But today’s technology-driven world offers quicker solutions for the average person to turn a photo into a painting or portrait. Credit: WhataPortrait Many photo-to-painting apps can turn photos into oil paintings in no time. Let’s look at the top 7 amazing apps and image editing tools...
Report: Spanish Oil Companies to Invest €6 Billion in Refineries By 2010.The article deals with the prediction that Spanish refiners will spend €6 billion ($8.3 million) by 2010 in their existing refineries in order to increase their middle distillate production by at least 8 million tons ...
Yet as they invest in these alternative energies that have yet to prove they can rival traditional sources, oil and gas companies seem to have given up their ambitions of turning away from oil and gas altogether. By Irina Slav for Oilprice.com More Top Reads From Oilprice.com IEA Sees “...
In April 1997, Itochu introduced a new way of doing business by dividing operations into independently managed "division companies." This was followed in 1999 by the adoption of the position of corporate executive officer to divide more clearly the duties of top management and the Board of Direct...
Growth just for the sake of it means little to oil industry shareholders. Instead, they want to invest in companies whose growth initiatives are strategic and measurable from an economic perspective. Marathon Oil’s bold move to split the company in two created an opportunity to integrate their ...
Oil companies and OPEC underestimated global demand, particularly from China. Since 2001 China’s oil use has jumped 36 percent. This error led OPEC and companies to underinvest in new production capacity, he says. In 2002 the world had 5 million barrels a day of surplus production capacity;...
Following the “going out” strategy, Chinese oil and gas companies have been widely involved in investing and operating business abroad to mitigate the increasing energy imbalance between supply and demand. Overseas oil investment, characterized by high risks and high returns, plays a significant role...
Investors may purchase two types of oil contracts: spot contracts andfutures contracts. To the individual investor, oil can be a speculative asset, a portfolio diversifier, or a hedge against related positions.1516 Large financial institutions and energy companies can also invest in oil and gas pro...
Politicians often take the heat for high gas prices, but they have little to do with what you pay at the pump. Oil companies brought in record profits once again as people worldwide struggled with high gasoline and energy prices. Exxon Mobil broke records with its profits in the third quart...
The Margins for oil companies will continue to shrink as the Falling EROI increases costs while the oil price remains too low. Why? There is this little thing called DEBT, or more succinctly put, a MASSIVE AMOUNT OF DEBT held publicly and privately. With so much debt in the world, the ...