Sentences with phrase «largest oil company by»

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.

Not exact matches

In the first decade of the century, the large integrated oil companies traded at an average discount of between 11 % and 12 % compared to their pure - play competitors, according to a study conducted at the time by Citi Investment Research and Analysis.
The world's largest publicly - traded oil and gas company by market value has ridden out a collapse in crude prices better than most, its vertically - integrated model allowing downstream businesses to capture the value that upstream operations lose when oil prices are low.
Months of deliberations behind closed doors at Shell headquarters in The Hague, Netherlands, had led the top brass at the world's largest non-state-owned oil company by sales to conclude that the energy industry was changing fundamentally — in a way that could turn the profitable oil - sands operation into a liability.
China's Sinopec, Asia's largest refiner, plans to cut Saudi crude oil imports loading in May by 40 percent after national oil company Saudi Aramco set higher - than - expected prices, an official from the company's trading arm Unipec said.
HOUSTON ConocoPhillips, the world's largest independent oil and gas exploration and production company, posted a bigger - than - expected first - quarter profit on Thursday, helped by rising crude prices and cost cuts.
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.
Not surprisingly, we see the year 1993 as dominated by integrated oil companies, consumer giants, and then, the world's largest company, but now a very broken conglomerate, General Electric (GE).
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.
The fourth - largest and eighth - largest companies by market capitalization are also oil and gas stocks: PetroChina (NYSE: PTR) and Royal Dutch Shell (NYSE: RDS.B).
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 releasOil — at one point Russia's largest oil company — was abruptly releasoil company — was abruptly released.
Thursday's fire overshadowed the company's financial results, which were less affected by large discounts for Canadian heavy oil than other domestic producers.
Australian Stock Exchange — April 21, 2016 and May 4, 2016 The largest and the smallest oil & gas companies in the S&P / ASX 50 by market capitalisation, Woodside Petroleum and Santos, respectively, like about every other oil & gas company in the world been hit hard by the slump and continued volatility in oil prices.
The Kuwaiti government gave the go - ahead to a request by the Kuwait Petroleum Corporation (KPC) to create what would be the country's largest oil company, according to ArabianBusiness.com on Continue Reading
CORPORATE FINANCING NEWS By Gordon Platt From a supergiant oil field in Kazakhstan to the world's largest producer of potash fertilizer in Russia to an African iron mine, China has scooped up stakes in major resource and agricultural companies in...
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.
At the immersion, beginning at cockcrow, the bishop was assisted by presbyters and deacons, one of the latter going into the water naked with the neophytes After the neophytes had dressed themselves and joined the larger company, the bishop confirmed them with the laying on of hands and anointment with consecrated oil.
However, rain forests and peat lands in palm oil producing countries are under pressure — particularly in Indonesia and Malaysia — and in response, many of the world's largest retailers and food companies have pledged to convert entirely to sustainable palm oil by 2015.
In a speech delivered by Jereh Group's Chairman and Co-founder, Mr. Sun Weijie stated that, «as one of China's largest independent oil and gas companies, Jereh Group will harness its resources and capabilities into numerous other opportunities within the Ghanaian energy sector.
By 1973, however, oil company scientists had turned up evidence of a large offshore fault 2.8 miles west of the plant, requiring PG&E to spend $ 2.2 billion on re-engineering to withstand a 7.5 - magnitude quake.
Greenpeace also claims that Sud - Cameroun Hevea, a company owned mostly by Singapore's GMG, is developing rubber and palm oil plantations that threaten the Dja Faunal Reserve, a UNESCO World Heritage site and one of the largest and best protected rainforests in Africa.
Also at stake are a number of high profile U.S. politicians who have staked, to a large degree, their upcoming reelection by campaigning on the claimed successes of the oil and gas companies operating within their state's shale formation.
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.
The comment taken from the leftist rag the Guardian, «Scientists and economists have been offered $ 10,000 each by a lobby group funded by one of the world's largest oil companies to undermine a major climate change report due to be published today»...
Dhahran is the largest of four communities run by the Saudi oil company Aramco.
A descendant of John D. Rockefeller's Standard Oil, today's Exxon Mobil (XOM, $ 78.09) remains one of the world's largest oil companies and is the single biggest company by market value among the 53 Dividend AristocraOil, today's Exxon Mobil (XOM, $ 78.09) remains one of the world's largest oil companies and is the single biggest company by market value among the 53 Dividend Aristocraoil companies and is the single biggest company by market value among the 53 Dividend Aristocrats.
State - controlled oil producer OAO Rosneft said it has paid back $ 7 billion of a bridge loan it had taken to acquire TNK - BP, the largest foreign debt repayment by a Russian company since Western sanctions were imposed.
One reason may be that management had a clear incentive to find a buyer outside the industry; purchase by a larger oil & gas company could only mean management would quickly become redundant.
So every dollar you invested into the largest oil company in the world (by revenues) would be collecting $ 0.136 in annual income.
A century long struggle to gain full control of its natural resources and refining capacities has been punctuated by many events: from the exploits of the Anglo - Persian Oil company (later to be known as British Petroleum or BP), in the early part of last century; to the CIA backed overthrow of the first democratically elected government in the 1950s, after it nationalized the country's oil fields; to the destruction toll of several oil installations during the decade long Iran - Iraq war; to current pressures by large international firms to negotiate contracts for the exploitation rights of oil and gOil company (later to be known as British Petroleum or BP), in the early part of last century; to the CIA backed overthrow of the first democratically elected government in the 1950s, after it nationalized the country's oil fields; to the destruction toll of several oil installations during the decade long Iran - Iraq war; to current pressures by large international firms to negotiate contracts for the exploitation rights of oil and goil fields; to the destruction toll of several oil installations during the decade long Iran - Iraq war; to current pressures by large international firms to negotiate contracts for the exploitation rights of oil and goil installations during the decade long Iran - Iraq war; to current pressures by large international firms to negotiate contracts for the exploitation rights of oil and goil and gas.
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.
Second Largest Privately - Held US Corporation If you haven't heard of Koch Industries, its an oil company controlled by David and Charles Koch and is the second largest privately held corporation in the United States, with operations in about 60 couLargest Privately - Held US Corporation If you haven't heard of Koch Industries, its an oil company controlled by David and Charles Koch and is the second largest privately held corporation in the United States, with operations in about 60 coulargest privately held corporation in the United States, with operations in about 60 countries.
Supported by some of the nation's largest energy companies, as well as by the New York State Energy Research and Development Authority, the drilling program seeks new technologies that develop gas and oil in a safe and environmentally friendly manner... [Read the rest.]
by Gas & Electricity The «Climate Change Coalition Common Interest Agreement» was signed by state attorneys general in May, two months after they held a press conference to say they would go after Exxon, the world's largest publicly - traded oil and gas company, and possibly other companies.
Purportedly set up to represent «small, independent oil and natural gas producers,» instead «Energy in Depth» is funded by some of the largest oil companies on the planet, such as Chevron, BP, Shell and Occidental, along with the American Petroleum Institute and other trade associations.
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.
«ExxonMobil, the world's largest and most powerful oil company, knew everything there was to know about climate change by the mid-1980s, and then spent the next few decades systematically funding climate denial and lying about the state of the science.»
Add to that the laughably absurd notion of the vast right wing conspiracy funded by eeevil oil companies, and it's no small wonder that otherwise disinterested observers (e.g. me) conclude that by and large the alarmist contingent spends their days wearing tin foil hats whilst congratulating themselves on their superior intelligence.
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.»
A sizable portion of Klein's funds come from the IPOC Group, an international growth fund owned by Russian minister of telecommunications and Putin friend Leonid Reiman; Spectrum Partners, a Moscow - based energy investment firm with major assets in Russian oil and gas; Rosneft, the Russian - government - owned oil and gas giant that is one of Wakefield's largest clients; and other Russian companies.
The oil companies bring enormous cash reserves, years of experience in large projects, and a can - do spirit to an alternative - fuels industry that has largely been driven by speculators, small developers, and utilities.
The second largest Canadian company by market cap, this company mainly deals in the extraction of Canada's carbon - instesive oil sands.
As I documented extensively in my book Heat, and as sites like DeSmogBlog and Exxonsecrets show, there is a large and well - funded campaign by oil, coal and electricity companies to insert their views into the media.
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.
Russia's Oil Sector is dominated by large joint - stock companies, although smaller independent producers also produce oOil Sector is dominated by large joint - stock companies, although smaller independent producers also produce oiloil.
Scientists and economists have been offered $ 10,000 each by a lobby group funded by one of the world's largest oil companies to undermine a major climate change report due to be published today.
Beginning in 2002, Soon's funding mostly came from oil companies, including Southern Co, one of the largest coal burners in the United States, and the American Petroleum Institute, according to documents uncovered in a Freedom of Information Act request by Greenpeace and seen by Reuters.
On this matter — the subject of a criminal investigation by at least two state Attorneys General for this failure — the largest publicly traded oil and gas company in the world has been silent.
One thing I've learnt from decades inside boardrooms, is that, by and large, oil, coal and gas companies live in an analytical bubble, deluded about their immortality and firm in their beliefs that «renewables are decades away from competing» and «we are so cheap and dominant the economy depends on us» and «change will come, but not on my watch».
«It's true that governments by and large have been politically paralyzed because the energy companies, the coal companies, the oil companies, the coal - burning utilities, they have spent enormous amounts of money and they have succeeded in many countries in paralyzing the political process,» the former vice president said.
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