Sentences with phrase «oil deals lost»

Global Witness's concern is based on evidence from Congo's previous elections, when six opaque mining and oil deals lost Congo $ 1.5 billion — over twice the country's annual health and education spending.

Not exact matches

The venerable oil and gas giant lost its AAA rating from Standard and Poor in April 2016, which thought a symbolic loss (it shared the rating with Microsoft and Johnson & Johnson) indicated the damage wrought by years of low prices and some pretty terrible luck, notably Tillerson's lost $ 500 billion deal in Russia as the result of Western sanctions.

It emerged last month that the Bulk Oil Storage and Transportation company (BOST) signed a deal to sell about 5 million litres of contaminated fuel to Movenpiina Energy and Zup Oil at a discounted price that could result in Ghana losing about GHs7 million in revenue.

Oil theft, pipeline vandalism Whether oil prices go bullish soon or not, other stakeholders feel that the benefits of the rise will be lost on Nigeria, if the government does not deal decisively with the twin incidence of pipeline vandalism and oil theOil theft, pipeline vandalism Whether oil prices go bullish soon or not, other stakeholders feel that the benefits of the rise will be lost on Nigeria, if the government does not deal decisively with the twin incidence of pipeline vandalism and oil theoil prices go bullish soon or not, other stakeholders feel that the benefits of the rise will be lost on Nigeria, if the government does not deal decisively with the twin incidence of pipeline vandalism and oil theoil theft.

Now that Venezuela's economy and oil production are both falling precipitously, the Chinese are having to deal with the fact that all of this money has been lost, and will have to be written off as a very bad bet.

Global Witness also revealed an oil deal involving Gertler's Nessergy company which ultimately saw Congo lose out on $ 150 million: the combined total of potential revenue losses comes to $ 1.5 billion.

If a global climate deal makes good on that pledge, those coal, oil and gas reserves could become worthless, potentially losing investors trillions of dollars.

Lost in yesterday's hysteria, meanwhile, was the fact many savvy observers of the oil industry have been saying for months the economics of the pipeline expansion were dubious, and predicting therefore that even without protests and talk of B.C. environmental legislation, Kinder Morgan would look for a way to walk away from the deal with its corporate pride intact.

Legal Feeds News roundup — November 29, 2013 Canada: Regulations on oil sands emissions not ready to be unveiled, Reuters Harper's office hires three law firms to handle Duffy - Wright investigation, Montreal Gazette Watchdog warns Federal government is losing data that «should be available to the public», Vancouver Sun United States: Legislative leaders in Illinois strike deal on pensions, Reuters...