Sentences with phrase «other oil producing countries»

The competition from these countries, as well as conflicts in other oil producing countries, crude oil prices have increased.

Not exact matches

It's easy to see why we should produce our own energy — relying on other countries for oil, natural gas, and coal (the biggest sources used today) can get complicated.

Late last year, the Organization of the Petroleum Exporting Countries and other producing countries announced oil output cuts of 1.8 million barrels per day (bpd) for the first six months of tCountries and other producing countries announced oil output cuts of 1.8 million barrels per day (bpd) for the first six months of tcountries announced oil output cuts of 1.8 million barrels per day (bpd) for the first six months of this year.

At the same time, the low level of oil prices will continue to dampen growth in Canada and other energy - producing countries.

Among commodities, oil prices moved higher as fears about rising US shale production abated somewhat, and market participants began giving more weight to the effectiveness of supply cuts by members of the Organization of the Petroleum Exporting Countries and several other large oil - producing cCountries and several other large oil - producing countriescountries.

Following an agreement late last year among members of the Organization of the Petroleum Exporting Countries and several other large oil - producing countries to restrict supplies, prices rose and largely held their gains as participants appeared to be mostly complying with the terms of Countries and several other large oil - producing countries to restrict supplies, prices rose and largely held their gains as participants appeared to be mostly complying with the terms of countries to restrict supplies, prices rose and largely held their gains as participants appeared to be mostly complying with the terms of the deal.

What is at play here is the unfair situation that other properly run clubs have to face when competing with resources of an Oil producing country and this just is not healthy for the sport!

Certainly, oil has attracted a lot of dubious characters into the country and it's not just Ghana, also Nigeria and many other oil - producing countries on the continent.

The governor said: «It is shameful that Nigeria produces crude oil but imports refined petroleum products from other countries that have no crude oil deposits, instead of our refineries to be functional.

Are you aware that multinational oil companies are selling oil produced here in the US to China and other foreign countries to maximize profits?

Mark Brownstein, a climate expert at the non-profit Environmental Defense Fund, said the countries, two of the world's largest petroleum drillers, showed real leadership in «setting a mark for other major oil and gas producing nations.»

With two of the world's largest oil and gas producing countries moving ahead toward a 45 - percent reduction, it sets a mark for other oil and gas nations to meet.»

Palm oil plantations decimate orangutan populations and threaten other endangered species such as tigers, rhinoceros, and elephants indigenous to Malaysia and Indonesia, the two countries that produce 85 percent of the world's palm oil.

According to EIA, the quantity of oil and other liquid energy sources produced by the three countries could outpace their liquid fuels consumption as soon as 2020.

And in other news, Germany imported 91 million tonnes of crude oil in 2016 while it produced only 2 million tonnes from the country's 50 oil fields.

If total oil supply based on these numbers are compared, the United States actually produces more oil than these other countries because the United States produces far more oil from natural gas and other liquids (e.g. ethanol) and refinery gain than do the other countries.

The initiative aims to differentiate Malaysian palm oil from that produced in other countries, while offering a less stringent alternative to the Roundtable on Sustainable Palm Oil, the sector's leading certification booil from that produced in other countries, while offering a less stringent alternative to the Roundtable on Sustainable Palm Oil, the sector's leading certification boOil, the sector's leading certification body.

Kern County, home to B - Town, produces more oil than any other country in America.

American reserves of crude oil and natural gas have risen for six consecutive years, although the U.S. produced more oil and natural gas than any other country in 2014, according to the U.S. Energy Information Administration.