Sentences with phrase «large oil companies»

The world's largest oil company by market value had cut even cut its capital budget for the quarter by 38 %, but it wasn't enough.

Perhaps there is enough oil to first of oil achieve Canadian oil security and then allow large oil companies to pursue profits where ever they can best generate them?

Much of the funds originated from various large oil companies and right - wing foundations.

With its Canadian division, EnCana is the fifth largest oil company in North America.

So I am getting myself up to speed on the history of environmental activism in the Amazon, many areas of which have been devastated by the carelessness of large oil companies drilling in the rainforest.

The municipal climate litigation, the fossil - fuel industry, and the municipal bond market» to discuss the ongoing legal actions as cities and municipalities sue large oil companies for damage caused by fossil fuels.

Large oil companies based in the US, and UK, and France - known as the «oil majors» - cumulatively control, at most, 15 to 20 % of proven global oil reserves, while nationalized oil companies control the remainder.

The cities of San Francisco and Oakland are suing some of the world's largest oil companies over climate change, joining an emerging legal effort to hold the fossil fuel industry accountable for the damages wrought by rising seas.

And even if the company doesn't go bankrupt, it will still likely be a major acquisition target for other larger oil companies like Shell and Exxon, who are reportedly already eying the falling company.

One of my best friends at the time was a CPA, had been on the accounting team for one of the worlds largest oil companies, and was teaching small business accounting and bookkeeping at the time.

Climate change litigation has already been brought in the United States in recent years, as a number of municipalities in the United States are suing large oil companies for the cost of adapting cities for the impacts of climate change.

We expect the company will continue targeting small and midsize acquisitions to widen its geographic reach, in addition to larger acquisitions from large oil companies divesting their noncore branded retail outlets.

But, Moody's also added several large oil companies to that list of possible credit downgrades, including Royal Dutch Shell (NYSE: RDS.A), Statoil (NYSE: STO), and Total (NYSE: TOT).

In all, shares of the world's fourth largest oil company jumped 31 % in 2016, while those of our other oily Dog, Exxon Mobil (XOM - Free Exxon Stock Report), were up a comparatively modest 16 % for the year.

First - quarter sales and earnings at the world's fourth - largest oil company came in better than were generally expected, but were still off significantly from the prior - year's results.

The Wyden - Gregg bill from 2010 does not repeal LIFO, though it does propose a one - time adjustment for large oil companies which reduces the benefit of LIFO by re-valuing their inventory.

LONDON — Some of the world's largest oil companies reported sharply lower earnings on Thursday as they gave up on some ventures that no longer make sense in a world of crude prices around $ 50 a barrel.

The emission findings were part of a report by GRAIN and the Institute of Trade Policy (IATP), which listed the top 20 meat and dairy companies, who together contributed more GHGs than all of Germany as well as the world's largest oil companies including Exxon, BP, and Shell.

President John Dramani Mahama revealed in his state of the Nation Address last year that an oil and Gas deal had been signed with Italy's largest oil company ENI.

Senator Dorham recently on the Senate floor stated that some CEO's of large oil companies told him that solely based on supply and demand principles, a barrel of oil should not cost more then $ 50.00.

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.

«The reality is that larger oil companies get no subsidies from the federal government.

Jeroen van der Veer, CEO of Royal Dutch Shell, the world's second - largest oil company by market value, told the same conference that drivers should help fight climate change by using more fuel efficient vehicles.

We can debate that later, but until we do, keep in mind national oil companies manage over 90 % of the world's oil, and 16 of the 20 largest oil companies in the world are state owned or controlled.»

Large oil companies like ExxonMobil, which in 2011 earned more than $ 40 billion, make no hiring or firing decisions based on government handouts, but startup green - energy companies will hire more engineers and technicians, more marketing professionals and managers if governments invest in them.

NYC will divest $ 5bn from fossil fuels and launches litigation against some of the world largest oil companies.

Plus countries like Iraq and Mexico have not developed their full potential, partly due to lack of investment and infrastructure from larger oil companies and international banks, Doman suggests.

In January, New York City went to court to claim compensation from the five largest oil companies for dramatic climate change impacts, including Shell.

Saudi Arabia's state - owned oil giant Aramco, the world's largest oil company, is walking back plans for a massive public share offering on an international exchange.

The much - anticipated international listing of Saudi Aramco — the world's largest oil company — is likely to be delayed until 2019, but that decision makes sense given that oil prices are expected to head to $ 80 per barrel, a private equity investor said.

Investors hoping to a buy a piece of the world's largest oil company may be forced to wait until 2019 at the earliest, amid reports Saudi Aramco's initial public offering (IPO) is likely to be delayed.

Investors hoping to a buy a piece of the world's largest oil company may be forced to wait until 2019 at the earliest, amid reports Saudi Aramco's IPO is likely to be delayed.

National Energy Board documents reveal the other six are: French oil company Total; Suncor (TSX: SU); MEG Energy; Cenovus (TSX: CVE); Nexen (TSX: NXY), the Calgary company taken over last year by Chinese state - owned China National Offshore Oil Co.; and Sinopec, China's largest oil company.

On one side is Eneos, the brand of lubrication products manufactured and sold by JX Nippon Oil & Energy, the largest oil company in Japan.

Moody's lowered its outlook for these large oil companies in 2018 from «positive» to simply «stable.»

Bloomberg Gadfly points out that some large oil companies are trapped between pure - play E&P s and the absolute largest oil companies, offering up a rather unappetizing opportunity for investors.

«Over recent months, several of the world's largest oil companies have acquired a variety of companies and projects that have nothing to do with extracting, refining, or distributing hydrocarbons — but that are set to thrive in the low - carbon transition,» the report states.

Over recent months, several of the world's largest oil companies have acquired a variety of companies and projects that have nothing to do with extracting, refining, or distributing hydrocarbons — but that are set to thrive in the low - carbon transition,» the report

Still, despite huge profits, the largest oil companies are moving forward cautiously, keeping spending in Continue Reading

For the world's largest oil companies, referred to as big Big Oil, this calls for a 30 % cut to capital expenditures, just to get the free cash - flow generation back to an acceptable level.

PetroChina is China's largest oil company.

EcoPetrol is Colombia's largest oil company and is 445 on the Fortune Global 500 list.

EMERGING MARKETS ROUNDUP By Kim Iskyan In December, Mikhail Khodorkovsky, one of Russia's most high - profile political prisoners and the former CEO of Yukos Oil — at one point Russia's largest oil company — was abruptly released.

Buffett's company had about 1.28 million shares of Exxon, the world's largest oil company, as of Sept. 30, Omaha, Nebraska - based Berkshire said today in a regulatory filing disclosing U.S. equity investments.

Even now Saudi Arabia is finalizing its upcoming sale of an intended minority stake in the largest oil company in the world, their Saudi Aramco state oil company.

Yet a newly delayed initial public offering of the world's largest oil company, Saudi Aramco, has some wondering who, exactly, is in charge.

China's largest oil company, PetroChina, could lay claim to having hit a market capitalization even higher than Apple's, because of the particularities of the Chinese stock market.

Russian equity prices weakened towards the end of October following the arrest of the chief executive of Russia's largest oil company and the freezing of some of its shares.