Sentences with phrase «by oil companies in»

Oil pollution by oil companies in Nigeria increases violence and killings at the sites of extraction.»

The group believe that there should be no cultural sponsorship by oil companies in a time of climate change, and fits within a wider set of politics around decolonising and democratising the museum.

Not exact matches

CEO Rob Peabody said Husky cut back heavy oil production by about 5,000 barrels per day in the first quarter and substituted mainly blended bitumen bought from other Alberta oilsands companies to send to its U.S. refineries in Ohio and Wisconsin or to the refining complex on the U.S. Gulf Coast.

Back in 2005 the China Offshore Oil Company, or CNOOC, got burned when U.S. lawmakers made noises to block its US$ 18.5 - billion takeover of integrated Unocal Oil Company, eventually bought by Chevron.

Spending by oil companies fell sharply as oil plunged below $ 30 a barrel in 2016, dragging on U.S. economic growth.

But for several years, companies in southern Louisiana, where his business is located, have suffered along with the oil industry, which is affected by changes in global oil supplies and technologies like fracking.

«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.

In the first decade of the century, the large integrated oil companies traded at an average discount of between 11 % and 12 % compared to their pure - play competitors, according to a study conducted at the time by Citi Investment Research and Analysis.

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.

«Cenovus is impressed by General Fusion's innovative, pragmatic approach,» executive vice-president Judy Fairburn explained in a release announcing the $ 3.8 - million investment from the oil company's Environmental Opportunity Fund.

Nonetheless, these workarounds by the oil companies played a critical role in the recent conflagration, both in safely evacuating Fort McMurray residents and in enabling producers to quickly ramp up again.

Netflix description: «This fictional drama series is loosely inspired by an investigation of alleged corruption in private and state oil and construction companies in Brazil.»

In November the BDC announced it would offer $ 500 million in additional financing to support smaller companies hurt by low oil priceIn November the BDC announced it would offer $ 500 million in additional financing to support smaller companies hurt by low oil pricein additional financing to support smaller companies hurt by low oil prices.

Months of deliberations behind closed doors at Shell headquarters in The Hague, Netherlands, had led the top brass at the world's largest non-state-owned oil company by sales to conclude that the energy industry was changing fundamentally — in a way that could turn the profitable oil - sands operation into a liability.

Suncor is Alberta's biggest company by assets, but a near 50 % drop in oil prices in 2015 hit the company hard.

TMS is focused on the Australian offshore oil and gas support industry and was acquired by labour hire company Integrated Group in 2002.

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.

A new survey of oil companies published by global accountancy firm Grant Thornton puts the size of the shift in perspective.

Responding to Tory charges that the NDP's proposed cap - and - trade system would wind up raising gas prices by 10 cents per litre, Jack Layton blamed Stephen Harper «s subsidies to big oil companies and support for the harmonized sales tax in Ontario for higher gas prices.

As a vice-president of parent company China National Petroleum Corp. explained at an oil and gas industry conference in Calgary, the company felt it was being shut out of Canada's oilsands by political pressure from the U.S. and had lost confidence in Enbridge's ability to manage aboriginal opposition to the line.

The company will invest 90 per cent of its 2018 capital budget of between $ 535 million and $ 585 million in the United States, most in North Dakota Bakken light oil wells, where production is expected to grow by 30 per cent.

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.

Abramovich was in Fribourg court as part of a lawsuit brought by the London - based European Bank for Reconstruction and Development against Abramovich, Russian oil tycoon Eugene Shvidler, and the Russian energy company Gazprom Neft, a bank spokesman said Wednesday.

A local oil and gas explorer led by Steinepreis Paganin partner Peter Wall has announced plans to acquire a digital technology company in a backdoor listing.

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.

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.

In 2001, with an investment of $ 1 million, Army vet Hulburt co-founded Rex Energy, an independent energy outfit he grew into a $ 300 million company by buying up oil and gas fields before taking it public in 200In 2001, with an investment of $ 1 million, Army vet Hulburt co-founded Rex Energy, an independent energy outfit he grew into a $ 300 million company by buying up oil and gas fields before taking it public in 200in 2007.

Foreign oil companies would refuse to dish out any more money to develop the country's resources if it knew that it could be kicked out at any moment by overzealous prosecutors in small towns.

Saudi Energy Minister Khalid Al - Falih has said it would be a risk to list in New York because of liabilities and litigation, including the climate change lawsuits against other oil companies by New York City.

«A DPRK - flagged tanker, SAM MA 2 owned by Korea Samma Shipping Company, conducted a ship - to - ship transfer of oil and fabricated documents in mid-October 2017, loading almost 1,600 metric tons of fuel oil in one transaction,» the United Nations said.

China's Sinopec plans to cut Saudi crude oil imports loading in May by 40 percent, an official from the company's trading arm Unipec said.

In December 2016, he fled to Canada, where he now seeks asylum from gangs that steal fuel from Salamanca and five other refineries operated by Pemex, the state - owned oil company.

The new company will be led by the president of EQT's midstream business, Jerry Ashcroft, who has more than 15 years of experience in the oil and gas industry, according to EQT.

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.»

So the pipeline is being built by an American company to help small - to - medium sized American oil companies transport American oil to American refineries in the Midwest for American drivers.

The arrests, by national intelligence agents, marked the first at a Western oil firm in Venezuela and represent a dramatic escalation of growing tensions between PDVSA and foreign companies over control of supply contracts.

The bill's introduction also comes amid various actions and statements by the Trump administration, including a fourth round of sanctions that restrict Venezuela and Petróleos de Venezuela SA, a state - owned oil company, from issuing new debt or from engaging in other financial dealings with U.S. citizens.

The arrests, by national intelligence agents, marked the first at a Western oil firm in Venezuela and represent a dramatic escalation of growing tensions between PDVSA and foreign companies over control of supply contracts, the sources told Reuters.

The dispute involves a lawsuit filed against Royal Dutch Petroleum over claims that the oil company was complicit in abuses committed by the Nigerian government against its citizens in the oil - rich Niger Delta.

A provision of Tillerson's ethics agreement says that he must give up any undistributed assets in the trust if he becomes employed by or provides services to «a company in the oil and gas industry or the oil and gas services industry.»

It's a massive transaction by Chinese standards, dwarfing the previous record, set by oil giant CNOOC's acquisition of a Canadian energy company, Nexen, for $ 15 billion in 2013.

Oil prices fell by another 24 % in the fourth quarter, as global supplies continued to outstrip demand, further eroding oil companies» upstream revenuOil prices fell by another 24 % in the fourth quarter, as global supplies continued to outstrip demand, further eroding oil companies» upstream revenuoil companies» upstream revenues.

China's Sinopec, Asia's largest refiner, plans to cut Saudi crude oil imports loading in May by 40 percent after national oil company Saudi Aramco set higher - than - expected prices, an official from the company's trading arm Unipec said.

The 80 - year - old has founded 10 oil and gas companies in his career and has been an early supporter of at least as many ventures by other people.

Among the factors that could cause actual results to differ materially are the following: (1) worldwide economic, political, and capital markets conditions and other factors beyond the Company's control, including natural and other disasters or climate change affecting the operations of the Company or its customers and suppliers; (2) the Company's credit ratings and its cost of capital; (3) competitive conditions and customer preferences; (4) foreign currency exchange rates and fluctuations in those rates; (5) the timing and market acceptance of new product offerings; (6) the availability and cost of purchased components, compounds, raw materials and energy (including oil and natural gas and their derivatives) due to shortages, increased demand or supply interruptions (including those caused by natural and other disasters and other events); (7) the impact of acquisitions, strategic alliances, divestitures, and other unusual events resulting from portfolio management actions and other evolving business strategies, and possible organizational restructuring; (8) generating fewer productivity improvements than estimated; (9) unanticipated problems or delays with the phased implementation of a global enterprise resource planning (ERP) system, or security breaches and other disruptions to the Company's information technology infrastructure; (10) financial market risks that may affect the Company's funding obligations under defined benefit pension and postretirement plans; and (11) legal proceedings, including significant developments that could occur in the legal and regulatory proceedings described in the Company's Annual Report on Form 10 - K for the year ended Dec. 31, 2017, and any subsequent quarterly reports on Form 10 - Q (the «Reports»).

Raitt's three - year timeline to fully dispose of older DOT - 111A tankers (and immediate phase - out of 5,000 of the most vulnerable cars) is going to be a difficult one to meet given the existing capacity for suppliers to build new tankers, as well as the desire of oil and gas companies to continue the exponential increases in oil - by - rail shipments into the future.

«They have every single super major engaged in a deep and serious way, principally in deep water and shallow water projects,» he said, adding there have already been two significant finds in shallow water, including one by ENI and another by a consortium of companies including Talos Energy and Premier Oil.

In a troubling sign of escalating tensions, dozens of Chinese ships confronted Vietnamese coast guard boats approaching an oil rig deployed by Chinese offshore oil company CNOOC in waters claimed by both nationIn a troubling sign of escalating tensions, dozens of Chinese ships confronted Vietnamese coast guard boats approaching an oil rig deployed by Chinese offshore oil company CNOOC in waters claimed by both nationin waters claimed by both nations.

Precision shares, though, are off nearly 30 % from their all - time high, as the company's earnings have been hit by weakness in the oil and gas sector, where the majority of the company's non-aerospace sales come from.