Sentences with phrase «oil company awarded»

Not exact matches

CARACAS, Venezuela — ConocoPhillips says it won $ 2 billion arbitration award against Venezuela's state oil company over asset seizures.

On the same day the Obama Administration put the kibosh on the Keystone XL pipeline, two engineering contracts totaling $ 12.2 billion were awarded to two U.S. companies for work in the Alberta oil sands.

Petrobras handed over $ 42.5 billion of the $ 70 billion it raised to the government for the right to produce 5 billion barrels of pre-salt oil in areas not previously awarded to the company.

Cenovus Energy, a Canadian oil and natural gas company, will award a $ 5,000 scholarship to two Canadian students with at least 2 years of undergraduate study completed.

Recent developments regarding a pre-salt award to US oil company Cobalt International Energy may herald a new era of US regulatory activism with consequences for Angola and other oil - rich states, but it is too soon to tell.

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.

He said the federal government is planning to conduct a licensing round for the award of oilfields in inland basins to companies to prospect for crude oil,

The best taxpayer under the Customs Division went to Ghana Oil Company Limited; Vivo Energy Ghana Limited received the award for the second best taxpayer for the same category while Total Petroleum came third.

A state - owned oil company which can award contracts worth billions of dollars without the knowledge of the minister of state for petroleum who is also chair of its board, and which can administer a petrol subsidy scheme that is not budgeted for is probably not an epitome of anti-corruption!

«I am a woman from the Niger Delta, who, through perseverance and sheer hard work rose to one of the highest positions in the country's premier International Oil Company, and in tune with my ethos of hard work, I earned the prestigious British Foreign and Commonwealth Chevening Scholarship Award and was, thereafter, admitted to my MBA programme at the World renowned Cambridge University,» she said.

By this, the ministry is moving away from the practice where oil blocs are awarded to companies without open market bidding.

The Bulk Oil Storage and Transportation Company Limited (BOST) has been honoured at the 2017 Ghana Shippers Awards ceremony organized in Accra on Friday.

Tagged with: African CEO Impact Award Chamber of Bulk Oil Distribution Companies (BDC) Ghana News Senyo Hosi

Oil companies would commission their own more precise seismic surveys after they were awarded leases, says Judy Penniman of the American Petroleum Institute, the industry's Washington, D.C. — based trade association, and test drill the most promising oil deposiOil companies would commission their own more precise seismic surveys after they were awarded leases, says Judy Penniman of the American Petroleum Institute, the industry's Washington, D.C. — based trade association, and test drill the most promising oil deposioil deposits.

The portrait award, regularly targeted by campaigners who object to oil company sponsorship of the arts, is in its 39th year at the National Portrait Gallery and 29th year of sponsorship by BP.

0 0 24th ANNUAL TEXAS PAINTING AND SCULPTURE EXHIBITION 1962 - 1963 Sponsored by the San Antonio Art League and Witte Memorial Museum Dallas Museum of Fine Arts Museum of Fine Arts, Houston EXHIBITION Witte Museum, San Antonio Corpus Christi Art Foundation, Centennial Museum Beaumont Art Museum Dallas Museum of Fine Arts JURY John Gordon, Curator, Whitney Museum of American Art, New York PURCHASE PRIZES $ 1200 San Antonio Art League Purchase Prize for the permanent collection of the Art League $ 1000 State Fair of Texas Purchase Prize for the permanent collection of the Dallas Museum $ 750 Sears, Roebuck and Company Purchase Prize for the permanent collection of the Dallas Museum $ 500 Museum of Fine Arts, Houston, Purchase Prize for the permanent collection of the Houston Museum CASH AWARDS $ 100 Beaumont Art Museum Award $ 100 Corpus Christi Art Foundation Award $ 100 Foley's of Houston Award $ 100 Museum of Fine Arts, Houston, Award * $ 100 Museum of Fine - Arts, Houston, Award * $ 100 Pollock Paper Corporation Award $ 100 Schlumberger Well Surveying Corporation Award additional awards may be announced later * donated by Humble Oil & Refining Company of Houston ELIGIBILITY The artist must be a permanent resident of Texas, having lived at least six months in the state during the year preceding the competAWARDS $ 100 Beaumont Art Museum Award $ 100 Corpus Christi Art Foundation Award $ 100 Foley's of Houston Award $ 100 Museum of Fine Arts, Houston, Award * $ 100 Museum of Fine - Arts, Houston, Award * $ 100 Pollock Paper Corporation Award $ 100 Schlumberger Well Surveying Corporation Award additional awards may be announced later * donated by Humble Oil & Refining Company of Houston ELIGIBILITY The artist must be a permanent resident of Texas, having lived at least six months in the state during the year preceding the competawards may be announced later * donated by Humble Oil & Refining Company of Houston ELIGIBILITY The artist must be a permanent resident of Texas, having lived at least six months in the state during the year preceding the competition.

selected from 129 final juried participants in the 29th annual award program, which is sponsored by Hunting PLC, a global oil services company and is the most generous annual art prize in North America.

Somebody thought Royal - Dutch Shell did an extra-good job this year, and decided to give them a trophy: The oil giant was named «Energy Company of the Year» at the Platts Global Energy Awards.

Global Witness wrote to the 47 companies which have been awarded oil and gas blocks in Myanmar in the last year inviting them to answer a series of questions about their ownership.

The majority of companies recently awarded oil and gas blocks in Myanmar have failed to answer questions over who really owns them, said Global Witness as it released its survey of oil and gas company ownership in the country.

Since October 2013, Myanmar's Ministry of Energy has awarded 36 oil and gas blocks to 46 international companies and private local companies.

The briefing scenario, prepared for a senior Environment Canada official attending an industry awards gala organized by the Canadian Association of Petroleum Producers (CAPP), suggested that oil and gas companies didn't want a series of separate legislative changes, but rather an «omnibus» approach.

Instead of awarding huge contracts for construction projects, oil rigs, shipping and so on in the normal manner, the work was rotated around a cartel of companies in orderly fashion.

The «award» was given mainly because of the Provisional Measure issued by Michel Temer, which grants a trillionaire tax exemption to companies in the oil and gas sector

Cannon was awarded the Prize for her efforts to prevent oil and gas drilling in the Arctic, insisting that oil companies are not prepared for the harsh conditions of working in the Arctic.

Etete had awarded himself the block while in office under the former military dictator Sani Abacha, via Malabu Oil and Gas, a company he secretly owned.

Over the past two years, major oil companies in the UK have sponsored over 100 community activities, educational awards, and local events, DeSmog UK...

More: Greenopia - Oil Company Rankings Oil Companies Greenpeace Stages Greenwashing Awards Ceremony in BP Headquarters Shell CEO Admits Peak Oil Could Be Here in 7 Years Who Are They Kidding: Exxon Says Never Doubted Climate Change

More importantly, however, oil and gas companies prefer this method of dispute resolution thanks to the greater enforceability and finality of arbitral awards worldwide (chosen by nearly 65 % of respondents).

White & Case partner Matthew Secomb said: «In the high stakes world of oil and gas, disputes are often between long - term contract partners, and companies sometimes need encouragement to comply with awards.

Summary: The respondent, a Russian energy company, challenged a 2013 arbitral award that ordered it to pay damages to a U.S. oil company for breaches of a cooperation agreement relating to the...

Madsen points out that there would have been a large damages award and, perhaps more importantly, Packers Plus wasn't just pursuing the service companies — Harvest Oil is an exploration and production company and Packers was seeking disgorgement of their profits for all of the increased hydrocarbon recovery that Harvest had enjoyed as a result of using the technology.

Elektrim SA v Vivendi Universal SA & Ors [2007] 2 Lloyd's Rep 8: grounds for restraining by injunction an arbitration; as well as several leading cases dealing with interim relief in aid of international arbitral proceedings including Mobil Cerro Negor Ltd v Petroleos de Venezuela SA [2008] 1 Lloyd's Rep 684 (expropriation of Mobil's oil fields in Venezuela; successfully discharged worldwide freezing order for US$ 12 billion under s. 44 of the Arbitration Act 1996); ETI NV v Republic of Bolivia [2009] 1 WLR 665 (CA): (nationalisation of company; successfully discharged a freezing order obtained under s. 25 of the CJJA 1982 and s. 44 of the AA 1996 in aid of an ICSID arbitration); Telenor v Vimpelcom & Altimo Group (pre-arbitration interim relief in S$ 3bn telecommunications shareholder dispute); Yukos Oil v Rosneft (US$ 425m freezing order in support of enforcement of Russian arbitral awardoil fields in Venezuela; successfully discharged worldwide freezing order for US$ 12 billion under s. 44 of the Arbitration Act 1996); ETI NV v Republic of Bolivia [2009] 1 WLR 665 (CA): (nationalisation of company; successfully discharged a freezing order obtained under s. 25 of the CJJA 1982 and s. 44 of the AA 1996 in aid of an ICSID arbitration); Telenor v Vimpelcom & Altimo Group (pre-arbitration interim relief in S$ 3bn telecommunications shareholder dispute); Yukos Oil v Rosneft (US$ 425m freezing order in support of enforcement of Russian arbitral awardOil v Rosneft (US$ 425m freezing order in support of enforcement of Russian arbitral awards);

More recently, he has been instructed in relation to the enforcement of the arbitral awards in Yukos v Russian Federation (US$ 50 billion plus) involving issues of state immunity / lifting the corporate veil; PJSC Tatneft v Bogolyubov / Kolomoisky; Crescent Petroleum v National Iranian Oil Company (US$ 15 billion).

Having been awarded two oil exploration blocks by the DRC's government in 2006, which were subsequently transferred to two companies registered in the BVI, Tullow brought both legal proceedings and a case before Paris» International Court of Arbitration.the DRC really would be one of the last places you want to get embroiled in a legal dispute

Gives legislative effect to 16 Extra-statutory Concessions (ESCs) relating to subsistence expenses, disposals, close company shares, roll - over relief, private residence relief, employee trusts, artworks, awards, oil allowance, spirits contained in flavourings, and value of imported goods.

The judgement also awarded US$ 8.6 billion in punitive damages if the oil company did not issue an apology within 14 days.

Not only did the oil company refuse to issue the apology, the refused to pay the damages awarded by the Ecuadorian court.

The Lawyer describes Emily as instructed in weighty disputes, citing her recent defence of Barclays against a $ 240m indemnity claim by UniCredit, the major Italian bank, in respect of a sophisticated structured finance deal between the two banks and that she acted for the UAE's Crescent Petroleum in knocking out an attempt by the National Iranian Oil Company to challenge an arbitration award against it.

Successfully represented multiple international oil companies in their participation in the different rounds to award oil and gas blocks in Mexico.

Priya is currently representing the former shareholders of Yukos Oil Company in relation to the enforcement in England of a US$ 50 + billion arbitration award against the Russian Federation.

The Supreme Court's decision is the latest in a series of important appellate judgments arising out of the long - running dispute concerning the enforcement of a Nigerian arbitral award between NNPC, the Nigerian state - owned oil company, and IPCO.

Representation of investor in expropriation claim against the Russian Federation in BIT arbitration in Stockholm that secured the first award holding that the Russian measures taken against Yukos Oil Company amounted to expropriation

Toby Landau QC and Jessica Wells, instructed by Kieron O'Callaghan and Ben Hornan of Hogan Lovells London, represented Norwegian state oil company Statoil in the defence of the application by the Algerian state oil company Sonatrach to set aside an ICC award.

The District Court of the Hague overturned a record $ 50 billion in damages awards issued by the Permanent Court of Arbitration («PCA»), to the former controlling shareholders of the Yukos Oil Company on the grounds that Russia had not submitted itself to the PCA's jurisdiction.

Advising Nigeria's state oil company on its defence to attempts to enforce a Nigerian arbitration award.

In 2014, the PCA awarded the former Yukos Oil Company shareholders damages, unanimously finding that Russia had breached its international obligations under the Energy Charter Treaty by destroying Yukos Oil Company, expropriating its assets for political reasons and transferring its assets to the state - owned oil company RosneOil Company shareholders damages, unanimously finding that Russia had breached its international obligations under the Energy Charter Treaty by destroying Yukos Oil Company, expropriating its assets for political reasons and transferring its assets to the state - owned oil company RCompany shareholders damages, unanimously finding that Russia had breached its international obligations under the Energy Charter Treaty by destroying Yukos Oil Company, expropriating its assets for political reasons and transferring its assets to the state - owned oil company RosneOil Company, expropriating its assets for political reasons and transferring its assets to the state - owned oil company RCompany, expropriating its assets for political reasons and transferring its assets to the state - owned oil company Rosneoil company Rcompany Rosneft.

The English courts therefore retain a discretion to enforce an award even where one of these grounds exists, but this discretion is very narrowly construed (Yukos Oil Company v Dardana Ltd [2002] 2 Lloyd's Rep 326; Dallah Real Estate & Tourism Holding Co v Ministry of Religious Affairs (Pakistan)[2009] EWCA Civ 755).

Community Rights Counsel Press Release — For more than a decade, Exxon Corporation (now ExxonMobil) has waged a comprehensive campaign against punitive damages awards, triggered by the decision of a jury in Alaska to impose a $ 5 billion penalty on the company for the misdeeds that led to the Valdez oil spill, the worst in the nation's history.