Sentences with phrase «of oil contracts»

Member of panel in an International Chamber of Commerce (ICC) multimillion dollar dispute arising out of oil contracts entered into in the former Soviet Union

Arbitrated multimillion dollar dispute arising out of oil contracts entered into in the former Soviet Union

El Jadi also praised one of the Report's contributors, Najwa El Beshti, a former head of oil contracts at the NOC, who faced an assassination attempt and numerous threats as a result of her work to report mismanagement in the sector.

Claims on social and traditional media that $ 25BN worth of oil contracts were awarded by the NNPC or that $ 25BN in NNPC funds is...

The Presidency on Sunday dismissed reports that $ 25bn worth of oil contracts were awarded by the Nigerian National Petroleum Corporation (NNPC).

Not exact matches

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.

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.

Engineering and consulting services company Logicamms has signed contracts with Samsung C&T Corporation, Chevron Australia and Oil Search for a combined contract value of about $ 15 million.

By contrast, economic growth in Canada contracted in the first half of the year and business investment — the most important factor in demand for imports — collapsed along with oil prices.

A subsidiary of TFS Corporation and a joint venture between a Melbourne oils producer and a local indigenous business have been shortlisted for wild sandalwood oil processing contracts with the state government.

Mr Stephen Rogers chief executive of Clough's Oil and Gas business unit said that the Apache project would generate a strong and consistent earnings stream for the Oil and Gas business unit, with positive cash flow, and as the contract is rates based, Clough does not assume any lump - sum risk.

Mining giant Woodside Petroleum will expand its presence off the Moroccan coast after entering into a contract with the country's national oil company for a licence to explore another block of the Doukkala basin.

«And, of course, they also trade crude oil and other energy contracts.»

In early March, as rebels fought for control of the country's east coast ports, where much of the country's oil is refined or shipped abroad, the price of the American crude contract (West Texas Intermediate, or WTI) broke US$ 100 for the first time since 2008.

The U.S. oil company removed executives from Venezuela after two of its workers were imprisoned over a contract dispute with state - owned oil company PDVSA.

PARIS, April 9 - Saudi Aramco will sign eight deals worth $ 10 billion with French firms on Tuesday, the chief executive of the state - run oil giant said on Monday - the main contracts expected to be sealed during Crown Prince Mohammed bin Salman's visit to France.

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.

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.

The arrests, by national intelligence agents, marked the first at a Western oil firm in Venezuela and represent a dramatic escalation of growing tensions between PDVSA and foreign companies over control of supply contracts.

The arrests, by national intelligence agents, marked the first at a Western oil firm in Venezuela and represent a dramatic escalation of growing tensions between PDVSA and foreign companies over control of supply contracts, the sources told Reuters.

CNBC's Jackie DeAngelis reports on commodities as several options and futures contracts expire Friday, and the factors supporting the price of oil.

In the era of the Internet of Things (IoT) and the Internet of Everything (IoE), data about oil resources and oil wells is so important that companies across the oil industry's chain are now seeking to explicitly state in contracts who owns that data — the oil service firms or their exploration customers.

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.

And its LNG contracts account for more than half the revenue of its biggest division: oil and gas.

Meanwhile, the August contract for crude plunged $ 4.40 to close at $ 52.53 (U.S.) a barrel Monday on the prospect of increased oil output from Iran and worries over Greece.

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 Bloomberg WTI Crude Oil Subindex is a single commodity subindex of the Bloomberg CI composed of futures contracts on crude oOil Subindex is a single commodity subindex of the Bloomberg CI composed of futures contracts on crude oiloil.

Benchmark crude futures contracts have in the past week wiped out the gains made since the end of September when the Organization of the Petroleum Exporting Countries said it would agree to cut oil production to shore up persistently low prices.

Provincial outlooks becoming more balanced in 2017 RBC expects the economies of Alberta, Saskatchewan, and Newfoundland and Labrador to contract further this year as the oil - producing provinces continue to struggle with low revenues and private sector restraint.

One included a $ 750 million contract to a Chicago - based company for work on Exxon's huge Kearl Oil Sands project, one of the largest it has anywhere in the world.

Hedging contracts limit benefit of rally for some explorers Hess pays $ 50 million to unwind hedges; others may follow There's a downside to oil prices being up that could cost Continue Reading

Oil fund managers are not betting on $ 20 a barrel oil this week because they increased their net - long position by 16,855 contracts to 132,857 futures and options in the week ending Sept. 8, according to the CFTC commitment of traders repoOil fund managers are not betting on $ 20 a barrel oil this week because they increased their net - long position by 16,855 contracts to 132,857 futures and options in the week ending Sept. 8, according to the CFTC commitment of traders repooil this week because they increased their net - long position by 16,855 contracts to 132,857 futures and options in the week ending Sept. 8, according to the CFTC commitment of traders report.

That's how much the power - to - airport - services group's stock plunged after the loss of fuel - oil contracts led it to slash the dividend and put assets up for sale.

Russia's economy has absorbed the shocks from oil and sanctions, and there are signs of a nascent turnaround, although economic activity will still contract by 0.6 percent this year

The futures are designed to reflect the price of bitcoin without an investor having to physically hold the virtual currency, not unlike how oil, gold, copper or cocoa prices are determined by futures contracts.

«The economy has absorbed the dual shocks from oil and sanctions, and there are signs of a nascent turnaround, although economic activity will still contract by 0.6 percent this year.

Today I'm sending you a piece on Ecuador's recent move to change the terms of its contracts with oil investors to keep more of the returns in the state.

In fact, locking in oil contracts at a lower price helped save Southwestern Airlines millions of dollars when oil prices spiked and hurt all other major airlines.

Most of China's crude imports are bought on long - term contracts between China's major oil companies and foreign national oil companies.

So, in order to hedge against that risk, a supplier of oil may wish to gain some insulation from the price swings inherent to oil and sell a futures contract.

Using intraday and daily prices of the most active rolling futures contracts for the S&P 500 Index, gold and light crude oil during 1987 through 2012, they find that: Keep Reading

Case in point: Only about 2 % of oil futures contracts are actually settled through physical delivery.

Cooper said that none of the companies that have bid to ship oil through the pipeline have severed their contracts.

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.

This may be a simplistic and thoroughly «unsophisticated» view of markets, but why don't we limit the number (thus volume) of contracts for oil to the actual demand figure for that month?

It contracted in the first quarter of the year at an annualized rate of 0.6 per cent — in large part due to the steep drop in oil prices and the failure of other sectors to pick up the slack.

Let's say you are bullish on Crude Oil and looking to buy a futures contract, but the rest of your portfolio is full of energy stocks.

NYMEX crude oil is the largest oil futures contract in the world and has a current total open interest of around 1.6 million contracts and it would be impossible for any group of speculators to sell or buy 53 days of world production in a year or longer, no less in a week as just occurred in COMEX silver.

During this same period, activity on the crude oil futures market — as measured by the number of contracts outstanding, trading activity, and the number of traders — has increased significantly.

On the political front, «Denominating oil contracts in yuan would promote the use of China's currency in global trade, one of the country's key long - term goals as an alternative to the dollar — making this even more appealing to sanctions - threatened countries relying on the dollar,» Ramady wrote in The National.