CARACAS, Venezuela — ConocoPhillips says it won $ 2 billion arbitration award against Venezuela's
state oil company over asset seizures.
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.
U.S.
oil major Chevron Corp has evacuated executives from Venezuela after two of its workers were imprisoned
over a contract dispute with
state - owned
oil company PDVSA, according to four sources familiar with the matter.
The U.S.
oil company removed executives from Venezuela after two of its workers were imprisoned
over a contract dispute with
state - owned
oil company PDVSA.
U.S.
oil major Chevron Corp has evacuated executives from Venezuela after two of its workers were imprisoned
over a contract dispute with
state - owned
oil company PDVSA.
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.
The
state took
over YPF, an
oil and gas
company owned by Spanish energy
company Repsol, and she feuded with soy farmers (who grow one of Argentina's biggest exports.)
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.
«
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.
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.
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.
The
oil market crash
over the past two years has strained the
state - owned
company even further, with the finances having «taken a huge blow,» Coldwell said.
Rosneft has taken
over TNK - BP in a $ 55bn (# 36bn) deal that will make the Russian
state - owned
oil company by far the world's largest listed
oil producer.
He further
stated that following the exit from the joint venture cash call arrangements with multinational
oil and gas
companies, the country had received investment requests amounting to
over 15 billion dollars.
He
stated, «
Over the years, international
oil operating and service
companies in Nigeria took all their research problems back to their home countries or to centres across the globe without recourse to our involvement by local universities and research centres.»
The accusations emerged from the giant scandal in Brazil involving the
state oil company there, Petrobras, which was bilked for billions of dollars
over the course of a decade by corrupt executives, politicians and contractors — including Odebrecht.
«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.
Sadly, there are inconsistencies in the accounts of the energy ministry, the National Petroleum Authority and the
state owned bulk
oil storage
company, BOST,
over the fuel fraud saga.
Arkady was said to have been trying to get some placing shares in the last fund raise but was too late getting the paperwork in as it was oversubscribed.Roman Abramovich gave an interview to i think a dubai newspaper in early jan where he
stated he is actively seeking new
oil and gas assets in siberia and he also mentioned the new proposed changes to the mineral extraction tax.So putting two and two together he must think the smaller
companies in the region are prime for picking off some assets or take
over.
the directors for the
stated reasons are not in a position to raise cash with a share issue so it has to produce good results now or negotiate the
companys take
over which could be the reason for the delay in releasing
oil pumping info.
I also have a position in MFC Industrial, a
company with exposure to metals and
oil and gas (which, however, I will be selling shortly), a video game developer that is a net / net (Gravity Ltd.), a small position in RadioShack (made even smaller by the decline in share price over the past 2 years), and finally a short - term spinoff trade (Oil States Internationa
oil and gas (which, however, I will be selling shortly), a video game developer that is a net / net (Gravity Ltd.), a small position in RadioShack (made even smaller by the decline in share price
over the past 2 years), and finally a short - term spinoff trade (
Oil States Internationa
Oil States International).
All three of the largest anti-nuclear groups in the United
States have budgets
over $ 100 million per year and receive funding from
oil, gas, solar and wind investors, or are invested in
oil and gas, and renewable energy
companies.
International
oil companies and banks are complicit in this process of embezzlement because they refuse to publish what they pay to the Angolan
State, preventing ordinary Angolans from calling their government to account
over missing
oil revenues.
These suits, which were filed in
state court, are part of «a growing body of legal action against
oil companies over climate change,» Reuters notes.
The
oil company loses its home court advantage before a sympathetic judge who has voiced skepticism
over the climate fraud investigations by
state attorneys general.
They then note that the approximately «27 % of the HECO
Companies» renewable portfolio mix» in 2014 prevented the use of «millions of barrels of
oil, curbed Hawai'i's greenhouse gas emissions, and reduced the
over four billion dollars sent out - of -
state each year.»
[Translate] In just
over a month, the
state - owned
oil company was at the center of three tragic incidents, two fatal.
Defend two subsidiaries of the
state - owned
oil company of Venezuela in a lawsuit brought by a U.S.
company in the U.S. District Court for the Southern District of Florida
over contracts for the delivery of food products to Venezuela.
Mishcon de Reya's Fraud Defence Group has successfully struck out a High Court claim brought by Russian
state - owned
oil company PJSC Tatneft against four Ukrainian businessmen
over allegations they misappropriated more than US$ 334 million owed from a major
oil transaction.
The practice's recent representations include: (i) CONMEBOL in connection with U.S. criminal investigations and prosecutions into allegations of bribery and corruption in the international soccer world; (ii) the Special Committee of Banco BTG Pactual S.A. («BTG Pactual») in an internal investigation of alleged corruption involving its former CEO and other bank executives, in which we found no basis to support the allegations against the Bank and its employees; (iii) two of the largest construction
companies in Brazil in potential civil and criminal investigations and litigation involving the Petrobras bribery scandal (Lava Jato), the largest corruption scandal in Latin American history, involving allegations of
over $ 2.5 billion in bribes and kickbacks; (iv) the Government of Brazil in a corruption matter involving former senior government officials and multiple jurisdictions; (v) the General Manager of one of the largest energy
companies in Central America in connection with allegations of bribery in Guatemala; (vi) a Mexican high - ranking executive for Wal - Mart Stores, Inc. in connection with DOJ and SEC FCPA investigations against Wal - Mart; (vii) a large Argentinean
oil company and its owner, one of Argentina's wealthiest individuals, in connection with high - profile DOJ and SEC investigations involving alleged FCPA violations to secure an extension of
oil rights in an Argentinean oilfield; (viii) the United
State's largest chemical and industrial products
companies in an internal investigation of alleged corruption involving its Mexican subsidiary; (ix) the Rosenthal family, one of the most prominent families in Central America, in a number of related criminal matters; and (x) a senior executive of one of Venezuela's largest engineering
companies in DOJ investigations into corruption and money laundering involving PdVSA.