Word: mobility
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Dates: during 2000-2009
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...company to pay $1.5 billion for environmental and health hazards it allegedly caused in the Niger Delta. But with Shell stock at about $7.30 a share in London , or just over 11 times its estimated earnings this year, and other Big Oil stocks such as BP and Exxon Mobil trading closer to 14 times earnings, that suggests: buy. "We can't help but think there is now limited downside risk," said Merrill Lynch analyst Mark Iannotti, while...
...barren steppe about the size of Western Europe was crippled with debt. Though desperately poor, Kazakhstan did have a wealth of oil and gas deposits that local firms had neither the technology nor the money to develop. Kazakhstan turned to Western companies for help, and firms like Chevron and Mobil moved in. When the Kashagan field was discovered in 2000, the government invited BG to form a consortium with Eni, Royal Dutch/ Shell, ExxonMobil, Total, Conoco-Phillips and Inpex of Japan to exploit it. That was no easy task. In winter, the shallow waters of this part of the Caspian...
...Sachs points out that the economies of Greece, Portugal and Spain expanded rapidly only after malaria was eradicated in those countries in the 1950s. In other words, fighting malaria is good for business--as many companies with overseas operations have long understood. By the end of this year, Exxon Mobil, which plans to expand activities in the sub-Saharan countries of Chad, Cameroon, Angola, Equatorial Guinea and Nigeria, hopes to triple its funding for antimalaria projects and research, from $2 million to $6 million. But the malaria problem is bigger than Exxon Mobil or even Bill and Melinda Gates. Government...
...ability to simply barge the opposition off the political playing field has shown. Far more worrying to Putin, however, were the oil tycoon's plans to build Russia's first oil pipeline independent of state control, and his efforts to sell a major share of his company to Exxon Mobil. States in which oil-production is a major source of export earnings tend to treat is a strategic industry, and Khodorkovsky's desire to make Yukos independent of Moscow's influence was intolerable to Putin and those around...
...INDICATORS Oil Under Fire U.S. lawyers filed suit against Royal Dutch/Shell after the Anglo-Dutch oil group slashed its proven reserves estimate by 20% last month. And a judge in Alaska ordered Exxon Mobil to pay $6.75 billion in damages for the 1989 Exxon Valdez oil spill...