Sentences with phrase «when oil transportation»

He also likes Canadian heavy oil producers, which he says should benefit when oil transportation bottlenecks start to get sorted out.

Not exact matches

But that disappeared in July when the U.S. National Transportation Safety Board admonished the company for its handling of a Michigan oil spill in 2010.
The euphoria you feel after winning a big contract to provide marine transportation services for an offshore oil drilling company quickly subsides when the contract arrives.
Critics of crude oil transportation by rail are in pro-active mode when it comes to disaster preparedness.
This comes at a time when the Bulk Oil Storage and Transportation Company Limited (BOST), is being accused of wrongfully selling about 5 million litres of contaminated fuel to some unlicensed companies under suspicious circumstances.
THE Bulk Oil Storage and Transportation Company Limited (BOST) with effect from January 1, 2016 pays $ 3.6 million annually to TSL Logistics Ghana Limited, a subsidiary of a Nigerian Company as operations, maintenance and management fees, in a deal that was rocked with controversy when it was signed.
This comes at a time when the Bulk Oil Storage and Transportation Company Limited (BOST), is being accused of wrongfully selling...
Let us compare that with capital releases to the same ministries in 2017, when oil price was between $ 50 and $ 60 a barrel, N415bn for power, works and housing, N80bn for transportation; N65bn for agriculture; totalling N560bn, at a time when we were earning at least 50 per cent less than we were earning in 2014.»
«All options are on the table when it comes to improving the safe transportation of crude oil, and today's actions, the latest in a series that make up an expansive strategy, will ensure that communities are more informed and that companies are using the strongest possible tank cars.»
totally green transportation, and when the oil supply starts getting scarce you'll be one of the last ones standing.
One might, for example, trade oil futures as a hedge on a position in transportation stocks; when oil prices rise, trucking and airline companies suffer in the short term as their margins get squeezed due to fuel costs.
At a time when train shipments of crude oil are expected to skyrocket in Canada, the federal government is cutting funding for Transport Canada, the country's transportation regulator, by almost 30 per cent, down to $ 1.5 billion, according to government spending estimates for 2012 - 13 and 2013 - 14.
This particular pipeline has a good chance of dying on the vine in any case if and when easier, less expensive sources of transportation fuel come online, including domestic oil and natural gas (and there are competing pipeline options and routes).
When has an environmental fine actually stopped a major oil company from dangerous engineering or transportation?
Our model accounts for global warming pollution generated both upstream — ie, during oil extraction, refining, and transportation — and downstream, when it's combusted in the vehicle's engine.
So when we talk about oil production slowing down and reversing, you're talking about a huge cost to the transportation sector.
Imagine living in a time when global political instability seems the norm, peak oil is widely understood and accepted as an immediate risk, transportation alternatives are getting serious interest by investors, and governments the world over are strategizing over how to control their respective energy futures.
When we think about the ways that we use oil and the ways that oil impacts our lives, the very first thing that probably comes to mind is transportation.
For electric generation 9 % renewable (when including hydroelectric) is correct but that percentage decreases drastically when adding non-electric energy use for transportation which is nearly 100 % petroleum based, for direct residential and commercial heating, which is nearly 100 % gas and fuel oil based, for heavy industry, which is almost exclusively petroleum (petro - chem industry) and coal (steel - industry) and construction, which uses almost exclusively diesel fuels.
When houses are bought and sold, the economy thrives on furniture sales, renovations, home decorating, communication tools, computer sales, software needs, transportation needs, oil, gas, electricity and so on.
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