Won't we be glad that we broke the piggy bank of the next generation, which may find other, more vital uses for oil, that may be confronted with more hostile
oil producers worldwide, or that may be in a war and need oil to power its planes?
Already,
oil producers worldwide are benefiting from higher prices.
Not exact matches
But companies are still feeling the pinch of the massive glut of
oil worldwide, which has brought down markets and remains a major policy discussion among international
producers.
IOI Loders Croklaan, a leading
producer of palm - based fats and oils to the global food industry, has announced that 100 percent of its directly sourced palm
oil worldwide is traceable to the mill level.
Current estimates indicate that by 2020 the United States will be the dominant
worldwide producer of both natural gas and
oil and achieve energy independence.
Covington & Burling will open a new office in South Africa, to be led by Ben Donovan, a project finance partner with experience in representing a wide range of infrastructure clients, including
oil and gas companies, government and parastatal entities, independent power
producers, investment funds, and lenders in, and to, the development, acquisition, financing, restructuring, and divestiture of energy and infrastructure projects
worldwide.