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esso.com. Esso ( / ˈɛsoʊ /) is a trading name for ExxonMobil. Originally, the name was primarily used by its predecessor Standard Oil of New Jersey after the breakup of the original Standard Oil company in 1911. [ 1] The company adopted the name "Esso" (the phonetic pronunciation of Standard Oil's initials, ' S ' and ' O '), [ 2] to which ...
The Platts assessment process determines the value of physical commodities 15–30 days forward for many oil products loading in Singapore. [1]MOPS is an acronym that stands for the Mean of Platts Singapore, and typically refers to any contract mechanism that derives its value by referencing the average of a set of Singapore-based oil price assessments published by Platts.
ExxonMobil Australia (formerly Esso Australia) is an Australian affiliate of ExxonMobil, the U.S.-based oil giant. It operates a number of oil and gas platforms in Bass Strait , south east of Melbourne , Australia, as well as a gas processing facility at Longford and Long Island Point (LIP) in Hastings .
Tapis crude. Tapis crude is a Malaysian crude oil used as a pricing benchmark in Singapore. Tapis is very light, with an API gravity of 43°-45°, and very sweet, with only about 0.04% sulfur. [ 1][ 2] While it is not traded on a market like Brent Crude or West Texas Intermediate (WTI), it is often used as an oil marker or price referencing ...
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Singapore is described as "the undisputed oil hub in Asia". The oil industry is responsible for some five percent of the country's gross domestic product (GDP). [ 1] It generated an estimated S$ 57 billion dollars in 2009. Technology used for oil refinement and trading centres in Singapore is on the cutting edge, and many well-established ...
However, such schemes are complicated and make direct price comparison difficult. [23] Petrol is cheaper in Malaysia than in Singapore, but arbitrage opportunities are limited because cars registered in Singapore crossing over into Malaysia are legally required to have at least three-quarters of a tank of fuel. [29]
McHugh J. Kirby J. Esso Australia Resources Ltd v Federal Commissioner of Taxation, also known as ' Esso ' is a decision of the High Court of Australia. At issue was a claim of legal professional privilege by the oil and gas conglomerate Esso, in respect of over 500 documents. The documents were subject of a discovery order by the Commissioner ...