Sentences with phrase «with oil revenues»

But rather than lowering an existing tax, it relies on a so - called tax - and - dividend model: As the state of Alaska does with oil revenues, revenues from the Council's national carbon tax would be returned equally to all American households in quarterly «dividends» digitally deposited in Social Security accounts.

Under the NDC, GDP per capita has recorded a growth of 17 % (from $ 1,266 in 2008 to a projected $ 1,481 in 2016) with oil revenue.

Not exact matches

With headquarters in London and Houston, the combined company will have roughly $ 23 billion in annual revenue and offer oilfield gear including blowout preventers, pumps, drilling, chemicals, other products and services for oil producers in 120 countries.

General Electric on Monday completed its buyout of BakerHughes Inc, merging it with its own oil and gas equipment and services operations to create the world's second - largest oilfield service provider by revenue.

Also, notwithstanding a silly fiscal policy and the ongoing political impasse, the U.S. economy has some very good things going for it now, as even king of doom, Nouriel Roubini, couldn't help but note: the Fed is going to stick to its asset - buying regime for the foreseeable future, providing a monetary protein shake the recovery still very much needs; the housing rebound is well on its way, which is helping Americans rebuild their wealth and is boosting employment in many states with high jobless rates; and the shale oil and gas revolution continues to power investment, job creation and revenue growth.

In 2013, oil and gas accounted for 68 % of Russia's total exports, while duties on those exports, combined with taxes on mining, accounted for 50 % of the federal government's revenue.

Now, with billions in new revenues flowing out of these deposits, a growing number of oil - and - gas - field services firms have emerged with solutions to the problem of how to remediate the huge volumes of heavily polluted water that comes out of the ground.

CARACAS, April 27 - A grace period on Chinese loans to Venezuela has lapsed, according to two Venezuelan sources with knowledge of the matter, potentially depriving the cash - strapped OPEC nation of billions of dollars in desperately needed oil revenue this year.

Furthermore, it is relatively easy to come up with plausible scenarios where oil prices stay flat or even fall, usually involving some combination of a slowdown in China's economy and state - owned enterprises increasing oil production to make up lost revenue through increased volumes.

An oil company with international facilities, Marathon Oil couldn't maintain profitability in 2016, with a loss of $ 2.1 billion on revenue of $ 4.6 billioil company with international facilities, Marathon Oil couldn't maintain profitability in 2016, with a loss of $ 2.1 billion on revenue of $ 4.6 billiOil couldn't maintain profitability in 2016, with a loss of $ 2.1 billion on revenue of $ 4.6 billion.

The state's oil production grew tenfold over the past decade as it built a thriving oil shale industry virtually from scratch, driving unemployment to a national low and filling government coffers with surging tax revenue.

With the collapse of global oil prices, the largest recyclers like Waste Management have reported sharp drops in recycling revenue and stagnated recycling rates across the country.

Since July, oil prices have fallen significantly, and with them the revenue earned or expected from oil sands projects, present and future.

NGL Energy Partners (ngl) padded revenue during that year with a series of acquisitions that greatly expanded its oil storage and transportation capacity.

He was speaking following a meeting with Saudi deputy crown prince Mohammed bin Salman, who is visiting the United States to promote a reform plan to wean the kingdom away from oil revenue.

These risks include, in no particular order, the following: the trends toward more high - definition, on - demand and anytime, anywhere video will not continue to develop at its current pace or will expire; the possibility that our products will not generate sales that are commensurate with our expectations or that our cost of revenue or operating expenses may exceed our expectations; the mix of products and services sold in various geographies and the effect it has on gross margins; delays or decreases in capital spending in the cable, satellite, telco, broadcast and media industries; customer concentration and consolidation; the impact of general economic conditions on our sales and operations; our ability to develop new and enhanced products in a timely manner and market acceptance of our new or existing products; losses of one or more key customers; risks associated with our international operations; exchange rate fluctuations of the currencies in which we conduct business; risks associated with our CableOS ™ and VOS ™ product solutions; dependence on market acceptance of various types of broadband services, on the adoption of new broadband technologies and on broadband industry trends; inventory management; the lack of timely availability of parts or raw materials necessary to produce our products; the impact of increases in the prices of raw materials and oil; the effect of competition, on both revenue and gross margins; difficulties associated with rapid technological changes in our markets; risks associated with unpredictable sales cycles; our dependence on contract manufacturers and sole or limited source suppliers; and the effect on our business of natural disasters.

That would have essentially taken control of Russian oil out of the national patrimony, and probably left it with little sales and export revenue after Exxon's accountants had done the usual creative tax strategies using flags of convenience and offshore banking centers to leave no reported taxable earnings.

Provincial outlooks becoming more balanced in 2017 RBC expects the economies of Alberta, Saskatchewan, and Newfoundland and Labrador to contract further this year as the oil - producing provinces continue to struggle with low revenues and private sector restraint.

TULSA, Okla. --(BUSINESS WIRE)-- Oil and NGL sales accounted for 96 percent of WPX Energy's (NYSE: WPX) first - quarter 2018 total product revenue of $ 407 million following the divestitures of its San Juan Basin assets, concluding with the sale of its Gallup holdings in March.

Banks» revenue from both metals and oil is expected to increase this year as prices and volatility increase, Shahani said, with overall commodities - related revenue seen rising by around 10 percent.

Either way this would provide him with more revenues than simply assuming the existing price of oil, which is what the Department of Finance has done in the past.

But only Norway — with with its huge oil and gas revenues — was able to convert this into higher income per capita than in the United States.

Oil and gas - focused industrial stocks like Dover Corp (NYSE: DOV) have seen an uptick in prospects in 2017 with the recovery in energy capital spending, and Dover has raised organic revenue guidance in its three other operating segments.

Being in the enviable position of having its debt completely paid, and with record prices for oil fueling government revenues, the province found itself in a unique position: namely, where should revenues be spent?

Energy companies, which have had to contend with falling oil prices, delivered more than 7 % EPS growth on a 3.5 % decline in revenues.

Their oil revenue dropped along with the dollar.

A year ago, then Finance Minister Doug Horner, looking ever so slightly pleased with himself, presented the first - quarter fiscal update for 2014 - 15 with its higher than expected oil revenues and a pro...

With the collapse in crude prices, lower oil revenues are hitting Alaska hard.

Experts warn that the Canadian dollar will remain weak over the coming months, with oil prices going down and revenues falling.

Even though they are not exporting as much oil as they were a couple of years ago, their oil revenues are rapidly recovering to the point they can get along with smaller exports.

Revenue and tax reform was a big issue before and during the recent election, with Mr. Prentice and the opposition argued over how best to remove Alberta from the oil revenue roller cRevenue and tax reform was a big issue before and during the recent election, with Mr. Prentice and the opposition argued over how best to remove Alberta from the oil revenue roller crevenue roller coaster.

By ensuring Canadian oil has access to tidewater, the Trans Mountain Expansion Project will extend Canada's reach into new markets with customers who pay higher prices, generate thousands of high - paying jobs, and create billions of dollars in government revenue for both the country and British Columbia.

By ensuring Canadian oil has access to tidewater, the TMEP will extend Canada's reach into new markets with customers who pay higher prices, generate thousands of high - paying jobs, and create billions of dollars in government revenue for both the country and British Columbia.

According to the Fortune 500 Ranking, Sinopec ranks 4th among global oil companies by revenue, following Shell (which is in partnership with SaudiAramco, a Saudi SOE) ExxonMobil and BP (formerly state owned), and ahead of China National Oil Company, Chevron, Conoco Phillips, Total (formerly state owned) and Gazprom (effectively state owneoil companies by revenue, following Shell (which is in partnership with SaudiAramco, a Saudi SOE) ExxonMobil and BP (formerly state owned), and ahead of China National Oil Company, Chevron, Conoco Phillips, Total (formerly state owned) and Gazprom (effectively state owneOil Company, Chevron, Conoco Phillips, Total (formerly state owned) and Gazprom (effectively state owned).

This company operates internationally as an «integrated» oil and natural gas company, although in reality, its exploration and production operations merely supplement its revenue stream with 16 % of total 2012 sales, leaving the lion's share attributable to its U.S. and U.K. - based downstream business.

«When we are faced with investors from Qatar, which generates huge revenues through gas and oil production, we can't fight against that.

«The loss of significant offshore oil and gas tax revenues as the North Sea runs down will have a big impact on our economy, jobs and balance of payments, with significant increases in household energy bills — and a very adverse impact on the legacy for future generations in an independent Scotland,» he told EnergyVoice.com.

Due to the volatility of prices and production, coupled with the terminal decline in output to begin by 2025, the Bank was of the view that managing anticipated surge in oil revenue will be challenging and so advised moderation in government's forecasting of revenues from the sector.

And ever since being spread out into the world with the help of Saudi's huge oil revenue.

This situation contrasts with that of Tunisia or Egypt, notably due to politics of large redistribution of riches gained from oil revenues, but also due to the people's fear of a return to a decade of stagnation.

Nigerian government now seeks a court order compelling the two companies to pay into the Federal government of Nigeria account with the Central Bank of Nigeria, the sum of USD 406,751,070 being the total value of the missing revenue from the shortfall / undeclared / under - declared crude oil shipments of the country, made by the companies to United States of America.

According to him «If past administrations invested heavily in the ICT sector, the country would by now be earning more revenue from the sector than oil, with solid hopes of prosperity for the people.»

An independent Scotland would face the choice of cutting those services, or raising other taxes to higher than UK levels, so as to be able to put the oil revenue into a long - term savings fund, or spending it to support services now, and face that choice later when the oil runs out, but with no cushion of money in the bank.

With declining oil revenue, Scotland would be worse off by # 1,000 per head, or three per cent of GDP, between 2014/15 and 2018/19.

The APF continues to rise with yearly deposits from oil revenue, and it goes up and down with the financial markets.

The consortium of experts was able to track the global movements of the country's hydro - carbons including crude oil and gas with the main purposes of identifying the companies engaged in the practices that led to missing revenues from crude oil and gas exports sales to different parts of the world.

With oil prices climbing to above $ 100 / barrel, the Arab Peninsula is currently generating export oil revenues of $ 1 trillion dollars a year.

With a projected revenue of N3.86 trillion in the face of dwindling crude oil receipts, government estimates that oil revenues contribute N820 billion of the total revenue; non-oil revenues, comprising Company Income Tax, CIT, Value Added Tax, VAT, Customs and Excise duties, and Federation Account levies, are expected to contribute N1.45 trillion; while independent revenues are expected to contribute N1.51 trillion through the enforcement of the Fiscal Responsibility Act, 2007 and public expenditure reforms in all MDAs.

Government lawyer, Professor Fabian Ajogwu accused the Anglo - Dutch company of not declaring or under - declaring crude oil shipments during the period, following forensic analysis of bills of lading and shipping documents, Ajogwu, armed with sworn affidavits of three United States of America based professionals, claimed that Shell cheated Nigeria of the revenue.

North Sea oil revenues to the tune of # 100bn allowed her to slow but not reverse her party's decline — every election from 1979 to 1992 was won with a lower share of the vote than the previous one.