Sentences with phrase «oil and natural gas up»

It's well - known that there are deposits of oil and natural gas up there, and of course the oil companies want access to them.

Not exact matches

On Thursday, it announced it would reduce its production guidance for the year by about 10,000 barrels of oil equivalent per day to an average of about 315,000 boe / d, with exit production of about 335,000 boe / d, to account for lower heavy oil production, an advanced schedule for maintenance at its Tucker oilsands project and a slower ramp up in liquids - rich natural gas output from its BD Project in Indonesia.
Meanwhile, profits were up 50 percent at $ 3.5 billion in Exxon's business exploring for and producing oil and natural gas
Earlier this month YPF's CEO Miguel Galuccio announced a five - year plan to invest up to $ 7 billion annually to recover from declining oil and natural gas output.
It's going to cost her $ 3,200 to get a lab to test for all the acids, detergents and poisons that companies say they use for fracking — or hydraulic fracturing — to break up underground shale and remove oil and natural gas.
This is in contrast to other, sunnier reports on Arctic melt, which detail the possible «good» this melt will have — opening up shipping lanes, increasing fishing, and even allowing us to access minerals, natural gas, and oil in the ocean bed.
The gold and copper miner, which also drills for oil and gas, has seen its bottom line dry up as the price of each of those natural resources has fallen sharply recently.
All the while, the industry thrived financially under a combination of high oil prices, low natural gas prices (a major input cost), recession - induced relief from cost inflation and a reduced cost of capital as majors and foreign national oil companies gobbled up wobbly juniors.
The bureau estimated that up to a billion barrels of oil and up to 4 trillion cubic feet of natural gas could be recovered.
The province's oil and natural gas revenue is projected to shoot up by 54 per cent to the highest level in three years, but those three years combined will be equal to what a good year used to be for Alberta's coffers.
But with the crude oil export ban lifted and liquefied natural gas (LNG) exports on the rise, landowners like Rosinski are starting to question whether or not giving up their land to serve these private aims qualifies as «public good.»
After becoming CEO in 2006, Tillerson led Exxon through more than a decade of ups and downs that included the late Hugo Chavez's seizure of Venezuelan oil fields, annual profits that set U.S. corporate records, and a 2010 shale acquisition that turned into a $ 35 billion wrong - way bet on natural gas.
Oil up a second session as potential for U.S. withdrawal from Iran nuclear pact grows Natural - gas prices settle at a 2 - week lowOil finishes higher Thursday, as traders worried that a potential U.S. withdrawal from the Iran nuclear agreement and the International Monetary Fund's threat to expel Venezuela from the international coalition of nations will lead to tighter global crude supplies.
On Thursday, it announced it would reduce its production guidance for the year by about 10,000 barrels of oil equivalent per day to about 335,000 boe / d to account for lower heavy oil production, an advanced schedule for maintenance at its Tucker oilsands project and a slower ramp up in liquids - rich natural gas output from its BD Project in Indonesia.
PetroDollars, launched by New York - based Signal Capital Management, allows individuals and organizations to use a peer - to - peer exchanged digital currency that's backed by the value of crude oil and natural gas, announced Monday it will hold an initial coin offering of up to $ 700 million...
SINGAPORE, Oct 30 (Reuters)-- The outlook for oil and natural gas markets remains bleak for the rest of the year and much of 2016, meaning there will be no let up in pressure to control costs, executives from two European energy majors said.
In addition, Calgary - based Crescent Point Energy Corp. confirmed months of speculation that it had built up a sizeable land position in the Duvernay formation, spending roughly $ 112 million buying up 335,000 acres in the play, with deposits of light oil, natural gas, liquids like butane, propane and pentane.
«We need a representative in Albany who will stand up to powerful oil and natural gas companies, support renewable energies, and preserve our environment for future generations.
The Independent Oil and Gas Association of New York is stepping up efforts to educate New Yorkers about the financial benefits that come from increasing natural gas development throughout upstaGas Association of New York is stepping up efforts to educate New Yorkers about the financial benefits that come from increasing natural gas development throughout upstagas development throughout upstate.
About 15 times as much oil and natural gas is used as fuel than ends up in consumer products ranging from soaps, shampoos and deodorants to air fresheners, glues and cleaning sprays.
Oil companies are coming up with strategies to convert natural gas into liquid fuels like gasoline and home heating oil — at prices below $ 20 a barrOil companies are coming up with strategies to convert natural gas into liquid fuels like gasoline and home heating oil — at prices below $ 20 a barroil — at prices below $ 20 a barrel.
Coal, oil and natural gas still account for 67 percent of energy use in the United States, a figure that sums up the nation's conflicted stance on renewable energy.
Trump has also promised to «lift restrictions on the production» of shale, oil, natural gas and clean coal — such a move would increase the market share of fossil - fuel power, and could drive emissions up.
As if burning oil and all of its derivatives wasn't bad enough for the environment, there's also the natural gas that bubbles up as the oil is pumped out.
Udall states on his Web site that he has fought the Bush administration's efforts to open up the Roan for drilling «because not every place that can support oil [and natural gas] drilling should be drilled in my view,» the candidate says.
The oil itself does not appear to help the phytoplankton, but the low concentration of oil found above natural seeps isn't killing them, and turbulence from the rising oil and gas bubbles is bringing up deep - water nutrients that phytoplankton need to grow, according to a new study appearing in the latest issue of Nature Geoscience.
Gas hydrates — a mixture of ice and methane — are found only under high pressure and at cold temperatures, and they are expected to make up a significant portion of the energy mix once existing oil fields dwindle, says David Scott, manager of the Northern Resources Development Program for Natural Resources Canada.
The output from these wells makes up 43 percent of the oil production and 67 percent of the natural gas production in the United States, according to the agency.
It had gone from economic oblivion to the production of over 10 percent of the nation's oil production in little more than a decade, and natural gas production had shot up with it.
Insiders say the most vulnerable are the National Accelerator Centre near Cape - town, home to a number of particle accelerators, including a powerful cyclotron used for medical, biological and physical research; Mossgas, the multi-billion rand project set up to beat oil sanctions by pumping natural gas ashore from beneath the Indian Ocean; and the Koeberg nuclear power plant at Melkbosstrand.
At the state level, the Lab Team has been working with the Department of Conservation's Division of Oil, Gas, and Geothermal Resources (DOGGR) to provide technical expertise for the development of new beefed - up safety regulations for natural gas storage wells in CalifornGas, and Geothermal Resources (DOGGR) to provide technical expertise for the development of new beefed - up safety regulations for natural gas storage wells in Californgas storage wells in California.
The conduit, which will utilize a converted natural gas line for much of its route, should be in service by late 2017 for deliveries to Quebec and 2018 for New Brunswick, promising a new slug of both sweet and sour crude that could reshape the Atlantic Basin oil market and open up new markets.
The Independent Petroleum Association of America argued in a statement that the ICR «should have been a real opportunity for the decision - makers at EPA to better understand the complexities of the U.S. oil and natural gas industry» but that «ended up not being the case.»
Professor Frank proposes that civilisations might in their collapse trigger the conditions needed for oil, gas and other natural reserves to be built up.
And that is an underestimate of the amount of brine, fracking fluid and other contaminated water that flows back up a well along with the natural gas or oil, because it is based on incomplete data from state governments gathered in 20And that is an underestimate of the amount of brine, fracking fluid and other contaminated water that flows back up a well along with the natural gas or oil, because it is based on incomplete data from state governments gathered in 20and other contaminated water that flows back up a well along with the natural gas or oil, because it is based on incomplete data from state governments gathered in 2007.
If the price of oil rises, the share price for an oil and natural gas will go up, no matter where it is headquartered.
If you want to work in the booming oil and natural gas industry, most of the major companies are grabbing up geologists like they are going out of style.
We study the price volatility, chart patterns, fundamental aspects and come up with intraday trading signals / recommendation / advice for you in gold, silver, copper, crude oil, natural gas and other base metal traded in COMEX.
The macro outlook isn't that great, especially for natural gas, but the company does a good bit of oil and liquids as well as gas, and the prices for these have held up quite well.
Trinidad, which builds and operates oil and natural gas rigs, makes up a full 65 % of Johnson's holdings, and he still considers it a buy, despite that fact that it's been falling since mid-May.
When the weather heats up later this year, the price for oil and natural gas securities should come down.
A current example of this is found in the recent Wall Street Journal article about Repsol (PINK: REPYY), the Spanish oil giant, seeking to acquire up to $ 10 billion in oil and natural gas assets in North America so as to have more secure holdings.
Natural Gas increases almost the same amount +50 QuadBTU — iow Gas use is increasing each year as fast as «renewable & hydro» energy is — Oil also goes up significantly and Coal use remains the same.
If you were to grind up asphalt roads and process them with natural gas and steam, you could make «road oil».
The urgency has ramped up as other countries have pushed ahead to file their seabed claims under the treaty, as high energy prices have propelled new plans to seek some of the huge deposits of oil and natural gas that geologists say are probably sitting up north, and as tourists are heading north in fast - growing numbers.
In my letter, I wrote, «Were it not for George's determination, we would be on course to spending $ 100 billion a year to import liquefied natural gasand our oil imports would be going up and up.
And in Japan, the quick suspension of nuclear power generation after the Fukushima disaster led to more natural gas and oil use, pushing emissions up 1 percent to 336 million tons in 20And in Japan, the quick suspension of nuclear power generation after the Fukushima disaster led to more natural gas and oil use, pushing emissions up 1 percent to 336 million tons in 20and oil use, pushing emissions up 1 percent to 336 million tons in 2012.
While it's a possibility, such an outlook totally ignores the economic feedbacks like the run - up in oil and natural gas prices.
Would it surprise you to learn that — once again — we vanquished the natural gas industry - funded Sierra Club, which teamed up with Big Oil to fight to replace Millstone with natural gas and a dash of renewables?
As oil and coal fall back and renewables ramp up strongly, natural gas becomes the largest single fuel in the global mix in the Sustainable Development Scenario.
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