Sentences with phrase «own oil in it»

The oil exploration method allows oil engineers to dig up oil in locations that would have been unthinkable just years ago, and oil trains are the most efficient way to get natural resources from the field to the refinery.

«So paradoxically these peak demand fears might bring the largest supply shock ever,» he wrote, adding, «If oil prices do not rise fast enough, $ 300 oil in a few years is not impossible».

The field has an estimated 8.5 billion BOE of original oil in place and 32 major producing zones currently identified.

But without those details, voters have no way of judging if the numbers are realistic, or as fanciful as «discover oil in Tilbury, collect $ 2 billion in resource revenues».

WesternZagros» persistence pays off as it finally reaches oil in the politically fraught area of Iraq.

Again, its offshore drilling expertise proved its worth, as the two struck oil in the only well to be completed before Russia invaded Ukraine, triggering wide - ranging sanctions from the U.S. and EU.

Later on, my boss told me that the man was caught several times drinking car oil in the aisle.

This comes after the Norwegian oil company Statoil said it found an area containing up to 130 million barrels of oil in the North Sea.

In February, OPEC anticipated demand for its members» oil in 2013 would dip by about 100,000 barrels per day compared to previous forecasts, mainly because of increased production in North America.

If the oil traders are right, they can make money by buying oil at today's spot price, selling a futures contract for delivery at the higher price expected in the future and storing the oil in the meantime.

On the other hand, if the province decided not to become involved in the firm shipping market, they would distort the signals received by the regulators in terms of the demand for shipping services, leaving the system short of capacity and lowering the value of Canadian oil in the process.

I was just watching how he changed the oil in his car or did this negotiation at the counter of a store.»

He came up with a backstory for his potential «Mensch on a Bench» idea, envisioning him as a kindly man who volunteered to watch over the oil in the temple for the eight days for the Maccabees.

«With the financial support provided by Siva along with the strong base in the Dandaragan operations, the resulting quality of our extra virgin olive oil, the establishment of relationships with key bulk buyers, and the expansion of infrastructure and operating capacity, the Olea Australis Group intends to achieve its goal of an on going sustainable business that is a long - term participant in the continued growth of extra virgin olive oil in Australia and throughout the world.»

Data is becoming a valuable commodity, like oil in the 20th century.

The Supreme Court found Standard Oil in violation of antitrust laws and ordered it to dissolve in 1911.

At a time when tech analysts tended to be exuberant bulls while bankers were more skeptical, «Ruth was the oil in the machinery» that helped the team agree on which transactions to back, says Joe Perella, then head of Morgan Stanley's investment banking.

New pipelines in Siberia and Central Asia, as well as the discovery of shale oil in China, mean that Asian refineries will have access to closer sources of crude, he says.

The CEOs were divided on the price of oil in the future.

While shipping is slowly moving away from fuel oil towards substitutes such as natural gas, there's no obvious alternative to oil in sight for commercial aviation.

«A DPRK - flagged tanker, SAM MA 2 owned by Korea Samma Shipping Company, conducted a ship - to - ship transfer of oil and fabricated documents in mid-October 2017, loading almost 1,600 metric tons of fuel oil in one transaction,» the United Nations said.

China is taking its first steps towards paying for imported crude oil in yuan instead of the U.S. dollar, three people with knowledge of the matter told Reuters.

The steep drop in the price of oil in the last month has become a major concern for traders.

Pressure has been restricted on the 590,000 barrel per day Keystone pipeline since late last year, after the line leaked some 9,700 barrels of oil in South Dakota.

The US may export more oil in 2017 than four OPEC member states produce, according to a survey of energy analysts by Bloomberg.

«We have a situation where nobody has a vested interest in keeping any oil in the ground,» Moors said.

U.S. crude futures dipped below $ 28.50, while the international benchmark Brent fell as far as $ 27.79 a barrel after reports that Iran had offered sharp discounts to customers in Europe and Asia to find buyers for millions of barrels of oil in storage that it is now free to sell, after the lifting of most international sanctions on it at the weekend.

This is in contrast to other, sunnier reports on Arctic melt, which detail the possible «good» this melt will have — opening up shipping lanes, increasing fishing, and even allowing us to access minerals, natural gas, and oil in the ocean bed.

Workers with Raven Drilling line up pipe while drilling for oil in the Bakken shale formation outside Watford City, North Dakota.

This versatile oil in recent years has acquired a lot of buzz for being a more healthy, natural fat.

The geophysicist at Rice University in Houston estimates we have the second - largest deposits of crude oil in the world — as much as 2.5 trillion barrels of bitumen buried in the oilsands of Alberta.

Think of this as a potential new hole in the huge beaver dam currently backing up oil in the North American heartland.

A 2008 U.S. geological survey pegged oil reserves north of the Arctic Circle at 90 billion barrels — or 13 % of the projected undiscovered oil in the world — and 44 billion barrels of natural gas liquids.

«We are advocating in a modest way to work with government so that we can strand some of the oil in the oilsands,» said Williams on a conference call to discuss second - quarter financial results on Thursday.

& # 9660 Big Oil has been seen as a corporate bad boy ever since the U.S. Supreme Court broke up John D. Rockefeller's Standard Oil in 1911, but its reputation would hit a new low 99 years later.

The pipeline operator has more than 84,000 miles of pipelines that transport natural gas, gasoline, and crude oil in the U.S. and Canada.

Recently appointed as the nation's first special representative for the Arctic, Admiral Robert Papp arrives in the region just as Russia and Canada are clamoring for a piece of its vast oil and gas reserves, and as Shell is exploring for oil in American waters.

The organic soap and body care products company, which uses hemp and hemp oil in many of its products, announced it will financially support organizations working to legalize marijuana in five states

He points to the breakup of Standard Oil in the early 20th century as an example.

Redisland Australia Limited engages in the production, marketing, and sale of olive oil in Australia, New Zealand, the United States, and Asian markets.

The company is also involved in the cultivation of olive trees, as well as sale and export of olive oil in the retail industry.

TSX Venture - listed Africa Oil, which is exploring for and producing oil in Kenya, Ethiopia and Somalia, has seen its market capitalization shoot up to $ 1.8 billion in the past year.

OIL junior First Australian Resources NL, which has focused on searching for oil in Texas and Louisiana, has turned to the Internet with a US$ 3 million investment in electronic technology.

JUNIOR hydrocarbon explorer Nido Petroleum Limited has made considerable progress with its project in China and expects to produce oil in the first quarter of this year.

If the marginal barrel is moving by pipeline, the difference between oil in Alberta and oil on the east coast is likely to be comparable to the shipping tolls on Energy East, and so running Canadian oil would not save refiners any money at all relative to running imported crude.

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.

Presidents Richard Nixon and Gerald Ford used Section 232 tariffs to tax foreign oil in 1971 and 1975, according to a study by law firm White & Case LLC.

Moving viscous Canadian oil in tank cars used to be «more of a temporary fix» to transportation bottlenecks that earlier this year pushed prices for Western Canada Select to US$ 40 below the West Texas intermediate benchmark, he said.

Try putting a clear bottle of olive oil in the refrigerator or in an ice bath.

In this case, the pipeline expansion was further complicated by the fact that a related Enbridge pipeline involved in oil imports from Canada spilled nearly one million gallons of oil in Marshall, Mich., in July 2010 after tape intended to prevent corrosion on the pipeline failed.