Sentences with phrase «oil exports make»

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.

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

Not exact matches

About a half of those imports are heavy naphtha, bought by PDVSA to dilute its extra heavy oil output and make it suitable for export.

Meanwhile, the 2015 repeal of a 40 - year - old ban on crude oil exports - passed by a Republican - controlled Congress and signed by former President Barack Obama - has made strategic shipments overseas possible.

In a country that depends overwhelmingly on oil exports for hard currency, Dos Santos had made fortunes in mobile telecoms and supermarkets, benefiting — her critics say — from family connections, before being appointed head of Sonangol in 2016.

(Remember, 85 % of the cars and trucks made in Canada are for export, mostly to the U.S.) When oil prices tumbled, bringing down the loonie, there were hopes of an automaking renaissance, but this has so far failed to transpire.

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.

And as if to make room for more foes in the federation, Kenney also hinted he could cut off oil exports to B.C. if Premier John Horgan, another New Democrat, takes action to block the Trans Mountain pipeline expansion.

Shell's multi-billion-dollar investment in Alberta's oil sands, along with its new joint venture to build a liquefied natural gas export facility in Kitimat, B.C., make the Swiss - born executive a particularly influential player for Canada's energy sector these days.

To answer a few of your questions, exporting bitumen from Canada's west coast will not make the country any stronger, only the Texas oil company a little richer, and the earth much more in peril.

Admittedly we are a net importer of oil (increasingly so as Bass Strait reserves diminish), but Australian entities make large exports of natural gas and thermal coal, whose prices are highly correlated with oil prices over time.

My University of Alberta colleague Andrew Leach is fond of pointing out that exports of manufactured products from Southwestern Ontario push up the value of the Canadian dollar, making life more difficult for oil sands producers.

And there is a lot to make up for considering that four - fifths of the government's revenue comes from oil and gas exports — and its 2015 budget was calculated against $ 85 oil.

The second cyclical factor that has had a major impact on our exports and business investment is the protracted recovery of the US economy — the slowest in the postwar period.10 When oil and other commodity prices rose in the years before the 2014 oil price shock, so did our dollar, making our non-commodity exports to the United States less competitive and reinforcing the ongoing shift from manufacturing to services.

As Stephen Gordon has explained, this is exactly what we should expect from the oil shock — the price of things we export has fallen a lot, which makes us poorer.

Crude oil or refined petroleum — which may have been made from oil produced elsewhere — is the top export for six states, including Texas and North Dakota.

A preamble to an Act can not creates rights and obligation for persons but it can and should be used in the interpretation of the Act, and especially open textured provisions of the Act such as the power of the Minister under s 2 (3)(c) to consider any matter she considers relevant when making an order to require a person to obtain a licence for the export of natural gas, crude oil or refined fuels.

Health Impact News Editor Comments: As the first ones to export organic traditionally made virgin coconut oil from the Philippines to the United States ten years ago, we were very interested in reading about this research done in Sri Lanka published today.

He said the Tema Oil Refinery (TOR) which had collapsed had been revived and making giant strides, while the Bulk Oil Storage and Transport (BOST) Company was up and running, exporting petroleum products to Burkina Faso, Mali and Niger.

Making the PlantBottle has thus far saved roughly 70,000 barrels of oil by the company's calculations — and the plastic resin, indistinguishable from its petroleum - based analog, can be exported throughout the world.

4 How will the abundance of cheap Natural Gas be used between the competing interests of Big Oil (Export) and Big Chemical (Use internally to make cheap chemicals)?

Today, almost all palm oil is produced in, and exported from, Indonesia and Malaysia where rainforests are being destroyed to make way for oil palm plantations.

The paintings (made by spraying, soaking and staining huge swaths of sheer cotton with the artist's proprietary diet cola formula) make direct use of the caramel - colored gold that is one of America's greatest symbols of youth and freedom as well as its premier health risk — an exported analogue to crude oil.

Contrary to first impressions, each image is a drawing made using crude oil and in some cases, 22k gold — two of the region's major exports.

The project utilized the company's manufacturing infrastructure, which is the production of hand - made oil paintings for export to create 51 oil paintings (one by each artist).

«A new study, prepared at the request of the Russian security agencies, concludes that global warming is likely to make it impossible for Moscow to continue to export oil and gas at current rates and thus over the next decade or more will undermine the foundations of Russia's economic recovery and international standing...

Paraquay has some very poor rural people, climate change is making droughts more likely in the future (and their export and supply is likely to get drier) who are these poor people who benefit from oil?

«While Americans have rallied in support of clean renewable energy at home, the U.S. Export - Import Bank has made it a priority to handout money to fossil fuel companies to work on projects abroad,» said Kate DeAngelis of Friends of the Earth U.S. «If Trump gets his way, U.S. Export - Import Bank will become a slush fund for Big Oil's plans to accelerate climate change.

With the approval of the Kinder Morgan pipeline, we expect an increase in tanker traffic by 700 % through the Salish Sea, meaning more oil moving through pipelines and more export terminals, making Washington State a target for dangerous spills and explosions.

SA can develop new climate - safe exports to make up for forgoing potential future export income that might accrue from drilling for oil in the Bight or from future new gas extraction projects.

Again, it's not just that burning tar sands oil produces a lot of emissions; it's that long - term capital investments like Keystone (and coal plants, and coal export facilities) «lock in» those dangerous emissions for decades and make catastrophic climate disruption inevitable.

In the two - page document, the EU makes several arguments about why the TTIP should require the lifting of the U.S. ban on exporting crude oil...

• The diluted bitumen Alberta wants to export has chemical and combustion properties that make it far inferior to the higher - quality oil the LOOP has access to from US formations in the Dakotas and Texas, or OPEC countries, or the North Sea.

Opponents say a presidential rejection of the project would send a powerful message to the world about the importance of moving away from fossil fuels and make it more difficult for Canada to export its energy - intensive oil.

Even the United Arab Emirates, which makes most of its money exporting oil and gas, signed on.

Increasingly larger volumes of liquid fuel made from tar sands oil may, in the future, be exported from US refineries with access to an oil pipeline originating in Alberta Canada.

However, its economy is highly reliant on oil and gas and as such, only around 20 per cent of exports are made up of higher technology products.

While cheaper dollars would increase our exports, it will make the cost of oil go WAY HIGHER.