Sentences with phrase «of oil interests»

The answer is clearly, that they never were operating in good faith, that the war was pursued for the benefit of oil interests, and that climate deniers are supported for the same reason.
Medium of Exchange follows Soleimani's investigation of the complex relationships between leaders of OPEC countries and the West, finding both complicit in warfare that has come as a result of oil interest.

Not exact matches

With operating net profit — or profits before taxes and interest — up by 30 percent to 978 million euros, Eni CEO Claudio Descalzi said that Eni's results were «over and above the rising price of oil
Fossil - fuel subsidies drain government budgets, throwing up a fiscal wall that blocks state support for clean energy while protecting the interests of the oil industry.
Sen. Vitter, a slavish advocate of oil industry and other corporate interests, broke the law prior to 2004 by patronizing prostitutes while a member of the House.
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.
WESTERN Australian oil and gas producer Woodside Energy continued its geographical expansion with last week's announcement that it had taken a farm - in interest in a field in the Gulf of Mexico.
Oil prices strengthened slightly ahead of the settlement Wednesday as the Federal Reserve held interest rates steady and expressed confidence that a recent rise in inflation would be sustained.
The Bank of Canada said nothing in public about the possible merits of deficit spending as it twice cut its benchmark interest rate last year to offset the collapse of oil prices.
«Oil is certainly one of the things that we believe economically could get their (North Korea's) attention, and getting their attention is what we need to do to convince them that the course they're on is a destructive course that is not going to lead to protecting North Korea's interests but one that's going to led to their demise,» he said.
When the social scientist and derivatives trader sat down at the same table at a friend's wedding in 2011, they got to talking about their shared interest in «epic failures,» like the BP oil spill in the Gulf of Mexico, the Fukushima nuclear disaster and Hurricane Sandy.
«According to the most recent assessment, the steady oil price recovery since summer 2017 and renewed interest in growth opportunities has led to oil majors catching up in terms of exploration activity this year, both in the shale industry and offshore deep water,» OPEC said.
If the Fed is indeed putting off raising short - term interest rates — perhaps because of an economic slowdown overseas, economic turmoil in Russia, or because of lower oil prices — then that's potentially good news for the stock market.
That logic is another reason why OPEC countries have less of an incentive to cut back production: renewable energy sources is starting to give fossil fuels some serious competition, and oil - exporting countries have an interest in keeping oil a cheap alternative.
«And the opportunity to deploy an unmanned aircraft can provide some very, very valuable information to a wide variety of interested parties, oil and gas companies being primary.»
Perth oil and gas explorer Antares Energy has responded vigorously to claims by one of its major shareholders that it lacked transparency around a major deal and the disclosure of directors» interests.
When the Bank of Canada cut interest rates in 2015 to offset the collapse of oil prices, it was worried about more than a blow to gross domestic product; it was also thinking about what mass firings in the oil patch could mean for the financial system.
«The challenge is that MLPs are tied to the price of oil and to interest rates, and investors need to know what they're getting into.»
Neither cut was a particular surprise: Buffett had previously said he erred in buying Conoco at a peak price for oil (though now, of course, the commodity's rising price is putting a different cast on the investment) and he had publicly protested Kraft's 2010 purchase of Cadbury, which he thought not in the interests of Kraft's shareholders.
Frankel urged a form of managed competition, in which oil producers would recognise their common interests and coordinate their policies at strategic level while remaining competitors at tactical level.
What if oil stayed at just $ 60 a barrel for a few years, as the Bank of Canada assumed in January 2015 when it cut interest rates?
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.
But the real life Bakken is also suffering from a lack of interest, a development that doesn't bode well for the oil - producing region.
For the first time since oil prices crashed, strong job growth has the Bank of Canada worried about inflation, meaning higher interest rates are coming
Oil remains tightly correlated to the health of markets and interest rates, especially in DiMartino Booth's home state of Texas.
Agreement has been reached with Coogee Resources (Ashmore Cartier) Pty Ltd, which gives Coogee the right to earn a 20 % interest in exploration permit AC / P 32 by funding 27.5 % of the upcoming Magnolia oil exploration well.
According to Neil Atkinson, head of the oil industry and markets division at the IEA, it was in the «mutual interest» of OPEC and non-OPEC members to reach such an agreement.
Preeya Malik is a licensed attorney, entrepreneur and expert on investment immigration, with an interest in trade reform and the large fiscal surpluses in oil - exporting economies, which has expanded the firm's reach to large portfolio of investor contacts in the Middle East and India.
This stance is interesting since the industry has recently been seen to downplay the role of new pipelines in enabling oilsands development given the rise of oil - by - rail.
On the contrary the Jewish interest is solely in the marketing of petroleum products and even there it is probably no more than 5 per cent, the chief marketer being American Oil of Baltimore, and American Oil, though still managed by the Blausteins, who founded it, is now controlled by a Standard of Indiana subsidiary.
«Oil industry companies would do well to be cautious and stop assuming that good relations with PDVSA can last forever due to a common interest in pumping oil,» Raul Gallegos, associate director with the consultancy Control Risks, and author of Crude Nation, a book about how oil ruined the Venezuelan economy, said in an interview with ReuteOil industry companies would do well to be cautious and stop assuming that good relations with PDVSA can last forever due to a common interest in pumping oil,» Raul Gallegos, associate director with the consultancy Control Risks, and author of Crude Nation, a book about how oil ruined the Venezuelan economy, said in an interview with Reuteoil,» Raul Gallegos, associate director with the consultancy Control Risks, and author of Crude Nation, a book about how oil ruined the Venezuelan economy, said in an interview with Reuteoil ruined the Venezuelan economy, said in an interview with Reuters.
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 the Gulf.
This scenario was part of our thinking at the beginning of last year, when Canada's economy was hit by the collapse in oil prices and we cut our policy interest rate.
However, the Canadian dollar is expected to see minimal benefit from higher oil prices: a U.S. Federal Reserve interest rate hike is likely in the first half of 2017, which would bolster the U.S. dollar, while the Bank of Canada is expected to hold steady on rates.
Today we discuss in detail the concept of debt deflation; housing, student loan and automobile debt; the oil market; the stock market; negative interest rates; currencies; and the shrinking real economy.
Canadians did not vote to see government power used to carry out a mandate written by the oil patch in the interests of a single province.
Their sample included a lot of small OPEC countries, who necessarily had high growth and low interest rates when oil prices were high, as well as a lot of Asian countries that followed the Japanese development model and themselves practiced financial repression, which of course made them pretty useless as points of comparison.
The interview is a bit of pure madness, but it brings up an interesting point about the financial media's continued inability to understand the difference between a trend and three or four deals involving oil sand projects and how assets factor into individual balance sheets.
Michael Greenstone, a professor of environmental economics at the Massachusetts Institute of Technology, says that removing, or at least significantly increasing liability caps, is the most effective way of synchronizing the interests of the oil industry with that of the public.
In the interests of accountability and transparency, I read through 300 pages of evidence and pulled out the sort of uncomfortable revelations that Ottawa doesn't want U.S. oil customers, industry investors or Canadian taxpayers to know.
And in the face of record valuations and record debt, we're seeing rising interest rates (the yield on the 10 - year Treasury hit 3 % last week for the first time since 2014) and other signs of inflation like rising oil and copper prices.
We have jumped through their consultation hoops and seen how they continue to make decisions in the interest of the oil industry lobby, rather than for the public interest or the safety of the people that live here.
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.»
According to its website, this is the «largest energy infrastructure in North America,» owning interest or operating more than 80,000 miles of pipelines that transport natural gas, crude oil and more.
«The energy sector posted stronger returns in September due to a rebound in oil prices which helped lift Canadian equities, while the bond market slipped into negative territory after strong Canadian economic growth led the Bank of Canada to raise interest rates for the first time in seven years,» said James Rausch, Head of Client Coverage, Canada, RBC Investor & Treasury Services.
I find it interesting that Alberta under Klein did not share the prosperity bonus with the rest of Canada when they had a surplus from the oil boom.
It's interesting to look at oil and natural gas now, although an in depth analysis of oil and natural gas depletion is outside the scope of this essay.
The interests of Alberta and Canada are not the same as the interests of the oil industry — sometimes they overlap, and sometimes they are in direct conflict.
Rather than accepting the science and adapting to other sources of energy, the oil industry has developed an aggressive campaign to obscure the science and advance its own interests.
Of course, without the benefit of the basis and the Monetary Metals fundamental price, he could only see the price chart, plus the regular Wall Street indicators such interest rates, oil, and inflatioOf course, without the benefit of the basis and the Monetary Metals fundamental price, he could only see the price chart, plus the regular Wall Street indicators such interest rates, oil, and inflatioof the basis and the Monetary Metals fundamental price, he could only see the price chart, plus the regular Wall Street indicators such interest rates, oil, and inflation.
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