Sentences with phrase «of oil companies as»

It took lawsuits and petitioning efforts by the Center for Biological Diversity, NRDC, Greenpeace, and other organizations to overcome the resistance to this listing, which would have profound implications on how polar bear habitat is used — that is, whether its arctic territory would become territory of oil companies as well.
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.

Not exact matches

Instead of hedging away from gas, as TransCanada and many other companies appear to be doing, it's a bet that gas will play a much bigger role in our energy future, probably at the expense of oil.
Nearly as surprising was the willingness of Russia and private oil companies in North America to carry on at prices that were understood to be well below their break - even points.
For the second consecutive quarter, Continental bested rival Whiting Petroleum Corp to be the largest oil producer in the Bakken, solidifying that crown and its place as one of the most - prolific U.S. shale companies.
When the company auctions that oilfield drill, for example, the goal is for its pricing model to forecast demand in the near future based on different factors, such as the price of oil, leaving Ritchie Bros. less vulnerable to market surprises.
As fracking became commercially viable, oil and gas drilling companies entered communities with shale gas resources, which can have a number of local effects.
Large integrated oil companies are known as such because they not only produce oil, but they also refine it into finished products, such as jet fuel, gasoline, heating oil, and diesel, and sell it via a network of gasoline stations.
Lewenza recommends buying stocks in integrated companies — those that both produce and refine oil, so that one part of the business is essentially benefiting from the misfortune of the other — as well as in oil transportation, such as pipeline companies.
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 oOil» for a reason, as the vast majority of their profits comes from the upstream divisions, which explore and produce oiloil.
And as has been pointed out, the oil crash hammered energy companies, but cheap oil and the low dollar (in Canada at least) should have spurred non-energy exporters to take advantage of those ideal conditions.
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 eight top teams will make one pick per round for three rounds, choosing from a predetermined list of 60 investments, including big Dow Jones industrial companies like 3M and Boeing, the tech heavyweights like Facebook and Amazon, as well as bitcoin, oil, and gold.
Breakeven costs are now as little as $ 25 per barrel, according to the Dallas Fed's most recent survey, so energy companies here no longer need $ 100 oil to make lots of money.
The report accuses Low of using PetroSaudi International, an oil company from the Middle East that signed a joint venture deal with 1MDB, as a front to siphon the money.
As part of the announcement, three Russian individuals and two Singapore - based companies were accused of providing oil to North Korea.
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.
With the complicity of corrupt authorities, the oil was then shipped to a refinery belonging to Riolio, a company owned by Domenica Ribatti, where it was leavened with actual olive oil, then packaged and sold to customers as the real thing.
As a vice-president of parent company China National Petroleum Corp. explained at an oil and gas industry conference in Calgary, the company felt it was being shut out of Canada's oilsands by political pressure from the U.S. and had lost confidence in Enbridge's ability to manage aboriginal opposition to the line.
Even oil giants such as ExxonMobil and ConocoPhillips were among the companies that expressed support for the accord ahead of Trump's announcement.
All reasonable enough conditions — though methane currently is regularly released as a part of standard business for oil and gas companies.
Alcoa's tale is held up as a wee candle flicker of hope in an otherwise depressing report on gender inequity in tech - driven sectors, including the oil and gas industry, automotive manufacturers and telecommunications companies.
As crude prices began to plunge last year, many energy experts predicted a repeat of 1986 when U.S. oil companies lost their funding and the industry collapsed into a yearslong bust.
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 Coroil companies including Phillips Petroleum Co, Gulf Oil Corp and Unocal CorOil Corp and Unocal Corp..
Abramovich was in Fribourg court as part of a lawsuit brought by the London - based European Bank for Reconstruction and Development against Abramovich, Russian oil tycoon Eugene Shvidler, and the Russian energy company Gazprom Neft, a bank spokesman said Wednesday.
«As the oil and gas industry becomes mature there, companies are going to have to have a bunch of sub-sea systems that will have to be monitored,» said Dean Richter, a retired navy submarine captain and director of development for maritime transportation systems for New Jersey - based QinetiQ North America.
«Particularly with oil prices hitting lows at some point in the first quarter... lots of sub investment - grade firms could be under a lot of stress, and for those with stronger balance sheets, those companies could take this as an opportunity to buy and acquire assets,» Deshpande said in a phone interview.
Citation Resources has appointed KordaMentha as voluntary administrators, while the oil and gas company continues to pursue recovery of funds through a civil action against former director Peter Landau.
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.
Prosecutors began to uncover a string of corruption scandals in 2014 and 2015, involving both private and state - controlled companies, like Petrobras, the nation's oil and gas champion, as well as current and former elected officials — namely, the former president of Brazil, Luiz Inácio Lula da Silva.
The sell - off originated in the energy sector, as oil prices plummeted and oil and gas companies struggled to pay of their debts.
During the oilsands boom, Canada's biggest energy company spent money as if oil prices would always be north of $ 100.
As of August 2011, oil and gas companies still said there had never been a documented case of drinking water contaminated by fracking.
Companies in this industry lease out equipment for activities related to air, sea, and rail transport, as well as construction of highways, roads, tunnels, bridges, and oil drilling.
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.
Franco - Nevada Corp. (FNV: $ 44.16) A royalty company that buys interests in a diversified range of gold mines as well as interests in oil and gas and other assets.
The vow came as the Calgary - based company blamed clogged export pipelines for its worst heavy oil price discounts in five years during the first three months of 2018, contributing to a higher - than - expected $ 914 - million net loss in the first quarter.
Later, as sole leader of the Sibneft company, he completed a merger that made it the fourth biggest oil company in the world.
Her father had hoped she could use her business acumen and political standing to clamp down on theft from the state oil company as it struggled to adjust to the sharp fall of oil prices over the previous year.
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.
In Nigeria in 2014, Lamido Sanusi was fired as head of the central bank after trying to track down $ 20 billion that he said had been stolen from that country's state oil company, NNPC.
Exxon has argued against all the other shareholder proposals as well, including a «policy to explicitly prohibit discrimination based on sexual orientation and gender identity»; a policy articulating Exxon's «respect for and commitment to the human right to water»; «a report discussing possible long term risks to the company's finances and operations posed by the environmental, social and economic challenges associated with the oil sands»; a report of «known and potential environmental impacts» and «policy options» to address the impacts of the company's «fracturing operations»; a report of recommendations on how Exxon can become an «environmentally sustainable energy company»; and adoption of «quantitative goals... for reducing total greenhouse gas emissions.»
I believe the oil companies are doing that and, believe me, they are getting plenty of oversight as they do it.
The Chinese firm's demand for May - loading crude will be lower than the previous month due to refinery maintenance and as one of China's largest oil ports, Huangdao, could be shut for days from early June to accommodate a government meeting, a second company source said.
The 80 - year - old has founded 10 oil and gas companies in his career and has been an early supporter of at least as many ventures by other people.
Raitt's three - year timeline to fully dispose of older DOT - 111A tankers (and immediate phase - out of 5,000 of the most vulnerable cars) is going to be a difficult one to meet given the existing capacity for suppliers to build new tankers, as well as the desire of oil and gas companies to continue the exponential increases in oil - by - rail shipments into the future.
The company is also involved in the cultivation of olive trees, as well as sale and export of olive oil in the retail industry.
The United Nations Security Council blacklisted dozens of ships and shipping companies on Friday over oil and coal smuggling by North Korea, boosting pressure on Pyongyang as leader Kim Jong Un plans to meet with his South Korean and U.S. counterparts.
The faster oil services firms and oil exploration companies adopt digitalization, the more data they generate with every well they drill and every digital map of oil resources they create — but that data is now the subject of hot debate as the oil industry tries to figure out who owns that data.
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