Sentences with phrase «oil exports»

This indeed is steady growth and it occurred without revenues from crude oil exports and in periods where the world was seeing the worst economic crisis in decades.

For a country with the largest oil reserves in the world, and whose economy is now almost completely dependent on oil exports to obtain money, that is not a good thing.

Pair oil export ban with policies to reduce carbon emissions 2.

As well, the government says the deep discount on Canadian oil exports as compared with world prices has added up to about $ 8.4 billion in 2011 - 2012.

We anticipate that the current account will be placed firmly into deficit territory in 2015, given the sharp decline in oil export revenue.

There was a 300 % growth in quantity of hemp seed exports, and hemp oil exports are on track to exceed 80 % growth.

Asian crude oil export volumes would be much higher.

This new department would be explicitly designed to facilitate oil exports and enter into «long - term trade agreements» with other countries.

A practice which has hugely hurt the country's bond payments and oil export industry.

None could put a value on the economic impact of the cruise ship industry, and the commercial and sport fisheries there that are threatened by crude oil exports.

The Canadian economy is heavily dependent on oil exports and the falling price of oil resulted in a big move away from the Canadian dollar.

However, it has also drastically reduced the revenues of oil exporting countries, whose governments rely heavily on oil and gas royalties to finance budgets and loan repayments.

The decline last year was mainly due to record exports of crude oil and petroleum products, made possible since Congress lifted the U.S. oil export ban in December 2015.

A stabilization in oil prices would also support currencies of oil exporting countries.

But earlier this week, oil returned to a bull market and WTI hit a seven - month high at $ 52.22, as sentiment turned bullish with growing evidence that the market is rebalancing, strong oil demand growth, and a supply concern over possible disruption of oil exports from Kurdistan.

The Committee on the Status of Endangered Wildlife in Canada recommended that beluga whales in the St. Lawrence River be declared endangered, forcing TransCanada to scrap a planned oil export terminal in Cacouna, Quebec, where the whales migrate and raise calves.

Those gains were driven by increased concerns over the potential restriction of Iranian oil exports after Israeli Prime Minister Benjamin Netanyahu accused Tehran of having a secret plan to build nuclear weapons.

«At about 7:30 pm, the Niger Delta Avengers blow up ExxonMobile Qua Iboe 48 ″ crude oil export pipeline.»

Prime Minister Stephen Harper has appointed British Columbia lawyer Doug Eyford to gather views of native groups across the Western province on energy development as the industry struggles to gain acceptance of multibillion - dollar pipelines that would vastly increase oil exports.

«U.S. Chamber's Harbert Urges Senate Panel to Lift Oil Export Ban,» Institute for 21st Century Energy, June 9, 2015.

Well, with the global oil exporting countries on track to consuming all the oil they produce by 2025 - 2030 the rest of the world will be back in the dark ages well before we get an ice - free Arctic.

But many of these issues are already in play — look no further than the debates over Keystone XL and the US oil export ban.

China to reduce oil exports to North Korea.

«But the president has a chance to make this right by acknowledging our emerging climate emergency and halting oil exports now.

Main Street will also be on the lookout in Alaska and Louisiana for indicators on a possible lift on U.S. crude oil export restrictions, which could open up business opportunities for all kinds of participants, from oil producers and refiners to trading houses and shipping companies.

The proximate spark from earlier this week was the Kurdish referendum, which raised the specter of a sizable supply outage when Turkey threatened to cut off Kurdish oil exports through its territory, and Baghdad joined in by calling for an international boycott of Kurdish oil sales.

Michael Tran of RBC Capital Markets explains why China is unlikely to expand its tariffs on the U.S. beyond propane to include crude oil exports as well.

Iran's April oil exports hit new record.

Ninety - seven per cent of Canadian oil exports now go to the U.S.

Finally, 98 % of Canada's oil exports go the the United States, a country which has significantly ramped up oil production recently — and will only continue to do so in the future.

«Higher oil prices lead to the largest positive boost to GDP primarily for oil exporting nations, including Mexico, Saudi Arabia, and Canada, while oil importing countries, including South Korea, Singapore, and Indonesia, suffer the largest reductions in real GDP over the next two years, on the order of 0.25 - 0.50 percentage points of output,» Deutsche Bank said in the note.

Jeffrey Brown & Sam Foucher show that the rate of increase in China and India's oil imports will consume ALL global oil exports by 2025.

Kamloops meetings open a new chapter in B.C. pipeline and oil tanker resistance Texas pipeline company Kinder Morgan's push to expand crude oil exports through B.C. could spark «a fight the magnitude of Standing Rock,» according to veterans of the Sioux - led blockades in North Dakota.

That openly defied Baghdad, which has branded the operation bypassing the state oil export network as illegal.

The recession of 1973 - 1975 in the U.S. came about because of rocketing gas prices caused by OPEC's raising oil prices as well as embargoing oil exports to the U.S..

More than 30 percent of seaborne oil exports pass through that narrow waterway daily.

U.S. crude oil exports rose to 2.175 million barrels per day, or more than 15 million a week, at the end of March.

Nevertheless, US benchmarks were less volatile, as US shale oil production continued to increase in response to higher global prices, while US oil exports reached record levels.

Boosted by the bullish supply - demand reports, oil prices rallied on Monday, with Brent hitting a more than two - year high on strong oil demand growth and the threat to Kurdish oil exports over the referendum on independence.

She said this indicated to her that the radio silence was not due simply to the awkward timing of the conference in the midst of efforts to move a budget and oil exports bill and before Christmas.

The NNPC recorded total export proceeds of 170.12 million dollars in the month under review with crude oil export accounting for 98.31 million dollars, while gas export accounted for 71.81 million dollars.

Saudi Arabia, the world's biggest oil exporting country, has just issued a warning against a «premature shift» to renewable energy.

Amid dwindling community - level support for fossil fuel infrastructure and after the U.S. lifted a 40 - year old oil export ban, Cherry Point has been flooded with export permit applications for LNG, propane, coal and bitumen.

Though the IMF report from December 2017 said the country has exited its recession, tepid GDP growth forecasts and reliance on crude oil exports make calls on January 25, 2018, from CBN Governor Edwin Emefiele to regulate cryptocurrencies seem tenuous.