Sentences with phrase «losses for oil companies»

As the potential losses for oil companies could lead toward perilous catastrophe for the fossil fuel industry, how will oil companies engage in preparation to COP21?

Not exact matches

Chief Executive Bob Dudley is in line for a $ 19.6 million compensation package for 2015, a year in which shrinking profit margins triggered by sharp falls in the price of oil led to more than 5,000 job losses at the oil and gas company.

The vow came as the Calgary - based company blamed clogged export pipelines for its worst heavy oil price discounts in five years during the first three months of 2018, contributing to a higher - than - expected $ 914 - million net loss in the first quarter.

Banks and utility companies slipped, and energy companies took losses as oil prices fell for the fourth day in a row.

As its name suggests, the oil and gas producer focuses entirely on prospects within the state of California, and the crude oil price declines in 2015 created massive losses for the small exploration and production company.

Malaysia's Petroliam Nasional Bhd, or Petronas, reported a fourth - quarter net loss on Monday and announced spending cuts for the next few years, as the state oil company braces for a Continue Reading

At a time when the conversation around palm oil centres on deforestation, fires and habitat loss — and global demand shows no signs of abating — several companies have come together to create Palm Done Right, a new standard for ethical palm oil production...

But Labour have claimed that oil companies will merely recuperate their losses from the extra tax by raising petrol prices, negating the proposed cost - of - living savings for families.

So... while (1) subsidies for businesses (like the oil companies» outrageous subsidies) are a CREDIT or GAIN from the perspective of businesses, they most certainly can be called (2) handouts or foregone income or SPENDING from the government's perspective... which is a DEBIT or LOSS for the government.

The decision by the Bulk Oil Storage and Transport Company Limited (BOST) to compete with the private sector in the downstream petroleum products distribution sector has resulted in huge losses for the state - owned cCompany Limited (BOST) to compete with the private sector in the downstream petroleum products distribution sector has resulted in huge losses for the state - owned companycompany.

The strength of the company following Exxon's merger with Mobil put the company on a trajectory for perpetual dividend growth, as it would take sustained oil prices in the $ 30s for Exxon Mobil to incur a loss on operations.

For example, an oil company that has reported sustained losses over several quarters due to falling oil prices may see its investment - grade bonds downgraded to junk status due to increasing risk of default.

The immediate negative effects of palm oil plantations are clear: loss of critical land and water resources for forest - dependent communities; increased conflicts between customary land owners and palm oil companies; and mass deforestation resulting in habitat loss for some of the world's most engendered species.

Meaning that if crude oil continues to stay below $ 75 for long, oil companies likely will suffer serious losses.

And I am certain they could not secure a bond for oil company losses while the case is litigated.

«Oil, coal and gas companies that extract fossil fuels from the ground sell it for trillions of dollars of profits a year, and essentially outsource the true cost of their products onto the poor people who face climate change loss and damage,» she says.

Shell still must receive permits for individual wells, a hurdle that hinges on the company's oil spill response plan and the certification of its containment system, which is designed to capture flowing liquid hydrocarbons in the event of a loss of well control.

Acted for Chevron USA, Union Oil Company of California and Kewanee Industries in the Fifth Circuit to defend the dismissal of a case alleging the defendants were responsible for land loss on the nation's coast.

Her Majesty The Queen, 2013 FCA 74 — Whether the relevant oil and gas company carried on an «active business» for allowable businesses investment loss rules.

There may be little respite for the Canadian oil and gas sector in the New Year, with as many as a third of the companies in the sector expecting to implement more painful job losses in 2016, while many of those still employed are suffering from «burnout and low morale,» according to the 2016 Hays Salary Guide.

There may be little respite for the Canadian oil and gas sector, with as many as a third of the companies in the sector expecting to implement more painful job losses in 2016, while many of those still employed are suffering from «burnout and low morale,» according to the Hays Salary Guide Survey.

Oil companies trying to stem losses have shrunk personnel and put sublease space on the market, but demand for the space just isn't there, with available subleases coming to market five times faster than new leases are being signed, according to a recent JLL report on Houston.