Sentences with phrase «vast oil reserves in»

David Kavanagh of Skadden, Arps, Slate, Meagher & Flom not only stopped a $ 16 billion share swap between BP and Rosneft in its tracks, but he also paved the way for Exxon to exploit vast oil reserves in the Russian Arctic.
Mansour's personal wealth ran into the tens of billions of pounds due in part to his control of vast oil reserves in the UAE and numerous other investments, including a stake in Virgin Galactic and Sky News Arabia.

Not exact matches

As detailed in the first three installments of Power Shift, an NBC News / CNBC special report, the United States is experiencing an energy boom created by new drilling technologies that have unlocked vast domestic oil and natural gas reserves.
Recently appointed as the nation's first special representative for the Arctic, Admiral Robert Papp arrives in the region just as Russia and Canada are clamoring for a piece of its vast oil and gas reserves, and as Shell is exploring for oil in American waters.
2012 wasn't their best year although they have vast proven oil reserves in Trinidad and Tobago as well as other interests in Colombia, Texas, Georgia and Puntland (Somalia).
Jeremy Leggett, a geologist who was once an oil industry consultant and now runs Greenpeace's climate campaign, concludes that «we have no option but to leave the vast majority of the remaining fossil - fuel reserves in the ground».
A new buzz phrase in the push to limit greenhouse gas emissions is «unburnable carbon» — an effort to define and then wall off the portion of the world's still - vast reserves of coal, oil or natural gas that might, if combusted, cause unacceptably costly or dangerous climate change.
Lost in the effort to understand the vast implications is an even more important signal sent by Saudi Arabia, the owner of more than 16 % of the world's proved oil reserves, about its view of the future of fossil fuels.
While vast global coal reserves make this question more neutral with regard to carbon per se, it a more complete socio - politico - economic experiment nonetheless to examine how good we have been at steering the oceanliner of energy policy with regard to foreign oil in the United States, obviously a more simple problem than all fossil fuels together.
The revolution is a shale energy / fracking revolution, carried along by the combination of modern hydraulic fracturing and advanced horizontal drilling that unlocked vast reserves of oil and natural gas in shale and other tight - rock formations.
Much of Russia's vast oil and gas reserves lie in difficult - to - access areas of the far North.
Well known for its vast oil and natural gas reserves, Oklahoma will come to be recognized for its wind resources as well, currently ranking in the top 10 U.S. states for wind - energy potential.
Lambasted as a «carve - up «deal by critics for barring several nations and environmental groups from participating, the U.S., Norway, Russia, Denmark and Canada agreed to abide by the 1982 Law of the Sea in managing the region's vast oil and gas reserves.
Vast quantities of coal — proven to exist — remain in the ground — but not included on the reserve tally because they are not economically recoverable at current prices — in part due to the availability of oil and natural gas.
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