Sentences with phrase «state oil company on»

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

Not exact matches

KUALA LUMPUR, April 24 - Malaysian state - owned oil company Petroliam Nasional Berhad, better known as Petronas, on Tuesday said it had delivered its first liquefied natural gas cargo to South Korea's No. 3 refiner S - Oil Coroil company Petroliam Nasional Berhad, better known as Petronas, on Tuesday said it had delivered its first liquefied natural gas cargo to South Korea's No. 3 refiner S - Oil CorOil Corp..

Saudi Arabia is walking back plans for a massive public share offering for state oil giant Aramco, the world's biggest oil company, on a big international stock exchange.

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.

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.

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.

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.

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.

He is president of Shell Oil Co. in the United States, and sits on the executive committee of Royal Dutch Shell, its parent company.

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

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.

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.

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.

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.

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.

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 technology.

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.

Brazilian state - controlled oil company Petroleo Brasileiro SA has chosen French company Engie SA to enter exclusive talks to sell its gas pipeline network Transportadora Associada de Gás, three people with knowledge of the matter said on Thursday.

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.

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.

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.

In Vietnam, a campaign to crack down on fraud and mismanagement in state - owned energy companies and banks have gathered case, as the country started the high - profile trial of 22 executives of the state oil firm PetroVietnam on Monday.

Brazilian state - controlled oil company Petroleo Brasileiro SA has chosen to enter exclusive talks with France's Engie SA for the sale of Petrobras» gas pipeline network Transportadora Associada de Gás, five people with knowledge of the matter said on Thursday.

Malaysia's Petroliam Nasional Bhd, or Petronas, reported a fourth - quarter net loss on Monday and announced spending cuts for the next few years, as the state oil company braces for a Continue Reading

The Venezuelan government and its state - run oil company, PDVSA, both defaulted on certain bonds in November, according to ratings agencies.

Abu Dhabi's state - owned oil company on Monday announced plans to publicly list parts of its business and seek new partnerships with oil majors.

A vice president of China's biggest oil company, state - owned CNPC, is under investigation on suspicion of unspecified «severe violations of discipline,» the government said Monday.

State - owned oil companies in June last year dumped the 15 - year old practice of revising rates on 1st and 16th of every month and instead adopted a dynamic daily price revision to instantly reflect changes in cost.

The bill essentially bans any company that does more than $ 20 million dollars in business with Iran's energy sector — either oil, gas, or nuclear power — from being able to bid on state or local government contracts.

Meanwhile, the Iranian state - owned oil company, the National Iranian Oil Co, would compensate the foreign company depending on the deposit, production volumes, and oil pricoil company, the National Iranian Oil Co, would compensate the foreign company depending on the deposit, production volumes, and oil pricOil Co, would compensate the foreign company depending on the deposit, production volumes, and oil pricoil prices.

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.

On 3 January, 2013, Shell and its surrogate company lifted crude oil that resulted in the shortfall of 979,031 barrels in the value of $ 107,693,410 On the 14th of December, 2014, Shell also lifted crude oil using the vessel EAGLE TUSCON and shipped same to Shell Deer Park of 5900 Texas 225, Deer Park, TX77536, USA at the port of Houston, Texas, United States of America with Bill of lading number AETK0909US14.

Group Managing Director, Nigerian National Petroleum Company (NNPC), Dr Maikanti Baru, on Friday disclosed that the company would commence oil exploration along Gongola Basin, in BauchiCompany (NNPC), Dr Maikanti Baru, on Friday disclosed that the company would commence oil exploration along Gongola Basin, in Bauchicompany would commence oil exploration along Gongola Basin, in Bauchi state.

-LRB-... In a presentation Thursday at the Broome County Office Building, a representative from GasFrac Energy Services Inc. said the firm, which has worked on natural gas and oil rigs in Canada and Texas, has had discussions with gas companies about contracting to tap into the state's portion of the Marcellus.

The state - owned oil company of Azerbaijan secretly funded an all - expenses - paid trip to a conference at Baku on the Caspian Sea in 2013 for 10 members of Congress — including two New Yorkers, Reps. Yvette Clarke and Greg Meeks — and 32 staff members.

A statement by Tony Opuiyo said, «On Friday, 13th January, 2017, it rescued four (4) oil company kidnap victims from their abductors at White House Estate, Rumukwurushi, Port Harcourt, Rivers State.

While Cuomo claims he's trying to make New York business - friendly, an authoritative oil - and - gas industry source involved in Pennsylvania - based energy production told The Post the governor has repeatedly rejected offers of information on fracking from leading energy companies, which are prepared to invest hundreds of millions of dollars on gas exploration in the state.

Chukwudi Akasike, Port Harcourt Oil giant, Shell Petroleum Development Company of Nigeria Limited said on Friday that it had invested a total of N14.86 billion on Global Memorandum of Understanding clusters in Rivers State.

«Justice Hassan specifically, ordered Sea Petroleum Oil & Gas Ltd. and its affiliated companies to hand over the company's business, which sits on over 9000 square kilometres of land in the fastest developing area of Lagos State along the Lekki - Epe Expressway,» it said.

Norway's state - owned Statoil has cold - weather expertise with which it hopes to exploit deposits in the Barents Sea, and Canada - based Imperial Oil is among a handful of companies bidding on Canadian claims in the Beaufort Sea.

The state's Division of Oil and Gas and Geothermal Resources on July 7 issued cease and desist orders to seven energy companies warning that they may be injecting their waste into aquifers that could be a source of drinking water, and stating that their waste disposal «poses danger to life, health, property, and natural resources.»

The California state Senate on Thursday unanimously approved a bill requiring oil companies to report how much water they use in their drilling operations and the water's source, a move that comes amid a severe statewide drought.

Yayasan Sabah — the Sabah Foundation, a Malaysian state - owned company — is felling 75,000 hectares of rainforest on the island of Borneo and converting it to lucrative palm oil plantation.

SAN FRANCISCO (Reuters)- The California state Senate on Thursday unanimously approved a bill requiring oil companies to report how much water they use in their drilling operations and the water's source, a move that comes amid a severe statewide drought.

Perry wants to cut the size of the Department of Education in half by consolidating its functions, and his energy policy is big on states» rights and freeing oil and gas companies to access existing resources.

Also at stake are a number of high profile U.S. politicians who have staked, to a large degree, their upcoming reelection by campaigning on the claimed successes of the oil and gas companies operating within their state's shale formation.

The carbon entity data allows for the differentiation between carbon emissions, produced and marketed by each of the 90 major multi-national and state - owned coal, oil and gas companies (and their predecessors), and the total human attribution on climate change impacts.

Now a well - financed coalition of right - wing ideologues, out - of - state oil and gas companies and climate - change skeptics is seeking to effectively kill that law with an initiative on the November state ballot.