National Oil Company definition

National Oil Company means the company established under the Petroleum (Exploration, Development and Production) Act, 2013;
National Oil Company means the Tanzania Petroleum Development Corporation as provided under section 8;
National Oil Company means Guinea Ecuatorial de Petroleos (GEPetrol), Empresa Nacional de Petróleos, which was established as the national oil company by Presidential Decree No. 9/2001 of February 7th and its amendments, or any other that may replace it.

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.


More Definitions of National Oil Company

National Oil Company means the State Company Saknavtobi or its successor legal entity.
National Oil Company means the Ghana National Petroleum Corporation and any other national oil or gas company that may be established by the government to participate directly in petroleum activities.
National Oil Company means the company which is majority owned by the Republic of Croatia and which is registered for the activity of Hydrocarbon Exploration and Production.
National Oil Company means Guinea Ecuatorial de Petroleos (GEPetrol), Empresa Nacional de Petróleos, which was established as the national oil company by Presidential Decree No. 9/2001 of February 7th 2001 and its amendments;
National Oil Company means the Tanzania Petroleum Development Corporation which is established under the Tanzania Petroleum Development (Establishment) Order and the abbreviations “NOC” shall be construed accordingly;

Related to National Oil Company

  • Natural gas company ’ means a person engaged in the transportation of natural gas in interstate commerce, or the sale in inter- state commerce of such gas for resale.

  • Transportation Company means any organization which provides its own or its leased vehicles for transportation or which provides freight forwarding or air express services.

  • Insurance holding company system means a group of two or more affiliated persons, at least one of whom is an insurer.

  • Public utility holding company means: (1) any company that,

  • Foreign Holding Company means any Subsidiary organized under the laws of the United States or a political subdivision thereof all or substantially all of the assets of which are comprised of Equity Interests in one or more CFCs.

  • Natural resources means land, fish, wildlife, biota, air, water, ground water, drinking water supplies, and other such resources belonging to, managed by, held in trust by, appertaining to, or otherwise controlled by the United States or the State.

  • Mutual holding company means that term as defined in section 10(o) of the home owners' loan act, chapter 64, titles III and IX of Public Law 101-73, 12 U.S.C. 1467a, and OTS regulations governing mutual holding companies.

  • Class II renewable energy means electric energy produced at a

  • Renewable energy means the grid quality electricity generated from renewable energy sources;

  • Bank Holding Company means a company registered as such with the Federal Reserve pursuant to 12 U.S.C. §1842 and the regulations of the Federal Reserve promulgated thereunder.

  • Asset Management Plan means a plan created by the department and approved by the state transportation commission or a plan created by a local road agency and approved by the local road agency's governing body that includes provisions for asset inventory, performance goals, risk of failure analysis, anticipated revenues and expenses, performance outcomes, and coordination with other infrastructure owners.

  • Real-time Energy Market means the purchase or sale of energy and payment of Transmission Congestion Charges for quantity deviations from the Day-ahead Energy Market in the Operating Day.

  • Class I renewable energy means electric energy produced from

  • Natural parent means a minor's biological or adoptive parent, and includes the minor's noncustodial parent.