Sentences with phrase «oil profits in»

This means that climate campaigners are a major threat to Big Oil profits in the United States, but only a minor threat (or perhaps even a help) to Big Oil profits in Europe.

Many big businesses might be ignoring green energy because it will lead to lower oil profits in the long run.

Not exact matches

Netbacks, profit after subtracting transport and other expenses, averaged C$ 16.80 per barrel of oil equivalent in the first quarter, compared with C$ 21.25 a year earlier.

Meanwhile, profits were up 50 percent at $ 3.5 billion in Exxon's business exploring for and producing oil and natural gas

The Permian continues to boom, and even in case of takeaway capacity constraints — which have led to around $ 11 a barrel discount of Midland, Texas, oil to Brent — Permian producers would pump at profit if Brent were to rise (and stay) at $ 80, Bloomberg's Denning argues.

Fourth - quarter profits in Exxon's downstream sector, which is focused on refining crude oil into fuels like gasoline, also rose $ 323 million from a year earlier.

For the full year, Exxon reported profits of $ 19.71 billion, its highest annual earnings since the start of an oil price slide in 2014, when it earned $ 32.52 billion.

In her view, corporations» efforts to maximize profits led directly to scandals including Enron, the BP oil spill and the 2007 - 08 financial crisis.

Collectively, the 32 oil - and - gas titans in the Fortune 500 swung from $ 91 billion in profits in 2014 to $ 46 billion in losses in 2015.

In the oil markets, prices dropped back from $ 90 amid some profit - taking — benchmark oil for October delivery was down $ 1.03 to $ 89.18 per barrel in electronic trading on the New York Mercantile ExchangIn the oil markets, prices dropped back from $ 90 amid some profit - taking — benchmark oil for October delivery was down $ 1.03 to $ 89.18 per barrel in electronic trading on the New York Mercantile Exchangin electronic trading on the New York Mercantile Exchange.

The largest oil producer in North Dakota's Bakken shale formation posted a net profit of $ 15 million, or 16 cents per share, in the quarter ended March 31, compared with a loss of $ 87 million, or 96 cents per share, a year earlier.

He said the journals, Global Witness and Fatal Transactions, had highlighted that violent rebel forces were, in many cases, financed by profits from diamonds, oil and agricultural products and had accused the diamond industry of inaction on the issue.

The collapse of oil prices wiped out profits and killed the incentive to expand in the oil patch, and economic growth of less than 2 % offers little incentive for non-energy companies to expand.

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.

Chief Executive Bob Dudley is in line for a $ 19.6 million compensation package for 2015, a year in which shrinking profit margins triggered by sharp falls in the price of oil led to more than 5,000 job losses at the oil and gas company.

Long gone are the days when Saudi Arabia acted as the so - called «swing producer» in the global oil market, when it would increase or decrease production to keep prices stable and profits high.

But the wealth generated by oil far outstrips the wealth of alternatives, and until that profit flow reverses then the status quo in the U.S. will pursue Oil and Empire until the U.S. economy and dollar implooil far outstrips the wealth of alternatives, and until that profit flow reverses then the status quo in the U.S. will pursue Oil and Empire until the U.S. economy and dollar imploOil and Empire until the U.S. economy and dollar implode.

MMA Offshore has reported a dramatic slide in half - year profit as the marine services company faces challenging conditions in the offshore oil and gas industry.

Lamb determined that his 17 - year - old enterprise software firm, which provides cost accounting services to drilling companies (and is ranked 385th on the 2013 PROFIT 500), would thrive in Colorado's oil and gas sector, which is similar to Alberta's.

Shell led the charge, more than tripling profits in the second quarter from a year ago, boosted by its refining and chemicals business and a 16 percent rise in oil prices.

Oil giant Royal Dutch Shell posted a 42 percent rise in profits in the first quarter of 2018, underpinned by a recent uptick in oil and gas pricOil giant Royal Dutch Shell posted a 42 percent rise in profits in the first quarter of 2018, underpinned by a recent uptick in oil and gas pricoil and gas prices.

In 2014, the mining and crude oil production company with headquarters in Irving, Tex., did just that, with a $ 1.8 billion boost that brought their profits to $ 930 million, all while oil prices has dropped to historic lowIn 2014, the mining and crude oil production company with headquarters in Irving, Tex., did just that, with a $ 1.8 billion boost that brought their profits to $ 930 million, all while oil prices has dropped to historic lowin Irving, Tex., did just that, with a $ 1.8 billion boost that brought their profits to $ 930 million, all while oil prices has dropped to historic lows.

The roll yield is the profit traders can earn when they roll their investment in crude oil futures, which expire every month, into contracts that expire at a later date.

Devon Energy, a mining and crude oil production company headquartered in Oklahoma City, saw a $ 1.6 billion increase in its profits in 2014.

But the oil companies have made just ungodly profits, and we're spending just a boatload of money over in Iraq — we should have control of the oil.

Cenovus reported fourth - quarter net income of $ 620 million or 50 cents per share on Thursday, well ahead of $ 91 million, or 11 cents per share, in the year - earlier period, thanks to better refinery profits, stronger oil prices and production that almost doubled after it bought out its oilsands partner, Houston - based ConocoPhillips, last year.

LONDON, May 1 - BP's profits surged in the first three months of the year to their highest since mid-2014, driven by a recovery in oil and gas prices and rapid growth in production.

Soaring oil prices helped Woertz, who runs refining and marketing, rack up more than $ 1 billion in profits and increase margins in 2003.

Many of them, desperate to profit from Canada's cheap oil, are working feverishly on a Plan B. They're making plans to load bitumen onto railcars, barges and trucks to bring it south to their processing facilities in Texas.

PERTH - BASED oil producer Amadeus Petroleum NL — a relatively small operator in the United States oil patch — has chalked up a near million dollar net profit in the current financial year and considerably reduce its debt.

The facts are not right here, energy is cheap that means the cost of manufacturing and transporting of goods is low, food and consumers staples already more affordable, so what if a few American oil companies going out of business.the cost of producing oil in middle east is less than $ 10 / bl and we were paying more than $ 140 / bl for it, with that huge profit margin the big oil companies and oil producing nations became richer and the rest of us left behind, with the oil price this low the oil giants don't want to reduce the price at pump even a penny, because they are so greedy.worst case scenario is some CEOs bonuses might drop from $ 20 million to $ 15 millions I am sure they will survive.in terms of the stock market it always bounces back, after all it's just a casino like game.

While oil industry executives are preparing to live and profit in the world of $ 50 oil over the next few years, some enthusiast investors have been betting on $ 100 oil for December 2018 options.

Millions of Americans were beaten up by high gasoline and stock market declines so I have designed a plan to profit together between you and I but also to help thousands of average familes invest with us in a new oil company!

And as I shared with you last month, major explorers and producers's profits are now in line with what they were when oil was trading for $ 100 a barrel and more.

Failure to achieve this single KPI means the company is unable to increase oil and gas production year after year, reflecting negatively in the financial performance of the company's profit & loss statement.

LONDON Royal Dutch Shell reported on Thursday a 42 percent rise in first - quarter profit to its highest in more than three years on stronger oil prices and production, but its shares fell as the oil major's cash flow missed forecasts.

Saving oil and natural gas through efficiency gains and investment in renewables would also generate profit by allowing BC to import less oil from Alberta and to export more of the natural gas it already extracts.

Supermajor oil companies are living a new reality that is based on new profits in a forever - low oil price environment — and globally, analysts say, the oil sector is a great investment.

The EIA's report comes after earlier today in Asian and European trading market, players took profits from the oil rally, pressuring prices somewhat.

If I take Keystone XL out of the mix, in my toy model, I haven't impacted the cost of the marginal barrel of oil sands because I haven't changed the cost of a barrel shipped by rail, I've simply reduced the profit on the barrels which would be shipped via KXL by forcing them to be shipped to market in a more expensive way.

The decline in oil prices, which occurred in mid 2014, hits two years past the time that Southwest's profits and margins began improving.

While its easy to get caught up in all the negativity surrounding the company regarding lawsuits over their oil spill, the company is still generating large profits and remains committed to steadily increasing their dividend.

The first concern is dispelled when comparing the timing of the recent oil price drop to the increase in the firm's profits.

Investors are slowly waking up to the idea that they may not be able to make juicy profits by betting on a sharp rebound in oil prices.

After chopping spending by almost one - third to cope with a crash in oil prices and billions in writedowns that sent profits to the weakest since last decade, China's energy giants Continue Reading

The profits were recorded by the oil companies» affiliates in non-tax jurisdictions.

After becoming CEO in 2006, Tillerson led Exxon through more than a decade of ups and downs that included the late Hugo Chavez's seizure of Venezuelan oil fields, annual profits that set U.S. corporate records, and a 2010 shale acquisition that turned into a $ 35 billion wrong - way bet on natural gas.

Contango, a market situation in which the spot prices are lower than future prices, encourages traders to store crude oil and profit from selling it at prices higher than the spot market.

In the case of an oil spill cleanup, the costs are likely to be directly incurred by an insurance company, but the premiums paid for that insurance come at the expense of the value of the oil transportation service — the higher the expected clean - up costs from oil spills, the higher insurance premiums will be, and this will mean higher pipeline tolls, which in turn implies lower profits, taxes, and royalties on the products shippeIn the case of an oil spill cleanup, the costs are likely to be directly incurred by an insurance company, but the premiums paid for that insurance come at the expense of the value of the oil transportation service — the higher the expected clean - up costs from oil spills, the higher insurance premiums will be, and this will mean higher pipeline tolls, which in turn implies lower profits, taxes, and royalties on the products shippein turn implies lower profits, taxes, and royalties on the products shipped.

It was just the latest in a string of major setbacks for tar sands oil, which has become nearly as bad for corporate profits as it is for the environment.