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 releas
Oil — at one point Russia's
largest oil company — was abruptly releas
oil 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 Aristocra
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 Aristocra
oil 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 g
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 g
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 g
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 g
oil 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 cou
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 cou
largest 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 o
Oil 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.