Examples of National Oil Company in a sentence
This arrangement significantly increased oil revenues, which accrued to the government, allowing Qasim to announce the establishment of the Iraq National Oil Company (INOC) in order to exploit newly discovered fields (Farouk-Sluglett and Sluglett 1987, 78–79).
I congratulate CNOOC Uganda Limited on behalf of the Petroleum Authority of Uganda, and through CNOOC congratulate its Joint Venture Partners, TotalEnergies EP Uganda B.V, and the Uganda National Oil Company for achieving today’s milestone in the journey towards the production of first oil in Uganda.
OCI also announced the sale of its 50% stake in Fertiglobe (ADX: FERTIGLB) to Abu Dhabi National Oil Company P.J.S.C. (“ADNOC”) in December for a total consideration of $3.62 billion, fully exiting and monetizing its entire equity stake.
First commercial oil explorations were conducted between 1970 and 1984 by SHELL, TEXACO and the Japan National Oil Company (Kadima et al.
Blocks 8 and 9 were acquired from the National Oil Company of Liberia in 2004 as a part of an international bidding round.
Rafidain Bank issued 16 17 500 million dollars of loans and the Iraq National Oil Company issued 120 million.
And, as mentioned in The Case for Transparency in National Oil Company Crude Sales, the government of Angola could not account for $32 billion over 2007–2010, funds earned by Sonangol that never appeared on the Finance Ministry’s ledgers.
The loans are being repaid via discounts on electricity purchases, which will accelerate upon completion of the refurbishment programme.Chad State National Oil CompanyGlencore has provided a net $398 million (2016: $418 million) to the Chad State National Oil Company (“SHT”) to be repaid through future oil deliveries over seven years.
As argued in the Revenue Watch brief The Case for Transparency in National Oil Company Crude Sales, transparency is a practical tool not only to generate accountability gains, but also to bring about the good governance practices identified above.
To this end, the precise estimates and efficient operation of overall grid are necessary such as: more deliberate demand-supply estimates; more proper project implementation ability on the part of PLN; and more efficient power supply operations in managing and operating the overall Java-Bali grid.18 Pertamina: Indonesia National Oil Company.