Sentences with phrase «oil producer in»

«Norway is the third largest oil producer in the OECD, after the US and Mexico, and the largest exporter.
Hydraulic fracturing, and the similar techniques used for «tight oil» drilling, have actually allowed the United States to become the world's leading oil producer in 2014.
It is significant that, more than twenty years later: — all but one of these strategic recommendations have been successfully implemented, and — Canada is now the 6th largest oil producer in the world, and the largest foreign supplier of oil to the USA.
Canada is a net exporter of oil and the 13th largest oil producer in the world.
Speaking at the WA launch of the True Food Guide, prominent food producer George Kailis whose company, Kailis Organic Olives, is the largest integrated olive oil producer in the world, was scathing in his dismissal of the WA decision.
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.
The U.S. is now the number two oil producer in the world, having overtaken Saudi Arabia late last year.
Canada is now the 6th largest oil producer in the world and the largest foreign supplier of oil to the USA.
Saudi Arabia is the biggest oil producer in the OPEC cartel, meaning their views carry extra weight.
The largest oil producer in North Dakota's Bakken shale formation posted a net profit of $ 15 million, or 16 cents per share, in the quarter ended March 31, compared with a loss of $ 87 million, or 96 cents per share, a year earlier.
For the second consecutive quarter, Continental bested rival Whiting Petroleum Corp to be the largest oil producer in the Bakken, solidifying that crown and its place as one of the most - prolific U.S. shale companies.
The president's ire followed a stream of bullish signals from a meeting of oil producers in Saudi Arabia, chiefly from the kingdom's Energy Minister Khalid Al - Falih.
With headquarters in London and Houston, the combined company will have roughly $ 23 billion in annual revenue and offer oilfield gear including blowout preventers, pumps, drilling, chemicals, other products and services for oil producers in 120 countries.
Who could have foreseen that OPEC would decide to sacrifice billions of dollars by refusing to curb production, just so it could hurt shale - oil producers in the United States?
As the wildfires raged and winds blew unpredictably, oil producers in the area — including Suncor, Syncrude, Shell, Canadian Natural Resources and Husky — were forced to cease operations and evacuate employees.
Market participants continued to weigh the supply - side impact of production cuts by the Organization of the Petroleum Exporting Countries (OPEC) and other major oil producers in late 2016 and, on the other hand, the ability of the US shale oil industry to maintain output in the face of lower prices.
But heavy oil producers in Canada would love to have $ 30 oil.
Energy East would have given oil producers in Alberta and Saskatchewan, who are heavily dependent on buyers in the U.S., another market for their crude by carrying about 1.1 million barrels a day to refineries and a marine - shipping terminal in eastern Canada.
Sustainable palm oil producers in Asia have earned more than $ 6m in premiums via the GreenPalm certificate trading programme.
ZSL, together with collaborators from Queen Mary University of London, Universiti Kebangsaan Malaysia and University of Malaya, continues to work closely with Malaysian palm oil producers in determining if simple modifications to agricultural practices may bring some of the forest species back into areas planted with oil palm and allow them to survive and reproduce in plantations.
Ironically, both the S&P and the Deutsche Bank reports came as one of the biggest oil producers in the world, Shell, delivered its own in - depth report that predicted that solar would emerge as the dominant energy provider in the world by the turn of the century.
«Once the federal regulations are in place, Canada will be one of a very few oil producers in the world with national binding regulations on its oil and gas sector.»
Oil producers in those regions are already cutting rig counts — worried that if crude prices dip too low, wells won't turn a profit.
Vitter's home state is one of the biggest oil producers in the U.S. — although it's also one of the states most vulnerable to economic destruction from rising sea levels and extreme hurricanes, which climate scientists link to global warming.
In a deal announced on 19 February, state - owned China National Petroleum Corp (CNPC)-- one of the three top oil producers in China — agreed to pay $ 1.76 bn (# 1.4 bn) for an 8 % stake in the $ 22bn (# 17.5 bn) Abu Dhabi Company for Onshore Petroleum Operations concession.
About Blog Esporão is one of Portugal's leading wine and olive oil producers in Alentejo and Douro.

Not exact matches

The quest to regain the top producer spot in one of the most - prolific U.S. shale basins had eluded Hamm's Continental since at least 2014, when Whiting bought smaller rival Kodiak Oil and Gas.
In broader economic terms, the rise in oil and gasoline prices will help crude producers in states like Texas and North Dakota and will likely boost capital spending industrywidIn broader economic terms, the rise in oil and gasoline prices will help crude producers in states like Texas and North Dakota and will likely boost capital spending industrywidin oil and gasoline prices will help crude producers in states like Texas and North Dakota and will likely boost capital spending industrywidin states like Texas and North Dakota and will likely boost capital spending industrywide.
Oil prices might have bottomed as output in the United States and other non-OPEC producers is beginning to fall quickly and an increase in supply from Iran has been less than dramatic, the International Energy Agency said on Friday.
Production has risen in the world's fifth largest oil producer, but full pipelines and a rail...
Oil prices are also drawing support from declining output in Venezuela, OPEC's biggest producer in Latin America, and Angola, Africa's second - largest exporter.
Cenovus, one of the biggest of Canada's oil sands producers, said in March that it was operating at lower capacity due to the maxing out of pipelines and other routes through which it sends heavy oil south to U.S. markets.
CALGARY, Alberta, May 2 - Alberta will hold talks with rail operators and oil producers aimed at smoothing the path to get more crude moving by rail to market amid a transportation bottleneck in the Western Canadian province, Alberta's energy minister said on Wednesday.
In late August, PetroChina, that country's largest oil producer, announced it seeks to boost its overseas production to half its total output (from about a tenth currently) in less than a decade through acquisitionIn late August, PetroChina, that country's largest oil producer, announced it seeks to boost its overseas production to half its total output (from about a tenth currently) in less than a decade through acquisitionin less than a decade through acquisitions.
• 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.
OPEC's largest producer and de facto leader — Saudi Arabia — is the most closely watched oil nation for hints about an unofficial oil price target, and speculation has been ripe since the start of the deal in January 2017 as to what price the Kingdom is aiming for.
The Permian continues to boom, and even in case of takeaway capacity constraints — which have led to around $ 11 a barrel discount of Midland, Texas, oil to Brent — Permian producers would pump at profit if Brent were to rise (and stay) at $ 80, Bloomberg's Denning argues.
With oil, which is traded internationally, prices collapsed (mainly) because the Saudis have flooded the market with supply in an attempt to retake lost market share from U.S. producers — whom also drilled too many successful wells.
The oil price has risen by 15 percent in the last four weeks thanks to expectations that the United States will re-impose sanctions against Iran, a major oil producer and member of the Organization of the...
The decreases are largely the result of the oil glut and all - time lows for crude prices — last year, mining, oil producers, and metal companies lost a combined $ 70 billion on $ 1.3 trillion in revenue.
Traders said markets climbed on expectations that the United States will in May re-impose sanctions against Iran, a major oil producer and member of the Organization of...
And with supplies from Iraq threatened with disruption — in recent years, Iraq was the only major producer increasing its output faster than the U.S. and Canada — that American oil is only going to get more competitive in the marketplace.
Some of the producers in Canada's oil sands discovered they would suffer bigger loses if they actually shut down their sprawling facilities.
WESTERN Australian oil and gas producer Woodside Energy continued its geographical expansion with last week's announcement that it had taken a farm - in interest in a field in the Gulf of Mexico.
Investment bank Jefferies called current prices unsustainable and said production declines across most of the important non-OPEC producers is likely to set the stage for an oil price recovery in the second half of this year.
Nonetheless, these workarounds by the oil companies played a critical role in the recent conflagration, both in safely evacuating Fort McMurray residents and in enabling producers to quickly ramp up again.
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.
Back then, investment in the oilsands was nearing its peak, and oil producers had a huge human resources headache.
Analysts and investors generally praised the deal as data analytics and other high - technology operations grow in demand among oil producers.
U.S. shale producers have pioneered new techniques to drill oil more efficiently but also in places that were once seen as impossible.
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