Question-and-Answer SessionOperator Thank you. [Operator Instructions]. And your first question comes from the line of Ole Slorer from Morgan Stanley. Ole Slorer - Morgan Stanley Thank you very much. I wonder if we can have some clarifications on some of the pricing trends. I mean if...
*** Paper WTI, Which At One Time Last Week Fell Below $60/barrel, May Decline To The $40s Or To Lower Levels In The Second Quarter Of 2009, With US Demand After The Winter To Be Way Under Spring 2008 Figures *** Part Of What Is Alarming Riyadh Is...
'Adel al-Tubayyeb, Saudi Aramco's vice-president for marketing, supply and joint venture co-ordination, is promoting a hub at Ras Tanura for trading in petroleum products. He argues that crude oil prices in the region would no longer have to be calculated as a netback - linking the price of the crude...
HOUSTON -- The Saudi Arabian Oil Company Saudi Aramco and ConocoPhillips (NYSE:COP) have agreed to halt the bidding process associated with the construction of the planned 400,000 barrel-per-day export refinery at the Yanbu Industrial City, in the Kingdom of Saudi Arabia, citing uncertainties in the financial and contracting markets. The...
Franklin Mining, Inc. (PINKSHEETS: FMNJ)(FRANKFURT: FMJ) Chairman and CEO William A. Petty is pleased to announcethat E-MetaVenture, Inc. has joined Franklin in the capacity of advisor ontechnical and commercial matters as related to GTL, CTL, and other relatedgas processing technologies. "E-MetaVenture, Inc, Houston, Texas provides independent consulting,design, and training services...
Researched by Industrial Info Resources (SugarLand, Texas) -- China Petroleum and Chemical Corporation (NYSE:SNP)Sinopec Beijing is nearing completion of a refinery and ethanol projectin Fujian province and will begin running it early next spring. Sinopecsaid in a news release that its Fujian branch has finished about 92% of theconstruction. The...
HOUSTON, Oct. 13 /PRNewswire/ -- Ron Andrews, former Manager Rhine Supply for Shell's European downstream business, has been named President of Houston- based Shell Trading US Company and Vice President, Operations for Shell International Trading and Shipping Company Limited. Andrews replaces Bob Pease, who recently was named President...
CHICAGO -- Zacks Equity Research highlights ConocoPhillips (NYSE: COP) as the Bull of the Day and Marriott International (NYSE: MAR) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Sanofi-Aventis ADR (NYSE: SNY), SRS Labs, Inc. (Nasdaq: SRSL) and Highwoods Properties (NYSE: HIW). ...
HOUSTON, Oct. 1 /PRNewswire/ -- Bob Pease, former President of Shell Trading US Company, has been named President and CEO of Motiva Enterprises LLC, a refining and marketing joint venture owned by affiliates of Shell and Saudi Aramco. He replaces Bill Welte, who will retire November 1. ...
Project costs have risen sharply since 2002, in some cases five-fold between 2002-06. Since early 2007 they have doubled. As a result, some projects are being postponed, and economics are being distorted by rising costs and shortages. Even Saudi Aramco or state-owned Qatar Petroleum QP do not dare...
WILLISTON, N.D. -- Western Standard Energy Corp., (OTCBB:WSEG), an independent oil and gas exploration company is pleased to announce the appointment of Mr. Tim Turner as Vice-President, Land. Mr. Turner has a distinguished career spanning over 28 years in upstream oil and gas and business consulting services, working in Texas,...
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/30d35d/11th_international) has announced the addition of the "11th International PNEC Data and Information Management Conference Proceedings 2007 - Amsterdam" report to their offering. 11th International PNEC Data and Information Management Conference Proceedings - Amsterdam: April 2007 The first EU PNEC...
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/db22c9/smi_data_and_infor) has announced the addition of the "SMi Data and Information Management Conference Proceedings - London" report to their offering. SMi Data and Information Management Conference Proceedings - London: January, 2008 A Paras/OMV presentation offered a blow by blow account...
CINCINNATI, Aug. 21 /PRNewswire/ -- Mr. Steven V. Cleaves, has been appointed Chief Financial Officer for the Lima Energy Company which is building an ultra clean high tech BTU Conversion facility in Lima, OH. Mr. Cleaves has had a 25 year career with Saudi Aramco including a series of...
CLEARWATER, Fla. -- BlastGard International, Inc. (OTCBB:BLGA), a leading provider of proprietary blast mitigation materials, is pleased to announce that the first complete BlastGard Barrier System ("BBS") has been constructed for demonstration purposes and initial reaction from the Middle Eastern market has been very exciting. We have a number of...
BusinessWeek has said Saudi Aramco's long-term sustainable crude oil output capacity will be 10.4m b/d after 2010, far below its projected 12.5m b/d level by end-2009. This has alarmed traders in paper oil at NYMEX in New York and ICE in London. Saudi Aramco is producing 9.7m b/d...
Few entryways illustrate the owner's wide-ranging mind like the lobby greeting guests to Tektive. Below the 1804 multi-volume edition of Life of Washington rest two aging medals in their original boxes, honoring the exploits of polar conqueror Richard Byrd. Beneath them sits a...
MADRID AFP — Despite record crude prices, the major oil companies are struggling to access resources that are being jealously guarded by national companies with whom they are forced to establish partnerships. As paradoxical as it may seem, high oil prices do not mean a golden...
Reportlinker.com announces that a new market research report related to the Power generation industry is available in its catalogue. World Thermal Power Market http://www.reportlinker.com/p090556/World-Thermal-Power-Market.html This report analyzes the worldwide markets for Thermal Power in Billions of Kilowatt-hours. The report provides separate comprehensive analytics for...
ATLANTA -- Arcapita Ventures announced today that it has led a $37 million round of investment in Aspen Aerogels, Inc., a leading provider of advanced insulation materials. Joining Arcapita in the round were existing investors Lehman Brothers Venture Partners, Reservoir Capital Group and Rockport Capital Partners. ...
Articles 2008-06-25
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