Sentences with phrase «state oil company»

FILE PHOTO: A man wears a cap with the logo of PDVSA as he attends the swear - in ceremony of the new board of directors of Venezuelan state oil company PDVSA in Caracas, Venezuela January 31, 2017.

Saudi Arabia's willingness to delay the initial public offering of state oil company Aramco to 2019 has several motivations, from regulatory risk to competing projects in the government's crowded agenda.

Venezuela's President Nicolas Maduro on Nov. 2 announced plans to restructure the country's foreign debt, but also said state oil company Petroleos de Venezuela would make a $ 1.1 billion payment on a bond maturing the same day.

Crystallex International is looking to seize control of U.S. refiner Citgo Petroleum, which is owned by Venezuelan state oil company PDVSA.

A Saudi Arabian accused of having links to some of the 9/11 terrorists is working for his country's state oil company in London.

Advising Nigeria's state oil company on its defence to attempts to enforce a Nigerian arbitration award.

The most recent of these was a joint venture agreement with Indonesian state oil company Pertamina for a $ 5 billion refinery upgrade.

Among the other topics discussed was Saudi Arabia's plans to list state oil company Saudi Aramco on a foreign stock exchange.

However, stopping embezzlement from state oil companies is easier said than done.

Vice President Jorge Glas toured the site with reporters on September 7 as state oil company Petroamazonas drilled the first barrel of oil from just outside the park.

Under the 2012 Nessergy deal, the Congolese and Angolan state oil companies bought the company and, with it, its rights in oil - rich waters shared by the two countries.

Specifically, the dossier alleges that Page traveled to Moscow in July 2016, where he met with the president of Russia's state oil company Rosneft, Igor Sechin.

And yet by 2009, Gateway was once again a going concern and one of the backers turned out to be Sinopec, another Chinese state oil company and one of the owners of oilsands producer Syncrude Canada.

CARACAS, Venezuela — ConocoPhillips says it won $ 2 billion arbitration award against Venezuela's state oil company over asset seizures.

Tomorrow, Ecuadorian state oil company Petroamazonas will produce the first barrel of commercial crude from the ITT (Ishpingo, Tambococha, Tiputini) fields that lie beneath Yasuní National Park, an area that some scientists have called the most biodiverse rainforest on Earth.

The Venezuela state oil company PDVSA, which has borrowed more than $ 6bn from Kremlin - controlled Rosneft, caused consternation in Washington last year after putting up a 49.9 percent stake in its US - based refining subsidiary, Citgo, as collateral against a portion of the loan.

Bonds from Venezuela's state oil company due in October surged after the country paid $ 1.5 billion of debt that matured Friday.

Last fall Rosneft, the Russian state oil company sent a letter to Baghdad saying that since the Iraqi government was showing «lack of constructive position and interest» about Rosneft's offer to develop southern Iraqi oilfields, the company would shift its investment to the semi-independent province of Kurdistan.

Look no farther than Australia for evidence that Canada dodged an economic bullet when Malaysian state oil company Petronas pulled out of its C$ 36 - billion...

Nigeria's state oil company reported a loss in September as persistently weak oil prices hurt Africa's biggest crude producer, a report showed on Monday.

Well, because tar sand - extracted oils have a 2X + greater carbon footprint than «conventional oil,» operating margins for producing oil in Alberta will be roughly 1/2 as good as those of the competing state oil companies, once Cap & Trade is fully implemented.

Link between Angolan president's son - in - law and state oil company raises questions about transparency

Defended West African state oil company and its officers in federal court case in which plaintiff sought $ 1 billion in damages for alleged bribery of an international arbitration tribunal in Geneva; the US Court of Appeals for the Fifth Circuit affirmed the district court's dismissal of all claims

Appointed as the President of an UNCITRAL Arbitration Tribunal in relation to a dispute between a Russian subsidiary of an international oil field service provider and an indigenous CIS state oil company.

The US imposed sanctions barring trade of new debt issued by the Venezuelan government and state oil company Petroleos de Venezuela SA in US markets and blocked dealing in some existing bonds owned by the country's public sector to choke off funding to Maduro's government, which is running out of money.

CARACAS Venezuelan state oil company PDVSA has sued a group of oil trading companies through a U.S. trust over a multi-billion dollar corruption scheme to buy petroleum products below market value, the lawyer representing the trust said on Thursday.

But officials from Pertamina, the Indonesian state oil company, have come forward to say the spill was caused by the failure of a pipeline beneath the bay.

State oil company Saudi Aramco has signed a preliminary deal to invest in India's planned 1.2 million bpd West Coast refinery.

The logo of the Venezuelan state oil company PDVSA is seen at a gas station in Caracas, Venezuela June 30, 2016.

Sonangol, the Angolan state oil company, has agreed to pay for Nessergy's rights in the first instance.

LONDON — A former senior civil servant at the Treasury has attacked the government's decision to backstop a $ 2 billion (# 1.5 billion) loan to Saudi Arabia's state oil company in an apparent bid to woo the company to list in London.

Saudi Arabia needs to cover weighty domestic spending and attract investors to a partial sale of its state oil company, Aramco.

Five percent of the state oil company is expected to be put up for an initial public offering next year.

Petro - Canada has decided to pull out of Venezuela and has reached an agreement with the state oil company on compensation for its oil investments, the Venezuelan government said.

Another uncertainty is Venezuela, where the state oil company PDVSA has seen its production cut in half as its economy teeters and its ability to pump and process crude deteriorates.

The Financial Times reported on Thursday that the Treasury is «finalising» a $ 2 billion loan guarantee for Saudi Aramco, the state oil company that is gearing up for what would be the world's biggest ever stock market float.

Venezuela's Information Ministry and state oil company PDVSA did not respond to a request for information about the...

CARACAS, Venezuela — ConocoPhillips said it won a $ 2 billion arbitration award against Venezuela's state oil company, compounding the financial woes of the socialist - run nation as it struggles to feed its population.

Saudi Aramco will be ready for an initial public offering in the second half of 2018, Amin Nasser, the CEO of the state oil company, said in a Bloomberg television interview.

August saw the US's most drastic action, restricting the Venezuelan government's access to the US financial system, preventing it and the state oil company, PDVSA, from issuing new debt in US dollars.

Her father had hoped she could use her business acumen and political standing to clamp down on theft from the state oil company as it struggled to adjust to the sharp fall of oil prices over the previous year.

In Nigeria in 2014, Lamido Sanusi was fired as head of the central bank after trying to track down $ 20 billion that he said had been stolen from that country's state oil company, NNPC.

The corporate logo of the state oil company PDVSA is seen at a gas station in Caracas, Venezuela March 18, 2018.

State oil company PDVSA sweetened earlier terms and is now offering more bonds maturing in 2020 in exchange for $ 5.3 bln worth coming due next year.

State oil company Petroleos de Venezuela, commonly known as PDVSA, on Sept. 26 sweetened terms of a debt swap, offering to exchange more bonds maturing in 2020 for $ 5.3 billion worth that mature in 2017 after investors balked at an earlier $ 7.1 billion one - for - one proposal.

Contributing to the decreased supply is the Trump Administration's sanctions on OPEC countries boosting reliance on domestic oil supplies and a long - running economic crisis in Venezuela, where oil workers have been «resigning in droves» since their state oil company was taken over by a military leader.

Even now Saudi Arabia is finalizing its upcoming sale of an intended minority stake in the largest oil company in the world, their Saudi Aramco state oil company.