Sentences with phrase «of more oil»

but also a fan of more oil shale development (nay!).
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).
[7] Indeed, what they are advocating for is construction of vast new fossil fueled power plant capacity as a way to provide cheap CO2 to facilitiate extraction of more oil.
That is we have to end all mining of any more coal, all pumping of any more oil, and all fracking (or otherwise extracting) of any more NG, and we have to stop all this massive UN-sequestration of otherwise - safely - buried carbon as quickly as possible if not much, much sooner.
The sequel to Chillingos physics puzzler brings gallons of more oil for you to play with.
The sequel to Chillingos physics puzzler brings gallons of more oil for you to play with.
It does remove oil from hair, but I have not found that it strips the hair in a way that stimulates the production of more oil if that makes sense.
In a practice known as enhanced oil recovery (EOR), CO2 gas is pumped into existing wells to force the release of more oil.
He said there was the need for the Federal Government to continue to support the endeavour which he said would help in the provision of more oil and gas for the country and bringing about agricultural revolution in that area.
Green groups oppose the project on the basis that pipeline expansion encourages the extraction of more oil and the release of the greenhouse gases that cause climate change.

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.
I put more faith in futures markets than in private sector and budgetary forecasts, but given the recent escalation of oil prices, there is a reasonable chance prices end up matching or exceeding the estimates in Budget 2016.
This is further evidence, he argues, of the need for pipelines to more safely move Canadian oil.
Saudi Arabia's state - owned oil behemoth had planned to begin trading on the country's domestic stock market — the Tadawul — and one or more foreign exchanges in the second half of 2018.
More than half of the world's oil fuels transportation like cars, trucks, and planes.
NEW YORK, May 1 (Reuters)- Oil prices slid more than 1 percent on Tuesday as the dollar remained near a four - month high, but worries that U.S. President Donald Trump will pull out of the Iran nuclear deal underpinned the market.
The higher the oil price the Saudis (or OPEC) target and possibly reach, the more areas in the U.S. would be profitable to drill and add to the global oil supply, potentially wiping out the effect of the cuts and depressing oil prices again.
In a country that relies on oil for more than 70 percent of its GDP8 (gross domestic product), diversifying the economy is a critical issue,» concludes Yves Duteil.
Fresh sanctions on Iran could result in a reduction of the country's oil exports, which would strain global supplies even more, especially given the discipline of the Organization of the Petroleum Exporting Countries (OPEC) and their partners in sticking to an agreement to limit output.
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.
China and India bought more than half of the oil.
Oil has dropped more than six per cent since closing at a two - year high of $ 110.53 on Sept. 6.
Since then, it's been more timid than the two other Chinese state - owned oil companies, Sinopec and China National Petroleum Corp. (parent company of PetroChina) investing in North America.
Even more amusing was the realization that the Quebec maple syrup industry maintains a «global strategic reserve» in much the same way that countries keep mass stockpiles of oil or grain.
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.»
A strong dollar makes greenback - denominated oil more expensive for holders of other currencies.
Train tracks and tanker cars weren't built to accommodate trains carrying loads of heavy crude oil, making the trains more likely to derail.
The public outcry from an environmental disaster such as an oil spill or violating the pay laws of your employees will cost your business much more than the expenses of being socially responsible.
«The Petro is really a top - down hierarchically controlled asset, and its much more akin to a new way to tokenize oil,» he added, noting that when the first gold ETF appeared, they weren't considered gold, but a different way of packaging the commodity.
Oil companies have slashed spending, scrapped new projects, slashed tens of thousands of jobs, renegotiated supply contracts and increased borrowing in order to weather the more than halving of oil prices since June 20Oil companies have slashed spending, scrapped new projects, slashed tens of thousands of jobs, renegotiated supply contracts and increased borrowing in order to weather the more than halving of oil prices since June 20oil prices since June 2014.
Crude oil has helped the Saudi stock market race ahead of the rest of the world this year, but the rally is about more than energy, as reforms from Crown Prince Mohammed bin Salman receive investors» endorsement.»
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 %.
Oil prices slid more than one per cent on Tuesday as the US dollar remained near a four - month high, but worries that US President Donald Trump will pull out of the Iran nuclear deal underpinned the market.
As oil prices have fallen, defaults in the sector have risen — about a quarter of all corporate bond defaults in 2015 were energy related, according to Moody's — and that's made traders even more reluctant to buy.
But van Beurden has been slimming down his portfolio of oil projects with the intent of keeping only those lean enough to make good returns in a world in which oil prices average no more than $ 40 a barrel, well below the average price over the past decade.
Finally, the prices of oil and gasoline fell, and gasoline usage was again down slightly: Gasoline prices fell $.12 more last week to $ 3.57.
That plan was nowhere near as broad in scope as the new Trump oil drilling proposal, which would make available drilling rights in more than 90 % of the continental shelf.
Downstream companies make money on the difference between the price of crude and the price of the refined petroleum extracted from it (a difference known as the «crack spread»), while midstreaming is a volume business (ship more oil, earn more money).
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.
Last March, Royal Dutch Shell said it was selling most of its stake in Canada's oil sands, a vast project that has extracted millions of barrels of sticky, gooey hydrocarbons from the ground in a process that resembles mining more than drilling.
EOG, too, gets much of its oil from fracking, but it has invested particularly heavily in scientists and technology to help it drill more accurately.
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.
The oil price collapse has made a number of companies more attractive.
Canadian Business spoke to more than a dozen leading experts to gather their advice for surviving — perhaps even thriving — in a world of cheap oil.
So, while low oil prices will make this a trying quarter for the entire energy industry, companies with a more balanced portfolio of assets should fare better than the pure - plays.
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 test.
Total produced 2.703 million barrels of oil equivalent per day (boe / d) in the first quarter, driven by ramp - ups and new acquisitions, up more than 5 percent compared to the same period in 2017, and above analysts» estimates of 2.663 million boe / d.
Oil and gas traders, Bailey says, received alerts about the death of the King of Saudi Arabia more than four hours before crude prices spiked on the news.
They continue to use Canadian milk in an era when much of the «ice cream» on the shelves is really frozen dessert, more vegetable oil than cream.
The far - reaching consequences of the recent drop in oil prices have been a testimony to just how central crude is in American life: With cheap gasoline bringing more drivers onto the road, traffic deaths were up nearly 10 percent in the first nine months of 2015.
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