| oil and gas |
ExxonMobil Provides $300,000 to Support Relief Efforts in Mozambique Following Cyclone Idai
March 20, 2019
(AETOS Wire)-- ExxonMobil said today that it is providing $300,000 to aid agencies to support disaster relief and recovery efforts in Mozambique following Cyclone Idai, which made landfall on March 14. Of this amount, $250,000 will be contributed to the American Red Cross for ongoing rescue efforts and for food, shelter and comfort for the storm’s victims. ExxonMobil’s affiliate ExxonMobil Moçambique Limitada will contribute another $50,000 to organizations operating in Mozambique that are assisting the government with disaster relief efforts. “We are deeply saddened by the impact of Cyclone Idai on Mozambique and surrounding countries,” said Darren W. Woods, ExxonMobil chairman and chief executive officer. “The devastation has been widespread, and this funding will help provide relief during a difficult time. Our thoughts are with everyone affected.”......
Middle East Oil and Gas Show and Exhibition opens
March 19, 2019
Manama, Mar. 18(BNA): H.R.H. Prince Khalifa bin Salman Al Khalifa, Prime Minister nominated H.E. Shaikh Khalid bin Abdullah Al Khalifa, Deputy Prime Minister to inaugurate the 21st Middle East Oil & Gas Show and Conference (MEOS 2019) in the Bahrain International Exhibition and Convention Center, organized by the Society of Petroleum Engineers (SPE), the Arab Exhibition Management Company and in cooperation with the National Oil and Gas Authority (NOGA) and supported by a number of regional and international oil companies. "...
GPCA Research and Innovation Summit
March 14, 2019
Oil Minister Shaikh Mohammed bin Khalifa Al Khalifa inaugurated on Wednesday the activities of the Gulf Petrochemicals Association (GPCA) Research and Innovation (R & I) Summit. The summit brought together more than 300 participants international leaders and experts in the chemical industry and senior officials from regional government bodies and circles from 81 countries. With the aim of exchanging ideas on strengthening strategic partnerships,"...
Bahrain sets up Sustainable Energy Centre
March 12, 2019
Bahrain has established the Sustainable Energy Centre (SEC) through a royal decree by His Majesty King Hamad bin Isa Al Khalifa. The SEC will be affiliated to the Cabinet and supervised by the Minister of Electricity and Water, said a Bahrain News Agency report. The centre will undertake all tasks and responsibilities related to providing technical support for the relevant sides regarding the preservation of all kinds of sustainable energy sources, as well as enhancing their effective use, ensuring their secure use and encouraging investment in them, in cooperation with competent authorities, it said. The Sustainable Energy Centre will have a chief executive officer with the rank of assistant undersecretary, who will report to the minister in charge. The CEO will be appointed as per a royal decree, based on a proposal by the minister, for renewable four-year terms. tradearabia......
Bahrain’s Bapco sees oil trading opportunities as it expands refinery
March 11, 2019
- The expansion will boost the capacity of its Sitra oil refinery to 360,000 barrels per day
- The small non-OPEC Gulf oil producer, with around 124.6 million barrels of proven reserves, gets its oil revenue from two fields
DUBAI: Bahrain plans to commission its expanded oil refinery by early 2023, allowing it to sell and trade more petroleum products in the Gulf region and Asia, the chief executive of state-owned oil company Bapco said.
The expansion will boost the capacity of its Sitra oil"...
Modernisation project of Bapco refinery
March 6, 2019
His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa in the presence of His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince, Deputy Supreme Commander and First Deputy Premier, laid the foundation stone of the modernisation project of Bahrain Petroleum Company (Bapco) refinery, which is considered the biggest industrial project in the history of the Kingdom of Bahrain. During a celebration held under his patronage"...
China Driving eSIM Adoption Says New GSMA Report
February 28, 2019
(AETOS Wire)-- The GSMA today announced the release of a new report highlighting the significant progress made by Chinese mobile operators, vendors and manufacturers in adopting Remote SIM Provisioning and eSIM technologies. The in-depth report which is titled “eSIM in China: the road ahead” and was prepared by GSMA Intelligence in partnership with the Telecommunication Terminal Industry Forum Association (TAF), draws on fresh insights from China’s three mobile operators – China Mobile, China Telecom and China Unicom – as well other companies from the wider mobile ecosystem1 and highlights developments particularly in the consumer electronics and IoT sectors. “In China and around the world, the huge adoption of eSIM technologies has been underpinned by the GSMA’s common and interoperable specification that is reducing fragmentation and delivering......
ABB Strategy Update: Shaping a Leader Focused in Digital Industries
February 28, 2019
- New ABB: focus, simplify, lead
- Focused portfolio: Divestment of Power Grids to Hitachi well on track
- Simplified structure: New operating model “ABB-OS™” for enhanced customer focus, agility
and profitability; %$500 million annual savings - Four new leading businesses, #1 or #2 in their respective markets, effective April 1, 2019 with
new medium-term business operational EBITA margin target corridors of: - Electrification: 15-19 percent
- Industrial Automation: 12-16 percent
- Motion: 14-18 percent
...
ABB: Solid Growth
February 28, 2019
(AETOS Wire) -- FULL YEAR 2018 HIGHLIGHTS - Total orders +8%1, up in all divisions and regions
- Revenues +4%, strong growth in Robotics and Motion
- Order backlog +6% at end of year, book-to-bill ratio2 at 1.03x
- ABB Ability™ drives growth across all divisions
- Operational EBITA margin 10.9%2, impacted by a combined 250 basis points due to stranded costs, charges for legacy non-core projects and GEIS dilution
- Reported net"...
Global Ingredients Brand, NZMP, Picks Its Top 5 Consumer Trends for 2019
February 28, 2019
(AETOS Wire)-- NZMP 1. Digestive wellness
2. Snacking as an occasion in its own right
3. Ethics goes 360
4. Total wellbeing
5. Adventurous consumption Insights from some of the world’s largest food and nutrition research providers* have been analysed by NZMP, picking its top five trends for food and"...
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