Of all the problems to face in the oil and gas business, this is the one you want.
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Those in the oil and gas business clearly believe this is the kind of game changer that America needs.
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Harold Hamm, 65, and Aubrey McClendon, 51, are two billionaires who made their fortunes in the oil and gas business.
What's more, the Mexican constitution prevents Pemex from opening up the oil and gas business to the private sector.
While the company paints a bright outlook going forward on the back of its newly acquired oil and gas business, we have certain reservations.
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And my contrarian point of view there was that Exxon management knew more about the oil and gas business than Wall Street analysts did.
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In the oil and gas business, that means pipeline MLPs and possibly one company that has demonstrated utter consistency through good times and bad: ExxonMobil.
Ms. Parker spent almost two decades in the oil and gas business, working for former U.S. Commerce Secretary and Republican Robert Mosbacher's energy company, Mosbacher Energy.
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Maersk also benefits from a relatively strong balance sheet and its makeup as a conglomerate with a large oil and gas business that brings in comparatively stable earnings.
Arguably, the biggest surprise in this news is the desire of a copper and gold miner such as Freeport-McMoRan to become heavily involved in the oil and gas business.
See, the oil and gas business in North America is not some monolithic, juggernautish exercise in capitalism but rather a highly competitive market where inefficiencies, and therefore, opportunities, still abound.
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Writing off the costs each year would substantially boost their after-tax income and increase the attractiveness of contingency-fee cases as an investment, much as tax writeoffs on drilling expenses dramatically increase the odds of financial success in the oil and gas business.
If local authorities do things like make sure roads are maintained, help workers get training so that they can join the oil and gas business if they want to, and protect people on pensions who often struggle with rising living costs in boom towns, everyone can win.
Ibrahim Ajami, the CEO of ATIC, told me that government and business leaders had identified semiconductors as a core business to compete, part of a long-range 2030 plan to transition the economy from oil and gas business to high technology and to build its own chip foundries.
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Back in 2008 he turned down months of interview requests before agreeing to sit down with Forbes for this story ("The Crossing") on his oil and gas business, and this one ("A Wildcatter in Love With Warbirds") on his passion for collecting vintage World War II fighter planes.
His faculty appointment followed a 31-year career at Mobil Oil where he was Vice-President of the U.S. oil and natural gas business, and then Vice-President of oil and natural gas in Europe, the Middle East and Australia.
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The oil and gas upstream business can give potentially much higher returns than copper mining.
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Three incidents Santa Barbara (1969), Exxon Valdez (1989), and the Deepwater Horizon (2010) illustrate the oil and natural gas business is not risk-free.
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Analysts, though, point to strong profit growth from Genting's palm oil plantations and oil-and-gas-production business.
Mukesh, 54, whose core business is oil and gas and 82 year-old Biki who lives and breathes his hotels business, may seem oddly matched.
Until recently, the demand for global hotel brands and good air links mainly came from overseas business travellers, mainly Chinese and Europeans, and the business and leisure sector afforded by domestic oil and gas wealth.
The company provides specialty products to the oil and gas industry through its four business units: well-site services, tubular services, offshore, and accommodations.
Guiseppe Recche, the chairman of Eni, the Italian multinational oil and gas company, said his business continues to struggle in its European market.
Luigi Forino, the president of MCC Holding Group, a company that specialises in the business of oil and gas marketing facilitation.
He proposes further tax increases on banks, oil and gas, and still other tax increases on business.
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But oil and gas is a huge chunk of the extraction business, and the percentage depletion rules are more favorable for fossil fuels than for other things you might extract.
With India now producing cars and Israel developing its own natural gas and shale oil fields, it is the job of the government and business leaders to make the Europeans think long and hard about how willing they will be to alienate our consumers and businesses.
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The Business Insider calculations are that oil and gas provides 51% of the top 500's total profits and 14% of turnover.
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