Sentences with phrase «of oil moved»

The oil used for transporting coal would be reduced by a factor of about 20,000 for every tonne of oil moved because the energy density of nuclear fuel is about 1/20, 000 of coal.

Twenty years after the Exxon Valdez ran on the rocks in southern Alaska, the amount of oil spilled from ships has dropped sharply even as the amount of oil moved by sea has risen.

Ultimately, though, the State Department finds that an increase in the amount of oil moved by rail will allow new oil sands production to come on - stream whether or not new pipelines are built.

«I'm really confident that as we move into the second half this year and into the first half of 2019, we're going to be seeing very material volumes of oil moving by rail,» he added.

Not exact matches

This is further evidence, he argues, of the need for pipelines to more safely move Canadian oil.

There have been a number of high - profile derailments of trains — including one by UP — carrying shale oil, much of which is produced in new drilling areas without established pipeline networks and must be moved by rail.

CALGARY, Alberta, May 2 - The chief executive of Canada's Suncor Energy Inc said on Wednesday he expected Prime Minister Justin Trudeau to move in the «next few weeks» to ensure that Kinder Morgan Canada's Trans Mountain oil pipeline expansion goes ahead.

His first move is to slash the costs of his operation in an attempt to position Shell better than its competitors to profitably ride Oil Age's tail.

During oil's deep decline, Schlumberger offered to drill in oilfields that were on hiatus in exchange for a share of future production, a move that was «very controversial» and has yet to pay off, says Colin Davies, an analyst at Bernstein.

But if we didn't get the right people with the right skills to move, we might solve the problem of restaurant workers, but we wouldn't solve the problem of engineering for the oil sands.»

That could increase the likelihood of Saudi stocks moving in tandem with oil prices — despite the kingdom's long - term goal to try to diversify its economy away from oil.

Obama this week moved to permanently ban future oil and gas leasing in parts of the Arctic and Atlantic.

For somebody who had never been to New Orleans, but moved there initially to teach and then a year later left the classroom to start a company, I've seen firsthand just how much the community has invested in bringing in and retaining young people who really want to contribute to rebranding the city, bringing it from, old oil and gas and just tourism really into the 21st century with lots of high - tech, high - growth businesses.

I expect, however, that there will be three first - order effects that will be very similar to those that followed the BP spill: 1) increased public consciousness of the dangers inherent in transporting oil and oil products and more aversion to having these products moved nearby; 2) increased calls for alternatives to oil rather than alternative means of transporting oil; and 3) decreased trust in regulators» and firms» abilities to sufficiently mitigate risks from transporting oil.

He thinks the US economy will expand by 2.9 % in 2018 and inflation may breach 2.5 % in the first half of the year because of the short - term moves in oil and the dollar.

In this case, oil prices would rise above US$ 100 / bbl again and the C$ would be above parity by the end of 2012 with the TSX energy, materials, and industrial sectors moving higher.

Siv Jensen, finance minister of Norway, told CNBC about the impact of moving oil prices on the country's economy.

And plenty of market watchers think supply disruptions will be contained because Saudi Arabia, the world's top oil producer, is moving to cover Libya's lost barrels.

Over the past decade or so, Keller has refocused all of Cascade's business units around the dual themes of reducing customers» use of oil and helping them move to zero waste.

Recent reports that China's large state - owned oil companies are considering an outright purchase of 5 percent of Saudi Aramco, a move that Saudi Arabia is rumored to be considering in lieu of the Aramco IPO, should be seen in this context.

If Alberta wants a more efficient and cohesive Canada to move its oil and fill its jobs, it ought to recognize the benefits of national cooperation in other areas as well — and be prepared for the give - and - take that gets that done.

It was a stunning move against one of France's most powerful tycoons, whose Bollore Group has vast holdings from transport and media to the oil sector.

«Hence, the fear of deflation driven by an acute oil price collapse receded, allowing bond yields to move higher,» he added.

Different estimates have put the chance of accidents moving oil via rail at between three and 34 times that of pipeline transport.

Venezuela launches a new oil - backed digital currency Tuesday, in a move the government hopes will help pull the country out of a deepening economic crisis.

Venezuela launches a new oil - backed digital currency Tuesday, in a move the government hopes will help pull it out of an economic crisis.

Analysts interpreted this move as an attempt to squeeze higher - cost producers, including U.S. shale oil, out of the market.

March 27 - Reliance Industries Ltd said on Tuesday its unit would sell some of its shale assets in the United States to privately held Sundance Energy Inc for $ 100 million, as the Indian oil - to - telecom conglomerate moves closer to exit U.S. shale investments.

The move was heavily signaled ahead of the decision but the oil producers had earlier indicated they could exit the deal if they feel the market was overheating.

CNBC's Jackie DeAngelis reports oil prices are moving higher as natural gas trades at the low end of the range.

CNBC's Jackie DeAngelis reports oil prices are moving higher on news of the U.S. airstrike on Syria.

The move to 100 % of the Montney project is a major coup for Calima that will be sure to raise its profile with the oil and gas heavyweights of North America who are eager to get a share of the action in the liquids - rich basin.

Agriculturally rich with a decent amount of oil, Vietnam is wasting no time to rapidly develop its manufacturing sector and move up the value chain.

In the last couple of months, oil has tended to move inversely to the dollar, as weakness in the currency makes it cheaper for non-U.S. investors in crude to buy and vice versa.

Publicly traded oil companies have lost billions in market value, and both public and private firms are moving aggressively to cut capital spending budgets for 2015 — laying off thousands of workers and shutting down hundreds of rigs.

The transit costs of moving crude by rail from North Dakota across the country tips the balance in favor of foreign oil.

The red flags of an imminent U.S. embargo on Venezuelan crude are already apparent, according to an oil analyst, with ramifications of such a move likely to exacerbate an unprecedented economic meltdown.

Blackstone's Foley added that oil will still be part of the equation in 25 years, despite a move to electric cars and lower long - term production.

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.

Activists in four states were arrested after they cut padlocks and chains and entered remote flow stations to turn off valves in an attempt to stop crude moving through lines that carry as much as 15 % of daily U.S. oil consumption.

Protest group Climate Direct Action said the move was in support of the Standing Rock Sioux Tribe, which has protested the construction of a separate $ 3.7 billion pipeline carrying oil from North Dakota to the U.S. Gulf Coast over fears of potential damage to sacred land and water supplies.

There will also be a move to renewables, but they can't replace the output of an oil well or a nuclear plant.

Maduro has also reportedly ordered several state - owned companies, including an oil and natural gas company and aluminium and gold producers, to use the Petro for a percentage of their sales and purchases moving forward.

«I keep highlighting the bizarrely bullish ways that stocks are trading and sometimes they're totally in your face, like this simultaneous move in the price of oil and the airline stocks.»

CALGARY — Cenovus Energy Inc. (TSX: CVE) is raising $ 1.5 billion through the sale of 67.5 million common shares in a move aimed at shoring up its balance sheet in the face of oil prices that have fallen to half the level of June.

Poloz's bold and unexpected move to cut rates this year — not once, but twice — has been credited for dampening the impact of the sharp drop in global oil prices on the Canadian economy.

Over the coming year, lower energy costs (and other comodity costs) will benefit consumers and as oil prices rise, 80 % of U.S. oil production will move to breakeven then substantial profit.

Moving viscous Canadian oil in tank cars used to be «more of a temporary fix» to transportation bottlenecks that earlier this year pushed prices for Western Canada Select to US$ 40 below the West Texas intermediate benchmark, he said.

Neoliberals have persuaded the public to believe that banks are needed to «oil the wheels of commerce» — that is, provide the credit bloodstream that brings nourishment to the economy's moving parts.

World liquids production surplus of deficit (12 - month moving average) and Brent oil price.