Sentences with phrase «which oil majors»

This cleared the way for the creation of an oil zone held equally by each country, in which oil majors could be granted rights.

Not exact matches

A flexible approach to business and staying true to its values have been the keys to the success of Bhagwan Marine, which has become a major service provider to the offshore oil & gas sector.

They point to recent examples, in which Woodside announced a major project to extract oil from mallee trees and produce electricity, in a venture that appears greener than an Irishman's heart.

The financial crisis slammed oil prices, but you can see from the graph that there was also a major break in the pricing relationships which had held so tightly up to then.

But companies are still feeling the pinch of the massive glut of oil worldwide, which has brought down markets and remains a major policy discussion among international producers.

Major energy companies are called «Big Oil» for a reason, as the vast majority of their profits comes from the upstream divisions, which explore and produce oOil» for a reason, as the vast majority of their profits comes from the upstream divisions, which explore and produce oiloil.

AZERBAIJAN: Azerbaijan's major oil reserves and decade - long economic boom make it an attractive potential partner for the EU, which needs to diversify its energy sources away from a heavy dependence on Russian gas.

That could cut off a major supply of oil while potentially handing the region's balance of power to Iran, which could end up in control of the routes used by 40 % of the world's seaborne oil.

The main price driver has been an OPEC - led supply cut from major oil - producing group OPEC, which started to withhold output in January last year.

The U.S. major confirmed the arrests, which are believed to be the first to affect a foreign oil company's direct employees.

Riley was working in Houston for a major oil and gas company, putting in 10 - hour days and a three - hour commute, which kept her from spending time with her young son.

Representing one of its first major overseas acquisitions, the company's wholly - owned subsidiary, Woodside Energy (USA) Inc. reached agreement with the Marathon Oil Company — part of the USX - Marathon Group which is a unit of the USX Corporation in Pittsburgh — for the acquisition of interests in a number of deep water exploration acreage blocks in the Gulf.

Although the oil and gas industry is a major target of Western sanctions, financial strains have been partially alleviated by reducing capital expenditure and rouble devaluation, which cut operating costs by around 30 %.

As of the early morning on August 18, the Stoxx Europe 600 Oil & Gas index — which includes Europe's majors Shell, BP, Total, Statoil, and Eni, among others — was down 11.94 percent year to date.

In the event of an accident, Kinder Morgan has pledged to do no more than comply with federal laws, which stipulate that operators of a major oil pipeline in this country must have a minimum of $ 1 billion in financial resources available to cover liabilities related to a land spill.

At present, almost all Canadian exports of oil and gas go to the U.S., which is becoming once again a major producer in its own right, and a potential competitor for offshore markets.

The major producers of crude oil had an abundance of dollars, which was recycled back into the system to purchase dollar - denominated assets.

When the U.S. payments deficit pumps dollars into foreign economies, these banks are being given little option except to buy U.S. Treasury bills and bonds which the Treasury spends on financing an enormous, hostile military build - up to encircle the major dollar - recyclers China, Japan and Arab OPEC oil producers.

Over a year which has seen large banks halt funding for fossil fuel projects, major institutions divest from oil, gas and coal holdings, and oil companies snap up power and renewables companies in a bid to diversify their asset base, research published today by the UK Sustainable Investment and Finance Association (UKSIF) and the Climate Change Collaboration suggests nervousness over climate risk has shot up in financial circles.

This significant downward revision to growth in 2013 will have a major impact on government revenues, which will be only worsened by the fall in oil and gas prices over the last 12 months.

The Bakken oil deposits, which are often drilled through hydrofracking, have become a major source of oil for the railroads to move because the deposits lack direct pipeline links.

It was just the latest in a string of major setbacks for tar sands oil, which has become nearly as bad for corporate profits as it is for the environment.

All major gas and oil companies were measured with YouGov BrandIndex's Buzz score, which asks respondents: «If you've heard anything about the brand in the last two weeks, through advertising, news or word of mouth, was it positive or negative?»

We rely on a single customer for all our oil and gas exports, the United States, which appears to be an increasingly unreliable future buyer and which may even emerge as one of Canada's major competitors for export markets.

Houston experienced a major housing boom in the years leading up to the oil downturn, which began in late 2014.

National Bank also highlighted that major maintenance initiatives are planned at Syncrude Canada Ltd., Canadian Natural Resources Ltd.'s Athabasca oil sands project and Suncor Energy Inc.'s base plant — which cumulatively could reduce industry oil output by 650,000 barrels per day in the coming months, easing some of the stress on full pipeline networks.

Iraq's Deputy Prime Minister for Energy Hussain al - Shahristani said in a televised interview late on Wednesday that the Kurds had agreed to export through SOMO, which would have removed a major sticking point between them over oil exports.

While the oil and gas sector, which comprised 24 % of all Canadian exports in 2015, has been hit hard, most other exporting industries experienced major gains in 2015, which are expected to translate into further increases to Canadian exports overall.

However, Major General Manuel Quevedo has only accelerated the decline of PDVSA, which once held a reputation as one of the better managed state - owned oil companies in the world.

The loss mirrored those of other major oil companies, including Royal Dutch Shell Plc, which reported a third - quarter net loss of $ 7.42 billion Thursday, the most in more than a decade.

The vast majority of the OPEC members were cheating on their production quotas, which caused a major oversupply problem in the world oil market.

But in a major shift away from the previous Saudi - led policy of maintaining production to squeeze high - cost US shale - oil producers, OPEC countries agreed to target a lower level of 32.5 — 33.0 million barrels a day, although there was some skepticism about the absence of details on which members would curb output and by how much, which were delayed until the next meeting in November.

we would self sustain ourselves... they have been the prime reason fr th recession due to higher oil prices to indirectly stage war against america and the rest of the world... cowards... if ther was no oil... the time has come for the next era... we are not far away from that day... the world is changing... science is developing in exponential way... new species are still being found... ther is always a progress... and these extremists are travelling to the end of the road... which will form the next journey fr the major part of the other world... no oil... no islamist would be heeded anymore... those people ll crumble very soon

(i) Unable to restore the power in a few states for more than 10 + days, since a tornado passed by it (ii) Unable to restore power for 7 + days in a snowy North Eastern state, since a hurricane passed by it (iii) Having no quality in science, math and technology; depending on «imports» to uplift them (or depending on Jesus to save them)(iv) Horrible crime in downtown, ghettos of any major city (v) Unemployment of 23 % (vi) Having a president who believes that the earth is 6000 years old (vii) Having a presidential candidate which believes in subjugating women (viii) Having more than 50 % of its 2012 graduates un / under - employed (ix) No public transport, resulting in hell on earth even for a small rise in crude - oil prices (x) A crappy health care system (xi) A debt of 14Trillion, which corresponds to 50K per US resident.

The best part, though, is that coconut oil can relieve constipation, which can be a major problem for some people when they are starting out.

Cooked with palm oil which is a major source of its flavour, the palm oil is bleached to a pale golden hue.

The report closely coincides with another recently released Greenpeace report, which accuses eight major food brands of keeping quiet over the origins of their palm oil.

Australia's petrol station sector is set for another major shake - up with plans emerging for a potential $ 2 billion - plus IPO of Viva Energy, which acquired Shell's oil refining and marketing business in 2014.

«We are set to unveil the world's largest refinery which will make Nigeria self - sufficient in petroleum products refining and also become a major exporter of oil.This project will mark a turning point in Nigeria's search for local refining of crude oil.

Chatham House - which seeks to promote the understanding of major international issues and current affairs - finds investment in new supplies of oil has been and will be inadequate.

A loan to the UK is affected by an uprising in Syria and fracking in the US - Syria could involve a major expense if the UK becomes militarily involved, US fracking is reducing demand for petroleum, which is good for the UK economy, but bad for that part of the UK that extracts and sells oil.

«The mere selling of contaminated oil matter to motorists, the mere admission of the regulator, the NPA to the extent that they were unaware and they had not licensed a particular entity also raises major issues as to which entity, registered or not registered that the state should be dealing with.

The all - inclusive committee, which is to be headed by the first governor of Bayelsa State, Chief D.S.P Alamieyeseigha, our correspondent learnt, would be inaugurated today (Friday), barring any unforeseen contingency, with the mandate to harmonise all warring factions within the major stakeholders of the PDP in the oil - rich state.

Oil giant Exxon Mobile was second in lobbying last year, spending $ 2.1 million, followed closely by Major League Soccer, which spent just $ 5,000 less.

One could frame the debate in the advantages of using less fossil fuel, which range from lower costs to people (an all electric car has operating costs about 1/4 that of a gasoline vehicle), to balance of payments (less capital flowing out of the country, especially relevant to countries who import most of their oil), to terrorism (not funding it, and western influence leaving the ME, which is the basis of most ME terrorist organizations) to conflict in general (most of the major conflicts in the last 30 years have involved ME oil), to finite supply (when we run out, we'll be facing a global economic meltdown).

The activities of the Niger Delta Avengers which have taken an upward trend recently have however been a major source of concern to the country as oil companies had resorted to declaring a force majeure on their operations in the region.

The Tema Chemu Lagoon has served as an industrial sink through which almost all the major industries including textiles, oil industries among other companies channel their waste into the sea over the years.

The EPA says Global Companies LLC, which operates a major crude oil ship - loading terminal at the Port of Albany, has run afoul of federal air pollution standards and has been emitting more ozone - producing compounds than they say they are.

«So he is discussing with some oil companies and looking for some innovative financing which might pick up some of the financing so that we reduce our financial output and contribution by the Federal Government, that will be a major saving which can be used to plug the gap particularly with falling oil prices.

Remember that oil independence from Middle East is a major GOP platform plank, and if Google invents some alternative energy technology which weans US off of ME oil, a vast majority of Republicans will be happy as clams.