Sentences with phrase «of oil development»
Useful quantitative measures of the increasing ecological impacts are provided by the history of oil development in Alberta, Canada for production of both conventional oil and tar sands development.
http://journals.plos.org/ Not exact matches
The price of oil has risen to its highest since late 2014 this month, driven by concern over the potential for disruption to Iranian crude flows, but analysts say the degree of uncertainty hanging over the deal means the market is extremely sensitive to any developments.
These are some of the most significant developments in the oil saga for quite some time.
Tuesday vote was taken hard in Canada where development of the oil sands is important to Alberta's budget.
«Today, the focus is on oil markets, where prices have risen on the back of rising supply risk from developments in Iraq,» wrote Camilla Sutton, chief FX strategist at Scotiabank.
But developments in the oil and gas industry and an influx of new residents are putting pressure on local amenities, as Alison Birrane reports.
Pardy expects we'll see a gradual shift out of integrated oil companies and into riskier, more volatile exploration - and - development and oilfield services stocks that can offer more upside, although he stresses that you can't lose sight of the companies» balance sheets.
Energy giant Woodside Petroleum will proceed with development of its $ US1.9 billion ($ A2.6 billion) Greater Enfield oil project in the Carnarvon Basin.
The Panel excluded any discussion of the environmental impacts of oil sands development, although they did allow the consideration of increased oil prices generated by the pipeline on the taxes and royalties associated with forecast future oil sands production.
The Company's capital investment in the development of oil and natural gas properties and other capital expenditures, before the change in accounts payable, was approximately $ 250 million in the quarter and includes several Wattenberg wells being turned - in - line approximately two weeks ahead of schedule.
A dispute between Tap Oil and one of its substantial shareholders has escalated after the operator of the company's flagship Manora oil development served joint operator Northern Gulf Petroleum with a $ 35 million default notiOil and one of its substantial shareholders has escalated after the operator of the company's flagship Manora oil development served joint operator Northern Gulf Petroleum with a $ 35 million default notioil development served joint operator Northern Gulf Petroleum with a $ 35 million default notice.
When combined with the Company's existing 10,000 barrel per day agreement for in - field gathering with Oryx Midstream Services and planned investment of approximately $ 20 million in its own oil gathering system in 2018, PDC believes this agreement ensures its ability to successfully produce and deliver volumes in accordance with its current development plan.
Abramovich was in Fribourg court as part of a lawsuit brought by the London - based European Bank for Reconstruction and Development against Abramovich, Russian oil tycoon Eugene Shvidler, and the Russian energy company Gazprom Neft, a bank spokesman said Wednesday.
«As the oil and gas industry becomes mature there, companies are going to have to have a bunch of sub-sea systems that will have to be monitored,» said Dean Richter, a retired navy submarine captain and director of development for maritime transportation systems for New Jersey - based QinetiQ North America.
What will also be an issue, potentially for legal appeal, is what the Joint Review Panel didn't consider: the impacts of oil sands development.
Including Gateway, Enbridge's North American oil pipeline program «is probably the biggest capital expansion in the history of the company,» says Vern Yu, vice-president for business and market development.
The recent agreement between oil - and - gas giants BP and Rosneft to explore and develop the hydrocarbons of the Russian Arctic brought the long - term potential of northern development back into the global spotlight.
«As natural resources become strained in other parts of the world, the Canadian Arctic will be an increasingly attractive place to do business,» he says, «whether that's thanks to oil - and - gas development or alternative energy.»
If the oil majors were to attempt to be more disciplined this time around, the resulting rise in prices would simply accelerate the development of alternative sources of supply, as well as curbing demand growth.
But the real life Bakken is also suffering from a lack of interest, a development that doesn't bode well for the oil - producing region.
Five years ago, says Gheit, the industry needed oil at $ 90 to justify the development of new production of U.S. oil shale.
While the Obama administration put commercial leasing on hold, then, elsewhere in the federal government people have been feverishly researching ways to facilitate the development of America's oilsands and oil shale.
The debate over TransCanada Corp.'s Keystone XL oil pipeline has forced Americans to confront their complicity in the development of Canada's oilsands.
Environmentalists oppose the project because it will encourage the development of Canada's oil sands, a type of oil resource that requires more energy to tap than conventional reserves.
This stance is interesting since the industry has recently been seen to downplay the role of new pipelines in enabling oilsands development given the rise of oil - by - rail.
Among the factors that could cause actual results to differ materially are the following: (1) worldwide economic, political, and capital markets conditions and other factors beyond the Company's control, including natural and other disasters or climate change affecting the operations of the Company or its customers and suppliers; (2) the Company's credit ratings and its cost of capital; (3) competitive conditions and customer preferences; (4) foreign currency exchange rates and fluctuations in those rates; (5) the timing and market acceptance of new product offerings; (6) the availability and cost of purchased components, compounds, raw materials and energy (including oil and natural gas and their derivatives) due to shortages, increased demand or supply interruptions (including those caused by natural and other disasters and other events); (7) the impact of acquisitions, strategic alliances, divestitures, and other unusual events resulting from portfolio management actions and other evolving business strategies, and possible organizational restructuring; (8) generating fewer productivity improvements than estimated; (9) unanticipated problems or delays with the phased implementation of a global enterprise resource planning (ERP) system, or security breaches and other disruptions to the Company's information technology infrastructure; (10) financial market risks that may affect the Company's funding obligations under defined benefit pension and postretirement plans; and (11) legal proceedings, including significant developments that could occur in the legal and regulatory proceedings described in the Company's Annual Report on Form 10 - K for the year ended Dec. 31, 2017, and any subsequent quarterly reports on Form 10 - Q (the «Reports»).
Both Abu Dhabi and Dubai are encouraging the development of theme parks to help boost foreign tourist arrivals as oil prices slump, causing an economic slowdown in the region.
#WITH a 28 per cent success rate in the exploration of the Timor Sea region, there is currently a strong industry focus on offshore and onshore oil and gas development.
«Let's say there's a subsea development of a field,» says Lorenzo Simonelli, who runs the oil and gas business.
WOODSIDE Petroleum Ltd plans to fast track development of its wholly - owned Enfield oil field in permit WA -271-P on the North West Shelf.
«Each purchase of a white Coca - Cola can supports: false testimony on global warming; perpetration of the myth about endangered polar bears... activism to fight the development of affordable coal, oil and natural gas; hypocrites who won't follow their own recommendations; and expansion of already excessive environmental regulations.
With regard to the Fed's observation on oil prices, Yellen said it is «one of the most important developments shaping the global outlook.»
Papa, CEO of Centennial Resource Development, is a closely followed figure in the U.S. shale drilling world, where producers rely on advanced techniques to coax oil and gas from tight rock formations.
«There's a question of whether going along with the approval of the Northern Gateway pipeline will make LNG development in B.C. more challenging by angering First Nations so adamantly opposed to the oil sands pipeline,» said George Hoberg, a professor at the University of British Columbia's school of forestry and founder of UBCC350, a group pressing for action on greenhouse gas emissions.
In a matter of hours, Aschidamini can pool together top - tier resumes and form well - oiled offshore teams for any industry, from marketing to tech development — regardless of the project brief.
THE new millennium could mark major hydrocarbon developments for Chevron Australia Pty Limited, a wholly - owned subsidiary of US oil and gas giant Chevron Corporation.
It adds that «approval or denial of the proposed project is unlikely to have a substantial impact on the rate of development in the oil sands, or on the amount of heavy crude oil refined in the Gulf Coast area.»
BOEM seeks a wide array of input, including information on the economic, social, and environmental values of all OCS resources, as well as the potential impact of oil and gas exploration and development on other resource values of the OCS and the marine, coastal, and human environments.
The Alberta government's revision of the Mine Financial Security Program (MFSP) continues down a wrong - headed path where the province is willing to take on environmental risk to enable oil sands development.
The report does envision scenarios in which oil sands development is curbed by a combination of lower oil prices and a lack of pipeline capacity.
I have been involved in the buying and selling along with the development of oil and gas producing properties in many states over 100's of wells.
Executive director Ed Whittingham lambasted the government's «five - year track record of failing to meaningfully tackle greenhouse gas pollution and avoiding federal responsibility for oil sands development.»
The rules require «resource extraction issuers» to disclose payments that are made to further the commercial development of oil, natural gas, or minerals, and are generally consistent with the types of payments that the Extractive Industries Transparency Initiative (EITI) suggests should be disclosed.
As a result, capital flowed into the development and over-production of marginally profitable unconventional oil because of high coupon yields compared with other investments.
Meanwhile, continued development of shale oil and gas in Pennsylvania, Ohio, West Virginia, and elsewhere has helped reduce U.S. dependence on foreign energy and brought back thousands of manufacturing jobs.
But the steep tumble from $ 100 - per - barrel oil has helped cut short the age of big, multi-year mine developments, forcing companies to shelve other large projects; analysts expect smaller, more modular expansion projects from here on in.
Their sample included a lot of small OPEC countries, who necessarily had high growth and low interest rates when oil prices were high, as well as a lot of Asian countries that followed the Japanese development model and themselves practiced financial repression, which of course made them pretty useless as points of comparison.
A Pembina Institute study from 2009 estimated the costs to reclaim what was then 686 square miles of oil sands developments and 170 square miles of tailings ponds would run as high as $ 15 billion.
On the other side of the ledger, an oil spill in Burrard Inlet would put at risk industries, including tourism, real estate and agriculture, that together employ over 200,000 people, according to Vancouver - based CRED (Conversations for Responsible Economic Development), a non-profit research and advocacy group.
Irving Oil said it expects engineering and design work would begin in 2015 to coincide with developments of the west - to - east pipeline, which still requires environmental approval.