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Petroleum in sentence

135 examples of Petroleum in a sentence

Cuba is the most dramatic case of dependence: Without subsidized Venezuelan petroleum and the enormous sums paid for the Castros’ doctors – some excellent, some fraudulent – the island’s economy would sink, causing a wave of Cubans to leave, as has occurred repeatedly over the past half-century.
In the same week, Iran also released five American prisoners; exported enriched uranium, in accordance with the nuclear deal; and reentered world petroleum markets.
Alarmed that the production costs put forward by Shell were always increasing, in 1996 Nigeria's petroleum minister promised to establish a monitoring unit to scrutinize all of Shell's invoices and claims.
Saudi Arabia dearly wants a stable, balanced market for petroleum in advance of the sale of a 5% stake in Saudi Aramco, the national oil company.
In terms of total lifecycle costs, these vehicles are three to six times more energy-efficient than their petroleum counterparts.
Some petroleum experts argue that world oil production will peak in a decade or so.
After a subsequent meeting with Nigeria’s finance and petroleum ministers, Sanusi said that he had misspoken: the NNPC had misappropriated only $12 billion.
Greece exports refined petroleum products, olive oil, raw cotton, and dried fruit.
The overall pattern is familiar: China imports North Korean raw materials, such as coal, and exports machinery, consumer goods, and refined petroleum products.
Commercial agriculture uses petroleum, oil, and gas to operate machinery, transport goods, and produce agro-chemicals needed for fertilizers and pesticides.
Pathways to a low-carbon future focus on three main actions: improving energy efficiency, producing electricity from low-carbon energy sources (such as solar and wind energy), and switching from petroleum to low-carbon energy for powering vehicles (such as electric or fuel-cell vehicles) and heating buildings.
By the decade’s end, after an Arab oil embargo and the Iranian Revolution, domestic production was in decline, Americans were importing half their petroleum needs at 15 times the price, and it was widely believed that the country was running out of natural gas.
Brazil’s Petrobras, already one of the world’s largest petroleum companies, had a record-setting $67 billion IPO last year.
They contend that the absence of serious international efforts to reduce emissions, the cyclical nature of petroleum markets, investors’ short time horizons, and the fact that most oil assets are state-owned make it unlikely that policies to mitigate climate change will have an impact on oil prices.
In the hawks’ view, the real energy problem is not the absence of petroleum reserves, but the fact that they are concentrated in a vulnerable area.
But we recognize that we must go beyond BEPS and address broader issues related to the fiscally costly tax incentives found in investment, mining, and petroleum codes.
Similarly, revising mining and petroleum codes, as appropriate, could help improve transparency and ensure more equitable revenue-sharing arrangements between investors and the countries in which they operate.
At that time, it was often argued that price spikes for petroleum or other commodities were somehow “extraneous” to the system, and not a reflection of the real basis of monetary policy in the industrial countries.
First, Petrobras and Prominp develop a five-year personnel projection in specific skill areas, such as shipyard welding, pipefitting, and petroleum engineering.
It is still the unit in which petroleum is priced and traded worldwide, Venezuelan leaders’ complaints about the “tyranny of the dollar” notwithstanding.
Today, with Iran starved of technology and spare parts for existing equipment, OPEC’s second-largest oil producer in 2006 has become a net importer of refined petroleum products.
Its exports of goods comprise mainly fruits, olive oil, raw cotton, tobacco, and some refined petroleum products.
Fracking technology has also enabled the US to tap its large shale-oil reserves, making it the world’s largest petroleum producer, ahead of Saudi Arabia.
This was subsequently replaced with a two-tier exchange-rate system making the rupee partially convertible--60% of export earnings could be converted at the market exchange rate, and the rest at the RBI's fixed rate (used by the government to finance essential imports like petroleum, cooking oil, fertilizers, and life-saving drugs).
By omitting alcohol, tobacco, petroleum products, and electricity – which together account for more than a quarter of all tax receipts – the government is significantly diluting the GST’s potential impact on the national economy.
Another reason is that many of the manufacturing opportunities in Africa happen to be in globally competitive sectors such as automobiles and transport equipment, refined petroleum, computers, and office and industrial machinery.
In exchange for funding, the IMF demanded huge increases in tax rates on petroleum products, as well as hikes in energy prices.
The continent's largest petroleum companies, and equipment suppliers, are ready to invest what is needed to reduce CO 2 emissions.
Several sectors have propagandized their products to the public, systematically suppressing concerns about real harms; the petroleum, tobacco, and opioid industries immediately come to mind.
This is attributable mainly to Angola, Botswana, and Namibia, owing to cyclical investment behavior in the petroleum and extraction industry, and to South Africa, where privatization and acquisitions activity have slowed.
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