«Oklahoma City is seeing a significant contraction in the office market
from oil and gas companies.
Tim Ball said that he «made a point of not trying to find out who pays me,» and perhaps not so coincidentally says also, «to my knowledge, I have never received a nickel
from the oil and gas companies.»
The unthinkable is starting to happen in the financial services sector: a movement to divest
from oil and gas companies that affect climate change.
And Cooper had already admitted receiving money
from oil and gas companies.
Writing in Harper's Magazine in 1995, former Boston Globe reporter Ross Gelbspan called Lindzen a «hood ornament» for the fossil fuels industry, alleging that the scientist once received $ 2,500 a day in consulting fees
from oil and gas companies.
He's received $ 222,650
from oil and gas companies so far this election season, according to the campaign finance website OpenSecrets.org.
Tim Ball claimed in the programme that «I've never received a nickel
from the oil and gas companies.»
Million dollar donations have come
from oil and gas company Chevron, Locust Valley billionaire and hedge fund manager Julian Robertson Jr. and New York hedge fund manager Paul Singer.
Not exact matches
Instead of hedging away
from gas, as TransCanada
and many other
companies appear to be doing, it's a bet that
gas will play a much bigger role in our energy future, probably at the expense of
oil.
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.
The upshot: For now investors should avoid pure - play downstream
companies like Marathon Petroleum (mpc), which has focused on refining, retail
gas sales,
and transport since being spun off
from Marathon
Oil (mro) in 2011.
The giant
oil and gas company reported dismal earnings on Tuesday, down 53 %
from the same time last year.
For GE, the deal will help it focus more on the
oil and gas sector, especially in North America, while shielding the parent
company's earnings
from the energy industry's boom
and bust cycles.
For somebody who had never been to New Orleans, but moved there initially to teach
and then a year later left the classroom to start a
company, I've seen firsthand just how much the community has invested in bringing in
and retaining young people who really want to contribute to rebranding the city, bringing it
from, old
oil and gas and just tourism really into the 21st century with lots of high - tech, high - growth businesses.
In northwest Louisiana, as the production rush began in the Haynesville Shale in 2009, the state water agency ordered
oil and gas companies to stop pulling groundwater
from the local aquifer that also supplied homes
and businesses,
and use surface water instead.
The Omani - based
company leads many different initiatives in a variety of sectors, ranging
from higher education to solar energy to core testing for
oil and gas,
and even trying to build a «smart city» which may enable citizens to pay utility bills automatically, amongst other things.
As a vice-president of parent
company China National Petroleum Corp. explained at an
oil and gas industry conference in Calgary, the
company felt it was being shut out of Canada's oilsands by political pressure
from the U.S.
and had lost confidence in Enbridge's ability to manage aboriginal opposition to the line.
Perth - based
oil and gas company Antares Energy has received a fresh $ US300 million offer
from an undisclosed party for its Permian Basin
oil and gas assets in Texas, less than six months after it backed out of a previous sale agreement.
The
company, which had made its name providing investors with a steady income
from its
oil and gas wells, cut its dividend in half as capital spending rose
and energy prices fell.
The consumer watchdog has given the green light to Woodside Petroleum's proposed purchase of
oil and gas assets
from US energy
company Apache, after concluding it would not have a significant effect on the domestic
gas market.
A report that year
from the American Petroleum Institute, the industry's trade group, found that women accounted for 17 % of the workforce at
oil, natural
gas and petrochemical
companies.
Junior
oil and gas company Pura Vida Energy has named Jeff Dowling as its new chairman
and Ric Malcolm as a non-executive director, with current chairman Bevan Tarratt to resign
from the board.
Everyone
from medical equipment suppliers to software producers to food services
companies — all of these sectors service the
oil and gas industry,
and many of the largest happen to be based in the U.S.
The types of
companies going public may be wonderfully diverse, but because there are fewer of them, the process of tilting the TSX away
from oil and gas and mining stocks is going to be a slow one.
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.
The
company which scans the sea floor for
oil and gas deposits said it now expected full - year revenue to be in the range of $ 870 - 910 million, up
from its previous forecast
from Aug. 2 for $ 810 - 870 million.
All the while, the industry thrived financially under a combination of high
oil prices, low natural
gas prices (a major input cost), recession - induced relief
from cost inflation
and a reduced cost of capital as majors
and foreign national
oil companies gobbled up wobbly juniors.
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, should the leadership of a biofuels
company come
from the biotech sector or an
oil and gas monolith?
Precision shares, though, are off nearly 30 %
from their all - time high, as the
company's earnings have been hit by weakness in the
oil and gas sector, where the majority of the
company's non-aerospace sales come
from.
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.
PERTH - based
oil and gas company Antares Energy has announced first commercial sales
from its third
gas well in the Ellis County region of Oklahoma, in the US.
The extraordinary cost reductions achieved by North American
oil and gas companies have likely reached their limit,
and any boost in profitability for much of the U.S. shale
and Canadian
oil sands industries will have to come
from higher
oil prices, according to a new report
from Moody's Investors Service.
This, of course, is no guarantee that U.S. Silica's profits will only go up
from here — the
company is still heavily tied to the whims of
oil and gas producers.
I have had, over my time at the University of Alberta, representatives
from the Alberta Ministries of Environment, Energy,
and Finance
and Enterprise, many major
oil,
gas, energy services, pipeline
and electricity
companies, Epcor, the Pembina Institute,
and many others speak in my classes.
Build on its record as the first government to achieve an absolute reduction in greenhouse
gas emissions by working with provinces to reduce emissions
from the
oil and gas sectors while ensuring Canadian
companies remain competitive.
Three such examples are Aimsio, a digital ticketing software that streamlines field operations by enabling users to file reports, dispatch resources
and track project progress all
from one central location; DarkVision, which developed a new ultrasound technology that allows
companies to create 3D images of the inside of
oil wells, enabling them to make more informed
and cost - effective production decisions;
and Unsist, which uses artificial intelligence to help
oil and gas companies make better production
and operational choices.
With the
oil and natural
gas markets stabilized, at least for now, investors should begin considering which
companies could emerge
from the rubble of the
oil price collapse to see their stock prices double or triple in the next few years.
Additionally, the SEC requires
oil and gas companies, in filings made with the SEC, to disclose proved reserves, which are those quantities of
oil and gas, which, by analysis of geoscience
and engineering data, can be estimated with reasonable certainty to be economically producible —
from a given date forward,
from known reservoirs, under existing economic conditions, operating methods,
and governmental regulations.
It's a smart move, according to a recent report
from Wood Mackenzie, which says
oil and gas companies that adopt renewables early will be at a competitive advantage, while slow adopters could find themselves at a structural disadvantage.
Disclosing the Facts: Transparency
and Risk in Methane Emissions focuses on the critical risk of methane emissions
and how
companies are managing methane reduction, reflecting rising investor concern that excessive methane emissions
from oil and gas operations will undercut the potential net climate benefit of substituting natural
gas for coal, especially in decarbonizing energy markets.
As a recent report
from Wood Mackenzie put it,
oil and gas companies that adopt renewables early will gain a competitive advantage.
Beyond the actual
gas project
and LNG sales, China's state - run shipping conglomerate COSCO has also secured a 50 percent stake in the four LNG shipping carriers serving Yamal.90 Chinese engineers
and workers have been deployed to the Yamal Peninsula to help construct surrounding infrastructure, which includes a Chinese - produced polar drilling rig.91 Moreover, a Chinese
oil and gas rig producer now provides Russia with about 60 percent of its imported
oil rig supplies, indicating that China is becoming a dominant player in this sphere.92 Chinese media recently hailed Yamal as an example of China's construction
and engineering prowess
and a symbol of its transformation into an Arctic player.93 In return for China stepping into support the project, senior officials
from Novatek, the main shareholder of the project, announced that the first LNG shipment would symbolically go to China.94 But a British subsidiary of Malaysia's Petronas purchased the first shipment of Yamal LNG
and sold it to France's Engie, which then shipped the cargo to its Boston import facility for American use.95 Western sanctions on Novatek, Russia's largest independent national
gas producer
and a
company with close ties to the Kremlin, made Yamal's pivot to China possible, as sanctions forced Russia to find an alternative source of investment
and technology.
U.S.
oil and natural
gas production
from Pennsylvania could help power Ontario
and Quebec for instance, even as Canadian shale flowed through pipelines
from Alberta to the U.S. Infrastructure matters a lot in these settings, especially given the difficulties most
companies are facing in building new pipelines (Exhibit A: see the Dakota Access Pipeline).
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.
His
company, Knightsbridge Risk Management, a private security firm in Dallas that serves the
oil and gas industry, is getting calls
from companies that want to plan ahead in...
His
company, Knightsbridge Risk Management, a private security firm in Dallas that serves the
oil and gas industry, is getting calls
from companies that want to plan ahead in case they shut down drilling operations in North Dakota
and the Bakken shale formation.
The
Company's total 2016 net production increased approximately 44 % year - over-year to 22.2 million barrels of
oil equivalent («MMBoe»), which was derived primarily
from the Wattenberg Field,
and consisted of 61 % crude
oil and NGLs,
and 39 % natural
gas.
The
company last year said it would exit its underperforming U.S. shale
oil and gas business after coming under pressure
from Sydney - based Tribeca Investment Partners to sell the assets.
Others in the task force include Koch
Companies Public Sector, and Dezenhall Communications Management Group, a public relations company that specializes in media campaigns to defend corporations from progressive groups, and four of the the biggest oil and gas companies in the world — BP, Chevron, Exxon, a
Companies Public Sector,
and Dezenhall Communications Management Group, a public relations
company that specializes in media campaigns to defend corporations
from progressive groups,
and four of the the biggest
oil and gas companies in the world — BP, Chevron, Exxon, a
companies in the world — BP, Chevron, Exxon,
and Shell.