Sentences with phrase «oil majors targeted»

The oil firms are among up to 15 oil majors targeted by the Nigerian government for the recovery of $ 17 billion in deprived revenue.

Not exact matches

PARIS, April 26 (Reuters)- Record output and high oil prices helped French oil and gas major Total report a consensus - beating rise in net adjusted profit during the first three months of the year, with Total adding it would surpass its production target for 2018.

Although the oil and gas industry is a major target of Western sanctions, financial strains have been partially alleviated by reducing capital expenditure and rouble devaluation, which cut operating costs by around 30 %.

Greenpeace considers this a major victory: two months ago, the environmental group targeted Nestle's use of palm oil with a purposely unsettling video that compared eating Kit - Kat bars to snacking on the bloodied appendages of orangutans.

But in a major shift away from the previous Saudi - led policy of maintaining production to squeeze high - cost US shale - oil producers, OPEC countries agreed to target a lower level of 32.5 — 33.0 million barrels a day, although there was some skepticism about the absence of details on which members would curb output and by how much, which were delayed until the next meeting in November.

The General Commanding Officer (GOC) of the 82 Division of the Nigerian Army, Enugu, Major - General Ibrahim Attahiru, said that the exercise was targeted at restoring peace to the oil rich region.

As a large developing resource economy in the Western Hemisphere — and a major oil producer, as well — it has embraced unconditional emissions targets.

In Malaysia, palm oil producers are targeting the island province of Sarawak for major expansion.

Earlier this month the think - tank published a report that found the world's oil and gas majors will be worth significantly more by aligning their investment plans with a 2 ˚C global climate target than pursuing business as usual.

May 10 (UPI)-- A new model tracks oil and gas extraction rates and how they impact the ability of major fossil fuel producers to meet global emission reduction targets.

Turning to opportunities, Sense & Sensitivity, a report we put out this year found that oil majors would be worth up to $ 140 billion more if they aligned their production with a 2C target.

In light of these OEM and government targets, the outlook of the oil and gas majors look set to be overly conservative.

(09/12/2013) Environmental activists have launched a major campaign targeting 20 of the largest snack food companies that use palm oil in their products.