Sentences with phrase «for oil firm»

Not exact matches

Unfortunately, the two firms have yet to do a simulation of how the situation with Keystone XL and Northern Gateway will turn out, though Deloitte's oil and gas consulting lead, Geoffrey Cann, agreed game theory «is tailor - made for it.»

• Blue Water Energy, an Atlanta - based private equity firm, raised $ 1.1 billion for a fund to invest in oil and gas.

Vietnamese Prime Minister Nguyen Xuan Phuc has given the go - ahead for the two facilities in the province of Dong Nai, state oil firm...

It is redesigning its deepwater oil platforms and onshore shale - gas projects to simplify them, a major cultural change at a firm that has long prided itself more for engineering prowess than for economic discipline.

For this reason, Grantham's firm has aggressively purchased and hopes to profit from oil futures contracts.

While E&P and service companies benefit from rising prices, the same can't always be said for «downstream» businesses (think refiners and gas station operators) or «midstream» firms that transport oil.

• Paramount Resources (TSX: POU) will buy the Canadian subsidiary of U.S. oil and gas firm Apache Corp (NYSE: APA) for C$ 459.5 million ($ 353.7 million USD), according to Reuters.

Europe's largest oil firm Royal Dutch Shell has beaten analyst expectations, reporting profits for its second quarter that are three times larger than this time last year.

On the other hand, if the province decided not to become involved in the firm shipping market, they would distort the signals received by the regulators in terms of the demand for shipping services, leaving the system short of capacity and lowering the value of Canadian oil in the process.

She likes IHS Markit (info), a London - based firm that provides business services to the energy industry, among others, and which is poised for a boost in business from oil and gas clients emerging from their slump.

I expect, however, that there will be three first - order effects that will be very similar to those that followed the BP spill: 1) increased public consciousness of the dangers inherent in transporting oil and oil products and more aversion to having these products moved nearby; 2) increased calls for alternatives to oil rather than alternative means of transporting oil; and 3) decreased trust in regulators» and firms» abilities to sufficiently mitigate risks from transporting oil.

U.S. drillers added five oil rigs looking for new production in the week to April 27, according to energy services firm Baker Hughes, bringing the total count to a March 2015 high of 825.

The Company recently executed a firm, long - term sales agreement beginning in June 2018 that provides takeaway capacity for the majority of its 2018 and 2019 Delaware basin oil production and diversifies price exposure towards a Brent - based index.

The firm even built its own oil barrels and employed scientists to find new uses for petroleum by - products.

In May 2018, the Company successfully executed a firm sales agreement beginning in June for a significant portion of its Delaware Basin oil production with the marketing division of a large international energy company.

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.

Given that the economic benefits of the pipelines are, for the most part, due to an induced increase in the price of oil, the lion's share of these accrue to the Alberta government and to firms operating in Alberta.

Oil and gas firm Coretrack has signed a licence agreement with Specialised Oilfield Services for its core level recorder system technology, which will give SOS exclusive rights to develop, operate, manufacture and sub-license the technology.

«Particularly with oil prices hitting lows at some point in the first quarter... lots of sub investment - grade firms could be under a lot of stress, and for those with stronger balance sheets, those companies could take this as an opportunity to buy and acquire assets,» Deshpande said in a phone interview.

U.S. drillers added five oil rigs drilling for new production in the week ending April 20, bringing the total count to 820, the highest since March, 2015, according to General Electric's Baker Hughes energy services firm.

Miro Advisors has been selected by oil and gas explorer New Standard Energy to manage the farm - out of its Western Australian exploration acreage, continuing four years of rapid growth for the Perth advisory firm, as detailed in this week's edition of Business News.

HOUSTON / CARACAS, April 23 - Two Chevron Corp. employees detained in Venezuela last week could be charged with treason for refusing to sign a parts contract for a joint venture with state - owned oil company PDVSA, according to two sources familiar with draft charges against the U.S. firm's executives.

The oil and gas industry is losing the competition for talent recruitment to industries that are more appealing to Millennials, and U.S. oil and gas firms will face the talent crunch first, according to Accenture.

Foreign firms have pushed for a greater say in procurement to combat inefficiencies and graft, oil industry sources said, but disputes over governance standards have caused operational delays, raising tensions over Venezuela's falling oil output.

Two Chevron employees detained in Venezuela last week could be charged with treason for refusing to sign a parts contract for a joint venture with state - owned oil company PDVSA, according to two sources familiar with draft charges against the U.S. firm's executives.

Ahern earned an electrical engineering degree from University of Vermont and with help from an unnamed angel investor who «bet on people heading in the right direction» started a company in 2002 — Industrial Defender, a cybersecurity firm that protects industrial control systems for the electrical grid, oil and gas, and chemical companies — which Lockheed Martin acquired in 2014.

This suggests oil must repeatedly hit new highs for the price to act as a firm ceiling on economic growth.

Seadrill was forced to seek bankruptcy court protection from creditors after a sharp drop in oil prices in 2014 cut oil firms» appetite for exploration, pushing rates for rigs down and leaving many idle.

Publicly traded oil companies have lost billions in market value, and both public and private firms are moving aggressively to cut capital spending budgets for 2015 — laying off thousands of workers and shutting down hundreds of rigs.

U.S. energy companies added 12 oil rigs drilling for new production last week, taking the total to 759, General Electric Baker Hughes energy services firm said on Friday.

The Chinese firm's demand for May - loading crude will be lower than the previous month due to refinery maintenance and as one of China's largest oil ports, Huangdao, could be shut for days from early June to accommodate a government meeting, a second company source said.

The actor and former governor of California said in a Politico - sponsored podcast at the SXSW festival in Austin that he is in talks with law firms about possibly suing global oil companies «for knowingly killing people all over the world.»

Lower oil prices reduce energy bills for both households and firms.

Binns said potential buyers could include small airlines or other firms that ship cargo to remote areas for oil, gas or mining companies, or those companies themselves.

Lockheed Martin Corp. on Tuesday named a private firm, Hybrid Enterprises LLC, as the exclusive sales agent for its Hybrid Airships, a new type of aircraft that company officials say could revolutionize the way oil and mining companies haul equipment to the Arctic and other remote areas without roads.

«For the largest, most complicated capital projects in oil, gas, mining, and infrastructure, it's really Bechtel and Fluor,» says Yuri Lynk, an analyst with Canadian capital markets firm Canaccord Genuity.

«With oil nearing $ 100 per barrel and gasoline prices continuing to rise, consumers» consideration for fuel economy once again is taking top billing,» Ken Czubay, a Ford vice president, said in a statement accompanying the firm's sales figures Tuesday.

If capital continues to flow to unconventional oil companies and OPEC's resolve stays firm, oil prices could average near the present range for many years.

HOUSTON, April 25 An international arbitration court has ordered Venezuela's state - run oil company PDVSA to pay ConocoPhillips $ 2.04 billion for early dissolution of two joint ventures for producing oil in the OPEC - member country, the U.S. firm said on Wednesday.

Seven Lakes Technologies is a vertically focused analytics & technology solutions firm offering products and services for the Upstream (E&P) Oil and Gas sector.

Seven Lakes Technologies is a vertically focused analytics & technology solutions firm offering products and services for the Upstream (E&P) Oil and Gas sector; focused on improving business drivers and enhancing execution of customer business strategies.

(Reuters)- Canadian oil producer Paramount Resources Ltd (POU.TO) said on Thursday that it would buy the Canadian subsidiary of U.S. oil and gas firm Apache Corp (APA.N) for C$ 459.5 million ($ 353.7 million USD).

He tapped soldiers for top roles, giving the oil firm the atmosphere of a «barrack,» two company sources said.

Looking ahead into 2018, I am keeping a close eye on the energy sector, where the ability of US exploration and production (E&P) companies to grow oil production — at half the price of oil from just a few years ago — remains a competitive advantage for these firms.

The recent oil shale boom was powered mostly by small firms because larger multinationals like Exxon and BP are structured for big payoff, technically - difficult projects like deep water drilling and Arctic exploration.

Currently, based on discussions I've had over the past couple of weeks, many firms are still revising their longer - term expectations for oil prices.

London's FTSE with its large number of global miners and oil firms, was down for its 10th straight day, its worst run since 2003.

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.

But a majority of Americans, Republican lawmakers and construction union members welcomed the prospect of boosting reliance on a firm U.S. ally for new supplies of the heavy crude, which would be shipped by a pipeline built largely in this country and processed at Gulf Coast refineries uniquely capable of dealing with the low - grade oil.

Offshore oil services firm Subsea 7 said on April 23 that it had made an unsolicited offer for U.S. rival McDermott International for $ 2 billion, potentially breaking up the U.S. company's agreed deal with Chicago Bridge & Iron (CB&I).