Sentences with phrase «of crude oil in»

India gathers around 759.59 million tonnes crude oil in its energy basket and is the fourth largest consumer of crude oil in the world after United States, China and Russia.
That pipeline had a leak that spilled over 100,000 gallons of crude oil in California last week (21,000 gallons of which went into the ocean at Refugio State Beach).
And in other news, Germany imported 91 million tonnes of crude oil in 2016 while it produced only 2 million tonnes from the country's 50 oil fields.
There are 42 gallons of crude oil in a barrel so 11 million gallons would equal about 261,904 barrels.
Imagine putting little balls of crude oil in your petrol tank.
Chemical engineers use a helicopter equipped with a flamethrower — known as a helitorch — to set fire to a test spill of crude oil in Prudhoe Bay, Alaska, in 1994.
The term is also used more generally to describe a host of unconventional extraction techniques, such as horizontal drilling, which have helped make the United States the top producer of crude oil in the world.
The lubricant of the global economy is having a fire sale: a barrel of crude oil in Texas now costs less than $ 50.
This Canadian province — only slightly smaller than Texas — exported more than $ 52 billion worth of crude oil in 2011 because it's «one of the few places in the world where you can actually mine oil,» notes Cameron Brown, director of advocacy at the Alberta Ministry of International and Intergovernmental Relations.
Following months of exploration activities, Borno State has joined the club of states producing oil in the country with the discovery of crude oil in the...
According to the Organisation of Petroleum Exporting Countries (OPEC), Angola is currently the largest exporter of crude oil in Africa.
«Everybody is aware that we only rely on petroleum and the price of crude oil in the international market has gone down beyond what we expected and the little we have and we could also sell at the lower price, we can not afford to fold our arms and let anybody to take us to ransom and that is what the president has said.
He lamented over what he regarded as era of extinction of crude oil in the world, saying the sharp drop in the global prices of crude oil was a signal to the fact that government at all levels need to shift face to agriculture.
The Federal Government has warned that Nigeria will begin feeling the impact of the declining price of crude oil in the global market from this November...
The shipment was not declared to the relevant authorities, resulting in the shortfall of 499,048 barrels of crude oil in the value of $ 54,895,280 as revenue to the Federal Government.
As far back as 2015, the primate had prophesied that discovery of crude oil in Lagos and it is published on page 99 of the WTN 2014/15 edition.
This fact was derived from the United Nations Conference on Trade and Development Commodity Yearbooks which show «Third World» commodity exports by value in the period 1970 — 1998 as being in order of crude oil in first place, Kona in second, followed by sugar, cotton, and others.
The top producer of crude oil in Africa will become the 21st member of Barclay's government bond index at the start of 2013.
Of the total exports, the share of crude oil was about 12.5 percent to the gross export value, thereby augmenting the role of crude oil in Canada's external trade.
Based on the stats provided by Natural Resources Canada, the country is the fifth - largest producer of crude oil in the world after the United States, Saudi Arabia, Russia and China.
He sold 44 percent of the stock around the lows of crude oil in 2009, and the rest over a period of time until 2013.
Texas imported 1.9 mb / d of crude oil in May, while the Gulf Coast also exported 0.75 mb / d.
For the longest time, OPEC and Russia have been pulling out all the stops to limit the production of crude oil in the East, while shale producers in the West have only been taking advantage of these efforts to ramp up their own output.
According to the Bilur website, this price is calculated daily against the Standard & Poor's Platts Dated Brent assessment — the benchmark appraisal of physical cargoes of crude oil in the North Sea.
The geophysicist at Rice University in Houston estimates we have the second - largest deposits of crude oil in the world — as much as 2.5 trillion barrels of bitumen buried in the oilsands of Alberta.

Not exact matches

Prime Minister Stephen Harper lent support to the 1,200 - kilometre, $ 6 - billion pipeline that would carry more than 500,000 barrels a day of crude oil from Edmonton through the Rockies to Kitimat, B.C., where it could be transported by tanker to markets in the U.S. and Asia, including China.
In addition to the underperformance from the energy sector after U.S. military strikes in the Mideast, big oil stocks like Exxon Mobil and Chevron, which have a longer history than the ETFs, as well as the price of crude oil, have also trailed the markeIn addition to the underperformance from the energy sector after U.S. military strikes in the Mideast, big oil stocks like Exxon Mobil and Chevron, which have a longer history than the ETFs, as well as the price of crude oil, have also trailed the markein the Mideast, big oil stocks like Exxon Mobil and Chevron, which have a longer history than the ETFs, as well as the price of crude oil, have also trailed the market.
Andurand, who runs oil hedge fund Andurand Capital Management LLP, wrote in a string of tweets on Sunday that companies may be less willing to risk investment in long term oil projects because of low crude barrel prices and a predicted peak in electric vehicle demand.
Its crude oil production in the Atlantic region fell by about 14 per cent due to the 10 - day suspension of its SeaRose floating production, storage and offloading vessel in January after an investigation into its response to a close call with an iceberg.
With the ability to refine and upgrade crude in Canada and 75,000 barrels per day of committed capacity on the existing Keystone pipeline, Husky says it can grow its heavy oil production without exposure to the WCS - WTI discounts until at least 2021.
Transporting sand, drilling pipe, and crude oil furnished only 4.5 % of UP's volumes at the peak in 2014.
In the face of low crude oil prices, the company focused on natural gas, which had stronger rates.
A rebound in oil prices following the 2014 collapse of the crude market has somewhat curbed the need for such a large IPO, sources told the Wall Street Journal.
A lot has changed in crude oil markets in North America in the last few years, and these changes have had significant impacts on the value of Western Canadian crude production.
In supporting analysis for the Keystone application in 2006, Purvin and Gertz forecast that, demand in the midwest oil administrative district «would grow and that increasing supplies of Canadian crude oil could handle this growth in addition to offsetting declining U.S. domestic production.&raquIn supporting analysis for the Keystone application in 2006, Purvin and Gertz forecast that, demand in the midwest oil administrative district «would grow and that increasing supplies of Canadian crude oil could handle this growth in addition to offsetting declining U.S. domestic production.&raquin 2006, Purvin and Gertz forecast that, demand in the midwest oil administrative district «would grow and that increasing supplies of Canadian crude oil could handle this growth in addition to offsetting declining U.S. domestic production.&raquin the midwest oil administrative district «would grow and that increasing supplies of Canadian crude oil could handle this growth in addition to offsetting declining U.S. domestic production.&raquin addition to offsetting declining U.S. domestic production.»
The Eagle Ford crude oil tanker sails out of the the NuStar Energy dock at the Port of Corpus Christi in Corpus Christi, Texas, U.S., on Thursday, Jan. 7, 2016.
Canadian crude oil exports, in 1000s of barrels per day, to US Petroleum Administration Districts for Defence (PADDs).
Fire crews have extinguished a fire that raged in Oregon after a Union Pacific Corp train carrying crude oil derailed on Friday and burst into flames near the Columbia River in the town of Mosier., the Federal Rail Administration said.
The decreases are largely the result of the oil glut and all - time lows for crude prices — last year, mining, oil producers, and metal companies lost a combined $ 70 billion on $ 1.3 trillion in revenue.
In 1986, while in charge of crude oil supply and strategic planning in the refining and marketing division at Petro - Canada, Thompson saw the worst downturn of her careeIn 1986, while in charge of crude oil supply and strategic planning in the refining and marketing division at Petro - Canada, Thompson saw the worst downturn of her careein charge of crude oil supply and strategic planning in the refining and marketing division at Petro - Canada, Thompson saw the worst downturn of her careein the refining and marketing division at Petro - Canada, Thompson saw the worst downturn of her career.
Buried in statistics released by the Energy Information Administration this week indicating the United States is exporting more crude oil than it has in 15 years is a still more startling fact: «Almost all of the crude oil exported from the United States has been delivered to Canada.»
Oil transportation by rail has grown astronomically, to about 140,000 carloads of crude in 2013 from 500 carloads in 2009, according to the Railway Association of Canada.
Authorities said a tank of crude oil or asphalt exploded about 10 a.m. at the Husky Energy oil refinery in Superior, a city of...
But if it's longer than that — which does look possible — we're going to see a significant rise in the price of crude oil, and in the price of refined products, especially in Western Canada.»
While the short position Chanos has in Alibaba has not worked out, Yusko was right on one of his most bearish calls in recent years: In early 2015 he predicted oil would hit $ 30 when many thought crude had already hit a bottoin Alibaba has not worked out, Yusko was right on one of his most bearish calls in recent years: In early 2015 he predicted oil would hit $ 30 when many thought crude had already hit a bottoin recent years: In early 2015 he predicted oil would hit $ 30 when many thought crude had already hit a bottoIn early 2015 he predicted oil would hit $ 30 when many thought crude had already hit a bottom.
Potential U.S. sanctions on sales of light crude to Venezuela's oil company PDVSA would hamper its already weak refining network while leaving at least one tanker in limbo, according to a source from the state - run firm and Thomson Reuters data.
Pipeline outages in Iraq and Nigeria have removed more than 800,000 barrels of crude oil per day from the market for at least the next two weeks.
They had heard about the work we had done and introduced me to the problem of crude oil testing and how it's very difficult to do in that field.
In the crude oil market, we found that accuracy of testing relied much more heavily on operator judgments in how they executed and / or interpreted the tesIn the crude oil market, we found that accuracy of testing relied much more heavily on operator judgments in how they executed and / or interpreted the tesin how they executed and / or interpreted the test.
U.S. oil giants Exxon Mobil and ConocoPhillips both left huge crude projects in Venezuela's Orinoco Belt after President Hugo Chavez nationalized them as part of his socialist revolution.
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