Sentences with phrase «of the oil companies in»

It found 89 per cent of managers agreed energy transition risks - such as increasing emissions regulations or growing competition from clean tech alternatives - will significantly impact the valuations of the oil companies in the next five years, compared to 46 per cent when the survey was conducted in 2017.
Most of the oil companies in Alberta are global or multi-national companies.
Since the arrival of the oil companies in the late 1950s, the rivers have become contaminated and the Earth has grown hotter; the land along the road stopped producing food, the fish died, the jaguars left, and the Huaorani fell ill with diseases they had never before experienced.
Anthony Watts notes the prominence of oil companies in funding the American Geophysical Union [link].
In other key mandates, Akshai Fofaria has been acting on one of the largest administrations in the sector to date and Katharine Davies is acting for a subsidiary of an oil company in ICC arbitration proceedings.
The successful defense of an oil company in a lawsuit brought by the U.S. Department of Justice under the Clean Water Act and the Oil Pollution Act of 1990 to recover clean up costs associated with an oil spill upon the navigable waters of the United States.
Gained experience with hands on participation in building employee lodging camps for workers of oil companies in North Dakota

Not exact matches

Among other things Mr. Newsom helped set up a public - relations department within the company and retained the firm of Elmo Roper to poll public reaction to the oil industry in general and Jersey Standard in particular.
Andurand, who runs oil hedge fund Andurand Capital Management LLP, wrote in a string of tweets on Sunday that companies may be less willing to risk investment in long term oil projects because of low crude barrel prices and a predicted peak in electric vehicle demand.
Continental posted net income of $ 233.9 million, or 63 cents per share, compared with $ 469,000, or less than a penny per share, in the year - ago quarter, when oil prices plummeted - and the company's production costs were higher.
In the face of low crude oil prices, the company focused on natural gas, which had stronger rates.
Wednesday: Boeing & Biogen Boeing: In the past, this company has been deemed a loser on suspicions that airlines won't upgrade their fleets for fuel efficient planes now that the price of oil is so low.
Instead of hedging away from gas, as TransCanada and many other companies appear to be doing, it's a bet that gas will play a much bigger role in our energy future, probably at the expense of oil.
Back in 2005 the China Offshore Oil Company, or CNOOC, got burned when U.S. lawmakers made noises to block its US$ 18.5 - billion takeover of integrated Unocal Oil Company, eventually bought by Chevron.
Nearly as surprising was the willingness of Russia and private oil companies in North America to carry on at prices that were understood to be well below their break - even points.
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.
For the second consecutive quarter, Continental bested rival Whiting Petroleum Corp to be the largest oil producer in the Bakken, solidifying that crown and its place as one of the most - prolific U.S. shale companies.
When the company auctions that oilfield drill, for example, the goal is for its pricing model to forecast demand in the near future based on different factors, such as the price of oil, leaving Ritchie Bros. less vulnerable to market surprises.
The company operates in over 70 countries and produces about 3.7 million barrels of oil a day.
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.
The decreases are largely the result of the oil glut and all - time lows for crude prices — last year, mining, oil producers, and metal companies lost a combined $ 70 billion on $ 1.3 trillion in revenue.
But that disappeared in July when the U.S. National Transportation Safety Board admonished the company for its handling of a Michigan oil spill in 2010.
In June the company received the first - ever FAA commercial license for unmanned aircraft operations over land and water for its work with BP on Alaska's North Slope, part of a big push to develop oil and gas in remote areas with the help of UAVIn June the company received the first - ever FAA commercial license for unmanned aircraft operations over land and water for its work with BP on Alaska's North Slope, part of a big push to develop oil and gas in remote areas with the help of UAVin remote areas with the help of UAVs.
«The business model of an oil and gas company in the future is going to have to be built around the abundance model, where your returns are not going to be made by commodity price increases,» says Munro.
When oil prices last took a precipitous dive in 2009, David Yager was CEO of a medium - size oilfield services company.
The laudable mission statement of many oil and gas companies is to provide affordable energy to improve the world's living standards in an environmentally sound manner.
In the first decade of the century, the large integrated oil companies traded at an average discount of between 11 % and 12 % compared to their pure - play competitors, according to a study conducted at the time by Citi Investment Research and Analysis.
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.
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.
Lewenza recommends buying stocks in integrated companies — those that both produce and refine oil, so that one part of the business is essentially benefiting from the misfortune of the other — as well as in oil transportation, such as pipeline companies.
This reached a fever pitch at the beginning of the decade when we saw many integrated oil companies get broken up in a bid to «unlock» hidden value.
• Pandion Energy, a portfolio company of Kerogen Capital, agreed to buy a 10 % stake in two North Sea fields from Norwegian oil firm Aker BP, Reuters reports.
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.
And as has been pointed out, the oil crash hammered energy companies, but cheap oil and the low dollar (in Canada at least) should have spurred non-energy exporters to take advantage of those ideal conditions.
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.»
Among the biggest issues oil - and - gas - exploration companies face in the search for new sources of hydrocarbons is putting humans or high - value assets at risk.
Months of deliberations behind closed doors at Shell headquarters in The Hague, Netherlands, had led the top brass at the world's largest non-state-owned oil company by sales to conclude that the energy industry was changing fundamentally — in a way that could turn the profitable oil - sands operation into a liability.
The day before Marathon announced it was breaking up in January 2011, the combined company had a market value of around $ 28.9 billion, when oil was trading at around $ 90 to a $ 100 a barrel.
The share price of the Netherlands - based construction company, which specializes in the oil and gas industry, was halved in 2014.
He has applied for permanent residency in the U.K., and said in July that he intends to invest most of what he made selling his share of oil company TNK - BP in U.S. healthcare — well beyond the caprice and covetousness of any Russian leader or policeman.
The company said in February that it planned to buy back up to $ 5 billion of stock over 2018 - 2020 to share the benefits of higher oil prices with investors.
So, although «the risk of climate change is clear and the risk warrants action» (in the form of greater energy efficiency and emissions - reducing technology), the big oil company will not be writing down any of its reserves.
For somebody who had never been to New Orleans, but moved there initially to teach and then a year later left the classroom to start a company, I've seen firsthand just how much the community has invested in bringing in and retaining young people who really want to contribute to rebranding the city, bringing it from, old oil and gas and just tourism really into the 21st century with lots of high - tech, high - growth businesses.
Tillerson's predecessor, Lee Raymond, tried to buy Russia's most profitable oil company Yukos from the oligarch Mikhail Khodorkovsky, who had gained control of it during the highly corrupt privatizations under Boris Yeltsin in the 1990s.
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.
Saudi Arabia's oil - rich monarchy is one of America's most important strategic partners in the Middle East and a significant patron of U.S. defense companies.
This comes after the Norwegian oil company Statoil said it found an area containing up to 130 million barrels of oil in the North Sea.
Chinese oil companies thereafter directed more of their capital into stabler countries like Canada and Australia, notably with the $ 15 - billion acquisition of Nexen Inc. in late 2012.
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.
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