Sentences with phrase «which oil projects»

As described in our report «Carbon Supply Cost Curves: Evaluating Financial Risk to Oil Capital Expenditures», such break - even price can be considered the maximum threshold up to which oil projects become high - risk and high - cost.

Recently, in a move that is wonky but has massive repercussions, Shell enlarged the accounting toolbox it uses to decide which oil projects to invest in.

Not exact matches

They point to recent examples, in which Woodside announced a major project to extract oil from mallee trees and produce electricity, in a venture that appears greener than an Irishman's heart.

And yes, the Dow has a heavy component of large industrial and energy companies which have recently soared on expectations that President Trump and his administration will sponsor new infrastructure spending projects and oil pipeline expansion.

But van Beurden has been slimming down his portfolio of oil projects with the intent of keeping only those lean enough to make good returns in a world in which oil prices average no more than $ 40 a barrel, well below the average price over the past decade.

Those factors partly help explain why Exxon is now seen by Wall Street as a less - desirable investment than Chevron, which has several large oil and gas projects coming online by the end of the decade, offering far - stronger growth potential than Exxon.

Perth - based oil explorer Red Emperor Resources says delays at its Georgian project have been caused by joint venture partner Range Resources, which has failed to carry out a planned drilling program.

Jim Irving runs the forestry business and the shipbuilding arm, which will construct the Canadian Navy's new Arctic offshore patrol boats, while Sarah Irving has just been installed on the executive team of Irving Oil, which is undertaking a $ 200 - million maintenance project at its Saint John refinery.

Perth - based Carnarvon Petroleum says it will invest about $ 10 million to acquire 3D and 2D seismic data, which will allow the company to expand its search for oil and gas at its Phoenix project off the Pilbara coast.

The depressed prices mean lower prices for refiners and less pump pain for North American drivers, but it's hardly good news for Canada's oil industry, which spent billions on oilsands projects after world crude prices had risen high enough to justify the investment.

These efforts are bearing fruit for Weatherhaven, which recently partnered with Brazilian construction and logistics company Esbracon, to provide up to 10 sustainable camp projects for oil and gas exploration giant, HRT of Brazil.

(In 2011, Cenovus Energy let on that output from two of its in situ oilsands projects could meet the standard, which mandates that crude oil imported to the state have lower wells - to - wheels emissions than the average of all crudes sold in the U.S.) «Yes, I think that's feasible,» says George Hoberg, a political scientist at the University of British Columbia who specializes in environmental conflict.

If you're talking about a new project with no significant investment already deployed, building a new mine if you expect today's prices to hold in the long term is a tough call — a 50 - year oil sands project is a lot of risk for less than a 10 % rate of return — but even there, you can see the impact of the lower Canadian dollar and the hedge provided by a royalty regime which lowers rates when prices are low.

Still, getting carbon emissions from in situ projects down near the level of conventional oil will take more than that, which is where the new alternatives to SAGD come in.

Yeung maintains that the project will be able to incorporate Value Creation's proprietary Accelerated Decontamination upgrading process, which means the oil brought to the surface will already be partially upgraded and refinery - ready.

(As important to its market value as its oilsands properties is its intellectual property, which Petrobank has already licensed to companies including True Energy Trust and Baytex Energy Trust, its partner in the Kerrobert heavy - oil project.

In addition to oil pipeline company Kinder Morgan, which has established its Trans Mountain Expansion Project office near the pipeline's terminus in suburban Burnaby, Enbridge is reportedly (and belatedly) opening an office to help manage its Northern Gateway application.

From the time Enbridge began talking publicly about Northern Gateway almost a decade ago, the oil pipeline project — which is expected to get federal cabinet approval any day now — got off on the wrong foot by the company's lack of a presence in British Columbia.

Enter Ghosh's articulation of Husky's current post-recapitalization story and strategy, presented as focused on three growth pillars: its gas business in Southeast Asia, the jewel of which is the Liwan Gas Project in the South China Sea; a Western Canadian heavy - oil foundation, focused on the oilsands Sunrise Energy Projects; and White Rose offshore oil operations on the Atlantic coast.

If you're talking about a new project with no significant investment already deployed, building a new mine if you expect today's prices to hold in the long term is a tough call — a 50 year oil sands project is a lot of risk for less than a 10 per cent rate of return — but even there, you can see the impact of the lower Canadian dollar and the hedge provided by a royalty regime which lowers rates when prices are low.

And again, this would harm not just oil companies, but the hundreds of other contractors, suppliers, and vendors on which they rely to bring these big, international projects to fruition.

In March this year, the International Energy Agency (IEA) said that unless the industry approves fresh investments in new projects, global oil supply may be struggling to catch up with demand after 2020, which could result in a sharp jump in oil prices.

Three such examples are Aimsio, a digital ticketing software that streamlines field operations by enabling users to file reports, dispatch resources and track project progress all from one central location; DarkVision, which developed a new ultrasound technology that allows companies to create 3D images of the inside of oil wells, enabling them to make more informed and cost - effective production decisions; and Unsist, which uses artificial intelligence to help oil and gas companies make better production and operational choices.

According to Nelson, oil prices could move up toward US$ 60 by the end of the year, due to underinvestment in projects in 2015 and 2016, which could lead to a crunch in supplies in 2019 and 2020.

Beyond the actual gas project and LNG sales, China's state - run shipping conglomerate COSCO has also secured a 50 percent stake in the four LNG shipping carriers serving Yamal.90 Chinese engineers and workers have been deployed to the Yamal Peninsula to help construct surrounding infrastructure, which includes a Chinese - produced polar drilling rig.91 Moreover, a Chinese oil and gas rig producer now provides Russia with about 60 percent of its imported oil rig supplies, indicating that China is becoming a dominant player in this sphere.92 Chinese media recently hailed Yamal as an example of China's construction and engineering prowess and a symbol of its transformation into an Arctic player.93 In return for China stepping into support the project, senior officials from Novatek, the main shareholder of the project, announced that the first LNG shipment would symbolically go to China.94 But a British subsidiary of Malaysia's Petronas purchased the first shipment of Yamal LNG and sold it to France's Engie, which then shipped the cargo to its Boston import facility for American use.95 Western sanctions on Novatek, Russia's largest independent national gas producer and a company with close ties to the Kremlin, made Yamal's pivot to China possible, as sanctions forced Russia to find an alternative source of investment and technology.

The first choice was obviously the Keystone XL project, which would take oil to the Gulf coast, but the cross-border permissions needed to get that off the ground are proving harder to secure than nearly anyone might have guessed.

Over a year which has seen large banks halt funding for fossil fuel projects, major institutions divest from oil, gas and coal holdings, and oil companies snap up power and renewables companies in a bid to diversify their asset base, research published today by the UK Sustainable Investment and Finance Association (UKSIF) and the Climate Change Collaboration suggests nervousness over climate risk has shot up in financial circles.

However, Syncrude's forecasted production for the full year remains within the annual guidance range, said Suncor, which holds the majority stake in the oil sands joint venture project.

From a strictly legal perspective, the relevant question is not whether there is a sufficient connection to any particular existing or proposed oil sands development or other production activity, and certainly not whether such projects or activities were included in the Terms of Reference (ToR), but rather simply whether the GHGs associated with the production of bitumen that will be transported by the NGP are an «environmental effect» of that project (see NGP Report, Volume II, Appendix 4, Terms of Reference, which defines «environmental effect» very broadly to mean «any change that the project may cause in the environment.»

Probably the most discussed aspect of the NGP Report (see this excellent discussion on CBC's The 180 beginning at around the seven minute mark) is the JRP's treatment (or lack thereof) of «upstream» greenhouse gas emissions (GHGs), and specifically the apparent asymmetry between the JRP's decision to consider the need to open markets for projected increases in oil production — the vast majority of which would uncontrovertibly be from the oil sands — but not the GHGs associated with this projected growth.

The commercial case for the Keystone XL project, which would allow Gulf Coast refiners to access oil from lower - priced, landlocked markets such as Alberta, therefore, would potentially allow the U.S. to reduce their dependence on foreign oil — albeit by a small amount.

To be certain, the opposition to projects like the Keystone XL pipeline, which would carry Alberta oil sands products to US markets, and the Northern Gateway pipeline, which would carry oil sands products to a new west coast terminal for export to Pacific markets, has caused delays and increased costs to proponents.

Griffin Perry co-owns Grey Rock Energy Partners, which runs funds that buy into oil and natural gas drilling projects.

Rosneft said on Thursday it would continue developing oil and gas projects on its own and would continue working with Exxon on projects which are not subject to sanctions.

The company warned then that it could cancel the proposed 4,500 - kilometre (2,800 mile) oil pipeline from Hardisty, Alberta, to Saint John, New Brunswick, which would have been most expensive project in TransCanada's history.

Some of its key projects include the Golden Eagle development in the North Sea, which should start producing oil by the end of this year.

TransCanada has said its shippers remain committed to the project, which would deliver diluted bitumen from Alberta's oil sands to refineries on the Gulf Coast that are specifically equipped to process heavy crude.

After having the project rejected by former president Barack Obama, TransCanada Corp. has re-applied for approval of the Keystone XL line, which would deliver Alberta oil sands crude to refineries in the U.S. Gulf Coast.

The letter, which goes on to call the development project «vital infrastructure», was written in response to the filing of a B.C. reference case that will question whether the province has the power to regulate the flow of oil and gas across provincial borders.

The EOR project has the potential to add 2,000 bbl / day — 3,000 bbl / day of light oil production, which would throw off substantial cash flows and unlock over 25 million barrels of oil equivalent of in - place volumes with potential value of $ 177 million ($ 1.39 / fd share) versus a market cap of ~ $ 14 million today.

National Bank also highlighted that major maintenance initiatives are planned at Syncrude Canada Ltd., Canadian Natural Resources Ltd.'s Athabasca oil sands project and Suncor Energy Inc.'s base plant — which cumulatively could reduce industry oil output by 650,000 barrels per day in the coming months, easing some of the stress on full pipeline networks.

'' The expenditure is drawing barbs from the opposition, but the government defends the television and Internet campaign for the budget, which sees Alberta facing a projected $ 10.4 - billion deficit amid economic turmoil caused by low oil prices.

Last week, we commented on the proposed Kinder Morgan TransMountain expansion project which is slated provide Alberta's oil producers with the opportunity to...

The ATO had been expected to focus on interest deductions claimed by the Australian subsidiaries of Exxon and rival oil giant Shell, both of which are shareholders in Gorgon, after the operator of the giant gas project, Chevron, lost a $ 340 million tax fight in the Federal Court last year.

It has been in commercial use since Royal Dutch Shell plc started up the Athabasca Oil Sands Project in 2002, and was put to work again at the AOSP Jackpine expansion in 2010 as well as at both operating phases of Imperial Oil Limited's Kearl mine, which started in 2013 and 2015, respectively.

ARC Energy Research Institute forecasts $ 30 billion will be spent in conventional and tight oil and gas formations in Canada this year, which is more than twice the $ 12 billion in investment projected to go into the oilsands, but still well below the peak of $ 46 billion spent in Canadian conventional oil and gas production in 2014.

Harper's successor, Liberal Justin Trudeau, has offered tepid backing of the project, but also stresses that the pipeline project, which would be the conduit for Canadian oil sands, would be managed in an environmentally responsible way.

After my post last night got me reading Budget 1980 and the National Energy Program, I stumbled upon something completely fascinating: the hated National Energy Program proposed an indexed price for synthetic crude from oil sands projects which, had it been followed until today, would have been above the Canadian dollar price of WTI in -LSB-...]

Alimentaria will also be increasing the number of specific micro-events, such as the Premium area, for haute cuisine and delicatessen firms; the «Gluten - Free Isle» with products appropriate for coeliacs and solutions for other food intolerances; the «Cocktail & Spirits» space in Intervin, in which companies of distilled beverages will promote high quality products and brands and will carry out demonstrations of cocktails and mixed drinks; «Pizza & Pasta Project» dedicated to these Italian specialities; and the «Sweet Business Area» for the confectionery industry and «Olive Oil Business Meetings» for oil manufacturerOil Business Meetings» for oil manufactureroil manufacturers..

OT: do you guys seen the article when Flamini is talking about a a project he invested in 7 years ago (a company which is about to product that can replace oil).