Sentences with phrase «impact on the oil companies»

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.

Not exact matches

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.
Exxon has argued against all the other shareholder proposals as well, including a «policy to explicitly prohibit discrimination based on sexual orientation and gender identity»; a policy articulating Exxon's «respect for and commitment to the human right to water»; «a report discussing possible long term risks to the company's finances and operations posed by the environmental, social and economic challenges associated with the oil sands»; a report of «known and potential environmental impacts» and «policy options» to address the impacts of the company's «fracturing operations»; a report of recommendations on how Exxon can become an «environmentally sustainable energy company»; and adoption of «quantitative goals... for reducing total greenhouse gas emissions.»
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»).
Rosenstein says that the company's average oil and gas production over three years has a significant impact on management's long - term incentive pay, which makes up the largest part of its compensation.
Depressed earnings at oil companies should benefit from a rebound in crude oil prices, while slightly higher interest rates can have a positive impact on bank earnings.
While we think oil prices are approaching their bottom, we are beginning to see the dramatic impact depressed oil prices have on energy company behavior.
This will have a catastrophic effect on the oil industry through price collapse (an equilibrium cost of $ 25.4 per barrel), disproportionately impacting different companies, countries, oil fields and infrastructure depending on their exposure to high - cost oil.
Researchers analyzed the finances of a major palm oil company to determine the impacts of conserving land on biodiversity and profits.
The carbon entity data allows for the differentiation between carbon emissions, produced and marketed by each of the 90 major multi-national and state - owned coal, oil and gas companies (and their predecessors), and the total human attribution on climate change impacts.
Some high yield bond funds are reeling with the impact of the price of oil on energy related companies with debt.
Rapidly decreasing oil prices have had a negative impact on the forecast operating cash flows of energy companies.
The plays off of the pipeline construction are improved probability by the Canadian oil sands producers, a slight positive impact on Gulf Coast margins, and the construction and E&C companies involved.
«Small increases in the price of oil and natural gas will have a very strong impact on the margin profile on energy companies, because their costs are still declining,» Marks said.
This oil they want to drill for represents at most 2 years of America's oil needs, will go on the international oil market when and if it is finally extracted, and so only benefit oil companies, and, as these environmental impact statements clearly state, has a 50 - 50 chance of causing spills harmful to the environment.
The American Petroleum Institute together with the nation's largest oil companies ran a task force to monitor and share climate research between 1979 and 1983, indicating that the oil industry, not just Exxon alone, was aware of its possible impact on the world's climate far earlier than previously known.
Protesters fear environmental damage, especially from possible oil spills; are frustrated with oil companies» grip on US politics; and condemn the impacts of tar sands exploitation on the boreal forest and First Nations in Canada.
«There is an incoherence at best between oil companies on the one hand positioning themselves as being on the side of the world's developing countries and while on the other actively pursuing strategies which will entail catastrophic climate change which we already know is having a significant impact on the global south,» she said.
California cities San Francisco and Oakland filed separate lawsuits against five oil companies on Wednesday seeking billions of dollars to protect against rising sea levels they blamed on climate change... Marin and San Mateo counties and Imperial Beach, California, in July brought similar public nuisance and failure to warn lawsuits alleging climate change impacts.
The world's largest oil companies are increasingly faced with public pressure to do something about their impact on climate change.
With a decision that could have far - reaching implications, a federal judge in California has ordered the first ever U.S. court hearing on climate science for a «public nuisance» lawsuit, meaning that major oil and gas companies for the first time may have to go on the record regarding what they knew about the planetary impacts of their products — and when.
The memo — sent by the American Petroleum Institute and obtained by Greenpeace, which sent it to reporters — urges oil companies to recruit their employees for events that will «put a human face on the impacts of unsound energy policy,» and will urge senators to «avoid the mistakes embodied in the House climate bill.»
The carbon entity data allows for the differentiation between carbon emissions, produced and marketed by each of the 90 major multi-national and state - owned coal, oil and gas companies (and their predecessors), and the total human attribution on climate change impacts.
Oil prices will continue to drop, fossil fuels will continue to supply more than three - quarters of world energy use in 2040, and natural gas is expected to grow the fastest impacting on economies, companies, communities, and individuals.
The proposed ALEC model «Environmental Impact Litigation Act,» based on a law passed in North Dakota in 2015, would allow coal, oil, and gas companies to pay into a fund for the state to sue against a number of key federal environmental laws, including the Clean Air Act.
In the face of this political pressure, Speaker Nancy Pelosi and the other Democrats in the House crafted an energy bill that gave the Republicans the vote they demanded on drilling, but that also limited the impacts of OCS drilling on coastal tourism, renewed the renewable energy tax credit, and that stripped away many oil company subsidies.
We are organizing to hold oil companies and their corporate consumers accountable for their impact on our lives.»
$ 906 billion annual turnover is a risk for publicly listed companies as a result of deforestation and the impact on products (timber, palm oil, soy and cattle)
When students at UCL in London escalate actions on campus highlighting the conflict between the university's research and its investments, and exposing the close connections of university council members to fossil fuel companies; when pressure from scientists, climate activists and museum employees force oil mogul David Koch to step down from the board of New York's American Museum of Natural History; when the City of Cape Town comes under pressure to divest from the companies at the root of the city's water crisis; when Nobel Prize winners urge the prestigious Nobel Foundation to cut their financial ties to fossil fuel companies, we have exactly the kind of impact we aim for with the Fossil Free campaign.
Robert's commercial disputes experience has focused on the energy sector and includes representing a multinational energy company in a $ 150 million ICC arbitration concerning the impact of government - imposed price renegotiation in the coal industry; representing an oil & gas major in a dispute under a long term gas supply agreement in relation to an off - shore West African field; defending a Russian energy infrastructure company in LCIA arbitration proceedings; and advising an oil major on potential claims under a bi-lateral investment treaty related to corruption charges and maltreatment of company officers.
prepare detailed reports, such as environmental impact assessments, for agencies, commercial organisations, governmental bodies such as the Department for Environment, Food and Rural Affairs (DEFRA), or oil companies drilling on the seabed
Climate - related litigation is a reality, particularly in the United States where action has been taken against private companies, administrative decisions and government agencies... In relation to the impacts on Indigenous peoples, in February 2008 the Alaskan native village of Kivalina filed a lawsuit against a number of oil, coal and power companies for their contribution to global warming and the impacts on homes and country disappearing into the Chukchi Sea.
Alberta continues to grapple with the impact of low oil prices on the economy, with Calgary particularly impacted due to the high concentration of energy companies occupying spaces in the downtown market, says JLL.
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