Sentences with phrase «of oil activity»
The new suspension of oil activity marks an enormous win for the Belize Barrier Reef Reserve System World Heritage site, the wildlife that live there, and the hundreds of thousands of Belizeans who rely on the reef for survival.
https://www.worldwildlife.org/ Not exact matches
The international banker said all of these activities of the kingdom are for real and will push earnings positively, but it would be unrealistic to not think the market has reacted significantly to the crude oil rally.
Wages barely are keeping up with inflation, and oil prices have settled at a level that is unlikely to generate the kind of economic activity to which we had become accustomed before the 2014 - 15 crash.
That could throw a wrench in plans for the oilsands, which require high oil prices to remain profitable, and crimp much of the manic exploration activity in mining.
«According to the most recent assessment, the steady oil price recovery since summer 2017 and renewed interest in growth opportunities has led to oil majors catching up in terms of exploration activity this year, both in the shale industry and offshore deep water,» OPEC said.
Otto Energy says the sale of its Galoc oil field assets in the Philippines to Singapore - based energy company Risco Energy Investments for $ 113.4 million will help fund exploration activities for two years and return capital to shareholders.
Merger and acquisition activity in the oil and gas sector dropped to less than $ 1 billion in the first quarter of this year — the lowest since 1994, according to figures recently published in The Globe and Mail.
Marine services company MMA Offshore's net loss has widened to $ 144 million on the back of a previously flagged impairment and reduced activity in the oil and gas sector.
OSLO, April 18 - Offshore oil driller Seadrill plans to emerge from Chapter 11 bankruptcy in late June or early July to catch the rising wave of rig market activity, its chief executive told said on Wednesday.
«You're going to have spills when you have more activity,» Ron Ness, president of the North Dakota Petroleum Council, told a reporter with the investigative journalism organization Pro Publica, which documented more than 1,000 accidental oil spills in North Dakota in 2011.
While American oil production grew by some 850,000 barrels a day during that year, followed by an increase of 1 million barrels per day during 2013, it wasn't until recently that prices began to reflect the increased activity.
Companies in this industry lease out equipment for activities related to air, sea, and rail transport, as well as construction of highways, roads, tunnels, bridges, and oil drilling.
CNBC's Jackie DeAngelis discusses the morning activity in the commodities markets after oil surges on reports of an OPEC production deal.
OSLO, April 18 (Reuters)- Offshore oil driller Seadrill plans to emerge from Chapter 11 bankruptcy in late June or early July to catch the rising wave of rig market activity, its chief executive told said on Wednesday.
Fears of carbon emissions from human activity have the rest of the developed (and much of the developing) world taking steps to move away from oil.
«All year this reading has been in focus as activity in the US manufacturing sector, particularly driven by a decline in oil - related activity and the strengthening of the US dollar, has slowed,» Business Insider markets editor Myles Udland reports.
The bulk of the declines in activity related to lower energy prices has run its course, baring another significant down leg for oil prices.»
In North America, we see several meaningful differences from prior cycles, including a high level of oil - directed activity.»
In particular, industrial activity in emerging Asia now appears to be the dominant driver of oil - price movements (Chart 15).6
Groups including Dutch telecommunications group Altice, US conglomerates Honeywell and General Electric, UK oil major BP and French luxury group Kering are considering setting up independent companies for some of their activities as a way to generate value for shareholders.
LONDON (Reuters)-- Banks» metals - related revenues exceeded their earnings from the oil sector last year for the first time since 2014 as low and relatively stable crude prices discouraged hedging activity, but this is unlikely to be the start of a new trend.
The profitability of oil and natural gas development activity depends on both the prices realized by producers and the cost and productivity of newly developed wells.
The world's 50 biggest investment banks made revenue of $ 1.6 billion from trading, selling derivatives and other activities in metals last year, compared to $ 1.4 billion in oil, according to Coalition, a financial industry analytics firm.
«We've seen reduced client activity (in oil), reduced hedging from the corporates as well as low prices at the start of last year and low volumes.»
What we are seeing now is that energy - related activity has stopped declining and is transitioning to a new level that is commensurate with the current level of oil prices.
Specifically, lower oil prices have resulted in marginally less activity at some of the domestic shale oil fields.
The Federal Reserve Bank of Dallas has released its September Energy Indicators, outlining the activity in oil and gas in Texas.
From a strictly legal perspective, the relevant question is not whether there is a sufficient connection to any particular existing or proposed oil sands development or other production activity, and certainly not whether such projects or activities were included in the Terms of Reference (ToR), but rather simply whether the GHGs associated with the production of bitumen that will be transported by the NGP are an «environmental effect» of that project (see NGP Report, Volume II, Appendix 4, Terms of Reference, which defines «environmental effect» very broadly to mean «any change that the project may cause in the environment.»
The price of oil largely reflects the level of global economic activity.
The Permian is the heart of modern oil and gas activity, with well over 300 rigs operating and tremendous growth set to continue.
Mayan Energy, the AIM listed oil and gas company, has announced a new gas discovery at Stockdale field, in Wilson County, Texas, as part of its ongoing development activities at the Morris 1 well.
We did not consider that there was a sufficiently direct connection between the project and any particular existing or proposed oil sands development or other oil production activities to warrant consideration of the effects of these activities.
Canadian investors account for about 15 % of the worldwide financing activity in oil & gas exploration.
Recent data on oil rig activity and the capital expenditure plans of oil and gas firms suggest that investment in the sector has begun to increase this year.
Russia's economy has absorbed the shocks from oil and sanctions, and there are signs of a nascent turnaround, although economic activity will still contract by 0.6 percent this year
«The economy has absorbed the dual shocks from oil and sanctions, and there are signs of a nascent turnaround, although economic activity will still contract by 0.6 percent this year.
Excluding residential construction, from 2009 through 2014, 73 % of the increase in Canadian capex is attributable to oil and gas extraction and support activities.
Refining and production are, for the most part, separate activities — they don't benefit much from integration in the physical sense (oil sands upgrading from mines is a bit of an exception, since the waste heat from the upgrader can feed the extraction plant).
The Trump administration wants to ease restrictions on oil and gas leasing and other activities across a huge swath of the American West that were put in place to protect an imperiled bird.
Market Focus Middle East Investment Banking Although investment bankers remain cautious about Middle Eastern prospects in the wake of falling oil prices, M&A activity and debt issuance remain bright spots.
The Fed said Hurricane Harvey was responsible for most of the decline by depressing oil drilling, petroleum refining and other industrial activity.
If there's a bright spot for the province, however, it's that the ongoing disruption of Alberta oil sands production — estimated by the Conference Board of Canada to be about 1.2 million barrels a day, comprising nearly $ 1 billion in economic activity — has contributed to a rally in global oil prices that could give producers, and therefore the Alberta economy, a badly - needed lift once production is finally back on - line (assuming, of course, the fires are eventually extinguished and oil sands operations escape serious damage).
That caused a huge drop - off of oil - field activities, likely leading to a big first - quarter sales drop for equipment distributor Distribution NOW (NYSE: DNOW), or NOW.
Management believes that the non-GAAP measure of Adjusted EBITDA is useful as an indicator of an oil and gas exploration and production company's ability to internally fund exploration and development activities and to service or incur additional debt.
This could be positive for a commodity price (such as in Oil), as the increased economic activity will likely lead to greater sales of energy products.
These regulations provide a framework for issuing leases, easements and rights - of - way for OCS activities that support production and transmission of energy from sources other than oil and natural gas.
During this same period, activity on the crude oil futures market — as measured by the number of contracts outstanding, trading activity, and the number of traders — has increased significantly.
The Midstream segment is engaged in the gathering and compression of natural gas, oil and NGL production of, and in the provision of water services to support the well completion activities of, Rice Energy and third parties.»
Companies whose businesses are dominated by either of the following activities: The construction or provision of oil rigs, drilling equipment and other energy - related service and equipment, including seismic data collection.
The USA Operations include the exploration for, development of, and production of natural gas, oil and NGLs, and other related activities within the United States.