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.
Not exact matches
While the loss of the city has no immediate effect on
oil exports, now at
over three million barrels a day, it adds to concerns
over security and the country's plans to expand
oil production.
For one thing, the concerns
over the decline in crude
oil prices may be overdone, it said, adding that the economy is still resilient and Malaysia is likely to maintain a trade surplus as demand for imports is also softening along with
exports.
The state took
over YPF, an
oil and gas company owned by Spanish energy company Repsol, and she feuded with soy farmers (who grow one of Argentina's biggest
exports.)
Saskatchewan Premier Scott Moe said Tuesday his province will support Alberta in the fight
over the Trans Mountain pipeline expansion by introducing its own legislation on
oil exports.
Oil accounts for
over 95 percent of Venezuela's
export earnings, so the collapse has been acutely felt in the South American OPEC nation.
Before the recent string of production disruptions, which were caused by militant blockades on pipelines carrying crude from three fields to
export terminals, Libya was pumping
over 1 million barrels of
oil daily, eyeing 1.2 million bpd in output by the end of the year.
Oil prices must inevitably rise as unconventional production peaks over the next decade and oil - exporting countries increasingly consume more of their own o
Oil prices must inevitably rise as unconventional production peaks
over the next decade and
oil - exporting countries increasingly consume more of their own o
oil -
exporting countries increasingly consume more of their own
oiloil.
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.
As such, it's not at all clear that the Province has the right to enact the powers it is attempting to here
over refined products, although it clearly does have the broad power to restrict
exports in the case of crude
oil, synthetic crude
oil, and bitumen and other resources.
The commencement of production at a number of large resource projects
over the next two years should also provide a significant boost to
exports of base metals and
oil.
Iraq's Deputy Prime Minister for Energy Hussain al - Shahristani said in a televised interview late on Wednesday that the Kurds had agreed to
export through SOMO, which would have removed a major sticking point between them
over oil exports.
Kurdistan's prime minister and top energy official travelled to Baghdad earlier this week, intensifying efforts to settle the long - running dispute
over exports of
oil from the region via a new independent pipeline to Turkey.
According to its website, LOOP has received more than 12 billion barrels of
oil from foreign and domestic sources
over the past three decades, but as an imports - only facility, it's never been used to load an
export cargo — until now.
Weighing in on
oil price uncertainty, market watchers have been in a state of confusion
over varying reports
over the past three days as to the status of
exports from Libya's biggest producing oilfield.
As
oil accounts for 95 % of Libya's
export earnings, and the industry contributes to
over 70 % of national GDP, these questions will surely dominate the debate
over Libya's future
over the months to come.
The number of palm trees all
over the place is enough to give us palm
oil as an
export product.
The owner of Menzgold, superintends
over a chain of businesses ranging from Minerals explorations, exploitations and
exports,
oil and gas, real estate, mass media, marketing and security service.
Oil, natural gas, metals and timber account for
over 80 % of Russia»
exports.
Alberta has passed landmark legislation giving it sweeping power to intervene in
oil and gas
exports that could result in punitive price spikes in British Columbia in the dispute
over the Trans Mountain
oil pipeline expansion.
«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...
Finally, Alberta is
exporting well
over a million barrels of heavy
oil every day from these carbon - rich tar sands to the U.S..
Sultan Al Jaber, the chief executive officer of the overarching Masdar Initiative, told me that the goal is to use the wealth accrued
over a half century of
oil extraction to help shift the economy slowly toward
exporting renewable or non-polluting energy technology.
This would enable Enbridge to
export over 750,000 barrels of
oil each year for 30 years — a toll the communities and the climate can simply not afford.
Finally,
over 95 percent of their production of petcoke — a dirty coal substitute that is a byproduct of refining heavy
oil [3]-- is
exported.
Mills suggests the president create an «Office of Energy
Exports» to supersede the DoE's authority sell
oil overseas, and get rid of the Department of State's jurisdiction
over pipelines.
«The Power Past Coal and Stand Up to
Oil coalitions recently delivered over one million statements (to Gov. Inslee) from people opposed to dirty coal and oil export projec
Oil coalitions recently delivered
over one million statements (to Gov. Inslee) from people opposed to dirty coal and
oil export projec
oil export projects.
And anyone who understands the global
oil market knows
oil is fungible, with prices and supply controlled by the global market, and that the pipeline would not change that reality (for instance, while we imported
over 9 MBPD of
oil in 2015, we
exported nearly 5 MBPD of
oil and refined products).
Only a week after Paris COP 2, while you were distracted by the hysteria
over wars with fanatics in a desert far, far away (the real ones for
oil, the imagined for merchandising), Congress lifted the
oil export ban (see KMP posts on the ban).
We will get all that
oil traveling through to the south coast and
exported all
over the world, all that dirty
oil — really dirty
oil.
Between 2003 and 2013, members of the OECD
export credit group have given
over 71.5 billion to
oil and gas projects, five times more than to coal.