Sentences with phrase «oil block opl245»

Representing four Asian national oil companies against a European private oil company in a joint venture dispute concerning the operation of an Indonesian oil block.

An ICC arbitration, sited in London, involving rights to an off - shore oil block in West Africa allegedly valued in excess of $ 200 million.

New, leaked internal emails seen by Global Witness and Finance Uncovered show that Shell's most senior decision - makers knew that the money they paid for oil block OPL 245 in 2011 would go to convicted money launderer and ex-Nigerian oil minister Dan Etete — rather than to benefit the Nigerian people.

In 2011, Shell and Italian oil giant Eni paid $ 1.1 billion for an oil block, knowing the money would go to a front company secretly owned by a notorious former Nigerian oil minister, Dan Etete, who had been convicted for money - laundering.

Court order mandates the return of oil block OPL245, for which Shell and Eni paid $ 1.1 billion to a company secretly owned by a former Nigerian oil minister.

This comes just days after Nigeria's anti-corruption law enforcement agency seized a billion dollar oil block from Shell and Eni during a corruption investigation.

The oil block was sold in 2012 to the multinational oil companies Shell and ENI for over a billion dollars with the Nigerian government acting as a «straw man».

For constant oil temperatures, the other key component in the kit, is the «tried and true» GREX oil block adapter with integrated thermostat for quick engine oil warm ups.

The oil block and 10row oil cooler is connected by high flow -10 AN fittings and lightweight XRP performance lines.

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«All of the Amazon is a large oil block,» warns Patricia Alvarez Loayza, an ecologist and regional coordinator of Manu National Park for the TEAM Network, an international association that monitors tropical ecosystems.

She also said that the report that Italian prosecutors indicted her for sharing in the loot of the $ 1.3 billion OPL 245 oil block deal, which involved Malabu and the Joint Venture Multinational partners, ENI (AGIP) and Royal Dutch was false.

While justifying his call for allocation of oil block to cancer treatment, he said a Mevavoltage cancer therapy machine is available for 33 million Nigerians as against four to about 200,000 Australians, adding, «most patients have little or no access to Radiation Oncology services».

It could be recalled that the Economic and Financial Crimes Commission (EFCC) had dragged Adoke to court over alleged involvement in a $ 1billion Malabu Oil Block deal.

Against this backdrop, EFCC had on January 26, got an order for the forfeiture of the oil block, OPL 245 by Shell and Eni, which is considered as the largest oil block in Nigeria.

The deal, which was signed by the immediate past minister of petroleum, Diezani Alison - Madueke, gave Atlantic Energy Limited a controlling 55 percent stake in the oil block.

The bunch have all become a cult they do not want a new face to take over, well we d fans in other parts of d planet r appealing to fans in England first n others in neighboring countries to boycott matches till d end of d season then an oil block money that loves football, n has a winning mentality will buy our beloved Arsenal.

As at the time, the company, which was barely a year old and had no history of producing a droplet of oil, was awarded controlling stakes in two lucrative oil blocks — OML 30 and 34 — for just over $ 50 million each.

He also revealed that at least five companies which have been awarded oil blocks have not moved to site.

«We also urge the Federal Government to make an upward review of the derivation formula and consider strongly the inclusion of indigenous firms and the allocation of Oil blocks, «the group said.

Other issues include the issuance of oil blocks to the states and other stakeholders as well as the strengthening of the Niger Delta Development Commission, NDDC and the Ministry of Niger Delta Affairs.

(d) Sometime in 2009, Mobil Producing Nigeria Unlimited applied to the federal government for the renewal of three oil blocks.

As they share oil blocks to themselves, share positions to themselves, so they share national honour to themselves.»

«Some noticeably problematic amendments are absent from this bill, such as allowing the oil minister to decide what to do with any surplus or allowing the Nigerian president to allocate oil blocks for exploration.

`' Mr. Freddie Blay, the Acting Chairman of the NPP is the Board Chairman of GNPC and the GNPC has announced the sale of some nine new oil blocks.

Researchers in Taiwan found pumpkin seed oil blocked unhealthy prostate growth in male rats.

Once frozen, I use two empty coconut oil buckets to keep the coconut oil blocks in.

All of the oil blocks in the current licencing round overlap with environmentally protected areas, but one, the Ngaji block, is of particular concern.

It documents how the oil figures published by the Government of National Unity in Khartoum are smaller than the equivalent figures published by the China National Petroleum Corporation (CNPC), the operator of the oil blocks.

In effect, he gave himself one of the most valuable oil blocks in Nigeria and, with this deal was now cashing in.

[viii] Global Witness, «News Over Ownership Of Congolese Oil Blocks Raises Further Corruption Concerns», 29 June 2012: https://www.globalwitness.org/en-gb/archive/news-over-ownership-congolese-oil-blocks-raises-further-corruption-concerns/

Oil giants Shell and Eni knowingly participated in a vast bribery scheme for one of Africa's most valuable oil blocks which deprived Nigeria and its people of $ 1.1 billion, an exposé by Global Witness and Finance Uncovered reveals today.

Not exact matches

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.

Fossil - fuel subsidies drain government budgets, throwing up a fiscal wall that blocks state support for clean energy while protecting the interests of the oil industry.

Ever since John F. Kennedy signed Presidential Proclamation 3447 on Feb. 3, 1962, declaring «an embargo upon all trade» in response to Cuba nationalizing U.S. - owned Cuban oil refineries without compensation, Americans have been effectively blocked from doing business in the country.

The U.S. threatened to block the takeover of oil giant Unocal by the China National Offshore Oil Corp. in 2005; and when a merger created mega-miner BHP Billiton in 2001, the Australia government made sure the head office was located in Australia, not Britaoil giant Unocal by the China National Offshore Oil Corp. in 2005; and when a merger created mega-miner BHP Billiton in 2001, the Australia government made sure the head office was located in Australia, not BritaOil Corp. in 2005; and when a merger created mega-miner BHP Billiton in 2001, the Australia government made sure the head office was located in Australia, not Britain.

It was Canadian Business that, back in 2007, brought attention to California's low - carbon fuel standard that effectively blocks oilsands exports to that state — despite the fact that California's own exempted heavy - oil industry has been shown to be more carbon intensive than the oilsands average.

that, back in 2007, brought attention to California's low - carbon fuel standard that effectively blocks oilsands exports to that state — despite the fact that California's own exempted heavy - oil industry has been shown to be more carbon intensive than the oilsands average.

Mining giant Woodside Petroleum will expand its presence off the Moroccan coast after entering into a contract with the country's national oil company for a licence to explore another block of the Doukkala basin.

The Trump Interior Department announced Thursday plans to offer blocks in the Arctic, Atlantic and Pacific oceans for oil and gas exploration in an ambitious new five - year offshore lease plan.

The Trump administration announced Thursday a draft proposal to offer offshore blocks to oil and gas drillers in almost all of the U.S. outer continental shelf.

Anti-Keystone groups like to argue that blocking the pipeline would choke oilsand development in Alberta, but a much more likely scenario is that the oil industry would simply look for alternative transport means.

In an update to the ASX this week, Calima pointed out that testing of Painted Pony's first well in the Beg Block, just 40kms south of Calima's acreage, had averaged more than 2,000 barrels of oil equivalent per day.

Since then, the Trans Mountain project has pitted the NDP - led governments in Alberta and British Columbia against each other after B.C. proposed new oil spill regulations that would effectively block new oil pipelines from reaching the West Coast.

The fries have about 20 per cent fewer calories than the chain's regular fries as a result of a batter that blocks out some of the oil during frying.

Expanding offshore drilling April 28 In the same executive order, Trump ordered the Department of the Interior to create a new five - year schedule for leasing blocks of the U.S. outer continental shelf for oil and gas exploration.

A U.S. District Court judge has blocked the Interior Department from suspending an Obama - era rule meant to prevent planet - warming methane from escaping during oil and natural gas operations.

Representing one of its first major overseas acquisitions, the company's wholly - owned subsidiary, Woodside Energy (USA) Inc. reached agreement with the Marathon Oil Company — part of the USX - Marathon Group which is a unit of the USX Corporation in Pittsburgh — for the acquisition of interests in a number of deep water exploration acreage blocks in the Gulf.

And as if to make room for more foes in the federation, Kenney also hinted he could cut off oil exports to B.C. if Premier John Horgan, another New Democrat, takes action to block the Trans Mountain pipeline expansion.