Sentences with phrase «national oil company»

Today's «Big Five» possess less than 5 % of global reserves — national oil companies control most of the rest.

A regular foreign investor might well want some sort of extra risk premium, as is often the case with national oil companies.

The Abu Dhabi National Oil Company announced plans to take some of its services businesses public on Monday.

Representation of an LNG exporting national oil company in connection with its acquisition of a 70 % equity interest in a Gulf of Mexico LNG receiving terminal and associated natural gas pipeline.

The ongoing representation of a US oil and gas drilling company in US and Venezuelan litigations against the Republic of Venezuela and the Venezuelan national oil company for takings in violation of international law and breaches of contract under the expropriation and commercial activities exceptions of the Foreign Sovereign Immunities Act.

A similar bid by Chinese national oil company CNOOC in 2012 for Canadian oilsands company Nexen was successful but was controversial.

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.

Unlike oilsands producers, Talisman is still fair game for foreign national oil companies under federal rules introduced late last year.

Representing four Asian national oil companies against a European private oil company in a joint venture dispute concerning the operation of an Indonesian oil block.

In prepared remarks, John Lowe, executive vice president of exploration and production for Houston - based ConocoPhillips, the number three U.S. oil and gas company behind ExxonMobil and Chevron, told the Senate Judiciary Committee last week that 75 percent of the world's available oil reserves are «completely controlled by national oil companies and are not accessible.»

According to the Fortune 500 Ranking, Sinopec ranks 4th among global oil companies by revenue, following Shell (which is in partnership with SaudiAramco, a Saudi SOE) ExxonMobil and BP (formerly state owned), and ahead of China National Oil Company, Chevron, Conoco Phillips, Total (formerly state owned) and Gazprom (effectively state owned).

Statoil, the Norwegian national oil company, extracts carbon dioxide from natural gas and pumps 2,800 tons of it every day 3,000 feet below the North Sea floor, trapping it in sandstone.

-- PEMEX, Mexico's national oil company owned and operated by the Mexican government, is Seahawk's largest customer.

Walter Youngquist and A.M. Samsan Bakhtiari of the Iranian National Oil Company both project that oil will peak in 2007.

Hot on the heels of Exxon Mobil's failure to hang on to the $ 12bn worldwide freezing injunction ordered by the English court against PDVSA, the Venezuelan national oil company, an attempt at freezing the assets of the Republic of Bolivia and its telecommunications company, Entel, has recently been thrown out by the English court.

Prior to joining BofA, Dulá has held senior posts at Pemex, the Mexican national oil company, as well as Goldman Sachs.

PetroChina's purchase of the 40 % of the McKay River oilsands project it doesn't already own from Athabasca Oil Sands is just the latest example of China's national oil companies snapping up Canadian energy reserves.

Isabel Dos Santos, the woman listed by Forbes as Africa's first female billionaire, has been unceremoniously fired from her post as head of Angola's national oil company Sonangol, according to newswire reports.

All the while, the industry thrived financially under a combination of high oil prices, low natural gas prices (a major input cost), recession - induced relief from cost inflation and a reduced cost of capital as majors and foreign national oil companies gobbled up wobbly juniors.

As you've seen before here in Oil & Energy Investor, national oil company PDVSA looms large in this unfolding crisis.

«They have $ 3.5 billion in national oil company debt coming due in October - November.

Earlier this morning, news reports citing National Oil Company (NOC) sources said production had resumed at Sharara, following a three - day blockade of the pipeline that feeds crude to Zawiya export terminal.

Many national oil companies are resource - rich but cash poor and to develop their fields they would like to partner with an oil - field service company that can help finance the exploration and development.

Global Witness and Human Rights Watch published searing investigations of the opaque oil system and the links between Sonangol, the powerful national oil company, and the presidency.

This spring, the Japanese National Oil Company, one of the partners in the Mallik Project, will also begin its own hydrate - drilling project off the coast of Japan.

The recent price bubble may well have burst, but our own inane drilling restrictions and all the corrupt, inefficient national oil companies in the world insure that we will remain vulnerable for many years.

Mexico's national oil company serves as a case study to demonstrate that substantial potential exists to use sectoral offsets to achieve cost - effective emissions reductions.

For example National Oil Companies such as Saudi Aramco may have decades of proven reserves, but could never produce them all within the next 15 - 20 years.

As a result, national oil companies accounted for 44 percent of overall upstream investments, an all - time high.

We can debate that later, but until we do, keep in mind national oil companies manage over 90 % of the world's oil, and 16 of the 20 largest oil companies in the world are state owned or controlled.»

a South American national oil company in a US$ 500 million post-acquisition arbitration governed by New York law

Advising on the settlement between the Karachaganak consortium (BG, Eni, Chevron and LUKoil) and the Republic of Kazakhstan, including the US$ 3bn transfer of 10 per cent of the consortium's interests to national oil company KazMunayGas.

However, the resurgence of interest from Asian and specifically Chinese national oil companies has introduced the prospect of new projects to replace those «European» projects placed on hold.

HOUSTON, April 6 - Saudi Arabia's national oil company Saudi Aramco on Saturday is expected to disclose initial steps toward a multibillion - dollar chemical plant in Texas, according to sources familiar with the company's U.S. operations.

Ten workers and I head off to Sleipner, a platform run by the Norwegian national oil company, Statoil.

The plaintiff alleged his arrest resulted from Iranian government efforts to force him to pay a percentage of his consultant's commission from a joint venture between the Iranian national oil company and a foreign consortium.

Most of China's crude imports are bought on long - term contracts between China's major oil companies and foreign national oil companies.

- Managed Major Pipeline Contracts over $ 98M with National Oil Companies (NOC's) in Latin America - Foun...

Mining giant Woodside Petroleum will expand its presence off the Moroccan coast after entering into a contract with the country's national oil company for a licence to explore another block of the Doukkala basin.

Stephen has advised Nigeria's national oil company in a long - running case in the Commercial Court in London: IPCO (Nigeria) Ltd v Nigerian National Petroleum Corporation.

China and its national oil companies, meanwhile, have become especially interested in stable countries like Canada and Australia since the Arab spring.

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 Ramco.

• Abu Dhabi National Oil Company, the United Arab Emirates» state - owned oil company, has chosen First Abu Dhabi Bank, HSBC, Bank of America Merrill Lynch, and Citigroup to help with the IPO of its retail unit, Reuters reported citing people with knowledge of the matter.

Despite the dominance of the national oil company, Petróleos de Venezuela (PDVSA), its oil industry was for a long time professionally run.