Not exact matches
Unfortunately, the two firms have yet to do a simulation
of how the situation
with Keystone XL and Northern Gateway will turn
out, though Deloitte's
oil and gas consulting lead, Geoffrey Cann, agreed game theory «is tailor - made for it.»
For its part, the
oil and gas industry, by pouring investment into the oilsands
with little concern for how it's going to get the
oil out to markets, «is playing a high - stakes game
of chicken,» Cann adds.
Phil Davidson sees the company's prospects rising
with those prices, so much so that if
oil has a very long rally, «we will probably be
out of the stock,» selling to take profits.
The sharp rebound in
oil and other commodity prices that came
with China's renewed vigour certainly pulled Canada
out of the pit.
Fast forward to 2016, when Putin himself came
out in favor
of coordinating
with the cartel amid the continued corrosiveness
of lower
oil prices.
Neon Energy has backed
out of a merger agreement
with MEO Australia after Evoworld Corporation agreed to make a revised off - market takeover offer for 50 per cent
of the shares it doesn't already own in the
oil and gas producer.
Now,
with billions in new revenues flowing
out of these deposits, a growing number
of oil - and - gas - field services firms have emerged
with solutions to the problem
of how to remediate the huge volumes
of heavily polluted water that comes
out of the ground.
Teens are even more critical,
with two
out of three saying the
oil and gas industry causes problems instead
of solving them.
He flunked
out, he says,
of honours chemistry at McGill, and after graduating
with a general science degree, worked for a while at Shell
Oil as a business analyst.
«We're based
out of Calgary, and I remember the conversation
with our CEO where we asked, «Why aren't we doing this for
oil and gas?»
Oil prices have skyrocketed around 40 percent since the middle
of 2017,
with Brent crude rising to multi-year highs above $ 71 a barrel, before a pullback last week wiped
out its gains for 2018.
The faster
oil services firms and
oil exploration companies adopt digitalization, the more data they generate
with every well they drill and every digital map
of oil resources they create — but that data is now the subject
of hot debate as the
oil industry tries to figure
out who owns that data.
When the city
of Lillehammer could only scrounge up $ 289 million to foot the bill, the
oil - rich Norwegian national government ended up bailing
out the city
with the rest
of the $ 1 billion in order to avoid national embarrassment.
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.
The facts are not right here, energy is cheap that means the cost
of manufacturing and transporting
of goods is low, food and consumers staples already more affordable, so what if a few American
oil companies going
out of business.the cost
of producing
oil in middle east is less than $ 10 / bl and we were paying more than $ 140 / bl for it,
with that huge profit margin the big
oil companies and
oil producing nations became richer and the rest
of us left behind,
with the
oil price this low the
oil giants don't want to reduce the price at pump even a penny, because they are so greedy.worst case scenario is some CEOs bonuses might drop from $ 20 million to $ 15 millions I am sure they will survive.in terms
of the stock market it always bounces back, after all it's just a casino like game.
That would have essentially taken control
of Russian
oil out of the national patrimony, and probably left it
with little sales and export revenue after Exxon's accountants had done the usual creative tax strategies using flags
of convenience and offshore banking centers to leave no reported taxable earnings.
Share: FacebookTwitterLinkedinGoogle + emailYou wouldn't know it from the media coverage, but the biggest energy story coming
out of last week's visit to Canada by Indian Prime Minister Narendra Modi had nothing to do
with oil and gas prospects, or uranium.
thanks, and yes, a pittance
of a pension and regular checkups keep us on budget and head off any problems — best decision i ever made (financial or otherwise) was serving our country doing search - and - rescue,
oil and chemical spill remediation, etc. (you can guess the branch
of service)-- along the way, frugal living, along
with dollar - cost averaging, asset allocation, and diversification allowed us to retire early — Vanguard has been very good over the years, despite the Dot Bomb, 2002, and the recession (where we actually came
out better
with a modest but bargain retirement home purchase)... it's not easy building additional «legs» on a retirement platform, but now that we're here, cash, real estate, investments and insurance products, along
with a small pension all help to avoid any real dependence on social security (we won't even need it at full retirement age)-- however, like nearly everybody, we're headed for Medicare in several years, albeit
with a nice supplemental and pharmacy benefits — but our main concern is staying fit, active, and healthy!
Crude
oil has regained a path
of least resistance north as inventories come back into the picture
with expectations trickling
out today and API at 3:30 p.m. Central.
By connecting land - locked
oil deposits in Alberta and North Dakota
with world markets, pipelines and railways aren't just letting industry pull more
oil out of the ground — they're also connecting those
oil flows to world prices.
«We're
out of balance right now and [sanctions] would make us more
out of balance,» said Rick Joswick, managing director for
oil with the PIRA Energy Group, a unit
of S&P Global Platts.
«I might lose whatever credibility I have
with readers if I suggested flat
out that a book centered around the subject
of oil, written by an economist, was a page - turner, but I am willing to say
with conviction that Why Your World Is About To Get A Whole Lot Smaller, by former CIBC Chief Economist Jeff Rubin, is a fantastically compelling read.
Disrupted refining capacity along the Gulf Coast, along
with the impact on millions
of motorists, took a large bite
out of oil demand, leading to temporary losses for WTI.
Even
with the added shipments
out of the Midwest, a glut
of oil remains, and the excess supply has pushed down prices.
That works
out to 67 percent
of the value
of Canada's total merchandise trade surplus
with the U.S.
of about C$ 76 billion — and 41 percent
of U.S. crude
oil imports in 2016.
Russia could pull
out of the OPEC
oil production cut deal before the end
of 2018 — or right after — as it has no obligation to stick
with it, Iran's Energy Minister, Bijan Continue Reading
The energy sector has been
out of favor for so long now that the lack
of investment combined
with OPEC production cuts are pushing down global
oil inventories while world economies continue to grow.
Though most
of the explosion in the Bakken region is already played
out, and though a large portion
of the
oil workers in the region have already found permanent housing situations, I expect the growth in the Price / Book multiple coupled
with steady earnings (if not growing earnings) to secure the safety
of this investment for the near future.
Last week, just a day after the output cut deal was extended as - is until March 2018, Novak said in an interview
with CNBC that deeper cuts to OPEC's
oil production were not
out of the question, but their implementation would depend on how things unfold
with the current agreement.
As industry job cuts top 200,000 worldwide, Exxon has kept its 75,300 - strong workforce intact
with none
of the sweeping layoffs seen at other
oil companies, including its biggest U.S. rival Chevron Corp. «Exxon is just stronger financially than anyone else
out there,» Brian Youngberg, an analyst at Edward Jones & Co. in St. Louis, said in an interview.
According to Mr. Prentice, it is because there are currently more sellers than buyers in the
oil patch (and
with the new Investment Canada restrictions, Canada has just ruled
out an important set
of prospective buyers); because Canada has an infrastructure deficit (not enough facilities to get the product to the right markets — Keystone XL etc); and due to the impact
of foreign investment rules.
While it's true that Notley won
with the Alberta Tory dynasty and other opposition parties crumbling all around her, the Alberta NDP platform for 2015 had blanched
out many past pledges to slash university tuition fees, regulate the electricity network or tightly control the pace
of oil sands expansions.
The world
oil supply was completely
out of balance
with global demand.
Oil prices dropped sharply despite ongoing tensions in the Middle East,
with the regime
of longtime Libyan leader Moammar Gadhafi recapturing lost ground from rebels and Saudi Arabian troops entering Bahrain to help
out the embattled rulers.
Light, sweet crude
oil, which has already spiked close to 40 percent since June this year and is up by more than 100 percent from the 2016 lows
of $ 26 a barrel, will likely see an all -
out rally
with the 2008 highs paling in comparison.
Given that
oil is down at the moment
with the news
out of Middle East, what would take
oil to move materially to US$ 50 would be some supply outage coming
out of this story, or a military conflict between Iranians and Saudis.
With the price
of oil now at its lowest level in years, the Liberals are considering shovelling the cash
out faster.
Well, the last time Americans had a president who was psychologically «programmed» to ignore facts that didn't agree
with his beliefs, the USA ended up wasting $ 1T in an illegal war to «liberate» 100's
of billions
of barrels
of Iraqi
oil (as many as 1.2 M people died in the process due to violence, disease & starvation resulting from the conflict), nearly $ 5T was added to the U.S. federal debt, a man
with experience as the Judges and Stewards Commissioner for the International Arabian Horse Association was put in charge
of the Federal Emergency Management Agency (FEMA), the U.S. subprime credit «bubble» expanded hugely & then imploded, wiping
out some $ 14T in global wealth & destroying millions
of jobs, etc..
6 From the sole
of the foot even to the head, there is no soundness in it, but bruises and sores and raw wounds; they are not pressed
out or bound up or softened
with oil.
aaaaaan then by historical account, after the disciples left their homes, gave all they had and hung
out with poor people «to keep their good economic standing,» cried in joy from beatings because they could serve Christ and not the world, and all
of the twelve but one were beaten thoroughly and executed, becuase the one who lived was placed in boiling
oil and WOULD NOT DIE in front
of thousands
of viewers... «tooooo keep their «good economic standing?»»
Her aunt attended a «Brethern» hall and she had the elders
of the church come
out and annoint her
with oil and pray.
In an interview
with the Los Angeles Times, March 3, 1981, he said: «We believe that Russia, because
of her need
of oil — and she's running
out now — is going to move in on the Middle East, and particularly Israel....
The parables disclose
with what pleasure and tolerance he surveyed the broad scene
of human activity: the merchant seeking pearls; the farmer sowing his fields; the real - estate man trying to buy a piece
of land in which he had secret reason to believe a treasure lay buried; the dishonest secretary, who had been given notice, making friends against the evil day among his employer's debtors by reducing their obligations; the five young women sleeping
with lamps burning while the bridegroom tarried and unable to attend the marriage because their sisters who had had foresight enough to bring additional
oil refused to lend them any; the rich man whose guests for dinner all made excuses; the man comfortably in bed
with his children who gets up at midnight to help his importunate neighbor only because he despairs
of getting rid
of him otherwise; the king who is
out to capture a city; the man who built his house upon the sand and lost it in the first storm
of wind and rain; the queer employer who pays all
of his men the same wage whether they have worked the whole day or a single hour; the great lord who going to a distant land entrusts his property to his three servants and judges them by the success
of their investments when he returns; the shepherd whose sheep falls into a ditch; the woman
with ten pieces
of silver who, losing one, lights the candle and sweeps diligently till she finds it, and makes the finding
of it the occasion
of a celebration in which all
of her neighbors are invited to share — and how long such a list might be!
When Marcus found
out that he was HIV positive, he informed his beloved pastor, who directed him to allow the elders
of the church to anoint him
with oil and pray for him each Sunday until God healed and delivered him.
We settled on meatloaf, thinking that you could make it look sort
of like a camel's hump... you know... if he was wearing a girdle
of camel's hair, he had to have done something
with the rest
of the camel... I modified the linked recipe by adding Worcestershire sauce, garlic and onion, and I thought it turned
out a bit dry, but it wasn't bad, especially
with a topping
of vidalia onions browned in olive
oil, balsamic vinegar, and a little more honey.
7 For the LORD your God is bringing you into a good land — a land
with brooks, streams, and deep springs gushing
out into the valleys and hills; 8 a land
with wheat and barley, vines and fig trees, pomegranates, olive
oil and honey; 9 a land where bread will not be scarce and you will lack nothing; a land where the rocks are iron and you can dig copper
out of the hills....
Jesus was the «anointed» one = meaning stoned
with oil saturated
with marijuana, the way these people did it in those days, so he felt no pain and was a bit
out of his mind when they nailed him.
We the Amercians will never forget 9/11, and we will never forgive that is why we Suport and created Isreal and kicked
out the filthy Arabs, and we went into Iraq to get rid
of Saddam, so what if hundereds
of thousands have been murdered, raped and tourchered at least we now have total control over the
oil fields, i know Afganistan had nothing to do
with 9/11 but since no super power had ever invaded and captured Afganistan we will very soon do that, we soport India who are also doing a graet job in Kashmir so what if 110,000 kasmiries have been killed it happens when there is a war, we also say thank to Serbia for kicking ass
of the Muslims there, while in Russsia the chechins have been put back to stone age, So you Muslims forget what has happened to you, BUT WE WILL NEVER FORGET 9/11!!
Not really, other than when I'm feeling super dry I end up a bit like the father in My Big Fat Greek Wedding and his obsession
with putting Windex on everything, and go - «I should probably put some coconut
oil on that...» Having said that, I do often burn myself on hobs and getting things out of the oven and I love the Pai Skincare Organic Rosehip Oil — I just soothes the burns and makes them heal really we
oil on that...» Having said that, I do often burn myself on hobs and getting things
out of the oven and I love the Pai Skincare Organic Rosehip
Oil — I just soothes the burns and makes them heal really we
Oil — I just soothes the burns and makes them heal really well.
Checking in really quickly
with this olive
oil loaf that we haven't been able to get
out of our heads.