Sentences with phrase «of state oil company»

The corporate logo of the state oil company PDVSA is seen at a gas station in Caracas, Venezuela March 18, 2018.

Saudi Aramco will be ready for an initial public offering in the second half of 2018, Amin Nasser, the CEO of the state oil company, said in a Bloomberg television interview.

Five percent of the state oil company is expected to be put up for an initial public offering next year.

Saudi Arabia needs to cover weighty domestic spending and attract investors to a partial sale of its state oil company, Aramco.

Not exact matches

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.

Since then, it's been more timid than the two other Chinese state - owned oil companies, Sinopec and China National Petroleum Corp. (parent company of PetroChina) investing in North America.

Saudi Arabia, in the midst of transforming its economy and poised for a public offering of its state - owned oil company, could be vulnerable to Federal Reserve policy, observers say.

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 issue is particularly sensitive for Saudi Arabia, which is transforming its economy ahead of an expected initial public offering by state - owned oil company Saudi Aramco.

The planned initial public offering (IPO) of state oil giant Saudi Aramco (London is competing with New York to be the stock exchange where the company is listed overseas) is also expected to be discussed, the EIU's Abdelmeguid said.

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.

Netflix description: «This fictional drama series is loosely inspired by an investigation of alleged corruption in private and state oil and construction companies in Brazil.»

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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.

«We express our solidarity with the Americans affected by the hurricane,» Arreaza said, flanked by Nelson Martinez, the head of state - run oil company PDVSA.

The company will invest 90 per cent of its 2018 capital budget of between $ 535 million and $ 585 million in the United States, most in North Dakota Bakken light oil wells, where production is expected to grow by 30 per cent.

And yet by 2009, Gateway was once again a going concern and one of the backers turned out to be Sinopec, another Chinese state oil company and one of the owners of oilsands producer Syncrude Canada.

He is president of Shell Oil Co. in the United States, and sits on the executive committee of Royal Dutch Shell, its parent company.

Recent reports that China's large state - owned oil companies are considering an outright purchase of 5 percent of Saudi Aramco, a move that Saudi Arabia is rumored to be considering in lieu of the Aramco IPO, should be seen in this context.

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.

Prosecutors began to uncover a string of corruption scandals in 2014 and 2015, involving both private and state - controlled companies, like Petrobras, the nation's oil and gas champion, as well as current and former elected officials — namely, the former president of Brazil, Luiz Inácio Lula da Silva.

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 bill's introduction also comes amid various actions and statements by the Trump administration, including a fourth round of sanctions that restrict Venezuela and Petróleos de Venezuela SA, a state - owned oil company, from issuing new debt or from engaging in other financial dealings with U.S. citizens.

The most recent of these was a joint venture agreement with Indonesian state oil company Pertamina for a $ 5 billion refinery upgrade.

The Saudi Stock Exchange has taken steps to prepare for the initial public offering of state - owned oil company Aramco.

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.

In Nigeria in 2014, Lamido Sanusi was fired as head of the central bank after trying to track down $ 20 billion that he said had been stolen from that country's state oil company, NNPC.

The organic soap and body care products company, which uses hemp and hemp oil in many of its products, announced it will financially support organizations working to legalize marijuana in five states

• Abu Dhabi National Oil Company, the United Arab Emirates» state - owned oil company, has chosen First Abu Dhabi Bank, HSBC, Bank of America Merrill Lynch, and Citigroup to help with the IPO of its retail unit, Reuters reported citing people with knowledge of the mattOil Company, the United Arab Emirates» state - owned oil company, has chosen First Abu Dhabi Bank, HSBC, Bank of America Merrill Lynch, and Citigroup to help with the IPO of its retail unit, Reuters reported citing people with knowledge of the Company, the United Arab Emirates» state - owned oil company, has chosen First Abu Dhabi Bank, HSBC, Bank of America Merrill Lynch, and Citigroup to help with the IPO of its retail unit, Reuters reported citing people with knowledge of the mattoil company, has chosen First Abu Dhabi Bank, HSBC, Bank of America Merrill Lynch, and Citigroup to help with the IPO of its retail unit, Reuters reported citing people with knowledge of the company, has chosen First Abu Dhabi Bank, HSBC, Bank of America Merrill Lynch, and Citigroup to help with the IPO of its retail unit, Reuters reported citing people with knowledge of the matter.

The state took over YPF, an oil and gas company owned by Spanish energy company Repsol, and she feuded with soy farmers (who grow one of Argentina's biggest exports.)

Maduro has also reportedly ordered several state - owned companies, including an oil and natural gas company and aluminium and gold producers, to use the Petro for a percentage of their sales and purchases moving forward.

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.

When I mention that Exxon Mobil (xom), the world's biggest publicly traded oil company, is known to have an impressive intelligence division (no doubt a decent training ground for U.S. Secretary of State Rex Tillerson, ex-CEO of Exxon), Gourley's eyes light up.

Page said that in addition to meeting with members of Russia's presidential administration, he was also «in touch» with Andrey Baranov, the head of investor relations at the Russian state - owned oil company Rosneft, before the trip.

He testified to the committee that he met with members of Russia's presidential administration and Igor Sechin, one of the heads of Russian state - owned oil company Rosneft during the trip.

The current $ 2.2 - billion bid by Chinese state - owned Sinopec for Calgary's Daylight Energy marks the first time a Chinese company has attempted a 100 % takeover of a Canadian oil and gas producer.

But that volatility, as Ghosh likes to note, is the upside of the integrated nature of the company, which gives it a continued hedge against the differential in world oil prices through its downstream and midstream assets — on the midstream side, Husky operates a 2,000 - kilometre crude - oil pipeline system, and its downstream operations include upgrading and refining crude oil, and marketing gasoline, diesel, jet fuel, asphalt and ethanol in Canada and the United States.

PDVSA is a state - owned oil and natural gas company which, in addition to the Venezuelan government, is also the target of U.S. sanctions.

Exactly how important Keystone XL is to Alberta oil companies has emerged as a key issue as the U.S. State Department weighs approval of the conduit.

HOUSTON, April 25 An international arbitration court has ordered Venezuela's state - run oil company PDVSA to pay ConocoPhillips $ 2.04 billion for early dissolution of two joint ventures for producing oil in the OPEC - member country, the U.S. firm said on Wednesday.

CARACAS Venezuelan state oil company PDVSA has sued a group of oil trading companies through a U.S. trust over a multi-billion dollar corruption scheme to buy petroleum products below market value, the lawyer representing the trust said on Thursday.

Under the new guidelines, the acquisition of oil sands companies by foreign state - owned enterprises will only be found to constitute a new benefit for Canada in «exceptional circumstances.»

What's going on is that thousands of oil workers are fleeing the state - run oil firm under the watch of its new military commander, who has quickly alienated the firm's embattled upper echelon and its rank - and - file, according to union leaders, a half - dozen current PDVSA workers, a dozen former PDVSA workers and a half - dozen executives at foreign companies operating in Venezuela.

They wanted a word with the OPEC nation's oil minister and president of its state - run oil firm, PDVSA [PDVSA.UL], about the sorry state of the company.

FILE PHOTO: A man wears a cap with the logo of PDVSA as he attends the swear - in ceremony of the new board of directors of Venezuelan state oil company PDVSA in Caracas, Venezuela January 31, 2017.

Beyond the actual gas project and LNG sales, China's state - run shipping conglomerate COSCO has also secured a 50 percent stake in the four LNG shipping carriers serving Yamal.90 Chinese engineers and workers have been deployed to the Yamal Peninsula to help construct surrounding infrastructure, which includes a Chinese - produced polar drilling rig.91 Moreover, a Chinese oil and gas rig producer now provides Russia with about 60 percent of its imported oil rig supplies, indicating that China is becoming a dominant player in this sphere.92 Chinese media recently hailed Yamal as an example of China's construction and engineering prowess and a symbol of its transformation into an Arctic player.93 In return for China stepping into support the project, senior officials from Novatek, the main shareholder of the project, announced that the first LNG shipment would symbolically go to China.94 But a British subsidiary of Malaysia's Petronas purchased the first shipment of Yamal LNG and sold it to France's Engie, which then shipped the cargo to its Boston import facility for American use.95 Western sanctions on Novatek, Russia's largest independent national gas producer and a company with close ties to the Kremlin, made Yamal's pivot to China possible, as sanctions forced Russia to find an alternative source of investment and technology.

State owned Chinese energy companies are not pouring billions of dollars into developing Alberta's oil sands so more synthetic crude or bitumen can be sent to refineries in Cushing Oklahoma.

«Over recent months, several of the world's largest oil companies have acquired a variety of companies and projects that have nothing to do with extracting, refining, or distributing hydrocarbons — but that are set to thrive in the low - carbon transition,» the report states.

As its name suggests, the oil and gas producer focuses entirely on prospects within the state of California, and the crude oil price declines in 2015 created massive losses for the small exploration and production company.

For instance, the criminal case against former minister of economic development Aleksey Ulyukayev — initiated in 2016 by Igor Sechin, head of the state - owned oil company Rosneft — was evidently part of Sechin's struggle against Prime Minister Dmitriy Medvedev's government over power and resources.