Sentences with phrase «for oil majors»

-- Petrol stations under the majors were a v different retail / margin / return proposition — a focus on improving margins / return via food & beverage and convenience retailing is becoming far more obvious now, but it was always going to be difficult for the oil majors to re-imagine themselves as «retailers who also sell fuel».

The first quarter of 2018 was the best one in years for the oil majors.

The region's growing receptiveness to foreign investment in its energy assets could be a dream come true for oil majors.

The problem is that the right path forward for the oil majors is less clear than ever before.

Chevron (CVX)- My original cost basis for the oil major was around $ 120 a share and it is currently trading below that at $ 117.

Not exact matches

Iran re-emerged as a major oil exporter in January 2016 when international sanctions against Tehran were lifted in return for curbs on Iran's nuclear programme.

Oil prices, a major cost for airlines, are «stable» for now, Tan said.

Can Canada's manufacturing sector once again generate major growth for the economy as it did in the decades before oil and other commodity prices surged to record highs?

Iran, a member of the Organization of the Petroleum Exporting Countries, re-emerged as a major oil exporter in January 2016 when some international sanctions against Tehran were lifted in return for curbs on Iran's nuclear program.

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.

Wall Street has fallen as healthcare stocks slid and investors worried about rising costs for companies as oil prices rose, although the major indexes eked out a gain in April to snap a two - month losing streak.

Major energy companies are called «Big Oil» for a reason, as the vast majority of their profits comes from the upstream divisions, which explore and produce oOil» for a reason, as the vast majority of their profits comes from the upstream divisions, which explore and produce oiloil.

Exxon Mobil (xom), for example, is a major oil producer, but experts expect its downstream businesses to drag down its growth relative to pure E&P companies.

Oil major Royal Dutch Shell posted fourth - quarter earnings of $ 1.0 billion, compared with $ 1.8 billion for the same quarter a year ago.

PARIS, April 26 (Reuters)- Record output and high oil prices helped French oil and gas major Total report a consensus - beating rise in net adjusted profit during the first three months of the year, with Total adding it would surpass its production target for 2018.

Mosul, one of the two captured cities, lies in an area that is a major gateway for Iraqi oil.

AZERBAIJAN: Azerbaijan's major oil reserves and decade - long economic boom make it an attractive potential partner for the EU, which needs to diversify its energy sources away from a heavy dependence on Russian gas.

Additionally, prices for its major commodity exports - crude oil and palm oil - have dropped sharply and its currency, the ringgit, is trading close to its lowest levels since the Asian financial crisis of the late 1990s.

GR Engineering Services» oil and gas services business has won a second major contract in as many days, with Origin Energy signing the subsidiary on for a $ 50 million job.

«The summer should be hot for US equity and oil volatilities, as vulnerable positioning and geopolitical risks are major looming threats,» he said in a note on Friday.

The speech to the «Oil and Money» conference in London presents an overall vision for transforming Canada from a continental energy player to a global energy powerhouse, a vision that includes improved trade relations with Asia and a major expansion of infrastructure — pipelines, in other words — to get Alberta oil to far - flung markeOil and Money» conference in London presents an overall vision for transforming Canada from a continental energy player to a global energy powerhouse, a vision that includes improved trade relations with Asia and a major expansion of infrastructure — pipelines, in other words — to get Alberta oil to far - flung markeoil to far - flung markets.

The steep drop in the price of oil in the last month has become a major concern for traders.

The arrests come at a crucial time for Saudi Arabia as it tries to diversify its investments away from oil and rebrand itself as the next major tech player.

It's even what the oil companies want, for heaven's sake: Sustainable Prosperity, an Ottawa - based think - tank, recently surveyed 10 major energy companies, including Shell and Suncor, and found all of them were already incorporating a «shadow carbon price» into their decision - making, under the assumption they will contend with such regimes in the near future.

The move to 100 % of the Montney project is a major coup for Calima that will be sure to raise its profile with the oil and gas heavyweights of North America who are eager to get a share of the action in the liquids - rich basin.

Prices for major commodity exports crude oil and palm oil have dropped sharply and its currency, the ringgit, is trading close to its lowest levels since the Asian financial crisis in the late 1990s.

For more than a decade, the threat of terrorism has contributed to rising oil prices, global instability and insecurity in major financial centres — in other words, it's been a major drag on business.

The costs of the discount are increasing as delays continue for all three major proposed oil pipelines to export more oil from Western Canada, including Kinder Morgan's Trans Mountain expansion, Enbridge's Line 3 replacement, and TransCanada's Keystone XL.

Iran, a member of the Organization of the Petroleum Exporting Countries (OPEC), re-emerged as a major oil exporter in January, 2016 when international sanctions against Tehran were lifted in return for curbs on Iran's nuclear programme.

Riley was working in Houston for a major oil and gas company, putting in 10 - hour days and a three - hour commute, which kept her from spending time with her young son.

Representing one of its first major overseas acquisitions, the company's wholly - owned subsidiary, Woodside Energy (USA) Inc. reached agreement with the Marathon Oil Company — part of the USX - Marathon Group which is a unit of the USX Corporation in Pittsburgh — for the acquisition of interests in a number of deep water exploration acreage blocks in the Gulf.

There is no major loss of jobs or of a headquarters at stake, and the need for capital to develop oil and gas properties should trump other considerations.

While the dive in oil prices has been a major drag on financial markets, the 55 percent slide in crude oil prices since June is good news for some.

THE new millennium could mark major hydrocarbon developments for Chevron Australia Pty Limited, a wholly - owned subsidiary of US oil and gas giant Chevron Corporation.

And as I shared with you last month, major explorers and producers's profits are now in line with what they were when oil was trading for $ 100 a barrel and more.

Wellsite, a professional network and collaboration platform for the upstream oil and gas industry, today announced a major blockchain initiative for its flagship platform, Wellsite.com, with the launch of a token sale for its cryptocurrency designed for the oilfield services market, Crudecoin.

Libya and its growing crude oil output became a major worry for OPEC in the last few months when attacks on fields and pipelines largely subsided, allowing the country holding Africa's biggest oil reserves to recover its production to over 1 million barrels.

1) China's emergence as a dominant player in the low - carbon market, 2) global oil majors» shift to renewable energy, 3) big corporate brands moving to 100 % renewable power, 4) the rise of electric vehicles and expiration dates for gas - fuelled cars, and 5) energy getting smarter through digitization.

For pipeline companies with major proposals on the table, such as TransCanada and Enbridge, falling oil prices are a game changer of the same magnitude that rising prices were a decade ago.

NEW YORK (Reuters)- Wall Street fell on Monday as healthcare stocks slid and investors worried about rising costs for companies as oil prices rose, although the major indexes eked out a gain in April to snap a two - month losing streak.

Two are: the SPDR Energy Select (XLE) for exposure to US oil majors, many with international operations; and the iShares TSX Energy (XEG) for exposure to Canadian oil producers.

Goldsby is located just outside of Oklahoma City, a major center for the oil industry and manufacturing.

President Obama called it «a major victory for big oil, Wall Street banks, health insurance companies and the other powerful interests that marshal their power every day in Washington to drown out the voices of everyday Americans.»

At present, almost all Canadian exports of oil and gas go to the U.S., which is becoming once again a major producer in its own right, and a potential competitor for offshore markets.

Major projects in the oil and gas industry are critical for northern communities that rely on the industry, Fraser said.

Groups including Dutch telecommunications group Altice, US conglomerates Honeywell and General Electric, UK oil major BP and French luxury group Kering are considering setting up independent companies for some of their activities as a way to generate value for shareholders.

Big Oil is also acutely aware that a major new pipeline project is a critical piece of its huge expansion plans for the oil sanOil is also acutely aware that a major new pipeline project is a critical piece of its huge expansion plans for the oil sanoil sands.

Over a year which has seen large banks halt funding for fossil fuel projects, major institutions divest from oil, gas and coal holdings, and oil companies snap up power and renewables companies in a bid to diversify their asset base, research published today by the UK Sustainable Investment and Finance Association (UKSIF) and the Climate Change Collaboration suggests nervousness over climate risk has shot up in financial circles.

Mr. Swoveland also has worked as a geologist and exploratory geophysicist for both major and independent oil and gas companies.

As you can imagine, this data is incredibly valuable for everyone from oil traders to geopolitical analysts — and as such, it has been bought up and sold for tens of thousands of dollars by major data providers.