Sentences with phrase «largest oil companies ran»

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.

Not exact matches

With a market cap of about $ 25 billion at the time, the family - run oil and gas empire was the largest company Elliott had ever gone after, and it occupied a nostalgic place in American culture thanks to the novelty toy trucks it released each year at Christmastime.

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.

But Suncor's bread and butter is its Fort McMurray properties in northern Alberta, where the company runs the world's largest oil sands operation.

Dhahran is the largest of four communities run by the Saudi oil company Aramco.

He has for example acted in long - running litigation arising out of the privatisation of the railways of Kenya and Uganda, represented a European state in a dispute in relation to satellite surveillance services, a German bank in its claims arising out of a major fraud to sell non-existent tickets to the Beijing Olympics, a state oil and gas company in relation to a subsea drilling project in the Caribbean, and for a large Russian bank in a major jurisdictional dispute (VTB v. Nutritek).