Sentences with phrase «by oil major»

This is one of the earliest examples of carbon accounting by an oil major, and consistent with Richard Heede's «Carbon Majors» methodology of tracing carbon responsibility back to the producers.

Similar documents by ExxonMobil, oil trade associations, and utility companies have emerged in recent years, though this Shell document is a rare, early, and concrete accounting of climate responsibility by an oil major.

In 2016, the Organization of Petroleum Exporting Countries, headed by Oil Major Saudi Arabia, made an agreement between its members and a number of non-member countries to cut their oil production and reduce the global glut that had pushed prices so low.

Many are still branded by the oil majors, but they own less than 0.3 % of them.

Not exact matches

SINGAPORE, May 2 - Oil prices were stable on Wednesday, supported by concerns that the United States may re-impose sanctions on major exporter Iran, although soaring U.S. supplies capped gains.

The oil price has risen by 15 percent in the last four weeks thanks to expectations that the United States will reimpose sanctions on Iran, a major oil...

SINGAPORE, May 2 - Oil prices firmed slightly on Wednesday, supported by concerns that the United States may reimpose sanctions on major exporter Iran, although soaring U.S. supplies capped gains.

SINGAPORE, May 2 - Oil prices rose on Wednesday, lifted by concerns that the United States may re-impose sanctions on major exporter Iran, although soaring U.S. supplies capped gains.

CALGARY, Alberta, May 2 - Suncor Energy Inc said on Wednesday that its current growth plan is not constrained by pipeline bottlenecks and it does not expect to make any further major investments in Canada's oil sands until market access improves.

LONDON, May 2 - Oil recovered some ground on Wednesday after the previous day's slide, helped by concerns about possible renewed U.S. sanctions on major exporter Iran although price gains were capped by rising U.S. supply.

The oil price has risen by 15 percent in the last four weeks thanks to expectations that the United States will re-impose sanctions against Iran, a major oil producer and member of the Organization of the...

The world's major producers have made a concerted effort to slow the advance of American oil production by increasing the supply and therefore reducing the price.

The oil price has risen by 15 percent in the last four weeks thanks to expectations that the United States will re-impose sanctions against Iran, a major oil producer and member of the Organization of the Petroleum Exporting Countries (OPEC).

Perth oil and gas explorer Antares Energy has responded vigorously to claims by one of its major shareholders that it lacked transparency around a major deal and the disclosure of directors» interests.

SINGAPORE, May 2 (Reuters)- Oil prices were stable on Wednesday, supported by concerns that the United States may re-impose sanctions on major exporter Iran, although soaring U.S. supplies capped gains.

That could cut off a major supply of oil while potentially handing the region's balance of power to Iran, which could end up in control of the routes used by 40 % of the world's seaborne oil.

Its study, Mining and Heavy Industry Construction in Australia 2002 - 2017, released earlier this year, says that the upswing would be initially driven by major oil and gas projects, and would broaden across most mineral sectors by mid-decade.

A major new international energy player is coming to Perth following the $ 18.5 million acquisition of Aberdeen - based IGL Oil & Gas Consultants by Finnish global consulting and engineering group, Poyry.

«It's just a matter of time before you're going to see policies implemented by major consuming countries to deal with the oil situation.

«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.

CALGARY, Alberta, May 2 (Reuters)- Suncor Energy Inc said on Wednesday that its current growth plan is not constrained by pipeline bottlenecks and it does not expect to make any further major investments in Canada's oil sands until market access improves.

Output from major shale oil regions will grow by 131,000 barrels a day in April, the Department of Energy predicts.»

When asked about contagion effects from the decline in oil prices, Yellen said that «leverage in the financial system in general is way down» from levels before the crisis, and said it isn't a «major» concern that some entities would be effected by the decline in oil prices.

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.

SINGAPORE, May 2 (Reuters)- Oil prices rose on Wednesday, pushd up by concerns that the United States may reimpose sanctions on major exporter Iran, although soaring U.S. supplies capped gains.

Although the oil and gas industry is a major target of Western sanctions, financial strains have been partially alleviated by reducing capital expenditure and rouble devaluation, which cut operating costs by around 30 %.

The oil majors always shoot themselves in the foot by laying off hundreds if not thousands of people In leaner times.

DUBAI Royal Dutch Shell is fully committed to its gas joint venture in Iraq, after the energy major exited its oil assets in the OPEC country, and plans to boost its gas output there to 1.4 billion cubic feet (bcf) a day by 2020, a senior executive said.

Not only are oil producers trying to back out from Alberta Clipper, but Enbridge itself has battled an effort by TransCanada Corp. to build another major pipeline, called Keystone XL, to export crude to the U.S..

Corpus Christi, a major refining and oil import / export center that was slammed by the hurricane, is starting to bounce back.

The acquisition is part of a plan to create an oil major that was first outlined by Finance Minister Arun Jaitley while presenting the federal budget in February last year.

Over a year which has seen large banks halt funding for fossil fuel projects, major institutions divest from oil, gas and coal holdings, and oil companies snap up power and renewables companies in a bid to diversify their asset base, research published today by the UK Sustainable Investment and Finance Association (UKSIF) and the Climate Change Collaboration suggests nervousness over climate risk has shot up in financial circles.

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 providers.

When Major General Manuel Quevedo became head of Venezuela's oil industry last November, the former housing minister and national guard chief promised to boost oil output by a million barrels Continue Reading

In particular, the long - term challenges posed by transnational terrorism, by Iran's pursuit of nuclear weapons, and by threats to Israel's security will require strong U.S. security commitments in the Middle East regardless of whether oil is also a major regional concern.»

He works to reduce tropical deforestation, notably in Southeast Asia, associated with the production of agricultural commodities (like palm oil, soy, beef and leather) used in products sold by major private sector retailers and brands.

This significant downward revision to growth in 2013 will have a major impact on government revenues, which will be only worsened by the fall in oil and gas prices over the last 12 months.

Political demonstrations in Venezuela, a major oil producer, have led to fears of possible supply disruptions, while OPEC reduced official output quotas by 1 million barrels per day from the beginning of April.

HONG KONG (AP)-- Share prices sank in early trading Monday after an effort by major oil producing nations to agree on production cuts failed over the weekend.

During a major industry gathering in Houston this week Ali al - Naimi, Saudi Arabia's oil minister, ruled out the possibility of cutting output, damping hopes of more aggressive action to curb a glut estimated by some traders to be as large as 2m b / d.

COVER STORY: INFRASTRUCTURE INVESTMENT SUSTAINS GROWTH By Gordon Platt High oil prices are keeping government spending flowing strongly into major projects, while debt - laden Dubai has taken a turn for the better.

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.

The opinion columns are all yapping about the destruction of lifestyles as we know it — and the major problems that the NDP will inflict on all of us by simply giving school lunches to kids or perhaps increasing the rent on the oil and gas resources.

Market participants continued to weigh the supply - side impact of production cuts by the Organization of the Petroleum Exporting Countries (OPEC) and other major oil producers in late 2016 and, on the other hand, the ability of the US shale oil industry to maintain output in the face of lower prices.

While oil majors are already cutting back on exploration activities in Nigeria, the decision by Shell indicated that keeping a large part of its oil and gas reserves in the ground would be risky.

Though recent rumours have abounded about a potential production freeze by Russia, Saudi Arabia and other major producers, it has so far failed to materialize or have long - term effects on oil prices.

After years of declining output, major oil companies have ramped up crude production this year, just as they are being battered by a plunge in prices due to already excessive supplies.

Saudi Arabia's energy minister, Khalid al - Falih, also re-invigorated the market on Monday saying he was optimistic that major oil producers will agree to cut production by November, and that $ 60 - a-barrel prices were not out of the question.

But in a major shift away from the previous Saudi - led policy of maintaining production to squeeze high - cost US shale - oil producers, OPEC countries agreed to target a lower level of 32.5 — 33.0 million barrels a day, although there was some skepticism about the absence of details on which members would curb output and by how much, which were delayed until the next meeting in November.

CORPORATE FINANCING NEWS By Gordon Platt From a supergiant oil field in Kazakhstan to the world's largest producer of potash fertilizer in Russia to an African iron mine, China has scooped up stakes in major resource and agricultural companies in...