Shell today announced a new exploration discovery in the deep water U.S. Gulf of Mexico. The initial estimated recoverable resources for the Fort Sumter well are more than 125 million barrels of oil equivalent (boe). Further appraisal ...
Saudi Arabian Oil Company ("Saudi Aramco") through its wholly owned Saudi Refining Inc. ("SRI") subsidiary and Royal Dutch Shell plc ("Shell"), through its U.S. downstream affiliate, announce today they have signed a non-binding Letter of ...
Tags: Saudi Aramco, SRI, Motiva
Bentonville, Ark., (Sept. 21, 2016) – As part of Walmart’s continued focus on improving and enhancing the store experience for customers, the company recently awarded more than $200 million in second quarter cash bonuses to more ...
Tags: Walmart, cash bonuses, associates
Wal-Mart Stores, Inc. (WMT: NYSE) today announced completion of the company’s acquisition of Jet.com, Inc., following expiration of the waiting period under federal regulations. The news was initially shared on Instagram by Walmart ...
Tags: Wal-Mart Stores, acquisition, Jet.com
Zebra Technologies Corporation has announced its Warehouse Vision Study findings, which has found that almost three quarters (74%) of APAC decision makers in the industry will accelerate warehouse technology investments by 2020. The ...
Tags: Zebra Technologies, Warehouse Vision Study findings, investments
File image courtesy of Australian Customs and Border Protection Service. Online commerce continues to grow with an increasing portion of business to business (B2B) companies joining the e-commerce bandwagon, according to the 2016 DHL ...
Tags: Online commerce, B2B
Mohawk has unveiled increasing portfolio of packaging papers and folding boards with new Twelve resource. The new kit includes firm’s tactile papers for premium packaging. It is comprised of two different papers, including Curious ...
Tags: Mohawk, portfolio, new Twelve resource
Starbucks subsidiary Evolution Fresh said it will debut four new organic superfoods juices and a watermelon juice in 2017. The company said the new juices, which will hit grocery shelves in March next year, were developed in line with ...
Tags: Starbucks, Evolution Fresh, organic superfoods juice, watermelon juice
The Renault-Nissan Alliance is purchasing French software development firm, Sylpheo, to speed up the expansion of its connected vehicle and mobility services programs. The acquisition was announced by Ogi Redzic, Alliance senior vice ...
Tags: Renault-Nissan, Sylpheo, acquisition
The 2017 Mazda3 will go on sale this month with a MSRP1 starting at $17,845. The current-generation Mazda3 has scored dozens of accolades globally, including being named a Car and Driver 10Best-winner every year since its introduction, ...
Tags: 2017 Mazda3, sale
Performance Food Group Company (PFG) announced that Tom Ondrof will join PFG as executive vice president and chief financial officer, effective from 1 October Ondrof will lead PFG’s corporate finance department and oversee ...
Tags: PFG, Tom Ondrof, executive vice president and chief financial officer
Finland based food packaging firm Huhtamaki is planning to expand its footprint with a launch of new manufacturing and distribution center in Goodyear, Arizona, US with an investment of $100m. The 750,000ft2 facility, which will serve ...
Tags: Huhtamaki, footprint expasion, investment
Dow Chemical Company’s Packaging and Specialty Plastics (P&SP) business has launched new innovation center, Pack Studios, in Ringwood, Illinois, US focused on laminating adhesive in North America. Said to be the company’s ...
Tags: Dow Chemical, P&SP, Pack Studios
Valmet has received a contract to rebuild Metsä Tissue's tissue machines in Raubach, Germany and Pauliström, Sweden. Earlier this year, Metsä Tissue commenced the operations of its TM1 tissue machine in Raubach, following ...
Tags: Valmet, MetsäTissue
Orbis, an international manufacturer of reusable packaging and supply chain optimization expert, has names David Heer as the senior commercial director for Orbis Europe. In this new role, Heer is responsible for leading the ORBIS reusable ...