Sentences with phrase «of oil majors»

Unless the aggressive tax structuring of the oil majors is met with equally aggressive enforcement by government, the world's biggest oil companies — Chevron, Exxon, BP and Shell — will pay very little in income tax too.»

Some of the oil majors have started espousing a strong capital discipline mantra.

I think Chevron is one of the better valued companies right now, as is most of the oil majors.

If the price of oil balloons to $ 110 + in a short period of time, it will lag all of the oil majors.

After the CEO of Total (the French oil major) last week, two more CEOs of an oil major came out this Thursday to give stark warnings that mean that peak oil is happening right now.

Not exact matches

A flexible approach to business and staying true to its values have been the keys to the success of Bhagwan Marine, which has become a major service provider to the offshore oil & gas sector.

Iran, a member of the Organization of the Petroleum Exporting Countries, re-emerged as a major oil exporter in January 2016 when international sanctions against...

But companies are still feeling the pinch of the massive glut of oil worldwide, which has brought down markets and remains a major policy discussion among international producers.

The oil price has risen by 15 percent in the last four weeks thanks to expectations that the United States will re-impose sanctions against Iran, a major oil producer and member of the Organization of the...

Iran, a member of the Organization of the Petroleum Exporting Countries, re-emerged as a major oil exporter in January 2016 when some international sanctions against Tehran were lifted in return for curbs on Iran's nuclear program.

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.

The field has an estimated 8.5 billion BOE of original oil in place and 32 major producing zones currently identified.

Traders said markets climbed on expectations that the United States will in May re-impose sanctions against Iran, a major oil producer and member of the Organization of...

«We don't want these new projects to have to bear the burden of some of these (oil price) differentials,» he said, reiterating Suncor's commitment to build no new major oilsands projects without new pipelines.

Iran, a member of the rganization of the Petroleum Exporting Countries, re-emerged as a major oil exporter in January 2016 when international sanctions against Tehran...

Steve is also CNBC's OPEC reporter, covering major meetings and interviewing top OPEC oil ministers, non-OPEC ministers and heads of bodies such as the IEA and EIA.

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.

The world's major producers have made a concerted effort to slow the advance of American oil production by increasing the supply and therefore reducing the price.

The Anglo - Dutch oil major, whose acquisition of BG Group transformed it into the world's top liquefied natural gas producer, has been under pressure from shareholders to cut annual spending to ensure it can maintain its dividend given the slow recovery in the oil prices.

Shell's Chief Executive Officer Ben van Beurden said the oil sector had yet to emerge from troubled waters, but huge cost savings meant oil majors were getting closer to balancing their operations at today's oil prices of around $ 50 a barrel.

Like other major European airlines, the Franco - Dutch carrier benefited from low oil prices and strong travel demand last year, while the collapse of Monarch and Air Berlin has removed some competition from the market.

Oil major Royal Dutch Shell posted fourth - quarter earnings of $ 1.0 billion, compared with $ 1.8 billion for the same quarter a year ago.

The oil price has risen by 15 percent in the last four weeks thanks to expectations that the United States will re-impose sanctions against Iran, a major oil producer and member of the Organization of the Petroleum Exporting Countries (OPEC).

The price of oil dropped Tuesday after a big jump a day earlier over jitters that Russia's military advance into Ukraine could result in economic sanctions against one of the world's major energy suppliers.

PARIS, April 26 (Reuters)- Record output and high oil prices helped French oil and gas major Total report a consensus - beating rise in net adjusted profit during the first three months of the year, with Total adding it would surpass its production target for 2018.

Mosul, one of the two captured cities, lies in an area that is a major gateway for Iraqi oil.

«That would only be if there were losses of significant size in any major oil - producing countries, particularly in the Middle East.»

«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.

However, the current deal between allied major oil producers could soon be at risk amid heightened tensions over an escalating proxy war between two of OPEC's top three crude producers, Shah said.

«I think the escalation of tensions with Russia is a major factor that could impact oil prices,» said Blanch.

Fiona Harris has returned to the board of Oil Search about one year after stepping down from two major board positions because of health issues.

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.

Unlike Alberta, where major oil and gas firms are based right in Calgary, the managers of the Colorado drilling companies he approached all said that their Houston - based head offices called the shots.

An in - depth report in 2010 from Worcester Polytechnic Institute that looked at the effects of three major oil spills found increased incidences of cancer and digestive problems in people who had ingested the oil directly (in drinking water) or indirectly (through eating the meat of livestock exposed to the oil).

Additionally, prices for its major commodity exports - crude oil and palm oil - have dropped sharply and its currency, the ringgit, is trading close to its lowest levels since the Asian financial crisis of the late 1990s.

Oil majors and large independent drillers need to shore up their asset portfolios after several years of underinvestment during a price slump, analysts say.

That could cut off a major supply of oil while potentially handing the region's balance of power to Iran, which could end up in control of the routes used by 40 % of the world's seaborne oil.

If the oil majors were to attempt to be more disciplined this time around, the resulting rise in prices would simply accelerate the development of alternative sources of supply, as well as curbing demand growth.

In 2017, the California cities of San Francisco, Oakland, Santa Cruz, and Imperial Beach, as well as Santa Cruz county, Marin County, and San Mateo County attempted to sue oil majors over climate change damages, citing a theory called «public nuisance.»

The speech to the «Oil and Money» conference in London presents an overall vision for transforming Canada from a continental energy player to a global energy powerhouse, a vision that includes improved trade relations with Asia and a major expansion of infrastructure — pipelines, in other words — to get Alberta oil to far - flung markeOil and Money» conference in London presents an overall vision for transforming Canada from a continental energy player to a global energy powerhouse, a vision that includes improved trade relations with Asia and a major expansion of infrastructure — pipelines, in other words — to get Alberta oil to far - flung markeoil to far - flung markets.

The steep drop in the price of oil in the last month has become a major concern for traders.

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.

* Oil prices edged higher, a day after OPEC and other major producers agreed to extend output curbs until the end of 2018.

Those closures, affecting a major U.S. oil refining hotspot, are pushing up the prices of energy products like gasoline and heating oil as investors anticipate a drop in supply.

A major new international energy player is coming to Perth following the $ 18.5 million acquisition of Aberdeen - based IGL Oil & Gas Consultants by Finnish global consulting and engineering group, Poyry.

Foley said that the low cost of natural gas compared to crude oil represents a major arbitrage opportunity.

It's even what the oil companies want, for heaven's sake: Sustainable Prosperity, an Ottawa - based think - tank, recently surveyed 10 major energy companies, including Shell and Suncor, and found all of them were already incorporating a «shadow carbon price» into their decision - making, under the assumption they will contend with such regimes in the near future.

The move to 100 % of the Montney project is a major coup for Calima that will be sure to raise its profile with the oil and gas heavyweights of North America who are eager to get a share of the action in the liquids - rich basin.

CNBC's Jackie DeAngelis reports the latest results of CNBC's exclusive oil survey on what analyst, traders and major energy fund investors expect to see in the oil space in upcoming months.

Rive argues that it should stay underground, that the oil majors look at the world through petroleum - coated lenses, and that the benefits of solar are so obvious that once the price becomes more competitive, fossil - fuel use will plunge.