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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 petrol station network is largely operated by four incumbent retailers: Shell, ExxonMobil, retailing petrol under the brand Esso, [24] Chevron, retailing petrol under the brand Caltex, and Singapore Petroleum Company, retailing petrol under the brand SPC. [23]
An Audi R10 TDI LMP race car, fueled on Shell V-Power Diesel. V-Power Diesel is Shell's version of an enhanced diesel fuel, similar to BP's 'Ultimate Diesel'. Like BP Ultimate Diesel, Shell V-Power Diesel is designed for modern compression-ignition diesel engines, to facilitate enhanced engine performance along with increased engine protection, for more consistent operation and engine longevity.
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.
BP p.l.c. (formerly The British Petroleum Company p.l.c. and BP Amoco p.l.c.; stylised in all lowercase) is a British multinational oil and gas company headquartered in London, England. It is one of the oil and gas "supermajors" and one of the world's largest companies measured by revenues and profits. [ 3]
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 ...
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 ...
Congestion pricing is a concept from market economics regarding the use of pricing mechanisms to charge the users of public goods for the negative externalities generated by the peak demand in excess of available supply. Its economic rationale is that, at a price of zero, demand exceeds supply, causing a shortage, and that the shortage should ...