Sentences with phrase «oil companies some time»

What it does do is buy the big oil companies some time.

Not exact matches

The decreases are largely the result of the oil glut and all - time lows for crude prices — last year, mining, oil producers, and metal companies lost a combined $ 70 billion on $ 1.3 trillion in revenue.

Chesapeake Energy workers at one of the company's Texas oil fracking operations (Photo: Michael Stravato / The New York Times)

In the first decade of the century, the large integrated oil companies traded at an average discount of between 11 % and 12 % compared to their pure - play competitors, according to a study conducted at the time by Citi Investment Research and Analysis.

Perth - based data management company Tape Ark has completed a world first for the oil and gas exploration industry by demonstrating real - time seismic data acquisition using cloud storage rather than traditional tapes.

The giant oil and gas company reported dismal earnings on Tuesday, down 53 % from the same time last year.

The Financial Times reported on Thursday that the Treasury is «finalising» a $ 2 billion loan guarantee for Saudi Aramco, the state oil company that is gearing up for what would be the world's biggest ever stock market float.

That's left a lot of junk bond fund managers with plenty of exposure to the energy sector at a time when oil prices have crashed and defaults, particularly among fracking companies, are rising.

And this is, after all, the company that in 2000 «accidentally» sank the world's largest oil platform at the time just a few months after taking ownership of it.

In recent years, warmer temperatures have reduced the amount of time energy companies can explore onshore oil, due in part to drilling equipment that can only be used during the coldest months.

The integrated producers — companies that both produce and refine oil — are trading at 6.4 times cash flow, down from the eight times they were trading at in June.

& # 9650 ExxonMobil Every time the laundry list of operational lapses at BP got trotted out this year, the obvious point of contrast was rival ExxonMobil, the biggest of Big Oil companies.

MMA Offshore chairman Andrew Edwards has defended the timing of the company's recent $ 97 million capital raising at its annual meeting today, saying the oil and gas firm needed a solution to its debt problems.

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»).

Depending on where you live, there's legislation pending that will levy more regulations and taxes on fracking, which in a time of rapidly falling oil prices could significantly hurt local energy companies that provide jobs and work for small businesses.

Despite the dominance of the national oil company, Petróleos de Venezuela (PDVSA), its oil industry was for a long time professionally run.

With a market cap of about $ 25 billion at the time, the family - run oil and gas empire was the largest company Elliott had ever gone after, and it occupied a nostalgic place in American culture thanks to the novelty toy trucks it released each year at Christmastime.

Precision shares, though, are off nearly 30 % from their all - time high, as the company's earnings have been hit by weakness in the oil and gas sector, where the majority of the company's non-aerospace sales come from.

Riley was working in Houston for a major oil and gas company, putting in 10 - hour days and a three - hour commute, which kept her from spending time with her young son.

The current $ 2.2 - billion bid by Chinese state - owned Sinopec for Calgary's Daylight Energy marks the first time a Chinese company has attempted a 100 % takeover of a Canadian oil and gas producer.

From the time Enbridge began talking publicly about Northern Gateway almost a decade ago, the oil pipeline project — which is expected to get federal cabinet approval any day now — got off on the wrong foot by the company's lack of a presence in British Columbia.

Things didn't pan out well the last time a Chinese company bid for a sizable western oil company.

John Browne, who led BP from 1995 to 2007, and pushed for the company's one - time slogan «Beyond Petroleum,» knows how long the oil industry takes to change.

I have had, over my time at the University of Alberta, representatives from the Alberta Ministries of Environment, Energy, and Finance and Enterprise, many major oil, gas, energy services, pipeline and electricity companies, Epcor, the Pembina Institute, and many others speak in my classes.

One of my best friends at the time was a CPA, had been on the accounting team for one of the worlds largest oil companies, and was teaching small business accounting and bookkeeping at the time.

Vaselkiv pointed out there was a «game changer» in February this year when «Moody's took a chainsaw to $ 150 billion of investment - grade oil and gas bonds, and downgraded very high - quality investmen - grade companies to BB,» which he noted was a one - time opportunity to prove the strength of their portfolios.

PepsiCo, Inc. has won 10 times; and Shell Oil Company has won nine times.

Since founding Keir Carroll & Associates in 1985, (before which, he had real jobs) he has served such diverse clients as General Electric, CDW, Ropes and Gray, Boston Medical Center, MTV, Bose, Random House, St. Petersburg Times, United Technologies, AT&T, Ford Motor Company, American Airlines, Georgia Pacific, Shell Oil, The NBA, Harvard University, Bristol - Myers - Squibb, Price - Waterhouse Coopers, Delco - Remy, General Dynamics Electric Boat, CIT, Toyota, Ryder Truck, Aetna, New Balance, Symbol Technologies.

Bank of America, Office Depot and Shell Oil Company have won 10 times.

For a time, Chevron was part of a small group of oil companies — including BP, Shell and Total — that were publicly touting forays into renewable and alternative energy.

In 2014, The New York Times reported on Pruitt's extensive industry ties — which included oil and gas companies, utilities and lobby groups.

With petrol prices last week climbing over 140p for a litre of unleaded fuel for the first time ever (according to Experian Catalist) and the cost of diesel lingering around record highs, sentiment towards the oil companies has unsurprisingly started to fall again.

As you can see, many of these companies have been a part of the index for a long time without interruption, with General Electric being added in the year 1907, ExxonMobil (then Standard Oil of New Jersey) in 1928 and Procter & Gamble in 1932.

The Wyden - Gregg bill from 2010 does not repeal LIFO, though it does propose a one - time adjustment for large oil companies which reduces the benefit of LIFO by re-valuing their inventory.

At the same time, the company's oil and gas production dropped 10 per cent to 300,000 barrels of oil equivalent per day in the quarter from 334,000 barrels of oil equivalent per day last year.

The bull market began when investing in local «Gulf Companies» became in vogue with Kuwaitis who wished to ride the coattails of the Middle East's oil - driven economic boom of that time.

It's time to implement these common - sense measures to defend B.C. Oil companies have to meet far higher standards in neighbouring jurisdictions like Washington State.

OTTAWA — The Harper government is buying itself some more time to deal with a political hot potato, extending a review of the controversial $ 15.1 - billion bid by a Chinese state - owned company to acquire Calgary - based oil and gas producer Nexen Inc (TSX: NXY).

Companies said to be selling crude from Saldanha Bay in Africa Brent crude time - structure strengthens, encouraging sales Oil traders are emptying one of the world's largest crude storage facilities, located Continue Reading

But as the consortium of Asian energy companies that submitted the Canadian project for regulatory approval three years ago weighs it's options in a global energy market now flooded with cheap oil and gas, and further considers the 190 conditions attached to Ottawa's approval, including a cap on annual green house gas emissions, it may be some time before this project crosses the finish line.

The change is one of many in the North American energy landscape affecting Pemex, which also faces competition in exploration and production as Mexico prepares to allow foreign oil companies back into the country for the first time in 75 years.

The Financial Times has calculated that the company would only be worth $ 2 trillion if the price of oil can be sustained above $ 120 a barrel.

B.C. taxpayers can't afford these sorts of sweetheart deals in a time of austerity, especially when the Minister of the Environment admitted that the fees paid by Nestle and oil and gas companies likely wouldn't even pay the government's bill for administration related to the legal changes.

For the first time, the company is negotiating to sell its extra-light Olmeca crude oil in Europe, according to Pemex officials.

Capital spending is rebounding, new upstream projects launch weekly and several major integrated oil companies (IOCs) have posted consecutive quarters of profitability for the first time since 2014.

To be honest, I was quite surprised to find several oil patch companies offering raises at this time.

If problems associated with customers who do not pay on time are preventing your company from growing, then our oil and gas factoring services can offer you a solution to your cash flow worries.

The showdown also marks the first time in recent memory shareholders of a major oil and gas company have been given a choice of directors between what the company wants and what the dissident group wants (it is pushing for four of its nominees to be voted to the board).

Lying on the edge of the Amazon rainforest, the one - time backwater was transformed by an economic boom as the winding down of the conflict and a spike in commodity prices drew oil companies and multinational agricultural interests to areas that were previously off limits.

They are the ones who use racist, nasty comments about the poor on welfare and call them «takers» when in fact the Federal government spends 10 times more on corporate tax loopholes and «corporate welfare» in subsidies to oil companies, the sugar and corn industries and many others.