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In Hong Kong and Singapore, Mobil brand is applied on Esso fuel tank after Mobil service stations began to merge with Esso between 2003 and 2007. Mobil is ExxonMobil's primary retail motor fuel brand in California, Florida, New York, New England, the Great Lakes and the Midwest.
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.
Both the Esso and Mobil brands are used in Canada (since 2017), [9] Colombia, Egypt, and formerly Japan and Malaysia, in which the latter were rebranded as Petron in 2013, and ENEOS for the former in 2019, separately. In Esso stations in Hong Kong and Singapore, the Mobil brand is used on fuel tanks, along with Esso.
Because neighbouring country Malaysia has cheaper pump prices than Singapore, cars registered in Singapore crossing over into Malaysia are legally required to have at least three-quarters of a tank of fuel since 1991 to prevent evading fuel duties, [65] and when filling up in Malaysia, Singaporean-and Thai-registered hybrid and petrol-powered ...
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 ...
ExxonMobil's primary retail brands worldwide are Exxon, Esso, Mobil, with the former being used exclusively in the United States and the latter two being used in most other countries where ExxonMobil operates. Esso is the only one of its brands not used widely in the United States. Since 2008, Mobil is the only brand for the company lubricants.
Petron Corporation. Petron Corporation is the largest oil refining and marketing company in the Philippines, [ 4] supplying more than a third of the country's oil requirements. It operates a refinery in Limay, Bataan with a rated capacity of 180,000 barrels per day (29,000 m 3 /d). From the refinery, Petron moves its products mainly by sea to ...
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 ...