Sentences with phrase «oil prices crashing while»

Now, with oil prices crashing while the cost of production does not; with campaigners scoring victories from the Paris climate agreement to major institutional divestment from fossil fuels; and with increasingly viable competition from electrified transportation, efficiency and renewables — oil companies may be facing a unique confluence of uphill challenges.

I see Notley as trying her hardest to provide services through the oil price crash while at the same time setting the stage for a transition to renewables.

Not exact matches

This eye - catching graph pops out of a report published by Boston Consulting Group on January 21: it illustrates how the current oil price crash, while not (yet) the deepest in recent memory, is the longest - lasting — and counting.

Short - to - medium - term cash flow stabilized by attractive and profitable contracts While demand for frack sand is likely to decline due to the crashing price of oil, there is cause for optimism that the decline in demand might not be as severe as the overall decline in new oil drilling.

While environmental advocacy organizations have taken credit for prompting these changes at some of the world's top banks, the shift coincides with crashing commodity prices in oil, coal and natural gas markets worldwide.

While some of the reduction from the big oil companies is probably due to the crash in oil prices that began in 2014, leading to lower activity across the energy industry, all five majors have enacted climate and efficiency policies, as well as anti-pollution measures, the report said.

«While two years of crashing prices for oil, natural gas, and coal triggered dramatic downsizing in those industries, renewables have been thriving.