Very few face creams, body lotions, serums and so on don't have some kind of
base oil at their core.
Not exact matches
Based on a sum - of - the - parts analysis, integrated
oil companies traded
at a discount to their pure - play competitors, whether they were pure - play upstream, like an Anadarko or a Chesapeake, or downstream, like Valero or Tesoro.
Woodside Petroleum Ltd subsidiary
ATS Inc has made good on a promise not to extend its $ 1.16 billion hostile takeover bid for US -
based oil producer Energy Partners Ltd, after failing to reach the minimum acquisition level of 50 per cent.
• BP Energy Partners will sell portfolio company Pinnacle Midstream, a Houston, Texas -
based oil and gas exploration company, for
at least $ 300 million, according to Reuters.
«If Saudi Arabia wants to recapture its number one ranking, it needs to accept the renminbi for
oil payments instead of just the dollar,» Gordon Kwan, the Hong Kong -
based head of regional
oil and gas research
at Nomura Holdings Inc., told Bloomberg back in June.
Perth - headquartered international
oil and gas services firm ASCO Group has officially opened a $ 110 million supply
base facility
at Darwin Port.
Perth -
based oil explorer Red Emperor Resources says delays
at its Georgian project have been caused by joint venture partner Range Resources, which has failed to carry out a planned drilling program.
Perth -
based Carnarvon Petroleum says it will invest about $ 10 million to acquire 3D and 2D seismic data, which will allow the company to expand its search for
oil and gas
at its Phoenix project off the Pilbara coast.
Since Medline became CEO
at the Toronto -
based retailer in 2014,
oil prices have plunged to below US$ 50 a barrel, creating economic hardship in Western Canada.
«I made a forecast of
oil at $ 200
based on what the price would be if the economy continued to grow,» he explained in a recent interview.
In January energy specialists Wood MacKenzie analyzed its database of 2,222
oil - producing fields around the world and found that a mere 0.2 % of the world's supply would be operating on a cash - negative
basis at $ 50 per barrel for Brent.
Researchers
at Rice University have proved that adding graphene oxide to water -
based drilling fluids can improve
oil extraction by minimizing potential leakage.
Scoring a major asset
at a time when
oil prices had hit major lows has transformed Perth -
based junior Kalrez Energy NL from a gold explorer to an
oil and gas producer.
That being said, this isn't always the case, as there are some
oil -
based soaps that are downright terrible, while there are
at least a few decent glycerin -
based shaving soaps on the market today.
«This is a clear sign of how spoilt Asia is for choice these days, with Middle Eastern crude now having to compete with
oil from other regions,» Amrita Sen, the chief
oil - market analyst
at Energy Aspects Ltd., a London -
based consultant, said in an e-mail.
«Following Russia's recent acceptance of the renminbi as payments for
oil, we expect more record high
oil imports ahead to China,» Gordon Kwan, the Hong Kong -
based head of regional
oil and gas research
at Nomura Holdings Inc., said in an e-mail, referring to the Chinese currency.
On the other side of the ledger, an
oil spill in Burrard Inlet would put
at risk industries, including tourism, real estate and agriculture, that together employ over 200,000 people, according to Vancouver -
based CRED (Conversations for Responsible Economic Development), a non-profit research and advocacy group.
Consulting companies like Tata,
based in India, use them to supply computer workers
at American banks,
oil companies and sometimes software firms.
Canada's rig count additions appears to be leveling off, and despite its large swings in the number of active rigs on a weekly
basis, has roughly the same number of
oil rigs in operation that it had back
at the end of July.
The company also said
oil sands operations production has benefited from reliable operations
at its Firebag and MacKay River plants, but
base plant operations dealt with a significant, weather - related outage in January that will cut first quarter output to roughly 400,000 bbls / d.
Chevron (CVX)- My original cost
basis for the
oil major was around $ 120 a share and it is currently trading below that
at $ 117.
The real bubble was caused by the fact that the Alberta government's forecast for light
oil was far above what the markets were predicting
at the time
based on the 3 year NYMEX strip used by Sproule Associates to forecast future
oil prices.
Second, the value of bitumen relative to the value of heavy
oil was lower than expected, leading to a lower than expected royalty
base on which the province was collecting royalties
at lower than expected rates due to low WTI prices.
The companies
at the most risk in such a scenario are those such as Continental Resources and Whiting Petroleum that not only
based their budgets on higher
oil prices but still have balance - sheet issues to work out.
The looming supply growth is mostly due to two factors: the scheduled end of OPEC / non-OPEC production cuts in March and US shale production, including NGLs, «growing like crazy,» said New York -
based Mike Wittner, managing director and global head of
oil research
at Societe Generale.
That, in a nutshell, is why people want to get into
oil stocks and why many portfolios have
at least one
oil -
based asset.
Oil prices at a five - year low should be a wake - up call for Canada to abandon an economic strategy based strictly on tar sands / oil sands
Oil prices
at a five - year low should be a wake - up call for Canada to abandon an economic strategy
based strictly on tar sands /
oil sands
oil sands...
The commencement of production
at a number of large resource projects over the next two years should also provide a significant boost to exports of
base metals and
oil.
CALGARY — Multiple workers were injured and some transported to hospital on Thursday morning after a fire broke out
at Husky Energy Inc.'s refinery in Superior, Wisc. putting the Calgary -
based oil producer on the defensive, as it argued there were no known commonalities between the accident and other recent operational mistakes.
Ms. Tarras decided last year that some of the guidelines didn't apply when the government's top
oil and gas bureaucrat took a senior post
at the Canadian subsidiary of a firm
based in Houston, Texas, that is developing natural gas reserves in northeastern British Columbia.
However, Asian interest in developing investment ties with Canada is not limited to China: Companies from Japan, Korea, Malaysia and Thailand have invested capital in Canadian
oil and gas assets, and other Asia -
based companies are looking
at investment opportunities.
Sergei Guriev, a former advisor to the Russian government, told CNBC that, should
oil prices stay
at their near - record lows of around $ 82 a barrel, Russia, which is
basing its economic forecasts on a much higher
oil price, would face a «serious problem.»
National Bank also highlighted that major maintenance initiatives are planned
at Syncrude Canada Ltd., Canadian Natural Resources Ltd.'s Athabasca
oil sands project and Suncor Energy Inc.'s
base plant — which cumulatively could reduce industry
oil output by 650,000 barrels per day in the coming months, easing some of the stress on full pipeline networks.
Prior to joining SKAGEN he was
based in Shanghai, as Head of China Special Mandate,
at Norges Bank Investment Management (the
oil - fund), where he also previously held positions as a portfolio manager and a generalist global equity research analyst.
By 2020 the country wants the ability to mine land -
based deposits that begin two kilometres in depth, find minerals
at three kilometres, and identify
oil and gas
at 6.5 to 10 kilometres, the South China Morning Post reported October 5.
«There are pockets of areas that are getting stronger and weaker — certainly there is less demand in the
oil patch — but overall I have not seen any market change in the amount of deal flow over the course of 2014 or 2015,» reports Michael W. Scolaro, managing director and group head of Asset
Based Lending
at BMO Harris Bank.
At the moment, Russia and OPEC are signing agreements on
oil production cuts on a yearly
basis.
My friends in the industry say this is a ludicrous oversimplification for a number of reasons including (1) Kenney's valuation is
based on what he called the «current global market value» ($ 60 / barrel) which doesn't apply to bitumen, (2) he hasn't included the cost of extraction or the fact producers would never dump that much
oil onto the market
at once and (3) Albertans only get royalties, not the entire amount.
US 10 - year Treasury note yields rose 8
basis points to 2.32 % while West Texas Intermediate crude
oil added $ 1 a barrel, trading
at $ 51.50.
«The ideal way for China to replace the dollar as the dominant currency for her cross-border trade is to encourage her
oil suppliers to accept payment in her own currency,» says Alasdair Macleod, head of research
at Goldmoney, a gold -
based financial - services company in Toronto.
OPEC supply has fallen in October to 31.64 million barrels per day (bpd) from a revised 31.76 million in September, according to the survey,
based on shipping data and information from sources
at oil companies, OPEC and consultants.
They're the two largest exporters of crude
oil and, as you can see above, Russia requires an
oil price north of $ 100, Saudi Arabia right
at about $ 95 per barrel on a Brent
basis, and we're below that number now.
Houston -
based oil major ConocoPhillips announced this week it had sold off multiple land packages in Texas» extremely active Permian basin for US$ 250 million and,
at the same time, bought 35,000 acres of land in the Montney play in northern Alberta and B.C. for US$ 120 million.
«The valuation of Saudi Aramco
at IPO is largely meaningless when being sold to locals,» says Emad Mostaque, a strategist specializing in geopolitics, frontier markets and
oil at London -
based emerging markets consulting firm Ecstrat.
Our valuation of
oil investments was
based on a price in the $ 70s when
oil was
at $ 100 and is still
based on that number.
Oil - rich Qatar is spending heavily on infrastructure, even as it goes deeper into debt, claiming the massive spending is aimed
at creating a knowledge -
based economy.
Looking
at global
oil demand, you can see it's been unrelenting through recessions, through bull markets, bear markets, and it looks like it's going to continue to go up
at a fairly steady level
based on latest data from the U.S. Energy Information Administration (EIA).
Cation Capital, a private investment firm, plans to nominate four directors
at the upcoming annual meeting of Calgary -
based Crescent Point Energy Corp., part of its plan to bring «focused leadership with a refreshed board» to the underperforming
oil and gas company.
Chevron (NYSE: CVX) began production
at its $ 1.4 billion premium
base oil facility in Mississippi after more than six years of development.
* All these recipes are plant -
based, vegan,
oil - free, and have no refined sugar (most have no added sugar
at all).