Suncor Energy (TSX: SU), Canada's largest
oil and gas producer by market capitalization, said Wednesday an eight - week maintenance project at its Syncrude facility will begin Thursday almost three weeks ahead than originally planned.
Not exact matches
The push
by the U.S. energy industry into hydraulic fracking
and horizontal drilling unleashed an energy boom, making the United States the world's biggest
producer of natural
gas and just recently the second - largest
producer of
oil, surpassing Saudi Arabia.
The current $ 2.2 - billion bid
by Chinese state - owned Sinopec for Calgary's Daylight Energy marks the first time a Chinese company has attempted a 100 % takeover of a Canadian
oil and gas producer.
CALGARY — The closing date of Chinese
oil giant CNOOC's US$ 15.1 - billion takeover of Calgary - based
oil and gas producer Nexen has been extended
by 30 days to March 2.
We sourced the oilsands direct jobs figure from The Decade Ahead: Labour Market Outlook to 2022 for Canada's
Oil and Gas Industry, a 2013 Petroleum Human Resources Council report that was funded in part
by the Government of Canada
and The Canadian Association of Petroleum
Producers.
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.
In addition to
oil and gas producers, manufacturers worry about maintaining their access to the American market,
and whether they'll be hit
by new Republican protectionism — arising from the White House or Congress.
Like other exporters, Canadian
oil and gas producers have worried about protectionist rhetoric employed
by Mr. Trump,
and a border adjustment proposal in Congress that could effectively place an import tax on goods entering the U.S. market.
OTTAWA — The Harper government is buying itself some more time to deal with a political hot potato, extending a review of the controversial $ 15.1 - billion bid
by a Chinese state - owned company to acquire Calgary - based
oil and gas producer Nexen Inc (TSX: NXY).
Petro China Co., the biggest
oil -
and -
gas producer by volume in China, said its third - quarter net profit fell
by more than 80 %.
The immediate precipitator of course is Investment Canada's approval of two majority SOE investments in the
oil and gas sector: the $ 5 billion acquisition of
gas player Progress Energy
by Malaysian SOE Petronas
and the larger ($ 15 billion) acquisition of
oil producer Nexen Inc.
by CNOOC.
By: Esmarie Swanepoel 26th April 2018 Australian
oil and gas producer Woodside has signed a memorandum of understanding (MoU) with multinational Perdaman to supply
gas to the proposed $ 3.5 - billion coal - to - urea plant being developed on the Burrup Peninsula.
The data is unambiguous on current economic conditions - GDP growth in the last quarter of 2015 was a meager 2.11 % with full year growth of 2.79 % according to the National Bureau of Statistics (NBS); inflation rose sharply to 11.4 % in February with prospects of reaching 12 %
by March; capital markets have remained bearish; according to UNCTAD Nigeria's FDI fell
by 27.7 % to $ 3.4 billion in 2015,
and on current trends may fall even more precipitously in 2016; the de facto exchange rate of the Naira for most
producers and consumers is now N322 / $ even though CBN maintains a nominal N197 / $ for privileged persons; several economic sectors - construction, government, manufacturing,
oil and gas and hotels
and restaurants are in recession or barely out of it; government's official foreign reserves is down to $ 27.8 bn;
and unemployment
and under - employment rates have worsened 10.4 %
and 18.7 %
by the end of 2015.
The rules mark the first time the federal government has stepped in to enact protections to limit risks posed
by a technology that has been both criticized for causing environmental harm
and credited with making the nation one of the leading
producers of
oil and gas.
Recently published research documents that nearly two - thirds of the industrial carbon pollution released into the atmosphere since 1854 can be directly traced to the carbon extracted from the Earth
by just 90 entities — 83
producers of coal,
oil and natural
gas,
and 7 cement manufacturers.
The volume will only get larger, too:
oil and gas producers use at least 7.5 million liters of water per well to fracture subterranean formations
and release entrapped hydrocarbon fuels, a practice that has grown in the U.S.
by at least 48 percent per year in the last five years, according to the Energy Information Administration.
It has, in fact, worked so well that the United States will overtake Russia this year as the biggest combined
oil and natural
gas producer on the planet
and is expected to pass Saudi Arabia as the number one
oil producer by 2017.
Thanks to vast domestic shale reserves
and safe hydraulic fracturing, the U.S. is the world's leading
producer of
oil and natural
gas — which
by far has had the most to do with reducing U.S. net crude imports.
The United States is the world's leading
oil and natural
gas producer, thanks to vast shale energy reserves safely unlocked
by advanced hydraulic fracturing
and horizontal drilling.
Recently published research
by Richard Heede of the Climate Accountability Institute documents that nearly two - thirds, 63 percent, of the industrial carbon pollution released into the atmosphere since 1854 can be directly traced to the carbon extracted from the Earth
by just 90 entities — 83
producers of coal,
oil,
and natural
gas,
and seven cement manufacturers.
He argues in a series of recent reports to clients that, because of the rapid expansion of
oil and gas production from shale, America is likely to become
by 2020 the world's No. 1
producer of
oil,
gas and biofuels — eclipsing even the energy superpowers, Russia
and Saudi Arabia.
Purportedly set up to represent «small, independent
oil and natural
gas producers,» instead «Energy in Depth» is funded
by some of the largest
oil companies on the planet, such as Chevron, BP, Shell
and Occidental, along with the American Petroleum Institute
and other trade associations.
Technological breakthroughs in shale
gas and tight
oil production are poised to make the United States — not Saudi Arabia — the world's largest
producer of crude
oil as early as the end of the decade, according to the latest World Energy Outlook published
by the International Energy Agency (IEA).
That same month, the
Oil and Gas Climate Initiative (OCDI), an investment fund led by CEOs of 10 oil and gas producers, poured millions into ventures sporting «technologies and business models» able to potentially lower greenhouse gas emissions to a significant exte
Oil and Gas Climate Initiative (OCDI), an investment fund led by CEOs of 10 oil and gas producers, poured millions into ventures sporting «technologies and business models» able to potentially lower greenhouse gas emissions to a significant exte
Gas Climate Initiative (OCDI), an investment fund led
by CEOs of 10
oil and gas producers, poured millions into ventures sporting «technologies and business models» able to potentially lower greenhouse gas emissions to a significant exte
oil and gas producers, poured millions into ventures sporting «technologies and business models» able to potentially lower greenhouse gas emissions to a significant exte
gas producers, poured millions into ventures sporting «technologies
and business models» able to potentially lower greenhouse
gas emissions to a significant exte
gas emissions to a significant extent.
What I see is that
by using sunlight
and wind more efficiently coal,
gas,
and oil are more available for other uses, which their
producers certainly will exploit.
The quick reaction time
by some of the high - cost
producers, notably the American shale
oil drillers, is why one of the world's foremost oilmen, Sadad Al - Husseini, the former executive vice-president of Saudi Aramco, the world's biggest
oil and gas company, is becoming bullish on
oil even as Brent prices sink to the low $ 60s.
Recently published research documents that nearly two - thirds of the industrial carbon pollution released into the atmosphere since 1854 can be directly traced to the carbon extracted from the Earth
by just 90 entities — 83
producers of coal,
oil and natural
gas,
and 7 cement manufacturers.
The briefing scenario, prepared for a senior Environment Canada official attending an industry awards gala organized
by the Canadian Association of Petroleum
Producers (CAPP), suggested that
oil and gas companies didn't want a series of separate legislative changes, but rather an «omnibus» approach.
According to Algerian state media, the North African
oil and gas producer has plans to build a plant for the manufacture of solar panels, in an effort to draw 5 percent of its electricity from renewable sources
by 2015, Reuters reports.
Trump highlighted the Obama administration's regulatory onslaught on the energy industry —
and, indeed, our industry faces dozens of initiatives
by agencies across the breadth of the government that could needlessly constrain energy development
and derail an energy renaissance that has made the U.S. the world's leading
oil and natural
gas producer.
Current estimates indicate that
by 2020 the United States will be the dominant worldwide
producer of both natural
gas and oil and achieve energy independence.
Oil producers and refiners, along with manufacturers of steel, aluminum
and even home appliances, are fighting a proposal
by the Environmental Protection Agency that would make the amount of greenhouse
gas emissions that companies release —
and the underlying data businesses use to calculate the amounts — available online.
The worksheets available below constitute the details each entity's production of
oil & NGLs, natural
gas, coal,
and cement from as early as 1854 to 2010, as well as additional sources of emissions (such as vented CO2, flared CO2, own fuel use,
and vented or fugitive methane), non-energy uses of
oil,
gas,
and coal, emission factors for each fuel, calculation of emissions attributed to each Carbon Major
producer,
and several summary worksheets
by fuel
and for cumulative emissions
by all entities.
The United States is the world's leading
producer of
oil and natural
gas, the result of an American energy renaissance powered largely
by private investment
and safe
and responsible hydraulic fracturing.
Cumulative emissions from 1854 to 2010 traced to historic fossil fuel production
by the largest investor - owned
and state - owned
oil,
gas,
and coal
producers, in percent of global industrial CO2
and methane emissions since 1751.
For example, the chart below shows that, since the first quarter of 2013, 2015 capex budgets for some of the major
oil and gas producers have been revised downward
by $ 32.7 billion (i.e. 10 %).
Since the first quarter of 2013 (the earliest budgetary estimate for this year's capex projections that vary
by company) 2015 capex budgets for 19 major
oil and gas producers have been revised down
by $ 32.7 billion or 10 percent
Covington & Burling will open a new office in South Africa, to be led
by Ben Donovan, a project finance partner with experience in representing a wide range of infrastructure clients, including
oil and gas companies, government
and parastatal entities, independent power
producers, investment funds,
and lenders in,
and to, the development, acquisition, financing, restructuring,
and divestiture of energy
and infrastructure projects worldwide.
Represented Argentinian
oil and gas producer YPF relating to allegations brought
by the State of New Jersey
and Occidental Chemical concerning the pollution of the Garden State's Passaic River