Word: exxonmobils
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Dates: during 2000-2009
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...Russia's Far East was never going to be easy, but a political chill has put some of the world's biggest energy projects in an unexpected deep freeze. In the decade since they [an error occurred while processing this directive] negotiated separate drilling agreements with Russian authorities, ExxonMobil and Royal Dutch Shell have gone way over budget and incurred the wrath of leading environmental groups. But last week, the two oil majors faced their biggest challenge so far: a Kremlin backlash that could hold up or even potentially derail their plans. Moscow revoked a key environmental license for Shell...
Freeman is carrying a little more cash than usual and shying away from bonds. But he is staying with one of the hottest sectors in recent years: energy (Apache, ExxonMobil), which he sees as a hedge against Middle East tensions. It may also be the least expensive...
...Downriver, it's easy to see the cause of this deadly hostility. Since the 1950s, when oil was first found in recoverable quantities, the Delta and the waters off Nigeria's coast in the Gulf of Guinea have made the country and oil majors such as Chevron, Agip, ExxonMobil and Shell hundreds of billions of dollars. Nigeria currently earns more than $3 billion a month from oil - which accounts for some 95% of its export earnings and 40% of its gdp. But the vast majority of the people of the Delta still live in severe and visible poverty...
...nuclear policy and Venezuela's anticapitalism is actually making those countries richer and their rulers more popular by driving up the price of oil, a commodity they possess much of. In Venezuela the self-proclaimed Bolivarian revolutionary Chávez has taken state control of some oil fields and threatened ExxonMobil and other oil companies with raising royalty payments and lowering their partnership interests...
...guys that is pro-business, antitax and antigovernment meddling was talking loudly about greedy petro-executives, IRS audits of oil-company tax returns and withdrawing $2 billion in industry-specific tax breaks over 10 years. That's about a month's worth of profits for ExxonMobil, which announced quarterly earnings of $8.4 billion. "Listen, we've got people like this that are working for a living, who are paying higher prices for their gasoline--it's like a tax," said President George Bush, standing next to local resident Michael Wade at Fayard's service station in Biloxi, Miss., where...