Sentences with phrase «oil project in»

Instructed (with Ricky Diwan) in an arbitration under the UNCITRAL rules concerning issues of contractual construction in relation to a major oil project in North Africa.
A return rate that Baytex claims is one of the highest for any oil project in North America.
Santos and Quadrant Energy have signed a deal for the sale of the Stag oil project in the Carnarvon Basin to Malaysian company Sona Petroleum for $ US50 million ($ A70 million).
Energy giant Woodside Petroleum will proceed with development of its $ US1.9 billion ($ A2.6 billion) Greater Enfield oil project in the Carnarvon Basin.
The ruling arose from the expropriation of ConocoPhillips» investments in two heavy crude oil projects in 2007 at a time then - President Hugo...
It's also an economic dynamo; shale natural gas and oil projects in just one region, the Marcellus shale, were responsible for more than 72 million man hours 5 of direct and indirect labor construction hours from 2008 through the first half of 2014.

Not exact matches

Andurand, who runs oil hedge fund Andurand Capital Management LLP, wrote in a string of tweets on Sunday that companies may be less willing to risk investment in long term oil projects because of low crude barrel prices and a predicted peak in electric vehicle demand.
The Moho Nord oil project is also an opportunity to help create value in the host country.
It's a major investment, planned to last 30 years, making it the biggest oil project ever undertaken in the country.
They point to recent examples, in which Woodside announced a major project to extract oil from mallee trees and produce electricity, in a venture that appears greener than an Irishman's heart.
On Thursday, it announced it would reduce its production guidance for the year by about 10,000 barrels of oil equivalent per day to an average of about 315,000 boe / d, with exit production of about 335,000 boe / d, to account for lower heavy oil production, an advanced schedule for maintenance at its Tucker oilsands project and a slower ramp up in liquids - rich natural gas output from its BD Project in Indproject and a slower ramp up in liquids - rich natural gas output from its BD Project in IndProject in Indonesia.
Job creation is projected to slow down over the next few years due to technological advances in oil sands processing and a slower growth in international demand for oil products, but the growing demand for base metals is expected to buoy employment opportunities.
As well as its decision on upstream oil and gas, the World Bank Group said on Tuesday that it would, among other things, report the greenhouse gas emissions arising from investment projects it finances in «key emissions - producing sectors» from 2018.
Oil companies have slashed spending, scrapped new projects, slashed tens of thousands of jobs, renegotiated supply contracts and increased borrowing in order to weather the more than halving of oil prices since June 20Oil companies have slashed spending, scrapped new projects, slashed tens of thousands of jobs, renegotiated supply contracts and increased borrowing in order to weather the more than halving of oil prices since June 20oil prices since June 2014.
But van Beurden has been slimming down his portfolio of oil projects with the intent of keeping only those lean enough to make good returns in a world in which oil prices average no more than $ 40 a barrel, well below the average price over the past decade.
Called the «value - investment ratio,» it assesses the minimum oil price a project will need in order to throw off, far into the future, Shell's desired level of return.
Last March, Royal Dutch Shell said it was selling most of its stake in Canada's oil sands, a vast project that has extracted millions of barrels of sticky, gooey hydrocarbons from the ground in a process that resembles mining more than drilling.
Part of Shell's Athabasca oil sands project in Alberta, Canada.
Recently, in a move that is wonky but has massive repercussions, Shell enlarged the accounting toolbox it uses to decide which oil projects to invest in.
U.S. oil giants Exxon Mobil and ConocoPhillips both left huge crude projects in Venezuela's Orinoco Belt after President Hugo Chavez nationalized them as part of his socialist revolution.
The state Public Service Commission approved the Cherry Creek Pipeline project Monday, saying it will provide a safer transportation option and help reduce the wasteful flaring of excess natural gas in the oil patch, The Bismarck Tribune...
The project's three fields, Chayvo, Odoptu, and Arkutun Dagi, produce some 100,000 barrels of oil a day in temperatures that drop to nearly 50 degrees below zero.
Goldman Sachs has downgraded its estimations for oil prices for this year, citing a potential rise in shale gas production, new projects and OPEC restrictions.
The B.C. government has pinned much of the province's economic future on LNG exports, saying the projects are equivalent to Alberta's oil sands in terms of jobs and revenue generation.
Hemp oil that is full of cannabidiol (CBD), a cannabinoid with neuroprotectant, antioxidant and other therapeutic qualities, generated $ 130 million in sales in 2016 and is projected to reach $ 350 million by 2020.
It said the ramp - up of production from new projects such as Yamal LNG in Russia and Moho Nord in Congo, along with newly acquired assets, including Maersk Oil and Al Shaheen in Qatar, had enabled it to reach record production during the quarter.
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.
It is also planning to drill up to three new oil wells on a new project in Colorado after strong results from its first well drilled last year.
We witnessed an analogous situation in 2005 when PetroChina invested in Enbridge Inc.'s Northern Gateway oil pipeline project, then withdrew its support two years later (whereupon Enbridge shelved the project).
Job creation is, however, projected to slow over the next few years due to technological advances in oil sands processing and slower growth in international demand for oil products.
Empire Oil & Gas has kicked off a $ 15.7 million capital raising to fund new drilling at its flagship Red Gully North project and evaluate other projects in the Perth Basin near Gingin.
Oil and gas company AWE has sold its stake in the Cliff Head offshore oil project to Elixir Petroleum, for an upfront payment of $ 1 milliOil and gas company AWE has sold its stake in the Cliff Head offshore oil project to Elixir Petroleum, for an upfront payment of $ 1 millioil project to Elixir Petroleum, for an upfront payment of $ 1 million.
Oil and gas explorer Tangiers Petroleum has raised $ 7 million in a discounted placement to complete its acquisition of the Icewine project in Alaska.
Given the projected growth in the oil sands, this might seem like a sure thing, but it's not.
Shares in oil and gas explorer 88 Energy have surged after the company completed an oversubscribed $ 25 million capital raising to fund ongoing work at its Icewine project in Alaska.
«Market fundamentals remain supportive, as crude oil prices are relatively rangebound, providing stability to customers as they evaluate projects,» said Baker Hughes Chief Executive Officer Lorenzo Simonelli in a statement.
That's despite the fact premiers Christy Clark and Alison Redford, in a backgrounder to their recent agreement on the ground rules for building pipelines, warned that oil may end up crossing B.C. by train en route to Asia regardless of whether the Northern Gateway or Trans - Mountain Expansion projects go ahead.
Additionally, it comes at a time when oil prices are on the rise, but stuck in a range that makes multibillion - dollar projects in new offshore areas unattractive for many drillers.
Recent federal lease sales have generated a tepid response, said Imran Khan, who leads Wood Mackenzie's commercial valuation team for oil and gas projects in the Gulf of Mexico.
Sometimes, the harm is overt, like in the case of BP's oil spill, but often it's more subtle, like when employees invest hope and time in a project that fails.
US - focused oil and gas exploration company Target Energy has announced plans for a $ 3.6 million capital raising, a farm - in agreement for a project in South Texas and changes to its board.
Last year, Saudi Arabia pledged billions of dollars of investments in projects in Indonesia and Malaysia to secure long - term oil supply deals.
Its study, Mining and Heavy Industry Construction in Australia 2002 - 2017, released earlier this year, says that the upswing would be initially driven by major oil and gas projects, and would broaden across most mineral sectors by mid-decade.
(In 2011, Cenovus Energy let on that output from two of its in situ oilsands projects could meet the standard, which mandates that crude oil imported to the state have lower wells - to - wheels emissions than the average of all crudes sold in the U.S.) «Yes, I think that's feasible,» says George Hoberg, a political scientist at the University of British Columbia who specializes in environmental conflicIn 2011, Cenovus Energy let on that output from two of its in situ oilsands projects could meet the standard, which mandates that crude oil imported to the state have lower wells - to - wheels emissions than the average of all crudes sold in the U.S.) «Yes, I think that's feasible,» says George Hoberg, a political scientist at the University of British Columbia who specializes in environmental conflicin situ oilsands projects could meet the standard, which mandates that crude oil imported to the state have lower wells - to - wheels emissions than the average of all crudes sold in the U.S.) «Yes, I think that's feasible,» says George Hoberg, a political scientist at the University of British Columbia who specializes in environmental conflicin the U.S.) «Yes, I think that's feasible,» says George Hoberg, a political scientist at the University of British Columbia who specializes in environmental conflicin environmental conflict.
Richard Sawaya of the National Foreign Trade Council estimates the provision in question could force American companies to exit more than $ 100 billion worth of offshore oil and gas projects worldwide.
«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.»
Tourmaline Oil, a natural gas producer in Calgary, should benefit if and when projects are completed.
Under former president Barack Obama, Transcanada Corp's Keystone XL oil pipeline was rejected in 2015 after environmentalists campaigned against the project for more than seven years.
More than half of affected reserves are in deep - water projects, and nearly 30 percent are in Canadian oil sands.
Opportunity 4: LNG projects in British Columbia move ahead Company to consider: Tourmaline Oil Corp..
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