Sentences with phrase «top oil producers»

In a deal announced on 19 February, state - owned China National Petroleum Corp (CNPC)-- one of the three top oil producers in China — agreed to pay $ 1.76 bn (# 1.4 bn) for an 8 % stake in the $ 22bn (# 17.5 bn) Abu Dhabi Company for Onshore Petroleum Operations concession.

The International Energy Agency said last week that the United States is likely to become the world's top oil producer by 2016, overtaking Saudi Arabia and bringing the nation closer to energy independence.

Buhari took office in May 2015 after vowing to improve security and crackdown on endemic corruption, but Africa's top oil producer fell into its first recession in 25...

After hopes were dashed that a meeting of top oil producers would end in agreement on freezing productions, where will the price of oil head?

The International Energy Agency — formed by 28 member nations to research energy issues and respond to disruptions in the oil supply — predicts in its World Energy Outlook 2012 (PDF) that the U.S. will become the world's top oil producer by the end of the decade, overtaking Saudi Arabia, and will be a net exporter of oil by 2030.

The first session on Friday will include senior executives from Canada's top oil producers and the two main railways, Canadian Pacific Railway and Canadian National Railway, the minister, Margaret McCuaig - Boyd, told reporters at a Calgary conference.

And plenty of market watchers think supply disruptions will be contained because Saudi Arabia, the world's top oil producer, is moving to cover Libya's lost barrels.

Until very recently, it was the world's top oil producer and exporter, before the American shale boom catapulted the U.S. into first place.

The kingdom's top religious authorities including the Grand Mufti accepted that decision, but the gathering of about 50 clerics outside the Royal Court suggested wider disquiet among conservatives in the world's top oil producer.

Despite the 2010 offshore oil drilling disaster in the Gulf of Mexico, despite the U.S. suddenly becoming the top oil producer in the world and despite decades of opposition, President Barack Obama is moving to open up the offshore Atlantic to oil and gas drilling.

Africa's biggest economy and top oil producer is reeling from the fall in crude revenues, the source of 95 percent of foreign earnings, which has led to the naira hitting record lows on the parallel market amid dwindling foreign exchange reserves.

A significant percentage of the Angolan population still have no access to clean water, education, food or medical attention which should be considered a crime against humanity for a country which is Africa's top oil producer.