Sentences with phrase «as oil major»

Duo win key mandates alongside De Brauw and Cravath as oil major takes over rival in bid to boost its production
Shares of Chevron fell on Friday even as the oil major beat Wall Street's expectations on the top and bottom line and as profits and revenues jumped from a year ago.
LONDON Royal Dutch Shell reported on Thursday a 42 percent rise in first - quarter profit to its highest in more than three years on stronger oil prices and production, but its shares fell as the oil major's cash flow missed forecasts.

Not exact matches

Iran, a member of the Organization of the Petroleum Exporting Countries, re-emerged as a major oil exporter in January 2016 when international sanctions against...
Iran re-emerged as a major oil exporter in January 2016 when international sanctions against Tehran were lifted in return for curbs on Iran's nuclear programme.
Can Canada's manufacturing sector once again generate major growth for the economy as it did in the decades before oil and other commodity prices surged to record highs?
Iran, a member of the Organization of the Petroleum Exporting Countries, re-emerged as a major oil exporter in January 2016 when some international sanctions against Tehran were lifted in return for curbs on Iran's nuclear program.
Iran, a member of the rganization of the Petroleum Exporting Countries, re-emerged as a major oil exporter in January 2016 when international sanctions against Tehran...
Steve is also CNBC's OPEC reporter, covering major meetings and interviewing top OPEC oil ministers, non-OPEC ministers and heads of bodies such as the IEA and EIA.
Wall Street has fallen as healthcare stocks slid and investors worried about rising costs for companies as oil prices rose, although the major indexes eked out a gain in April to snap a two - month losing streak.
Major energy companies are called «Big Oil» for a reason, as the vast majority of their profits comes from the upstream divisions, which explore and produce oOil» for a reason, as the vast majority of their profits comes from the upstream divisions, which explore and produce oiloil.
While the fire has not directly damaged major oil sands production facilities, it has precipitated major disruption to the industry as companies evacuate employees.
The report comes as world oil and gas prices are falling and other major LNG developers, including Malaysian state - owned Petronas, put their B.C. LNG export facility plans on hold.
In addition, Mui reported on major international stories, including the Greek financial crisis and Brexit, as well as national disasters such as the BP oil spill and Hurricane Katrina.
Seko's visit to New Delhi has come at a time when India is preparing to create a network with other major oil consumers in Asia, such as China, South Korea and Japan, to negotiate better terms with sellers.
GR Engineering Services» oil and gas services business has won a second major contract in as many days, with Origin Energy signing the subsidiary on for a $ 50 million job.
«The summer should be hot for US equity and oil volatilities, as vulnerable positioning and geopolitical risks are major looming threats,» he said in a note on Friday.
If the oil majors were to attempt to be more disciplined this time around, the resulting rise in prices would simply accelerate the development of alternative sources of supply, as well as curbing demand growth.
In 2017, the California cities of San Francisco, Oakland, Santa Cruz, and Imperial Beach, as well as Santa Cruz county, Marin County, and San Mateo County attempted to sue oil majors over climate change damages, citing a theory called «public nuisance.»
Those closures, affecting a major U.S. oil refining hotspot, are pushing up the prices of energy products like gasoline and heating oil as investors anticipate a drop in supply.
The arrests come at a crucial time for Saudi Arabia as it tries to diversify its investments away from oil and rebrand itself as the next major tech player.
LONDON, May 3 - Libya's National Oil Corp is withholding Total's share of crude from the Waha concession as a dispute drags on over the French oil major's purchase of Marathon's stake in the concession two months ago, Libyan oil and industry sources saOil Corp is withholding Total's share of crude from the Waha concession as a dispute drags on over the French oil major's purchase of Marathon's stake in the concession two months ago, Libyan oil and industry sources saoil major's purchase of Marathon's stake in the concession two months ago, Libyan oil and industry sources saoil and industry sources said.
All the while, the industry thrived financially under a combination of high oil prices, low natural gas prices (a major input cost), recession - induced relief from cost inflation and a reduced cost of capital as majors and foreign national oil companies gobbled up wobbly juniors.
LONDON, May 3 (Reuters)- Libya's National Oil Corp (NOC) is withholding Total's share of crude from the Waha concession as a dispute drags on over the French oil major's purchase of Marathon's stake in the concession two months ago, Libyan oil and industry sources saOil Corp (NOC) is withholding Total's share of crude from the Waha concession as a dispute drags on over the French oil major's purchase of Marathon's stake in the concession two months ago, Libyan oil and industry sources saoil major's purchase of Marathon's stake in the concession two months ago, Libyan oil and industry sources saoil and industry sources said.
Key commodities traded globally such as crude oil, gold, copper and softs like wheat are typically priced in dollars, with liquidity often favor the major exchanges in New York, London and Chicago as centers of trade.
The costs of the discount are increasing as delays continue for all three major proposed oil pipelines to export more oil from Western Canada, including Kinder Morgan's Trans Mountain expansion, Enbridge's Line 3 replacement, and TransCanada's Keystone XL.
They will still be there but as soon as they can't meet their debt obligations or go bankrupt, a major oil producer such as Shell or Exxon will simply swoop in and buy them out.
Iran, a member of the Organization of the Petroleum Exporting Countries (OPEC), re-emerged as a major oil exporter in January, 2016 when international sanctions against Tehran were lifted in return for curbs on Iran's nuclear programme.
Investors hoping to invest in what could develop as a major gas and oil field in the Philippines have been stymied by Australian Stock Exchange bureaucracy.
The remaining oil majors — ExxonMobil (XOM), Total, Chevron (CVX), Shell (RDSA) and BP (BP)-- as well has the smaller integrated oil companies, like Hess, will undoubtedly be watching COP (COP) intently as it begins its dismemberment.
And as I shared with you last month, major explorers and producers's profits are now in line with what they were when oil was trading for $ 100 a barrel and more.
As of the early morning on August 18, the Stoxx Europe 600 Oil & Gas index — which includes Europe's majors Shell, BP, Total, Statoil, and Eni, among others — was down 11.94 percent year to date.
Compared to other major economies, India's per capita consumption of oil is relatively low, as ownership of automobiles and motorcycles — many Indians» preferred mode of personal transportation — is still developing, with penetration at merely 144 per 1,000 people.
The S&P 500 bounced 1.6 percent Wednesday to 1,926, as oil jumped more than 5 percent on more reports about a preliminary accord among some major oil producing nations to freeze production.
1) China's emergence as a dominant player in the low - carbon market, 2) global oil majors» shift to renewable energy, 3) big corporate brands moving to 100 % renewable power, 4) the rise of electric vehicles and expiration dates for gas - fuelled cars, and 5) energy getting smarter through digitization.
For pipeline companies with major proposals on the table, such as TransCanada and Enbridge, falling oil prices are a game changer of the same magnitude that rising prices were a decade ago.
NEW YORK (Reuters)- Wall Street fell on Monday as healthcare stocks slid and investors worried about rising costs for companies as oil prices rose, although the major indexes eked out a gain in April to snap a two - month losing streak.
A sharp correction in oil prices is putting the debate around major pipeline projects, such as Keystone XL, into a more nuanced light.
Vancouver was not envisioned as a major crude oil port.
Groups including Dutch telecommunications group Altice, US conglomerates Honeywell and General Electric, UK oil major BP and French luxury group Kering are considering setting up independent companies for some of their activities as a way to generate value for shareholders.
Mr. Swoveland also has worked as a geologist and exploratory geophysicist for both major and independent oil and gas companies.
As you can imagine, this data is incredibly valuable for everyone from oil traders to geopolitical analysts — and as such, it has been bought up and sold for tens of thousands of dollars by major data providerAs you can imagine, this data is incredibly valuable for everyone from oil traders to geopolitical analysts — and as such, it has been bought up and sold for tens of thousands of dollars by major data provideras such, it has been bought up and sold for tens of thousands of dollars by major data providers.
BP Plc is weighing an acquisition of some of BHP Billiton Ltd.'s energy assets as the British oil major seeks more U.S. shale, according to people familiar with the matter.
Oil is just one part of the story — we are also a major producer and exporter of coal and natural gas, base and precious metals, minerals such as potash, and agricultural and forest products.
ARM can be also used as a storage value, as its price represents a fraction of crude oil, while it can be also exchanged for any other major cryptocurrency like Ethereum (ETH), from where it could be transacted in any altcoin.
ExxonMobil has been cited as a likely buyer of various other major international oil companies as the synergies would be enormous.
Opposition, however, especially from several provincial governments and from oil and mining companies and small business groups, was so vociferous, as it had been to the report, that the Trudeau government retreated from any major reform.
Companies with heavy exposure to Russia, such as steelmaker Evraz PLC EVR, +2.94 % and oil giant BP PLC BP., -0.64 % BP, +0.07 % were among major decliners on Monday, down 7 % and 1.6 %, respectively.
It was just the latest in a string of major setbacks for tar sands oil, which has become nearly as bad for corporate profits as it is for the environment.
That might be due to concerns about Southwestern's financial struggles over the past several years as the result of its decision to finance a major acquisition with debt, or it could simply be bad timing amid falling oil prices.
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