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Negative gearing is a form of financial leverage whereby an investor borrows money to acquire an income-producing investment and the gross income generated by the investment (at least in the short term) is less than the cost of owning and managing the investment, including depreciation and interest charged on the loan (but excluding capital repayments).
To allow oil-exporting countries increased flexibility in their production quotas, there has been a progressive movement towards forward commercial storage agreements. These agreements allow petroleum to be stored within an oil-importing country. However, the reserves are technically under the control of the oil-exporting country.
April 7–15: Preliminary meeting at Paris on world economic crisis between oil-exporting (Algeria, Saudi Arabia, Iran, Venezuela), oil-importing (European countries, U.S., Japan), and non-oil Third World countries (India, Brazil, Zaire). Talks collapse after nations fail to decide whether agenda should focus on oil/energy issues or have a ...
Oil Market Report. First published in 1983, the monthly Oil Market Report analyses the global oil market, providing data and forecasts aimed for an audience of industry, financial, and government officials as well as an academic and NGO audience. Country specific analysis on trade and production tracks both OECD and non-OECD states. [61]
The nationalization of oil supplies refers to the process of confiscation of oil production operations and their property, generally for the purpose of obtaining more revenue from oil for the governments of oil-producing countries. This process, which should not be confused with restrictions on crude oil exports, represents a significant ...
Iranian oil minister Javad Owji said if U.S.-led sanctions on Iran's oil and gas industry are lifted, Iran will have every capability to tackle the global energy crisis. [63] [64] The Biden administration was pressed on potential oil deals with Saudi Arabia, Venezuela, and Iran that would have them increase their oil production. [65]
In 2005, the effort was renamed JODI, joined by the International Energy Forum (IEF), and covered more than 90% of the global oil market. The Gas Exporting Countries Forum (GECF) joined as an eighth partner in 2014, enabling JODI also to cover nearly 90% of the global market for natural gas. [1]
A commercial entity, the contractor company, is being engaged to extract petroleum according to some contract. The countries using this type of systems, often have their state-owned oil company to represent the interests of the state. As of concessionary systems, more than one oil company can make partnerships in the license.