Sentences with phrase «oil producer group»

Demand for OPEC crude in 2016 is estimated to stand at 31.7 mb / d, some 1.7 million barrels a day over last year, the oil producer group said.

Not exact matches

• China Sinochem Group, a Beijing oil producer, is calling for banks to make pitches ahead of a potential $ 2 billion IPO in Hong Kong of key oil assets, Reuters reports citing sources.

The Anglo - Dutch oil major, whose acquisition of BG Group transformed it into the world's top liquefied natural gas producer, has been under pressure from shareholders to cut annual spending to ensure it can maintain its dividend given the slow recovery in the oil prices.

OPEC said Monday it expects demand for oil to grow faster than it originally expected in 2018, but the organization also sees supplies from beyond the producer group surging this year, driven by rising U.S. output.

Ahead of the deal, however, Nigeria's oil minister had insisted the group was «aligned» and was in agreement about extending the cuts, despite the risk of a strong comeback by U.S. shale oil producers.

SINGAPORE, May 3 - Oil prices dipped on Thursday, weighed down by swelling U.S. crude inventories and record weekly U.S. production that is countering efforts by producer group OPEC to cut supplies and prop up prices.

Concho Resources, a US oil and gas producer, agreed to buy rival RSP Permian for $ 9.5 billion including debt and CME Group, the Chicago exchange, agreed to buy Nex Group, in a deal that valued the UK group at nearly # 3.9 bilGroup, the Chicago exchange, agreed to buy Nex Group, in a deal that valued the UK group at nearly # 3.9 bilGroup, in a deal that valued the UK group at nearly # 3.9 bilgroup at nearly # 3.9 billion.

* OIL: Oil prices dipped on Thursday, weighed down by swelling U.S. crude inventories and record weekly U.S. production that is countering efforts by producer group OPEC to cut supplies and prop up prices.

The head of the Organization of Petroleum Exporting Countries (OPEC) has denied the group's members are playing a game of chicken with oil U.S. producers.

Oil prices dipped on Thursday, weighed down by swelling U.S. crude inventories and record weekly U.S. production that is countering efforts by producer group OPEC to cut supplies and prop up prices.

Last month, the Canadian Association of Petroleum Producers organised a field trip for a group of economics professors to see a couple of the oil sands installations.

According to the Canadian Association of Petroleum Producers, a privately managed group, the oil industry in Canada is the largest private - sector investor, with estimated investments of $ 44 billion in 2017.

Using daily spot prices for platinum group metals, gold and crude oil, daily levels of a broad U.S. stock market index, monthly U.S. consumer and producer price indexes and monthly U.S. industrial production levels during July 1992 through December 2011, they find that: Keep Reading

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The Alberta government announced the formation of the group yesterday along with its three co-chairs: Dave Collyer, the former president and CEO of the the oil industry's top lobby group the Canadian Association of Petroleum Producers, Tzeporah Berman, an environmental advocate and Adjunct Professor of Environmental Studies at York University, and Melody Lepine, a member and Director of Government and Industry relations with the Mikisew Cree First Nation.

Iran will officially notify producer group OPEC in December of its plans to raise its crude oil output by 500,000 barrels per day (bpd), the Iranian oil minister said on Saturday.

The second - largest oil producer in the block is in need of new revenues as it fights the costly war against the Islamic State and recaptures the terrorist group's oil assets.

Two years ago, Russian officials discussed plans to privatize a group of national enterprises headed by the oil producer Rosneft, the VTB Bank, Aeroflot, and Russian Railways.

Environmental campaign group Greenpeace has published a report indicating that major food producers, including Kellogg's, PepsiCo and Kraft Heinz, are failing in their promise to eliminate Indonesian palm oil from...

To assure standards are maintained and that only the best quality oil is produced, all producers are organized into groups that are managed by overseers, which in turn are organized into groups that are managed by area managers.

The rise of Islamist group Boko Haram in the north - east has put security at the centre of their election campaigns, but the candidates are at odds over how to handle the insurgency in Africa's biggest oil producer.

It is a stinging irony that by far the biggest donor to BORA is the Sime Darby Foundation, the philanthropic arm of the Sime Darby Group, based in Kuala Lumpur, one of the world's biggest producers of palm oil, the crop that led to the destruction of much of the rhino's rainforest home.

COMPUTER MODELLING GROUP (Toronto symbol CMG; www.cmgroup.com) sells consulting services and software that help oil and gas producers use advanced recovery techniques to get more out of their existing wells.

Less than a month ago, the environmental watchdog group Forest Heroes launched a campaign targeting the Indonesian palm oil producer Astra Agro Lestari, and its parent company Jardine Matheson Holdings Ltd..

Among the companies that want the United States to embrace some form of greenhouse - gas limits are oil producers including the Royal Dutch / Shell Group and BP, as well as power - generating companies like Cinergy, AEP and Entergy, all of which have moved to reduce their own emissions.

Most of the oil shipped on the line will come from Canadian oil sands producers, which have been under from some U.S. environmental groups and legislators for boosting greenhouse gas emissions because of expanding production in the oil sands — a Florida - sized region of northern Alberta that contains the largest oil reserves outside the Middle East.

But a recent report by the environmental research group CDP revealed that at least 29 major companies, including five major oil producers, are basing their internal planning on the assumption that such policies — specifically, a government - mandated carbon price — will be a reality as soon as 2020.

In 2004 a group of stakeholders — including activists, investors, producers and retailers from around the world — formed the Roundtable on Sustainable Palm Oil (RSPO) to develop a certification scheme for palm oil produced through environmentally and socially responsible waOil (RSPO) to develop a certification scheme for palm oil produced through environmentally and socially responsible waoil produced through environmentally and socially responsible ways.

A computer illustration created by the wildlife activist group WWF - Indonesia using Google Earth provides a tour of Sumatran rain forest areas at risk of destruction by logging companies and palm oil producers.

-- According to the Calgary Herald, Travis Davies, spokesman for the Canadian Association of Petroleum Producers, Canada's largest oil and gas industry lobby group, industry is pleased with the draft report.

Leading palm oil user Cargill has issued an ultimatum to its supplier IOI Group after the Malaysian producer lost its Roundtable on Sustainable Palm Oil (RSPO) certification over environmental destructionoil user Cargill has issued an ultimatum to its supplier IOI Group after the Malaysian producer lost its Roundtable on Sustainable Palm Oil (RSPO) certification over environmental destructionOil (RSPO) certification over environmental destruction...

In Ohio, where Sierra Club and other anti-nuclear groups chose coal over nuclear in the 1970s, nuclear plants pay over ten times more in taxes per unit of energy than oil and gas producers, and are excluded from the state's renewable portfolio standard.

«Oil is not responsible,» the producer group's Secretary General, Abdullah al - Badri, told reporters on Thursday on the sidelines of the International Oil Summit in Paris.

Known as the High Carbon Stock (HCS) Approach Toolkit, the methodology is the product of years of debate between palm oil producers, buyers, traders, and civil society groups.

Publicly described as an «ALEC Academy,» documents obtained by CMD show the legislators were accompanied on a chartered flight by a gaggle of oil - industry lobbyists, were served lunch by Shell Oil, dinner by the Canadian Association of Petroleum Producers, and that the expenses of the trip were paid for by TransCanada and other corporations and groups with a direct financial interest in the Alberta tar sands and the proposed Keystone XL (KXL) pipelioil - industry lobbyists, were served lunch by Shell Oil, dinner by the Canadian Association of Petroleum Producers, and that the expenses of the trip were paid for by TransCanada and other corporations and groups with a direct financial interest in the Alberta tar sands and the proposed Keystone XL (KXL) pipeliOil, dinner by the Canadian Association of Petroleum Producers, and that the expenses of the trip were paid for by TransCanada and other corporations and groups with a direct financial interest in the Alberta tar sands and the proposed Keystone XL (KXL) pipeline.

Although producers recycle much of their water, about one barrel of water is lost for every barrel of oil culled, according to the Pembina Institute, a Canadian environmental group.

There are also two Canadian producers and one international oil - trading firm in the group of six customers.