Sentences with phrase «from state oil companies»

However, stopping embezzlement from state oil companies is easier said than done.
Her father had hoped she could use her business acumen and political standing to clamp down on theft from the state oil company as it struggled to adjust to the sharp fall of oil prices over the previous year.

Not exact matches

U.S. oil major Chevron Corp has evacuated executives from Venezuela after two of its workers were imprisoned over a contract dispute with state - owned oil company PDVSA, according to four sources familiar with the matter.
Potential U.S. sanctions on sales of light crude to Venezuela's oil company PDVSA would hamper its already weak refining network while leaving at least one tanker in limbo, according to a source from the state - run firm and Thomson Reuters data.
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 U.S. oil company removed executives from Venezuela after two of its workers were imprisoned over a contract dispute with state - owned oil company PDVSA.
In December 2016, he fled to Canada, where he now seeks asylum from gangs that steal fuel from Salamanca and five other refineries operated by Pemex, the state - owned oil company.
U.S. oil major Chevron Corp has evacuated executives from Venezuela after two of its workers were imprisoned over a contract dispute with state - owned oil company PDVSA.
From the early 1930s until 1972, U.S. oil states imposed oil supply quotas so restrictive they would make OPEC blush, while major international oil companies, or «The Seven Sisters» held back oil supply from the massive Middle Eastern concessions they operaFrom the early 1930s until 1972, U.S. oil states imposed oil supply quotas so restrictive they would make OPEC blush, while major international oil companies, or «The Seven Sisters» held back oil supply from the massive Middle Eastern concessions they operafrom the massive Middle Eastern concessions they operated.
The bill's introduction also comes amid various actions and statements by the Trump administration, including a fourth round of sanctions that restrict Venezuela and Petróleos de Venezuela SA, a state - owned oil company, from issuing new debt or from engaging in other financial dealings with U.S. citizens.
August saw the US's most drastic action, restricting the Venezuelan government's access to the US financial system, preventing it and the state oil company, PDVSA, from issuing new debt in US dollars.
In Nigeria in 2014, Lamido Sanusi was fired as head of the central bank after trying to track down $ 20 billion that he said had been stolen from that country's state oil company, NNPC.
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.
The statement from the U.S government is widely interpreted as a threat to sanction state - owned oil company PDVSA, the government's main source of revenue.
He was arrested in December 2016 and charged with receiving a bribe from Igor Sechin, head of the state - owned oil company Rosneft.
Tomorrow, Ecuadorian state oil company Petroamazonas will produce the first barrel of commercial crude from the ITT (Ishpingo, Tambococha, Tiputini) fields that lie beneath Yasuní National Park, an area that some scientists have called the most biodiverse rainforest on Earth.
The railway did not respond to further questions, but Reuters, quoting officials from the company, said the oil aboard the train had come from the Bakken oil fields of the Western United States.
The Venezuela state oil company PDVSA, which has borrowed more than $ 6bn from Kremlin - controlled Rosneft, caused consternation in Washington last year after putting up a 49.9 percent stake in its US - based refining subsidiary, Citgo, as collateral against a portion of the loan.
The dramatic plunge in the prices of oil and industrial commodities as a result of slowing demand from China together with increased supply from the United States, decimated energy and materials companies» profits.
Bonds from Venezuela's state oil company due in October surged after the country paid $ 1.5 billion of debt that matured Friday.
Saudi Arabia has plans to sell about 5 % of Saudi Aramco, the state - owned oil company, through an IPO in 2018 and expects to generate up to $ 100 billion for the country's Vision 2030 program, designed to shift the Saudi economy away from oil dependency towards tech and entertainment services.
The first phase of sanctions targeted individuals, but these new measures prohibits U.S. institutions from trading new bonds with the government of Venezuela or state - owned oil company PDVSA, a move intended to choke off the regime's finances.
The crash in oil prices has hobbled the state and soured the business environment, which might have otherwise attracted more companies from other industries, Behravesh said.
better yet — he's the type of guy to extort money from a congregation that doesn't understand global economics, fiat currency, OPEC, oil production, the supply chain, the exploration of oil reserves or how foreign / state run companies keep supply low to drive up demand which they then use the proceeds to seed their Islamic theocracies which in turn oppress woman and preach anti-American propaganda.
Tropical Traditions was the first company to import virgin coconut oil from the Philippines in 2002, and it remains one of the only premium coconut oils in the United States that is still produced using traditional methods, rather than being mass - produced by machine.
There, following a military coup in June 2009, dozens of farmer leaders have been assassinated by private and state security forces, as they have tried to resist being evicted from their lands by companies in charge of a rapidly expanding palm oil monoculture.
The bill essentially bans any company that does more than $ 20 million dollars in business with Iran's energy sector — either oil, gas, or nuclear power — from being able to bid on state or local government contracts.
Legislation introduced in the state Senate and Assembly would prohibit the state's pension fund from investing in big oil, gas or coal companies.
Nigerian government now seeks a court order compelling the two companies to pay into the Federal government of Nigeria account with the Central Bank of Nigeria, the sum of USD 406,751,070 being the total value of the missing revenue from the shortfall / undeclared / under - declared crude oil shipments of the country, made by the companies to United States of America.
He further stated that following the exit from the joint venture cash call arrangements with multinational oil and gas companies, the country had received investment requests amounting to over 15 billion dollars.
State regulators are seeking more information from a Massachusetts company that plans to expand its Hudson River facilities routing rail shipments of crude oil from North Dakota and western Canada to coastal refineries.
How different is President Akufo - Addo from Angola's president who appointed his daughter to run a state owned oil company.
-LRB-... In a presentation Thursday at the Broome County Office Building, a representative from GasFrac Energy Services Inc. said the firm, which has worked on natural gas and oil rigs in Canada and Texas, has had discussions with gas companies about contracting to tap into the state's portion of the Marcellus.
Oil train traffic has exploded in the United States since companies began sucking oil up from the Bakken fields of North Dakota in recent yeaOil train traffic has exploded in the United States since companies began sucking oil up from the Bakken fields of North Dakota in recent yeaoil up from the Bakken fields of North Dakota in recent years.
The accusations emerged from the giant scandal in Brazil involving the state oil company there, Petrobras, which was bilked for billions of dollars over the course of a decade by corrupt executives, politicians and contractors — including Odebrecht.
In the calendar year, Brown raised a whopping $ 9.87 million in monetary contributions, with the overwhelming majority of those funds coming from big corporations, labor unions, oil companies and high - worth individuals that routinely lobby state government.
A statement by Tony Opuiyo said, «On Friday, 13th January, 2017, it rescued four (4) oil company kidnap victims from their abductors at White House Estate, Rumukwurushi, Port Harcourt, Rivers State.
Following the global report indicating that Ghana's market has been flooded with toxic diesel, it has been reported that data from the National Petroleum Authority (NPA) has revealed that Bulk Oil Storage and Transport Company Limited (BOST), the state owned strategic reserve holder, accounts for a significant 25 % of the total quantity of diesel imported into the country for the first six months of 2016.
While Cuomo claims he's trying to make New York business - friendly, an authoritative oil - and - gas industry source involved in Pennsylvania - based energy production told The Post the governor has repeatedly rejected offers of information on fracking from leading energy companies, which are prepared to invest hundreds of millions of dollars on gas exploration in the state.
The Cuomo administration must recognize the scope of this threat to our state from this company, which was responsible for the largest oil field spills in North Dakota's history just last month, involving 1 million gallons of hazardous brine.
Following the global report indicating that Ghana's market has been flooded with toxic diesel, it has been reported that data from the National Petroleum Authority (NPA) has revealed that Bulk Oil Storage and Transport Company Limited (BOST), the state owned strategic reserve holder, accounts for a significant 25 % of the total quantity of diesel imported into the country for the first...
Other mitigation strategies that states and oil and gas companies are exploring include recycling the wastewater or injecting it into layers of rock that are farther removed or isolated from deep faults.
Officials in Pennsylvania were not immediately available to say how much gas and oil energy companies produce from state forest and park land.
The state - owned Nigeria Agip Oil Company plans instead to generate electricity from the waste gas of its Kwale plant, displacing fossil fuels that might otherwise have been consumed.
Energy companies used nearly 250 billion gallons of water to extract unconventional shale gas and oil from hydraulically fractured wells in the United States between 2005 and 2014, a new Duke University study finds.
Who knew profit - hungry oil companies were already preventing the Centennial State from having endless seasons of perfect ski conditions, followed by ample spring meltwater for cities, agriculture and trout streams?
Chevron, headquartered in San Ramon, California, is the 2nd largest integrated energy company in the United States, with a production capacity of 2.6 million oil - equivalent barrels per day (75 % of which comes from outside the United States) and global refining capacity of 1.96 million barrels of oil per day.
Treatibles CEO Julianna Carella notes that all of her company's products are Compassion Certified, made from human - safe, USA - sourced ingredients, and feature PCR oil extracted from medicinal grade hemp grown in the United States.
Though the art piece is in the northern part of the lake and remotely - located from any town or road, the plans to drill for oil five miles out by Canadian company Amoco have sparked protest from across the world, prompting the state to postpone the decision for a permit.
As Pertamina shifts resources from oil into the development of geothermal energy, it could become the first oil companystate - owned or independent — to make the transition from oil to renewable energy.
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