Sentences with phrase «foreign oil assets»

China's oil industry began a new era of growth as early as 2008, and from 2009 to 2013 Chinese oil companies were particularly keen on investing in foreign oil assets.

It was part of a nationalistic push by Mexico, 12 years after the government expropriated foreign oil assets and created Pemex, to assert economic and industrial might.

Not exact matches

Last year Foreign Reports, a Washington - based oil industry consultancy, calculated Aramco could have a market value of $ 250 - 460 billion, excluding the value of refining assets and guaranteed access to oil and gas.

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

Biofuels don't help, but biofuels are the result of high oil prices, which are the result of poor incentives to bring oil up (both because of low yielding U.S. assets and political resentment over U.S. foreign policy).

Net foreign assets held by Saudi Arabia's central bank fell below $ 600 billion in January for the first time since July 2012 as the government of the world's largest oil Continue Reading

The difference, however, is that while foreign companies mostly sold oil assets, they mainly purchased natural gas assets as an adjustment strategy to cope with the anticipated decline in oil prices and even the global oil industry.

The key drivers of the Savings Glut, however, have weakened or reversed: China's growth is rebalancing toward domestic consumption, and its stock of foreign exchange (FX) reserves has declined; other Asian emerging markets have already accumulated sufficient FX reserves and no longer need to accumulate assets; and the plunge in oil prices is forcing a number of oil exporters to reduce savings to delay or smooth the adjustment in expenditures.

This asset can be a physical commodity like crude oil, or a financial product like a foreign currency.

Royal Bank of Scotland v FAL Oil Company Limited [2013] 1 Lloyd's Rep 327 - exercise of freezing order jurisdiction in support of foreign proceedings where limited evidence of assets in jurisdiction (led by Vasanti Selvaratnam QC).