Sentences with phrase «oil imports as»

The shift, an EIA report released on Friday noted, reflects both a steadily growing Chinese demand and flat - lining U.S. oil imports as a result of America's shale oil boom.

Not exact matches

Although the oil price and the dollar have moved in tandem for the last few weeks, the two generally tend to trade in the opposite direction, as a stronger dollar encourages non-U.S. investors to sell oil and crude - importing countries to curtail their purchases.

Oil - importing countries include Egypt, Pakistan, Morocco and Tunisia, while oil exporters include the Gulf Cooperation Council (Saudi Arabia, the United Arab Emirates, Bahrain, Oman, Kuwait and Qatar) as well as Iran, Algeria and LibOil - importing countries include Egypt, Pakistan, Morocco and Tunisia, while oil exporters include the Gulf Cooperation Council (Saudi Arabia, the United Arab Emirates, Bahrain, Oman, Kuwait and Qatar) as well as Iran, Algeria and Liboil exporters include the Gulf Cooperation Council (Saudi Arabia, the United Arab Emirates, Bahrain, Oman, Kuwait and Qatar) as well as Iran, Algeria and Libya.

Even though the White House has said that «all options are on the table,» the most likely action, banning Venezuela from importing U.S. oil, could come as early as Monday.

The Chinese leadership, and particularly the military, is very concerned about oil import dependency and has made a concerted effort to keep its foreign oil sources as diversified as possible.

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.

Trump will then fly to Beijing where, according to senior administration officials, he will try to convince a reluctant President Xi Jinping to squeeze North Korea further with steps such as limits on oil exports, coal imports and financial transactions.

Disruptions in Venezuela's oil industry can have outsize impact on the country, as oil brings in about 95 % of its export revenue, which has been used to purchase imports like food and medicine as domestic production dries up.

Indeed, within just a few years there will be oilsands operations as clean as the only immediate alternative: imported conventional oil.

Bartlett built a model that mirrors StatsCan's methodology for tallying quarterly GDP and that also includes some U.S. indicators, such as oil imports.

All told, the province's economy stands to gain up to a maximum of $ 10 million a day: up to $ 5 million by not importing as much oil and another $ 5 million by increasing exports of gas.

«Following Russia's recent acceptance of the renminbi as payments for oil, we expect more record high oil imports ahead to China,» Gordon Kwan, the Hong Kong - based head of regional oil and gas research at Nomura Holdings Inc., said in an e-mail, referring to the Chinese currency.

Again, it's this ingenuity that's kept oil prices relatively low, which in turn has helped strengthen GDPs in oil - importing emerging markets and squeeze the revenue of exporters such as Russia, Qatar, Saudi Arabia and others.

Last November, the International Monetary Fund (IMF) commended the government of Mali's deficit reduction, praising GDP growth of more than 5 % arising from strong harvests and government spending, even as the cost of oil imports moved higher.

As for consumers, it bears asking whether they're really any better off paying high prices for oil that's pumped close to home versus crude that's imported from overseas.

It's full of talk about freeing motorists in eastern Canada from their dependence on imported oil from volatile geopolitics locales such as Saudi Arabia, Algeria, Nigeria, and -LSB-...]

That suggests it could be critical for Mr. Trudeau to convince Mr. Trump that he should consider Canadian oil like U.S. oil — in other words, that the U.S. should not count Canadian oil as an import when they consider their trade balance.

Beyond the actual gas project and LNG sales, China's state - run shipping conglomerate COSCO has also secured a 50 percent stake in the four LNG shipping carriers serving Yamal.90 Chinese engineers and workers have been deployed to the Yamal Peninsula to help construct surrounding infrastructure, which includes a Chinese - produced polar drilling rig.91 Moreover, a Chinese oil and gas rig producer now provides Russia with about 60 percent of its imported oil rig supplies, indicating that China is becoming a dominant player in this sphere.92 Chinese media recently hailed Yamal as an example of China's construction and engineering prowess and a symbol of its transformation into an Arctic player.93 In return for China stepping into support the project, senior officials from Novatek, the main shareholder of the project, announced that the first LNG shipment would symbolically go to China.94 But a British subsidiary of Malaysia's Petronas purchased the first shipment of Yamal LNG and sold it to France's Engie, which then shipped the cargo to its Boston import facility for American use.95 Western sanctions on Novatek, Russia's largest independent national gas producer and a company with close ties to the Kremlin, made Yamal's pivot to China possible, as sanctions forced Russia to find an alternative source of investment and technology.

It's full of talk about freeing motorists in eastern Canada from their dependence on imported oil from volatile geopolitics locales such as Saudi Arabia, Algeria, Nigeria, and Venezuela.

In terms of oil shipments to the U.S. and China, Saudi exports to the U.S. have been on the decline as the total U.S. imports fall while domestic shale production rises.

The biggest improvements within the Index were in areas related to measures of oil and natural gas sector, such as imports, import expenditures, and oil prices, and to energy efficiency.

In China, domestic crude oil output is dropping while demand is continuously growing, and as such, China is raising its imports.

Rising crude oil prices over the last two years will further aggravate the trade deficit as the currency is also depreciating, which will add to the import bill.

As today's Hot Chart shows, U.S. volume imports of crude oil plummeted to their lowest level since 1996 in April.

With Asia's rapidly growing need for energy imports in the early 2000s, Canada hoped to reduce its almost 100 % reliance on the United States as an export market for oil and natural gas by expanding to Asia.

Hyundai Oilbank bought 300,000 barrels of crude from Chevron Corp as part of its efforts to diversify its crude imports and gain access to cheaper Canadian oil.

Exports of cars and auto parts posted big increases in February as did imports of pharmaceuticals, crude oil and civilian aircraft.

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.

Hengli Petrochemical, part of the Chinese chemical giant Hengli Group, has obtained government approval to import 400,000 b / d of crude oil — the largest quota ever handed to a private Chinese refiner, as it aims to start a new refinery this year.

The move comes as car makers and investors are pumping in billions of dollars into the so - called new energy vehicle sector in China, the world's biggest auto market, which is preparing to roll out tough norms to promote the sector to fight urban smog and cut dependence on imported oil.

Solar as well as other renewables will be able to help keep the import of oil to a minimum.

Since last November, Russia has introduced 28 import duty and export subsidies affecting steel, oil and other products as well as imposed special road tolls on trucks from the EU, Switzerland and Turkmenistan.

This includes specialty items, such as olive oil, fine chocolate for baking, domestic and imported cheeses, hormone - free beef, pork and veal.

Many imported oils labelled EVOO have been tested and found to be a refined version or mixed with corn or palm oil (which has the same appearance as EVOO).

As a result, imported palm oil dominated the cooking oil shelves, and the refined coconut oil that was still sold was renamed «vegetable oil» because of this negative stigma.

They include: high levels of degraded soils; reductions in irrigation quotas to restore the health of the Murray - Darling system; the re-forestation of some agricultural land to meet emissions reductions targets; the impacts of peak oil, such as the diversion of food crops into feed - stock for biofuels; and the price and crop yield implications of peak phosphorous, given Australia's dependence on imported fertilisers.

We start out with our own Gold Label Virgin Coconut Oil as the base, and use other high quality organic ingredients, such as Virgin Red Palm Oil and organic essential oils imported from France.

Under its Matiz España label, Culinary Collective imports and distributes an extensive line of traditional Spanish products, such as olive oil, vinegar, vegetables, rice, nuts, olives, crackers, spices, chocolate and tinned seafood.

Pasta lovers can look forward to an outstanding selection of Farinacei (handmade pastas) such as Ricotta Lemon Ravioli (orange butter sauce), Hand - Rolled Potato Gnocchi (organic mushrooms, basil, white truffle oil) and Tagliatelle Bolognese (braised veal, beef, pork, tomato sauce); all prepared in house using the «la monferrina» pasta machine imported from Italy.

Some gamesome wights will tell you that they have to plant weeds there, they don't grow naturally; that they import Canada thistles; that they have to send beyond seas for a spile to stop a leak in an oil cask; that pieces of wood in Nantucket are carried about like bits of the true cross in Rome; that people there plant toadstools before their houses, to get under the shade in summertime; that one blade of grass makes an oasis, three blades in a day's walk a prairie; that they wear quicksand shoes, something like Laplander snowshoes; that they are so shut up, belted about, every way inclosed, surrounded, and made an utter island of by the ocean, that to their very chairs and tables small clams will sometimes be found adhering, as to the backs of sea turtles.

For decades, policymakers and experts have seen foreign oil dependence as a concrete economic and political problem which required sober technical analysis and efficient solutions — an approach perhaps best reflected in countless attempts to quantify precisely the various costs and benefits of importing oil.

As part of the recommendations in the report by the Senate Committee on Works on the National Roads Fund Establishment Bill 2017, a levy of N5 will be imposed on every litre of Premium Motor Spirit (petrol) and Automobile General Oil (diesel) imported or refined in the country.

President - elect Nana Addo Dankwa Akufo - Addo further pledged to reduce the tax burden on the private sector through lower corporate tax and the removal of import duties and VAT from some items while relying on revenue measures such as improving tax compliance, improving the quality of public finance administration and higher oil and gas production to finance these tax cuts.

Nigeria continues the absurdity of expending more than 30 % of scarce foreign currency importing refined petroleum products, a self - imposed malaise as we insist on subsidizing domestic fuel consumption; and crude oil and gas as a percentage of our export revenue stays at 96 % meaning beyond all the talk of diversification, current rhetoric does not match the outcomes!

ABUJA — Nigeria's woes in the area of dwindling revenue from crude oil sales is expected to heighten in the next couple of days, as the South African Petroleum Industry Association, SAPIA, yesterday, stated that South Africa would likely stop importing crude oil from Nigeria following the lifting of the sanctions on Iran.

As a major oil producer, involving the private sector — and I am aware that Dangote is building some refineries and tank storage capacities — it should be possible to process Nigerian oil locally into finished petroleum products and export them to West Africa and the rest of Africa without us having to import petroleum products from outside.Speaking as a former leader of an African country, I can tell you that our quest to build our countries into industralised economies that can begin refining our own raw materials and manufacturing what we need, is not a development paradigm that the rich nations are enthused abouAs a major oil producer, involving the private sector — and I am aware that Dangote is building some refineries and tank storage capacities — it should be possible to process Nigerian oil locally into finished petroleum products and export them to West Africa and the rest of Africa without us having to import petroleum products from outside.Speaking as a former leader of an African country, I can tell you that our quest to build our countries into industralised economies that can begin refining our own raw materials and manufacturing what we need, is not a development paradigm that the rich nations are enthused abouas a former leader of an African country, I can tell you that our quest to build our countries into industralised economies that can begin refining our own raw materials and manufacturing what we need, is not a development paradigm that the rich nations are enthused about.

We will become increasingly reliant on imports as North Sea oil and gas production goes into steep decline;

The fiber and fuel derived from hemp would be carbon neutral and as such wouldn't contribute to global warming — and in fact could help mitigate rising temperatures by replacing chemical - intensive crops like cotton and imported fossil fuels like oil and gas.

If the process works as well as its creators claim, not only would most toxic waste problems become history, so would imported oil.

It might be possible to impose some kind of fee on imported tar sands oil (though that would have to be done in such a way as to not trigger problems with GATT [General Agreement on Tariffs and Trade]-RRB-.