The underlying dispute, the nationalisation of
oil refining operations in the Orinoco oil belt, was the subject of ICC arbitration in New York and so jurisdiction was not in issue; in principle, s 44 of the 1996 Act clearly applies to ICC arbitrations (although PDVSA expressly reserved its position on jurisdiction throughout the proceedings).
It's too early to tell whether owning their own
oil refining operation was the right decision or not, though typically companies do better to specialize, rather than vertically integrate.
Not exact matches
The positions involved at Koch Supply & Trading were primarily in
refined products and fuel
oil trading and
operations, according to the sources.
But that volatility, as Ghosh likes to note, is the upside of the integrated nature of the company, which gives it a continued hedge against the differential in world
oil prices through its downstream and midstream assets — on the midstream side, Husky operates a 2,000 - kilometre crude -
oil pipeline system, and its downstream
operations include upgrading and
refining crude
oil, and marketing gasoline, diesel, jet fuel, asphalt and ethanol in Canada and the United States.
The resulting exploration and production company will focus on
oil and gas worldwide while the downstream company will focus on
refining and marketing, primarily in the US although ConocoPhillips has some downstream
operations abroad.
Suncor Energy Inc. is barreling ahead on the ramp - ups of the Fort Hills and Hebron
oil megaprojects as its
refining operations protect it from the pipeline shortages and lower prices Continue Reading
And while there is pressure on pricing in the industry, global
oil consumption has continued to grow and the
oil must move from production to
refining operations.
Both companies managed to make a profit during the third quarter, bolstered by
refining operations and chemical divisions that are helped by low
oil prices.
Cargill has entered into a supply agreement to provide Unilever's European
operations with 10,000 metric tonnes of segregated
refined palm
oil, certified by the Round Table for Sustainable Palm Oil (RSP
oil, certified by the Round Table for Sustainable Palm
Oil (RSP
Oil (RSPO).
«During the
operation, the patrol team destroyed a Cotonou boat laden with suspected stolen crude
oil, 103 drums of illegally refined Automotive Gas Oil (AGO) and 2 motorcyc
oil, 103 drums of illegally
refined Automotive Gas
Oil (AGO) and 2 motorcyc
Oil (AGO) and 2 motorcycles
Their estimated production growth is higher than its super major peers, and its downstream
operations (
refining and marketing) help balance out its earnings during periods of low
oil prices.
The integrated
oil and gas giant has
refining operations that do better when crude prices decline, partly offsetting its exploration and production losses.
According to his corporate bio, he is 52 years old, he joined the company in 1992, and has spent most of his time in the chemical and
refining part of the
operation — not in the upstream portion which deals with
oil discovery and extraction.
Smaller,
oil sands - only players such as MEG Energy are more vulnerable during a downturn because they don't have the cash cushion of larger companies and don't have
refining operations to offset lost revenue from
oil and gas sales.
These
oil drilling and
refining operations cause long - term pollution to the air, land and water, which can impact your quality of life and the value of your property.
With offices in Mexico City, Monterrey and Houston, Avant Energy will focus on the development, construction and
operation of infrastructure for Mexico's
oil, natural gas,
refined products and electricity sectors, as well as participate in the recently liberalized markets for these products and services.
Avant Energy is a Mexican company focused on the development, construction and
operation of infrastructure for the country's
oil, natural gas,
refined products and electricity sectors, as well as on participation in the recently liberalized markets for these products and services.
Through its integrated transactional, regulatory, policy and dispute resolution practices, the firm is able to provide top legal counsel globally to lenders; investment banks; private equity funds; underwriters; issuers; independent producers; major multinational and state - owned
oil companies; national governments; energy service companies; processing,
operations, transportation and pipeline companies; and
refining and petrochemical companies.
Chevron explores for, produces and transports crude
oil and natural gas;
refines, markets and distributes transportation fuels and lubricants; manufactures and sells petrochemicals and additives; generates power and produces geothermal energy; and develops and deploys technologies that enhance business value in every aspect of the company's
operations.