The company is well - known for its simplicity —
it purchases oil assets to develop.
Not exact matches
The consumer watchdog has given the green light to Woodside Petroleum's proposed
purchase of
oil and gas
assets from US energy company Apache, after concluding it would not have a significant effect on the domestic gas market.
thanks, and yes, a pittance of a pension and regular checkups keep us on budget and head off any problems — best decision i ever made (financial or otherwise) was serving our country doing search - and - rescue,
oil and chemical spill remediation, etc. (you can guess the branch of service)-- along the way, frugal living, along with dollar - cost averaging,
asset allocation, and diversification allowed us to retire early — Vanguard has been very good over the years, despite the Dot Bomb, 2002, and the recession (where we actually came out better with a modest but bargain retirement home
purchase)... it's not easy building additional «legs» on a retirement platform, but now that we're here, cash, real estate, investments and insurance products, along with a small pension all help to avoid any real dependence on social security (we won't even need it at full retirement age)-- however, like nearly everybody, we're headed for Medicare in several years, albeit with a nice supplemental and pharmacy benefits — but our main concern is staying fit, active, and healthy!
The major producers of crude
oil had an abundance of dollars, which was recycled back into the system to
purchase dollar - denominated
assets.
The difference, however, is that while foreign companies mostly sold
oil assets, they mainly
purchased natural gas
assets as an adjustment strategy to cope with the anticipated decline in
oil prices and even the global
oil industry.
Chinese companies are expanding abroad and acquiring
assets such as state - owned CNOOC Ltd.'s $ 15.1 billion
purchase this month of Canadian
oil and gas producer Nexen.
Countries such as the BRIC emerging market countries (Brazil, Russia, India, China) but especially China and Russia, resent a situation where the developed countries of the world print money to sustain their economies (and keep the politicians in office) by
purchasing hard
assets such as
oil, minerals, and manufactured goods for essentially nothing.
This allows you to take profits from your various
assets (real estate,
oil, dividend stocks, you name it) and convert those profits into tax free dollars via policy loans, to use for additional cash flow
asset purchases, large ticket
purchases (vehicles, office equipment), retirement income, etc..
There are several major
asset classes: Paper (stocks, bonds, mutual funds, currency), Commodities (silver, gold,
oil), Businesses (creation,
purchase or partnership as opposed to common stock ownership) and Real Estate (rental properties, flips, land development).
The distribution follows the final settlement of the sale of Aspen's California
oil and gas
assets to Venoco, Inc., at which the parties made a number of immaterial adjustments to the
purchase price paid at the June 30, 2009 closing, and made certain other payments that were not determined until after the closing.
Third, there were some
asset purchases and rationalizing of
assets between the portfolio companies during the past 4 months; Several
oil / gas well drilling companies /
assets were acquired by different affiliates within the portfolio, then the companies /
assets were consolidated under Steel Excel (the shell of the old ADAPTEC), presumably upstreaming some cash from Steel Excel to the holding company for further investments.
Experienced in the
purchase and sale of both
oil and gas properties and midstream
assets, the arriving group's knowledge also covers a full range of
oil and gas exploration and development agreements such as leases, joint operating agreements, production sharing agreements and drilling contracts.
For example, two highlight deals in 2016 included the Chinese Geo - Jade Petroleum
purchase of Bankers Petroleum, a Canadian based company with
oil state contracts and, the sale of the stake of the only airport company in Albania from Deutsche Investitions - und Entwicklungsgesellschaft (DEG), AviAlliance and the Albanian American Enterprise Funds (AAEF) to China Everbright Limited and Friedmann Pacific
Asset Management.
a Canadian energy company in an ICC arbitration claim arising out of the sale and
purchase of a Kazakhstan limited liability partnership whose primary
assets were licences to produce three
oil fields in the Caspian, and in a related freezing injunction application in the English High Court
We have an extensive track record in the financing of the production, export, transport, warehousing and sale and
purchase of commodities including
oil and
oil products; bio fuels; chemicals; precious and base metals; soft commodities such as coffee, sugar, cocoa, grains, paper, cotton and textiles; and related
assets such as carbon credits.
He has particular experience of Electricity Market Reform, Contracts for Difference, carbon capture and storage, solar, wind, tidal, energy from waste and electricity and heat power
purchase, off - take and supply agreements, as well as regulated
asset and PPP models.Alex also advises clients in the Transport, Utilities,
Oil and Gas and Mining sectors.
Acted for Ball on its $ 8.4 bn
purchase of Rexam, and advised both companies on the sale of $ 3.4bn - worth of their
assets and operations in Europe, Brazil and the US to Ardagh Group; acted for Jacobs Douwe Egberts on its $ 5.8 bn secured, cross-border refinancing; acted for joint global coordinators and joint lead managers in a Rule 144a / Reg S $ 9bn bond offering by the State of Qatar; secured a win for Ukrainian businessman Gennadiy Bogolyubov in the English High Court against Tatneft which brought claims against the client and three other individuals following an alleged failure to pay for
oil delivery by a Ukrainian refinery; acted for Endurance Specialty Holdings on its $ 6.3 bn acquisition by SOMPO Holdings.
It provides market advisory services specializing in strategy, acquisitions and divestures for firms engaged in trading, marketing or
purchasing of energy commodities,
purchase and sale of energy related
assets and E&P for
oil and gas.