Sentences with phrase «largest oil companies over»

New York City is suing five of the largest oil companies over the billions of dollars it spends protecting the city from the effects of climate change, and it plans to divest its pension funds» $ 5 billion in assets involving fossil fuel producers, Mayor Bill de Blasio announced Wednesday.

Not exact matches

In a separate report focusing on larger integrated oil companies, Moody's came to a similar conclusion — that the substantial improvement in the financial position of the oil industry over the past year is poised to slow down.
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.
«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
While its easy to get caught up in all the negativity surrounding the company regarding lawsuits over their oil spill, the company is still generating large profits and remains committed to steadily increasing their dividend.
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 circOver 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 circover climate risk has shot up in financial circles.
One other news item of note from Marathon Oil this quarter was that the company announced it leased 250,000 acres of land in new resource plays over the past year, including a large position in the emerging Louisiana Austin Chalk play.
The bottom line: In today's economic environment, I would still favor stocks over other assets, but I would focus on pockets of value within the stock market, including Asian equities and large, integrated oil companies.
Rosneft has taken over TNK - BP in a $ 55bn (# 36bn) deal that will make the Russian state - owned oil company by far the world's largest listed oil producer.
A recent report by the Center for American Progress found that over the past decade, five of the world's top 10 oil companies — ExxonMobil Corp., Chevron Corp., BP PLC, Royal Dutch Shell Group, and ConocoPhillips Co. — and other large traditional energy companies with a direct commercial stake in future energy markets have forged dozens of multi-year, multi-million-dollar alliances with top U.S. universities and scientists to carry out energy - related research.
For Ines, business and work are the most important thing in life, dealing with the contracts of a large oil company and the sexist males who seem to value their work over hers.
Over the last few months, a consensus has gelled that lower crude oil prices, if not these very low prices, will persist for a longer time, and that has led to significant cuts in spending — 30 to 50 percent for independent companies, and about 10 to 15 percent for the large companies.
All three of the largest anti-nuclear groups in the United States have budgets over $ 100 million per year and receive funding from oil, gas, solar and wind investors, or are invested in oil and gas, and renewable energy companies.
During that time, oil revenues soared, Exxon took over Mobil for US $ 82 billion and in 2005, the combined company earned the largest profit in human history at $ 36 billion.
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.
Given the sheer amount of hazardous and toxic substances released to air, water, and land over such a large area along the Texas coast, it is reasonable to expect that ExxonMobil, along with other oil and gas companies affected by Harvey, will be named as defendants in a class - action suit for failing to take proper precautions to prevent these releases.
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.
«U.S. oil and coal companies, including ExxonMobil, the American Petroleum Institute, Koch Industries, and the world's largest coal - burning utility, Southern Company, have contributed more than $ 1 million over the past decade to his research.
Serendipol has grown into a large coconut oil company that produces 2,600 metric tons of oil annually, made from coconuts grown by 1,200 farmers, and that number is set to double over the next two years.
For example, I foresee it as much more politically likely that costs will be born by US taxpayers over oil companies with cosmically large profits, even though those companies were profiting from the very problem being addressed.
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.
Wylie also spoke about Cambridge Analytica's contact with Russia's second - largest oil company, Lukoil, over some questionable project proposals.
a b c d e f g h i j k l m n o p q r s t u v w x y z