This unit also includes the buying, selling and transporting of crude oil and petroleum products.
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The EU said the sanctions prohibit the import, purchase and transport of Iranian crude oil and petroleum products as well as related finance and insurance.
Growth in U.S. real imports slowed to about 3 percent in 2006, in part reflecting a drop in real terms in imports of crude oil and petroleum products.
This will come as a surprise to many, but in the past four years U.S. oil and petroleum exports have reached four consecutive record highs--at least since the early '80s.
There currently appears to be sufficient supply of non-Iranian oil to permit foreign countries to significantly reduce their import of Iranian oil, taking into account current estimates of demand, increased production by countries other than Iran, inventories of crude oil and petroleum products, and available strategic petroleum reserves.
There are a bevy of big publicly traded oil and gas companies looking for CEOs including Marathon Oil and Occidental Petroleum, Bill Barrett and Encana.
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Rising worldwide demand for energy at prices that sustain investment has resulted in higher sales of engines used in oil drilling and petroleum applications.
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Place a tariff on imported crude oil and finished petroleum products.
Potential oily takeover targets include Tullow Oil and Anadarko Petroleum.
Aberdeen-based oil and gas firm Faroe Petroleum has cut its losses and has increased the amount of oil it expects to produce this year.
Oil and gas firm Faroe Petroleum has bowed to pressure from shareholders and shelved a proposed new management bonus scheme.
In February, the heads of China's three state-controlled oil and gas majors -- China National Petroleum Corp (CNPC), Sinopec and China National Offshore Oil Corp (CNOOC) -- met one of Russia's most influential players in the energy sector, Igor Sechin, chief executive of state-owned oil company Rosneft.
It has set up a rapid response team to counter publicity for the film by using two Washington-based groups that lobby for gas and oil companies: the Independent Petroleum Association of America and Energy in Depth.
Oil and gas firm Faroe Petroleum has described 2011 as a "truly exceptional year of success".
Oil and gas firm Dana Petroleum has reported "strong results" from a gas appraisal well in the southern North Sea.
In addition, Chavez plans to give the Belarusian state oil firm concessions to exploit oil fields and sell the petroleum to the United States.
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Specifically, Icahn cited widening crack spreads, or the difference between crude oil prices and the price petroleum products that come from refining the crude.
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Royal Dutch Shell, Europe's largest oil company, and Qatar Petroleum have partnered in new Qatar-based projects that will ramp up natural gas production more than 1 million barrels per day by 2030.
Oil majors like ExxonMobil and Shell Petroleum come up with little incremental reserve despite escalating spending for drilling and exploration.
But if American energy producers are able to tap into even a fraction of this supply, our domestic energy production could well outstrip that of Saudi Arabia, which is currently the largest oil producer and exporter of total petroleum liquids in the world with a reserve base estimated around 260 billion barrels.
Despite its huge oil and gas reserves, Iran still cannot refine enough petroleum products for domestic demand and depends on imports for 30-40% of its petrol needs.
Allow early payment of Winter Fuel Allowance to pensioners whose homes are not connected to the mains grid, and instead use oil, liquid petroleum gas or propane gas for heating.
Hess Corporation, is a global integrated energy company engaged in the exploration for and the production, purchase, transportation and sale of crude oil and natural gas, as well as the production and sale of refined petroleum products, electricity.
The U.S. and China each import one-half of their oil requirements, and together account for 35 percent of global petroleum consumption.
Ivanhoe Energy, run by former Occidental Petroleum executives, produces oil and gas in places like China and California.
It shows only a very superficial understanding of Latin America politics, petroleum policies and current oil business developments.
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Many of the world's biggest private oil firms, such as British Petroleum and America's Mobil, rely heavily on large but maturing fields, and are desperate to replenish their reserves.
The US sanctions aim to stop international companies from investing in Iran's oil and gas industries or supplying it with petroleum products by preventing them from trading in the US if they trade with Iran.
The Times report describes a letter recently sent by a coalition of funds to the following foreign oil companies doing business in Iran: Royal Dutch Shell, Total of France, Repsol of Spain, Eni of Italy, Gazprom of Russia, the China National Petroleum Corporation, the Oil and Natural Gas Corporation of India and Inpex Corporation of Japan.
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And the answer is a really dirty petroleum-based molecule, because the oil industry is getting dirtier and dirtier on the margins.
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