Exxon Mobil Corporation (NYSE:XOM) today said that drilling results from the Liza-2 well, the second exploration well in the Stabroek block offshore Guyana, confirm a world-class discovery with a recoverable resource of between 800 million ...
Tags: drilling results, Liza-2 well, significant oil discovery
ExxonMobil today announced plans to increase production of ultra-low sulfur fuels at its Beaumont refinery by approximately 40,000 barrels per day, further strengthening its integrated downstream portfolio while meeting environmental ...
Cash flow reflects durability of the integrated portfolio amid continued industry volatility Strong Chemical results highlight sustainable competitive advantages Advancing attractive new investment opportunities across the value ...
Tags: second quarter 2016, results
Chief Accountant of Sinopec Group, met Simon Henry, Chief Financial Officer and an Executive Director of Shell, at Headquarters on April 6. Zhang Haichao, Vice President of Sinopec Group, met Mark Slaughter, Asia-Pacific head of corporate ...
Tags: Zhang Haichao, Simon Henry
The installation of a new twin palletiser on Beatson Clark’s amber glass lines is set to make production faster and more flexible. The leading South Yorkshire glass manufacturer has invested £720,000 in a new Zecchetti ...
Today, LNG Canada announces that its joint venture participants – Shell, PetroChina, Mitsubishi Corporation and Kogas – have decided to delay a final investment decision on LNG Canada that was planned for end 2016. LNG Canada ...
Tags: LNG Canada, joint venture participants, final investment decision delay
China National Offshore Oil Corporation (CNOOC) and Shell Nanhai B.V. (Shell) today announce the final investment decision to expand CNOOC and Shell Petrochemical Company’s (CSPC) existing 50:50 joint venture (JV) in Huizhou, ...
Tags: CNOOC, Shell, final investment decision, expasion
Responding to the changing landscape by re-shaping Shell Setting out an agenda for 2020 and beyond: grow free cash flow per share and returns Taking action to manage the down-cycle: delivering on lower costs, lower and more ...
BENTONVILLE, Ark., Sept. 7, 2016 – As a next step in an effort to increase economic mobility of workers in retail and adjacent sectors in the U.S., the Walmart Foundation today announced 10 Workforce Development Boards (WDBs) across ...
Shell Chemical Appalachia LLC (Shell) has taken the final investment decision to build a major petrochemical complex, comprising an ethylene cracker with polyethylene derivatives unit, near Pittsburgh, Pennsylvania, USA. Main construction ...
Tags: Shell Chemical Appalachia LLC, final investment decision
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
The five winners of this year' National Bed Federation (NBF) Bed Industry Awards have been announced. Now in their sixth year, the awards recognise the companies considered best in class over the past 12 months. The winners were: Kaymed ...
Tags: NBF, Bed Industry Awards
The Port of Melbourne. The Victorian Government has successfully leased the Port of Melbourne for more than $9.7 billion. The Lonsdale Consortium, comprising of the Future Fund, QIC, GIP and OMERS signed a lease of the port’s ...
Tags: Port of Melbourne, lease
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
According to Transport Intelligence’s (Ti) new report Global Warehousing and Logistics Networks 2016, economics’ medium- to long-term impact on supply chains can be best understood by focusing on relatively few measures. ...
Tags: Ti report, warehousing and logistics network, supply chains