Sentences with phrase «oil equivalent by»

Coal consumption will climb to 4.32 billion tons of oil equivalent by 2017, nearly matching oil consumption of about 4.4 billion, the Paris - based agency said in its first Medium - Term Coal Market Report.

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.
An Environmental Defense Fund - commissioned study by consultancy ICF International found that Canada's oil and gas industry could achieve a 45 per cent methane emission reduction at an average cost of $ 2.76 per tonne of carbon dioxide equivalent.
Fossil fuel usage, meanwhile, is expected to hit its ceiling in 2030 at 2.93 billion tons of oil equivalent with coal expected to continue as the top energy source for China by 2050.
Total produced 2.703 million barrels of oil equivalent per day (boe / d) in the first quarter, driven by ramp - ups and new acquisitions, up more than 5 percent compared to the same period in 2017, and above analysts» estimates of 2.663 million boe / d.
By contrast, China's annual consumption of low - carbon (i.e. renewable and nuclear) energy will rise, on average, by the equivalent of 600 million tons of oiBy contrast, China's annual consumption of low - carbon (i.e. renewable and nuclear) energy will rise, on average, by the equivalent of 600 million tons of oiby the equivalent of 600 million tons of oil.
By April 24, funds held a record net long position in U.S. gasoline equivalent to 111 million barrels as well as a net position in heating oil equivalent to 69 million barrels (https://tmsnrt.rs/2JEyL9A).
For comparison, shipping costs for a barrel of oil by pipeline and tanker from Edmonton to China were estimated at less than $ 8 / barrel in the TransMountain Pipeline Expansion application — equivalent to $ 1.36 / GJ.
COPENHAGEN, Oct 9 - Danish oil and shipping group A.P. Moller - Maersk said on Tuesday Maersk Oil was targeting an entitlement oil production level above 400,000 barrels of oil equivalent per day by 202oil and shipping group A.P. Moller - Maersk said on Tuesday Maersk Oil was targeting an entitlement oil production level above 400,000 barrels of oil equivalent per day by 202Oil was targeting an entitlement oil production level above 400,000 barrels of oil equivalent per day by 202oil production level above 400,000 barrels of oil equivalent per day by 202oil equivalent per day by 2020..
Global coal consumption grew by just 0.4 % (15 million tonnes oil equivalent or Mtoe)-- its slowest rate since the Asian crisis in 1998 — while production fell by 0.7 % or 28 Mtoe.
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.
Instead, The RSPO (Roundtable on Sustainable Palm Oil) Book & Claim option, GreenPalm can cover the entire cake by supporting RSPO certified producers for an amount of palm oil / palm kernel oil equivalent to that used in the caOil) Book & Claim option, GreenPalm can cover the entire cake by supporting RSPO certified producers for an amount of palm oil / palm kernel oil equivalent to that used in the caoil / palm kernel oil equivalent to that used in the caoil equivalent to that used in the cake.
GreenPalm allows manufacturers to offset their palm oil, palm kernel oil (PKO) and palm kernel expeller (PKE) use by buying GreenPalm certificates representing an equivalent volume that has been produced in line with Roundtable on Sustainable Palm Oil (RSPO) principles and criteroil, palm kernel oil (PKO) and palm kernel expeller (PKE) use by buying GreenPalm certificates representing an equivalent volume that has been produced in line with Roundtable on Sustainable Palm Oil (RSPO) principles and criteroil (PKO) and palm kernel expeller (PKE) use by buying GreenPalm certificates representing an equivalent volume that has been produced in line with Roundtable on Sustainable Palm Oil (RSPO) principles and criterOil (RSPO) principles and criteria.
Just one area of concern for your Australian readers is advocating consumption of palm oil - 87 % of world consumption is sourced by our nearby neighbours via deforestation in Malaysia and Indonesia - the equivalent 0f 300 football fields is cleared every hour.
We have: • normalized the domestic yield curve • issued the country's maiden 15 - year bond in April 2017 • improved external balances, driven by higher export earnings and lower imports • improved gross international reserves to US$ 7.2 billion, equivalent to 4.1 months of imports cover • improved primarybalanceto0.3 percent surplus in September 2017 against a deficit of 1.6 percent in September 2016 • received positive sovereign rating reviews from international ratings Agencies: Fitch, B / stable; Standard & Poor, B - / positive • successfully completed the 4th IMF / ECF program review, and • achieved positive developments in the oil & gas sector — favorable ITLOS ruling, and Sankofa producing 1st oil three months ahead of schedule.
The installation at the site of the former Town of Ulster landfill is expected to generate 2,360 MWh of clean electricity each year, roughly equivalent to the electricity generated by burning 2 million pounds of coal or 4,000 barrels of oil.
According to a U.S. Supreme Court decision on June 25, oil giant ExxonMobil will pay the equivalent of 24 hours» worth of petroleum sales to the people impacted by the 11 million gallons of crude oil spilled into Prince William Sound in Alaska.
Americans, for example, consumed 8.6 tons of oil or its commercial energy equivalent per capita in 2007, according to data kept by British Petroleum; Indians consumed just 0.4 ton per capita.
So while India gained 17 million people in that year and the U.S. gained three million, by this simplified math the U.S. growth in population counted for the equivalent of an additional 25.6 million tons of oil consumed, whereas India's much greater growth counted for only 6.6 million additional tons.
Global natural gas consumption grew by 2.2 percent to 2,987 million tons of oil equivalent (mtoe) in 2012 — more than triple the consumption recording in 1970, according to the report.
Launched in mid-2010 after 3 years of technical consultation, the Yasuni ITT project was lauded by foreign governments and environmental groups as an innovative way to fight global warming: Not exploiting the Ishpingo - Tambococha - Tiputini (ITT) oilfields in Yasuni National Park will, according to the United Nations Development Programme (UNDP), prevent the emissions of around 410 million metric tons of carbon dioxide — equivalent to the annual emissions of France and accounting for 20 % of Ecuador's known oil reserves.
$ 8 billion) over first ten years for deficit reductionObeys PAYGO; Starting in 2026, 25 % of auction revenues for deficit reductionFuels and TransportationIncrease biofuels to 60 million gallons by 2030, low - carbon fuel standard of 10 % by 2010, 1 million plug» in hybrid cars by 2025, raise fuel economy standards, smart growth funding, end oil subsidies, promote natural gas drilling, enhanced oil recoverySmart growth funding, plug - in hybrids, raise fuel economy standards $ 7 billion a year for smart growth funding, plug - in hybrids, natural gas vehicles, raise fuel economy standards; offshore drilling with revenue sharing and oil spill veto, natural gas fracking disclosureCost ContainmentInternational offsetsOffset pool, banking and borrowing flexibility, soft price collar using permit reserve auction at $ 28 per ton going to 60 % above three - year - average market price» Hard» price collar between $ 12 and $ 25 per ton, floor increases at 3 % + CPI, ceiling at 5 % + CPI, plus permit reserve auction, offsets like W - MClean Air Act And StatesNot discussedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade suspended until 2017, EPA to set stationary source performance standards in 2016, some Clean Air Act provisions excludedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade pre-empted, establishes coal - fired plant performance standards, some Clean Air Act provisions excludedInternational CompetitivenessTax incentives for domestic auto industryFree allowances for trade - exposed industries, 2020 carbon tariff on importsCarbon tariff on importsReferences: Barack Obama, 2007; Barack Obama, 8/3/08; Pew Center, 6/26/09; leaked drafts of American Power Act, 5/11/10.
The main scenario in the company's latest annual «Energy Outlook», released yesterday, shows renewables rising four-fold to 2,000 million tonnes of oil equivalent (Mtoe) by 2035.
Automatic gearbox oil has different characteristics compared to engine oil you should use the oil specified by the scooter manufacturer, or a rated equivalent.
Some companies will attest to the power of predator urine, mothballs, ammonia - soaked rags, or ultrasonic emitters, but this is just the vermin equivalent of snake oil, sold by snake oil salesmen — they don't work.
Although the growth rate of coal slows from the breakneck pace of the last decade, global coal consumption by 2017 stands at 4.32 billion tonnes of oil equivalent (btoe), versus around 4.40 btoe for oil, based on IEA medium - term projections.
Energy consumption in India is likely to double to 1,124 kgs of oil equivalent (kgoe) by 2031 - 32 on the back of high economic expansion, a joint study by consultancy Deloitte and industry chamber Assocham showed Wednesday.
Lovins claims regarding the contribution of NHRs to electricity consumption in China in 2013 must contend with the fact that the NHRs increased by only 9.4 million million tonnes of oil equivalent (mTOE) between 2012 - 2013 compared to 100 mTOE for fossil fuels.
By burning coal and oil and gas and hence injecting carbon dioxide and methane into the atmosphere, we have materially changed its heat - trapping properties; indeed, those man - made greenhouse gases trap the daily heat equivalent of 400,000 Hiroshima - size explosions.
By 2040, global demand for liquid fuels is expected to grow to approximately 115 million barrels of oilequivalent per day, an increase of almost 30 percent from 2010.
Setting strong standards that build on existing standards could cut fuel use by 1.4 million barrels per day - roughly equivalent to our oil imports from Venezuela and Iraq in 2011 combined.
This means, say the authors, that with cost - effective constraints, their natural climate solutions could reduce greenhouse gas emissions by 11.3 billion metric tons a year by 2030: this would be equivalent to burning no oil.
The report, which predicts trends in the coal market to 2017, suggests coal demand will reach the energy equivalent of 4.32 billion tonnes of oil by that year — narrowly below 4.4 billion tonnes of demand for oil itself.
Exchange agreement: A contractual agreement in which quantities of crude oil, petroleum products, natural gas, or electricity are delivered, either directly or through intermediaries, from one company to another company, in exchange for the delivery by the second company to the first company of an equivalent volume or heat content.
The nonpartisan Congressional Research Service found in a survey of published literature that because tar sands oil is more carbon intensive than conventional crude oil, the Keystone XL pipeline would increase U.S. greenhouse gas emissions by the equivalent of «approximately 558,000 to 4,061,000 passenger vehicles» annually:
It documents how the oil figures published by the Government of National Unity in Khartoum are smaller than the equivalent figures published by the China National Petroleum Corporation (CNPC), the operator of the oil blocks.
By the time the president made the decision, oil prices were so low that the «unlikely» low oil price scenario in the State Department Environmental Impact Statement (EIS)-- where oil prices fell below $ 75 a barrel — had actually come to be and thus there was no shying away from the fact that the pipeline would cause the equivalent of over 6 million passengers cars worth of carbon pollution every year for at least 50 years.
I then made my pitch for a carbon fee - bate policy which would place a carbon price on oil sands and other sources of carbon emissions equivalent to that paid by firms in the EU and which, if implemented worldwide, would allow the world to meet science - based emissions reduction targets.
Taking the field off line will reduce domestic oil production by 400,000 barrels a day, or 8 percent — equivalent to about one - third of the amount the United States imports daily from Venezuela.
If correctly implemented, these standards could, by 2030, decrease our oil use by more than 3 million barrels per day — roughly equivalent to the combined U.S. imports from the Persian Gulf and Venezuela.
In the run up to the referendum, now former first minister Alex Salmond said an independent Scotland would remain committed to getting the equivalent of 100 per cent of its electricity from renewable sources by 2020, but would also exploit every last drop of North Sea oil and gas.
Over just the last decade, biofuels have grown by the equivalent of half a million barrels of oil a day; with new large - scale biofuels production facilities coming online every year, biofuels made from sustainable non-food based fuels resources could save an additional million barrels of oil a day by 2035.
Opening areas in the Atlantic, Pacific and Eastern Gulf of Mexico could lead to production of more than 3.5 million barrels of oil equivalent per day, according to research by Quest Offshore Resources.
It would require, by itself, re-creating the equivalent of the planet's entire oil delivery infrastructure.
Accounting for cost constraints, the researchers calculated that natural climate solutions could reduce emissions by 11.3 billion tonnes per year by 2030 — equivalent to halting the burning of oil, and offering 37 % of the emissions reductions needed to hold global warming below 2 degrees Celsius by 2030.
We are thus at the same or lower significance level of 0.25 % because we may be accelerating AGW by this decision to use lower grades of fossil fuel to produce the equivalent amount of crude oil.
U.S. Department of Energy (DOE), Energy Information Administration (EIA), Crude Oil Production, electronic database, at tonto.eia.doe.gov, updated 28 July 2008; American Wind Energy Association (AWEA), «Installed U.S. Wind Power Capacity Surged 45 % in 2007: American Wind Energy Association Market Report,» press release (Washington, DC: 17 January 2008); AWEA, U.S. Wind Energy Projects, electronic database, at www.awea.org/projects, updated 31 March 2009; future capacity calculated from Emerging Energy Research (EER), «US Wind Markets Surge to New Heights,» press release (Cambridge, MA: 14 August 2008); coal - fired power plant equivalents calculated by assuming that an average plant has a 500 - megawatt capacity and operates 72 percent of the time, generating 3.15 billion kilowatt - hours of electricity per year; residential consumption calculated using «Residential Sector Energy Consumption Estimates, 2005,» in DOE, EIA, Residential Energy Consumption Survey 2005 Status Report (Washington, DC: 2007), with capacity factor from DOE, National Renewable Energy Laboratory (NREL), Power Technologies Energy Data Book (Golden, CO: August 2006); population from U.S. Census Bureau, State & County QuickFacts, electronic database, at quickfacts.census.gov, updated 20 February 2009.
Combined, these 10 companies will reduce their emissions from operations by 799 million tonnes CO2 over the lifetime of the targets, approximately equivalent to 1.86 billion barrels of oil not burned.
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