Sentences with phrase «oil interests in»

Nessergy is linked to Dan Gertler, a controversial businessman who is friends with the Congolese President and the owner of large mining and oil interests in the country.
I agree with you, J.S. (comment # 243) that our leaders will continue to try to protect oil interests in the mid east.We've been playing up to them since President Rooosevelt courted favor with the Sheiks, Mullahs, Princes and Imams in the mid 1940s.
Trillions of dollars and thousands of lives have been wasted defending America's oil interests in the Middle East.
The Chinese with their nose know we talked about before when they first announced it about three months ago that they were doing the Yuan - gold - oil interest in arbitrage that helped play it.

Not exact matches

The recent rise in oil prices fueled expectations the Federal Reserve could flag more interest rate hikes at its policy meeting this week.
LONDON, May 1 (Reuters)- The dollar broke into positive territory for the year and bond yields were creeping higher again on Tuesday, as the recent rise in oil prices fuelled bets that the U.S. Federal Reserve will flag more interest rate hikes this week.
NEW YORK, May 1 - The dollar broke into positive territory for the year and U.S. bond yields inched higher again on Tuesday as the recent rise in oil prices fueled expectations the Federal Reserve could flag more interest rate hikes at its policy meeting this week.
Formerly an integrated oil company with interests in transportation and refining, Hess in 2013 spun off many of its businesses in order to focus on E&P.
WESTERN Australian oil and gas producer Woodside Energy continued its geographical expansion with last week's announcement that it had taken a farm - in interest in a field in the Gulf of Mexico.
Oil prices strengthened slightly ahead of the settlement Wednesday as the Federal Reserve held interest rates steady and expressed confidence that a recent rise in inflation would be sustained.
The Bank of Canada said nothing in public about the possible merits of deficit spending as it twice cut its benchmark interest rate last year to offset the collapse of oil prices.
So policy makers focus on «core inflation,» which ignores changes in prices for fruit, vegetables, gasoline, fuel oil, natural gas, mortgage interest, intercity transportation, tobacco products and indirect taxes.
And then oil prices crashed, forcing Poloz to drop his already low benchmark interest rate another half point in 2015 to avoid another deep recession.
When the social scientist and derivatives trader sat down at the same table at a friend's wedding in 2011, they got to talking about their shared interest in «epic failures,» like the BP oil spill in the Gulf of Mexico, the Fukushima nuclear disaster and Hurricane Sandy.
«According to the most recent assessment, the steady oil price recovery since summer 2017 and renewed interest in growth opportunities has led to oil majors catching up in terms of exploration activity this year, both in the shale industry and offshore deep water,» OPEC said.
If the Fed is indeed putting off raising short - term interest rates — perhaps because of an economic slowdown overseas, economic turmoil in Russia, or because of lower oil prices — then that's potentially good news for the stock market.
That logic is another reason why OPEC countries have less of an incentive to cut back production: renewable energy sources is starting to give fossil fuels some serious competition, and oil - exporting countries have an interest in keeping oil a cheap alternative.
Perth - based olive oil company Olea Australis Ltd has made a further placement to Siva Ltd to raise an additional $ 644,480, increasing Siva's interest to 19.99 per cent in the company.
But it turns out, no one is interested in transporting oil by rail across B.C. — or so says CN.
Oil and gas company Citation Resources is seeking to diversify its business by acquiring an initial 40 per cent interest in an unlisted firm that converts rubber waste into clean fuels, for a cash and share package worth about $ 7 million.
When the Bank of Canada cut interest rates in 2015 to offset the collapse of oil prices, it was worried about more than a blow to gross domestic product; it was also thinking about what mass firings in the oil patch could mean for the financial system.
Neither cut was a particular surprise: Buffett had previously said he erred in buying Conoco at a peak price for oil (though now, of course, the commodity's rising price is putting a different cast on the investment) and he had publicly protested Kraft's 2010 purchase of Cadbury, which he thought not in the interests of Kraft's shareholders.
Frankel urged a form of managed competition, in which oil producers would recognise their common interests and coordinate their policies at strategic level while remaining competitors at tactical level.
Mexico's newly liberalized energy sector, for example, has started welcoming private companies interested in investing in everything from oil production to storage.
«We have a situation where nobody has a vested interest in keeping any oil in the ground,» Moors said.
What if oil stayed at just $ 60 a barrel for a few years, as the Bank of Canada assumed in January 2015 when it cut interest rates?
Franco - Nevada Corp. (FNV: $ 44.16) A royalty company that buys interests in a diversified range of gold mines as well as interests in oil and gas and other assets.
Anticipated interest rate hikes this year will help provide underlying support to the dollar, which will in turn place pressure on oil.
This is an important issue for many who are interested in oil and pipelines, and I don't minimize the issue,» he says.
Oil remains tightly correlated to the health of markets and interest rates, especially in DiMartino Booth's home state of Texas.
«Oil industry companies would do well to be cautious and stop assuming that good relations with PDVSA can last forever due to a common interest in pumping oil,» said Raul Gallegos, associate director with the consultancy Control RisOil industry companies would do well to be cautious and stop assuming that good relations with PDVSA can last forever due to a common interest in pumping oil,» said Raul Gallegos, associate director with the consultancy Control Risoil,» said Raul Gallegos, associate director with the consultancy Control Risks.
Agreement has been reached with Coogee Resources (Ashmore Cartier) Pty Ltd, which gives Coogee the right to earn a 20 % interest in exploration permit AC / P 32 by funding 27.5 % of the upcoming Magnolia oil exploration well.
According to Neil Atkinson, head of the oil industry and markets division at the IEA, it was in the «mutual interest» of OPEC and non-OPEC members to reach such an agreement.
Preeya Malik is a licensed attorney, entrepreneur and expert on investment immigration, with an interest in trade reform and the large fiscal surpluses in oil - exporting economies, which has expanded the firm's reach to large portfolio of investor contacts in the Middle East and India.
This stance is interesting since the industry has recently been seen to downplay the role of new pipelines in enabling oilsands development given the rise of oil - by - rail.
On the contrary the Jewish interest is solely in the marketing of petroleum products and even there it is probably no more than 5 per cent, the chief marketer being American Oil of Baltimore, and American Oil, though still managed by the Blausteins, who founded it, is now controlled by a Standard of Indiana subsidiary.
These days Coulombe, 80, is more interested in oil painting and organic gardening.
Four years later, in 1981, he formed Dangote Group, an international conglomerate that now holds diversified interests that include food and beverages, plastics manufacturing, real estate, logistics, telecommunications, steel, oil, and gas.
A large company like Wells Fargo (NYSE: WFC) can ride out the ups and downs, and it also benefits from lower oil prices (people have more money in their accounts), an improving economy and an eventual interest rate hike.
«Oil industry companies would do well to be cautious and stop assuming that good relations with PDVSA can last forever due to a common interest in pumping oil,» Raul Gallegos, associate director with the consultancy Control Risks, and author of Crude Nation, a book about how oil ruined the Venezuelan economy, said in an interview with ReuteOil industry companies would do well to be cautious and stop assuming that good relations with PDVSA can last forever due to a common interest in pumping oil,» Raul Gallegos, associate director with the consultancy Control Risks, and author of Crude Nation, a book about how oil ruined the Venezuelan economy, said in an interview with Reuteoil,» Raul Gallegos, associate director with the consultancy Control Risks, and author of Crude Nation, a book about how oil ruined the Venezuelan economy, said in an interview with Reuteoil ruined the Venezuelan economy, said in an interview with Reuters.
Representing one of its first major overseas acquisitions, the company's wholly - owned subsidiary, Woodside Energy (USA) Inc. reached agreement with the Marathon Oil Company — part of the USX - Marathon Group which is a unit of the USX Corporation in Pittsburgh — for the acquisition of interests in a number of deep water exploration acreage blocks in the Gulf.
West Oil NL has achieved a milestone in its Timor Sea exploration after farming out its 33.3 per cent interest in ZOCA 96 - 16 to Phillips Australasia Exploration Company.
«We believe the bias for stock prices in general remains to the upside, underpinned by a growing economy, low interest rates and increasingly, cheaper oil... With operating margins at elevated levels, top line growth is poised to more quickly bleed through to the bottom line, thus supporting earnings.»
I'm really interested in making games for things typically hard for people, like getting over an illness or injury, or around topics people disengage from, like reducing oil dependence or ending poverty in sub-Saharan Africa.
Now that the United States is less dependent on Saudi petroleum, thanks to fracking and new oil discoveries, the fact that OPEC is not identified as a top priority anymore indicates that interest in the organization has declined.
The only production that could be brought back on line fast is shale oil, but without the extremely low interest rates caused by government meddling, shale drilling will be much more expensive in the future.
This scenario was part of our thinking at the beginning of last year, when Canada's economy was hit by the collapse in oil prices and we cut our policy interest rate.
However, the Canadian dollar is expected to see minimal benefit from higher oil prices: a U.S. Federal Reserve interest rate hike is likely in the first half of 2017, which would bolster the U.S. dollar, while the Bank of Canada is expected to hold steady on rates.
Today we discuss in detail the concept of debt deflation; housing, student loan and automobile debt; the oil market; the stock market; negative interest rates; currencies; and the shrinking real economy.
Canadians did not vote to see government power used to carry out a mandate written by the oil patch in the interests of a single province.
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