Sentences with phrase «oil assets from»

Chrysten Perry, who joined from Norton Rose Fulbright in 2015, jointly leads the energy group and is also highly regarded for oil and gas deals; she advised Teine Energy on its C$ 975m acquisition of oil assets from Penn West Petroleum.
Also active in this space is Frederick Erickson, who recently advised Cheung Kong Infrastructure and Power Assets Holdings in their C$ 1.7 bn acquisition of a 65 % interest in certain oil assets from Husky Energy.

Not exact matches

Data from hedge fund analytical tool Kensho that examined patterns coinciding with U.S. military actions in the Middle East dating back to the 1990s show that in the day, week and month after a Mideast strike, oil has underperformed other assets, and the energy sector has been one of the worst in the S&P 500.
It said the ramp - up of production from new projects such as Yamal LNG in Russia and Moho Nord in Congo, along with newly acquired assets, including Maersk Oil and Al Shaheen in Qatar, had enabled it to reach record production during the quarter.
Perth - based oil and gas company Antares Energy has received a fresh $ US300 million offer from an undisclosed party for its Permian Basin oil and gas assets in Texas, less than six months after it backed out of a previous sale agreement.
Williams's confidence may come from his predecessor, Rick George, who used periods of low oil prices to snap up assets, exploit economies of scale and accrue shareholder value.
The consumer watchdog has given the green light to Woodside Petroleum's proposed purchase of oil and gas assets from US energy company Apache, after concluding it would not have a significant effect on the domestic gas market.
Diplomats have said the UN Security Council could now consider banning Pyongyang's textile exports and the North's national airline, stop supplies of oil to the government and military, prevent North Koreans from working abroad and add top officials to a blacklist to subject them to an asset freeze and travel ban.
It reported heavy oil production from its Pelican Lake operations rose 38 per cent thanks mainly to its $ 975 - million deal to buy assets there from Cenovus Energy Inc. last fall.
Cenovus» first quarter saw an increase in its oil sands production to 144,000 barrels per day, up 20 % from the same period in 2014, and lowered operating costs across its assets.
The oil major currently trades at a fraction of its net asset value, thanks mostly to the black eye it took from the massive oil spill in the Gulf of Mexico last year.
Scoring a major asset at a time when oil prices had hit major lows has transformed Perth - based junior Kalrez Energy NL from a gold explorer to an oil and gas producer.
For its 2018 projections, Franco - Nevada expects attributable royalty and stream production to total 460,000 to 490,000 GEOs (gold equivalent ounces) from its mineral assets and revenue of over $ 50 million from its growing oil and gas assets.
Over a year which has seen large banks halt funding for fossil fuel projects, major institutions divest from oil, gas and coal holdings, and oil companies snap up power and renewables companies in a bid to diversify their asset base, research published today by the UK Sustainable Investment and Finance Association (UKSIF) and the Climate Change Collaboration suggests nervousness over climate risk has shot up in financial circles.
The company last year said it would exit its underperforming U.S. shale oil and gas business after coming under pressure from Sydney - based Tribeca Investment Partners to sell the assets.
Eventually, Rockefeller's oil operations became so vast that he could fund all of his expansion efforts from his own profits, but there was a point in time in which Morgan was mad as hell that he couldn't get an asset override on Rockefeller's wealth, and you better believe there is a take - home lesson in that anecdote.
However, Asian interest in developing investment ties with Canada is not limited to China: Companies from Japan, Korea, Malaysia and Thailand have invested capital in Canadian oil and gas assets, and other Asia - based companies are looking at investment opportunities.
There was a time when actively managed funds — which can include a mix of stocks, bonds or other assets (from commodities like oil to real estate)-- were the norm.
If Canada wants to benefit from Asia's development and growth, and remain a relevant and important energy partner in Asia, we must «think big» about exporting to multiple countries within the Asia Pacific, and «think beyond» oil and natural gas to include all of Canada's energy related assets, particularly the renewable and clean technologies that will help Asia mitigate its own climate - change challenges.
We also still favor assets levered to rising oil prices — energy stocks and select master limited partnerships — and other commodities that should benefit from accelerating global growth.
China's oil industry began a new era of growth as early as 2008, and from 2009 to 2013 Chinese oil companies were particularly keen on investing in foreign oil assets.
Meanwhile, sovereign wealth funds in the UAE, Kuwait and Qatar are flush with cash from high oil prices and are on the lookout for attractively priced European assets.
Libyan assets in Britain which were previously frozen are to be released, including # 91 million of frozen funds from a Libyan oil company, the Arabian Gulf Oil Compaoil company, the Arabian Gulf Oil CompaOil Company.
ClimateWire ranked only the top 40 U.S. oil and gas companies by assets, who together contributed 67 percent of the methane emissions from the production sector.
From an industry point of view, about 64 % of the fund's assets at the end of October were in financials, 15 % were in oil and gas stocks, and 6 % in telecoms.
The firm grew over its 57 - year history with safe investments in legacy assets from other oil companies.
Green Century also is a signatory for the United Nation's Principles for Responsible Investment (UNPRI), through which Green Century's shareholder advocates have organized asset managers across the globe to help protect tropical forests from destruction due to irresponsible palm oil, soy and cattle production.
If XOM's cash flow generation doesn't improve, either from rising oil prices and production, substantial reductions in capital expenditures and costs, or additional asset sales, it will need to continue tapping debt or equity markets to fund the gap.
This allows you to take profits from your various assets (real estate, oil, dividend stocks, you name it) and convert those profits into tax free dollars via policy loans, to use for additional cash flow asset purchases, large ticket purchases (vehicles, office equipment), retirement income, etc..
Assets often include property (real estate investment trusts), royalties from oil and gas production (royalty trusts) or business income (income trusts).
Excess capacity was brought on by many hard asset firms just as the boom was going bust, thanks to the long lead time to start producing from a mine or oil well.
For example, if the price of a barrel of oil goes from $ 50 to $ 55, the value of a binary option based on that underlying asset would also tend to go up.
As a professional investor he is positioning his clients to profit from what climate change — and our collective response to it — will do to farmland, forestry, infrastructure and oil assets, and to government budgets and bond prices.
Even with adjustments, PTR still has large upside potential (in terms of asset values), but it continues to suffer from the same old problems (which oil's current pricing & market sentiment just exacerbates).
Underlying asset or instrument — this can be anything from gold and crude oil to a specific stock or share.
Third, there were some asset purchases and rationalizing of assets between the portfolio companies during the past 4 months; Several oil / gas well drilling companies / assets were acquired by different affiliates within the portfolio, then the companies / assets were consolidated under Steel Excel (the shell of the old ADAPTEC), presumably upstreaming some cash from Steel Excel to the holding company for further investments.
Aspen Exploration Corporation (OTC: ASPN) has announced that it will pay a cash dividend of $ 0.73 per share to stockholders of record on November 16, 2009 from the proceeds of the sale of its California oil and gas assets to Venoco, Inc. $ 0.73 per share represents $ 5.3 M, which is just over the mid-point of the $ 5.0 M to $ 5.5 M range estimated by the company.
given the current market it probably does not matter where the «yield» comes from — there is a rally in oil trusts (a wasting asset) and mReits (who made much of their 2012 «yield» by realizing non-recurring capital gains).
And in fact if you look at what's happened in the next decade, a lot of companies that produced commodities or oil did extremely well and actually offered a great deal of stability, because it's hard asset from the ground.
With a world created by Robert Kurvitz as ongoing source material and visual assets drawing on an oil painting look from Russian Realist painters, what have been the challenges in uniting these varied elements, and which parts «clicked» the fastest?
Whitney Museum of American Art, New York, 117 Oil and Water Color Originals by Leading American Artists, May 21 — June 18, 1948; exhibition and sale of works from the collection of the War Assets Administration (catalogue).
The 25 - minute documentary outlines how this Caribbean island nation, tucked a few dozen miles from the South American coast and long a refining hub for Venezuelan oil, is struggling to expand tourism but do so without degrading a prime asset drawing visitors — its coral reefs.
The Barts of the world want oil and gas fields to be different from all other depreciable assets.
Jeremy Grantham, a billionaire fund manager who oversees $ 106bn of assets, said his company was on the verge of pulling out of all coal and unconventional fossil fuels, such as oil from tar sands.
Hydrodec recently acquired the business and assets of OSS Group, the UK's largest collector, consolidator and processor of used lubricant oil and seller of processed fuel oil, with a national network of oil storage and transfer stations, currently serviced by a fleet of more than 90 trucks which collect used oil and other garage workshop waste from over 30,000 customers.
New York City is suing five of the largest oil companies over the billions of dollars it spends protecting the city from the effects of climate change, and it plans to divest its pension funds» $ 5 billion in assets involving fossil fuel producers, Mayor Bill de Blasio announced Wednesday.
We have an agreement between every country in the world to have a dramatic shift away from the use of fossil fuels, and yet still fossil fuel companies dominate our stock exchanges, and on the basis that they're going to utilise all of the assets, all of those oil and gas reserves, which we absolutely can't burn.
The new government should introduce legislation that would ensure competitive and transparent bidding for mining and oil assets, and guarantee the publication of all revenues generated from these sectors.
A sizable portion of Klein's funds come from the IPOC Group, an international growth fund owned by Russian minister of telecommunications and Putin friend Leonid Reiman; Spectrum Partners, a Moscow - based energy investment firm with major assets in Russian oil and gas; Rosneft, the Russian - government - owned oil and gas giant that is one of Wakefield's largest clients; and other Russian companies.
Another Scandinavian country is also cutting ties to coal as six Danish pension funds — which combined manage $ 36.3 billion in assets — decided in April to divest from coal, tar sands and deepwater and Arctic oil exploration.
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