Sentences with phrase «oil producers at»

The suspect, Afise Inusah, a palm oil producer at Akyem Etwereso in the Akyemmansa District in the Eastern Region is said to have fed the two children in her chamber pot and forced them to sleep at night in a hen coop together with the live birds.

The suspect, Afise Inusah, a palm oil producer at Akyem Etwereso in the Akyemmansa District in the Eastern Region is said to have fed the two children in her chamber pot and forced them to sleep at night in...

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.

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.

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.

The teaser for the panel on energy markets that I am speaking on at the Milken Institute Global Conference, highlights relentless U.S. production offsetting OPEC reductions, renewables disrupting traditional energy markets, and the geopolitical implications of U.S. production growth displacing Russia as the world's largest oil producer.

Saudi Arabia and Russia, along with Qatar and Venezuela, said on February 16 that they would freeze oil production at January levels, provided other big producers agreed to join them.

According to RBC Capital Markets, OPEC's producers need oil even higher — at an average of $ 88 a barrel — to balance their public spending this year, Bloomberg Gadfly's Liam Denning writes.

Oil futures are currently trading at $ 74.80 for Brent crude and around $ 68.69 for West Texas Intermediate (WTI), having been buoyed by OPEC and non-OPEC producers, including Russia, curbing oil productiOil futures are currently trading at $ 74.80 for Brent crude and around $ 68.69 for West Texas Intermediate (WTI), having been buoyed by OPEC and non-OPEC producers, including Russia, curbing oil productioil production.

Woodside Petroleum Ltd subsidiary ATS Inc has made good on a promise not to extend its $ 1.16 billion hostile takeover bid for US - based oil producer Energy Partners Ltd, after failing to reach the minimum acquisition level of 50 per cent.

Canada's energy producers are hurting as the North American oil benchmark dropped to a fresh six - year low Monday, closing at US$ 38.24 a barrel.

However, the current deal between allied major oil producers could soon be at risk amid heightened tensions over an escalating proxy war between two of OPEC's top three crude producers, Shah said.

Western Australia's only onshore oil producer has suspended production after being hit by the low oil price and the high cost of trucking its output to Wyndham rather than the much closer port at Broome.

Oil investor hopes were raised at the start of the year by a deal to cut production between members of the Organization of Petroleum Exporting Countries and some non-OPEC producers.

Frankel urged a form of managed competition, in which oil producers would recognise their common interests and coordinate their policies at strategic level while remaining competitors at tactical level.

The United States will overtake Russia as the world's biggest oil producer by 2019 at the latest, the International Energy Agency (IEA) said on Tuesday, as the country's shale oil boom continues to upend global markets.

The United States will overtake Russia as the world's biggest oil producer by 2019 at the latest, the International Energy Agency (IEA) said on Tuesday.

Speaking at the Sohn Investment Conference in New York, the closely - watched DoubleLine Capital LP chief executive officer recommended a trade of shorting, or betting against, Facebook while betting on gains in an exchange - traded fund that tracks oil and gas explorers and producers who could benefit from rising inflation.

The producers will review the deal at the next OPEC meeting in June to assess how it is impacting oil prices and global global crude stockpiles.

U.S. shale producers are churning out crude oil at such a relentless pace that the country will soon become the most influential player in the energy market, according to an analyst.

CNBC's Jackie DeAngelis takes a look at the energy markets as the Syrian chemical attack and a missile strike on Saudi Arabia shake Middle Eastern oil producers.

Even with oil prices still down by half from the peak, improvements in well development productivity have enabled US producers to make money at much lower oil prices.

The integrated producers — companies that both produce and refine oil — are trading at 6.4 times cash flow, down from the eight times they were trading at in June.

At the Sohn Investment Conference in New York this week, billionaire investor Jeffrey Gundlach said investors should consider a trade that includes betting on gains in an exchange - traded fund that tracks oil and gas explorers and producers who could benefit from rising inflation.

OPEC is working on a «very long - term» deal to try to extend its alliance with other oil producers, Secretary General Mohammad Barkindo said at an energy conference in Baghdad, Iraq on Wednesday.

And unlike with the oil industry, no «fracking» method has been invented yet to extract gold from hard - to - reach areas, though Barrick — the world's largest producer by output — has been experimenting with sensors at its Cortez project in Nevada.What Pierre is talking about, of course, is the idea of «peak gold.»

At Exxon, weak refining results were coupled with lower oil production, fueling concern about Chief Executive Officer Darren Woods» turnaround plan for the world's largest publicly traded oil producer.

On the energy front, major oil producers sounded more confident about rebalancing in the markets at a Friday meeting of OPEC and non-OPEC producers.

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 billion.

Scoring a major asset at a time when oil prices had hit major lows has transformed Perth - based junior Kalrez Energy NL from a gold explorer to an oil and gas producer.

But the playing field has changed significantly over the past two years, and U.S. producers are indeed able to make money at far lower oil prices than at the peak.

Analysts at Canaccord Genuity said Monday the project's $ 5.3 - bilion northern leg «is no longer a necessity» for Canadian oil sands producers, thanks to the sudden rise of crude - carrying unit trains and rival pipeline schemes proposed by Enbridge Inc..

The good news is that the downturn has led to huge technological and process improvements in the oil patch, forcing domestic producers to either find ways to make money at $ 40 oil or go out of business.

For the past two years, OPEC's pump - at - will policies have flooded the market with cheap supply, causing economic pain for producers with higher cash costs, including those involved in fracking, the Canadian oil sands and deepwater drilling.

Not exactly a welcome development as global oil producers continue to pump at record rates despite the downdraft in prices.

Funding its ballooning deficit, which can't be plugged with asset sales and debt issuance alone, and improving its economic situation are partly why Saudi Arabia, the largest producer in the OPEC oil cartel, disagreed to any cut in production at the December OPEC meeting, and more recently has been discounting the price of oil to its customers.

If the Bank of Canada had kept the exchange rate fixed at - say - 0.85 USD, the prices that Canadian oil producers receive would be about 15 % higher than what they get now.

Lending to oil and natural gas producers poses a bigger threat to U.S. banks than most other industrial sectors, said Bill Haas, deputy comptroller for midsize bank supervision at the Office of the Comptroller of the Currency, which regulates 1,620 national banks and thrifts.

At present, almost all Canadian exports of oil and gas go to the U.S., which is becoming once again a major producer in its own right, and a potential competitor for offshore markets.

- At the same time, both Iran and Iraq must make sacrifices for Saudi Arabia to accept the deal, Iran takes opposite view, insisting Saudi should cut more, as it boosted output most in recent years: oil producers that raised output in past years while Iran was subject to sanctions «will have to shoulder a bigger share of the output drop and accept more responsibility»: oil minister Bijan Zanganeh

Canada is the world's fourth - largest oil producer and at the end of 2015 the proven reserves of oilsands were 165.4 billion barrels.

We've been discussing the tug of war between Eastern and Western oil producers for over a year now, but today they will finally sit at the same table.

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.

Oil - related revenue has dwindled since 2015 as a period of low prices reduced interest from producers and consumers in financial instruments that offer protection against price volatility, said Amrit Shahani, research director at Coalition.

Suncor Energy (TSX: SU), Canada's largest oil and gas producer by market capitalization, said Wednesday an eight - week maintenance project at its Syncrude facility will begin Thursday almost three weeks ahead than originally planned.

However, since Canada's population is concentrated in markets that already fetch their oil at higher world prices, even if western Canadian producers were to access better prices for their products, that would be unlikely to have a meaningful effect on gasoline prices or other segments of our economy.

As Nobel economist (and one of my dissertation advisors at Stanford) Joe Stiglitz noted on Friday, a good part of the reason for rising oil prices is because the producers are already awash in U.S. assets, and to supply significantly more oil will just force them to accumulate more low - return assets.

If you believe that, in times of crisis, a West - East pipeline will provide eastern refiners at oil below the world price, you are assuming that western producers will sell oil below world prices in times of crisis.

But as the glut diminishes and bullish sentiment increases alongside oil prices, U.S. shale producers are rushing to hedge again at the WTI prices above $ 50 to lock in future production.