Sentences with phrase «of oil profits»

The endangered birds are no longer on the land, but the group continues to grow rich off of oil profits.

Abortion is a horrible thing, but so is killing young soldiers in the name of oil profits.

Well, you got the part about killing young soldiers in the name of oil profits right.

Not exact matches

Netbacks, profit after subtracting transport and other expenses, averaged C$ 16.80 per barrel of oil equivalent in the first quarter, compared with C$ 21.25 a year earlier.

The reasons it is still near the bottom of public favor presumably are the same as they were: Standard Oil spells Rockefeller, Trust, Big Business, Big Profits.

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.»

The Permian continues to boom, and even in case of takeaway capacity constraints — which have led to around $ 11 a barrel discount of Midland, Texas, oil to Brent — Permian producers would pump at profit if Brent were to rise (and stay) at $ 80, Bloomberg's Denning argues.

Exxon Mobil on Friday reported adjusted quarterly profits that fell far short of Wall Street estimates, though the oil giant posted its strongest annual earnings since 2014.

For the full year, Exxon reported profits of $ 19.71 billion, its highest annual earnings since the start of an oil price slide in 2014, when it earned $ 32.52 billion.

Phil Davidson sees the company's prospects rising with those prices, so much so that if oil has a very long rally, «we will probably be out of the stock,» selling to take profits.

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 largest oil producer in North Dakota's Bakken shale formation posted a net profit of $ 15 million, or 16 cents per share, in the quarter ended March 31, compared with a loss of $ 87 million, or 96 cents per share, a year earlier.

He said the journals, Global Witness and Fatal Transactions, had highlighted that violent rebel forces were, in many cases, financed by profits from diamonds, oil and agricultural products and had accused the diamond industry of inaction on the issue.

The collapse of oil prices wiped out profits and killed the incentive to expand in the oil patch, and economic growth of less than 2 % offers little incentive for non-energy companies to expand.

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.

Chief Executive Bob Dudley is in line for a $ 19.6 million compensation package for 2015, a year in which shrinking profit margins triggered by sharp falls in the price of oil led to more than 5,000 job losses at the oil and gas company.

Suncor Energy Inc., the world's second - largest oil - sands producer, said first - quarter profit fell 23 percent on lower output, higher costs and absence of a gain from insurance settlements a year earlier.

Oil fell Tuesday as a stronger dollar prompted investors to take profits from a two - week rally ahead of weekly data that analysts have forecast will indicate an uptick crude inventories.

But the wealth generated by oil far outstrips the wealth of alternatives, and until that profit flow reverses then the status quo in the U.S. will pursue Oil and Empire until the U.S. economy and dollar implooil far outstrips the wealth of alternatives, and until that profit flow reverses then the status quo in the U.S. will pursue Oil and Empire until the U.S. economy and dollar imploOil and Empire until the U.S. economy and dollar implode.

Speaking of which, if the government believes the market is dramatically mis - pricing the future price of oil, should they not be buying up oil futures to provide windfall profits to taxpayers?

Oil giant Royal Dutch Shell posted a 42 percent rise in profits in the first quarter of 2018, underpinned by a recent uptick in oil and gas pricOil giant Royal Dutch Shell posted a 42 percent rise in profits in the first quarter of 2018, underpinned by a recent uptick in oil and gas pricoil and gas prices.

But the oil companies have made just ungodly profits, and we're spending just a boatload of money over in Iraq — we should have control of the oil.

Cenovus reported fourth - quarter net income of $ 620 million or 50 cents per share on Thursday, well ahead of $ 91 million, or 11 cents per share, in the year - earlier period, thanks to better refinery profits, stronger oil prices and production that almost doubled after it bought out its oilsands partner, Houston - based ConocoPhillips, last year.

Oil companies are profiting after they cut costs and sold assets to adjust to an era of lower oil prices afterOil companies are profiting after they cut costs and sold assets to adjust to an era of lower oil prices afteroil prices after...

LONDON, May 1 - BP's profits surged in the first three months of the year to their highest since mid-2014, driven by a recovery in oil and gas prices and rapid growth in production.

Many of them, desperate to profit from Canada's cheap oil, are working feverishly on a Plan B. They're making plans to load bitumen onto railcars, barges and trucks to bring it south to their processing facilities in Texas.

The billionaire philanthropist proceeded to compare Facebook and Google to mining and oil companies, accusing them of earning their profits «by exploiting their environment.»

Antares, which was known as Amity Oil until November last year, announced a half year profit to December 31 of $ 8.2 million, which was 15 per cent higher than the previous corresponding period.

The facts are not right here, energy is cheap that means the cost of manufacturing and transporting of goods is low, food and consumers staples already more affordable, so what if a few American oil companies going out of business.the cost of producing oil in middle east is less than $ 10 / bl and we were paying more than $ 140 / bl for it, with that huge profit margin the big oil companies and oil producing nations became richer and the rest of us left behind, with the oil price this low the oil giants don't want to reduce the price at pump even a penny, because they are so greedy.worst case scenario is some CEOs bonuses might drop from $ 20 million to $ 15 millions I am sure they will survive.in terms of the stock market it always bounces back, after all it's just a casino like game.

While oil industry executives are preparing to live and profit in the world of $ 50 oil over the next few years, some enthusiast investors have been betting on $ 100 oil for December 2018 options.

Over the coming year, lower energy costs (and other comodity costs) will benefit consumers and as oil prices rise, 80 % of U.S. oil production will move to breakeven then substantial profit.

This, of course, is no guarantee that U.S. Silica's profits will only go up from here — the company is still heavily tied to the whims of oil and gas producers.

Millions of Americans were beaten up by high gasoline and stock market declines so I have designed a plan to profit together between you and I but also to help thousands of average familes invest with us in a new oil company!

Failure to achieve this single KPI means the company is unable to increase oil and gas production year after year, reflecting negatively in the financial performance of the company's profit & loss statement.

Saving oil and natural gas through efficiency gains and investment in renewables would also generate profit by allowing BC to import less oil from Alberta and to export more of the natural gas it already extracts.

If I take Keystone XL out of the mix, in my toy model, I haven't impacted the cost of the marginal barrel of oil sands because I haven't changed the cost of a barrel shipped by rail, I've simply reduced the profit on the barrels which would be shipped via KXL by forcing them to be shipped to market in a more expensive way.

The first concern is dispelled when comparing the timing of the recent oil price drop to the increase in the firm's profits.

From these flags of convenience locations, which have no tax on profits, the oil was then sold to Western refineries at prices marked up to eliminate profits.

After becoming CEO in 2006, Tillerson led Exxon through more than a decade of ups and downs that included the late Hugo Chavez's seizure of Venezuelan oil fields, annual profits that set U.S. corporate records, and a 2010 shale acquisition that turned into a $ 35 billion wrong - way bet on natural gas.

Either increased shipping capacity out of the Midwest or alternative markets for Canadian production would increase oil production profits for producers and the royalty and tax inflow for federal and provincial governments.

In the case of an oil spill cleanup, the costs are likely to be directly incurred by an insurance company, but the premiums paid for that insurance come at the expense of the value of the oil transportation service — the higher the expected clean - up costs from oil spills, the higher insurance premiums will be, and this will mean higher pipeline tolls, which in turn implies lower profits, taxes, and royalties on the products shipped.

It was just the latest in a string of major setbacks for tar sands oil, which has become nearly as bad for corporate profits as it is for the environment.

From July 2016 to the end of second - quarter 2017, more than 80 percent of the companies listed in the S&P 500 declared dividends, as stable oil prices, low wage growth and a weaker US currency have all added to the overall corporate profits.

Eventually, Rockefeller's oil operations became so vast that he could fund all of his expansion efforts from his own profits, but there was a point in time in which Morgan was mad as hell that he couldn't get an asset override on Rockefeller's wealth, and you better believe there is a take - home lesson in that anecdote.

Oil prices, meanwhile, have pulled back a little today, as investors take profits after several days of a supply - cut related run up.

But the profit takers were not out in the oil patch, as oil prices and the underlying equities, continued to rally for much of the day.

Since 2008, he's called practically every major shale play before the mainstream press got wind of them — including the now - famous Bakken oil formation and the companies that have raked in billions in profits for their shareholders.

The dramatic plunge in the prices of oil and industrial commodities as a result of slowing demand from China together with increased supply from the United States, decimated energy and materials companies» profits.

Should the government leave the profits and rental revenue from its oil and gas, nickel and other minerals in the hands of privatized firms, to be turned into interest and dividend payments and taken out of Russia?

But give credit where credit's due — Woodside was the only large oil & gas company in Australia to record a profit in 2015 and continues to operate with a strong balance sheet and sufficient buffer at a break - even point of US$ 28.40 a barrel.