Shell said Thursday it remains on track to grow its oil and gas production by over 20% in the next five to six years, despite weak North American fuel prices continuing to dent the performance of its key upstream growth centre. ...
Tags: oil, gas production, fuel prices, North America
France's Total has requested permission from the UK's Health and Safety Executive to restart its Elgin-Franklin field complex in the North Sea and hopes to restart production "as soon as possible within the first quarter," the company said ...
Crude oil production by Norway, the world's eighth largest exporter, is expected to fall 4% in 2013 to 1.47 million b/d, from 1.53 million b/d in 2012, the Norwegian Petroleum Directorate said on Friday. The NPD also said it expected gas ...
Production from wells in Shell's ultra-deepwater Perdido Hub in the US Gulf of Mexico is now reaching over 115,000 b/d of oil equivalent, nearing total capacity, Shell Oil President Marvin Odum said Wednesday. "The project is doing ...
Tags: oil equivalent, oil, natural gas, gas
Simon Moorhead began his career as the Bank of England’s CIO with a baptism of fire, having started in November 2008 – just two months after Lehman Brothers collapsed and a year after Northern Rock was rescued by the government. ...
Tags: CIO, Computer Products, Simon Moorhead
The Spanish laminate-flooring manufacturer Industrias Auxiliares Faus and associate company Andrés Faus filed for bankruptcy on 24 February 2012 at the commercial court in Valencia. The Valencia lawyer Vicente Rodriguez Esparza was ...
Tags: Spanish, laminate-flooring, Auxiliares Faus, bankruptcy
Formosa Epitaxy Inc. (FOREPI) has signed a deal with mainland Chinese LED maker San’an, which makes San’an the No.1 institutional shareholder of FOREPI. FOREPI Chairman F.J. Chien said San’an s 19.9% acquisition of ...
Tags: FOREPI, Taiwan, LED, LED market
San'an Optoelectronics intends to invest around$80 million to obtain a 19.9%stake in Formosa Epitaxy. San'an Optoelectronics Co.Ltd,one of China's largest LED makers,plans to invest NT$2.35 billion(approx.$80 million)in Formosa ...
BP has appointed the current head of its US operations, Lamar McKay, to oversee the company's existing upstream oil and gas divisions, which were created in the wake of the 2010 Gulf of Mexico oil spill, the company said Friday. McKay, ...
Tags: upstream chief, oil spill, offshore spill
Taipei, Nov. 14, 2012 (CENS)—Formosa Epitaxy Inc. (FOREPI) Chairman F.J. Chien yesterday said San’an Optoelectronics Co., Ltd.’s 19.9% acquisition of his company’s ownership will help his company enter mainland ...
Tags: Forepi, China's LED market, LED market
Computer Weekly has announced the third UKtech50, our annual definitive list of the real movers and shakers in UK IT - the CIOs, industry executives, public servants and business leaders driving the role of technology in the UK economy. ...
Tags: UK IT, UKtech50, ARM, GCHQ, Government Digital Service, Salesforce.com
The global LED market has seen rapid growth in recent years and sentiment remains strong in view of the Chinese market's huge potential. LED chip supplier Formosa Epitaxy Inc said yesterday it planned to issue new common shares to ...
Tags: LED
Taiwan Formosa Epitaxy Inc. (FOREPI) is reported to sign a deal to form an alliance with BOE Co., Ltd. by allowing BOE to hold part of its stocks. The company chooses FOREPI as its partner based on the Taiwanese company’s quality and ...
Tags: BOE, Taiwan Formosa Epitaxy Inc, stock investment, LCD makers
Taiwan-based LED packaging house Unity Opto began construction of its plant in Beijing on September 25, 2012. The plant will be operated by the firm's Beijing subsidiary and expects a capacity of 100 million units of LED packaging and 100 ...
Tags: Beijing BOE China China government OPTO plant Unity Opto
Taiwan's Executive Yuan has been discussing the possibility of increasing the investment limit of China-based funds to Taiwan's LED industry. According to Robert Yeh, chairman of LED packaging house Everlight, no China-based firms have ...
Tags: LED