Sentences with phrase «many oil and gas companies»

Next, Orman started a junior oil and gas company, and later entered provincial politics.
«The business model of an oil and gas company in the future is going to have to be built around the abundance model, where your returns are not going to be made by commodity price increases,» says Munro.
The laudable mission statement of many oil and gas companies is to provide affordable energy to improve the world's living standards in an environmentally sound manner.
Woodside Petroleum is included in 4 lists - Business News 30, Exporters, Oil and Gas Companies and Public Companies - Resources.
The world's largest publicly - traded oil and gas company by market value has ridden out a collapse in crude prices better than most, its vertically - integrated model allowing downstream businesses to capture the value that upstream operations lose when oil prices are low.
Investors need oil and gas companies to make the case that they can become part of the solution to climate change, while remaining profitable.
Ultimately, oil and gas companies need to become what they claim to be; «integrated energy companies», rather than integrated fossil fuel companies.
Oil and gas companies need to prove to investors that they can shift to a low - carbon energy mix, while remaining profitable, says Bill Hafker.
The world's top oil and gas companies, including Exxon and Chevron, reported sharp drops in quarterly results last week due to lower oil prices and weaker refining margins.
Governments, for their part, must establish the needed incentives, like a carbon tax, which many oil and gas companies claim to support.
Suzanne's remarkable entrepreneurial journey saw her build and successfully exit two energy businesses — Auriga Energy Inc. and Black Shire Energy Inc. — before starting Imaginea Energy Corp., an oil and gas company premised in sustainability and community, in 2013.
An argument can be made that oil and gas companies are just reflecting the unfortunate situation they find themselves in, but that's not enough, and it's not what investors are asking for.
The giant oil and gas company reported dismal earnings on Tuesday, down 53 % from the same time last year.
Oil and gas will remain key energy sources despite the presence of shale and other alternative energy resources, the president of oil and gas company BHGE told CNBC on Monday.
Weingarten cautions against equating R&D spending too closely with innovation, noting that many oil and gas companies fare poorly under such measurements because of Statistics Canada's criteria for research spending, but still frequently develop new methods and ideas.
While oil and gas companies are prime targets for a lot of negative PR and public ire, Chevron employees responded favorably towards the company's culture.
Chief Executive Bob Dudley is in line for a $ 19.6 million compensation package for 2015, a year in which shrinking profit margins triggered by sharp falls in the price of oil led to more than 5,000 job losses at the oil and gas company.
Some states require oil and gas companies to disclose the chemicals and the amount of water they use in fracking operations on FracFocus.org, a website formed by industry and intergovernmental groups in 2011, but the statistics are not complete.
In northwest Louisiana, as the production rush began in the Haynesville Shale in 2009, the state water agency ordered oil and gas companies to stop pulling groundwater from the local aquifer that also supplied homes and businesses, and use surface water instead.
Armed with that reconnaissance, they began to develop what Sim calls a «solution map» — a prospective set of software tools designed to boost efficiency for oil and gas companies.
A year later, how are Canadian oil and gas companies responding to the collapse in crude oil prices?
All reasonable enough conditions — though methane currently is regularly released as a part of standard business for oil and gas companies.
Oil and gas company Zeta Petroleum has launched a proposal to acquire full ownership of Sydney - based Pan Pacific Petroleum by buying all the shares it doesn't already own in the company, in a deal worth $ 29.4 million.
The increased deployment of drones to the Arctic this year doesn't just spell economic opportunity for global shippers of oil and gas companies but also for drone manufacturers.
Oil and gas company Citation Resources has launched proceedings in the Federal Court against its former chairman Peter Landau after an investigation revealed issues concerning $ 2 million worth of transactions.
Shares in Perth - based oil and gas company Range Resources gained nearly 20 per cent on the ASX after it announced it had attracted the backing of Hong Kong - based institutional investment group Abraham.
«And the opportunity to deploy an unmanned aircraft can provide some very, very valuable information to a wide variety of interested parties, oil and gas companies being primary.»
Oil and gas company AWE has sold its stake in the Cliff Head offshore oil project to Elixir Petroleum, for an upfront payment of $ 1 million.
Perth - based oil and gas company Antares Energy has received a fresh $ US300 million offer from an undisclosed party for its Permian Basin oil and gas assets in Texas, less than six months after it backed out of a previous sale agreement.
CALGARY — Calgary - based oil and gas company Petrominerales (TSX: PMG) is up for sale in a proposed deal worth roughly $ 1.6 - billion.
Oil and gas company Citation Resources is seeking to diversify its business by acquiring an initial 40 per cent interest in an unlisted firm that converts rubber waste into clean fuels, for a cash and share package worth about $ 7 million.
One of the things Pardy likes about the Calgary - based oil and gas company is its upstream growth and potential free cash flow once its Horizon oilsands expansion bears fruit in late 2017.
By cultivating relationships with oil and gas companies now, UAS manufacturers like Insitu and Aerovironment are positioning themselves to continue supplying the industry with hardware and operational expertise as exploration activities in the Arctic expand.
Larry Archibald is linked to 1 organisation which is included in 4 lists - Business News 30, Oil and Gas Companies, Exporters and Public Companies - Resources.
Citation Resources has appointed KordaMentha as voluntary administrators, while the oil and gas company continues to pursue recovery of funds through a civil action against former director Peter Landau.
Local oil and gas company Antares Energy has sold its two remaining assets in the Permian Basin in Texas to an undisclosed private equity buyer, for about $ US250 million ($ A360 million).
For oil and gas companies that want to install drilling and pumping infrastructure there, continuous monitoring of conditions above, below and at the surface of the water will be integral, and right now drones are the only feasibly deployable technology that can collect and relay all that data in a cost - effective manner.
«We believe the growing workforce deficit will, in fact, be a greater barrier to oil and gas companies» upturn success than any deficits that might exist in capital, equipment or supplies.»
«There would be some modest gain to oil and gas companies, but realistically, they already have tons of places to drill,» he notes.
Moody's studied 37 oil and gas companies in Canada and the U.S., concluding that although the oil industry has dramatically slashed its cost of production in the past three years and is currently in the midst of posting much better financials this year, there is little room left for more progress.
The plan would open the door for drilling in areas far beyond the U.S. epicenter of offshore drilling in the central and western Gulf of Mexico, giving oil and gas companies the opportunity to explore areas left out of leases for decades.
One way to do so would be relaxing restrictions on drilling for oil and gas companies, the CEPR's Baker suggests.
The water - purification firm has found success by targeting regions with new or tightened environmental regulations — like China and Mexico — and offering its services to mining, power generation, and oil and gas companies.
Junior oil and gas company Pura Vida Energy has named Jeff Dowling as its new chairman and Ric Malcolm as a non-executive director, with current chairman Bevan Tarratt to resign from the board.
Those looking to buy in Calgary's Springbank neighbourhood, many of whom are often oil and gas company executives, are presented with the same amenities, including a short commute to downtown, but with a few unique features.
The sell - off originated in the energy sector, as oil prices plummeted and oil and gas companies struggled to pay of their debts.
DIRTT created a fully customized solution for a Brazil - based multinational oil and gas company.
Around 53 million of the total 164 million shares that voted opposed the reelection of David Kilpatrick, chairman of the compensation committee and, since 1998, the president of Kilpatrick Energy Group, a consulting firm to oil and gas companies; Vicky Bailey, president of Anderson Stratton International, LLC, a strategic consulting and government relations company in Washington, D.C; and private investor Keith Carney.
Michelle Grady is linked to 1 organisation which is included in 4 lists - Business News 30, Oil and Gas Companies, Exporters and Public Companies - Resources.
Failure of prices to recover raises the prospect of even deeper cuts to investment by oil and gas companies next year and would likely result in Canada's economy remaining on a slower growth path than the 2.2 per cent pace we are expecting.»
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