Word: jointing
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...companies are piling in. In addition to the Conoco deal, Britain's BP is investing a whopping $7 billion in a joint venture that controls huge fields in western Siberia, and in September, France's Total agreed to pay $1 billion for a 25% stake in Novatek, Russia's largest private gas producer. Many other companies, including ChevronTexaco, PetroCanada and Norway's Statoil, are trying to get a foothold. All three recently signed preliminary agreements to work with state-controlled Gazprom, an oil-and-gas behemoth in which German power company E.On holds a 6% stake. And there is widespread...
Kristi “Gerby” K. Marks ’05, a joint concentrator in history of art and architecture and near eastern languages, said she was “absolutely shocked and surprised” to be elected...
...raise its stake in Lukoil--but only to a ceiling of 20%. That's less than the 25% it needs to be able to block strategic company decisions. BP, by contrast, whose contract was signed eight months before Khodorkovsky's arrest, has a 50% share in its Russian joint venture. (The company's Russian minority shareholders are howling because BP uses a complicated transfer-pricing method that allows the parent company, instead of subsidiaries, to book the lion's share of profits.) "That's a deal we won't see repeated," says Jonathan Stern of the Oxford Institute for Energy...
...experience of BP suggests that Yukos' success with modern production techniques wasn't a fluke. After a year of operations, BP recently gave the first detailed report about its joint venture, called TNK BP. The surprises are all good: it has revised the level of reserves upward, production growth is well above the expected 7% annual increase, and the firm has decided to double its capital spending to make more of the opportunities it is finding. In the Soviet era, BP officials explain, oil wells were developed in a cookie-cutter approach that didn't customize extraction techniques...
TONY BLAIR, Prime Minister of Britain, after President Bush was asked during a joint press conference at the White House last week if he thought of Blair as his poodle...