The phrase
"oil giant" refers to a very large and influential company in the oil industry. It typically describes companies that have significant control over the production, distribution, and sale of oil and petroleum products. These companies are often powerful and have a major impact on the global economy due to their dominance in the oil sector.
Full definition
An Australian government inquiry blamed the spill on systemic shortcomings at the
Thai oil giant.
«This is the biggest challenge as we have at the moment as a company,» Ben van Beurden, chief executive
of oil giant Shell, said recently.
The creative strategy they used was successful and in March 2016 Tate announced that from 2017 it would no longer receive funding from
oil giant BP.
Some of his suits have failed, and his recent attempt to indict
oil giant ExxonMobil for defrauding investors about the prospects of climate change appears to have run into a reef.
CNBC's Jackie Deangelis reports on third - quarter earnings
for oil giants Exxon Mobil, Chevron and ConocoPhillips and what they mean for the global oil market.
He began his political life with Labour, leaving when the party lurched leftwards in the early 1980s to join the SDP and has pursued a successful career outside politics - he was chief economist for
oil giant Shell International.
Indeed, the S&P 500 is currently dominated by some stupendously huge firms like
oil giant Exxon Mobil (XOM) and high - tech Apple (AAPL).
But the dismal earnings reported by national
oil giants in recent days underscore the difficulties in Continue Reading
Tate given 35 days to disclose BP sponsorship figures After a three - year legal campaign by the Platform pressure group, an Information Tribunal verdict has ordered the Tate gallery to release how much funding it received
from oil giant BP between 2007 and 2011.
Amazon is reportedly close to signing a $ 1 billion deal to build AWS data centers there, and Google is in talks with the Saudi
oil giant Aramco about a potential joint venture that would build cloud data centers around the country.
The planned initial public offering (IPO) of state
oil giant Saudi Aramco (London is competing with New York to be the stock exchange where the company is listed overseas) is also expected to be discussed, the EIU's Abdelmeguid said.
At the same time, however, the British
oil giant says that many of the demands made against its various claim funds have had scant, if any, connection to the catastrophe that killed 11 rig workers and spewed oil off the shore of Louisiana and other gulf states.
This is why
oil giants like ExxonMobil are investing more these days in natural gas, demand for which is expected to grow as electric utilities in Canada, the United States and Europe switch from coal to gas - fired power generation.
The consortium of legacy institutions, blockchain startups and government entities has grown by 525 percent this year to 250 members, including
British oil giant BP, bulge - bracket bank JPMorgan Chase and software developer Microsoft.
US
oil giant Chevron says it expects to «sanction» the Gorgon liquefied natural gas project during the second half of this year.
Approximately 25,000 people, according to organizers, took to the Copacabana Beach and Cinelandia to protest against the government of President Dilma Rousseff for massive corruption scandal at
state oil giant Petrobras.
The Times reports that SCL Group had spoken with the
Russian oil giant Lukoil in 2014 and 2015, and that the company «was interested in how data was used to target American voters, according to two former company insiders who said there were at least three meetings with Lukoil executives in London and Turkey.»
Saudi Arabia's state -
owned oil giant Saudi Aramco could first issue stock on its home market and privately place shares in the hands of big Asian investors before facing the complexity of listing on an international exchange.
Major state companies such
as oil giant PetroChina Ltd. and China Mobile Ltd., the world's biggest phone company by subscribers, also have issued shares abroad.
In the Ecuadorian Amazon, Pablo Fajardo and Luis Yanza led one of the largest environmental legal battles in history
against oil giant Chevron, demanding justice for the massive petroleum in the region.
Wylie told The New York Times last weekend that the Russian
oil giant Lukoil repeatedly showed an interest in how Cambridge Analytica used data to target messages toward American voters.
Since Rousseff — a former head of
oil giant Petrobras — took power, however, the controls have been weakened, deforestation is once again on the rise, more hydropower plants are planned in the Amazon and the government has approved its first coal - fired plant in nine years.
Lights from the
French oil giant Total refinery of Donges are reflected in the water at night, western France, October 23, 2015.
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.
Furthermore, efforts
at oil giant Royal Dutch Shell RDS.A, +0.62 % to move beyond fossil fuels into low - carbon energy is as much driven by the growth potential of alternative energy markets as a concern for global warming.
Firstly, BP Operations Essentials saw Kineo working
with oil giant BP on a globally scaled blended learning solution.
LONDON - Britain's national academy of science, the Royal Society, has accused
US oil giant Exxon Mobil Corp. of misleading the public into thinking that the role of humans in climate change is still open to doubt.
Stockholders of Texas -
based oil giant ExxonMobil are set to vote Wednesday on a proposed company policy to ban discrimination against gay or transgender workers, a resolution pushed by New York Comptroller Thomas DiNapoli.
Two congressmen have called on U.S. Attorney General Loretta Lynch, pictured here, to look into
whether oil giant ExxonMobil violated federal laws by «failing to disclose truthful information» about climate change.
The choices are that much starker at large
international oil giants like Chevron that rely heavily on their massive budgets to fund exploration projects crucial to finding new energy sources.
A report
on oil giant Shell and its colossal contribution to global climate change and dirty forms of energy.
More on Biofuels and Environmental Damage The Dangers of Biofuels
Palm Oil Giant Agrees to Set More Sustainable Standards in Indonesia Biofuels Comparison Chart: The Good, the Bad, and the Really Ugly
The
global oil giant responsible for the fast - spreading spill in the Gulf of Mexico is no stranger to major accidents
Executives of Chinese
oil giant PetroChina Ltd. have been told to hand in their passports as an anti-corruption investigation of the industry spreads, a newspaper said Tuesday.
Having missed the memo,
Oil giants continue what Trump, in his State of the Union, cluelessly called ``... the war on American energy.»
CNOOC underestimated the political debate it would provoke by bidding for an underperforming and reasonably small U.S. oil company; its inexperience effectively handed the contest to a competing bid from
U.S. oil giant Chevron.
The U.K. Guardian reported in February 2008, «Firms will act on CO2 only if its cost triples,» says
oil giant Royal Dutch / Shell:
And then there's the matter of the Sea Change Foundation, which was exposed in a 2014 report by the U.S. Senate Environment and Public Works Committee for its major funding from Klein Ltd, a Bermuda - based shell corporation closely connected with Putin confidante Leonid Reiman, Russia's state - owned
oil giant Rosneft, and Russian energy investment groups including Firebird New Russia Fund and Vimpelcom Ltd..
Call buyers also nailed a rally in Petrobras (NYSE: PBR), racking up gains of more than 400 percent after the
Brazilian oil giant shot higher on strong earnings.
BP, the global
oil giant responsible for the fast - spreading spill in the Gulf of Mexico that will soon make landfall, is no stranger to major accidents.
Flint Hills, a wholly - owned subsidiary of
oil giant Koch Industries based in Kansas, has joined with Texas oil companies Valero and Tesoro in trying to block California's landmark climate legislation by funding the campaign to pass Proposition 23.
In addition to provoking an international imbroglio, the Argentine government's controversial move to partially nationalize YPF, the local subsidiary of
Spanish oil giant Repsol, prompted The Am Law Daily to revisit Latham & Watkins's relationship with Repsol and to take a look at Cleary Gottlieb Steen & Hamilton's Argentina connections.
It's
why oil giants like Exxon are investing more these days in natural gas assets.
The British
oil giant reported huge figures from the shale gas well, suggesting the Mancos could provide a massive new source of U.S. shale gas.
Even oil giants such as ExxonMobil and ConocoPhillips were among the companies that expressed support for the accord ahead of Trump's announcement.
After it was revealed that New York Attorney General Eric Schneiderman's office is investigating
what oil giant ExxonMobil knew about climate change compared to what it told the public and investors, reaction poured in quickly.
As ICN demonstrates, Exxon won't say what kind of tax it supports, it hasn't supported past attempts at carbon tax legislation, and didn't join
other oil giants in calling for a price for carbon at COP 21.