Similarly, National Bank Financial analysts published a report this week that suggested there were reasons to be optimistic about a handful of
oil and gas producers even though «regulatory and fiscal headwinds continue to challenge the Canadian sector, creating a difficult investment environment.»
Not exact matches
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.
Cruise lines, craft beer
and wine
producers (
even foreign ones), car dealers, private equity,
and oil and gas pipeline managers did particularly well in the congressional frenzy to rewrite the tax code.
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.
The coal,
gas and oil companies that are major
producers of greenhouse
gases are finally taking notice of these high - level political discussions,
and many have mounted spirited public relations exercises to defend themselves,
and even win endorsements of their products.
Dr. Thorning: S. 2028 might well increase dependence on foreign
oil since producing domestically will become
even more costly due to the need for
producers to pay for the right to emit carbon as they produce
oil,
gas and coal.
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.
Even Exxon Mobile, the largest
oil and gas producer in the world, is urging the Trump Administration to remain a participant, calling the agreement an «effective framework for addressing the risks of climate change»
and the «first major international accord» to reduce greenhouse
gas emissions.
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.
U.S.
oil and gas system methane emissions also represent just 10.5 percent of the world's total
oil and gas methane emissions,
even though we are the largest
oil and natural
gas producer in the world.
However, some Redditors suggested that miners would wait for the price growth to compensate for their losses
even if they have to operate some time with a lesser profit or with no profit at all, similar to
gas and oil producers that do not shut down their operations because of the current decline of prices.