Phillip Ashley Qualified: 2004 Made partner: 2014 Key cases: Acting in significant High Court disputes for a variety
of major oil companies, including GdF Suez, Shell and Premier Oil (concerning assets in UK); acting on one of the UK's highest profile High Court oil and gas disputes, between subsidiaries of ConocoPhillips and Centrica relating to the purported termination of transportation and processing services for a $ 700m development by ConocoPhillips.
Another way to consider oil production prospects is to look at the actions
of the major oil companies themselves.
For me the best confirmation that rapid production decline will not be a big problem is that a number
of major oil companies (not just one but many with highly competent research and engineering staffs) have paid big bucks to purchase a piece of the action.
ExxonMobil has isolated itself from the community
of major oil companies in the area of climate.
There are others, high level employees and strategists
of major oil companies, who are driving the business of fossil fuel extraction and can no longer take the defense that they were just following orders.
When a billion dollar investment by
any of the major oil companies could make liquid fluoride thorium reactors a reality in a few years, you have to ask yourselves about whether they really care about producing energy or whether they only care about producing a certain kind of energy.
While none
of the major oil companies have yet to report Q1 results, stocks of Chevron, ExxonMobil, Royal Dutch, BP plc, Total S.A. and a bevy of other energy stocks are in full - blown rally mode for two reasons.
This romantic comedy stars Rock Hudson as Carter Harrison, an executive rising through the ranks
of a major oil company.
Pursuing a breach of warranty claim on behalf
of a major oil company where damage total in excess of $ 9 million
Not exact matches
But
companies are still feeling the pinch
of the massive glut
of oil worldwide, which has brought down markets and remains a
major policy discussion among international producers.
U.S.
oil major Chevron Corp has evacuated executives from Venezuela after two
of its workers were imprisoned over a contract dispute with state - owned
oil company PDVSA, according to four sources familiar with the matter.
Major energy
companies are called «Big
Oil» for a reason, as the vast majority of their profits comes from the upstream divisions, which explore and produce o
Oil» for a reason, as the vast majority
of their profits comes from the upstream divisions, which explore and produce
oiloil.
Unlike Alberta, where
major oil and gas firms are based right in Calgary, the managers
of the Colorado drilling
companies he approached all said that their Houston - based head offices called the shots.
U.S.
oil major Chevron Corp has evacuated executives from Venezuela after two
of its workers were imprisoned over a contract dispute with state - owned
oil company PDVSA.
It's even what the
oil companies want, for heaven's sake: Sustainable Prosperity, an Ottawa - based think - tank, recently surveyed 10
major energy
companies, including Shell and Suncor, and found all
of them were already incorporating a «shadow carbon price» into their decision - making, under the assumption they will contend with such regimes in the near future.
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.
Meanwhile, the «
major»
oil companies like Imperial Oil, Suncor and Shell own a minority of gas stations — just 16
oil companies like Imperial
Oil, Suncor and Shell own a minority of gas stations — just 16
Oil, Suncor and Shell own a minority
of gas stations — just 16 %.
«They have every single super
major engaged in a deep and serious way, principally in deep water and shallow water projects,» he said, adding there have already been two significant finds in shallow water, including one by ENI and another by a consortium
of companies including Talos Energy and Premier
Oil.
Representing one
of its first
major overseas acquisitions, the
company's wholly - owned subsidiary, Woodside Energy (USA) Inc. reached agreement with the Marathon Oil Company — part of the USX - Marathon Group which is a unit of the USX Corporation in Pittsburgh — for the acquisition of interests in a number of deep water exploration acreage blocks in th
company's wholly - owned subsidiary, Woodside Energy (USA) Inc. reached agreement with the Marathon
Oil Company — part of the USX - Marathon Group which is a unit of the USX Corporation in Pittsburgh — for the acquisition of interests in a number of deep water exploration acreage blocks in th
Company — part
of the USX - Marathon Group which is a unit
of the USX Corporation in Pittsburgh — for the acquisition
of interests in a number
of deep water exploration acreage blocks in the Gulf.
Having the North American headquarters
of a
major Chinese
oil company might just be a good start.
Public records show that at the start
of 2014, the Foundation held $ 1.4 bn
of investments in
major coal,
oil and gas
companies.
I have had, over my time at the University
of Alberta, representatives from the Alberta Ministries
of Environment, Energy, and Finance and Enterprise, many
major oil, gas, energy services, pipeline and electricity
companies, Epcor, the Pembina Institute, and many others speak in my classes.
For pipeline
companies with
major proposals on the table, such as TransCanada and Enbridge, falling
oil prices are a game changer
of the same magnitude that rising prices were a decade ago.
With exploration budgets down,
major oil companies will rely on acquisitions to replace up to half
of their reserves, according to energy consultancy firm Wood Mackenzie.
President Obama called it «a
major victory for big
oil, Wall Street banks, health insurance
companies and the other powerful interests that marshal their power every day in Washington to drown out the voices
of everyday Americans.»
With the
oil majors all trading at fair and undervalued prices due to the decline in
oil prices I was able to both increase the yield
of my portfolio while also getting great
companies at a fair price.
Groups including Dutch telecommunications group Altice, US conglomerates Honeywell and General Electric, UK
oil major BP and French luxury group Kering are considering setting up independent
companies for some
of their activities as a way to generate value for shareholders.
You once had a very good analytical view
of Alberta
oil and it's benefit to not just the
oil companies and Alberta but for Canada and how we can be a
major player in the world.
ExxonMobil has been cited as a likely buyer
of various other
major international
oil companies as the synergies would be enormous.
A few years ago we worked on a «future
of gas stations» project for a
major oil company.
Most
of China's crude imports are bought on long - term contracts between China's
major oil companies and foreign national
oil companies.
Five
major oil and gasoline
companies made YouGov BrandIndex's ranking
of the top 20 consumer perception gainers for the month
of May, most likely on the coattails
of easing gas prices.
All
major gas and
oil companies were measured with YouGov BrandIndex's Buzz score, which asks respondents: «If you've heard anything about the brand in the last two weeks, through advertising, news or word
of mouth, was it positive or negative?»
YES indeed, the Kingdom
of Saudi Arabia recently appointed a woman as one
of the board members
of its
major company and the world's top
oil company «Aramco», the
oil fields
of...
Since 2008, he's called practically every
major shale play before the mainstream press got wind
of them — including the now - famous Bakken
oil formation and the
companies that have raked in billions in profits for their shareholders.
Abu Dhabi's state - owned
oil company on Monday announced plans to publicly list parts
of its business and seek new partnerships with
oil majors.
With lower prices forcing many
oil companies to take on more debt, the bankruptcy or closure
of one or more
major oil companies is not an impossible scenario, and would have
major repercussions on
oil prices, both in the short and long term.
SUSPENDED: A U.S. judge has ruled the China branches
of global accounting firms should be barred from providing audits for U.S. - traded
companies in a dispute that might force
major corporate names such as
oil giant PetroChina and search engine Baidu to...
BEIJING (AP)-- An American judge has ruled the China arms
of global accounting firms should be barred from providing audits for U.S. - traded
companies in a dispute that might force
major corporate names such as
oil giant PetroChina and search engine...
However,
Major General Manuel Quevedo has only accelerated the decline
of PDVSA, which once held a reputation as one
of the better managed state - owned
oil companies in the world.
After years
of declining output,
major oil companies have ramped up crude production this year, just as they are being battered by a plunge in prices due to already excessive supplies.
Capital spending is rebounding, new upstream projects launch weekly and several
major integrated
oil companies (IOCs) have posted consecutive quarters
of profitability for the first time since 2014.
The loss mirrored those
of other
major oil companies, including Royal Dutch Shell Plc, which reported a third - quarter net loss
of $ 7.42 billion Thursday, the most in more than a decade.
The showdown also marks the first time in recent memory shareholders
of a
major oil and gas
company have been given a choice
of directors between what the
company wants and what the dissident group wants (it is pushing for four
of its nominees to be voted to the board).
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...
It's worth remembering that several
of the directors and managers
of Enron — the
oil company involved in
major fraud in 2001 — were active in their churches and communities.
(Not the one with Down's Syndrome, the one who volunteered to go fight a pointless and shameful war on behalf
of big
oil companies and other
major corporate interests.)
An integrated Public Sector «
Oil Major», to match the performance of huge international and domestic private sector oil and gas companies, is propos
Oil Major», to match the performance
of huge international and domestic private sector
oil and gas companies, is propos
oil and gas
companies, is proposed.
Through the Consumer Goods Forum, the CDP / We Mean Business Coalition, and the public - private Tropical Forest Alliance 2020, hundreds
of major companies have committed to eliminating commodity - driven deforestation from their supply chains by 2020, including
companies that account for 90 percent
of the global trade in palm
oil.
Oriflame is the first
major cosmetics brand to fund sustainable palm
oil production through the purchase
of GreenPalm certificates covering 100 %
of the
company's total palm
oil consumption.