Sentences with phrase «drop in oil revenue»

Not exact matches

In 2015, revenue for the 500 largest global corporations dropped 11.5 % to $ 27.6 trillion, owing to falling oil prices and in part by the surge in value of the U.S. dollar, which has stalled economic growth worldwidIn 2015, revenue for the 500 largest global corporations dropped 11.5 % to $ 27.6 trillion, owing to falling oil prices and in part by the surge in value of the U.S. dollar, which has stalled economic growth worldwidin part by the surge in value of the U.S. dollar, which has stalled economic growth worldwidin value of the U.S. dollar, which has stalled economic growth worldwide.

Notley achieved one of the most surprising electoral wins in Canadian history and one of the most profound for the progressive movement, but it came just as oil was reaching terminal price - drop velocity, shoaling the Alberta revenue tanker.

Ongoing drought, political mismanagement, and a drop - off in oil revenue have driven shortages of essentials like power, water, and medicine.

With the collapse of global oil prices, the largest recyclers like Waste Management have reported sharp drops in recycling revenue and stagnated recycling rates across the country.

A global drop in oil prices has likely diminished Islamic State's export revenues.

The new contracts will come when oil is roughly half that price, a drop in value that could reduce pipeline operating revenue by millions of dollars a day and ruin the pipeline's business strategy.

The drop in the international price of oil exposed a large cleavage in the government's finances as past governments became too comfortable and over reliant on these unstable resource revenues to fund the province's operations budget.

As we saw starting in 2014, when the international price of oil dropped, the much - lauded Alberta Advantage of using unreliable resource revenues to subsidize short - sighted tax cuts quickly became the Alberta Disadvantage.

Since most of these companies book their revenue on volume rather than commodity prices, the drop in oil prices hasn't been catastrophic.

Furthermore, he made a great point that these complicated projects are planned out years ahead, so the revenues in Reservoir Description would not show any decline from the dropoff in Offshore until a few years after the drop in oil prices.

This is particularly deceptive if you look at numbers from the 2008 - 2009 oil price drop, or even the drop - off in revenues 2014 - 2015, because it takes a while for all the pre-existing offshore projects to roll off.

GHANA is set to lose a whopping $ 13billion in oil revenues if the price of the commodity drops and remains below $ 50 for the next two decades, a report by the World Bank Group has revealed.

Recent data released by the National Bureau of Statistics, NBS, had showed that a sharp decline was recorded in revenue accruable to the Federal Government from the petroleum sector, as the country's earnings from crude oil export dropped to N5.271 trillion for the nine month period, January to September 2015.

They have shown understanding of the situation we are, even as we try to mitigate the consequences of the shortfall in revenue occasioned by a drop in the price of crude oil.

On the introduction of the N50 stamp duty charge, Emefiele explained that the decision was taken to support the government in its bid to generate more revenue due to the drop in oil prices, adding that the nation's external reserves currently stood at about $ 28bn.

According to him, if revenue accrued from gold, cocoa, oil and other exports were managed properly, Ghana will not be saddled with huge debts although government has maintained that huge drop in prices of exports products last year has dwindled its revenue.

She blamed it on the decline in oil revenue, which she said accounted for a 50 per cent drop in total federally collectible revenue as well as low revenue receipts from non-oil sources.

Alaska relies on revenue from oil production to fund schools, and the global drop in oil prices has led to a school - funding crisis.

Pason Systems has good reason to maintain its high dividend yield despite continued weakness in oil drilling and its 50 % drop in revenue for the quarter.