While the government hopes to save 18 billion Reais (GBP # 4.1 billion; USD$ 5.5 billion) per year with social security reforms, they have just approved annual tax cuts of 50 billion Reais (GBP # 11.4 billion; USD$ 15.2 billion)
for foreign oil companies willing to explore the pre-salt oil reserve (one of the largest in the world), the benefits of which were to be directed, by law, to public health and education.
More and more Americans are coming around to the fact that Keystone XL, while a great deal
for foreign oil companies, is bad news for the rest of us.
Not exact matches
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»).
For example, Mexico's government recently opened its
oil industry to
foreign companies.
Clearly, the first - order effect of falling
oil prices
for these
companies is lower input costs, with the degree of reduction dependent on both
foreign - exchange effects and the
companies» degree of exposure to
oil prices.
Congress has passed legislation ending an Obama - era regulation that's required
oil and gas
companies to disclose payments to the U.S. or
foreign governments
for commercial development.
The rouble has weakened some 30 percent versus the dollar this year, as Western sanctions over the Ukraine crisis have made it harder
for banks and
companies to refinance
foreign currency debts and as tumbling
oil prices have hurt government revenue.
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.»
ABU DHABI / DUBAI (Reuters)- Abu Dhabi National
Oil Company (Adnoc) has picked a local bank and three
foreign lenders as bookrunners
for the planned initial public offering of its retail unit that could raise $ 1.5 billion to $ 2 billion, sources said on Thursday.
The change is one of many in the North American energy landscape affecting Pemex, which also faces competition in exploration and production as Mexico prepares to allow
foreign oil companies back into the country
for the first time in 75 years.
The President has deliberately refused to institute proper investigation into reports of corruption allegations involving his appointees including the grievous BOST scandal, activities at the National Communication Authority, allegations against his two deputy chiefs of staff, the cash
for seat scandal, inflation of cost, breaching of procurement regulations, illegal
oil deals with
foreign companies, bribes taking at the Presidency, etc..
Mexican president Enrique Peñanieto has semi-privatized the
oil in Mexico, opening the Gulf of Mexico
for foreign companies to explore.
While Canada — Alberta to be specific - continues to lease huge
oil resources to
foreign companies an an unsustainable pace, with no plan
for the future, the Norwegians, at least are showing things can be done differently.
Washington Free Beacon — 27 January 2015
Foreign Firm Funding U.S. Green Groups Tied to State - Owned Russian
Oil Company Executives at a Bermudan firm funneling money to U.S. environmentalists run investment funds with Russian tycoons A shadowy Bermudan company that has funneled tens of millions of dollars to anti-fracking environmentalist groups in the United States is run by executives with deep ties to Russian oil interests and offshore money laundering schemes involving members of President Vladimir Putin's inner circle...... The Sierra Club, the Natural Resource Defense Council, Food and Water Watch, the League of Conservation Voters, and the Center for American Progress were among the recipients of Sea Change's $ 100 million in grants in 2010 and 2011.
Oil Company Executives at a Bermudan firm funneling money to U.S. environmentalists run investment funds with Russian tycoons A shadowy Bermudan company that has funneled tens of millions of dollars to anti-fracking environmentalist groups in the United States is run by executives with deep ties to Russian oil interests and offshore money laundering schemes involving members of President Vladimir Putin's inner circle...... The Sierra Club, the Natural Resource Defense Council, Food and Water Watch, the League of Conservation Voters, and the Center for American Progress were among the recipients of Sea Change's $ 100 million in grants in 2010 and 2
Company Executives at a Bermudan firm funneling money to U.S. environmentalists run investment funds with Russian tycoons A shadowy Bermudan
company that has funneled tens of millions of dollars to anti-fracking environmentalist groups in the United States is run by executives with deep ties to Russian oil interests and offshore money laundering schemes involving members of President Vladimir Putin's inner circle...... The Sierra Club, the Natural Resource Defense Council, Food and Water Watch, the League of Conservation Voters, and the Center for American Progress were among the recipients of Sea Change's $ 100 million in grants in 2010 and 2
company that has funneled tens of millions of dollars to anti-fracking environmentalist groups in the United States is run by executives with deep ties to Russian
oil interests and offshore money laundering schemes involving members of President Vladimir Putin's inner circle...... The Sierra Club, the Natural Resource Defense Council, Food and Water Watch, the League of Conservation Voters, and the Center for American Progress were among the recipients of Sea Change's $ 100 million in grants in 2010 and 2011.
oil interests and offshore money laundering schemes involving members of President Vladimir Putin's inner circle...... The Sierra Club, the Natural Resource Defense Council, Food and Water Watch, the League of Conservation Voters, and the Center
for American Progress were among the recipients of Sea Change's $ 100 million in grants in 2010 and 2011....
According to the Democratic staff letter, the bill would repeal reduced tax rates
for major integrated
oil companies, drop
foreign income tax deductions
for companies that produce
oil and natural gas overseas and drop a tax break
for companies to write off some exploration expenses.
The only people that are working
for foreign interests are the
oil companies, logging
companies and politicians.
I personally would pay more
for a car just to get out from under the
oil companies &
foreign oil dependance... even if the price of gas went back to $ 1.
Now corporations are pushing
for the TTIP to give more «protections» to
oil and gas
companies, which — based on the NAFTA precedent — would allow
foreign companies to circumvent government and court decisions over energy policies, and sue taxpayers over policies that
companies deem inconvenient.
The Alberta government, a one party state
for 41 years, now heavily subsidizes
foreign oil companies to extract bitumen in the
oil sands says a public interest group.
The letter from 14 members of the House of Representatives, led by Rep. Barney Frank (D., Mass.), notes their concern with the SEC in being so far behind in meeting the April 2011 statutory deadline
for releasing final rules governing a program
for oil, gas and mining
companies to have to disclose the payments, at project - level, they make to
foreign governments...
But a closer look at the new realities of the global
oil market and at the
companies who will profit from the pipeline reveals a completely different story: Keystone XL will not lessen U.S. dependence on
foreign oil, but rather transport Canadian
oil to American refineries
for export to overseas markets.
The ongoing representation of a US
oil and gas drilling
company in US and Venezuelan litigations against the Republic of Venezuela and the Venezuelan national
oil company for takings in violation of international law and breaches of contract under the expropriation and commercial activities exceptions of the
Foreign Sovereign Immunities Act.
He has acted
for UK,
foreign oil service
companies and independent E&P
companies, and also has significant expertise in sector - specific intellectual property matters.