Sentences with phrase «oil and oil products»

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.
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