Sentences with phrase «company on every crude oil»

Not exact matches

Andurand, who runs oil hedge fund Andurand Capital Management LLP, wrote in a string of tweets on Sunday that companies may be less willing to risk investment in long term oil projects because of low crude barrel prices and a predicted peak in electric vehicle demand.

In the face of low crude oil prices, the company focused on natural gas, which had stronger rates.

The decreases are largely the result of the oil glut and all - time lows for crude prices — last year, mining, oil producers, and metal companies lost a combined $ 70 billion on $ 1.3 trillion in revenue.

Potential U.S. sanctions on sales of light crude to Venezuela's oil company PDVSA would hamper its already weak refining network while leaving at least one tanker in limbo, according to a source from the state - run firm and Thomson Reuters data.

Downstream companies make money on the difference between the price of crude and the price of the refined petroleum extracted from it (a difference known as the «crack spread»), while midstreaming is a volume business (ship more oil, earn more money).

And in 2007, with crude prices on the rise, voracious demand for new shares of PetroChina on the Shanghai Stock Exchange caused the Chinese oil and gas company's market value to briefly top $ 1 trillion.

BP beat analyst expectations on Tuesday, as higher crude prices and rising production levels helped to fast - track a recovery in one of Europe's largest oil and gas companies.

But that volatility, as Ghosh likes to note, is the upside of the integrated nature of the company, which gives it a continued hedge against the differential in world oil prices through its downstream and midstream assets — on the midstream side, Husky operates a 2,000 - kilometre crude - oil pipeline system, and its downstream operations include upgrading and refining crude oil, and marketing gasoline, diesel, jet fuel, asphalt and ethanol in Canada and the United States.

HOUSTON ConocoPhillips, the world's largest independent oil and gas exploration and production company, posted a bigger - than - expected first - quarter profit on Thursday, helped by rising crude prices and cost cuts.

Based on that logic, Enbridge has warned that oil companies could pay as much as $ 315 - million in additional annual tolls by 2013 if Keystone XL is built, and takes away some of the crude that might otherwise flow through the Enbridge system.

ISHARES S&P / TSX CAPPED ENERG Ticker: XEG / TSX Oil companies will likely beat expectations when they announce earnings over the next two weeks based on the recent strength in crude prices and refining margins.

Furthermore, while the company does have another potentially significant growth opportunity on the horizon in its CA$ 20 billion ($ 15 billion) Frontier oil sands mining project, it appears to be a long shot of moving forward considering where crude is these days.

As its name suggests, the oil and gas producer focuses entirely on prospects within the state of California, and the crude oil price declines in 2015 created massive losses for the small exploration and production company.

On the bright side, the companies have started production of ultra-heavy crude oil at their Hangingstone Oil Sands Project in Albeoil at their Hangingstone Oil Sands Project in AlbeOil Sands Project in Alberta

Guidance from pipeline company Enbridge Inc. that it will modestly reallocate some light oil pipeline space on its Mainline for heavy crude and additional rail capacity smoothed the flow of oil, analysts have said.

Tomorrow, Ecuadorian state oil company Petroamazonas will produce the first barrel of commercial crude from the ITT (Ishpingo, Tambococha, Tiputini) fields that lie beneath Yasuní National Park, an area that some scientists have called the most biodiverse rainforest on Earth.

Here it is worth mentioning that when oil companies talk about the price of oil, they are referring to the price quoted on popular futures exchanges — prices which reflect only the price of crude oil itself.

Most of China's crude imports are bought on long - term contracts between China's major oil companies and foreign national oil companies.

Depressed earnings at oil companies should benefit from a rebound in crude oil prices, while slightly higher interest rates can have a positive impact on bank earnings.

KAMPALA, Uganda (AP)-- Uganda's government on Tuesday issued eight oil production licenses to two foreign companies, moving the East African country closer to becoming a producer of crude.

HOUSTON (Reuters)-- Potential U.S. sanctions on sales of light crude to Venezuela's oil company PDVSA would hamper its already weak refining network while leaving at least one tanker in Continue Reading

Oil companies would rather be losing money on the trades and making money selling crude at higher prices, Kilduff said.

Nigeria's state oil company reported a loss in September as persistently weak oil prices hurt Africa's biggest crude producer, a report showed on Monday.

On 3 January, 2013, Shell and its surrogate company lifted crude oil that resulted in the shortfall of 979,031 barrels in the value of $ 107,693,410 On the 14th of December, 2014, Shell also lifted crude oil using the vessel EAGLE TUSCON and shipped same to Shell Deer Park of 5900 Texas 225, Deer Park, TX77536, USA at the port of Houston, Texas, United States of America with Bill of lading number AETK0909US14.

Shell, with its allied company, was also alleged at three different times to have shipped crude on board EAGLE TUSCON, EAGLE SEVILLE, OVERSEAS EVERGLADES, that resulted in the shortfall of 3,697,737 barrels of crude oil.

«To the point where competition among the Oil Marketing Companies remains high, market price for both Brent crude and refined oil dropping in average price terms, added to the appreciation of the Cedi against the U.S. dollar, and increasing national fuel stock; the Institute for Energy Security (IES) believe that there is enough positive momentum and fundamental justification to move the prices of Petrol and Diesel lower on the local market,» IES said in a release signed by Gilbert Richmond Rockson, Principal Research AnalyOil Marketing Companies remains high, market price for both Brent crude and refined oil dropping in average price terms, added to the appreciation of the Cedi against the U.S. dollar, and increasing national fuel stock; the Institute for Energy Security (IES) believe that there is enough positive momentum and fundamental justification to move the prices of Petrol and Diesel lower on the local market,» IES said in a release signed by Gilbert Richmond Rockson, Principal Research Analyoil dropping in average price terms, added to the appreciation of the Cedi against the U.S. dollar, and increasing national fuel stock; the Institute for Energy Security (IES) believe that there is enough positive momentum and fundamental justification to move the prices of Petrol and Diesel lower on the local market,» IES said in a release signed by Gilbert Richmond Rockson, Principal Research Analyst.

He said instead of putting more burden on the people, the APC government should come out clear on the «sleaze in the oil sector» under its watch, particularly the «shady oil subsidy payouts and illegal lifting of N1.1 trn worth of crude, using unregistered companies.»

A Canadian National Railway Co train carrying crude oil that derailed near the northern Ontario community of Gogama early on Saturday is still on fire, the company said late on Sunday

A company said on Monday it has shut the 42,000 barrel per day Poplar pipeline system after a weekend breach that sent as much as 1,200 barrels of crude oil into the River near Glendive, Montana

TORONTO, March 8 (Reuters)- A Canadian National Railway Co train carrying crude oil that derailed near the northern Ontario community of Gogama early on Saturday is still on fire, the company said late on Sunday.

«All options are on the table when it comes to improving the safe transportation of crude oil, and today's actions, the latest in a series that make up an expansive strategy, will ensure that communities are more informed and that companies are using the strongest possible tank cars.»

This comprehensive approach includes immediate and long - term steps such as: launching «Operation Classification» in the Bakken region to verify that crude oil is being properly classified; issuing safety advisories, alerts, emergency orders and regulatory updates; conducting special inspections; moving forward with a rulemaking to enhance tank car standards; and reaching agreement with railroad companies on a series of immediate voluntary actions they can take by reducing speeds, increasing inspections, using new brake technology and investing in first responder training.

On July 6, 2013, a catastrophic railroad accident involving a U.S. railroad company occurred in Lac - Mégantic, Quebec, Canada, when an unattended freight train transporting petroleum crude oil rolled down a descending grade and subsequently derailed.

Horizons HEE will invest primarily in a portfolio of equity and equity related securities of Canadian companies that are primarily involved in the crude oil and natural gas industry and that, as at the Constituent Reset Date, are amongst the largest and most liquid issuers on the TSX in their sector.

In other odd parings our crude oil short PowerShares DB Crude Oil Dble Short (DTO) was down 9.27 % as oil continued up on global economic strength while ETRACS 1xMonthly Short Alerian MLP (MLPS) which shorts companies that move energy around the country was up 4crude oil short PowerShares DB Crude Oil Dble Short (DTO) was down 9.27 % as oil continued up on global economic strength while ETRACS 1xMonthly Short Alerian MLP (MLPS) which shorts companies that move energy around the country was up 4.8oil short PowerShares DB Crude Oil Dble Short (DTO) was down 9.27 % as oil continued up on global economic strength while ETRACS 1xMonthly Short Alerian MLP (MLPS) which shorts companies that move energy around the country was up 4Crude Oil Dble Short (DTO) was down 9.27 % as oil continued up on global economic strength while ETRACS 1xMonthly Short Alerian MLP (MLPS) which shorts companies that move energy around the country was up 4.8Oil Dble Short (DTO) was down 9.27 % as oil continued up on global economic strength while ETRACS 1xMonthly Short Alerian MLP (MLPS) which shorts companies that move energy around the country was up 4.8oil continued up on global economic strength while ETRACS 1xMonthly Short Alerian MLP (MLPS) which shorts companies that move energy around the country was up 4.8 %.

A 52 - feet section of Exxon Mobil Corp's damaged Arkansas crude oil pipeline will be cut and removed on Monday, the company said.

Some energy companies with a focus on exploration and production are advocating for a repeal of a ban on the export of some domestically - produced crude oil.

Progress continues on the previously announced front - end engineering and design (FEED) study at Marathon's Detroit refinery where the Company expects to increase the crude unit capacity to approximately 115,000 bpd, and construct a 28,000 bpd heavy oil coker and other associated process units.

But companies do not pay a royalty on the global price of oil but on bitumen, a viscous crude, based on a valuation system developed by the Canadian Association of Petroleum Producers.

State oil companies are even forbidden to pass on the rising crude oil costs to fuel consumers.

The gut - check issue for McKibben and his supporters — thousands of whom turned out for a mass demonstration in Washington, D.C., on Feb. 17 — is the Keystone XL pipeline, a 3,400 - mile pipe proposed by oil infrastructure company TransCanada that will allow crude oil extracted from the tar sands of Alberta, in southern Canada, to be refined on the Gulf of Mexico.

In one instance, our firm secured a $ 250,000 settlement on behalf of a pipeline company client in a case where landowner negligence caused a crude oil pipeline to rupture.