Multiple law enforcement and city and state consumer protection agencies jointly announced a broad - ranging indictment of nine
fuel oil companies in a multi-year scheme to shortchange New York City residents, businesses and city agencies for the costs of heating oil to the tune of $ 18 million a year.
Not exact matches
Wednesday: Boeing & Biogen Boeing: In the past, this
company has been deemed a loser on suspicions that airlines won't upgrade their fleets for
fuel efficient planes now that the price of
oil is so low.
Weakness in the
company's
fuel refining and chemicals businesses dragged on an upbeat quarter for Exxon's unit that focuses on producing
oil and natural gas.
Large integrated
oil companies are known as such because they not only produce
oil, but they also refine it into finished products, such as jet
fuel, gasoline, heating
oil, and diesel, and sell it via a network of gasoline stations.
Fuelled by a tripling of
oil prices during the last five years, Gulf Arab acquisitions of foreign
companies have surged.
Ultimately,
oil and gas
companies need to become what they claim to be; «integrated energy
companies», rather than integrated fossil
fuel companies.
That was before the dawn of the
Oil Age, the energy transition that would
fuel the
company's real rise.
The EPA's recent move to roll back automobile
fuel efficiency standards benefits almost no one except auto manufacturers, who save on R&D costs, and
oil companies, for whom greater
fuel consumption translates into more revenues.
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.
«A DPRK - flagged tanker, SAM MA 2 owned by Korea Samma Shipping
Company, conducted a ship - to - ship transfer of
oil and fabricated documents in mid-October 2017, loading almost 1,600 metric tons of
fuel oil in one transaction,» the United Nations said.
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.
In the season where Formula 1 gets to grip with its own «
fuel crisis», we look at two of the biggest global
oil companies involved with the business of F1.
Gary Kelly, Southwest Airlines chairman, president & CEO, breaks down his
company's quarterly results and the impact of lower
oil prices on jet
fuel costs.
But the people who came from Statoil, that was a government
oil company, so they thought about the
fuel business first and the stores second.
«The
oil companies knew from 1959 on, they did their own study that there would be global warming happening because of fossil
fuels, and on top of it that it would be risky for people's lives, that it would kill,» Schwarzenegger said in the podcast.
But that volatility, as Ghosh likes to note, is the upside of the integrated nature of the
company, which gives it a continued hedge against the differential in world
oil prices through its downstream and midstream assets — on the midstream side, Husky operates a 2,000 - kilometre crude -
oil pipeline system, and its downstream operations include upgrading and refining crude
oil, and marketing gasoline, diesel, jet
fuel, asphalt and ethanol in Canada and the United States.
Notably absent from the list are
oil and coal
companies that have built their businesses on fossil
fuels.
Fueling that rally was an OPEC - inspired
oil price rebound as well as three
company - specific catalysts.
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.
The
company is just starting to ramp up horizontal drilling in the region, which could
fuel 20 % to 35 % annual production growth through 2020 depending on
oil prices, boosting its Permian output to a range of 250,000 - 350,000 BOE / d.
Fueling the
company's stronger - than - expected results was an increase in
oil and gas activity levels around the world.
Oil and gas
companies, the most profitable corporations in history, are counting their fossil
fuel reserves as money in the bank and continuing to spend capital on finding and developing even larger reserves.
With a
fuel duty rise due this summer and the possibility of strikes by
fuel tanker drivers, it will be interesting to measure the impact on the
oil companies and whether BP and Shell can ensure that any blame attached is shared around equally, rather than disproportionately focused on them.
The sponsors withdrew the resolution after the
company agreed to report on how much of its
oil and gas reserves would become unsellable — or stranded — if a global treaty decreased fossil
fuel demand.
With petrol prices last week climbing over 140p for a litre of unleaded
fuel for the first time ever (according to Experian Catalist) and the cost of diesel lingering around record highs, sentiment towards the
oil companies has unsurprisingly started to fall again.
Reuters News PE Hub — IPO (Canada) Higher
oil prices and a positive earnings outlook for energy
companies are expected to
fuel a rebound in North American
oil and gas initial public offerings in 2018, with bankers betting investors -LSB-...]
Driving its slump was the decision to spend $ 2.1 billion to acquire the Houston
Fuel Oil Terminal
Company from a private equity fund.
Of course, energy
companies and countries that depend on
oil exports will suffer, but users of transportation
fuels, petrochemicals, plastics, fertilizers and so forth should benefit greatly.
In order to send a message to fossil
fuel companies that
oil and coal reserves are best left in the ground, the movement encourages investors to sell their shares in these
companies.
At present, most of this rent has been relinquished to
companies that have been privatized: the large
fuel companies (Gazprom, Yukos and other
oil companies), mining
companies (Norilsk, etc.), and the telephone, electric power and other monopolies.
There were no test tubes or Bunsen burners, but a courtroom turned into a science classroom Wednesday for a U.S. judge considering lawsuits that accuse big
oil companies of lying about the role of fossil
fuels in the Earth's warming environment.
New York City is taking on the
oil industry on two fronts, announcing a lawsuit Wednesday that blames the top five
oil companies for contributing to global warming and saying the city will sell off billions in fossil
fuel investments from the city's...
They compare bananas to oranges and drive the debate away from the real issue — our unsustainable dependence on fossil
fuels and the incredible environmental toll that multinational
oil companies are enacting both overseas and in Alberta's oilsands.
The minister heads the state
oil company PDVSA, which is in desperate need of a hike in
fuel revenues and favorable financial ratings to fund imports of consumer goods and medical supplies for its citizens and to keep the socialist government's public services afloat.
Oil ministry officials said they don't have anything to do with pricing and it's up to the
companies how they price
fuel.
Any geologist who works for Exxon Mobil, Shell, BP, Haliburton, Schlumberger, Gasprom, Saudi Aramco, Baker and Hughes, Petrobras, China's national
oil company or any of the thousands of mining or
oil or natural gas related
companies that make a living finding fossil
fuels, will tell you these fossil
fuels take millions of years to develop from the remains of large forests or marine creatures.
OccupyGhana ® has been observing with keen interest, the matters and issues arising from the sale of some
fuels by the Bulk
Oil Storage & Transportation
Company Ltd. (BOST), a company owned by the Republic of
Company Ltd. (BOST), a
company owned by the Republic of
company owned by the Republic of Ghana.
Mr. Awuah Darko said, after heeding to this request for months, their attention was drawn to the fact that, they were not an
Oil Marketing
Company (OMC) and so they could not supply
fuel directly to the aforementioned institutions.
Government transferred an amount of GH cents 484.3 million to partially settle foreign exchange under - recoveries owed the Bulk
Oil Distribution Companies (BDCs), support the Strategic Stock Reserve Programme of Government, and to subsidise premix and residual fuel o
Oil Distribution
Companies (BDCs), support the Strategic Stock Reserve Programme of Government, and to subsidise premix and residual
fuel oiloil.
New York City announced it filed a multibillion dollar lawsuit against five top
oil companies, citing their «contributions to global warming,» as it said it would divest fossil
fuel investments from its $ 189 billion public pension funds over the next five years.
He added that they suspect some industry insiders at the Bulk
Oil Storage and Transportation
Company (BOST) deliberately caused the contamination of the 5 million litres of
fuel.
The Fossil
Fuels Divestment Act would end any investments in the 200 largest publicly traded
companies that deal in coal,
oil or natural gas.
New York City sued five major
oil companies, claiming they have contributed to global warming, and also announced it will sell off billions in fossil
fuel investments from the city's pension funds.
Ghana allegedly lost about GHc 7 million in revenue following attempts by the Bulk
Oil Storage and Transportation Company Limited (BOST) to sell contaminated fuel to some oil marketing compani
Oil Storage and Transportation
Company Limited (BOST) to sell contaminated
fuel to some
oil marketing compani
oil marketing
companies.
Kwesi Pratt Jnr, Managing Editor of the Insight believes the Chief Executive Officer of Bulk
Oil Storage and Transportation (BOST)
Company Limited, Alfred Obeng, must step down for investigations to be conducted into the alleged sale of contaminated
fuel to consumers.
API New York BlueRock Energy Buffalo Niagara Partnership Capital Region Chamber of Commerce Central Hudson Chautauqua County Chamber of Commerce Chemung County Chamber of Commerce Constitution Pipeline Cortland County Chamber of Commerce D.A. Collins Delaware Engineering Dominion Energy Eastern NY District Council of Laborers Energy Coalition New York Energy Equipment and Infrastructure Alliance EnergyMark, LLC Engineers Labor - Employer Cooperative (ELEC 825) General Contractors Association of NY Hudson Valley Building & Construction Trades Council Independent
Oil & Gas Association of NY (IOGA - NY) Independent Power Producers of NY (IPPNY) International Union of Operating Engineers Local 825 (IOUE 825) Iroquois IUOE Local 825 Joint Landowners Coalition Laborers District Council of Eastern NY Laborers Local 17 LECET Fund Manufacturers Association of the Southern Tier Millennium Pipeline National
Fuel Gas
Company National Federation of Independent Business North Country Chamber of Commerce NYS Building & Construction Trades Council NYS Conference of the International Union of Operating Engineers NYS Economic Development Council NYS LECET Fund (Laborers - Employers Cooperation & Education Trust) Orange County Partnership Otsego County IDA Penn - York Land Services Corp..
Inc. • Ambient Environmnental, Inc. • API New York • BlueRock Energy • Buffalo Niagara Partnership • Capital Region Chamber of Commerce • Central Hudson • Chautauqua County Chamber of Commerce • Chemung County Chamber of Commerce • Constitution Pipeline • Cortland County Chamber of Commerce • D.A. Collins • Delaware Engineering • Dominion Energy • Eastern NY District Council of Laborers • Energy Coalition of New York • Energy Equipment and Infrastructure Alliance • EnergyMark, LLC • Engineers Labor - Employer Cooperative (ELEC 825) • General Contractors Association of NY • Hudson Valley Building & Construction Trades Council • Independent
Oil & Gas Association of NY (IOGA - NY) • Independent Power Producers of NY (IPPNY) • International Union of Operating Engineers Local 825 (IOUE 825) • Iroquois • IUOE Local 825 • Joint Landowners Coalition • Laborers District Council of Eastern NY • Laborers Local 17 LECET Fund • Manufacturers Association of the Southern Tier • Millennium Pipeline • National
Fuel Gas
Company • National Federation of Independent Business • North Country Chamber of Commerce • NYS Building & Construction Trades Council • NYS Conference of the International Union of Operating Engineers • NYS Economic Development Council • NYS LECET Fund (Laborers - Employers Cooperation & Education Trust) • Orange County Partnership • Otsego County IDA • Penn - York Land Services Corp. • Unshackle Upstate • Upstate New York Laborers District Council • U.S Chamber of Commerce's Institute for 21st Century Energy • USA Compression • Williams Pipeline.
The minority in Parliament has noted with grave concern the sale of contaminated
fuel product to the tune of five million litres to a
company known as Movenpiina by the MD of the Bulk
Oil Storage and Transportation Limited under very dubious and bizarre circumstances in another clear example of escalating corruption in the Akufo - Addo / Bawumia Government.
Managers of
Oil Marketing
Companies (OMCs) operating in the Northern Region have backtracked on their decision to shut down their
fuel stations in protest of recent attacks by robbers, after a meeting with the Northern Regional Security Council (REGSEC).
Responding to claims of allegations against the Managing Director of the Bulk
Oil Storage and Transportation
Company Limited (BOST), Alfred Obeng on Asempa FM, he revealed that some elements within the party are
fueling his sack because he has refused to allow them have their selfish way.