Sentences with phrase «new oil contracts»

Iran will present its new oil contracts during a scheduled conference in February 2016 in Tehran.

Not exact matches

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.

The energy market could have a new benchmark oil price when Dubai launches its Middle East sour crude futures contract as an alternative to New York's NYMEX light crude oil futures and London's IPE Brent crude onew benchmark oil price when Dubai launches its Middle East sour crude futures contract as an alternative to New York's NYMEX light crude oil futures and London's IPE Brent crude oNew York's NYMEX light crude oil futures and London's IPE Brent crude oil.

Clough Ltd has been awarded a $ 170 million contract from OMV New Zealand Ltd, operating partner of the Maari oil field, off the NZ coast.

The United Nations Security Council on Monday unanimously approved new sanctions against North Korea, the harshest yet — capping North Korea's oil imports, banning textile exports, ending additional overseas labor contracts.

These risks include, in no particular order, the following: the trends toward more high - definition, on - demand and anytime, anywhere video will not continue to develop at its current pace or will expire; the possibility that our products will not generate sales that are commensurate with our expectations or that our cost of revenue or operating expenses may exceed our expectations; the mix of products and services sold in various geographies and the effect it has on gross margins; delays or decreases in capital spending in the cable, satellite, telco, broadcast and media industries; customer concentration and consolidation; the impact of general economic conditions on our sales and operations; our ability to develop new and enhanced products in a timely manner and market acceptance of our new or existing products; losses of one or more key customers; risks associated with our international operations; exchange rate fluctuations of the currencies in which we conduct business; risks associated with our CableOS ™ and VOS ™ product solutions; dependence on market acceptance of various types of broadband services, on the adoption of new broadband technologies and on broadband industry trends; inventory management; the lack of timely availability of parts or raw materials necessary to produce our products; the impact of increases in the prices of raw materials and oil; the effect of competition, on both revenue and gross margins; difficulties associated with rapid technological changes in our markets; risks associated with unpredictable sales cycles; our dependence on contract manufacturers and sole or limited source suppliers; and the effect on our business of natural disasters.

New oil - related contracts in southern Iraq helped the international division expand rapidly during Garda's last year as a publicly traded company.

The Shanghai oil futures contract is similarly designed to wrest some control over pricing from the main benchmarks in New York and London — West Texas Intermediate (WTI) and Brent — and to promote the use of the yuan, also known as the renminbi.

The new contracts will come when oil is roughly half that price, a drop in value that could reduce pipeline operating revenue by millions of dollars a day and ruin the pipeline's business strategy.

While the official goal of the new futures contract is to establish a regional benchmark for more useful pricing of the crude grades prevalent on the Chinese market, analysts see the yuan oil futures as a step toward China seeking wider acceptance of its currency in global trade, including the oil trade, and establishing a petro - yuan that could challenge, in the future, the dominance of the petrodollar.

Crude oil futures in the June contract settled last Friday in New York at 67.33 a barrel while currently trading at 68.35 up about a $ 1 for the trading week hitting a 3 1/2 year high & in yesterdays trade prices went up as high as 69.55 before profit - taking ensued.

The new International Energy Exchange (INE) in the Shanghai Free Trade Zone has admitted more than 150 Chinese futures companies and is registering foreign firms to trade an oil - futures contract denominated in renminbi, according to a client bulletin from Linklaters in Hong Kong.

Short - to - medium - term cash flow stabilized by attractive and profitable contracts While demand for frack sand is likely to decline due to the crashing price of oil, there is cause for optimism that the decline in demand might not be as severe as the overall decline in new oil drilling.

Some of this new capacity is already under contract, but if oil prices remain low for several years, expiring contracts might be replaced with new deals for less demand, and at far less favorable prices.

Several international oil companies have already shown interest in the new contracts.

Iran's new contract model aims to induce international oil companies to participate in joint venture projects.

While Chinese and Russian companies are now worried about the security of their existing contracts, European oil firms expect to benefit with new business and a larger share of the Libyan oil market.

Though the Eni chairman, Giuseppe Recchi, has warned that it will take time to get the oil flowing freely again, he is confident that the new Libyan government will honour the contracts of the Gaddafi regime.

Catsimatidis, who owns United Metro Energy Corp., is building a new biodiesel - processing facility in Greenpoint, and was already awarded a $ 62 million contract last year that provided city government with «heating oil, bio-blend and bio-heat bulk deliveries,» records show.

- Administering the New York State and Local Retirement System for public employees, with more than one million members, retirees and beneficiaries and more than 3,000 employers; - Acting as sole trustee of the $ 129 billion Common Retirement Fund, one of the largest institutional investors in the world; - Maintaining the State's accounting system and administering the State's $ 12.6 billion payroll; - Issuing reports on State finances; - Managing the State's assets and issuing debt; - Reviewing State contracts and payments before they are issued; - Conducting audits of State agencies and public benefit corporations; - Overseeing the fiscal affairs of local governments, including New York City; - Overseeing the Justice Court Fund and the Oil Spill Fund Acting as custodian of more than $ 9 billion in abandoned property and restoring unclaimed funds to their rightful owners;

Musician and New Patriotic Party sympathizer (NPP), A-Plus, has told Citi News that he is in the process of terminating his contract with Ghana's Bulk Oil Storage and Transportation Company (BOST), which allows him to transport oil across the country on behalf of the compaOil Storage and Transportation Company (BOST), which allows him to transport oil across the country on behalf of the compaoil across the country on behalf of the company.

As a result, Russia's newly privatised oil production companies were unable to negotiate new contracts with their Baltic customers.

«The new oiling companies in Mexico, a result of the energy law reform, certainly include the IOR - EOR in their development plans in the fields that will operate through contracts signed with the CNH.

As the assumed heir to the throne of an unnamed Middle Eastern country, Nasir has recently approved a new drilling contract with a Chinese oil company in favor of the U.S. - owned Connex, thus threatening the pending merger between Connex and Killen, another Texas - based oil company run by executive good - «ol - boy Jimmy Pope (Chris Cooper).

It was the winter of 2010 and Jade, 43 at the time, had just gotten a new job contract with a large oil company in Northern Alberta.

A stronger U.S. dollar was also partly responsible for pushing the January crude oil contract on the New York Mercantile Exchange down $ 2.79 to US$ 63.05 a barrel on Monday.

In 2017, oil futures contracts in New York and London outstripped physical trading by a factor of 23.

The January crude contract on the New York Mercantile Exchange fell 99 cents to US$ 59.95 a barrel, adding to a loss of almost $ 3 racked up Wednesday after OPEC cut its forecast for global demand for the cartel's oil.

Because of this, it must roll into new contracts as the old ones near expiration, which leads to frictional trading costs as well as losses when the oil market is in contango.

The New York Mercantile Exchange said on Tuesday it will increase margins for its crude oil and related futures contracts, beginning at the close of business on Wednesday.

Options to buy oil for $ 200 on the New York Mercantile Exchange rose 10-fold in the past two months to 5,533 contracts, a record increase for any similar period.

Prior to joining Lewis Wagner, Meghan was an associate in the New York firm Traub Lieberman Straus & Shrewsberry's insurance coverage group, where she represented insurance company clients in insurance coverage litigation, and advised insurers on exposure and liability issues in wide array of tort and commercial contexts, including mass tort and class action litigation involving pharmaceuticals, chemical, transportation, news and entertainment, and oil and gas; environmental suits; FDA compliance claims; unfair competition and false advertising claims; intellectual property claims; construction defect; personal injury; product liability; and associated breach of contract claims.

Iraq (the new government) moved to dismiss for lack of subject matter jurisdiction, arguing that it was not a party to the contracts (rather SOMO was) and that the alleged breaches did not have direct effect on the U.S. because the place of performance was Iraq and that there was no evidence that any oil would go to U.S. customers.

Advised an international oil and gas corporation on the launch of a new product, focusing particularly on product liability, health and safety, regulatory law and general contract and tort issues.

MBF Commodities Corp., New York NY 1998 — Present Commodities Trader Handled marketing for natural gas futures, crude oil futures, and crude oil options contracts.

Relocated with Fuller Installations» owners to start up new company in Phoenix with maintenance contract for 100 Mobil Oil locations.

Quoted new work Re: contract for Mensa and Trokia Work Over Riser Systems, Shell Oil Co..