He had reached the limit of profitable investment of profits in the oil industry
. Here, then, were these enormous sums in cash pouring in--more than $2,000,000 a month for John Davison Rockefeller alone.
'The palm oil industry
is facing a number of issues including sustainability and environment-related ones such as deforestation and being a threat to wildlife habitats, all of which have brought a negative impact to the industry.
"Consistent with the mandate of the Department of Energy on effective data-driven policymaking, as well as ensuring greater market transparency, we have amended our guidelines for the reporting of price adjustments by oil companies in the downstream oil industry
in the Philippines," Cusi said in a statement yesterday.
BUTUAN CITY - Growers in the palm oil industry
are eyeing to plant palm trees in one million hectares in Mindanao to support the market in the global demand.
MANAMA: Bahrain will spare no effort in upgrading its oil industry
and bringing it up to date with the latest technologies and maximise returns for the benefit of the national economy, Deputy Prime Minister Shaikh Khalid bin Abdulla Al Khalifa has said.
The First Vice-President noted that the Rothschilds, who were very famous in Azerbaijan in the 19th century, established "The Caspian-Black Sea Oil Industry
and Trade Society" in 1883.
10 (BNA): His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa has asserted that Bahrain boasts a long history in the oil industry
, adding that the government is still interested in developing such a promising sector and encouraging investment in it, being a key tributary to the national economy, and a vital and strategic resource to boost all fields of development.
KUWAIT, Dec 26 (KUNA) -- The CEO of Kuwait Petroleum Corporation (KPC) Hashem Sayyed Hashem said on Wednesday that he expected the local oil industry
to reach new heights in the foreseeable future.
Last year, the oil industry
had been successful in getting a free reign from the previous government to decide diesel margins despite vociferous opposition from the industry regulator Oil and Gas Regulatory Authority (Ogra).
The Economic Coordination Committee (ECC) of the cabinet, in its meeting on May 30 chaired by then prime minister Shahid Khaqan Abbasi, took a decision to bail out the oil industry
After that controversy was 'settled' these new oil industry
players now shifted to China as their main source of processed oil products.