Downstream Puts Profits At Near-Record Levels Not since the early '80s have the top oil companies made as much money as last year. Downstream nets topped about everything in sight, pushing corporate profits to levels that for many were close to all-time highs....
LONDON, October 18 /PRNewswire/ -- The reduced efficacy of existing drugs and a lack of treatments for many new diseases are expected to drive expansion in the biopharmaceuticals market. To benefit from this opportunity, participants must focus on improving the competence of...
NEW YORK -- Alcoa (NYSE:AA) today announced it will re-position several of its downstream operations in order to further improve returns and profitability through a targeted restructuring of operations and the creation of a soft alloy extrusion joint venture with the intention of eventually offering the venture to the public...
Toxic "gels" that form downstream from mining sites may not only be suffocating fish but also push toxic chemicals further downstream, according to a report published in Science magazine. An international team of researchers has been investigating the chemical processes that cause the gel to form in downstream...
The company will focus on its downstream operations using a Verbund platform. BASF IS ACCELERATING its emphasis on downstream operations as it strives to derive most of its sales from non-cyclical businesses. As the company extends its reach ...
WOODBURY, N.Y. -- Cablevision Systems Corp. said it will increase downstream speeds for its Optimum Online subscribers to an average of 5 Megabits per second, with a maximum downstream speed of 10 Mbps. The new speeds are being touted in two n...
In the face of worldwide uncertainty about volatile crude oil supply and the availability of refined product and prices, downstream petroleum companies need to make fast, well-informed supply decisions. The solution that may seem the most daunting to implement is the solution that can provide results: supply chain optimization that...
BP and ACCENTURE report a $175 million expansion of BP's US downstream energy outsourcing agreement. BP has selected Accenture to design, build and ... BP and ACCENTURE report a $175 million expansion of BP's US downstream energy outsourcing agreement. BP has selected Accenture to...
ChevronTexaco's downstream segment reversed course and turned previous losses into profits, results for the fourth quarter and full year show. The downstream earned $233 million in the final period of 2003 compared to a loss of $166 million in the same ChevronTexaco's downstream segment reversed course and turned...
Revenue sharing contracts, in which retailers pay a royalty on sales to their suppliers, are now widely used in the video rental industry. It can be seen that revenue sharing is valuable in vertically separated industries in which demand is either unpredictable or variable (e.g., systematically declining), downstream inventory is...
Weak downstream results trimmed ExxonMobil's third quarter results $1.1 billion in the third quarter versus the second quarter. ExxonMobil's worldwide downstream operations earned $2 billion in the just-completed period, a sequential decline of almost $1.Weak downstream results trimmed ExxonMobil's third quarter results $1.1 billion in the third quarter versus the...
Chevron announced it will spend $19.6 billion next year, including $3.8 billion on its downstream operations. Of that $3.8 billion, $1.6 billion will go towards U.S. downstream operations.Chevron announced it will spend $19.6 billion next year, including $3.8 billion on its downstream operations. Of that $3.8 billion, $1.6 billion will...
Following De Beers' lead with its strategic partnership with LVMH on a chain of branded luxury jewelry stores launched two years ago, diamond mining companies are increasingly looking for alliances with major luxury retailers to gain sales, marketing and branding leverage over their competitors--as well as...
The authors study vertical integration and product innovation as interdependent strategic choices of vertically related firms. Product differentiation in the downstream market is considered as a strategic device of downstream firms facing a threat of vertical integration and market foreclosure by an upstream monopolist. The main finding is that, although...
Abuja is convinced it has no option but to fully deregulate the downstream business. Removing fuel subsidies, as the IMF and the World Bank have urged, is essential for the national debt to be reduced. But the unions say deregulation can only take place when the domestic...
The capacity is scheduled to support the growing needs of downstream markets. The capacity is scheduled to support the growing needs of downstream markets.
The dramatic rise in volumetric productivity for cell culture-based manufacturing has been a mixed blessing for bioprocessors. Although desirable from a cost of goods perspective, protein concentrations in the gram-plus per liter range stress the capabilities of processes designed for much lower titers. The article outlines that what's good for...
HOUSTON -- ConocoPhillips (NYSE:COP) and International Petroleum Investment Company IPIC of Abu Dhabi today announced the signing of a Memorandum of Understanding MOU to identify new upstream and downstream opportunities for joint investment.
With two nascent projects in the Middle East and a European refinery upgrade in the works, ConocoPhillips has its hands full with downstream investments around the globe. Along with its worldwide agenda, the company is also looking close to home, studyin With two nascent projects in the Middle East and...
After completing a massive review of its downstream operations that had been under way for about a year, ChevronTexaco announced plans Tuesday to restructure its global refining and marketing organization in attempt to lower costs, improve efficienc After completing a massive review of its downstream...