Corporatiom News Saudi ARAMCO launches its regional headquarters In Beijing
Government is considering solving the problems of Exxon Mobil company in the Egyptian market
Saudi ARAMCO one of the biggest oil producing companies in the world Recently announced set up a company ARAMCO Asia and the opening of its regional headquarters In the Chinese capital of Beijing to strengthen its presence in one of the fastest growing regions in the world In a move to demonstrate the strategic importance Enjoyed by the company›s Asia region.
Dr. Hisham Kandeel Prime Minister met Chairman of the Board of Directors of the British EXXON MOBIL, Andy Wales in the presence of Engineer Osama Kamal, Minister of Petroleum.
ARAMCO Asia company will be fully owned by Saudi ARAMCO and taken from the Chinese capital Beijingbased intermediary for trade deal between Saudi ARAMCO and China and will also have other two offices in Shanghai and Xiamen in addition to its regional headquarters. At the opening ceremony which was held in the Chinese capital Beijing confirmed Senior Vice President of refining, processing and marketing Abd Al-Rahman Fahd Al-Wahaib announced in a statement data Newspapers that the company›s new headquarters in Beijing will be an important pillar in strengthening its operations in general and in particular the activities of investment and commercial opportunities other arising from major projects in Saudi Arabia and Asia.
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And the government announced in a statement that it is currently studying all challenges facing EXXON MOBIL company in the Egyptian market and work to overcome all the obstacles and problems facing increasing its investments in Egypt in coordination with all the ministries and departments concerned to reach practical solutions satisfy the aspirations of the company. The company›s activity in Egypt started in 1902 and today occupies a large company status In the petroleum products market and derivatives amputation well and fuel and oil markets in Egypt, where the company is committed to attracting more of the latest global technologies, And the use of quality system applied globally in the field of oil and fuel oils through the use of the best global talent to provide a full range of petroleum derivatives and the highquality oils to meet the needs of the Egyptian market.
November 2012
The company owns nearly 350
service station to meet the market needs in addition to 25 store on the run in Governorates of Cairo and Alexandria provide prompt service and outstanding fleet also includes the transfer of a large component of the mechanism for the transfer of 50 trucks directly to stations in line with international safety standards.
As a result of lower prices and declining production.. 6+(// SUR¿WV IDOO WR $ 6.1 billion Royal Dutch SHELL recorded second-largest oil company in the world decreased by 15% in thirdquarter profit as lower oil prices overshadowed the decline in production and exceptional expenses on strong margins in refining activities. SHELL announced its net profit of $ 6.1 billion decreased lighted from $ 7.2 billion a year ago and excluding expenses exceptional resulting from the devaluation of assets due to weak gas prices U.S. and modifications tax British and other factors, the R revealed the company amounted to $ 6.6 billion analysts had predicted that total profits $ 6.3 billion. And contributed to the cessation of production in Nigeria as a result of security breaches in the company›s global production fell from 5% liquids and gas production fell 4%.
