Sentences with phrase «value of oil»

However, the market value of the oil is only $ 50 per barrel, meaning it paid more than the spot (market) price for oil.
The actual value of oil for human society is far greater than the market price.
A simpler corporate structure would better allow the market to bid up the underlying value of the oil and gas business to reflect the doubling of the commodity pricing in the last year.
New survey reveals share of fund managers who expect value of oil firms to drop in coming years has doubled in the last 12 months
Safety is a core value of the oil and natural gas industry — safety for workers, communities near active operations and the environment, from protecting plants and animals to reducing emissions for cleaner air.
While the collapse of the rouble has increased the cost of imported equipment, it has also significantly increased the rouble value of oil and gas exports as each dollar earned from exports is now worth a lot more roubles, and only 20 per cent of Gazprom's costs, for example, are in foreign currency.
«For Alex Salmond to treat us like fools by deliberately confusing the wholesale value of oil with the amount we would actually raise through tax is fundamentally dishonest,» he said.
OK, I know somebody's dying to talk about Russian political risk, domestic Russian oil prices, the implied value of the Oil India deal, etc..
In January, HSBC said in its «unburnable carbon» report the market value of oil majors such as Shell, BP and Statoil were at risk because they could be forced to leave much of their resources in the ground.
Issue involved claimed failure to disclose value of oil and gas reserves in North Sea and elsewhere, accounting treatment of various assets, and proper accounting for asset transfers.
Petroleum engineers have to evaluate the costs and to estimate the economic value of oil and gas wells, to see if a drilling site is economically viable.
Hailed by some as «the world's first really green oil deal,» Ecuador's plan would leave almost a billion barrels of oil in the ground below Yasuni National Park in return for $ 3.6 billion, or about half the market value of the oil.
A new survey by the Sustainable Investment and Finance Association (UKSIF) reported that the number of fund managers that expect the value of oil firms to drop in the next few years has doubled.
Canada's dollar typically tracks the value of oil, and crude prices have been weak lately.
The company has also had to take big losses related to write - downs of the value of its oil and gas assets, to reflect the lower prices these energy commodities are garnering on the open market.
From July to December, the story was one of oil sands bucking the trend, to a point — while global oil prices dropped, discounts applied to Canadian heavy oil dropped as did the costs of the diluent used to ship oil sands products via pipeline, and so the value of oil sands bitumen declined by less than world oil prices.
That's mostly due to ongoing decline of the value of oil, the international price of which dropped below $ 30 (US) per barrel last week.
But being at war with your smaller neighbor can also be costly, especially if your belligerence attracts international criticism and economic sanctions, and coincides with a collapse in the value of oil, your key export commodity.
As a growing number of banks and investors look to shift their focus away from high carbon industries, fund managers are becoming increasingly concerned that the value of oil companies could be about to fall.
In fact, at times during the summer and fall this year, when the price spread was at its widest, Canada was effectively facing a financial trade deficit for oil — the value of the oil we exported was lower than the value of oil we imported — even though we were a net exporter of oil in terms of barrels.
In the case of an oil spill cleanup, the costs are likely to be directly incurred by an insurance company, but the premiums paid for that insurance come at the expense of the value of the oil transportation service — the higher the expected clean - up costs from oil spills, the higher insurance premiums will be, and this will mean higher pipeline tolls, which in turn implies lower profits, taxes, and royalties on the products shipped.
The surplus in goods trade with the U.S. was the smallest since the third quarter of 2016, as weaker prices decreased the value of oil exports.
A metric used to determine the value of a oil and gas company.
Additionally, Nana Akufo - Addo stated that «we are going to develop a petrochemical industry here in the Western region, so we can maximize the value of the oil find.
This does not include the value of the oil you'll use for the pan.
If you think for example the value of let's say oil will fall in value then you will need to place a Put option, however if you think that the value of oil will increase in value then you will need to place a Call option.
Canada's dollar typically tracks the value of oil, and crude prices have been weak lately.
The report extolls the value of the oil and gas sector to the Canadian economy, and adds that many environmentalists «claim» that climate change is the most serious global environmental threat, and «claim» it is a direct consequence of human activity and is «reportedly» linked to the use of fossil fuels.
World fund managers predict a fall in the value of oil companies.
The value of oil product subsidies in APEC (Asia - Pacific Economic Cooperation) countries fell by over 50 percent since 2010, with most of the decline due to pricing reforms rather than changes in international prices.
The Bank of England has also recognised that a collapse in the value of oil, gas and coal assets as nations tackle global warming is a potential systemic risk to the economy, with London being particularly at risk owing to its huge listings of coal.
Analysts say an effective deal to limit dangerous global warming would slash demand for fossil fuels and the value of oil companies.
Guest opinion by Steve Goreham World fund managers predict a fall in the value of oil companies.
The value of oil company stock, if Wall St. were rational, would drop precipitously.
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