We have an extensive track record in the financing of the production, export, transport, warehousing and sale and purchase of commodities including
oil and oil products; bio fuels; chemicals; precious and base metals; soft commodities such as coffee, sugar, cocoa, grains, paper, cotton and textiles; and related assets such as carbon credits.
Growing overseas demand for
oil and oil products - with some piling on by day traders - is why the US government is incapable of rapidly bringing down the cost of gasoline to under two bucks.
If
oil and oil products are taxed on the amount of carbon dioxide generated in producing that oil, then oil is no longer just a commodity.
I expect, however, that there will be three first - order effects that will be very similar to those that followed the BP spill: 1) increased public consciousness of the dangers inherent in transporting
oil and oil products and more aversion to having these products moved nearby; 2) increased calls for alternatives to oil rather than alternative means of transporting oil; and 3) decreased trust in regulators» and firms» abilities to sufficiently mitigate risks from transporting oil.
He said the gas price would be based on a formula linked to that of
oil and oil products.
I expect, however, that there will be three first - order effects that will be very similar to those that followed the BP spill: 1) increased public consciousness of the dangers inherent in transporting
oil and oil products and more aversion to having these products moved nearby; 2) increased calls for alternatives to oil rather than alternative means of transporting oil; and 3) decreased trust in regulators» and firms» abilities to sufficiently mitigate risks from transporting oil.
«We established a long time ago that large quantities of
oil and oil products from territory captured by Islamic State have been arriving on Turkish territory,» Putin continued.
Despite the ongoing oil production cuts across OPEC, Kuwait has announced plans to expand
its oil and oil product tanker fleet twofold over the next 20 years to 60 vessels, Continue Reading
... Russian oil and gas sales, he points out, have always emphasized long term, 20 year, «take or pay» pipeline contracts, with the cost of gas based on a basket of crude
oil and oil product pricing.
Not exact matches
What it does: Sells essential
oil - based wellness
products through its own stores
and online
«You have an economy where 85 percent of export is some form of
oil and the rest, even the non-
oil, is petroleum
products,» Iradian said.
New natural gas pipelines do not face the same kind of opposition as
oil pipelines because the
product is a gas
and, in case of a leak, it escapes into the atmosphere rather than fouling waterways
and soil.
We were selling staple
products,
and people want their cooking
oil or toilet paper tomorrow, not in 30 days.
Job creation is projected to slow down over the next few years due to technological advances in
oil sands processing
and a slower growth in international demand for
oil products, but the growing demand for base metals is expected to buoy employment opportunities.
A second
product, derived from Jamaican black castor
oil, followed,
and production has outgrown the basement facility overseen by co-founder Sam Roberts.
But if it's longer than that — which does look possible — we're going to see a significant rise in the price of crude
oil,
and in the price of refined
products, especially in Western Canada.»
The typical suppliers of this
product are trading
and oil firms that have close relationship with PDVSA, including Russian energy giant Rosneft.
The US has long had anti-Iran sanctions in place,
and recently persuaded the EU, a crucial customer for Iran, to launch a boycott of its
oil and other
products.
Large integrated
oil companies are known as such because they not only produce
oil, but they also refine it into finished
products, such as jet fuel, gasoline, heating
oil,
and diesel,
and sell it via a network of gasoline stations.
The
oil and gas industry
and its
products account for half of global carbon dioxide emissions.
Companies that refine
and sell petroleum
products pay market price for
oil, so their costs are rising, but a shaky economy makes it harder for them to pass costs on to customers.
«If you're faced with eventually displacing your core
product of
oil and gas production with something new, it's an enormous task,
and it will take a long time.
So policy makers focus on «core inflation,» which ignores changes in prices for fruit, vegetables, gasoline, fuel
oil, natural gas, mortgage interest, intercity transportation, tobacco
products and indirect taxes.
For example, refining margins tend to expand when
oil prices decline as the savings refiners reap from using cheaper crude to make gasoline
and other
products aren't immediately passed on to consumers at the pump.
With headquarters in London
and Houston, the combined company will have roughly $ 23 billion in annual revenue
and offer oilfield gear including blowout preventers, pumps, drilling, chemicals, other
products and services for
oil producers in 120 countries.
For TransCanada, the financial imperative to build Keystone may have fallen off recently amid a sharp drop in
oil prices that could make extracting
and transporting the
product much less lucrative.
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 biggest sectors of steel consumption are in the construction industry, the auto industry,
oil and gas industry, all of which need these
products to produce competitive
products,» warns Yerxa.
The flat growth in the core consumer price index (CPI), which includes
oil products but excludes volatile fresh food prices, matched a median market forecast
and followed a 0.1 % rise in December, data from the Internal Affairs Ministry showed on Friday.
Third, the government of Alberta takes bitumen (
and conventional
oil and gas) royalties in kind,
and their responsibility is to market those
products to maximize the value to Albertans.
Job creation is, however, projected to slow over the next few years due to technological advances in
oil sands processing
and slower growth in international demand for
oil products.
• Black Bay Energy Capital invested in Downhole Chemical Solutions, a Texas - based provider of stimulation
and completion chemical
products and services to the
oil and gas industry.
«Cumulatively, between 2015
and 2017, the world has added around 5 mb / d of demand for
oil products on the back of healthy economic conditions globally
and a relatively steady
product price environment,» OPEC said.
The firm even built its own
oil barrels
and employed scientists to find new uses for petroleum by -
products.
The Northern Gateway project consists of two pipelines (one to ship
oil west, the other to import lighter
oil products used to dilute
oil sands bitumen)
and a marine terminal.
«This ain't your daddy's
oil», the ad says, in what API described as «a modern look at how
oil is integrated into
products consumers use now
and in the future supported by bold visuals.»
The company offers a range of cannabis
products, including carbonated beverages, fudge bars
and oil cartridges for vaporizer pens.
America might be on its way to become a net
oil exporter, but there's no reason why this should get in the way of building pipelines that connect different types of
oil plays to the refiners best equipped to turn their crude into the petroleum
products that feed North America's economy
and the world's.
This supplier of tech, services,
and products for the
oil and natural gas industry operates in the Americas, Europe, Russia, Africa, the Middle East,
and Asia Pacific.
It is a mirror image of what happened with distillate
products in the winter, when weak demand for diesel
and heating
oil left a big surplus in those
products,
and hammered independent refiners» earnings at a time when those
products are normally in high use.
«We set up sales offices in strategic locations across the world
and introduced our
products to end users
and distributors» — Fred Atiq, Chairman, MOST
Oil
According to the terms of the partnership, Lego manufactured Shell - branded gas stations
and racing cars in exchange for the
oil giant making those
products available through its global network.
It will help small to medium - sized American
oil companies like Continental Resources, Oasis Petroleum,
and Whiting Petroleum get their
product to market faster, safer, cheaper,
and more efficiently, compared to alternatives, like rail.
Morgan Stanley also noted that
oil and gas exports account for nearly 16 percent of Malaysia's gross domestic
product (GDP),
and the sector has been hard hit by crude prices falling below $ 50 a barrel again.
The positions involved at Koch Supply & Trading were primarily in refined
products and fuel
oil trading
and operations, according to the sources.
Those refiners will then turn that
oil into gasoline
and other clean
products for the American market.
It buys
oil products from refiners
and delivers it to corporate customers such as FedEx
and GM all over the country.
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.
The IEA's estimates of global
oil product demand in 2017
and 2018 were left roughly unchanged at 97.8 million barrels a day
and 99.1 million barrels a day, respectively.
The workers oversaw operations
and procurement at Petropiar, an
oil upgrading project co-owned by PDVSA
and Chevron to transform Orinoco Belt's extra heavy crude into an exportable
product.