Sentences with phrase «failing oil fields»
He said the oil industry has used carbon capture for years to prime failing oil fields.
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«Note, we are going to destroy the ones they have deployed to Escravos, Forcados in Delta State; Bonga oil field, Agbami offshore and Brass in Bayelsa; Bony in Rivers; Qua Iboe Terminal in Akwa Ibom State, and Opuekeba in Ondo State if they fails to remove them before time.
Credit ratings agencies Fitch has said that the grandiose promises of the incoming New Patriotic Party administration could be derailed should growth projections fail and oil production in upcoming oil fields disappoint.
In Midland Resources Holding Limited v. Shtaif, 2017 ONCA 320, the court partially upheld complicated and detailed findings of fraud, unlawful conspiracy, deceit, and breach of fiduciary duty by the shareholders and directors of two failed corporate ventures to develop oil and gas fields in Russia.
The respondents did not allege the directors of Magellan or Koll failed to exercise the requisite care and diligence in discharging their duties by mismanaging those corporations» investments in oil fields, thereby causing financial losses that harmed the respondents as shareholders.