Sentences with phrase «by the oil companies for»

Water also comes to the surface during oil drilling, but it is unclear how much of that «produced water» is reused by the oil companies for new production because there are currently no reporting requirements, something the bill seeks to address.

Not exact matches

CNOOC underestimated the political debate it would provoke by bidding for an underperforming and reasonably small U.S. oil company; its inexperience effectively handed the contest to a competing bid from U.S. oil giant Chevron.

The issue is particularly sensitive for Saudi Arabia, which is transforming its economy ahead of an expected initial public offering by state - owned oil company Saudi Aramco.

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.

Perth - based data management company Tape Ark has completed a world first for the oil and gas exploration industry by demonstrating real - time seismic data acquisition using cloud storage rather than traditional tapes.

• Engineering for the Petroleum & Process Industries, Egypt's state - owned oil company, has picked a consortium led by CI Capital as lead managers and bookrunners for an IPO that could raise about $ 150 million, Bloomberg reports.

• Neptune Energy Group, which is backed by Carlyle Group and CVC Capital Partners, agreed to acquire ENGIE E&P International, a Paris - based oil and gas exploration company, for $ 3.9 billion.

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.

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.

Notably, Iraqi compliance would have been challenging regardless, given its limited ability to shut down northern production and the financial penalties levied for restricting output from southern fields operated by international oil companies, her team added.

Prior shareholder letters insisted the proposals were misguided or ignored the company's efforts to spell out its position that even a world intent on limiting temperature rises would still need more oil — a position shared by bodies such as the International Energy Agency, which sees oil demand rising for some years to come yet.

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.

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.

Meanwhile, buoyed by many of the same forces driving most commodities (not to mention insatiable demand for energy), Canadian oil companies, including Imperial Oil, Husky Energy and Canadian Oil Sands, also reported strong — albeit less historic — earninoil companies, including Imperial Oil, Husky Energy and Canadian Oil Sands, also reported strong — albeit less historic — earninOil, Husky Energy and Canadian Oil Sands, also reported strong — albeit less historic — earninOil Sands, also reported strong — albeit less historic — earnings.

The NOCs are being approached by lawyers and investment bankers not just from Calgary but from Houston and Melbourne too, seeking patient capital for long - timeline projects while equity prices for energy companies have been steadily sinking on stock markets despite the high price of oil.

The world's largest oil company by market value had cut even cut its capital budget for the quarter by 38 %, but it wasn't enough.

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.

Problems with engine turbine blades wearing out sooner than expected have hampered a restructuring programme prompted by the engineering company's declining older engine programmes and plunging demand for oil equipment.

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.

Exxon has argued against all the other shareholder proposals as well, including a «policy to explicitly prohibit discrimination based on sexual orientation and gender identity»; a policy articulating Exxon's «respect for and commitment to the human right to water»; «a report discussing possible long term risks to the company's finances and operations posed by the environmental, social and economic challenges associated with the oil sands»; a report of «known and potential environmental impacts» and «policy options» to address the impacts of the company's «fracturing operations»; a report of recommendations on how Exxon can become an «environmentally sustainable energy company»; and adoption of «quantitative goals... for reducing total greenhouse gas emissions.»

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.

A similar bid by Chinese national oil company CNOOC in 2012 for Canadian oilsands company Nexen was successful but was controversial.

The current $ 2.2 - billion bid by Chinese state - owned Sinopec for Calgary's Daylight Energy marks the first time a Chinese company has attempted a 100 % takeover of a Canadian oil and gas producer.

And it's not just America's oil companies that are at risk here and asking for some common sense to be injected into this process, contrary to the narrative being spun up by House and Senate Democrats.

The extraordinary cost reductions achieved by North American oil and gas companies have likely reached their limit, and any boost in profitability for much of the U.S. shale and Canadian oil sands industries will have to come from higher oil prices, according to a new report from Moody's Investors Service.

Under the new guidelines, the acquisition of oil sands companies by foreign state - owned enterprises will only be found to constitute a new benefit for Canada in «exceptional circumstances.»

British Columbia taxpayers are now subsidizing massive water allocations, road construction and basic scientific research for uneconomic shale gas development by multinational and Chinese national oil companies.

For instance, the criminal case against former minister of economic development Aleksey Ulyukayev — initiated in 2016 by Igor Sechin, head of the state - owned oil company Rosneft — was evidently part of Sechin's struggle against Prime Minister Dmitriy Medvedev's government over power and resources.

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.

Oil companies operating in Mexico's deep waters must use national suppliers for 8 percent of the projects by 2025, the government said on Tuesday, a relatively low rate meant to Continue Reading

Darin Kingston of d.light, whose profitable solar - powered LED lanterns simultaneously address poverty, education, air pollution / toxic fumes / health risks, energy savings, carbon footprint, and more Janine Benyus, biomimicry pioneer who finds models in the natural world for everything from extracting water from fog (as a desert beetle does) to construction materials (spider silk) to designing flood - resistant buildings by studying anthills in India's monsoon climate, and shows what's possible when you invite the planet to join your design thinking team Dean Cycon, whose coffee company has not only exclusively sold organic fairly traded gourmet coffee and cocoa beans since its founding in 1993, but has funded dozens of village - led community development projects in the lands where he sources his beans John Kremer, whose concept of exponential growth through «biological marketing,» just as a single kernel of corn grows into a plant bearing thousands of new kernels, could completely change your business strategy Amory Lovins of the Rocky Mountain Institute, who built a near - net - zero - energy luxury home back in 1983, and has developed a scientific, economically viable plan to get the entire economy off oil, coal, and nuclear and onto renewables — while keeping and even improving our high standard of living

In the case of an oil spill cleanup, the costs are likely to be directly incurred by an insurance company, but the premiums paid for that insurance come at the expense of the value of the oil transportation service — the higher the expected clean - up costs from oil spills, the higher insurance premiums will be, and this will mean higher pipeline tolls, which in turn implies lower profits, taxes, and royalties on the products shipped.

The powers conveyed by Bill 12 are much broader than that: since these proposed licenses could be instituted such that they are only required by certain firms, the Minister could stipulate that a particular oil company was no longer able to export crude - by - rail (the method of export) to BC (the point of export), for example.

Conservative foundations, multinational oil companies and a prescription drug maker were the most frequent sponsors of more than 100 expense - paid educational seminars attended by federal judges over a 4 1/2 - year period, according to a Center for Public Integrity investigation.

The Wyden - Gregg bill from 2010 does not repeal LIFO, though it does propose a one - time adjustment for large oil companies which reduces the benefit of LIFO by re-valuing their inventory.

For example, every $ 0.10 per pound the price of copper changes, it impacts the company's operating cash flow by $ 400 million, while every $ 5 per barrel the price of oil changes impacts cash flow by $ 170 million.

«In the future, companies may try to get around the environmental approval process by seeking approval to build a natural gas pipeline, then converting it into a pipeline for transporting heavy oil.

Thursday's fire overshadowed the company's financial results, which were less affected by large discounts for Canadian heavy oil than other domestic producers.

Alberta farmers have difficulties getting their products to market by rail, and now without pipeline construct will continue to compete with oil and gas companies for rail transportation.

Given my outlook for stabilization in oil prices by year's end, global integrated oil companies seem like a good long - term value.

B.C. taxpayers can't afford these sorts of sweetheart deals in a time of austerity, especially when the Minister of the Environment admitted that the fees paid by Nestle and oil and gas companies likely wouldn't even pay the government's bill for administration related to the legal changes.

In addition, the oil operators have benefited from a long period of deflation by the oil service providers — overcapacity in the oil service companies led to falling prices and margins for these companies.

Why are people willing to pay 21x earnings for Coca - Cola when it is expected to grow at 8 - 10 % over the next five years, while they are only willing to pay 9x earnings for an oil company like Chevron that is also expected to grow by 8 - 10 % over the next ten years?

Boehner is manipulative and a hypocrite — actually helping the oil companies by handing out their campaign checks for them right there on the house floor (you couldn't make this up) before a related vote.

Most of us do not trust the scientists employed by the cigarette companies to tell us truthfully about the consequences of smoking for health, nor the scientists who work for oil companies to give us accurate information about global warming.

In the same way that the energy industry today is mistakenly identified with «Big Oil» (Exxon, Chevron, et al.), when it is in fact conducted predominantly by smaller independent companies most readers will have never heard of, modern capitalism is not largely the purview of Apple and Walmart, but rather of small, privately owned businesses with less than one hundred employees providing services or products the public wants or needs in order to support the families of the owners and provide jobs for their workers.

The Sustainable Palm Oil Sourcing Guidelines aim to assist companies in designing their own policies for sourcing palm oil more sustainably, and were developed by CGF retailer and... Read more&raqOil Sourcing Guidelines aim to assist companies in designing their own policies for sourcing palm oil more sustainably, and were developed by CGF retailer and... Read more&raqoil more sustainably, and were developed by CGF retailer and... Read more»

The ten companies officially joined the Southeast Asia Alliance for Sustainable Palm Oil (SASPO), a business initiative led by the World Wide Fund for Nature Singapore aiming to lower barriers to sustainable sourcing policies.

Founded in the UK by Dr Richard Seligman in 1910 as the Aluminium Plant & Vessel Company, APV initially manufactured welded vessels for the brewery and vegetable oil industries and has pioneered ground - breaking technologies during the course of a century, setting standards of the modern processing industry.