Sentences with phrase «toward oil extraction»

As a result, Tullow is likely to move toward oil extraction in a joint venture with Canada's Africa Oil Corporation.

Not exact matches

Likewise, any move toward using renewable energy sources will result in a quieter environment, as coal and oil extraction are extremely noisy labors.

It will go down vertically for the first 1.1 miles, then bend eastward toward the fault at a 50 degree angle for another 1.8 miles, using the directional drilling techniques invented to allow more complete extraction of tough - to - reach oil deposits.

A go - go approach to domestic oil extraction might make sense if American highways could keep adding lanes as the country heads toward and beyond a population of 400 million.

Sultan Al Jaber, the chief executive officer of the overarching Masdar Initiative, told me that the goal is to use the wealth accrued over a half century of oil extraction to help shift the economy slowly toward exporting renewable or non-polluting energy technology.

Meanwhile, 95 % goes toward exacerbating the problem, meaning the extraction and production of even more oil and gas sources.

Orsted A / S, the Danish company built on oil and gas extraction, will issue its first green bonds as it moves toward completing a transition to renewable energy.

In addition, while the oil and gas industry provides needed employment in low economic, rural and minority community areas and also finances significant percentages of state funds such as education, responsible resource extraction is vital as society moves toward greater conservation, energy efficiency and renewable energy.