Sentences with phrase «on crude sales»

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.
A move to directly target Venezuela's oil industry would be a huge blow to Maduro's socialist administration, which is depending almost entirely on crude sales to try and decelerate a deepening economic crisis.
That would be a potentially crippling blow to the Maduro government, which depends almost exclusively on crude sales to sustain what's left of the economy.

Not exact matches

Potential U.S. sanctions on sales of light crude to Venezuela's oil company PDVSA would hamper its already weak refining network while leaving at least one tanker in limbo, according to a source from the state - run firm and Thomson Reuters data.
A lack of oil - moving infrastructure to handle the rising volumes of crude from western Canada put domestic oil on sale.
While crude oil prices might never get back to their past highs, an upward turn could transform Transocean (NYSE: RIG), Dawson Geophysical (NASDAQ: DWSN), and Encana (NYSE: ECA) into profit - friendly investments to buy on sale.
KRG says independent tanker loadings to begin The Kurdistan Regional Government (KRG) has announced that it will market crude from oil fields under its control sent autonomously of Iraq's central government to the Turkish port of Ceyhan in a pipeline it claims as its own, with the first shipment up for sale before the end of January.On the KRG's website late on Jan. 8, the Ministry of Natural Resources (MNR) gave «public notice of the commencement of the sale of its first shipment of crude oil exported via Kurdistan Region's new...
Crude oil was little changed near a five - month high as pending sales of U.S. existing homes jumped along with spending on construction projects.
Although current U.S. law prohibits raw crude from being sold abroad, the sale of 3.5 million barrels a day of refined products such as gasoline and diesel is, ostensibly, helping to keep a cap on the price of oil elsewhere in the world.
HOUSTON (Reuters)-- Potential U.S. sanctions on sales of light crude to Venezuela's oil company PDVSA would hamper its already weak refining network while leaving at least one tanker in Continue Reading
A crude levy on sales is far from perfect, but might add impetus to longer - term international reform efforts.
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.
According to a U.S. Supreme Court decision on June 25, oil giant ExxonMobil will pay the equivalent of 24 hours» worth of petroleum sales to the people impacted by the 11 million gallons of crude oil spilled into Prince William Sound in Alaska.
Sorry if that sounds crude but the Ferrari F12tdf exudes a desirability and aggression that might make it the most desirable car on sale today.
A Nigerian man with few opportunities enters the profitable - but - dangerous world of smuggling crude oil out of the Niger Delta for sale on the international market.
... Russian oil and gas sales, he points out, have always emphasized long term, 20 year, «take or pay» pipeline contracts, with the cost of gas based on a basket of crude oil and oil product pricing.
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?
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