Sentences with phrase «other oil producers»

Exxon's report does not seem to consider the financial risk to it and other oil producers from the potential for global oil demand to begin declining within the next 10 - 15 years, even without robust climate policies.

Unable to compete on the marketplace, other oil producers moved the war into the newspapers and then the courts, all orchestrated behind the closed doors of collusion.

Lots of money will be available USA not protecting other oil producers this time

OPEC is working on a «very long - term» deal to try to extend its alliance with other oil producers, Secretary General Mohammad Barkindo said at an energy conference in Baghdad, Iraq on Wednesday.

Not exact matches

Oil prices might have bottomed as output in the United States and other non-OPEC producers is beginning to fall quickly and an increase in supply from Iran has been less than dramatic, the International Energy Agency said on Friday.

Cenovus, one of the biggest of Canada's oil sands producers, said in March that it was operating at lower capacity due to the maxing out of pipelines and other routes through which it sends heavy oil south to U.S. markets.

Saudi Arabia and Russia, along with Qatar and Venezuela, said on February 16 that they would freeze oil production at January levels, provided other big producers agreed to join them.

The prospects for an oil price recovery are still unclear, van Beurden said, despite attempts by OPEC and other producers to agree a deal to limit output and reduce the global glut which has pushed oil prices down by 50 % since June 2014.

Analysts and investors generally praised the deal as data analytics and other high - technology operations grow in demand among oil producers.

With headquarters in London and Houston, the combined company will have roughly $ 23 billion in annual revenue and offer oilfield gear including blowout preventers, pumps, drilling, chemicals, other products and services for oil producers in 120 countries.

OPEC, along with Russia and several other producer nations, is keeping 1.8 million barrels a day off the market through the end of the year in order to shrink global stockpiles of oil.

Other analysts, like economist Nouriel Roubini, argued that cheap oil would last just a year or 18 months before producers like Saudi Arabia had successfully flushed out higher - cost competitors like shale producers here in the U.S.

Russia independently or in conjunction with allies Iran and Syria could flood global markets, thus dropping prices for not only themselves, but for those on the other side of the Syrian conflict, predominantly impacting Saudi Arabia and the US — the number two and three world oil producers, respectively.

The banks says the long - oversupplied oil market is tightening up more quickly than expected as global economic growth fuels demand and output cuts by OPEC, Russia and several other producers eat into the world's crude stockpiles.

* Oil prices edged higher, a day after OPEC and other major producers agreed to extend output curbs until the end of 2018.

The deal to cut oil output by 1.8 million barrels a day was adopted last winter by the 14 - member OPEC cartel, Russia and nine other global producers.

Oil prices are near their highest since late 2014 thanks to strong demand and supply cuts by the Organization of the Petroleum Exporting Countries (OPEC) and other producers including Russia.

In keeping with the idea that every company is a tech company, we'll have plenty of speakers representing other industries, including General Motors President Dan Ammann, who is trying to keep his company relevant in an era of ride sharing and self - driving cars; Charles Koch, CEO of Koch Industries, which owns oil pipelines, a lumber business, and a fertilizer producer; and Toys R Us CEO Dave Brandon, who must grapple with the shift by customers to buy online.

This Calgary - based small - cap provides fracturing and other well - stimulation services to Canadian oil and gas producers.

Rather than an oil ETF, with our longer view, we prefer ETFs that invests in oil producers who naturally have exposure to WTI, Brent and other petro sources and pay dividends.

Lending to oil and natural gas producers poses a bigger threat to U.S. banks than most other industrial sectors, said Bill Haas, deputy comptroller for midsize bank supervision at the Office of the Comptroller of the Currency, which regulates 1,620 national banks and thrifts.

However, since Canada's population is concentrated in markets that already fetch their oil at higher world prices, even if western Canadian producers were to access better prices for their products, that would be unlikely to have a meaningful effect on gasoline prices or other segments of our economy.

Saudi Arabia designed the low - price strategy aimed at making oil production too costly for competitors in North America and Russia, and has refused to make more significant output cuts unless other producers agree to do the same.

Like other exporters, Canadian oil and gas producers have worried about protectionist rhetoric employed by Mr. Trump, and a border adjustment proposal in Congress that could effectively place an import tax on goods entering the U.S. market.

CALGARY — Multiple workers were injured and some transported to hospital on Thursday morning after a fire broke out at Husky Energy Inc.'s refinery in Superior, Wisc. putting the Calgary - based oil producer on the defensive, as it argued there were no known commonalities between the accident and other recent operational mistakes.

Thursday's fire overshadowed the company's financial results, which were less affected by large discounts for Canadian heavy oil than other domestic producers.

While other producers operate with very little regulation, Alberta has been in the spotlight for a number of years for its «Dirty» oil.

The strategy is designed to drive out higher - cost producers of heavy oil and shale, whose rapid development is squeezing Middle East crude out of the huge U.S. market and threatens to eat into its share of other lucrative growth markets.

In other cases, the story is more nuanced: For example, oil and gas extraction firms benefit, while the producers of petroleum and coal products lose, echoing the tension between refiners and oil - shale producers.

Market participants continued to weigh the supply - side impact of production cuts by the Organization of the Petroleum Exporting Countries (OPEC) and other major oil producers in late 2016 and, on the other hand, the ability of the US shale oil industry to maintain output in the face of lower prices.

The crude oil production cut deal that OPEC, Russia, and several other producers agreed to late last year could get yet another extension.

Though recent rumours have abounded about a potential production freeze by Russia, Saudi Arabia and other major producers, it has so far failed to materialize or have long - term effects on oil prices.

The company, Canada's No. 2 pipeline operator, released a letter sent to U.S. Secretary of State John Kerry and other department officials saying that increased carbon levies for Alberta oil sands producers and new Canadian targets for greenhouse - gas emission cuts should serve to help assuage U.S. concerns that approving the C$ 8 billion ($ 6.41 billion) project would increase climate change.

Given that the pipeline is anticipated to create about $ 4 billion per year in profits to the Enbridge shareholders and oil sands producers, these are odious profits that come at the expense of people in other countries and into the future.

Lee said Saudi Arabia is going head to head with other Mideast producers for share in Asia, where there is a 20 million to 25 million barrel a day oil deficit.

These and other smaller producers, who have been aggressively battling each other for market share in Asia, continue to add to the more than 1 million barrel a day world oil glut.

Canadian oil producers still can use U.S. port facilities to export their oil to other countries, but now they have another major competitor on world markets, the United States.

Extracting oil from Alberta, Canada's oil sands is expensive, so Cenovus» shares generally benefit more from rising oil prices than most other energy producers.

He had nothing good to say about coconut oil other than it is being promoted by the coconut oil producers as a health food when it is not.

We think of it as one of the healthiest foods we can eat, but to boost profits, some producers have been caught adulterating the oil they label as «extra virgin» with much cheaper hazelnut, soy, or sunflower seed oil, among others, as well as mislabeling its country of origin.

«Palm oil is already widely used in food manufacture and for good reason; oil palms are highly efficient oil producers requiring ten times less land than other oil - producing crops.

By joining GreenPalm and trading certificates, palm oil producers have earned an additional $ 9m for their efforts — a clear incentive to continue working sustainably and a powerful message to other producers that the sustainable route is a commercially worthwhile one to take.

«Our collective aim is to raise the awareness of truly sustainable palm oil [so that] other producers that meet this highest standard of sustainability join the program, thus eventually becoming a collaboration of organic fair trade producers that can truly move the needle in impacting the palm oil industry.»

As oil prices have skyrocketed from 2000 onwards, the differences in the amounts that the UK levies compared to other large North Sea producers (and not only Norway) have reached astonishing proportions.

Existing technologies allow oil producers who can not pump the natural gas into a pipeline to simply reinject it back underground, use it to generate electricity or, by installing a so - called Fischer — Tropsch conversion system, change the former nuisance gas into liquid fuel, among other options.

Unfortunately, many olive oil producers are diluting their oil with other oils.

Extracting oil from olives is better reserved for expert growers and producers, but you can immediately enjoy high - quality olive oil in your salads and other no - cook recipes.

With all of the recent coconut oil lovin»... I'd say it's pretty safe to assume that their recommendation of switching to other unsaturated fats such as «soybean, canola, and corn oil» may come from the fact that one of their sponsors is one of the leading producers of genetically engineered seeds on the planet.

He had nothing good to say about coconut oil other than it is being promoted by the coconut oil producers as a health food when it is not.

In my home town, we just had a major maker of tortilla chips announce sourcing of corn and cottonseed oil from non-GMO producers, and other manufacturers will follow suit.