Sentences with phrase «oil deals in»

«Eni and its staff are already under investigation for oil deals in Algeria, Nigeria and Italy.

«Eni has consistently downplayed its connections to World Natural Resources, a company embroiled in corruption investigations around oil deals in Republic of Congo.

Shell's purchase of BG Group is the biggest oil deal in a decade.

Incoming Eni CEO Claudio Descalzi's apparent personal involvement in a corrupt oil deal in Nigeria raises serious questions about his suitability for his role managing the Italian oil giant, said Global Witness as shareholders gather in Rome for their annual meeting.

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.

But there was cause for caution too: Disappointing British manufacturing and consumer lending figures added to Europe's recent run of poor data, worries about Iran's nuclear deal simmered in oil markets, and Wall Street was waiting for Apple's results following recent whispers of weak iPhone demand.

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.

«If Trump abandons the deal, he risks a spike in global oil prices,» said Ole Hansen, head of commodity strategy at Saxo Bank, adding that re-introducing U.S. sanctions could remove 300,000 - 500,000 bpd of Iranian oil from global supplies.

OPEC's largest producer and de facto leader — Saudi Arabia — is the most closely watched oil nation for hints about an unofficial oil price target, and speculation has been ripe since the start of the deal in January 2017 as to what price the Kingdom is aiming for.

Now TransCanada is staking a good deal of its future in an oil pipeline that could end up being rejected because of political considerations.

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.

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.

Marathon Petroleum has announced it will buy competitor Andeavor in a $ 23.3 billion deal that will create the largest independent oil refiner by capacity in the U.S., surpassing the established leader Valero Energy.

For GE, the deal will help it focus more on the oil and gas sector, especially in North America, while shielding the parent company's earnings from the energy industry's boom and bust cycles.

Analysts and investors generally praised the deal as data analytics and other high - technology operations grow in demand among oil producers.

(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 sentiment on Thursday marked a shift from earlier in the week, when oil prices fell after Trump said the United States and France could reach an agreement «fairly quickly» on the Iran nuclear deal.

When the news broke late on Wednesday in Moscow, Russian and western media trumpeted it as the energy deal of the year: Glencore (glncy), the world's biggest commodities house, and the Qatar Investment Authority had agreed to buy a 19.5 % stake in Rosneft, Russia's national oil champion, for 10.5 billion euros ($ 11.1 billion).

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.

And while the deal is set to be reviewed in May, multiple OPEC energy ministers have endorsed retaining a relationship that could help prevent another destabilizing collapse in oil prices — like the one that began in mid-2014.

«If Trump abandons the deal, he risks a spike in global oil prices... The re-introduction of U.S. sanctions would hurt Iran's ability to transact in dollars,» said Ole Hansen, head of commodity strategy at Saxo Bank.

Oil and gas company Zeta Petroleum has launched a proposal to acquire full ownership of Sydney - based Pan Pacific Petroleum by buying all the shares it doesn't already own in the company, in a deal worth $ 29.4 million.

Exxon (xom) under Tillerson continued a strategy of his predecessors, signing deals in remote, oil - rich regions including Russia, which Trump has touted as a sign of the executive's global connections which would serve him well in the top U.S. diplomatic role.

Railways, who added crude by rail capacity earlier this decade only to have the market vanish as pipeline space opened up, have been slow to move back in the oil transport business, asking producers to sign longer - term deals.

Santos and Quadrant Energy have signed a deal for the sale of the Stag oil project in the Carnarvon Basin to Malaysian company Sona Petroleum for $ US50 million ($ A70 million).

Energy giant Woodside Petroleum is considering growth opportunities in Papua New Guinea, announcing today it was evaluating a takeover offer for Oil Search through an all - scrip deal valued at more than $ 11 billion.

CALGARY — Calgary - based oil and gas company Petrominerales (TSX: PMG) is up for sale in a proposed deal worth roughly $ 1.6 - billion.

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.

My Dad used to say that, if you were offered an oil and gas deal in New Jersey or a share of a thoroughbred in Toledo, you should flee as fast as you can.

China eased the payment terms two years ago on some $ 19 billion in oil - for - loan deals, under which...

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.

Last year, Saudi Arabia pledged billions of dollars of investments in projects in Indonesia and Malaysia to secure long - term oil supply deals.

American oil and gas players struck more deals but targeted more modest acquisitions in the third quarter, PwC reports.

Dinesh Kumar Sarraf, chairman and MD of ONGC, says the deal rational was to create an integrated company in the oil and gas space.

Some of Friedland's past money - makers include the 1996 sale of his Voisey's Bay nickel property to Inco for $ 3.1 billion and the 2009 sale of Ivanhoe Energy's American oil and gas operations to Seneca Resources Corp. in a $ 40 - million deal.

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.

Under the Obama administration, sanctions on the oil industry in Tehran were lifted in exchange for limits on the country's nuclear program as part of the 2015 Iran nuclear deal.

President Donald Trump announced his decision to withdraw from the Paris deal in June, saying the accord would have cost America trillions of dollars, killed jobs, and hindered the oil, gas, coal and manufacturing industries.

Ahead of the deal, however, Nigeria's oil minister had insisted the group was «aligned» and was in agreement about extending the cuts, despite the risk of a strong comeback by U.S. shale oil producers.

The producers will review the deal at the next OPEC meeting in June to assess how it is impacting oil prices and global global crude stockpiles.

CNBC's Jackie DeAngelis discusses the morning activity in the commodities markets after oil surges on reports of an OPEC production deal.

The Perth - based junior has secured board recommendations and pre-bid acceptances from several major shareholders in a deal that will bulk up its profile in the revered oil and gas basin

COPENHAGEN, Feb 20 - Denmark's A.P. Maersk, the world's largest container shipping company, sold its North Sea - focused oil and gas business in August to France's Total in a $ 7.5 billion deal in August as it focuses on transport and logistics.

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.

Total closed a $ 450 million deal to buy Marathon Oil's 16.33 percent stake in Waha in March, but the deal drew criticism in Libya and the NOC is currently examining whether to intervene in one way or another.

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.