Not exact matches
With the ability to refine and upgrade crude in Canada and 75,000 barrels per day
of committed
capacity on the existing Keystone pipeline, Husky says it can grow its heavy
oil production without exposure to the WCS - WTI discounts until at least 2021.
The Brutus / Glider assets, which include a subsea
production system, have an estimated
production capacity of about 25,000 barrels
of oil a day, according to Reuters.
According to the U.S. Energy Information Administration, Norway produces 1,602,000 barrels
of crude
oil a day, and its refinery
capacity is 319,000 bbl / day — about 20 per cent
of crude
oil production.
The comparable figures for Canada are 3,136,000 bbl / day
of crude
oil production and 1,918,000 bbl / day
of refinery
capacity — about 61 per cent
of crude
oil production.
Olea Australis» managing director Tony Sparks said the proceeds
of the additional placement would assist in current and planned capital projects to expand infrastructure and operating
capacity to meet the increasing levels
of olive
oil production as well as provide additional working capital.
The Company recently executed a firm, long - term sales agreement beginning in June 2018 that provides takeaway
capacity for the majority
of its 2018 and 2019 Delaware basin
oil production and diversifies price exposure towards a Brent - based index.
«Rail and supporting non-pipeline modes should be capable, as was projected in 2011,
of providing the
capacity needed to transport all incremental Western Canadian and Bakken crude
oil production to markets if there were no additional pipeline projects approved.»
Such optimism must somehow reconcile with all the forces conspiring against Canadian
oil: the lack
of pipeline infrastructure or «takeaway»
capacity, the occasionally gaping price discount applied to Western Canada Select, the renaissance in
oil production unfolding in the U.S., rising Canadian
production costs and the flight
of investor money out
of commodities.
Florida has little to no supply - side infrastructure — negligible levels
of oil production and refining
capacity.
RAPID, part
of the Pengerang Integrated Complex (PIC) in the southern Malaysian state
of Johor, will contain a 300,000 barrel - per - day
oil refinery and a petrochemical complex with a
production capacity of 7.7 million metric tonnes.
Either increased shipping
capacity out
of the Midwest or alternative markets for Canadian
production would increase
oil production profits for producers and the royalty and tax inflow for federal and provincial governments.
In the years ahead,
oil production will decline to remove excess
capacity, prices will again rise above costs, energy company margins will recover, and market - level earnings will return to a normal rate
of growth.
In the case
of crude
oil & condensates, it is expected that significant new
capacity will come on stream over the next two years or so, and that this will initially outweigh declines in
production from existing oilfields.
«As we expand our heavy
oil production, we will look for opportunities downstream,» Peabody said
of potentially buying more refining
capacity.
Canadian Natural Resources Ltd. says it choked back heavy
oil production in the first quarter to avoid selling at low prices it blames on poor pipeline
capacity out
of Western Canada.
shale
oil may be a bubble but countries like Libya Iraq Iran produce nothing compared to their potential /
production capacity + there is always offshore exploration recently Morocco seems to be in the spot light not to mention the arctic sea / north pole especially Russia where a new Koweit is to be found and also south China sea Venezuela's tight
oil if all the types
of oil are included venezuela must be a heaven with a quarter
of global
oil reserves with +300 billion barrels more than 260 bbls
of Saudi Arabia that can still produce more than 10/11 million barrel / day that it's procucing today.
Kuwait is sticking with plans to add half a million barrels a day
of oil -
production capacity as it prepares for the eventual expiration
of the output quotas OPEC adopted to Continue Reading
Suncor's expected
production capacity from Syncrude is 205,590 bbls / d
capacity of sweet synthetic crude
oil.
It is likely these projects will be built, and with them there will be a 13 per cent surplus
of export pipeline
capacity, without the Trans Mountain project, when western Canadian
oil production peaks in the 2025 timeframe.
Permian
oil priced at Midland, Texas, now trades at a discount
of more than $ 11 a barrel to Brent as rising
production bumps up against pipeline
capacity
The facility which operates in the Jubilee
oil fields off the coast
of Ghana has the
capacity to process 120,000 barrels
of oil per day and has a storage
capacity of 1.6 million barrels, with an associated gas
production capacity of 160 million standard cubic feet a day.
The Bonga Floating
Production Storage and Offloading vessel receives crude and gas from production wells on the seabed and has the capacity to produce 225,000 barrels of oil and 210 million standard cubic feet of ga
Production Storage and Offloading vessel receives crude and gas from
production wells on the seabed and has the capacity to produce 225,000 barrels of oil and 210 million standard cubic feet of ga
production wells on the seabed and has the
capacity to produce 225,000 barrels
of oil and 210 million standard cubic feet
of gas per day.
In June a much - touted report by Leonardo Maugeri — an Italian
oil executive now at the Geopolitics
of Energy Project, based at Harvard University and part - funded by BP — forecast that far from running out
of oil, this decade will see the strongest growth in
production capacity since the 1980s and a «significant, stable dip
of oil prices».
Production commenced
of the FD25A rear differential, which features a high
capacity and is light and highly efficient due to the use
of a thin - walled cast iron carrier, equi - depth tooth gears, low - resistance bearings, low - viscosity
oil, and high - strength differential gears
Production of the BD21B rear differential commenced, featuring higher torque
capacity and improved durability compared to conventional differentials and using multi-row tapered roller bearings and low - viscosity
oil, thereby improving the transmission efficiency and fuel efficiency
Production commenced
of the VD19C front differential, which features a high
capacity and is light and highly efficient due to the use
of an aluminum carrier, equi - depth tooth gears, low - resistance bearings, and low - viscosity
oil
Chevron, headquartered in San Ramon, California, is the 2nd largest integrated energy company in the United States, with a
production capacity of 2.6 million
oil - equivalent barrels per day (75 %
of which comes from outside the United States) and global refining
capacity of 1.96 million barrels
of oil per day.
Depressed
oil and gas prices are jeopardizing energy
production levels, possibly impairing the economics
of large pipeline growth projects, and potentially creating excess pipeline
capacity in certain regions.
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.
Crude
oil is the fastest growing category
of hazardous shipments on North American rails because
of limited pipeline
capacity for booming Bakken
production.
New study forecasts sharp increase in world
oil production capacity, and risk
of price collapse
«Its willingness and ability to make timely investments in
oil production capacity will be a key determinant
of future
oil price trends.»
Radio Ecoshock 150408 Five percent
of the world's
oil tanker
capacity is waiting to load up near Basra Iraq, where
production...
Virtually all
of America's offshore
oil and gas rigs (providing about 17 percent
of U.S.
production) are along the Gulf Coast, as is almost half
of the country's refinery
capacity; a fact that the country was unhappily reminded
of when it was all shut down during Hurricane Harvey in 2017.
ENERGY OVERVIEW Proven
Oil Reserves (1 / 1 / 02E): 2.9 billion barrels Oil Production (2002E): 818,000 barrels per day (bbl / d), of which about 763,000 bbl / d was crude oil Oil Consumption (2002E): 483,000 bbl / d Net Oil Exports (2001E): 335,000 bbl / d Natural Gas Reserves (1 / 1 / 02E): 27.5 trillion cubic feet (Tcf) Natural Gas Production (2000E): 1.32 Tcf Natural Gas Consumption (2000E): 1.17 Tcf Net Natural Gas Exports (2000E): 0.15 Tcf Coal Reserves (2000E): 474 million short tons (Mmst) Coal Production (2000E): 0.33 Mmst Coal Consumption (2000E): 1.47 Mmst Electric Generation Capacity (1 / 1 / 00E): 24 gigawatts (GW) Electricity Generation (2000E): 82.8 billion kilowattthours (bkwh); conventional thermal 52 %, hydroelectricity 41 %, nuclear
Oil Reserves (1 / 1 / 02E): 2.9 billion barrels
Oil Production (2002E): 818,000 barrels per day (bbl / d), of which about 763,000 bbl / d was crude oil Oil Consumption (2002E): 483,000 bbl / d Net Oil Exports (2001E): 335,000 bbl / d Natural Gas Reserves (1 / 1 / 02E): 27.5 trillion cubic feet (Tcf) Natural Gas Production (2000E): 1.32 Tcf Natural Gas Consumption (2000E): 1.17 Tcf Net Natural Gas Exports (2000E): 0.15 Tcf Coal Reserves (2000E): 474 million short tons (Mmst) Coal Production (2000E): 0.33 Mmst Coal Consumption (2000E): 1.47 Mmst Electric Generation Capacity (1 / 1 / 00E): 24 gigawatts (GW) Electricity Generation (2000E): 82.8 billion kilowattthours (bkwh); conventional thermal 52 %, hydroelectricity 41 %, nuclear
Oil Production (2002E): 818,000 barrels per day (bbl / d),
of which about 763,000 bbl / d was crude
oil Oil Consumption (2002E): 483,000 bbl / d Net Oil Exports (2001E): 335,000 bbl / d Natural Gas Reserves (1 / 1 / 02E): 27.5 trillion cubic feet (Tcf) Natural Gas Production (2000E): 1.32 Tcf Natural Gas Consumption (2000E): 1.17 Tcf Net Natural Gas Exports (2000E): 0.15 Tcf Coal Reserves (2000E): 474 million short tons (Mmst) Coal Production (2000E): 0.33 Mmst Coal Consumption (2000E): 1.47 Mmst Electric Generation Capacity (1 / 1 / 00E): 24 gigawatts (GW) Electricity Generation (2000E): 82.8 billion kilowattthours (bkwh); conventional thermal 52 %, hydroelectricity 41 %, nuclear
oil Oil Consumption (2002E): 483,000 bbl / d Net Oil Exports (2001E): 335,000 bbl / d Natural Gas Reserves (1 / 1 / 02E): 27.5 trillion cubic feet (Tcf) Natural Gas Production (2000E): 1.32 Tcf Natural Gas Consumption (2000E): 1.17 Tcf Net Natural Gas Exports (2000E): 0.15 Tcf Coal Reserves (2000E): 474 million short tons (Mmst) Coal Production (2000E): 0.33 Mmst Coal Consumption (2000E): 1.47 Mmst Electric Generation Capacity (1 / 1 / 00E): 24 gigawatts (GW) Electricity Generation (2000E): 82.8 billion kilowattthours (bkwh); conventional thermal 52 %, hydroelectricity 41 %, nuclear
Oil Consumption (2002E): 483,000 bbl / d Net
Oil Exports (2001E): 335,000 bbl / d Natural Gas Reserves (1 / 1 / 02E): 27.5 trillion cubic feet (Tcf) Natural Gas Production (2000E): 1.32 Tcf Natural Gas Consumption (2000E): 1.17 Tcf Net Natural Gas Exports (2000E): 0.15 Tcf Coal Reserves (2000E): 474 million short tons (Mmst) Coal Production (2000E): 0.33 Mmst Coal Consumption (2000E): 1.47 Mmst Electric Generation Capacity (1 / 1 / 00E): 24 gigawatts (GW) Electricity Generation (2000E): 82.8 billion kilowattthours (bkwh); conventional thermal 52 %, hydroelectricity 41 %, nuclear
Oil Exports (2001E): 335,000 bbl / d Natural Gas Reserves (1 / 1 / 02E): 27.5 trillion cubic feet (Tcf) Natural Gas
Production (2000E): 1.32 Tcf Natural Gas Consumption (2000E): 1.17 Tcf Net Natural Gas Exports (2000E): 0.15 Tcf Coal Reserves (2000E): 474 million short tons (Mmst) Coal
Production (2000E): 0.33 Mmst Coal Consumption (2000E): 1.47 Mmst Electric Generation
Capacity (1 / 1 / 00E): 24 gigawatts (GW) Electricity Generation (2000E): 82.8 billion kilowattthours (bkwh); conventional thermal 52 %, hydroelectricity 41 %, nuclear 7 %
â $ œI believe that although there may be a number
of factors with regard to
oil, the predominant factor by far is supply and demand, is the fact that global
production and
capacity hasnâ $ ™ t increased appreciably over the last 10 years and the demand has continued to grow and inventories are at low levels, â $?
Harvey caused about one - fifth
of the nation's total refining
capacity to shut down and temporarily ceased about one - fourth
of oil production from the Gulf
of Mexico (Fortune, August 28).
ENERGY OVERVIEW Energy Minister: Ernesto Martens Rebolledo Head
of PEMEX: Raul Munoz Leos Proven
Oil Reserves (1 / 1 / 03E): 12.6 billion barrels (see Reserves and
Production)
Oil Production (2002E): 3.6 million barrels per day (bbl / d),
of which 3.18 million bbl / d was crude
Oil Consumption (2002E): 1.93 million bbl / d Net
Oil Exports (2002E): 1.68 million bbl / d Crude
Oil Refining
Capacity (1 / 1 / 03E): 1.7 million bbl / d Natural Gas Reserves (1 / 1 / 03E): 8.8 trillion cubic feet (Tcf)(see Reserves and
Production) Natural Gas
Production (2000E): 1.33 Tcf Natural Gas Consumption (2000E): 1.38 Tcf Recoverable Coal Reserves (2000E): 1.3 billion short tons Coal
Production (2000E): 10.86 million short tons Coal Consumption (2000E): 13.41 million short tons Net Coal Imports (2000E): 2.55 million short tons Electric Generation
Capacity (2000E): 38.9 million kilowatts Net Electricity Generation (2000E): 194.37 billion kilowatthours (bkwh); 74 % thermal, 18 % hydro, 5 % nuclear, 3 % other Net Electricity Consumption (2000E): 182.8 bkwh Net Electricity Imports (2000E): 2.07 bkwh
ENERGY INDUSTRY Organization:
Oil and natural gas - Petroleos de Mexicanos (Pemex), four operating subsidiaries (Exploration and Production, Refining, Gas and Basic Petrochemicals, Secondary Petrochemicals), Petroleos Mexicanos Internacional (PMI); Electric power and distribution - CFE and LFC; Natural gas and electric power regulation - Comission Reguladora de Energia (CRE) Major Ports: Gulf Coast - Cayo Arcos, Dos Bocas, and Pajaritos (handle most of Pemex's oil exports), Tuxpan, Ciudad Madero; Pacific Coast - Salina Cruz, Rosarito Major Oil - Producing Fields: Cantarell, Abkatun, Ku, Caan, Pol, Chuc Major Refineries (Crude Capacity): Salina Cruz (330,000 bbl / d), Tula Hidalgo (320,000 bbl / d), Salamanca (245,000 bbl / d), Cadereyta (275,000 bbl / d), Minatitlan (194,000 bbl / d), Ciudad Madero (320,000 bbl /
Oil and natural gas - Petroleos de Mexicanos (Pemex), four operating subsidiaries (Exploration and
Production, Refining, Gas and Basic Petrochemicals, Secondary Petrochemicals), Petroleos Mexicanos Internacional (PMI); Electric power and distribution - CFE and LFC; Natural gas and electric power regulation - Comission Reguladora de Energia (CRE) Major Ports: Gulf Coast - Cayo Arcos, Dos Bocas, and Pajaritos (handle most
of Pemex's
oil exports), Tuxpan, Ciudad Madero; Pacific Coast - Salina Cruz, Rosarito Major Oil - Producing Fields: Cantarell, Abkatun, Ku, Caan, Pol, Chuc Major Refineries (Crude Capacity): Salina Cruz (330,000 bbl / d), Tula Hidalgo (320,000 bbl / d), Salamanca (245,000 bbl / d), Cadereyta (275,000 bbl / d), Minatitlan (194,000 bbl / d), Ciudad Madero (320,000 bbl /
oil exports), Tuxpan, Ciudad Madero; Pacific Coast - Salina Cruz, Rosarito Major
Oil - Producing Fields: Cantarell, Abkatun, Ku, Caan, Pol, Chuc Major Refineries (Crude Capacity): Salina Cruz (330,000 bbl / d), Tula Hidalgo (320,000 bbl / d), Salamanca (245,000 bbl / d), Cadereyta (275,000 bbl / d), Minatitlan (194,000 bbl / d), Ciudad Madero (320,000 bbl /
Oil - Producing Fields: Cantarell, Abkatun, Ku, Caan, Pol, Chuc Major Refineries (Crude
Capacity): Salina Cruz (330,000 bbl / d), Tula Hidalgo (320,000 bbl / d), Salamanca (245,000 bbl / d), Cadereyta (275,000 bbl / d), Minatitlan (194,000 bbl / d), Ciudad Madero (320,000 bbl / d)
BIOFUELS (XLS PDF U.S. Highlights) World Annual Fuel Ethanol
Production, 1975 - 2009 U.S. Annual Fuel Ethanol
Production, 1978 - 2009 World Annual Biodiesel
Production, 1991 - 2009 U.S. Annual Biodiesel
Production, 2000 - 2009 NATURAL GAS (XLS PDF) World Natural Gas Consumption, 1965 - 2008 U.S. Natural Gas Consumption, 1965 - 2008 Natural Gas Consumption in China, 1965 - 2008
OIL (XLS PDF) World
Oil Production, 1950 - 2008 World's 20 Largest
Oil Discoveries U.S.
Oil Consumption, 1965 - 2008
Oil Consumption in China, 1965 - 2008 COAL (XLS PDF) Coal Consumption in Selected Countries and the World, 1980 - 2008 NUCLEAR (XLS PDF) World Cumulative Installed Nuclear Electricity - Generating
Capacity, 1970 - 2008 ENERGY PROFILES BY REGION World Energy Profile (XLS PDF) United States Energy Profile (XLS PDF) China Energy Profile (XLS PDF Highlights) Top
of Page
U.S. Department
of Energy (DOE), Energy Information Administration (EIA), Crude
Oil Production, electronic database, at tonto.eia.doe.gov, updated 28 July 2008; American Wind Energy Association (AWEA), «Installed U.S. Wind Power
Capacity Surged 45 % in 2007: American Wind Energy Association Market Report,» press release (Washington, DC: 17 January 2008); AWEA, U.S. Wind Energy Projects, electronic database, at www.awea.org/projects, updated 31 March 2009; future capacity calculated from Emerging Energy Research (EER), «US Wind Markets Surge to New Heights,» press release (Cambridge, MA: 14 August 2008); coal - fired power plant equivalents calculated by assuming that an average plant has a 500 - megawatt capacity and operates 72 percent of the time, generating 3.15 billion kilowatt - hours of electricity per year; residential consumption calculated using «Residential Sector Energy Consumption Estimates, 2005,» in DOE, EIA, Residential Energy Consumption Survey 2005 Status Report (Washington, DC: 2007), with capacity factor from DOE, National Renewable Energy Laboratory (NREL), Power Technologies Energy Data Book (Golden, CO: August 2006); population from U.S. Census Bureau, State & County QuickFacts, electronic database, at quickfacts.census.gov, updated 20 Februa
Capacity Surged 45 % in 2007: American Wind Energy Association Market Report,» press release (Washington, DC: 17 January 2008); AWEA, U.S. Wind Energy Projects, electronic database, at www.awea.org/projects, updated 31 March 2009; future
capacity calculated from Emerging Energy Research (EER), «US Wind Markets Surge to New Heights,» press release (Cambridge, MA: 14 August 2008); coal - fired power plant equivalents calculated by assuming that an average plant has a 500 - megawatt capacity and operates 72 percent of the time, generating 3.15 billion kilowatt - hours of electricity per year; residential consumption calculated using «Residential Sector Energy Consumption Estimates, 2005,» in DOE, EIA, Residential Energy Consumption Survey 2005 Status Report (Washington, DC: 2007), with capacity factor from DOE, National Renewable Energy Laboratory (NREL), Power Technologies Energy Data Book (Golden, CO: August 2006); population from U.S. Census Bureau, State & County QuickFacts, electronic database, at quickfacts.census.gov, updated 20 Februa
capacity calculated from Emerging Energy Research (EER), «US Wind Markets Surge to New Heights,» press release (Cambridge, MA: 14 August 2008); coal - fired power plant equivalents calculated by assuming that an average plant has a 500 - megawatt
capacity and operates 72 percent of the time, generating 3.15 billion kilowatt - hours of electricity per year; residential consumption calculated using «Residential Sector Energy Consumption Estimates, 2005,» in DOE, EIA, Residential Energy Consumption Survey 2005 Status Report (Washington, DC: 2007), with capacity factor from DOE, National Renewable Energy Laboratory (NREL), Power Technologies Energy Data Book (Golden, CO: August 2006); population from U.S. Census Bureau, State & County QuickFacts, electronic database, at quickfacts.census.gov, updated 20 Februa
capacity and operates 72 percent
of the time, generating 3.15 billion kilowatt - hours
of electricity per year; residential consumption calculated using «Residential Sector Energy Consumption Estimates, 2005,» in DOE, EIA, Residential Energy Consumption Survey 2005 Status Report (Washington, DC: 2007), with
capacity factor from DOE, National Renewable Energy Laboratory (NREL), Power Technologies Energy Data Book (Golden, CO: August 2006); population from U.S. Census Bureau, State & County QuickFacts, electronic database, at quickfacts.census.gov, updated 20 Februa
capacity factor from DOE, National Renewable Energy Laboratory (NREL), Power Technologies Energy Data Book (Golden, CO: August 2006); population from U.S. Census Bureau, State & County QuickFacts, electronic database, at quickfacts.census.gov, updated 20 February 2009.
Cost
oil disputes, meanwhile, arise from legal issues pertaining to first
production, where the scrutiny
of exploration and development costs lead to arguments over the
capacity or expertise
of states to properly audit such statements, which explains why expert consultancy FTI opened in South Africa in April this year.
Led from Calgary, with significant
capacity in Edmonton and Vancouver, DLA Piper (Canada) LLP's
oil and gas practice acts for a wide range
of exploration and
production players, oilfield service companies and other stakeholders in a broad range
of regulatory and transactional matters.