Sentences with phrase «oil production capacity»

After a detailed exploration of the reasons for the current increase in oil production capacity, with much more coming after 2020, Maugeri warns that the oil industry will need to work hard to limit environmental risks from greatly expanded drilling for oil (and natural gas) in shale deposits, a vast resource that has been made tappable by hydraulic fracturing, known also as fracking.

Nasser said he planned to direct investment into refining and petrochemicals, growing the so - called «downstream» side of the business, rather than increase the company's current oil production capacity of 12 million barrels a day.

Iraq: Baghdad's Common Seawater Supply Project is key to its plans to boost oil production capacity to as much as 6.5 million b / d by 2022.

OPEC «would seriously have to reconsider committing scarce financial resources to increasing and maintaining oil production capacity in order to meet the future increase projected in world oil demand».

According to the US Energy Administration, spare oil production capacity is only about 1 % of current demand, leaving very little room to compensate for supply interruptions or spikes in demand.

Global oil production capacity is forecast to grow by 6.4 mb / d to reach 107 mb / d by 2023.

World oil production capacity to 2020 (crude oil and NGLs, excluding biofuels).

«By 2012, surplus oil production capacity could entirely disappear, and as early as 2015, the shortfall in output could reach nearly 10 million barrels per day,» says the report, which has a foreword by a senior commander, General James N Mattis.

«Its willingness and ability to make timely investments in oil production capacity will be a key determinant of future oil price trends.»

The country wants to double its oil production capacity by 2020 to around 7 million barrels a day.

A USD$ 1.2 billion oil financing agreement with NNPC and Chevron where UBA providedfunding for Chevron and NNPC to develop 36 new oil wells that will significantly expand Nigeria's oil production capacity

Oil production capacity is surging in the United States and several other countries at such a fast pace that global oil output capacity is likely to grow by nearly 20 percent by 2020, which could prompt a plunge or even a collapse in oil prices, according to a new study by a researcher at the Harvard Kennedy School.

My bedtime reading tonight is «Oil: The Next Revolution — The unprecedented upsurge of oil production capacity and what it means for the world.»

Oil production capacity is surging in the United States and several other countries at such a fast pace that global oil output capacity could grow by nearly 20 % from the current 93... Read more →

some varieties are 60 % oil, and under optimized conditions, double their bodyweight / oil production capacity every 24 hours.