Sentences with phrase «of barrels of oil into»

The accident released millions of barrels of oil into the Gulf of Mexico, causing extensive impacts on the marine...

Yet it is amazing that we have an infrastructure that can turn millions of barrels of oil into bottles to deliver freshly melted glacier and other exotic waters to a store near you!

Not exact matches

When [terms of trade] goes up, it means basically we can turn a barrel of oil into 60 shirts instead of three,» he says.

Between June 2012 and July 2013, the difference between the landed costs of Saudi Light oil into the U.S. and the price of light oil at Edmonton was $ 18.48 per barrel, while the difference in costs between Mexican Maya landed in the U.S. and Western Canada Select heavy blend at Hardisty, AB, was $ 29.02 per barrel.

On April 29, more than 28,000 barrels of crude oil sprang from the Rainbow pipeline in Alberta and gushed into the boreal forest and nearby marsh.

One oil bull did jump into the fray: «The price of oil will be $ 1,000 a barrel in 20 years.»

Once supply and demand come back into balance, points out Fadel Gheit, Oppenheimer's senior oil analyst, prices should gravitate toward the marginal cost of production of new barrels.

He estimated a US$ 10 improvement in the difference on Alberta's overall output of 3.2 million barrels per day of heavy oil would result in C$ 50 million a day spilling back into the provincial economy.

But the effects can still be significant: for a 300,000 barrel - per - day refinery that burns fuel oil for internal consumption, for example, a 50 percent drop in oil prices can translate into an annual cost benefit of $ 200 million.

This and the partial recovery of oil prices into the mid - $ 60 per barrel range gave expensive oil another day to survive and fight.

The Exxon Valdez oil spill in Alaska's Prince William Sound released 260,000 barrels of oil into the North Pacific in March 1989, contaminating a 2,000 km stretch of gorgeous coastline near Anchorage.

Even as the agreement was being hashed out, however, attention was already turning to a burst pipeline at Nexen's Long Lake oil sands site that spilled 31,000 barrels of bitumen, sand and salty water into the surrounding muskeg.

In order to accommodate North American oil production that continues to increase, producers have been putting millions of barrels a week into storage.

Any economic and fiscal update would have to take into account the worsening global economy, the decline in the price of oil (to below $ 40 a barrel) compared to the assumption in the budget, and the restoration of the contingency reserve to its normal level of $ 3 billion.

Since diluted bitumen is sold into heavy oil streams (usually at a small discount to heavy oil), you need to account for the fact that a barrel of bitumen is worth less than a barrel of heavy oil, because the added diluent is a higher value product.

Immediately after the announcement of the Iranian nuclear deal was announced, oil prices declined about $ 1 per barrel for a short period only to enter into a recovery rally for the rest of the trading session.

While the US Energy Information Administration expects the US crude oil production to increase about 29,000 bpd this year and 57,000 bpd next year, Rystad Energy believes that the growth will be 100,000 bpd each month for rest of this year and into 2018, if oil prices sustain the $ 50 - $ 55 per barrel levels, reports Reuters.

Through this process, more than 150,000 tons of agrochemical empty plastic bottles have been collected from the field since 2002, saving an estimated 374,000 barrels of crude oil and more than 160,000 tons of CO2 equivalents that were not belched into the atmosphere.

He added that the country was in a terrible shape when the administration came into power in 2015, with oil prices falling to as low as 37 dollars per barrel, from peak periods of over 100 dollars in previous years.

During the period studied by the authors, 19,000 barrels per day of oil were also captured by an inverted funnel, or «top hat,» that was placed directly above the wellhead, which decreased the amount of oil that escaped into the sea.

The study challenges the estimate by federal officials, based on the amount of oil on the sea surface, that around 5000 barrels (800 cubic metres) of oil per day are pouring into the sea from the site where the BP - operated drilling rig Deepwater Horizon was destroyed by fire last month.

Each day 200 tons of turkey offal will be carted to be transformed into various useful products, including 600 barrels of light oil.

Since 1972 CO2 has been injected into U.S. oil reservoirs continuously, resulting in an extra two billion barrels of oil and a billion metric tons of CO2 stored underground.

The leak continued until 15 July, releasing about 5 million barrels of oil into the Gulf, the largest accidental marine oil spill in history.

Almost a year after the refinery explosion, technicians discovered that some 4,800 barrels of oil had spread into the Alaskan snow through a tiny hole in the company's pipeline in Prudhoe Bay.

But it does reduce overall emissions by at least 24 percent, calculates petroleum engineer Ronald Evans, Denbury's senior vice president of reservoir engineering: every recovered barrel of oil eventually puts 0.42 metric ton of CO2 into the atmosphere, but 0.52 to 0.64 metric ton are injected underground recovering it.

But it does reduce overall emissions by at least 24 percent, calculates Ronald Evans, Denbury's senior vice president of reservoir engineering: every recovered barrel of oil eventually puts 0.42 metric ton of CO2 into the atmosphere, but 0.52 to 0.64 metric ton is injected underground in recovering it.

By June 3, the top hat was capturing roughly 15,000 barrels a day — or three times early estimates, and the upper threshold after which BP's Tooms had calculated «top kill» would fail — with no discernible impact on the flow of oil into the ocean.

But Virent has added its process to the list of tools to convert plants into fuel, joining fermentation, Fischer - Tropsch and pyrolysis, and thinks it can compete with fuel from fossil oil at prices at or above $ 70 per barrel.

More than 20,000 barrels of heavy Canadian crude oil gushed into the Kalamazoo River system after multiple small corrosion - fatigue cracks caused the rupture of Line 6B in July 2010, the largest onshore oil spill in U.S. history.

WASHINGTON, D.C. — The blowout of BP's Macondo well didn't just spew some 5 million barrels of oil into the Gulf of Mexico last year.

BP's efforts to drill relief wells are generally viewed as the company's best, and perhaps only, chance to plug the Macondo 252 well gushing thousands of barrels of oil and natural gas into the Gulf of Mexico each day for the past month and a half.

The incident took 11 lives and spilled thousands of barrels of crude oil into the Atlantic.

In total, 4.3 million barrels were released into the Gulf from the oil spill versus an annual release of 160,000 to 600,000 barrels per year from naturally occurring seeps, according to the new results.

In what is perhaps the worst man - made environmental disaster in American history, the BP spill ultimately spewed 4.2 million barrels of oil into the Gulf before the well was sealed.

A company said on Monday it has shut the 42,000 barrel per day Poplar pipeline system after a weekend breach that sent as much as 1,200 barrels of crude oil into the River near Glendive, Montana

More than half a decade ago, a BP - operated oil rig spilled 4.9 million barrels of oil into the Gulf of Mexico, marking the largest spill of its kind in history and an environmental disaster of epic proportions.

As Barry said in the above article, when the Deepwater Horizon oil rig exploded in the Gulf of Mexico, erupting 60,000 barrels of oil into the ocean

Since going public in 1998, Enterprise has grown into one of the largest energy infrastructure companies in the world with approximately 50,000 miles of natural gas, natural gas liquids, crude oil and refined products pipelines and 260 million barrels of storage capacity.

For example: Company A enters into a forward contract to buy 1 million barrels of oil at $ 70 / barrel from company B on a future date.

Lets say last year when oil was $ 100 per barrel a bunch of companies saw a good return and put $ 100 million into a bunch of leases, boreholes, pumps, & c to return $ 10 million per year, and the market says yeah, they're all together worth 100M.

Ixtoc I, an oil well owned by Pemex, Mexico's state - owned oil company, suffered a blowout and spewed an estimated 30,000 barrels of oil per day into the Gulf for nearly 10 months.

Hurricane Harvey has barreled into the heart of the U.S. oil and gas industry, prompting the sudden evacuation of workers.

The fleeing Iraqi troops didn't just burn oil; they also opened valves sending some 8 million barrels of crude into the Persian Gulf, making that incident the biggest oil spill in history (so far).

According to stats gathered by Indigenous Peoples Issues & Resources, «between 1999 and 2008, across all of Endridge's operations there were 610 oil spills that released close to 132,000 barrels of hydrocarbons into the environment.»

The key issue here — far larger than the debate over a 17 % or an 84 % excess emissions per [barrel] of tar sands oil vs. light sweet crude — is highlighted by, [but] not put into full energy and climate context by, the compelling and depressing Charles Homans Foreign Policy article [link].

First, a deepwater drilling mishap off the coast of Brazil last month caused thousands of barrels of oil to spill into the Atlantic, which only after some dodging did Chevron take responsibility for, followed by Brazil's petroleum agency deciding to suspend the company's drilling rights altogether.

When a barrel of oil went from $ 32 to $ 11 and the Reagan administration cut funding for energy efficiency programs, the superinsulated, airtight house trend went into hibernation.

To put the 25,000 reporting threshold into perspective, it is the amount of pollution emitted from the annual energy use of about 2,200 homes, approximately 58,000 barrels of oil consumed, or 130 railcars of coal.

I can tell you that we, in the next seven to eight years, need to bring about 37.5 million barrels per day of oil into the markets, for two reasons.