Sentences with phrase «uncertain future oil»
S&P says future carbon constraints need to be factored into credit assessments for the oil sector — along with uncertain future oil prices and rising operational costs — and financial models that rely on past financial performance are no longer adequate.
https://reneweconomy.com.au/ Not exact matches
Like wood, metals, and wheat — the core commodities that have seen boom and bust cycles in this country — the oil sector continues to face an uncertain future.
The future of the North American Free Trade Agreement (NAFTA) remains highly uncertain at this juncture in the Trump presidency and the combination of oil prices stalling around US $ 50 / barrel and a declining trend in U.S. car sales points to a weaker contribution from trade in the second quarter.
After all, when the car that's generating the most buzz among the public burns literally zero oil; when Saudi Arabia says it's got to diversify away from oil; and when the Governor of the Bank of England says many of our known reserves are unburnable, a strategy based on discovering and selling more oil in the future starts to look uncertain at best.
«Diversifying away now from fossil fuels, including oil and gas which face an uncertain future, reduces risks in its investment portfolio whilst allowing growing exposure to renewables — one of the fastest growing business sectors in the world.»
Canadian producers share an uncertain future with the oil industry, but higher costs and opposition to expansion and pipelines bring extra hardship.
We rely on it to power our everyday lives, and it drives the economy worldwide, but oil faces an uncertain future in the 21st century.