Sentences with phrase «oil deal with»

In 2004, the SFO started an investigation into suspected accounting irregularities relating to BAE and a government to government deal struck in 1985: Britain signed the Al - Yamamah arms for oil deal with Saudi Arabia, the biggest ever UK export contract involving the sale of 120 Tornado fighter jets.

The President has deliberately refused to institute proper investigation into reports of corruption allegations involving his appointees including the grievous BOST scandal, activities at the National Communication Authority, allegations against his two deputy chiefs of staff, the cash for seat scandal, inflation of cost, breaching of procurement regulations, illegal oil deals with foreign companies, bribes taking at the Presidency, etc..

Not exact matches

NEW YORK, April 30 - Oil prices rose on Monday after Israel Prime Minister Benjamin Netanyahu said Iran had lied about pursuing nuclear weapons after signing a 2015 deal with global powers, while U.S. stocks fell with declines in healthcare shares.

That deal, though, saddled Whiting with billions in debt just as oil prices cratered, giving Continental an edge as it spent cash to improve ways it fracks wells.

Oil steadied on Monday, reversing early losses after Israeli Prime Minister Benjamin Netanyahu said he would make an announcement later in the day about the nuclear deal with Iran.

Since then, she's dealt with the crash in oil prices, and the current Alberta government's plan to phase out coal - fired power.

It comes as little surprise then that Saudi Arabia and Iran — apart from the tense regional archrivalry — are reportedly at odds over where to go next with the OPEC deal, and how high an oil price the cartel should target.

Oil prices rose on Monday, bouncing off early losses after Israeli Prime Minister Benjamin Netanyahu said Israel had proof that «Iran lied» about its nuclear capabilities, and that he was sure US President Donald Trump would do «the right thing» in reviewing the country's nuclear deal with western powers.

(New throughout, updates prices, market activity and comments) NEW YORK, April 30 (Reuters)- Oil prices rose on Monday, bouncing off early losses as Israeli Prime Minister Benjamin Netanyahu said Israel had proof that «Iran lied» about its nuclear weapons capability, and that he was sure U.S. President Donald Trump would do «the right thing» in reviewing the country's nuclear deal with western powers.

The deal, when announced last autumn, was predicated on a recovery in the oil price to $ 60 per barrel by 2019, an increase that now seems less likely with a glut of crude still circling the globe and keeping prices below $ 50.

The report accuses Low of using PetroSaudi International, an oil company from the Middle East that signed a joint venture deal with 1MDB, as a front to siphon the money.

Global oil supply rose in June as compliance with an OPEC - led deal to freeze production showed signs that it was stalling, the International Energy Agency (IEA) noted in its latest market report on Thursday.

But the world has changed a great deal since the height of OPEC's power in 1979, when member nations accounted for 50 % of global oil production, compared with less than one - third today.

Mineral Resources has bolstered its new relationship with Empire Oil & Gas, offering a $ 15.1 million facility to replace a previous deal with Viburnum Capital.

Dempsey Minerals has announced a change in direction with a proposed acquisition of a local unlisted oil explorer, in a deal valued at about $ 2.6 million.

SPECIAL REPORT: China's rising LNG demand has coincided with a flurry of deals, highlighting potential for a turnaround in WA's oil and gas sector.

PARIS, April 9 - Saudi Aramco will sign eight deals worth $ 10 billion with French firms on Tuesday, the chief executive of the state - run oil giant said on Monday - the main contracts expected to be sealed during Crown Prince Mohammed bin Salman's visit to France.

Oil prices slipped away from 2018 highs on Thursday, with global benchmark Brent trading at $ 71.15 in early afternoon deals, down 0.8 percent, and WTI trading at $ 66.38, around 0.6 percent lower.

From the carefully groomed, designer suit - clad media wealth manager, to the tweed jacket and signet ring of the chap who dealt with the landed gentry, to the oil wealth manager's keffiyeh, the private wealth managers were carefully selected to make the best possible connection with their clients.

NEW YORK, April 30 - Oil prices rallied on Monday after Israel Prime Minister Benjamin Netanyahu said Iran had lied about pursuing nuclear weapons after signing a 2015 deal with global powers, while global stock indexes dipped with the S&P 500 led down by losses in technology.

OPEC is working on a «very long - term» deal to try to extend its alliance with other oil producers, Secretary General Mohammad Barkindo said at an energy conference in Baghdad, Iraq on Wednesday.

Oil prices were trading in the red in late European deals Friday, with Brent at $ 52.77 per barrel, while U.S. crude hovered at $ 47.10.

«It's just a matter of time before you're going to see policies implemented by major consuming countries to deal with the oil situation.

Paramount now deals with both oil and gas, and has since spun off assets into separate companies, such as heavy - oil player Cavalier Energy (in 2011).

A deal with the French oil giant Total to sell d.light's new S300 (about $ 30) and S20 (priced in the mid-teens) in its gas stations in countries like Cameroon, Indonesia and the Republic of Congo, has boosted shipments from less than 30,000 to more than 500,000 lanterns each month.

A distribution deal with French oil company Total helped boost monthly production from less than 30,000 to more than 500,000.

General Electric's deal with Baker Hughes to create the world's No. 2 oilfield services business is the clearest signal yet that consolidation is picking up in the energy sector as companies face long - term lower oil prices.

Being bigger gave them more pricing power when dealing with oil service contractors and greater leverage when negotiating with foreign governments.

April 14, 2005: The company announces a deal with PetroChina Co. to transport oil from Alberta to the B.C. coast for export.

But not even monetary policy was designed to deal with changes in the relative prices of commodities, such as oil.

Oil prices, which have recently received some support from reports about discussions of another possible extension of the OPEC production cut deal, remained stable following the release of the EIA report, with WTI trading at US$ 48.75 a barrel and Brent crude at US$ 54.62 a barrel.

OPEC oil output fell in March to an 11 - month low due to declining Angolan exports, Libyan outages and a further slide in Venezuelan output, a Reuters survey found, sending compliance with a supply - cutting deal to another record.

The final issue that Petrobras is dealing with is the same one facing all oil companies — the low price of oil.

In order to replace the Venezuelan oil subsidies deal, known as Petrocaribe, Mexico would have to supply Cuba with 55,000 barrels per day and another 39,000 barrels per day to other Petrocaribe nations in the Caribbean and Central America.

Oil prices rallied after Israeli Prime Minister Benjamin Netanyahu said Iran had lied about not pursuing nuclear weapons after signing a 2015 deal with global powers.

The company, which expects to close the deal by the end of January, may later consider merging its oil refining subsidiary Mangalore Refinery and Petrochemicals Ltd. with HPCL, Shanker said.

If oil drops into the $ 20 - to - $ 30 range, he may soon be dealing with the consequences of an oil sands industry, his government's anointed engine of economic growth, suddenly becoming a commercial disaster on a scale that could be unrivaled in Canada's history.

Marathon Petroleum agreed to buy rival Andeavor for $ 23.3 billion in the biggest - ever deal for an oil refiner that would create the largest independent fuel maker in the U.S. Bloomberg Intelligence's Fernando Valle talks with Bloomberg's Alix Steel about the historic deal.

Last month, Aramco announced it would cut its Arab Light shipments to Asia in September by at least 520,000 bpd in line with its commitments under the OPEC oil production cut deal.

The market should not be overly enthusiastic over today's oil price surge on reports that OPEC has managed to reach some kind of a deal to reduce supply, David Hunt, chief executive at asset manager PGIM, said in an interview with Bloomberg Television on Wednesday.

However, one thing is certain: with oil up over 4 % today, following yesterday's 9 % gain, the head of the world's largest oil exporter - having masterminded the Vienna deal at a time when both OPEC and Russia are pumping record amounts of oil - is smiling.

Oil prices rallied after Israeli Prime Minister Benjamin Netanyahu said that Iran had lied about not pursuing nuclear weapons and had continued to preserve and expand its nuclear weapons knowledge after signing a 2015 deal with global powers.

Iran's oil minister Bijan Zanganeh said that compliance with the OPEC deal thus far «has been acceptable overall,» but he said that «some changes are needed,» according to SHANA, the Iranian oil ministry's news agency.

Russia reaffirmed its pledge to an alliance with OPEC, despite two months of breaching its target under a global oil - output deal.

The company also said oil sands operations production has benefited from reliable operations at its Firebag and MacKay River plants, but base plant operations dealt with a significant, weather - related outage in January that will cut first quarter output to roughly 400,000 bbls / d.

Oil was firmer most of the night (WTI to $ 68.66), until a tweet from Trump saying oil prices were «artificially high» along with news that Russia said it might not stay committed to the OPEC deal until the end knocked it lower ($ 67.6Oil was firmer most of the night (WTI to $ 68.66), until a tweet from Trump saying oil prices were «artificially high» along with news that Russia said it might not stay committed to the OPEC deal until the end knocked it lower ($ 67.6oil prices were «artificially high» along with news that Russia said it might not stay committed to the OPEC deal until the end knocked it lower ($ 67.62).

A deal with China to potentially open their economy is very bullish for oil demand expectations as well as global economic growth.

Royal Dutch Shell inked a deal with Canadian Natural Resources for its Canadian oil sands interest.

Some oil traders are already steering clear of doing business with Iran as U.S. President Donald Trump signals he'll ditch the nuclear deal with OPEC's third - largest producer.

However, Sanchez Energy's plan was to use higher oil prices to boost production and cash flow so it could support the mountain of debt it took on to complete the deal, with its aim to get leverage to less than 3.0 next year.