Investors hold more than $ 3 trillion worth
of oil company stock, which accounts for about 4 percent of the value of the world's 2,000 largest publicly traded companies.
If the oil prices and the share
prices of oil companies continue to fall some of the consistently dividend paying oil majors may become attractive from an investment point of view.
If the
head of an oil company causes an oil spill, those responsible will be greeted to find oil all through their own homes.
We should be able to agree, for example, that having environmental policies shaped primarily by the short - term
interests of the oil companies is not Christian.
He tells us that it creates employment, preserves the rainforest, provides just about the only alternative to the attractions
of oil company money.
With an oil ETF or oil mutual funds, you get a
basket of oil company stocks or oil futures contracts in one fund.
For example taking forward your argument on oil,
return of oil companies can mean reverse only if efforts towards green renewable energy would not succeed as much as expected to succeed currently.
Because the
profitability of oil companies tends to move along with changes in the spot price of oil, these securities often serve as effective trades on the related commodity.
About
half of the oil companies he dealt with were very resistant to reducing carbon emissions or even to admitting that global warming was real.
Set in 1981, when violence and corruption in New York City ran rampant, story follows the ambitious
owner of an oil company who must protect his business and his family from his competitors as they violently try to run him out of business.
Any economic progress that comes out of GDP numbers is attributed to financial markets and the profits
of oil companies as the price of oil goes up and drags other prices along with it.
The founder, chairman and
CEO of oil company Continental Resources now has a net worth of $ 10.1 billion, but at age 16 he had to take a job at a gas station to support his loved ones.
Further, the oil industry is hardly restricted to North America;
most of the oil companies operating in the oil sands are global.
Like the 2013 historic floods in Calgary that forced the head
offices of the oil companies mining the Alberta tar sands to go dark and send their employees home, while a train carrying flammable petroleum products teetered on the edge of a disintegrating rail bridge.
A new
survey of oil companies published by global accountancy firm Grant Thornton puts the size of the shift in perspective.
The statement signed by the IYC President, Eric Omare, on Wednesday, however lamented the non-implementation of the 16 - point demand presented to the Federal Government during a meeting to stop attacks by the Niger Delta Avengers, particularly the demand for the relocation of headquarters
of oil companies operating in the region.
The South - South leader also decried the inability of the federal government to implement the demand of the relocation of the operational
headquarters of the oil companies to Niger - Delta.
The statement reads, «This government should make sure that the
activities of oil companies in Nigeria bring development to the people, rather than a string of needless human rights tragedies.»
A statement signed by the Head of the Legal
Department of the Oil Company Mr. Seun Bakare said «We take exception to any malicious publication and slander orchestrated by certain people in a bid to disrupt our business.
Message is «Because there is a correlation in Oklahoma and Texas, it is obviously the fault
of oil companies who are therefore inherently evil (with flavors of implicit «and should be destroyed for their sins».)»
Instead, the view is much more bucolic, the local Anangu Kichwa have jobs and a future for their kids, the outside world gets to see what is going on
instead of the oil companies having free rein, and a major chunk of the Amazonian rainforest has eyes on the river.
In a September 24, 1993, sworn affidavit, Dr. Singer admitted to doing climate change research on
behalf of oil companies, such as Exxon, Texaco, Arco, Shell and the American Gas Association.
The aim of the report is to refute that only a handful of scientists — mostly in the
pocket of oil companies — still dispute that global warming is happening, and that it's caused by human activities.
He has applied for permanent residency in the U.K., and said in July that he intends to invest most of what he made selling his
share of oil company TNK - BP in U.S. healthcare — well beyond the caprice and covetousness of any Russian leader or policeman.
For a time, Chevron was part of a small
group of oil companies — including BP, Shell and Total — that were publicly touting forays into renewable and alternative energy.
«If you are a campaigner on global warming, for instance, it may be worth trying to step into the
shoes of oil company executives — understanding their thinking and motivations — if you want to devise effective strategies to shift them towards developing renewable energy.»
Pickens gained notoriety and celebrity in the 1980s as a dealmaker who launched leveraged
buyouts of oil companies including Phillips Petroleum Co, Gulf Oil Corp and Unocal Corp..