martes, 11 de diciembre de 2018

Suncor Energy weighing impact of Alberta's mandatory oil production cuts for next year

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Oil Sands News Digest
Wednesday 12 December 2018
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Canada's largest oil and gas producer by market capitalization said the exact impact will be unveiled when it issues its 2019 capital and production.

Mining companies across the globe now consider the risk of losing their licence to operate as the biggest risk to their businesses in the next two years

To cut and push up prices or not to cut and preserve market share.

A new rule taking effect in 2020 aimed at reducing pollution by cutting the sulfur content of maritime fuel will make sulfur-heavy oil sands crude less desirable.

Nigeria, Africa's top crude oil producer, is aiming to diversify its economy by developing other industries such as mining through various incentives.

If the required steps to fully implement the amended settlement do not take place Crystallex will go back to court to seize assets linked to Citgo.

Many of the political uncertainties weighing on commodity markets have a significant chance of being addressed in Buenos Aires.

Demand for Saudi crude may be lower in January compared with December – Khalid Al-Falih

King Salman inaugurated the Waad Al-Shamaal mining project, which is expected to boost the kingdom's GDP by $6.4 billion and its non-oil GDP by 3%.

Analysis shows oil consumption growing in coming decades, due to rising petrochemicals, trucking and aviation demand but meeting this growth in the near term means that approvals of conventional oil projects need to double.

Our options are actually quite limited when it comes to the globe's energy dilemma, the answer is nuclear energy and lithium-ion battery storage technology. Now all we need to do is convince the politicians.

After declining by more than 20 percent from the October peak, oil prices are showing some signs that they have now bottomed out.

Days before Tauli-Corpuz arrived in Ecuador, indigenous groups and about 2,000 protesters marched in the capital Quito and handed the national assembly a proposed law that would ban large metal-mining projects.

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