Sentences with phrase «state oil company in»

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.
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.

Not exact matches

The stock has soared more than eight per cent over the past week on speculation the company could buy the retail operations of oil and gas giant Hess, which owns about 1,350 gasoline stations in 16 East Coast states.
Since then, it's been more timid than the two other Chinese state - owned oil companies, Sinopec and China National Petroleum Corp. (parent company of PetroChina) investing in North America.
Saudi Arabia, in the midst of transforming its economy and poised for a public offering of its state - owned oil company, could be vulnerable to Federal Reserve policy, observers say.
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.
Netflix description: «This fictional drama series is loosely inspired by an investigation of alleged corruption in private and state oil and construction companies in Brazil.»
Some states require oil and gas companies to disclose the chemicals and the amount of water they use in fracking operations on FracFocus.org, a website formed by industry and intergovernmental groups in 2011, but the statistics are not complete.
In northwest Louisiana, as the production rush began in the Haynesville Shale in 2009, the state water agency ordered oil and gas companies to stop pulling groundwater from the local aquifer that also supplied homes and businesses, and use surface water insteaIn northwest Louisiana, as the production rush began in the Haynesville Shale in 2009, the state water agency ordered oil and gas companies to stop pulling groundwater from the local aquifer that also supplied homes and businesses, and use surface water insteain the Haynesville Shale in 2009, the state water agency ordered oil and gas companies to stop pulling groundwater from the local aquifer that also supplied homes and businesses, and use surface water insteain 2009, the state water agency ordered oil and gas companies to stop pulling groundwater from the local aquifer that also supplied homes and businesses, and use surface water instead.
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 company will invest 90 per cent of its 2018 capital budget of between $ 535 million and $ 585 million in the United States, most in North Dakota Bakken light oil wells, where production is expected to grow by 30 per cent.
Recent examples include Chick - fil - A for its stated company - wide stance on same sex marriage, BP for the oil catastrophe in the Gulf and American Apparel for using Hurricane Sandy to promote sales.
China's state oil company signed a preliminary agreement in November to invest in a $ 43 billion LNG export facility in Alaska, which would compete with Russia's Yamal LNG export terminal in the Arctic.
He is president of Shell Oil Co. in the United States, and sits on the executive committee of Royal Dutch Shell, its parent company.
KUWAIT CITY — Kuwait's state - run oil company says it has contained a fire at an onshore oil rig in the country's southwestern oilfields.
Recent reports that China's large state - owned oil companies are considering an outright purchase of 5 percent of Saudi Aramco, a move that Saudi Arabia is rumored to be considering in lieu of the Aramco IPO, should be seen in this context.
HOUSTON / CARACAS, April 23 - Two Chevron Corp. employees detained in Venezuela last week could be charged with treason for refusing to sign a parts contract for a joint venture with state - owned oil company PDVSA, according to two sources familiar with draft charges against the U.S. firm's executives.
Prosecutors began to uncover a string of corruption scandals in 2014 and 2015, involving both private and state - controlled companies, like Petrobras, the nation's oil and gas champion, as well as current and former elected officials — namely, the former president of Brazil, Luiz Inácio Lula da Silva.
In December 2016, he fled to Canada, where he now seeks asylum from gangs that steal fuel from Salamanca and five other refineries operated by Pemex, the state - owned oil company.
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.
With approval rating in the low teens just five months into her second term, Rousseff's also struggling to win back the public trust amid Brazil's biggest corruption investigation, an inquiry into a massive kickback scheme at state - run oil company Petrobras.
Oil and gas companies in some states haven't been compelled to say what's in their brew, so some don't.
Two Chevron employees detained in Venezuela last week could be charged with treason for refusing to sign a parts contract for a joint venture with state - owned oil company PDVSA, according to two sources familiar with draft charges against the U.S. firm's executives.
Two Chevron employees detained in Venezuela last week could be charged with treason for refusing to sign a parts contract for a joint venture with state - owned oil company PDVSA, according to sources familiar with draft charges against the executives.
The bill's introduction also comes amid various actions and statements by the Trump administration, including a fourth round of sanctions that restrict Venezuela and Petróleos de Venezuela SA, a state - owned oil company, from issuing new debt or from engaging in other financial dealings with U.S. citizens.
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.
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, NNPIn 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, NNPin 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 organic soap and body care products company, which uses hemp and hemp oil in many of its products, announced it will financially support organizations working to legalize marijuana in five states
In the era of the Internet of Things (IoT) and the Internet of Everything (IoE), data about oil resources and oil wells is so important that companies across the oil industry's chain are now seeking to explicitly state in contracts who owns that data — the oil service firms or their exploration customerIn the era of the Internet of Things (IoT) and the Internet of Everything (IoE), data about oil resources and oil wells is so important that companies across the oil industry's chain are now seeking to explicitly state in contracts who owns that data — the oil service firms or their exploration customerin contracts who owns that data — the oil service firms or their exploration customers.
Page said that in addition to meeting with members of Russia's presidential administration, he was also «in touch» with Andrey Baranov, the head of investor relations at the Russian state - owned oil company Rosneft, before the trip.
Troop reductions hit the United States Army hard and the drop in oil prices has not been kind to companies that serve the energy industry.
We said in January a state - controlled Chinese oil company would make a bid for a large - cap Canadian energy company.
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.
PDVSA is a state - owned oil and natural gas company which, in addition to the Venezuelan government, is also the target of U.S. sanctions.
Iran is believed to have responded with computer attacks on targets in the United States, including American banks and foreign oil companies.
HOUSTON, April 25 An international arbitration court has ordered Venezuela's state - run oil company PDVSA to pay ConocoPhillips $ 2.04 billion for early dissolution of two joint ventures for producing oil in the OPEC - member country, the U.S. firm said on Wednesday.
Under the new guidelines, the acquisition of oil sands companies by foreign state - owned enterprises will only be found to constitute a new benefit for Canada in «exceptional circumstances.»
What's going on is that thousands of oil workers are fleeing the state - run oil firm under the watch of its new military commander, who has quickly alienated the firm's embattled upper echelon and its rank - and - file, according to union leaders, a half - dozen current PDVSA workers, a dozen former PDVSA workers and a half - dozen executives at foreign companies operating in Venezuela.
In theory, such choices are designed to attract other industries to the province in much the same way that Texas, which has no state income tax, tries to use its oil revenues to convince companies in footloose industries, like electronics, to set up shop in the statIn theory, such choices are designed to attract other industries to the province in much the same way that Texas, which has no state income tax, tries to use its oil revenues to convince companies in footloose industries, like electronics, to set up shop in the statin much the same way that Texas, which has no state income tax, tries to use its oil revenues to convince companies in footloose industries, like electronics, to set up shop in the statin footloose industries, like electronics, to set up shop in the statin the state.
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.
The corporate logo of the state oil company PDVSA is seen at a gas station in Caracas, Venezuela March 18, 2018.
Beyond the actual gas project and LNG sales, China's state - run shipping conglomerate COSCO has also secured a 50 percent stake in the four LNG shipping carriers serving Yamal.90 Chinese engineers and workers have been deployed to the Yamal Peninsula to help construct surrounding infrastructure, which includes a Chinese - produced polar drilling rig.91 Moreover, a Chinese oil and gas rig producer now provides Russia with about 60 percent of its imported oil rig supplies, indicating that China is becoming a dominant player in this sphere.92 Chinese media recently hailed Yamal as an example of China's construction and engineering prowess and a symbol of its transformation into an Arctic player.93 In return for China stepping into support the project, senior officials from Novatek, the main shareholder of the project, announced that the first LNG shipment would symbolically go to China.94 But a British subsidiary of Malaysia's Petronas purchased the first shipment of Yamal LNG and sold it to France's Engie, which then shipped the cargo to its Boston import facility for American use.95 Western sanctions on Novatek, Russia's largest independent national gas producer and a company with close ties to the Kremlin, made Yamal's pivot to China possible, as sanctions forced Russia to find an alternative source of investment and technologin the four LNG shipping carriers serving Yamal.90 Chinese engineers and workers have been deployed to the Yamal Peninsula to help construct surrounding infrastructure, which includes a Chinese - produced polar drilling rig.91 Moreover, a Chinese oil and gas rig producer now provides Russia with about 60 percent of its imported oil rig supplies, indicating that China is becoming a dominant player in this sphere.92 Chinese media recently hailed Yamal as an example of China's construction and engineering prowess and a symbol of its transformation into an Arctic player.93 In return for China stepping into support the project, senior officials from Novatek, the main shareholder of the project, announced that the first LNG shipment would symbolically go to China.94 But a British subsidiary of Malaysia's Petronas purchased the first shipment of Yamal LNG and sold it to France's Engie, which then shipped the cargo to its Boston import facility for American use.95 Western sanctions on Novatek, Russia's largest independent national gas producer and a company with close ties to the Kremlin, made Yamal's pivot to China possible, as sanctions forced Russia to find an alternative source of investment and technologin this sphere.92 Chinese media recently hailed Yamal as an example of China's construction and engineering prowess and a symbol of its transformation into an Arctic player.93 In return for China stepping into support the project, senior officials from Novatek, the main shareholder of the project, announced that the first LNG shipment would symbolically go to China.94 But a British subsidiary of Malaysia's Petronas purchased the first shipment of Yamal LNG and sold it to France's Engie, which then shipped the cargo to its Boston import facility for American use.95 Western sanctions on Novatek, Russia's largest independent national gas producer and a company with close ties to the Kremlin, made Yamal's pivot to China possible, as sanctions forced Russia to find an alternative source of investment and technologIn return for China stepping into support the project, senior officials from Novatek, the main shareholder of the project, announced that the first LNG shipment would symbolically go to China.94 But a British subsidiary of Malaysia's Petronas purchased the first shipment of Yamal LNG and sold it to France's Engie, which then shipped the cargo to its Boston import facility for American use.95 Western sanctions on Novatek, Russia's largest independent national gas producer and a company with close ties to the Kremlin, made Yamal's pivot to China possible, as sanctions forced Russia to find an alternative source of investment and technology.
State owned Chinese energy companies are not pouring billions of dollars into developing Alberta's oil sands so more synthetic crude or bitumen can be sent to refineries in Cushing Oklahoma.
Since then, China's state owned refining company, Sinopec paid more than $ 4.5 billion for a 9 % stake in Syncrude, the largest oil sand producer in the province.
«Over recent months, several of the world's largest oil companies have acquired a variety of companies and projects that have nothing to do with extracting, refining, or distributing hydrocarbons — but that are set to thrive in the low - carbon transition,» the report states.
As its name suggests, the oil and gas producer focuses entirely on prospects within the state of California, and the crude oil price declines in 2015 created massive losses for the small exploration and production company.
For instance, the criminal case against former minister of economic development Aleksey Ulyukayev — initiated in 2016 by Igor Sechin, head of the state - owned oil company Rosneft — was evidently part of Sechin's struggle against Prime Minister Dmitriy Medvedev's government over power and resources.
He was arrested in December 2016 and charged with receiving a bribe from Igor Sechin, head of the state - owned oil company Rosneft.
The report said a price recovery is expected to cause the most pain among companies drilling in the United States, who rely mostly on hydraulic fracturing, which isn't profitable unless the average global price of oil is around $ 60 per barrel.
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.
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