Sentences with phrase «of oil companies on»

Let me talk about another group of oil companies on the global scene.
For example, the influence of the oil companies on the decisions of the present administration is clearly excessive.

Not exact matches

Andurand, who runs oil hedge fund Andurand Capital Management LLP, wrote in a string of tweets on Sunday that companies may be less willing to risk investment in long term oil projects because of low crude barrel prices and a predicted peak in electric vehicle demand.
In the face of low crude oil prices, the company focused on natural gas, which had stronger rates.
Wednesday: Boeing & Biogen Boeing: In the past, this company has been deemed a loser on suspicions that airlines won't upgrade their fleets for fuel efficient planes now that the price of oil is so low.
Friday: Chevron Chevron: This key company will take the pulse of oil, share insight on its projects and explain how it will amend its spending budget.
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.
The stock has soared more than eight per cent over the past week on speculation the company could buy the retail operations of oil and gas giant Hess, which owns about 1,350 gasoline stations in 16 East Coast states.
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.
The decreases are largely the result of the oil glut and all - time lows for crude prices — last year, mining, oil producers, and metal companies lost a combined $ 70 billion on $ 1.3 trillion in revenue.
And yes, the Dow has a heavy component of large industrial and energy companies which have recently soared on expectations that President Trump and his administration will sponsor new infrastructure spending projects and oil pipeline expansion.
In June the company received the first - ever FAA commercial license for unmanned aircraft operations over land and water for its work with BP on Alaska's North Slope, part of a big push to develop oil and gas in remote areas with the help of UAVs.
Formerly an integrated oil company with interests in transportation and refining, Hess in 2013 spun off many of its businesses in order to focus on E&P.
Investors who would prefer to play E&P companies more broadly could consider the iShares U.S. Oil & Gas Exploration & Production ETF, which focuses on large - cap companies and has an expense ratio of 0.43 %.
Based on a sum - of - the - parts analysis, integrated oil companies traded at a discount to their pure - play competitors, whether they were pure - play upstream, like an Anadarko or a Chesapeake, or downstream, like Valero or Tesoro.
Today, we're publishing Vivienne Walt's feature from our November issue on the on - off IPO of Saudi Aramco, the world's biggest oil company.
Potential U.S. sanctions on sales of light crude to Venezuela's oil company PDVSA would hamper its already weak refining network while leaving at least one tanker in limbo, according to a source from the state - run firm and Thomson Reuters data.
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).
Oil and gas will remain key energy sources despite the presence of shale and other alternative energy resources, the president of oil and gas company BHGE told CNBC on MondOil and gas will remain key energy sources despite the presence of shale and other alternative energy resources, the president of oil and gas company BHGE told CNBC on Mondoil and gas company BHGE told CNBC on Monday.
Some states require oil and gas companies to disclose the chemicals and the amount of water they use in fracking operations on FracFocus.org, a website formed by industry and intergovernmental groups in 2011, but the statistics are not complete.
He showed early entrepreneurial promise selling candy and doing odd jobs for neighbors, eventually going on to become the founder of the Standard Oil Company.
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.
Shares in Perth - based oil and gas company Range Resources gained nearly 20 per cent on the ASX after it announced it had attracted the backing of Hong Kong - based institutional investment group Abraham.
The Company expects to realize between 88 and 92 percent of NYMEX pricing on all its Delaware Basin 2018 and 2019 projected oil volumes.
«Dakota Access estimates and targets that the pipeline will be complete and ready to flow oil anywhere between the week of March 6, 2017, and April 1, 2017,» company attorney William Scherman said in the documents filed in Washington, D.C., on Tuesday.
Marine services company MMA Offshore's net loss has widened to $ 144 million on the back of a previously flagged impairment and reduced activity in the oil and gas sector.
The consumer watchdog has given the green light to Woodside Petroleum's proposed purchase of oil and gas assets from US energy company Apache, after concluding it would not have a significant effect on the domestic gas market.
He is president of Shell Oil Co. in the United States, and sits on the executive committee of Royal Dutch Shell, its parent company.
The aggressive exploration program of recently listed Strike Oil is on track with the company set to drill three wells in the Carnarvon basin this month.
In a separate report focusing on larger integrated oil companies, Moody's came to a similar conclusion — that the substantial improvement in the financial position of the oil industry over the past year is poised to slow down.
That year, drillers packed into the Permian basin in western Texas, where the cost of producing oil is low but the price tag on land — and the companies who own it — has skyrocketed.
The U.N. Security Council on Friday blacklisted dozens of ships and shipping companies over oil and coal smuggling...
The NOCs are being approached by lawyers and investment bankers not just from Calgary but from Houston and Melbourne too, seeking patient capital for long - timeline projects while equity prices for energy companies have been steadily sinking on stock markets despite the high price of oil.
Usher previously served on the Boards of Directors of Transtar, Inc., H.J. Heinz Company, PNC Financial Services, PPG Industries, and Marathon Oil.
Failure of prices to recover raises the prospect of even deeper cuts to investment by oil and gas companies next year and would likely result in Canada's economy remaining on a slower growth path than the 2.2 per cent pace we are expecting.»
An oil company with international facilities, Marathon Oil couldn't maintain profitability in 2016, with a loss of $ 2.1 billion on revenue of $ 4.6 billioil company with international facilities, Marathon Oil couldn't maintain profitability in 2016, with a loss of $ 2.1 billion on revenue of $ 4.6 billiOil couldn't maintain profitability in 2016, with a loss of $ 2.1 billion on revenue of $ 4.6 billion.
Ahern earned an electrical engineering degree from University of Vermont and with help from an unnamed angel investor who «bet on people heading in the right direction» started a company in 2002 — Industrial Defender, a cybersecurity firm that protects industrial control systems for the electrical grid, oil and gas, and chemical companies — which Lockheed Martin acquired in 2014.
«The only thing that there's agreement on is that it's a lot more challenging than the old math,» says Dan Yergin, the vice chairman of information and analytics company IHS and the author of the essential oil - history tomes The Prize and The Quest.
The company has also had to take big losses related to write - downs of the value of its oil and gas assets, to reflect the lower prices these energy commodities are garnering on the open market.
Some of these companies won't surprise you: There are several energy firms on the list of the Fortune 500's biggest losers, reflecting the enormous decline in oil prices that occurred in the second half of last year.
«I can see a scenario where oil prices get super-bullish again if companies overcut,» he says on a recent morning, sitting in his conference room on the 38th floor of an office tower at the bottom tip of Manhattan.
But the defense contractor experienced a double whammy in 2014 between falling oil prices (triggering cutbacks on energy projects) and the substantial withdrawal of U.S. troops from Iraq, reducing the need for the company's services there.
And in 2007, with crude prices on the rise, voracious demand for new shares of PetroChina on the Shanghai Stock Exchange caused the Chinese oil and gas company's market value to briefly top $ 1 trillion.
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.
Gary Kelly, Southwest Airlines chairman, president & CEO, breaks down his company's quarterly results and the impact of lower oil prices on jet fuel costs.
A fourth - generation Singaporean, son of a retired oil - company employee who now clerks in a jewelry store, Lee has thrived on struggle all his life.
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.»
Shares of early reporter Hess Corp, an E&P company, rose 1.8 percent on Wednesday after it reported a smaller - than - expected quarterly loss, thanks to expense cuts and the rise in oil prices.
This year's Fortune 500 generated a total of $ 944.5 billion in earnings, which are down 12.6 % from last year's record of $ 1.08 trillion, in large part because tumbling oil prices took a toll on the majority of the companies on the list.
Among the factors that could cause actual results to differ materially are the following: (1) worldwide economic, political, and capital markets conditions and other factors beyond the Company's control, including natural and other disasters or climate change affecting the operations of the Company or its customers and suppliers; (2) the Company's credit ratings and its cost of capital; (3) competitive conditions and customer preferences; (4) foreign currency exchange rates and fluctuations in those rates; (5) the timing and market acceptance of new product offerings; (6) the availability and cost of purchased components, compounds, raw materials and energy (including oil and natural gas and their derivatives) due to shortages, increased demand or supply interruptions (including those caused by natural and other disasters and other events); (7) the impact of acquisitions, strategic alliances, divestitures, and other unusual events resulting from portfolio management actions and other evolving business strategies, and possible organizational restructuring; (8) generating fewer productivity improvements than estimated; (9) unanticipated problems or delays with the phased implementation of a global enterprise resource planning (ERP) system, or security breaches and other disruptions to the Company's information technology infrastructure; (10) financial market risks that may affect the Company's funding obligations under defined benefit pension and postretirement plans; and (11) legal proceedings, including significant developments that could occur in the legal and regulatory proceedings described in the Company's Annual Report on Form 10 - K for the year ended Dec. 31, 2017, and any subsequent quarterly reports on Form 10 - Q (the «Reports»).
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