Sentences with phrase «large oil companies which»

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.

Not exact matches

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.
And yes, the Dow has a heavy component of large industrial and energy companies which have recently soared on expectations that President Trump and his administration will sponsor new infrastructure spending projects and oil pipeline expansion.
Investors who would prefer to play E&P companies more broadly could consider the iShares U.S. Oil & Gas Exploration & Production ETF, which focuses on large - cap companies and has an expense ratio of 0.43 %.
That's a sharp decline in two quarters, in large part attributable to the drop in oil prices, the effects of which are still working their way through company balance sheets.
Like many oil and gas producers, Paramount Resources, Clay Riddell's original and largest company, came storming back in 2016 after a miserable 2015, which saw Riddell lose his billionaire status.
This year's Fortune 500 generated a total of $ 944.5 billion in earnings, which are down 12.6 % from last year's record of $ 1.08 trillion, in large part because tumbling oil prices took a toll on the majority of the companies on the list.
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.
For instance, as oil and gas companies adopt a more agile way of working, they could become magnets for top millennial talent; millennials will accelerate the adoption of digital technologies, which could facilitate the dismantling of large corporate centers, which in turn allows for an even more agile workplace.
The French oil group, which is the parent company of U.S. solar manufacturer SunPower, is set to acquire a 74.33 % stake in France's third largest electric utility Direct Energie.
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.
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.
Thursday's fire overshadowed the company's financial results, which were less affected by large discounts for Canadian heavy oil than other domestic producers.
Another sector worth considering is energy, specifically the large integrated oil companies, which are starting to respond to recently rising oil prices.
Amnesty International and Human Rights Watch (HRW) say oil companies working in the delta, of which Shell is the largest, have overseen a «human rights tragedy».
The largest contributor to performance for the fiscal year was Apache, a global oil and gas exploration company, which returned 66 %.
One company with large investment in Colombian oil development is Harken Engineering of Houston, Texas, which George W. Bush helped manage when he was in the oil business.
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.
This phenomenon is painfully familiar to oil companies, which spend large sums of money minimizing such vibrations in order to stabilize offshore drilling equipment.
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.
But when oil prices are low, profits shrink, and capital expenditures consume a large portion of the company's retained earnings, which places a strain on the ability to increase the dividend payout.
Right now large oil and gas companies are trading at cash flow multiples of 9 to 10 times, which is on the high side.
While the government hopes to save 18 billion Reais (GBP # 4.1 billion; USD$ 5.5 billion) per year with social security reforms, they have just approved annual tax cuts of 50 billion Reais (GBP # 11.4 billion; USD$ 15.2 billion) for foreign oil companies willing to explore the pre-salt oil reserve (one of the largest in the world), the benefits of which were to be directed, by law, to public health and education.
As one of Indonesia's largest and most prominent forest products brands, APP and its parent Sinar Mas are a powerful force in Indonesian politics (Sinar Mas also owns Golden Agri Resources, one of Indonesia's largest palm oil companies, which in 2011 adopted a similar forest conservation policy).
For too long, oil companies have reaped massive profits through a monopoly over our transportation options, leaving people with few alternatives to fossil fuels — fuels which are by far Washington's largest source of climate and air pollution.
These lawsuits contend that large oil companies, which for decades have undertaken serious scientific inquiries into the environmental impacts of their industry, are downplaying or hiding data that as far back as the 1970s showed that carbon dioxide emissions would drive climate change.
This is important, market - driven progress on climate, which API and its member companies consider an important issue for constructive engagement — engagement that also is seen in approximately $ 90 billion in oil and natural gas industry investments in zero - and low - emissions technologies since 2000, nearly as much as the federal government and more than twice that of the next largest industry sector.
The above «Climate of Doubt» program qualifies as such with its blatant insinuation about skeptics corrupted by illicit money, as does its prior 2008 program «Heat», in which only unidentified skeptic scientists were shown while the narrator said «Not only have big oil companies not invested much in renewables, but for years they were among the largest contributors to so - called climate change denier groups, groups like the Heartland Institute, the organizer of this 2008 convention.»
Ney's amendment fell in line with the position of the Mercatus Center, which had been trying to weaken the Clean Air Act, and had the potential to benefit Koch Industries, Inc. — the largest private oil company in the United States and the Mercatus Center's largest beneficiary.
The Desmarais family and their Belgian partner, Albert Frere, are the largest shareholders in oil company Total, which hopes to take three billion barrels of oil from the Alberta tar sands over the next 30 years.
Charles G. Koch and David H. Koch have a vested interest in delaying climate action: they've made billions from their ownership and control of Koch Industries, an oil corporation that is the second largest privately - held company in America (which also happens to have an especially poor environmental record).
The first is that the price of gas, which is tied to that of oil, has dropped in Europe, squeezing the margins of the companies that are spending large sums setting up the supply line.
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.
Sen. Robert Menendez's subsidies - killing bill, which recently garnered majority support but fail to reach a filibuster - proof 60 votes in the Senate, just targeted the five largest oil companies.
«We support the company's interest in proceeding with this project, which will help address the bottleneck of oil in Cushing that has resulted in large part from increased domestic oil production,» the White House spokesman, Jay Carney, told reporters.
«This was a highly complex negotiation, involving commercial, tax, and international arbitration matters, which was conducted simultaneously in English and Russian with four of the largest oil companies in the world,» lead Curtis Mallet partner Gilioli said in a statement.
According to Chambers USA 2015, Thompson & Knight has «an enviable client base,» which includes the four largest US airlines, two of the largest medical device companies in the world, 13 of the 20 largest US oil and gas exploration and production companies, and the largest real estate investment trust in the world, among others.
She then advised African governments on investment strategy before becoming corporate counsel for AIM listed Equator Exploration which was eventually taken over by Oando Plc, the largest indigenous Nigerian oil company.
The practice's recent representations include: (i) CONMEBOL in connection with U.S. criminal investigations and prosecutions into allegations of bribery and corruption in the international soccer world; (ii) the Special Committee of Banco BTG Pactual S.A. («BTG Pactual») in an internal investigation of alleged corruption involving its former CEO and other bank executives, in which we found no basis to support the allegations against the Bank and its employees; (iii) two of the largest construction companies in Brazil in potential civil and criminal investigations and litigation involving the Petrobras bribery scandal (Lava Jato), the largest corruption scandal in Latin American history, involving allegations of over $ 2.5 billion in bribes and kickbacks; (iv) the Government of Brazil in a corruption matter involving former senior government officials and multiple jurisdictions; (v) the General Manager of one of the largest energy companies in Central America in connection with allegations of bribery in Guatemala; (vi) a Mexican high - ranking executive for Wal - Mart Stores, Inc. in connection with DOJ and SEC FCPA investigations against Wal - Mart; (vii) a large Argentinean oil company and its owner, one of Argentina's wealthiest individuals, in connection with high - profile DOJ and SEC investigations involving alleged FCPA violations to secure an extension of oil rights in an Argentinean oilfield; (viii) the United State's largest chemical and industrial products companies in an internal investigation of alleged corruption involving its Mexican subsidiary; (ix) the Rosenthal family, one of the most prominent families in Central America, in a number of related criminal matters; and (x) a senior executive of one of Venezuela's largest engineering companies in DOJ investigations into corruption and money laundering involving PdVSA.
Considered to be the energy capital of the world, five of the six super major energy companies maintain a large base of operations in Houston which www.resumewritingservice.biz wants to draw your attention to (international headquarters of ConocoPhillips; US operational headquarters of Exxon - Mobil; US headquarters for international companies Shell Oil (US subsidiary of Royal Dutch Shell located in London and The Hague, Netherlands), and BP whose international headquarters are in London, England.
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