Sentences with phrase «say oil exploration»

The residents, most of whom are vegetable and fish farmers say oil exploration will not be in their interest.

Not exact matches

The time is ripe for anyone with new ideas on some facet of oil and gas exploration, drilling or production that could cut costs, says Yager.
«According to the most recent assessment, the steady oil price recovery since summer 2017 and renewed interest in growth opportunities has led to oil majors catching up in terms of exploration activity this year, both in the shale industry and offshore deep water,» OPEC said.
In California, oil companies are pressing for further exploration of the massive Monterey Shale, a 1,750 - square - mile area extending from the agricultural Central Valley to the Pacific Ocean that federal energy officials say could ultimately comprise two - thirds of the nation's shale oil reserves.
Otto Energy says the sale of its Galoc oil field assets in the Philippines to Singapore - based energy company Risco Energy Investments for $ 113.4 million will help fund exploration activities for two years and return capital to shareholders.
«After substantially improving their cost structures through 2015 and 2016, North American exploration and production (E&P) companies will demonstrate meaningful capital efficiency to the extent the West Texas Intermediate (WTI) oil price is above $ 50 per barrel and the Henry Hub natural gas price is at least $ 3.00 per MMBtu,» Moody's said.
That will be a lot less profitable than investing in the part of Exxon that does, say, oil exploration and production, but it will be there.
«What we're seeing is a textbook implosion with regard to exploration and production capital spending domestically because the industry was leveraged to very high oil prices,» says Bill Herbert, a senior researcher at Houston oil and gas investment bank Simmons & Co..
China's interference with the Philippines» fishing and oil exploration of the region is also unlawful, the tribunal said.
«Low oil prices have significantly reduced operator spending on exploration - particularly in deep water, which is very costly,» said Cindy Giglio, an analyst at IHS Markit.
JAKARTA Indonesian President Joko Widodo on Wednesday slammed state - owned oil firm Pertamina, saying it hadn't invested enough in exploration, while blasting red tape hobbling the industry and urging investors to report problematic rules to him directly.
She said her government would also establish an economic development fund for the province and work to ensure that business owners benefit as much as possible from the oil exploration project on Anticosti Island.
Management said on the earnings call and in the release that its focus in 2018 — and over the long term — is cash flows, not oil and gas volumes, and intends to use 2018 and 2019 to «target substantial growth in cash flow along with a reduction in net debt: EBITDAX [earnings before interest, taxes, depreciation, amortization, and exploration] to approximately 2.5 times.»
Exxon said its upstream, or exploration and production sector, suffered «significantly» during the market downturn as crude oil prices continue to starve companies of revenue.
Nick Maden, a regional exploration director for Statoil, said Mozambique waters are among the more promising frontier basins in the area, where the oil potential is said to be «significant.»
Oil - industry experts say it will be difficult for the oil giants to spend less because they need to replenish the oil and gas they are pumping — and must keep up with rivals in the world - wide exploration raOil - industry experts say it will be difficult for the oil giants to spend less because they need to replenish the oil and gas they are pumping — and must keep up with rivals in the world - wide exploration raoil giants to spend less because they need to replenish the oil and gas they are pumping — and must keep up with rivals in the world - wide exploration raoil and gas they are pumping — and must keep up with rivals in the world - wide exploration race.
Lakes Oil, part - owned by billionaire Gina Rinehart, has been a vigorous opponent of a ban on unconventional gas exploration in Victoria, and Mr Tonkin said it was similarly bad policy in South Australia.
General News of Saturday, 12 May 2018 Source: citinewsroom.com Angry residents protest oil exploration in Keta basin The Municipal Chief Executive for Keta, Seth Yormevu, says the residents of Keta who demonstrated against an onshore oil exploration in the Keta Basin by a Swiss firm, will be probed and addressed accordingly.
The Municipal Chief Executive for Keta, Seth Yormevu, says the residents of Keta who demonstrated against an onshore oil exploration in the Keta Basin by a Swiss firm, will be probed and addressed accordingly.
The governor said he also seized the opportunity of the meeting to brief Buhari on possible oil exploration in the Sokoto Basin.
The council said he should not only apologise but rescind the decision, «If the terrain is not conducive for Nigerians from other parts of the country, then it should also be unsafe for continued oil exploration activities by multinationals and the Nigerian government.»
«It was under the leadership of my former boss, the former President of the Republic, His Excellency John Agyekum Kufuor, that GNPC was restructured to ensure that it focused on its core activity of exploration, and the promotion of the oil and gas potential of the country,» President Akufo - Addo said.
GNPC, the President said, was set up to be a strategic, commercial vehicle to help accelerate the pace for the exploration of oil and gas, and under the leadership of Tsatsu Tsikata, played a pioneering role in gathering, analysing and interpreting data for oil and gas exploration, and beginning to attract other companies to participate in the exploration.
Speaking with State House Correspondents after their meetings, the governors revealed why they visited the president.Governor Tambuwal said the issue of northern governors» visit to the South East and oil and gas exploration came for deliberation with Buhari.
Speaking at a media interaction in Accra, the Head of Policy Unit of ACEP, Dr. Ishmael Ackah said the decision will put policy makers in a tight corner, since oil exploration will commence in some other regions as well.
That may prove to be an oil - rich province someday, but don't rush just yet to bid for exploration rights, says Anderson.
«We found that nearly a billion metric tons of above - ground carbon stocks in Peru are at imminent risk for emission into the atmosphere due to land uses such as fossil fuel oil exploration, cattle ranching, oil palm plantations and gold mining,» Asner said.
Obtaining the images usually requires a strong bond between individuals at a university and in industry to persuade to companies to release the data for scientific purposes, observes senior exploration geologist Richard Davies of the 3DLab at Cardiff University in Cardiff, U.K. «Individuals that are presently spearheading it in academia have usually worked in the oil and gas industry in a previous life,» says Davies, who worked for ExxonMobil for eight years.
John Staub, leader of the EIA's Oil and Gas Exploration and Production Analysis team, says the agency's model «includes technology change,» which, year after year, increases the amount of gas that can be extracted.
«Today, cognitive undersea acoustics is a key wireless communication technology that can be used for a wide range of military, commercial, and scientific applications, including tactical surveillance, offshore exploration, monitoring of subsea machinery such as oil - rigs and pipelines, disaster prevention as well as the study of marine life,» said Stella N. Batalama, Ph.D., principal investigator and dean of FAU's College of Engineering and Computer Science, who is collaborating with Dimitris Pados, Ph.D., co-principal investigator, professor in FAU's Department of Computer and Electrical Engineering and Computer Science and I - SENSE Fellow.
Although Britain insists it will not contravene restrictions against oil, gas and mineral exploration in Antarctica, Robin Churchill, an expert in international law at the University of Dundee in England, says the move has the potential to be «quite destabilizing.»
«As we begin to run out of oil and gas, there's going to be increased exploration for areas where it is not being extracted,» says Hugh Ducklow a biologist at the Marine Biological Laboratory in Woods Hole, Mass. «The treaty is going to be vulnerable.»
The arrival of hurricane season on June 1 has forced BP to develop a more flexible oil collection system, Kent Wells, a BP senior vice president for exploration and production, said Monday at a press briefing.
«The study, titled The Behavioural Response of Humpback whales to Seismic Surveys (BRAHSS), involved an air gun array — as used for oil and gas exploration,» Dr Dunlop said.
«Extracting pre-salt oil is the equivalent of putting a man on the moon,» says Shafe Alexander, director of exploration for BP's Brazil operations.
Deep - sea oil exploration will probably release future spills, Solomon says, and global warming could destabilize large undersea deposits of frozen methane, leading to local ocean acidification or oxygen depletion (SN 7/31/2010).
«We have to watch for larger, indirect effects,» Tyack said, noting that climate changes could reduce prey fish, and thus indirectly harm marine mammals — which might suffer additional stress if they're traveling in an area of active oil exploration, for instance.
Greenpeace said earlier this month it would encourage British landowners to join together in legally opposing fracking, a move that could strengthen the opposition to exploration and development of shale oil and gas.
«With oil and gas, 90 per cent of the data we use is seismic, especially offshore,» CSIRO's research group leader for energy exploration geosciences, Dr Ben Clennell, says.
Let's say you like McMoRan Exploration (MMR, oil & gas company).
Among an ever expanding (and as Karen Barad might say, «entangled») list, I am inspired by the complex and contradictory city I live in (the city of Chicago) and the incredible community of hard working, sincere, talented artists who I am surround by and have the privilege of working alongside and in collaboration with every day (too many and to diverse to name individually here) / / by mentors A. Laurie Palmer and Claire Pentecost and Anne Wilson and Ben Nicholson / / by Simon Starling and Andrea Zittel and Mark Dion and Sarah Sze and Phoebe Wasburn and Mierele Laderman Ukeles and Joseph Beuys and Eva Hesse and Hans Haacke and Robert Smithson / / by writers and philosophers Karen Barad and Jane Bennett and Rebecca Solnit and Italo Calvino and Steward Brand and the contributors to The Whole Earth Catalog (of which my father gave me his copies) and Ken Issacs and Carl Sagan and Neil deGrasse Tyson and William Cronon and Bruno Latour and Deluze and Guttari and Jack Burnham / / by ideas of radical intimacy and transformation and ephemerality and experimentation and growth and agency and mobility and nomadicism and balance and maintenance and survival and change and subjectivity and hylozoism and living structures / / by mycelium and soil and terracotta and honey and mead and wild yeast and beeswax and fat and felt and salt and sulfur and bismuth and meteorites and microbes and algae and oil and carbon and tar and water and lightening and electricity and oak and maple / / by exploration and navigation and «the Age of Wonder» and the Mir Space Station and the Deep Tunnel Project / / by Lake Michigan and the Chicago River and waterways and canals and oceans and puddles... to name a few.
Levi said low oil prices can affect a long - term exploration strategy simply by crimping cash flow:
U.S. security challenges are growing as shipping, oil and gas exploration, and other activities increase in the region, the report says.
And all we do is say they are threatened but not to worry, greenhouse gasses and oil / gas exploration have nothing to do with this?
Obama has again flip - flopped his way back to saying he would support more oil exploration including offshore.
The Associated Press reports that a coalition of more than 60 environmental groups issued a joint statement saying that opening U.S. waters to oil and gas exploration threatens marine life and coastal communities with «severe and unacceptable harm.»
In a December 11 editorial, The Oklahoman dismissed the links between oil and gas exploration and earthquakes by saying «unless proven otherwise,» any assumption of what caused the earthquake «should go to nature» instead of being attributed to mankind.
Stu Gruskin, Chief Conservation and External Affairs Officer for The Nature Conservancy in New York, said, «New York's waters are home to iconic marine mammals, critical keystone species like menhaden, and important commercial fisheries, not oil and gas exploration.
Louise Rouse, an investor relations specialist and consultant to Greenpeace, said the New Lens document undermined Shell's claim that ongoing oil and gas exploration helps raise living standards in the developing world by supplying the energy for rapidly expanding economies.
About a third of the human budget comes from fossil fuel exploration, where methane leaks from oil and gas wells during drilling, the researchers said in a press release.
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