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 instea
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 instea
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 instea
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 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, NNP
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, NNP
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 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 customer
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 customer
in 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 stat
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 stat
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 stat
in footloose industries, like electronics, to set up shop
in the stat
in 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 technolog
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 technolog
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 technolog
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 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.