Sentences with phrase «of oil infrastructure»

First of all, the vulnerability of our oil infrastructure is extraordinarily greater — close to double.

I have a story in Science Times on new research showing that these «subsidized predators» are having a significant impact on migratory birds that next within three miles or so of oil infrastructure.

President Muhammadu Buhari, on Tuesday at the State House in Abuja held a high - level meeting with leaders and other stakeholders to seek ways to end the militancy and the sabotage of oil infrastructure in the Niger Delta region.

Not exact matches

NEW DELHI, May 1 - India asked Japan on Tuesday to help build infrastructure needed to boost the usage of liquefied natural gas in India and elsewhere in Asia, India's oil minister Dharmendra Pradhan said after a meeting with Japan's trade minister Hiroshige Seko.

And yes, the Dow has a heavy component of large industrial and energy companies which have recently soared on expectations that President Trump and his administration will sponsor new infrastructure spending projects and oil pipeline expansion.

Olea Australis» managing director Tony Sparks said the proceeds of the additional placement would assist in current and planned capital projects to expand infrastructure and operating capacity to meet the increasing levels of olive oil production as well as provide additional working capital.

«With the financial support provided by Siva along with the strong base in the Dandaragan operations, the resulting quality of our extra virgin olive oil, the establishment of relationships with key bulk buyers, and the expansion of infrastructure and operating capacity, the Olea Australis Group intends to achieve its goal of an on going sustainable business that is a long - term participant in the continued growth of extra virgin olive oil in Australia and throughout the world.»

For oil and gas companies that want to install drilling and pumping infrastructure there, continuous monitoring of conditions above, below and at the surface of the water will be integral, and right now drones are the only feasibly deployable technology that can collect and relay all that data in a cost - effective manner.

It has a relatively evolved CSR infrastructure, covering everything from procurement of sustainable seafood to palm oil to paper.

After a period of prolonged low oil prices, many offshore drillers are focusing on tying new wells in the Gulf of Mexico to existing infrastructure, rather than investing billions in new offshore platforms, he said.

Some ETFs seek to replicate the performance of specific sectors, such as infrastructure or healthcare, while others track particular commodities such as gold, oil or natural gas.

The speech to the «Oil and Money» conference in London presents an overall vision for transforming Canada from a continental energy player to a global energy powerhouse, a vision that includes improved trade relations with Asia and a major expansion of infrastructure — pipelines, in other words — to get Alberta oil to far - flung markeOil and Money» conference in London presents an overall vision for transforming Canada from a continental energy player to a global energy powerhouse, a vision that includes improved trade relations with Asia and a major expansion of infrastructure — pipelines, in other words — to get Alberta oil to far - flung markeoil to far - flung markets.

Speaking at the CERAWeek by IHS Markit conference in Houston, Cornyn and Alaska Republican Sen. Lisa Murkowski warned the taxes could hold back investments in oil and gas infrastructure, alienate allies and water down the benefits of tax cuts and deregulation.

He was previously CEO of oil and gas infrastructure company Gulf Ooil and gas infrastructure company Gulf OilOil.

• NuStar Energy (NYSE: NS) agreed to acquire Navigator Energy Services, a Dallas - based provider of infrastructure services to oil and gas producers, from First Reserve for around $ 1.5 billion.

In addition to tax changes (more on that below), Trump's plan to grow the economy focuses largely on generating more jobs in the fossil fuel economy (in coal and onshore and offshore drilling for oil and gas) and as a result of new infrastructure projects.

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»).

Such optimism must somehow reconcile with all the forces conspiring against Canadian oil: the lack of pipeline infrastructure or «takeaway» capacity, the occasionally gaping price discount applied to Western Canada Select, the renaissance in oil production unfolding in the U.S., rising Canadian production costs and the flight of investor money out of commodities.

Spooked investors afraid of Trump's trade war, slowing economy, technicals lagging, retails lagging, inventory too high, supplies too low, dollar too weak, yen too strong, infrastructure this, cash flow that, debt too high, oil higher today but lower tomorrow, and who knows what else which will be totally unimportant Continue reading →

Backed by a vast network of equipment, technology and personnel, our unparalleled infrastructure positions us to provide emergency response, environmental, field and industrial and oil and gas field service solutions to customers across a wide spectrum of industries.

Beyond the actual gas project and LNG sales, China's state - run shipping conglomerate COSCO has also secured a 50 percent stake in the four LNG shipping carriers serving Yamal.90 Chinese engineers and workers have been deployed to the Yamal Peninsula to help construct surrounding infrastructure, which includes a Chinese - produced polar drilling rig.91 Moreover, a Chinese oil and gas rig producer now provides Russia with about 60 percent of its imported oil rig supplies, indicating that China is becoming a dominant player in this sphere.92 Chinese media recently hailed Yamal as an example of China's construction and engineering prowess and a symbol of its transformation into an Arctic player.93 In return for China stepping into support the project, senior officials from Novatek, the main shareholder of the project, announced that the first LNG shipment would symbolically go to China.94 But a British subsidiary of Malaysia's Petronas purchased the first shipment of Yamal LNG and sold it to France's Engie, which then shipped the cargo to its Boston import facility for American use.95 Western sanctions on Novatek, Russia's largest independent national gas producer and a company with close ties to the Kremlin, made Yamal's pivot to China possible, as sanctions forced Russia to find an alternative source of investment and technology.

According to its website, this is the «largest energy infrastructure in North America,» owning interest or operating more than 80,000 miles of pipelines that transport natural gas, crude oil and more.

«The Achilles heel of the industry may be that people are very resistant to construction of necessary infrastructure,» stated the report, which was sponsored by half a dozen oil and gas companies and two law firms representing them and included a list of the type of people opposing pipelines and their motivations.

A lack of oil - moving infrastructure to handle the rising volumes of crude from western Canada put domestic oil on sale.

Florida has little to no supply - side infrastructure — negligible levels of oil production and refining capacity.

Moreover, because Canada is a landlocked market with infrastructure that only allows for the export of crude oil to the U.S., the U.S. does not have to compete with any other customers for heavy oil from Canada.

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«The region's oil transport infrastructure is already overbuilt, with some 60 percent of its capacity currently unutilized.»

In the case of oil, pipeline and infrastructure politics continue to limit Canada's access to oil markets in both the United States and Asia.

The letter, which goes on to call the development project «vital infrastructure», was written in response to the filing of a B.C. reference case that will question whether the province has the power to regulate the flow of oil and gas across provincial borders.

Porter also said he is frustrated by the lack of progress on energy infrastructure — particularly on the Energy East project, a pipeline proposed by TransCanada Corp. (TSX: TRP) that would ship 1.1 million barrels of Alberta oil per day to refineries in Eastern Canada.

No infrastructure existed that was capable of moving the immense new quantities of oil to refineries and shipping depots.

Rather than follow a disastrous road taken by some of her predecessors, and slash funding to government services while the price of oil is low, the NDP government is taking an opportunity to invest in much needed public infrastructure when the economy is slow and the price is right.

India asked Japan on Tuesday to help build infrastructure needed to boost the usage of liquefied natural gas (LNG) in India and elsewhere in Asia, India's oil minister Dharmendra Pradhan said after a meeting with Japan's trade minister Hiroshige Seko.

According to Mr. Prentice, it is because there are currently more sellers than buyers in the oil patch (and with the new Investment Canada restrictions, Canada has just ruled out an important set of prospective buyers); because Canada has an infrastructure deficit (not enough facilities to get the product to the right markets — Keystone XL etc); and due to the impact of foreign investment rules.

Separatists groups in the Niger Delta have been wreaking havoc on Nigeria's oil infrastructure and output over the past couple of months.

This will have a catastrophic effect on the oil industry through price collapse (an equilibrium cost of $ 25.4 per barrel), disproportionately impacting different companies, countries, oil fields and infrastructure depending on their exposure to high - cost oil.

However, Libya is certainly the only example of an oil - rich Arab country where the periphery remains dominant; usually the economic requirements of the extractive industries necessitate nationwide infrastructure and coherent chains of command.

API New York BlueRock Energy Buffalo Niagara Partnership Capital Region Chamber of Commerce Central Hudson Chautauqua County Chamber of Commerce Chemung County Chamber of Commerce Constitution Pipeline Cortland County Chamber of Commerce D.A. Collins Delaware Engineering Dominion Energy Eastern NY District Council of Laborers Energy Coalition New York Energy Equipment and Infrastructure Alliance EnergyMark, LLC Engineers Labor - Employer Cooperative (ELEC 825) General Contractors Association of NY Hudson Valley Building & Construction Trades Council Independent Oil & Gas Association of NY (IOGA - NY) Independent Power Producers of NY (IPPNY) International Union of Operating Engineers Local 825 (IOUE 825) Iroquois IUOE Local 825 Joint Landowners Coalition Laborers District Council of Eastern NY Laborers Local 17 LECET Fund Manufacturers Association of the Southern Tier Millennium Pipeline National Fuel Gas Company National Federation of Independent Business North Country Chamber of Commerce NYS Building & Construction Trades Council NYS Conference of the International Union of Operating Engineers NYS Economic Development Council NYS LECET Fund (Laborers - Employers Cooperation & Education Trust) Orange County Partnership Otsego County IDA Penn - York Land Services Corp..

Inc. • Ambient Environmnental, Inc. • API New York • BlueRock Energy • Buffalo Niagara Partnership • Capital Region Chamber of Commerce • Central Hudson • Chautauqua County Chamber of Commerce • Chemung County Chamber of Commerce • Constitution Pipeline • Cortland County Chamber of Commerce • D.A. Collins • Delaware Engineering • Dominion Energy • Eastern NY District Council of Laborers • Energy Coalition of New York • Energy Equipment and Infrastructure Alliance • EnergyMark, LLC • Engineers Labor - Employer Cooperative (ELEC 825) • General Contractors Association of NY • Hudson Valley Building & Construction Trades Council • Independent Oil & Gas Association of NY (IOGA - NY) • Independent Power Producers of NY (IPPNY) • International Union of Operating Engineers Local 825 (IOUE 825) • Iroquois • IUOE Local 825 • Joint Landowners Coalition • Laborers District Council of Eastern NY • Laborers Local 17 LECET Fund • Manufacturers Association of the Southern Tier • Millennium Pipeline • National Fuel Gas Company • National Federation of Independent Business • North Country Chamber of Commerce • NYS Building & Construction Trades Council • NYS Conference of the International Union of Operating Engineers • NYS Economic Development Council • NYS LECET Fund (Laborers - Employers Cooperation & Education Trust) • Orange County Partnership • Otsego County IDA • Penn - York Land Services Corp. • Unshackle Upstate • Upstate New York Laborers District Council • U.S Chamber of Commerce's Institute for 21st Century Energy • USA Compression • Williams Pipeline.

The militants have damaged what little infrastructure existed in the country's underdeveloped north at a time when the government is facing a cash crunch as a result of the free - falling oil price.

«The government is spending more on infrastructure than previous administrations, despite earning barely half of what the country earned from oil between 2011 and 2014 when the product was selling for an average of $ 110 per barrel.

In the light of the crash in global crude oil price, which is Nigeria's main foreign exchange earner, the devastating actions of aggrieved militants on oil and gas infrastructure in the oil - rich Niger Delta which has resulted in lock - in or leakages of crude oil, sometimes in excess of one million barrels that could have been exported daily, and the consequential rapid decline in the well - being of the masses, the urgency to fix the Nigerian economy by changing tactics from sole reliance on oil, becomes more poignant and urgent, hence the need for international experts to aid diversification efforts of the government.

For months, the United States has been frustrated by the Islamic State's ability to keep producing and exporting oil — what Defense Secretary Ashton B. Carter recently called «a critical pillar of the financial infrastructure» of the group — which generates about $ 40 million a month, or nearly $ 500 million a year, according to Treasury Department estimates.

It is time to not only ban fracking, but halt new investments in fossil fuels and related infrastructure, including pipelines, gas - fired power plants, fracking waste dumps, fossil fuel storage depots in the salt caverns by Seneca Lake, LNG exports at Port Ambrose, crude oil «bomb trains,» and a tar sands oil heater at the Port of Albany.

«For years, through a campaign of scare tactics and misinformation, the oil and gas industry has made expanding fossil fuel infrastructure seem like the only choice,» he said.

However, in spite of oil prices being an average of $ 100 per barrel and about 2.1 m barrels a day, that great piece of luck was squandered and the country's social and physical infrastructure neglected.

As Nigeria's economy suffers a near recession due to the falling oil prices, with 27 States out of 36 states in the country needing bail - out funds to offset salary arrears, Lagos has been witnessing an unprecedented influx of people from far and near, thereby putting pressure on social infrastructure and security.

On May 20, 2015, nine days BEFORE the government was inaugurated, I laid out «Policy Prescriptions» - diversification of production, government revenue, and exports; imperative of a strong and credible economic team and cabinet; targeting «opportunity sectors» (solid minerals, refining and petrochemicals, a new and realistic fiscal regime for upstream oil and gas, private sector investments in power and infrastructure, agro-processing, retail and construction); freeing «up resources from downstream petroleum sector deregulation» emphasizing «an economic reality in which hard decisions including some previously rebuffed by the opposition will have to be taken» a clear reference to the petrol subsidy which government waited a full year before countenancing the critical decision!