Sentences with phrase «oil refining sector»

Among its former students it boasts the inventor of the television, John Logie Baird, and James «Paraffin» Young, the driving force behind today's oil refining sector — and often referred to as the «father of the oil industry».

Not exact matches

Fourth - quarter profits in Exxon's downstream sector, which is focused on refining crude oil into fuels like gasoline, also rose $ 323 million from a year earlier.
The energy sector rose by 11 per cent, largely reflecting strong oil prices and refining margins and several exploration successes.
The index also extends into some unexpected sectors like oil & gas refining and marketing.
Australia's petrol station sector is set for another major shake - up with plans emerging for a potential $ 2 billion - plus IPO of Viva Energy, which acquired Shell's oil refining and marketing business in 2014.
There is also a fourth problem with the structure and nature of domestic production in Nigeria - agriculture is sub-modern, dominated by small holders and insufficiently linked with domestic processing, agro-allied and manufacturing; wholesale and retail trade is largely in imported products; and the oil export is of crude, unprocessed oil without a local refining sector and no domestic value - added (meaning no domestic jobs and productivity!)
On May 20, 2015, nine days BEFORE the government was inaugurated, I laid out «Policy Prescriptions» - diversification of production, government revenue, and exports; imperative of a strong and credible economic team and cabinet; targeting «opportunity sectors» (solid minerals, refining and petrochemicals, a new and realistic fiscal regime for upstream oil and gas, private sector investments in power and infrastructure, agro-processing, retail and construction); freeing «up resources from downstream petroleum sector deregulation» emphasizing «an economic reality in which hard decisions including some previously rebuffed by the opposition will have to be taken» a clear reference to the petrol subsidy which government waited a full year before countenancing the critical decision!
«It may soon come to a situation whereby Nigeria will be importing refined oil from small countries like Chad and Niger, if urgent steps are not taken by the government to address the prevailing problems facing the oil sector
As a major oil producer, involving the private sector — and I am aware that Dangote is building some refineries and tank storage capacities — it should be possible to process Nigerian oil locally into finished petroleum products and export them to West Africa and the rest of Africa without us having to import petroleum products from outside.Speaking as a former leader of an African country, I can tell you that our quest to build our countries into industralised economies that can begin refining our own raw materials and manufacturing what we need, is not a development paradigm that the rich nations are enthused about.
MLP investment opportunities tend to be in the energy sector because 90 % of the income generated by an MLP must come from exploration, mining, extraction, refining of oil and gas and the transportation of alternative fuels like biodiesel.
An analysis of the US refining sector, based on linear programming (LP) modeling, finds that refining plausibly high volumes of Canadian oil sands crudes in US refineries in 2025 would lead to a modest increase in refinery CO2 emissions (ranging between 5.4 % to 9.3 %) from a 2010 baseline, depending upon... Read more →
The U.S. Energy Department said algae - based fuels have the potential to displace 17 percent of the oil imported for use in the transportation sector and in August, Sapphire secured a $ 5 million grant from the federal government to help develop the refining process for algae - based fuels.
A quarter of global refining capacity could become unviable and be forced to close by 2035 as a swelling tide of climate regulations and rapid advances in clean technologies cut oil demand, finds a report launched today by Carbon Tracker highlighting sector risks for investors.
Most of the primary energy delivered to the sector is transformed into a diverse range of final energy products including electricity, heat, refined oil products, coke, enriched coal, and natural gas.
Environmentalists mistakenly think that blocking the Keystone pipeline will prevent crude oil, derived from Canada's oil sands, from being extracted and from being conveyed into the U.S. to be refined into gasoline, asphalt, and other products that are important to the transportation and manufacturing sectors.
He has authored a number of Carbon Tracker's major reports on these sectors, including the Carbon Supply Cost Curves series, scenario analysis of the oil refining industry in Margin Call, and exploring transition risk at the company level in 2 Degrees of Separation.
As the video indicates, the U.S. refining sector is efficient, wasting nothing from a barrel of oil.
When we see new infrastructure coming online — such as the Dakota Access Pipeline, delivering Bakken crude to refineries in Illinois — it represents jobs in the oil fields, in the construction and refining sectors and all along the natural gas and oil industry's long supply chain.
Over all, the oil and gas sector will see its emissions rise by 46 megatonnes, after taking into account expected reductions from pipelines, refining and the production of non-oil-sands crudes.
Singapore is a leader in several economic sectors, including foreign exchange, financial services, casino gambling, oil - refining and oil - rig production and ship repair services.
With offices in Mexico City, Monterrey and Houston, Avant Energy will focus on the development, construction and operation of infrastructure for Mexico's oil, natural gas, refined products and electricity sectors, as well as participate in the recently liberalized markets for these products and services.
Avant Energy is a Mexican company focused on the development, construction and operation of infrastructure for the country's oil, natural gas, refined products and electricity sectors, as well as on participation in the recently liberalized markets for these products and services.
Named the U.S. News & World Report - Best Lawyers» 2015 Law Firm of the Year for Energy, our team serves the electric power sector (conventional, nuclear, renewable, including wind and solar, and transmission), the oil and gas sector (upstream, midstream, and liquefied natural gas, refining, and petrochemicals), the water industry, and financial institutions, investment funds, project developers, state - owned enterprises, and public - private partnerships in the energy sector.
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