Most
oil and gas companies demand favorable credit terms in their contracts.
Not exact matches
And in 2007, with crude prices on the rise, voracious demand for new shares of PetroChina on the Shanghai Stock Exchange caused the Chinese oil and gas company's market value to briefly top $ 1 trilli
And in 2007, with crude prices on the rise, voracious
demand for new shares of PetroChina on the Shanghai Stock Exchange caused the Chinese
oil and gas company's market value to briefly top $ 1 trilli
and gas company's market value to briefly top $ 1 trillion.
Among the factors that could cause actual results to differ materially are the following: (1) worldwide economic, political,
and capital markets conditions
and other factors beyond the
Company's control, including natural
and other disasters or climate change affecting the operations of the
Company or its customers
and suppliers; (2) the
Company's credit ratings
and its cost of capital; (3) competitive conditions
and customer preferences; (4) foreign currency exchange rates
and fluctuations in those rates; (5) the timing
and market acceptance of new product offerings; (6) the availability
and cost of purchased components, compounds, raw materials
and energy (including
oil and natural
gas and their derivatives) due to shortages, increased
demand or supply interruptions (including those caused by natural
and other disasters
and other events); (7) the impact of acquisitions, strategic alliances, divestitures,
and other unusual events resulting from portfolio management actions
and other evolving business strategies,
and possible organizational restructuring; (8) generating fewer productivity improvements than estimated; (9) unanticipated problems or delays with the phased implementation of a global enterprise resource planning (ERP) system, or security breaches
and other disruptions to the
Company's information technology infrastructure; (10) financial market risks that may affect the
Company's funding obligations under defined benefit pension
and postretirement plans;
and (11) legal proceedings, including significant developments that could occur in the legal
and regulatory proceedings described in the
Company's Annual Report on Form 10 - K for the year ended Dec. 31, 2017,
and any subsequent quarterly reports on Form 10 - Q (the «Reports»).
Similar to some
oil and gas companies, many coal miners accumulated major debt loads when prices were high
and demand seemed sustainable.
The sponsors withdrew the resolution after the
company agreed to report on how much of its
oil and gas reserves would become unsellable — or stranded — if a global treaty decreased fossil fuel
demand.
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A
company with a very long history of dividend raises, that is no doubt feeling a bit of pinch as
demand for their
oil and gas services are weakening in the near term, DOV still looks attractive at current prices.
However, their long - term contracts
and the fact that greater use of frac sand is one way for
oil and gas companies to maximize productivity from each well means that
demand declines might prove smaller than those of other
oil services
companies.
Guar Gum, commonly used for baking
and a thickening agent, witnessed a sudden increase in
demand when
oil and gas companies started using the material for fracking explorations.
The increase in
demand for electricity, reduction in the quantity of water at the Akosombo Dam, irregular
gas supply from the West Africa Gas Pipeline Company in Nigeria, irregular maintenance programmes and late procurement of crude oil to power generation plants, have conspired to plunge the country in the current power cris
gas supply from the West Africa
Gas Pipeline Company in Nigeria, irregular maintenance programmes and late procurement of crude oil to power generation plants, have conspired to plunge the country in the current power cris
Gas Pipeline
Company in Nigeria, irregular maintenance programmes
and late procurement of crude
oil to power generation plants, have conspired to plunge the country in the current power crisis.
Rather, the world's largest
oil company maintained that all sources of energy, including fossil fuels, will be necessary to meet the future global
demand and that the best path toward managing greenhouse
gas emissions is through technology advancement
and adoption of energy efficiency programs.
There will thus be a greater
demand for
oil and natural
gas from
companies like Petrobras Brasileiro.
The onset of the global recession in the fall of 2008
and the resulting decrease in worldwide
demand for hydrocarbons caused many
oil and natural
gas companies to curtail capital spending for exploration
and development.
The seasonal trend for vessel utilization can be disrupted by hurricanes, which have the ability to cause severe offshore damage
and generate significant
demand for our services from
oil and natural
gas companies to restore shut - in production.
«Our upcoming property will cater to pent - up
demand from the corporate sector, which contributes around 90 per cent of hotel
demand in Basra due to the high volume of
oil and gas and shipping
companies based in this booming region of Iraq.»
The
companies are also anticipating rules to limit emissions that would make
oil and natural
gas more expensive, potentially reducing
demand for the fuels.
I can't speak for
oil and gas analysts, but I'd be surprised based on past experience in the industry if the risk of a 10 % or greater drop in global
demand for
oil or
gas in the 2030s would have much of an effect on their price targets for
companies — certainly not enough to qualify as a bubble.
Not only will much of their reserves be unusable, but big
oil and gas companies face the threat of waning
demand as the international community moves toward a more sustainable economy.
These large organizations are some of the major customers for
oil companies,
gas and electric utilities, sustaining
demand for fossil energy.
The
company expects energy
demand to grow at an average of about 1 % annually over the next three decades — faster than population but much slower than the global economy — with increasing efficiency
and a gradual shift toward lower - emission energy sources:
Gas increases faster than
oil and by more BTUs in total, while coal grows for a while longer but then shrinks back to current levels.
The first, is a major focus on mapping out the implications of the energy transition involved for key stakeholders, with a focus on coal,
oil and gas sectors, on capital expenditure by
companies and scenario planning around
demand and supply.
The scenario which Exxon uses is more generous in terms of future
oil and gas demand than some other scenarios, so investors will want to satisfy themselves it is a genuine stress test of the
company's business.»
By Brad Plumer, NYTimes, Feb 2, 2018 Exxon Mobil's shareholders — concerned that the
company's main businesses,
oil and natural
gas, may be imperiled — had
demanded last year that the
company give a more detailed accounting of the consequences of global policies aimed at curbing emissions of earth - warming
gases.
Some of the difference between the
oil company scenarios
and those from green NGO's
and academics is due to fossil fuel lobby assumptions about
demand and the role of
gas (including shale
gas), with CCS also seen as coming on line in a big way.
Chevron
and other giant energy
companies are
demanding a TTIP investment chapter that will allow them to sue governments if environmental or other regulations interfere with their expected future profits by, for example, restricting
oil and gas drilling, imposing pollution
and oil spill controls or constraining the use of hydraulic fracking techniques to extract natural
gas and oil from shale formations.
A group of 70 global investors managing more than $ 3 trillion of collective assets have launched the first - ever coordinated effort to spur the world's 45 top
oil and gas, coal
and electric power
companies to assess the financial risks that changes in
demand and price pose to their business plans.
We
demanded that New York stop investing billions of public pensions fund dollars in the
oil,
gas and coal
companies that are causing storms like Sandy, Maria
and Irma.
Indeed, the standard references the impact upon
demand and we highlight the potential usefulness of this element for
oil and gas companies to assess climate - related business impacts.
Investors are obliged to weigh any number of unknowns: will Venezuela increase production
and keep heavy
oil differentials high; will the price of natural
gas rapidly rise; will climate change suddenly force governments to introduce carbon taxes; can the
companies control their labour
and construction costs; will global
demand continue to rise?