Sentences with phrase «oil companies took»

However, in the first half of 2015 alone, oil companies took more write - downs than any other full year on record.

Were the oil companies taking advantage of a crisis to boost prices and profits, as some critics and some evidence seemed to show?

Were the oil companies taking advantage of us?

That's why vegetable oil companies take no care whatsoever with their product, blasting their sunflower oil with hexane and deodorisers, but do add some synthetic vitamin E at the last minute: they don't wish to sell a rancid product.

JK: Do you see the oil companies taking over the manufacture and distribution of hydrogen fuel?

Not exact matches

Friday: Chevron Chevron: This key company will take the pulse of oil, share insight on its projects and explain how it will amend its spending budget.

When oil prices last took a precipitous dive in 2009, David Yager was CEO of a medium - size oilfield services company.

Phil Davidson sees the company's prospects rising with those prices, so much so that if oil has a very long rally, «we will probably be out of the stock,» selling to take profits.

And as has been pointed out, the oil crash hammered energy companies, but cheap oil and the low dollar (in Canada at least) should have spurred non-energy exporters to take advantage of those ideal conditions.

Many oil sands production facilities, while not directly harmed by wildfire, have been taken offline as companies evacuate

Of course, if oil companies don't take steps to reduce emissions, then their prediction that governments won't meet their targets is self - fulfilling.

When the Rockefellers were building up the Standard Oil Company, they took over the business that Rogers worked at, and he quickly rose up the ranks within Standard Oil.

Take, for example, a Chinese company that wants to build a pipeline to the B.C. coast to export oil to China.

«Particularly with oil prices hitting lows at some point in the first quarter... lots of sub investment - grade firms could be under a lot of stress, and for those with stronger balance sheets, those companies could take this as an opportunity to buy and acquire assets,» Deshpande said in a phone interview.

In 2001, with an investment of $ 1 million, Army vet Hulburt co-founded Rex Energy, an independent energy outfit he grew into a $ 300 million company by buying up oil and gas fields before taking it public in 2007.

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.

Tensions between PDVSA and foreign oil companies have steadily risen since Quevedo took charge in November and appointed military officers who had little or no oil industry experience to senior jobs.

The Saudi Stock Exchange has taken steps to prepare for the initial public offering of state - owned oil company Aramco.

The company has also had to take big losses related to write - downs of the value of its oil and gas assets, to reflect the lower prices these energy commodities are garnering on the open market.

U.S. energy companies added 12 oil rigs drilling for new production last week, taking the total to 759, General Electric Baker Hughes energy services firm said on Friday.

The incident took place during the construction of an oil platform for French energy company Total's Martin Linge field off Norway.

The state took over YPF, an oil and gas company owned by Spanish energy company Repsol, and she feuded with soy farmers (who grow one of Argentina's biggest exports.)

This year's Fortune 500 generated a total of $ 944.5 billion in earnings, which are down 12.6 % from last year's record of $ 1.08 trillion, in large part because tumbling oil prices took a toll on the majority of the companies on the list.

Some oil and gas companies have taken voluntary measures to reduce their methane emissions.

Exploration and production companies have so far steered clear of taking sides, but Weir's departure would deprive Scotland of a valuable link in the production chain just when the country most needs innovative solutions to boost oil output.

In April, Royal Dutch Shell (rydaf) decided to take advantage of the drop in the values of fellow oil companies and buy BG Group.

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.

The Health Department has taken just one action against an oil company in the past three years, citing Continental Resources for oil and brine spills that turned two streams into temporary toxic dumps.

Based on that logic, Enbridge has warned that oil companies could pay as much as $ 315 - million in additional annual tolls by 2013 if Keystone XL is built, and takes away some of the crude that might otherwise flow through the Enbridge system.

Many oil and gas companies spin their own MLP to take advantage of the liquidity of a public company while...

The downside of a P / E is that it is based on historic earnings, and that those earnings could be low for a specific and not - to - be-repeated event (for example, a bank taking bad debt provision, or san oil company paying compensation for environmental issues).

The founder, chairman and CEO of oil company Continental Resources now has a net worth of $ 10.1 billion, but at age 16 he had to take a job at a gas station to support his loved ones.

Banks and utility companies slipped, and energy companies took losses as oil prices fell for the fourth day in a row.

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.

It's not just oil... iron ore, aluminum and steel are all getting slammed, as the decline in commodity prices takes a toll on companies and the global markets.

We took the company private, improved the business, and three years later sold it to Tosco, an oil company, earning our investors a more than quadrupled return on their money.

Jeff, I find it baffling that the last few blogs you have posted (on Alberta oil and it's long term benefits not only to oil companies but to Alberta and Canada) only take and see the short view instead of the long view.

Such an agreement would help support oil prices — Saudi Arabia, in particular, seeks higher prices to take Saudi Aramco, the world's largest energy company, public — but it's likely American shale producers would ramp up production to fill the void.

Years of underinvestment at state - controlled oil company Petróleos Mexicanos (Pemex) have taken their toll.

I have recently changed industries and a few months ago took a job with an oil company.

Contributing to the decreased supply is the Trump Administration's sanctions on OPEC countries boosting reliance on domestic oil supplies and a long - running economic crisis in Venezuela, where oil workers have been «resigning in droves» since their state oil company was taken over by a military leader.

Oil and gas companies, for example, take advantage of special depreciation rates, two of which are about a century old.

But plummetting oil and gas prices took a toll on that company too, putting free cash flow and profits under enormous pressure.

According to this individual (whom I won't name), the primary reason for the reduction in breakeven price is because all the oil field service companies have had to take huge cuts in their contracted service fees in order to continue operating in the Bakken.

The oil market crash over the past two years has strained the state - owned company even further, with the finances having «taken a huge blow,» Coldwell said.

The belief was that KMI would be immune to oil price volatility, given that they acted as a tollbooth operator (they are a pipeline company), and benefit from take - or - pay contracts that generate revenue based on volume.

New York City is taking on the oil industry on two fronts, announcing a lawsuit Wednesday that blames the top five oil companies for contributing to global warming and saying the city will sell off billions in fossil fuel investments from the city's...

The Abu Dhabi National Oil Company announced plans to take some of its services businesses public on Monday.

With lower prices forcing many oil companies to take on more debt, the bankruptcy or closure of one or more major oil companies is not an impossible scenario, and would have major repercussions on oil prices, both in the short and long term.

The lower - for - longer outlook for oil prices took its heaviest toll yet in the third quarter as oil companies again reported a dramatic drop in income.