Northern Gateway will turn out, though Deloitte's oil and gas consulting lead, Geoffrey Cann, agreed game theory «is tailor - made for it.»
«For engineers who are already working, we've created an Oil and Gas MOOC, in partnership with IFP énergies Nouvelles (IFPEN), to enable them to update their knowledge of the oil industry by taking online courses for four weeks.&raqOil and Gas MOOC, in partnership with IFP énergies Nouvelles (IFPEN), to enable them to update their knowledge of the oil industry by taking online courses for four weeks.&raqoil industry by taking online courses for four weeks.»
On Thursday, it announced it would reduce its production guidance for the year by about 10,000 barrels of oil equivalent per day to an average of about 315,000 boe / d, with exit production of about 335,000 boe / d, to account for lower heavy oil production, an advanced schedule for maintenance at its Tucker oilsands project and a slower ramp up in liquids - rich natural gas output from its BD Project in Indonesia.
Environmental Defense Fund president Fred Krupp said the agreement is important because methane is responsible for about a quarter of today's warming, and the U.S. and Canada are the world's second - and fourth - largest emitters of oil and gas methane respectively.
The stock has soared more than eight per cent over the past week on speculation the company could buy the retail operations of oil and gas giant Hess, which owns about 1,350 gasoline stations in 16 East Coast states.
Estimates vary widely on just how much methane is leaked from the vast network of oil and gas wells, pipelines and processing plants, but the problem has cast doubt on how much better natural gas is than coal for the environment.
Jack Gerard, president of the American Petroleum Institute (API), the oil and gas industry's biggest lobby, told Fortune in an interview at the Republican National Convention.
In April, the OGS said most of the state's recent earthquakes were caused by the injection of wastewater from oil and natural gas drilling operations Earth, which has become increasingly common in recent years.
Much of Questor's business these days comes from Colorado, which has North America's most stringent air quality rules for oil and gas producers.
An Environmental Defense Fund - commissioned study by consultancy ICF International found that Canada's oil and gas industry could achieve a 45 per cent methane emission reduction at an average cost of $ 2.76 per tonne of carbon dioxide equivalent.
The firm uses a patented process to combust 99.99 % of methane from an oil or gas well, landfill or biodigester.
Ian MacGregor entered the oil and gas industry in 1969, splitting his time between studying mechanical engineering at the University of Calgary and doing shifts as a night watchman at the machine shop where his father worked.
People are conditioned to expect some price increases, just like we're conditioned to expect gas prices to go up or down with the price of crude oil.
For its part, the oil and gas industry, by pouring investment into the oilsands with little concern for how it's going to get the oil out to markets, «is playing a high - stakes game of chicken,» Cann adds.
The promise of cheap energy supplies and jobs in the oil and gas sector have often overshadowed concerns over the environmental impact of fracking.
As fracking became commercially viable, oil and gas drilling companies entered communities with shale gas resources, which can have a number of local effects.
In June the company received the first - ever FAA commercial license for unmanned aircraft operations over land and water for its work with BP on Alaska's North Slope, part of a big push to develop oil and gas in remote areas with the help of UAVs.
«The business model of an oil and gas company in the future is going to have to be built around the abundance model, where your returns are not going to be made by commodity price increases,» says Munro.
The laudable mission statement of many oil and gas companies is to provide affordable energy to improve the world's living standards in an environmentally sound manner.
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 %.
It is often difficult to calculate the precise proportion of fossil fuel investments in complex funds, but about $ 400bn of the $ 5.2 tn total is likely to be in coal, oil and gas.
• Castle Harlan acquired the North American production equipment manufacturing assets of Exterran Corp., a Houston - based oil and gas firm.
The time is ripe for anyone with new ideas on some facet of oil and gas exploration, drilling or production that could cut costs, says Yager.
WESTERN Australian oil and gas producer Woodside Energy continued its geographical expansion with last week's announcement that it had taken a farm - in interest in a field in the Gulf of Mexico.
Investors need oil and gas companies to make the case that they can become part of the solution to climate change, while remaining profitable.
Fifty per cent of the oil and gas used in Canada is imported.
Carrizo's breakeven point, at $ 60 a barrel, is relatively low among frackers, and the company holds the rights to an unusually strong portfolio of oil and gas fields, which Waghorn thinks make it a likely acquisition target.
The oil and gas industry and its products account for half of global carbon dioxide emissions.
Among the biggest issues oil - and - gas - exploration companies face in the search for new sources of hydrocarbons is putting humans or high - value assets at risk.
Graduates go on to be helicopter pilots for a variety of programs including emergency medical service programs, charter tours or bringing workers to offshore oil and gas rigs.
The Anglo - Dutch oil major, whose acquisition of BG Group transformed it into the world's top liquefied natural gas producer, has been under pressure from shareholders to cut annual spending to ensure it can maintain its dividend given the slow recovery in the oil prices.
The fossil fuel divestment campaign began on university campuses in 2011 but the new report reveals that concerns over investments in coal, oil and gas have now entered the financial mainstream, with more than 80 % of the funds now committed to divest being managed by commercial investment and pension funds.
«If you're faced with eventually displacing your core product of oil and gas production with something new, it's an enormous task, and it will take a long time.