Sentences with phrase «in oil control»

Not exact matches

Enbridge Inc., which used to control Canadian oil exports to the U.S., has become the largest gas distributor in Ontario and invested in wind farms.

Tillerson's predecessor, Lee Raymond, tried to buy Russia's most profitable oil company Yukos from the oligarch Mikhail Khodorkovsky, who had gained control of it during the highly corrupt privatizations under Boris Yeltsin in the 1990s.

In early March, as rebels fought for control of the country's east coast ports, where much of the country's oil is refined or shipped abroad, the price of the American crude contract (West Texas Intermediate, or WTI) broke US$ 100 for the first time since 2008.

To be fair, there have been a several times that markets didn't recover as quickly after seismic geopolitical events such as the invasion of France in 1940 and the Yom Kippur War (which led to a complete realignment of control over global oil), according to the Credit Suisse team led by Keating.

That could cut off a major supply of oil while potentially handing the region's balance of power to Iran, which could end up in control of the routes used by 40 % of the world's seaborne oil.

Prosecutors began to uncover a string of corruption scandals in 2014 and 2015, involving both private and state - controlled companies, like Petrobras, the nation's oil and gas champion, as well as current and former elected officials — namely, the former president of Brazil, Luiz Inácio Lula da Silva.

A variety of factors, like regulations, exchange and price controls, and insecurity would inhibit the broader Venezuelan economy's ability to respond in the event oil income dried up, Rodriguez added.

The arrests, by national intelligence agents, marked the first at a Western oil firm in Venezuela and represent a dramatic escalation of growing tensions between PDVSA and foreign companies over control of supply contracts.

The arrests, by national intelligence agents, marked the first at a Western oil firm in Venezuela and represent a dramatic escalation of growing tensions between PDVSA and foreign companies over control of supply contracts, the sources told Reuters.

As someone in their mid-50's, I am old enough to remember the start of oil - price gouging and the beginning of OPEC (Organization of Petroleum Exporting Countries) holding our energy consumption hostage by controlling the supply of crude and keeping prices high.

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.

But the oil companies have made just ungodly profits, and we're spending just a boatload of money over in Iraq — we should have control of the oil.

The Calgary - based company, which specializes in analytical instrumentation and process control equipment for industries including oil and gas, pipeline, wastewater and petrochemical, did $ 11 million worth of business that year.

Having noted the success of oil refineries, the government - controlled bank invested in one.

«Oil industry companies would do well to be cautious and stop assuming that good relations with PDVSA can last forever due to a common interest in pumping oil,» said Raul Gallegos, associate director with the consultancy Control RisOil industry companies would do well to be cautious and stop assuming that good relations with PDVSA can last forever due to a common interest in pumping oil,» said Raul Gallegos, associate director with the consultancy Control Risoil,» said Raul Gallegos, associate director with the consultancy Control Risks.

With nearly 2.5 million miles of oil, gas and chemical pipelines crisscrossing the country, intrusions into control systems could do more than disrupt deliveries, said Andrew R. Lee, a cybersecurity expert at the law firm Jones Walker in New Orleans.

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»).

Saudi Arabia is converting Aramco, the holding that controls the world's biggest oil reserves, into a joint - stock company and plans to list a stake of up to 5 % on stock exchanges in Riyadh.

Of course, there's also the growth systems, irrigation controls, lights and piping, fertilizers, hydroponics, hothouse supplies, all the things involved in farming and harvesting, and even oil extraction — everything except the seeds and plants.

On the contrary the Jewish interest is solely in the marketing of petroleum products and even there it is probably no more than 5 per cent, the chief marketer being American Oil of Baltimore, and American Oil, though still managed by the Blausteins, who founded it, is now controlled by a Standard of Indiana subsidiary.

We said in January a state - controlled Chinese oil company would make a bid for a large - cap Canadian energy company.

«Oil industry companies would do well to be cautious and stop assuming that good relations with PDVSA can last forever due to a common interest in pumping oil,» Raul Gallegos, associate director with the consultancy Control Risks, and author of Crude Nation, a book about how oil ruined the Venezuelan economy, said in an interview with ReuteOil industry companies would do well to be cautious and stop assuming that good relations with PDVSA can last forever due to a common interest in pumping oil,» Raul Gallegos, associate director with the consultancy Control Risks, and author of Crude Nation, a book about how oil ruined the Venezuelan economy, said in an interview with Reuteoil,» Raul Gallegos, associate director with the consultancy Control Risks, and author of Crude Nation, a book about how oil ruined the Venezuelan economy, said in an interview with Reuteoil ruined the Venezuelan economy, said in an interview with Reuters.

The Shanghai oil futures contract is similarly designed to wrest some control over pricing from the main benchmarks in New York and London — West Texas Intermediate (WTI) and Brent — and to promote the use of the yuan, also known as the renminbi.

Rosneft, a sanctioned Russian oil company, controls a 32.67 percent stake in the 230 - mile long pipeline that connects fields offshore to terminal and storage facilities onshore.

Haftar's advisors expect that the militias will try to attack the Gulf of Sidra area in an attempt to gain control of the ports and oil installations up there.

In the past six years, it has morphed into a business juggernaut that now holds stakes in nearly every sector of Iranian industry, including finance, oil, telecommunications, the production of birth - control pills and even ostrich farminIn the past six years, it has morphed into a business juggernaut that now holds stakes in nearly every sector of Iranian industry, including finance, oil, telecommunications, the production of birth - control pills and even ostrich farminin nearly every sector of Iranian industry, including finance, oil, telecommunications, the production of birth - control pills and even ostrich farming.

It is believed to finance itself via oil sales in Turkey, taxing the population under its control and receiving ransom from international captives.

This year the Conservative government approved the sale of $ 1.9 billion in oil sands assets to two companies controlled by the Chinese government.

The primary beneficiaries of the Trans Mountain pipeline are Houston's Kinder Morgan, Alberta's slumping oil sector, controlled by foreign multinationals such as Exxon and Shell, and export markets in Asia, primarily China.

That is similar to what happened to Saudi Aramco, where a computer virus wiped data from office computers, but never succeeded in making the leap to the industrial control systems that run oil production.

The joint statement by the Institutional Investors Group on Climate Change, the Investor Network on Climate Risk, and the Investors Group on Climate Change also encourages intensive gas users and governments in oil and gas importing regions to consider playing a role in encouraging control of methane emissions.

«In light of growing trends, and following the decisions made today, the government of Canada has determined that foreign state control of oil sands development has reached the point at which further such foreign state control would not be of net benefit to Canada,» Harper said.

In 1987, he bought a controlling stake in Husky Energy, then a small Canadian oil and gas driller that had slashed operations when oil dropped below $ 10 a barreIn 1987, he bought a controlling stake in Husky Energy, then a small Canadian oil and gas driller that had slashed operations when oil dropped below $ 10 a barrein Husky Energy, then a small Canadian oil and gas driller that had slashed operations when oil dropped below $ 10 a barrel.

The oil revenue streams is not yet in control of the elites and Venezuela has not yet defaulted.

Not later than 270 days after the date of enactment of the Dodd - Frank Wall Street Reform and Consumer Protection Act, the Commission shall issue final rules that require each resource extraction issuer to include in an annual report of the resource extraction issuer information relating to any payment made by the resource extraction issuer, a subsidiary of the resource extraction issuer, or an entity under the control of the resource extraction issuer to a foreign government or the Federal Government for the purpose of the commercial development of oil, natural gas, or minerals...

In March of 2008 the Canadian Boreal Initiative, the Pembina Institute and the Alberta Research Council published a report recommending the use of offsets in the oil sands region of Alberta as one tool to control the terrestrial impacts of oil sands development, including the impact on cariboIn March of 2008 the Canadian Boreal Initiative, the Pembina Institute and the Alberta Research Council published a report recommending the use of offsets in the oil sands region of Alberta as one tool to control the terrestrial impacts of oil sands development, including the impact on cariboin the oil sands region of Alberta as one tool to control the terrestrial impacts of oil sands development, including the impact on caribou.

That deal more than doubled Exxon's resource position to 6 billion BOE, giving it control of an extensive inventory of low - cost drilling locations that it can tap in the years ahead to grow output in an improving oil market.

The deal will boost Aramco's downstream business ahead of a planned initial public offering next year and also bolsters Malaysia's state - controlled Petroliam Nasional Bhd - known as Petronas - after it cut spending because of the slump in oil prices.

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.

Kashagan has huge amounts of oil in store, and according to Financial Times, «Opec, the 14 - member cartel that controls more than a third of all crude production, on Monday said Kashagan's ramp up is one reason it now thinks supplies outside the group will actually grow next year, despite two years of low prices.»

A budget measure approved by the Republican - controlled Senate late Thursday allows Congress to pursue legislation allowing oil and gas exploration in the remote refuge on...

KRG says independent tanker loadings to begin The Kurdistan Regional Government (KRG) has announced that it will market crude from oil fields under its control sent autonomously of Iraq's central government to the Turkish port of Ceyhan in a pipeline it claims as its own, with the first shipment up for sale before the end of January.On the KRG's website late on Jan. 8, the Ministry of Natural Resources (MNR) gave «public notice of the commencement of the sale of its first shipment of crude oil exported via Kurdistan Region's new...

SINGAPORE, Oct 30 (Reuters)-- The outlook for oil and natural gas markets remains bleak for the rest of the year and much of 2016, meaning there will be no let up in pressure to control costs, executives from two European energy majors said.

So why doesn't China pay Venezuelan debt in American Dollars and Gain an appropriate level of control of Venezuela oil.

Only after multiple extensions was final approval granted and even then, it came with several caveats, the most notable being, ``... given the inherent risks posed by foreign SOE acquisitions in the Canadian oil sands, the Minister of Industry will find the acquisition of control of a Canadian oil sands business by a foreign SOE to be of net benefit to Canada on an exceptional basis only» (emphasis added).

In other words, barring unspecified «exceptional circumstances», investments by SOEs involving majority control of oil and gas properties are off - limits.

Saudi Aramco and its controlling government have paved the way for the KSA's economic success in the next ten years, but other OPEC members — particularly those who are not also members of the Gulf Cooperation Council — do not have the financial connections to navigate rock - bottom oil prices without risking political stability.

The oil prices corrected back below the $ 69 region but it is clear that the bulls are in control.

China has steadily increased its Brazilian energy sector investments, including last year's $ 10 billion loan to Petrobras, Brazil's state - controlled oil company, in exchange for oil supplies.

The second is that the world economy was moving along very smoothly in the post-war period, with everything under control, until hit by the external shock of the OPEC - induced oil price rise in late 1973 (and again in 1979).