AP Photo) HOUSTON: The traditional way to check the health of the global oil business
is to look up the price of a barrel of Brent crude on international markets; the other way is to check out the flight from Dubai to Houston in Texas.
Before the non-oil business
is not carried out, the gas station is only the carrier of oil business
, a large number of funds, assets, personnel, equipment precipitation there, oil alone to dig the potential value of these capital, their own space is limited, Not to mention the refined oil market is facing insufficient consumption, excess resources, competitive new normal, operating efficiency has become difficult.
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The steep drop in oil prices has raised questions about the prospects for GE's oil business
, which contributed 17 per cent of the conglomerate's industrial revenue in 2014.
3 June 2014 - US speciality chemicals company Eastman Chemical Company (NYSE:EMN) said it had closed the acquisition of UK oil and gas group BP plc's (LON:BP) the aviation turbine oil business
, without providing financial details.
He spoke at length about the processes making up the oil business
and covered various topics in his lecture, including the discovery of oil in Oman in 1962 at Yibal and Natih.
Macquarie Group (ASX: MQG), a global provider of banking, financial, advisory, investment and funds management services, has expanded its global physical oil business
said Thursday it will buy the oil product wholesale business of California-based oil firm New West Petroleum in June to expand its fuel oil business
The agreements signed with ADR-Haanpaa Oy (bulk warehousing and transportation), Etela-Suomen Logistiikkatalo Oy (warehousing) and Setynoil Oy (packaging) are part of Neste Oil's ongoing restructuring of its lubrication oil business
Despite the constant drumbeat of diplomatic and political contretemps between the governments of Venezuela and the United States, the oil business
is moving ahead just the same.
However, closer to home, family-owned Brett Oils, at Pipewellgate, have a windfall to look forward to, not in their oil business
, but in the shape of their soon-to-be-vacated prime riverside location.