Oil companies, hard pressed lately to come up
with oil reserves away from crowds brandishing Kalashnikov's, can breath a sigh of relief - as will their stockholders - if the XL pipeline is approved and Gulf Coast refineries let to expand as if it were 1960 again.
Oh, I can't specify a particular year or time, but fer cryin» out loud, ALASKA AND RUSSIA are flooded
with oil reserves, and those didn't come from ice forests, boys and girls.
In short,
with oil reserves becoming more and more difficult to access and extract, EOR is becoming more and more attractive.
With oil reserves headed inexorably for depletion, shortages and more wild price swings (like last summer's $ 147 - a-barrel spike) very likely loom ahead.
With the oil reserves in the Middle East threatened, the world could also turn to Canadas energy resources as a haven for a world in conflict.
Not exact matches
Just days later, the U.S. president made clear in his State of the Union address that when it came to the other big eco-controversy in America — hydraulic fracturing, or «fracking,» to access natural gas
reserves — he was siding
with the
oil and gas industry.
A petroleum - consulting and advisory firm, Sproule has spent 60 years assisting organizations around the world
with the evaluation of
oil and gas
reserves along
with merger - and - acquisition - related due diligence and reservoir studies.
Alberta has the world's third largest
oil reserves,
with 170 billion barrels of proven
reserves.
Prior to the technological revolution in U.S. energy production, 81 percent of the world's proven
oil reserves were located in OPEC member countries,
with the bulk of OPEC
oil reserves in the Middle East, amounting to 66 percent of the OPEC total.
Blessed as we are
with the world's third - largest
oil reserves, Canada's mission was to help fill America's growing gap between domestic supply and demand.
Like Alberta, Venezuela is blessed
with huge
reserves of heavy
oil — more than any other nation on earth, according to some recent estimates.
That power squarely rests
with oil - rich nations that hold most of the world's
oil reserves and the Wall Street banks and hedge funds that speculate and make markets in the
oil trading game.
With 3.2 billion barrels in
reserves, short - term moves in
oil prices won't make or break Fort Hills, said Suncor spokeswoman Sneh Seetal.
Additionally, the SEC requires
oil and gas companies, in filings made
with the SEC, to disclose proved
reserves, which are those quantities of
oil and gas, which, by analysis of geoscience and engineering data, can be estimated
with reasonable certainty to be economically producible — from a given date forward, from known reservoirs, under existing economic conditions, operating methods, and governmental regulations.
Last month, Oslo - based Rystad Energy shared a report that shows the U.S. as now having the world's largest
reserve of recoverable
oil,
with 264 billion barrels in existing fields, unconventional shale and as - yet undiscovered areas.
With exploration budgets down, major
oil companies will rely on acquisitions to replace up to half of their
reserves, according to energy consultancy firm Wood Mackenzie.
With the dramatic drop in
oil prices, the contingency
reserve is long gone already.
Despite the unforeseen fall in
oil prices in 2014, the Conservative government,
with a lot of slight of hand (reduction in contingency
reserve, selling GM shares at fire sale prices, optimistic economic and
oil price assumptions), produced a budget that financed all of its pre-election promises, while still leaving a surplus of $ 1.4 billion in 2015 - 16 rising to $ 4.8 billion in 2019 - 20.
With an eye on the nation's fuel supply, the Department of Energy authorized a release of crude
oil from the strategic petroleum
reserve in order to help Phillips 66 get its Lake Charles refinery up and running.
Right now, U.S.
oil reserves are almost in parity
with those of Saudi Arabia.
Admittedly we are a net importer of
oil (increasingly so as Bass Strait
reserves diminish), but Australian entities make large exports of natural gas and thermal coal, whose prices are highly correlated
with oil prices over time.
JULY 2012: Mitchell Anderson, as part of a larger project in collaboration
with Tides Canada reporting on Canada's transition to cleaner energy, travels to Norway and a files widely read stories on how that nation has gained far more wealth from its
oil reserves than has Alberta.
The U.S. sale from the
reserve was expected at some point but the timing of the purchase shows that refiners need supply now because even
with the increase in supplies this week,
oil supply are below the average range for this time of year.
Maduro's government claims that the Petro is backed by domestic energy
reserves,
with its price pegged to one barrel of Venezuelan
oil.
Production would be about 290,000 barrels of
oil and gas equivalent per day,
with reserves sitting at 1.2 billion barrels of
oil equivalent.
A Paris - based intergovernmental organization, the IEA was established during the 1973
oil shocks and was charged
with coordinating international responses to global
oil crises, including the release of strategic
reserves.
With Suncor is positioned nicely from a reserve standpoint, with operations in northern Alberta (which is second only to Saudi Arabia in production among oil sands regions), its valuation should rise to be more in line with peers, especially as supermajors continue to battle it out for conventional reser
With Suncor is positioned nicely from a
reserve standpoint,
with operations in northern Alberta (which is second only to Saudi Arabia in production among oil sands regions), its valuation should rise to be more in line with peers, especially as supermajors continue to battle it out for conventional reser
with operations in northern Alberta (which is second only to Saudi Arabia in production among
oil sands regions), its valuation should rise to be more in line
with peers, especially as supermajors continue to battle it out for conventional reser
with peers, especially as supermajors continue to battle it out for conventional
reserves.
However, the underlying constraints in
oil reserves are expected to re-emerge after a few years,
with both ABARE and Geoscience Australia expecting
oil production to decline again after 2007.
Though we are disappointed
with Newfield's stock performance, we are pleased
with management's decision to decrease spending on natural gas
reserve development and instead spend that money on its
oil properties.
Drizzle
with 2 teaspoons extra virgin olive
oil (
reserve 2 teaspoons
oil for later).
shale
oil may be a bubble but countries like Libya Iraq Iran produce nothing compared to their potential / production capacity + there is always offshore exploration recently Morocco seems to be in the spot light not to mention the arctic sea / north pole especially Russia where a new Koweit is to be found and also south China sea Venezuela's tight
oil if all the types of
oil are included venezuela must be a heaven
with a quarter of global
oil reserves with +300 billion barrels more than 260 bbls of Saudi Arabia that can still produce more than 10/11 million barrel / day that it's procucing today.
That's several years» worth of bull market gains — but
oil at $ 50 would still leave many
reserve owners
with a stranded asset.
Oil - rich Kuwait,
with an estimated 89 years of petroleum
reserves, could lag behind its GCC neighbors in terms of real GDP growth this year.
But these Haredi Jews are only wasting their own time and money, they're not ruling dozens of countries
with most of the industrial world's
oil reserves.
Garnish the
reserved 1/4 of apple — cut in small cubes pumpkin seeds — optionally soaked and dehydrated for extra crunch drizzle of chili olive
oil (optional)-- olive
oil mixed
with chili powder fresh mint or cilantro leaves
Drain the figs,
reserve about 1/3 of them, chop and combine the rest
with the beans, dates, cocoa powder, coconut
oil, chia seeds, vanilla extract and salt in a food processor.
Add the
reserved 1 cup of coconut milk and the rest of the ingredients,
with the exception of coconut
oil.
In large bowl, beat cake mix,
oil, eggs and
reserved pineapple juice
with electric mixer on low speed 30 seconds.
In a small bowl mix the olive
oil with the juice of 2 of the meyer lemons or 3 of the regular lemons,
reserving one lemon to juice for the lemon rice.
Stew 12 ounces eggplant, peeled and cut into 1 / 2 - inch pieces (about 1 medium eggplant) Salt 4 Tbsp extra-virgin olive
oil 1 large onion, chopped 1 pound russet potatoes, peeled and chopped into 1 / 2 - inch pieces 2 Tbsp tomato paste 2 1/4 cups water 1 28 - ounce can whole peeled tomatoes, drained
with juice
reserved and chopped coarse 2 zucchini, 8 ounces each, cut into 1 / 2 - inch pieces 2 red or yellow bell peppers, stemmed, seeded, and cut into 1 / 2 - inch pieces 1 cup shredded fresh basil
Add the
reserved fragrant garlic and drizzle
with the garlic
oil.
Divide soup between chilled bowls and top evenly
with watermelon,
reserved chopped mint and a drizzle of olive
oil.
In large bowl, beat cake mix,
oil, walnuts, orange segments,
reserved 1/3 cup orange liquid, and eggs
with electric mixer on low speed 30 seconds, then on medium speed 2 minutes.
I
reserved a bit of the dry mixture to sprinkle on top,
with additional coconut
oil on top to help it brown, and then a dusting of turbinado sugar.
Grease a 23 cm (9 inch or a bit longer) long loaf pan
with olive
oil and spoon the 2/3 of the glaze into the loaf pan and spread evenly (
reserve the rest for serving).
I
reserved some of the labneh and put it in a small bowl and topped it
with fresh herbs and olive
oil.
Drain the meat,
reserving the marinade, and place the meat on a platter, cover
with plastic wrap, and let it come to room temperature while you
oil or spray the grill.
Place the divided endives and fennel on a baking sheet (
reserve some space for the walnuts), drizzle
with honey and olive
oil.
ingredients PORK CHOPS
WITH SAUSAGE AND PEPPERS 1/4 cup olive
oil (divided) 1/2 pound sweet Italian sausage (removed from casings if necessary) 1 can (15 ounces) crushed tomatoes 1/4 cup
reserved pepperoncini brine 1 jar (12 ounces) pepperoncini peppers (sliced, about 3/4 cup) 1 tablespoon fresh oregano (leaves only, roughly chopped) 3 tablespoons honey 2 tablespoons fennel seeds 4 center cut bone - in pork chops (1 1/2 - inches thick each) Kosher salt and freshly ground black pepper (to taste)
1/2 cup brine - cured black olives, rinsed, drained, and pitted 2 teaspoons drained capers 1 small garlic clove, chopped 1/2 teaspoon finely grated fresh lemon zest 2 (6 1/2 - ounce) jars marinated artichokes, drained,
reserving marinade, and chopped 1/3 cup mayonnaise 2 (6 - ounce) cans tuna in olive
oil, drained and any large chunks broken into smaller pieces 4 (7 - inch - long) ciabatta rolls or other crusty rolls
with soft, chewy crumb - or two mini loaves of crusty bread 3/4 cup fresh flat - leaf parsley leaves