OQ (company)
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OQ (company)
OQ, formerly known as Oman Oil Company, is an energy investment company headquartered in Muscat, Oman. It is a wholly owned subsidiary of the Government of Oman through the Oman Investment Authority. OQ is involved in sectors such as infrastructure and transportation for energy, oil refining, petrochemical production, oil marketing, and power generating. It operates in 17 different countries. As of June 2022, OQ produces more than 218,000 barrels of oil per day. History 1982 to 2000 OQ was founded as the Oman Refinery Company in 1982. In 1996, Oman Oil Company was established by the Government of Oman. A separate company for gas, named Oman Gas Company, was established in 2000. 2002 to 2010 In 2003, Oman Oil Marketing Company (Oman Oil) was founded. Oman Trading International, a trading division, was established in 2006. Oman Refineries and Petrochemicals Co. was created in 2007 with the merger of Oman Refinery Company and Sohar Refinery Company. In 2009, Oman Oil Company Ex ...
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Government-owned Corporation
A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs are government entities established to pursue financial objectives and devel ...
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SABIC
Saudi Basic Industries Corporation ( ar, الشركة السعودية للصناعات الأساسية), known as SABIC ( ar, سابك), is a Saudi chemical manufacturing company. 70% of SABIC's shares are owned by Saudi Aramco. It is active in petrochemicals, chemicals, industrial polymers, fertilizers, and metals. It is the second largest public company in the Middle East and Saudi Arabia as listed in Tadawul. In 2017, SABIC was ranked fourth in the world among chemical companies by Fortune Global 500. By the end of 2018 SABIC was the world's 281st-largest corporation. In 2014, the company had sales revenues of $50.4 billion, profits of $6.7 billion and assets standing at $90.4 billion. It also has been recognized as the world's second most valuable brand in the chemicals industry by Brand Finance in 2021. History SABIC was founded in 1976 by royal decree to convert oil by-products into useful chemicals, polymers, and fertilizers. The first chairman of the company was Ghaz ...
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Herbicide
Herbicides (, ), also commonly known as weedkillers, are substances used to control undesired plants, also known as weeds.EPA. February 201Pesticides Industry. Sales and Usage 2006 and 2007: Market Estimates. Summary in press releasMain page for EPA reports on pesticide use ihere Selective herbicides control specific weed species, while leaving the desired crop relatively unharmed, while non-selective herbicides (sometimes called total weedkillers in commercial products) can be used to clear waste ground, industrial and construction sites, railways and railway embankments as they kill all plant material with which they come into contact. Apart from selective/non-selective, other important distinctions include ''persistence'' (also known as ''residual action'': how long the product stays in place and remains active), ''means of uptake'' (whether it is absorbed by above-ground foliage only, through the roots, or by other means), and ''mechanism of action'' (how it works). Historica ...
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Crop Protection
Crop protection is the science and practice of managing plant diseases, weeds, and other pests (both vertebrate and invertebrate) that damage crops and forestry. Crops include field crops (maize, wheat, rice, etc.), vegetable crops (potatoes, cabbages, etc.), and fruits. The crops in the field are exposed to many factors. The crop plants may be damaged by insects, birds, rodents, bacteria, etc. Crop protection encompasses: *All practical aspects of pest, disease, and weed control, including the following topics: *Control of animal pests of world crops. *Control of diseases of crop plants caused by microorganisms. *Control of weeds and integrated management. * Economic considerations. See also * CAB International * CropLife International * Integrated pest management * Vive Crop Protection Vive Crop Protection is a privately held company based in Toronto, Canada, that develops new products based on existing active ingredients for pesticides using its patented Allosperse technolog ...
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Animal Nutrition
Animal nutrition focuses on the dietary nutrients needs of animals, primarily those in agriculture and food production, but also in zoos, aquariums, and wildlife management. Constituents of diet Macronutrients (excluding fiber and water) provide structural material (amino acids from which proteins are built, and lipids from which cell membranes and some signaling molecules are built) and energy. Some of the structural material can be used to generate energy internally, though the net energy depends on such factors as absorption and digestive effort, which vary substantially from instance to instance. Vitamins, minerals, fiber, and water do not provide energy, but are required for other reasons. A third class dietary material, fiber (i.e., non-digestible material such as cellulose), seems also to be required, for both mechanical and biochemical reasons, though the exact reasons remain unclear. Molecules of carbohydrates and fats consist of carbon, hydrogen, and oxygen atoms. Carbo ...
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Bharat Oman Refinery Limited
Bharat Oman Refineries Limited (BORL) which is under the ownership of Ministry of Petroleum and Natural Gas of the government of India. It owns and operates Bina Refinery, located at Bina in the Bina-etawa district of the state of Madhya Pradesh in India. The company was incorporated as a joint venture between Bharat Petroleum Corporation (BPCL) and Oman Oil Company Ltd (now OQ). Since 2021, it is a wholly owned subsidiary of BPCL. The Bina Refinery was commissioned in 11 May 2011 with an annual capacity of 6 million tonnes. The capacity of the refinery was further enhanced to 7.8 million tonnes per year in 2018. History Bharat Oman Refineries Limited (BORL) was incorporated in 1994 as a public limited company with equal equity participation of Bharat Petroleum and Oman Oil Company Ltd (now OQ). Work on the refinery at Bina however began only in 2006. The project faced significant delays on account of environmental clearances and poor infrastructure and suffered from severe ...
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Redes Energéticas Nacionais
REN - Redes Energéticas Nacionais, SGPS, S.A. (formerly Rede Eléctrica Nacional S.A.) is a Portuguese energy sector company which is the current concession holder of the country's two main energy infrastructure networks: the National Electricity Transmission Grid (RNT) and the National Natural Gas Transportation Grid (RNTGN). It is responsible for the planning, construction, operation, maintenance and global technical management of both these grids and associated infrastructures. Its stated mission is to provide a guarantee of an uninterrupted and stable supply of energy while ensuring equal rights of grid access to the remaining participants in the energy market, including consumers, generators and distributors. The company is also involved with the storage and transportation of liquefied natural gas, and owns and operates an LNG regasification terminal located at Sines Sines () is a city and a municipality in Portugal. The municipality, divided into two parishes, has around ...
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MOL (company)
MOL Plc. ( hu, Magyar OLaj- és Gázipari Részvénytársaság, lit=Hungarian Oil and Gas Public Limited Company), also commonly known as MOL Group, is a Hungarian multinational oil and gas company headquartered in Budapest, Hungary. Members of MOL Group include among others the Croatian and Slovak formerly state-owned oil and gas companies, INA and Slovnaft. MOL is Hungary's most profitable enterprise, with net profits of $770 million in 2019. The company is also the third most valuable company in Central and Eastern Europe and placed 402 on the Fortune Global 500 list of the world's largest companies in 2013 with a revenue equal to one fifth of Hungary's GDP at the time. As of October 2021, the largest shareholder is the Mol New Europe Foundation with 10.49% ahead of Maecenas Universitatis Corvini Foundation and Mathias Corvinus Collegium Foundation, both with 10%, OmanOil Budapest with 7.14% and OTP and ING Bank with 4.9% and 4.48% respectively. Nearly 45% of shares are free ...
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BlackRock World Mining Trust
BlackRock World Mining Trust is a British investment trust dedicated to investments in mining and metals. Established in 1993, the trust is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. It is based in London. The fund is managed by the UK subsidiary of BlackRock BlackRock, Inc. is an American multi-national investment company based in New York City. Founded in 1988, initially as a risk management and fixed income institutional asset manager, BlackRock is the world's largest asset manager, with trill .... References External links BlackRock World Mining Trust - Official site Financial services companies established in 1993 Investment trusts of the United Kingdom Companies listed on the London Stock Exchange {{UK-finance-company-stub ...
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Sohar Aluminium
Sohar Aluminium Company is the first Aluminium smelter in the Sultanate of Oman. Established in 2004, it is under the ownership of Oman Oil Company, Abu Dhabi National Energy Company PJSC – TAQA and Rio Tinto, a leading aluminium mining and production company. The company's annual production of primary aluminium is 375,000 tonnes per annum and it has a port facility for receiving and exporting aluminium and can support vessels with a capacity of at least 75,000 metric tonnes. History Formed in September 2004, Sohar Aluminium LLC is a joint venture between Oman Oil Company S.A.O.G (40%), Abu Dhabi Water and Electricity Authority (40%), and Rio Tinto Alcan (20%). Tony Kinsman was appointed CEO of Sohar Aluminium in September 2004. See also *List of aluminium smelters This is a list of primary aluminium smelters in the world. Primary production is the process by which alumina is smelted to pure aluminum metal. Secondary production is the process of recycling aluminum scrap into ...
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Mining
Mining is the extraction of valuable minerals or other geological materials from the Earth, usually from an ore body, lode, vein, seam, reef, or placer deposit. The exploitation of these deposits for raw material is based on the economic viability of investing in the equipment, labor, and energy required to extract, refine and transport the materials found at the mine to manufacturers who can use the material. Ores recovered by mining include metals, coal, oil shale, gemstones, limestone, chalk, dimension stone, rock salt, potash, gravel, and clay. Mining is required to obtain most materials that cannot be grown through agricultural processes, or feasibly created artificially in a laboratory or factory. Mining in a wider sense includes extraction of any non-renewable resource such as petroleum, natural gas, or even water. Modern mining processes involve prospecting for ore bodies, analysis of the profit potential of a proposed mine, extraction of the desired materials, an ...
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Metal
A metal (from Greek μέταλλον ''métallon'', "mine, quarry, metal") is a material that, when freshly prepared, polished, or fractured, shows a lustrous appearance, and conducts electricity and heat relatively well. Metals are typically ductile (can be drawn into wires) and malleable (they can be hammered into thin sheets). These properties are the result of the ''metallic bond'' between the atoms or molecules of the metal. A metal may be a chemical element such as iron; an alloy such as stainless steel; or a molecular compound such as polymeric sulfur nitride. In physics, a metal is generally regarded as any substance capable of conducting electricity at a temperature of absolute zero. Many elements and compounds that are not normally classified as metals become metallic under high pressures. For example, the nonmetal iodine gradually becomes a metal at a pressure of between 40 and 170 thousand times atmospheric pressure. Equally, some materials regarded as metals ...
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