Sentences with phrase «oil sales revenues»
Anecdotally, it wasn't directly responsible - the fact that USSR was imploding economically after the respite of Brezhnev's oil sales revenues (and as a consequence, was unable to hold on to militarily - maintained unity) was the main driver.
https://politics.stackexchange.com/ Not exact matches
Cannabis oil sales accounted 23 per cent of Canopy's revenue for the latest quarter, compared to 13 per cent in the same period a year ago.
For one, political instability has made maintaining employment in the oil industry more important than keeping government revenues from oil sales high.
Cuts to the highest per - capita spending in Canada will doubtless be part of the budget Premier Alison Redford unveils on March 7, but a shortfall on the revenue side, namely oil and gas royalties, has prominent Albertans calling for a more stable source of funding: a provincial sales tax.
These risks include, in no particular order, the following: the trends toward more high - definition, on - demand and anytime, anywhere video will not continue to develop at its current pace or will expire; the possibility that our products will not generate sales that are commensurate with our expectations or that our cost of revenue or operating expenses may exceed our expectations; the mix of products and services sold in various geographies and the effect it has on gross margins; delays or decreases in capital spending in the cable, satellite, telco, broadcast and media industries; customer concentration and consolidation; the impact of general economic conditions on our sales and operations; our ability to develop new and enhanced products in a timely manner and market acceptance of our new or existing products; losses of one or more key customers; risks associated with our international operations; exchange rate fluctuations of the currencies in which we conduct business; risks associated with our CableOS ™ and VOS ™ product solutions; dependence on market acceptance of various types of broadband services, on the adoption of new broadband technologies and on broadband industry trends; inventory management; the lack of timely availability of parts or raw materials necessary to produce our products; the impact of increases in the prices of raw materials and oil; the effect of competition, on both revenue and gross margins; difficulties associated with rapid technological changes in our markets; risks associated with unpredictable sales cycles; our dependence on contract manufacturers and sole or limited source suppliers; and the effect on our business of natural disasters.
That would have essentially taken control of Russian oil out of the national patrimony, and probably left it with little sales and export revenue after Exxon's accountants had done the usual creative tax strategies using flags of convenience and offshore banking centers to leave no reported taxable earnings.
TULSA, Okla. --(BUSINESS WIRE)-- Oil and NGL sales accounted for 96 percent of WPX Energy's (NYSE: WPX) first - quarter 2018 total product revenue of $ 407 million following the divestitures of its San Juan Basin assets, concluding with the sale of its Gallup holdings in March.
These included overly optimistic economic growth and oil price assumptions; cutting the contingency reserve by two - thirds; selling shares in GM at fire sale prices; raiding EI revenues; and even booking «savings» from unilateral changes to federal employees» sick leave benefits.
While falling oil prices spurred discussion of a provincial sales tax to help plug the hole in the province's royalty revenues, Alberta needs to consider more consequential measures.
This company operates internationally as an «integrated» oil and natural gas company, although in reality, its exploration and production operations merely supplement its revenue stream with 16 % of total 2012 sales, leaving the lion's share attributable to its U.S. and U.K. - based downstream business.
«The NPDC's crude sale for the month is still hampered by Forcados pipeline vandalism, which continued to deny the NPDC of monthly crude oil revenue of about 20.0 bn.»
Africa's largest economy, which relies on crude sales for around 70 percent of government revenues, has been hammered by the more than 50 percent fall in oil prices since June last year.
The consortium of experts was able to track the global movements of the country's hydro - carbons including crude oil and gas with the main purposes of identifying the companies engaged in the practices that led to missing revenues from crude oil and gas exports sales to different parts of the world.
BOST had been in the news for selling 5 million litres of contaminated fuel to two unlicensed companies, Movepiina and Zup Oil, which were allegedly set up few days before the sale making Ghana lose about GHc 7 million in revenue.
ABUJA — Nigeria's woes in the area of dwindling revenue from crude oil sales is expected to heighten in the next couple of days, as the South African Petroleum Industry Association, SAPIA, yesterday, stated that South Africa would likely stop importing crude oil from Nigeria following the lifting of the sanctions on Iran.
BOST has been heavily criticized for selling 5 million litres of contaminated fuel to two unlicensed companies, Movepiina and Zup Oil, which were allegedly set up few days before the sale making Ghana lose about GHc 7 million in revenue.
The leader of the team disclosed that with the poor revenue from the Federation Account which is largely sourced from crude oil sales, the current administration of President Muhammadu Buhari is looking for other sources of revenue to execute capital projects and provide social services for the people.
The Bulk Oil Storage and Transportation Company Limited (BOST) has been heavily criticized for selling 5 million litres of contaminated fuel to two unlicensed companies, Movepiina and Zup Oil, which were allegedly set up few days before the sale making Ghana lose about GHc 7 million in revenue.
BOST had been widely criticized for selling 5 million litres of contaminated fuel to two unlicensed companies, Movepiina and Zup Oil, which were allegedly set up few days before the sale making Ghana lose about GHc 7 million in revenue.
The new wrinkle is the administration's heavy reliance on what is called mandatory spending, which would fund a specific program using revenue generated by the sale of a government asset, such as oil in the strategic petroleum reserve, or a particular tax or license fee.
The proposal includes significant «mandatory spending, which would fund a specific program using revenue generated by the sale of a government asset, such as oil in the strategic petroleum reserve, or a particular tax or license fee,» Mervis continued.
[June 9, 2:28 a.m. Updated BP announced Tuesday night that it will create a wildlife fund with all of its net revenues from selling skimmed or salvaged oil from the gushing well (minus the royalty it pays the United States government and the portion of sales owed to others who own a portion of that lease).
To illustrate, Alberta collected just $ 827 million in royalties on oil sands company sales of $ 120 billion in 2016 (note that this figure also includes downstream revenues).
States that allow drilling would get 37.5 percent of revenues from sale of the oil to help protect coastal ecosystems.
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.
But, if the goal is generating revenue for government to fund worthy projects, rather than a series of one - time sales, why not lift the ban on U.S. crude oil exports and create an annual revenue stream?
Dechert has acted for Haymarket Media Group on the redevelopment and sale of the Teddington Riverside site, and acted in claims against Ecuador that arose from Ecuador's oil - revenue profit levy.
Eaglefordshale.com recently wrote an article that provided research from the University of Texas at San Antonio that showed that employment in Karnes County increased by 260 %, and local sales tax revenues recently doubled in Dimmit County due in large part to increased oil and gas activity.