Sentences with phrase «oil and gas reserves»

A combination of technical challenges and unstable legislative frameworks has led to the region's considerable known oil and gas reserves remaining underdeveloped.

A host of new infrastructure and downstream projects, coupled with aggressive strategies to exploit hard - to - access oil and gas reserves, is generating thousands of job opportunities across the supply chain.

Issue involved claimed failure to disclose value of oil and gas reserves in North Sea and elsewhere, accounting treatment of various assets, and proper accounting for asset transfers.

But in the last decade, the world's commercially viable («proven») fossil fuel reserves have increased: coal reserves have declined, but oil and gas reserves have more than made up for it.

The oil industry is increasingly looking towards the region, as oil and gas reserves become more accessible as climate change causes large areas of Arctic sea ice to melt.

In the U.S., most of our oil and gas reserves could be used.

The results suggest the Middle East holds half of total global unburnable oil and gas reserves, with more than 260 billion barrels of oil and nearly 50 trillion cubic metres of gas needing to remain untouched if we're to stay within budget.

Separately, 80 percent agree that increased access could help lower energy costs for consumers, 81 percent agree increased access to oil and gas reserves could help stimulate the economy and 85 percent agree increased energy access could lead to more U.S. jobs.

If a global climate deal makes good on that pledge, those coal, oil and gas reserves could become worthless, potentially losing investors trillions of dollars.

In the Middle East, significant shares of the region's oil and gas reserves would have to be left untouched.

From First Nations and allies in British Columbia standing up to the Kinder Morgan tar sands pipeline to civil society and frontline communities in Argentina demanding a different development pathway to avoid the dangerous exploitation of massive shale oil and gas reserves, the resistance is global.

Even with slightly generous estimates of remaining oil and gas reserves, the total level of global warming will be bad assuming we use them all up, but not catastrophic.

Meanwhile, ExxonMobil will be plowing over $ 100 billion into the search for new oil and gas reserves over the coming decade — all while they get to control the direction of renewable energy research at Stanford at a relative cost of 1/5 of 1 %.

To date, we have added about 1.5 trillion tons of CO2 from fossil fuel use (this is my recollection from papers by Meinshausen and others), and so by my very rough calculations, coal alone would permit us to contribute much more to atmospheric CO2 than we have already done, with a warming effect substantially greater than what we have already observed — and that is without counting oil and gas reserves.

So, if you look at all the proven oil and gas reserves left in the world, you begin to understand that you're not going to use all that up, first of all, because it just going to become too expensive once you get over the peak.

Lambasted as a «carve - up «deal by critics for barring several nations and environmental groups from participating, the U.S., Norway, Russia, Denmark and Canada agreed to abide by the 1982 Law of the Sea in managing the region's vast oil and gas reserves.

McKibben closes his case by highlighting research by the Carbon Tracker Initiative which reports that burning the total amount of coal, oil and gas reserves currently held by fossil fuel companies would release five times the amount of carbon needed to stay under the two - degree threshold.

Much of Russia's vast oil and gas reserves lie in difficult - to - access areas of the far North.

China's proven coal reserves are much larger than its proven oil and gas reserves and it imported nearly 51 percent of its oil in 2008.

Those wanting independence — the «Yes» camp — claim the country's renewable electricity potential and North Sea oil and gas reserves can provide cheap, clean energy for decades to come.

It is being driven by concerns about disruptive climate change and by the depletion of oil and gas reserves.

Politically, the current focus in North America is the development of the oil and gas reserves and the substantial increase in cross-border trade in these commodities.

yes, 2,795 is the number of gigatons of carbon already contained in the proven coal and oil and gas reserves in the hands of fossil - fuel companies and petrostates.

«When you look at the untapped oil and gas reserves in the Arctic, much of that is in our Exclusive Economic Zone.

«Brazil must expand its investments in renewable energy and keep oil and gas reserves on the ground.

In this first look at the reporting landscape of fossil fuel reserves, it is apparent extractive companies do not present the full picture of risks that some coal, oil and gas reserves may not be combusted.

We have an agreement between every country in the world to have a dramatic shift away from the use of fossil fuels, and yet still fossil fuel companies dominate our stock exchanges, and on the basis that they're going to utilise all of the assets, all of those oil and gas reserves, which we absolutely can't burn.

It is widely known within the energy community that there is enough solar energy reaching the earth each hour to power the world economy for one year, but few people know that the heat in the upper six miles of the earth's crust contains 50,000 times as much energy as found in all the world's oil and gas reserves combined.

At the new conference, both stressed that this would be in the funds» financial interests, both because energy companies have been underperforming compared to market indices and because any substantial global action to limit climate change could prevent the companies from exploiting all of their oil and gas reserves.

In addition to its potential as an energy transport conduit and wind - generating resource, the East China Sea also has oil and gas reserves.

Our total untapped oil and gas reserves on federal lands equal an estimated $ 50 trillion,» he continued, as the crowd roared in approval.

Sonangol collects billions of dollars a year in revenues on behalf of the Angolan government and controls other companies» access to Angola's oil and gas reserves, but does not publish its accounts and discloses little detailed information about its activities.

Last year Brazilian listed oil and gas companies spent over US$ 23 billion purely on exploration and production of more oil and gas reserves (see below).

We need a global programme whose purpose is to leave most coal and oil and gas reserves in the ground, while developing new sources of power and reducing the amazing amount of energy we waste.

Bloomberg New Energy Finance research estimates that these two sectors alone have the «reserves» equivalent to two fifths of Brazil's oil and gas reserves.

Brazil's listed oil and gas reserves, however, are small in the global perspective.

The shift is the result of surging oil and natural gas production using advanced hydraulic fracturing and horizontal drilling, harnessing oil and gas reserves in shale and other tight - rock formations.

captures how the financial reporting standards and listings rules often reference industry standards for reporting coal, oil and gas reserves.

And China, while busily building new coalfired power stations at the rate of one a week (it has already overtaken the US as the world number one CO2 emitter), has become the new imperial power in sub-Saharan Africa, using its substantial political and economic muscle to secure control of the raw materials needed for its future growth, in particular African oil and gas reserves.

The industry's greed only grows, fed by a clamor to exploit oil and gas reserves and continue to profit at the expense of people, wildlife, and the climate.

The map shows how the listings of coal, oil and gas reserves are distributed, indicating that capital markets are supporting the continued exploitation of fossil fuel reserves around the world.

Or maybe they have a shitload of oil and gas reserves that they'd really rather not have devalued by anyone actually deciding burning more fossil fuels would be suicidally stupid.

The report argues that «60 - 80 % of coal, oil and gas reserves of publicly listed companies are «unburnable» if the world is to have a chance of not exceeding global warming of 2 °C.»

Scientists have shown that most of the coal, oil and gas reserves such companies own will have stay in the ground if the global rise in temperature is to be kept under 2C.

Fossil fuel giant believes it will produce 80 per cent of its oil and gas reserves before 2030, as it seeks to navigate low carbon transition

On the contrary, the upper six miles of the earth's crust holds 50,000 times the energy embodied in the world's oil and gas reserves.

That has a clear implication for our fossil fuel consumption, meaning that humans can not burn all of the coal, oil and gas reserves that countries and companies possess.

Between 60 - 80 % of coal, oil and gas reserves of publicly listed companies are «unburnable» if the world is to have a chance of not exceeding global warming of 2 °C

China is building 3 coal fired power plants every two weeks, and the government is aggressively locking up oil and gas reserves in other countries.

«Investors in carbon - intensive business could see $ 6 trillion wasted as policies limiting global warming stop them from exploiting their coal, oil and gas reserves, according to a report.