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 circ
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 circ
over 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.