Sentences with phrase «substantial reserves of»

That is especially true for Afghanistan's wealth of natural resources, which include around a trillion dollars of untapped minerals and substantial reserves of oil and gas.
The dense green canopy of the rainforest in eastern Peru and Ecuador hides substantial reserves of oil, and over the last 4 decades a web of wells and pipelines has spread through the forest.

Not exact matches

Releasing a report responding to Ceres — a group made up of institutional investors which has for years been pushing resource companies to disclose their carbon bubble risks — Exxon vice-president of corporate strategic planning William Colton said, «All of ExxonMobil's current hydrocarbon reserves will be needed, along with substantial future industry investments, to address global energy needs.»
Calima is the love child of a group of oil and gas specialists who have a stellar record of finding substantial oil and gas reserves and building multi-billion dollar businesses off the back of them.
These new counterparties were major investors of cash in overnight markets and had capacity to facilitate the «draining» of substantial reserve balances, if offered attractive term investments with the Federal Reserve.
Britain is estimated to have substantial amounts of shale gas trapped in underground rocks and the national government has supported developing these reserves to counter declining North Sea oil and gas output.
For a long time it was widely accepted that reserve currency status granted the provider of the currency substantial economic benefits.
Today, in contrast, the Fed presides over a vast portfolio, with assets consisting mainly of long - term Treasury securities and mortgage - backed securities, instead of the short - term Treasuries it once held; and that portfolio is funded more by banks» holdings of substantial excess reserves than by circulating Federal Reserve notes.
That is why, if one examines the record of so - called bank lending «manias,» one finds that they typically involve, not a substantial decline in bank reserve ratios, but a substantial increase in the nominal quantity of bank reserves.
It not only implies, for the several national «governments», the prospect of having to waive a substantial portion of the pomp, prerogative and privilege which they now enjoy as the traditional concomitants of the possession of national military power, and having to content themselves with the considerably smaller amount of glory which is reserved for mere units of local administration.
«The second thing to understand is that we have to, always, keep a substantial amount of cash in reserve in order to comply with our debt obligations.
«The substantial reserves» — estimated to be around # 8m — «that TBA has accumulated will be gifted to the not - for - profit work,» the Office of Tony Blair said in a press statement, which noted that his group of organisations employed 200 people in 20 countries.
There are three principal reasons for that, the first of which was that world financial reserves, particularly in the east, were growing at a substantial rate.
Environmental scientists from the University of Siena in Italy analyzed wall lizards captured at four sites downwind from the Monte Alpi Oil Center in Val d'Agri, an area in Italy's southern Apennine mountains that holds substantial oil reserves.
The model shows that managers can use marine reserves to maintain the weaker species at the levels needed while still allowing for substantial harvest of Dover sole.
The film's prologue touts the British village home to average middle class families, but it's quite clear the Miniver family are part of the modern upper class; with a substantial disposable income, a housemaid, and a cook, they also maintain British reserve to sometimes irrational, and rather precious degrees.
Lipsky (Jesse Eisenberg) has to persuade his editor at Rolling Stone (Ron Livingston) that Wallace (Jason Segel) is worthy of the kind of substantial interview the magazine typically reserves for musicians and actors.
Though it runs longer than it has to, all movies should be so lucky as to get such a substantial making - of documentary, which Lionsgate - Summit usually reserves for their big teen - oriented fantasy franchises.
Active duty, reserve, or retired members of the military are frequently eligible for substantial insurance discounts.
Mortgage lenders often consider «substantial cash reserves» as a «compensating factor» if other parts of a mortgage loan application seem marginal or close to the limits of what can be approved.
However, I would note the more recent revival of mercantilism & a new willingness of many countries to diversify into real assets (rather than currencies / bonds)-- this could pose a new and more substantial / elevated risk of decline for the dollar as a reserve currency (vs. the historical example of sterling).
Unfortunately, this is offset by a substantial dilution in asset value, with Licence 61/67 reserves reduced to 11.3 M of 1P & 72.2 M of 2P barrels of oil — which we'll value at my usual «in - the - ground» $ 10 & $ 5 per proved & probable boe of reserves:
Yet when you mention the substantial dilution in asset value with Licence 61 and 67 reserves are reduced to 11.3 M 1P and 72.2 M of 2 P.
I mean, if the share price of a company with substantial proved & probable oil reserves falls almost two thirds in a year (not to mention the collapse from its highs), what hope is there for the punter who falls for the real no - hopers?!
I'm contemplating liquidating all my non-retirement accounts and half of our savings to pay off the larger parent PLUS loan.This would leave us with very little liquid reserve but still some substantial retirement accounts.
On the other hand, an excessively high level of working reserves would mean foregoing substantial interest income on customer loans.
I prefer a conservative reserves - based approach to valuation, so this will actually reduce my intrinsic value estimate for the moment — but in return the company receives a $ 20 million completion payment, and obviously there's substantial future value to be realized from 140 M of carry payments (plus another 20 M of contingent payments).
Obviously, i) we now have very negative Russian sentiment, ii) 2P reserves have been reduced to 72.5 million boe, and iii) when a share does this badly, investors hate it long past the point it actually turns the corner, but the potential's finally here for a substantial revaluation of PTR at some point.
[Onshore US assets might command a higher value, but that's offset by the substantial % of natural gas reserves & the fact Aminex has a weak hand as a seller].
As regards actual oil & gas reserves, the cupboard's somewhat bare... Despite all the excitement about Tanzania, there's been a near - total lack of actual progress by the company — it's far too early to ascribe any kind of substantial value to what are only classified as contingent & prospective resources to date.
A substantial part of the city is being rebuilt, at the president's behest to provide space for a new capital worthy of a nation with a significant amount of oil reserves.
The Channel is the location of numerous oil fields, some of which have substantial reserves.
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With the world country deprived most of its known reserves of a substantial new supply, oil prices would jump, let's say, fivefold.
The authors, a mix of academic researchers and scientists for environmental groups, recommended that a moratorium on new oil exploration or development projects within the park, which sits atop substantial reserves.
Just in case you needed more reasons to be concerned about the stability of the Middle East, new research using data from NASA's gravity - sensing Grace satellites shows a substantial decline in the volume of groundwater reserves in the Tigris and Euphrates river basins.
And China, while busily building new coalfired power stations at the rate of one a week (it has already overtaken the US as the world number one CO2 emitter), has become the new imperial power in sub-Saharan Africa, using its substantial political and economic muscle to secure control of the raw materials needed for its future growth, in particular African oil and gas reserves.
«All of Exxon Mobil's current hydrocarbon reserves will be needed, along with substantial industry investments, to address global energy needs,» William Colton, vice president of corporate strategic planning, said in a statement.
In recent years, expanded supply of low cost natural gas, increased energy efficiency, growing market penetration of renewable electricity sources, and substantial reserve margins have contributed to low prices reflecting low marginal costs in wholesale energy and capacity markets.
At the new conference, both stressed that this would be in the funds» financial interests, both because energy companies have been underperforming compared to market indices and because any substantial global action to limit climate change could prevent the companies from exploiting all of their oil and gas reserves.
Wide attention has recently been drawn to such a concern by one of our most eminent climate scientists, James Hansen: ``... if we burn all reserves of oil, gas, and coal, there's a substantial chance that we will initiate the runaway greenhouse.
Politically, the current focus in North America is the development of the oil and gas reserves and the substantial increase in cross-border trade in these commodities.
In those regions with a long history of substantial internal demand (USA / Canada and Europe), cumulative production exceeds reserves and, at least for the low estimate, approaches half of the estimated ultimate recovery.
Active duty, reserve, or retired members of the military are frequently eligible for substantial insurance discounts.
Because life insurance companies have massive reserves which are invested in fixed income products, they actually make a substantial amount of money from their bond holdings each year.
In Queensland, any group of Indigenous people may claim «claimable» land on the basis of traditional affiliation54 or historical association, 55 as well as economic or cultural viability.56 This acknowledges the greater impact of colonisation within these states, which saw substantial numbers of Indigenous people removed from their traditional lands to other regions under government powers to remove and confine Aboriginal people to any Aboriginal reserve.57 It also recognises that this removal did not sever the continuing connection of Indigenous peoples to the land, both their traditional country and reserves.
All contracts, options, or other devices not based upon a substantial consideration, or that are otherwise employed to permit an unlicensed person to sell, lease, or let real estate, the beneficial title to which has not, in good faith, passed to such party for a substantial consideration, are hereby declared void and ineffective in all cases, suits, or proceedings had or taken under this chapter; however, this section shall not apply to irrevocable gifts, to unconditional contracts to purchase, or to options based upon a substantial consideration actually paid and not subject to any agreements to return or right of return reserved
NOHOs live paycheck to paycheck, price substantial purchases in terms of the monthly financing charge and typically have no reserve for meeting unexpected contingencies.
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