Sentences with phrase «more oil companies»

The more oil companies frack and drill, the more wastewater they inject into disposal wells near active faults, which can trigger damaging earthquakes.

The more the oil companies pumped, the more tax money the state would receive, and the smarter state politicians would look.

Not exact matches

While energy companies have been shutting down wells in response to the present oil price slump, there are still more job openings than job seekers in this field, according to Job Bank Canada.

The stock has soared more than eight per cent over the past week on speculation the company could buy the retail operations of oil and gas giant Hess, which owns about 1,350 gasoline stations in 16 East Coast states.

Since then, it's been more timid than the two other Chinese state - owned oil companies, Sinopec and China National Petroleum Corp. (parent company of PetroChina) investing in North America.

Large oil companies like ExxonMobil, which in 2011 earned more than $ 40 billion, make no hiring or firing decisions based on government handouts, but startup green - energy companies will hire more engineers and technicians, more marketing professionals and managers if governments invest in them.

Oil companies have slashed spending, scrapped new projects, slashed tens of thousands of jobs, renegotiated supply contracts and increased borrowing in order to weather the more than halving of oil prices since June 20Oil companies have slashed spending, scrapped new projects, slashed tens of thousands of jobs, renegotiated supply contracts and increased borrowing in order to weather the more than halving of oil prices since June 20oil prices since June 2014.

And his goal is to diversify the economy and to create a much more dynamic place that is not dependent on oil revenues from the National Oil Company or Ramoil revenues from the National Oil Company or RamOil Company or Ramco.

Investors who would prefer to play E&P companies more broadly could consider the iShares U.S. Oil & Gas Exploration & Production ETF, which focuses on large - cap companies and has an expense ratio of 0.43 %.

Downstream companies make money on the difference between the price of crude and the price of the refined petroleum extracted from it (a difference known as the «crack spread»), while midstreaming is a volume business (ship more oil, earn more money).

The oil price collapse has made a number of companies more attractive.

Faced with falling oil prices, companies are turning to technology startups to make their rigs more efficient

So, while low oil prices will make this a trying quarter for the entire energy industry, companies with a more balanced portfolio of assets should fare better than the pure - plays.

For GE, the deal will help it focus more on the oil and gas sector, especially in North America, while shielding the parent company's earnings from the energy industry's boom and bust cycles.

The Greenlight Capital hedge fund manager is shorting oil services company Core Laboratories (clb), whose stock fell more than 2 % after his presentation.

Chinese oil companies thereafter directed more of their capital into stabler countries like Canada and Australia, notably with the $ 15 - billion acquisition of Nexen Inc. in late 2012.

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.

That is because banks, private - equity firms and institutional investors have continued to pour money into the sector even as oil companies slashed billions of dollars in spending from their budgets and laid off more than 100,000 workers.

The oil company is committed to continuing the drive to raise even more money to help its Texas neighbors.

It also means that over the next year, Apple will be paying more back in dividends than any other publicly traded company, beating out oil giant Exxon Mobil for the position, according to Howard Siliverblatt, veteran market watcher and senior index analyst at S&P Dow Jones Indices.

Despite a rapid growth approach to new markets, Sim says that the company made a strategic decision to defer entry into more challenging markets, such as China, where many domestic oil - and - gas firms already use similar software programs.

The EPA's recent move to roll back automobile fuel efficiency standards benefits almost no one except auto manufacturers, who save on R&D costs, and oil companies, for whom greater fuel consumption translates into more revenues.

Pardy expects we'll see a gradual shift out of integrated oil companies and into riskier, more volatile exploration - and - development and oilfield services stocks that can offer more upside, although he stresses that you can't lose sight of the companies» balance sheets.

But if support this year exceeds 50 percent, the oil company likely would do more to explain potential business impacts from having to meet the Paris agreement's temperature goal.

The companies say the pipeline would carry Bakken shale oil more cheaply and safely from North Dakota to Illinois en route to U.S. Gulf Coast refineries than it could be shipped by railroad or tanker trucks.

Eventually, Jenkins says, Saildrone could have enough drone boats to be able to predict the world's weather with more precision than traditional satellites — something that private companies in shipping, oil, and plenty of other industries would surely want.

«So every year this company spits out a lot more free cash flow than your typical oil major,» Kirby says.

Prior shareholder letters insisted the proposals were misguided or ignored the company's efforts to spell out its position that even a world intent on limiting temperature rises would still need more oil — a position shared by bodies such as the International Energy Agency, which sees oil demand rising for some years to come yet.

That would give the company an even more dominant position in the pits north of Fort McMurray, which even some Calgary financiers consider a sunset industry in light of low oil prices and international pressure to reduce carbon dioxide emissions.

Saildrone says that it could eventually have enough drone boats to predict the world's weather with more precision than traditional satellites — something that private companies in shipping, oil, and plenty of other industries would surely want.

Moody's studied 37 oil and gas companies in Canada and the U.S., concluding that although the oil industry has dramatically slashed its cost of production in the past three years and is currently in the midst of posting much better financials this year, there is little room left for more progress.

The oil price recovery to more than $ US60 a barrel appears to be accelerating one of the biggest corporate shuffles ever by a Western Australian company, with Seven Group getting ready to consolidate ownership of the oilfields of South Australia.

Foreign oil companies would refuse to dish out any more money to develop the country's resources if it knew that it could be kicked out at any moment by overzealous prosecutors in small towns.

Oil service companies are getting hit because they are focusing their efforts on offshore drilling, an industry struggling due to low oil prices that can not justify conducting more typically lucrative deep - water drilling projecOil service companies are getting hit because they are focusing their efforts on offshore drilling, an industry struggling due to low oil prices that can not justify conducting more typically lucrative deep - water drilling projecoil prices that can not justify conducting more typically lucrative deep - water drilling projects.

It's easy to think of cost inflation as the oil companies» problem and the workers» benefit, but in reality there are about 35 million more stakeholders to consider.

Exxon is the largest U.S. oil company, but its stock is down more than 9 % since last summer due to the huge drop - off in worldwide oil prices.

The US is already outproducing Libya, Qatar, Ecuador and Gabon; in 2017, US companies could ship more oil overseas than those OPEC nation pump out of the ground.

Richard Sawaya of the National Foreign Trade Council estimates the provision in question could force American companies to exit more than $ 100 billion worth of offshore oil and gas projects worldwide.

The new company will be led by the president of EQT's midstream business, Jerry Ashcroft, who has more than 15 years of experience in the oil and gas industry, according to EQT.

It will help small to medium - sized American oil companies like Continental Resources, Oasis Petroleum, and Whiting Petroleum get their product to market faster, safer, cheaper, and more efficiently, compared to alternatives, like rail.

Mr. Pruitt's office has apparently acknowledged 3,000 emails and other documents reflecting communications with certain oil and gas companies, but has yet to make any of these available in response to a Freedom of Information Act request filed more than two years ago.

In contrast to a commodity such as oil, though, a company can produce more chips at will, and they often do.

«The only thing that there's agreement on is that it's a lot more challenging than the old math,» says Dan Yergin, the vice chairman of information and analytics company IHS and the author of the essential oil - history tomes The Prize and The Quest.

CALGARY — The first phase of Imperial Oil Ltd.'s Kearl oilsands mine will cost $ 2 billion more than its most recent estimate as the company faced issues transporting Korean - made modules to the mine site in northern Alberta and contended with harsh weather during startup.

CNBC's Jackie DeAngelis reports on pipeline companies working to build out infrastructure within our borders that could move more oil than Keystone.

Canadian companies, which sell oil priced in U.S. dollars but pay costs in loonies, will also benefit from a rising greenback and, ultimately, that more resilient heavy oil price, adds Stelmach.

The «Mad Money» host has seen a few bearish signs lingering in the oil patch that have caused him concern, and he's starting to think companies are in more trouble than they realize.

Loblaw Companies Ltd. and Imperial Oil Ltd. announced Tuesday they have signed a deal that will allow PC Optimum members to earn points at more than 1,800 Esso gas stations effective June 1.

Depending on where you live, there's legislation pending that will levy more regulations and taxes on fracking, which in a time of rapidly falling oil prices could significantly hurt local energy companies that provide jobs and work for small businesses.

A distribution deal with French oil company Total helped boost monthly production from less than 30,000 to more than 500,000.