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Bapco Bahrain
The Bahrain Petroleum Company (BAPCO) is an integrated petroleum company that is the national oil company of Bahrain. It was founded in 1929 and discovered the first oil field in the Persian Gulf outside of Iran in 1932. Shipments of crude oil commenced in 1934 and in 1936 the first refinery in the Gulf outside of Iran was built. The founders were the American Standard Oil of California, which was soon joined by Texaco, operating under British rule. While Bahrain never was a high-volume crude oil producer, the American joint venture a few years later came into possession of the vast Saudi Arabian oil reserves, which are located on the mainland in the vicinity of Bahrain Island. Supplied from the mainland, the refinery though exceeded the capacity of the Bahrain oil field from its inception and was among the largest in the region. Overview BAPCO was established in 1929 in Canada by Standard Oil Company of California for oil exploration activities in Bahrain. It took over Bahr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State-owned Enterprise
A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation. SOEs aim to generate profit for the government, prevent private sector monopolies, provide goods at lower prices, implement government policies, or serve remote areas where private businesses are scarce. The government typically holds full or majority ownership and oversees operations. SOEs have a distinct legal structure, with financial and developmental goals, like making services more accessible while earning profit (such as a state railway). They can be considered as government-affiliated entities designed to meet commercial and state capitalist objectives. Terminology The terminology around the term state-owned enterprise is murky. All three words in the term are challenged and subject to interpretation. First, it is debatable what the term "state" implies (e.g., it is unclear whether municipally owned corporations and ente ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sitra
Sitra ( or , ''As-Sitra''), also known as Sitrah or Sitra Island ( ), is an island in Bahrain situated approximately south of the capital, Manama, which is on Bahrain Island. History The island of Sitra has witnessed various conflicts. One notable conflict occurred in 1782 between the local populace and a group of Al Khalifa individuals who arrived in Sitra from Zubarah seeking supplies. This confrontation resulted in casualties on both sides. Arab Spring During the Arab Spring in Bahrain, Sitra played a prominent role as a site of significant protests. The island became a focal point for demonstrations, with numerous citizens gathering to express their grievances. The events during this period led to widespread unrest, injuries, and fatalities among the protesters, marking a critical chapter in the island's contemporary history. Geography Situated to the east of Bahrain Island in the Persian Gulf, Sitra is positioned south of Manama and Nabih Saleh. Its western co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saudi Aramco
Saudi Aramco ( ') or Aramco (formerly Arabian-American Oil Company), officially the Saudi Arabian Oil Company, is a majority state-owned petroleum and natural gas company that is the national oil company of Saudi Arabia. , it is the fourth- largest company in the world by revenue and is headquartered in Dhahran. Saudi Aramco has both the world's second-largest proven crude oil reserves, at more than , and largest daily oil production of all oil-producing companies. Saudi Aramco operates the world's largest single hydrocarbon network, the Master Gas System. In 2024, its oil production total was 12.7 million barrels of oil equivalent per day, and it manages over one hundred oil and gas fields in Saudi Arabia, including 288.4 trillion standard cubic feet (scf) of natural gas reserves. Along the Eastern Province, Saudi Aramco most notably operates the Ghawar Field (the world's largest onshore oil field) and the Safaniya Field (the world's largest offshore oil field). [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Geological Survey
The United States Geological Survey (USGS), founded as the Geological Survey, is an agency of the U.S. Department of the Interior whose work spans the disciplines of biology, geography, geology, and hydrology. The agency was founded on March 3, 1879, to study the landscape of the United States, its natural resources, and the natural hazards that threaten it. The agency also makes maps of planets and moons, based on data from U.S. space probes. The sole scientific agency of the U.S. Department of the Interior, USGS is a fact-finding research organization with no regulatory responsibility. It is headquartered in Reston, Virginia, with major offices near Lakewood, Colorado; at the Denver Federal Center; and in NASA Research Park in California. In 2009, it employed about 8,670 people. The current motto of the USGS, in use since August 1997, is "science for a changing world". The agency's previous slogan, adopted on its hundredth anniversary, was "Earth Science in the Pub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oil Refinery
An oil refinery or petroleum refinery is an industrial processes, industrial process Factory, plant where petroleum (crude oil) is transformed and refining, refined into products such as gasoline (petrol), diesel fuel, Bitumen, asphalt base, fuel oils, heating oil, kerosene, liquefied petroleum gas and petroleum naphtha. Petrochemical feedstock like ethylene and propene, propylene can also be produced directly by Cracking (chemistry), cracking crude oil without the need of using refined products of crude oil such as naphtha. The crude oil feedstock has typically been processed by an oil production plant. There is usually an oil depot at or near an oil refinery for the storage of incoming crude oil feedstock as well as bulk liquid products. In 2020, the total capacity of global refineries for crude oil was about 101.2 million barrels per day. Oil refineries are typically large, sprawling industrial complexes with extensive piping running throughout, carrying streams of fluids b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TotalEnergies
TotalEnergies SE is a French multinational integrated energy and petroleum company founded in 1924 and is one of the seven supermajor oil companies. Its businesses cover the entire oil and gas chain, from crude oil and natural gas exploration and production to power generation, transportation, refining, petroleum product marketing, and international crude oil and product trading. TotalEnergies is also a large-scale chemicals manufacturer. TotalEnergies has its head office in the Tour Total in La Défense district in Courbevoie, west of Paris. The company is a component of the Euro Stoxx 50 stock market index. In the 2023 ''Forbes'' Global 2000, TotalEnergies was ranked as the 21st largest company in the world. History 1924–1985: Compagnie Française des Pétroles The company was founded after World War I, when petrol was seen as vital in case of a new war with Germany. The then-French President Raymond Poincaré rejected the idea of forming a partnership with Royal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Carbon
Carbon () is a chemical element; it has chemical symbol, symbol C and atomic number 6. It is nonmetallic and tetravalence, tetravalent—meaning that its atoms are able to form up to four covalent bonds due to its valence shell exhibiting 4 electrons. It belongs to group 14 of the periodic table. Carbon makes up about 0.025 percent of Earth's crust. Three Isotopes of carbon, isotopes occur naturally, carbon-12, C and carbon-13, C being stable, while carbon-14, C is a radionuclide, decaying with a half-life of 5,700 years. Carbon is one of the timeline of chemical element discoveries#Pre-modern and early modern discoveries, few elements known since antiquity. Carbon is the 15th abundance of elements in Earth's crust, most abundant element in the Earth's crust, and the abundance of the chemical elements, fourth most abundant element in the universe by mass after hydrogen, helium, and oxygen. Carbon's abundance, its unique diversity of organic compounds, and its unusual abi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fossil Fuel
A fossil fuel is a flammable carbon compound- or hydrocarbon-containing material formed naturally in the Earth's crust from the buried remains of prehistoric organisms (animals, plants or microplanktons), a process that occurs within geological formations. Reservoirs of such compound mixtures, such as coal, petroleum and natural gas, can be extracted and burnt as fuel for human consumption to provide energy for direct use (such as for cooking, heating or lighting), to power heat engines (such as steam or internal combustion engines) that can propel vehicles, or to generate electricity via steam turbine generators. Some fossil fuels are further refined into derivatives such as kerosene, gasoline and diesel, or converted into petrochemicals such as polyolefins ( plastics), aromatics and synthetic resins. The origin of fossil fuels is the anaerobic decomposition of buried dead organisms. The conversion from these organic materials to high-carbon fossil fuels is ty ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nasser Bin Hamad Al Khalifa
Sheikh Nasser bin Hamad Al Khalifa (; born 8 May 1987), also known as Prince Nasser, is a member of the House of Khalifa, Bahraini royal family, Commander of Bahrain's Royal Guard (Bahrain), Royal Guard, deputy chairman of the Higher Committee for Energy and Natural Resources and the head of the government's Supreme Council for Youth and Sports. He is the third in line of the heir apparent of the Kingdom of Bahrain. In April 2021, he was appointed as chairman of Bapco Energies, formerly called “nogaholding". Early life and education Al Khalifa is the fourth-born son of the King of Bahrain, Hamad bin Isa Al Khalifa with Sheia bint Hassan Al Khrayyesh Al Ajmi, his second wife. He was educated in Bahrain at Ibn Khuldoon National School. He then joined the commissioning course of officer cadet at the Sandhurst Military Academy in the United Kingdom (2005-2006), where he was the recipient of King Hussain’s Medal for Outstanding Overseas Cadet and achieved Second Lieutenants Ran ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banagas
Banagas (formally the Bahrain National Gas Company) is a Bahraini gas company, headquartered in Bahrain's Southern Governorate. Banagas operates LPG plant facilities which recover propane, butane and naphtha from the Bahrain Oil Field's associated gas and refinery off-gas. Some 94% of the total workforce are Bahrain nationals. 75% of the company's shares are owned by the Government of Bahrain, with the remaining shares owned by Boubyan Petrochemical Company of Kuwait and Chevron Corporation's Bahrain subsidiary, Chevron Bahrain. History The company was founded in 1979 by Shaikh Isa bin Salman Al Khalifa with the objective of utilizing Bahrain's gas resources, by processing associated gas and refinery off-gas into marketable products. The entire US$100 million project included the construction of four gas compressor stations, a processing plant to recover propane, butane and naphtha, and a storage area at Sitra. In 1980 the first ship to transport gas was the Japanese tanker ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Environmental, Social, And Corporate Governance
Environmental, social, and governance (ESG) is shorthand for an investing principle that prioritizes environmental issues, social issues, and corporate governance. Investing with ESG considerations is sometimes referred to as ''responsible investing'' or, in more proactive cases, ''impact investing''. The term ESG first came to prominence in a 2004 report titled "Who Cares Wins", which was a joint initiative of financial institutions at the invitation of the United Nations (UN). By 2023, the ESG movement had grown from a UN corporate social responsibility initiative into a global phenomenon representing more than US$30 trillion in assets under management. Criticisms of ESG vary depending on viewpoint and area of focus. These areas include data quality and a lack of standardization; evolving regulation and politics; greenwashing; and variety in the definition and assessment of social good. Some critics argue that ESG serves as a de facto extension of governmental regulation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aluminium Bahrain
Aluminium Bahrain B.S.C. (Alba) is the first aluminum smelter in the Middle East which started its commercial operations in 1971. The electricity that powers the process come from three power stations fueled by the nearby gas fields. 87% of Alba's employees are Bahraini nationals and the company has introduced numerous capacity building initiatives to boost nationalization of its workforce. History Alba's inception marked the beginning of Bahrain's strategy to diversify its economy and reduce its dependence on oil. Its early success established a blueprint for other non-oil industries to follow, including a thriving downstream aluminum industry. Alba was officially incorporated in 1968 and began operations in 1971 with an annual capacity of 120,000 metric ton per year. After modernization and expansion works the smelter's capacity rose to 450,000 ton in 1992. In March 2005, Alba commissioned a new reduction line, Line 5, which increased the company's capacity to over 860,000 t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
