Sentences with phrase «world demand for oil»

The combination of plug - in hybrids and bio-deisel (a much more energy - efficient fuel to make than ethanol) could significantly reduce developed world demand for oil for passenger transport.

Since March 1998, oil - producing countries have been making efforts to restrict supply, but it was not until early in 1999, when world demand for oil began to pick up, that these efforts were successful.

Not exact matches

The new Vito is right - sized, the Shell team hopes, for a world of peaking oil demand.

The drivers behind OPEC's forecast include steadily rising economic activity around the world, strong demand for transportation fuels like gasoline and jet fuel and a growing petrochemical industry, which turns byproducts from oil and natural gas into chemicals.

With other parts of the world already in turmoil, fallout from Syria could upend the dynamic, as the peak summer season for oil demand approaches, keeping oil prices in a new, elevated range.

On the demand side, OPEC said it now expects the world's appetite for oil to grow by 1.59 million barrels a day, up 60,000 bpd from last month's forecast.

«Cumulatively, between 2015 and 2017, the world has added around 5 mb / d of demand for oil products on the back of healthy economic conditions globally and a relatively steady product price environment,» OPEC said.

Prior shareholder letters insisted the proposals were misguided or ignored the company's efforts to spell out its position that even a world intent on limiting temperature rises would still need more oil — a position shared by bodies such as the International Energy Agency, which sees oil demand rising for some years to come yet.

As the world's population grows, the demand for all forms of energy will increase, including demand for oil and natural gas.

Demand for the U.S. dollar has remained high despite this because of the world's reliance on it to fund crude oil purchases.

Despite the backdrop of political and economic uncertainty, OPEC said that it anticipated world oil demand growth in 2016 to increase by 1.23 million barrels a day (mb / d) after a marginal upward revision, mainly to reflect better - than - expected economic data for the first half of the year.

«Lower oil prices are precipitating an upwards revised forecast for world demand,» Andy Lipow, president of Lipow Oil Associates LLC in Houston, told Bloombeoil prices are precipitating an upwards revised forecast for world demand,» Andy Lipow, president of Lipow Oil Associates LLC in Houston, told BloombeOil Associates LLC in Houston, told Bloomberg.

The IEA reported that world oil supply fell by 720,000 bpd in August compared to July, while on the other hand, the agency revised up its forecast for oil demand growth this year to 1.6 million bpd from the previous estimate for 1.5 million bpd growth.

One small group thinks that lower for longer could end soon because U.S. shale can't keep a lid on prices forever and can't catch up with expected robust demand — all the more so that investments in conventional supply around the world have slumped since the oil prices started crashing.

World oil demand will rise less than previously thought in 2014, due to a lower outlook for the global economy and demand growth in the second quarter falling to its lowest level in more than two years, the West's energy watchdog said Tuesday.

The combined output loss of near 850,000 b / d, or just under 1 percent of world oil demand, has been enough to put Brent on course for its first monthly gain since October.

As data becomes the new oil driving the world economy, hackers will go after it more than ever before, spurring demand for professionals...

The footage serves as a plausible facsimile of the war as defined by the Pentagon; it tells viewers nothing about the origins and nature of an enemy that Republicans and Democrats alike have been ignoring for the last ten years, out of deference to the demands of Big Oil and in the hope that a world of six billion people might wake up one morning, consider the odds, and start bowing to Bill Gates, Michael Jordan, and the Goddess of Democracy.

But despite the predictability of problems, the world has moved ahead, adopting forms of urbanization, agriculture, manufacturing, and transportation that increased the demand for oil.

Certainly, the ever - increasing demand for oil around the world has, in part, fueled the comeback.

But given the world's increasing thirst for oil — and the demand for energy more generally — guessing black gold's future price is a speculator's game.

Khew and others say Singapore's highly efficient oil refining industry could help the world meet its demand for petroleum at a lower environmental cost than elsewhere.

A truth that floated to the surface during the BP energy company's Deepwater disaster in the Gulf of Mexico, along with hundreds of millions of liters of oil, is that the world does not have a ready replacement for conventional forms of fuel such as crude oil and likely will not have one for some time, particularly as demand for energy grows worldwide.

Explosive growth in the world's emerging economies has lit up patches of the map that barely flickered a few decades ago, jacking up the demand for power and straining known oil reserves to the limit.

They include Emily Callahan and Amber Jackson, who are using their skills and intellect to turn oil rigs into coral reefs; Nate Parker, the activist filmmaker, writer, humanitarian and director of The Birth of a Nation; Scott Harrison, the founder of Charity Water, whose projects are delivering clean water to over 6 million people; Anthony D. Romero, the executive director of the ACLU, who has dedicated his life to protecting the liberties of Americans; Louise Psihoyos, the award - winning filmmaker and executive director of the Oceanic Preservation Society; Jennifer Jacquet, an environmental social scientist who focuses on large - scale cooperation dilemmas and is the author of «Is Shame Necessary»; Brent Stapelkamp, whose work promotes ways to mitigate the conflict between lions and livestock owners and who is the last researcher to have tracked famed Cecil the Lion; Fabio Zaffagnini, creator of Rockin» 1000, co-founder of Trail Me Up, and an expert in crowd funding and social innovation; Alan Eustace, who worked with the StratEx team responsible for the highest exit altitude skydive; Renaud Laplanche, founder and CEO of the Lending Club — the world's largest online credit marketplace working to make loans more affordable and returns more solid; the Suskind Family, who developed the «affinity therapy» that's showing broad success in addressing the core social communication deficits of autism; Jenna Arnold and Greg Segal, whose goal is to flip supply and demand for organ transplants and build the country's first central organ donor registry, creating more culturally relevant ways for people to share their donor wishes; Adam Foss, founder of SCDAO, a reading project designed to bridge the achievement gap of area elementary school students, Hilde Kate Lysiak (age 9) and sister Isabel Rose (age 12), Publishers of the Orange Street News that has received widespread acclaim for its reporting, and Max Kenner, the man responsible for the Bard Prison Initiative which enrolls incarcerated individuals in academic programs culminating ultimately in college degrees.

Energy stocks are subject to the world economic climate and demand for oil, unless you're talking alternative - energy stocks, which are subject to political risk regarding their subsidies and technological risk regarding whether or not their technologies pan out.

With the demand for oil and natural gas increasing around the world, so should the stock price of Petrobras Brasileiro.

3) If countries like China and India follow the American pattern in transportation, ballooning demand for oil is bound to be a disruptive influence on world affairs with or without the climate impact of all those additional emissions of greenhouse gases.

Recently at $ 147 a barrel it was starting to hurt but when we can not pump more oil and a depression is not on the cards and demand is growing it will spell significant issues for the world.

Since 1996, demand for oil and natural gas has continued to grow with the expansion and globalization of the world's economy.

The world will see more wars, such as the conflict in Iraq, unless a path is opened that can dramatically reduce demand for oil.

In a news release, Dave Ernsberger, senior editorial director for Asia at Platts, said this could mean that «the first seedlings of a broad stabilization and recovery in oil demand are starting to poke through around the world.»

In recent years, the world's demand for oil has grown dramatically.

Carbon Tracker compared demand for fossil fuels in a 1.75 C world — the mid-point of the Paris Agreement — with demand in a 2.7 C world, looking at oil, gas and coal production to 2035 and capital investment to 2025.

Whether it's the destruction of rainforest shared by elephants and orangutans in Sumatra to produce palm oil; reports linking fast food giants to the burning of tropical forests in Brazil and Bolivia; or the hundreds of thousands of hectares of tree cover loss per year in West Africa — the world's forests are being razed to sate global demand for -LSB-...]

China's total oil consumption is slated to continue increasing; EIA forecasts that growth in China's demand for oil will represent 64 % of projected world oil demand growth during 2011 - 2013.

Even as developing regions of the world leapfrog into technologies that are more resource efficient and carbon intensive — it is apparent that the demand for resources — including coal and oil — will expand this century.

This analysis utilises the oil and gas demand levels indicated by the International Energy Agency's (IEA) World Energy Outlook 2016 450 scenario as a proxy for a 2D scenario.

It is the world's biggest importer of palm oil and global demand for the stuff is soaring, even before much is getting converted into biodiesel, as increasingly it will.

The analysis found, somewhat surprisingly, that only proceeding with lower cost, less carbon - intensive projects needed to satisfy demand in a carbon - constrained world will add over $ 100 billion to the value of the world's seven oil majors, unless oil prices spike beyond $ 100 a barrel for a sustained period of time — well over OPEC's long - term average assumption of around $ 80 a barrel.

As a group, the report notes, the G20 accounts for around 80 % of the world's total primary energy demand — including almost 95 % of its coal demand and nearly three - quarters of its gas and oil demand.

The simultaneous surge in energy demand, especially from developing countries, means that fossil fuels — such as coal and oil — will still account for 77 percent of world energy use through 2040.

Estimates of the amount of oil they contain vary hugely, but Navigant, a consultancy, reckons that North America could produce anything from 26.9 - 53.5 trillion cubic metres of shale gas alone, enough to satisfy the world's total current demand for gas for up to 15 years, though at today's prices not all of it would yet be worth extracting.

The International Energy Agency, the energy watchdog for western economies, has projected 2030 world oil demand of 116 million barrels a day.

A wave of legal challenges that is washing over the oil and gas industry, demanding accountability for climate change, started as a ripple after revelations that ExxonMobil had long recognized the threat fossil fuels pose to the world.

The CTI report says there will be no need for new coal mines, oil demand will peak around 2020, and growth in gas will disappoint industry expectations if world leaders agree and then implement the policies needed to meet the UN commitment to keep climate change below 2 ˚C − the threshold agreed by most governments.

As the world's highest yielding oilseed, the crop generates substantially more vegetable oil per acre than soy, canola (rapeseed), or corn, meaning that palm oil can help meet future demand for vegetable oil with less land, a point palm growers are quick to mention in any discussion over the environmental impacts of palm oil.

The trigger for this was a rising dollar, a pronounced drop in economic activity around the world, excepting mostly the US, and the concomitant drop in demand, a surge in the supply of oil.

Perhaps Harper's reportedly defeatist letter asking for «joint action to reduce greenhouse gas emissions in the oil and gas sector» is merely a ploy, designed to highlight the hypocrisy in U.S. demands that we reduce our emissions while the U.S. oil and gas sectors have been going gangbusters — the U.S. will soon become the world's largest oil and gas producer.

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