No. 1 San Jose, Ca
No. 2 Las Vegas
No. 3 San Antonio
No. 4 Jersey City
No. 5 Brooklyn
No. 6 Plano, Tex
No. 7 Dallas, Tex
No. 8 San Francisco
No. 9 New York
No. 10 Atlanta
Showing posts with label Biggest. Show all posts
Showing posts with label Biggest. Show all posts
Tuesday, February 15, 2011
Monday, February 14, 2011
Top Ten Biggest Oil Reserves in the World
1. Ghawar. Saudi Arabia. 30 Billion Barrels.
The once and future king. Ghawar is thought to have had more than 100 billion barrels of recoverable oil in place. At 160 miles long and 16 miles wide it boggles the mind of even the most experienced geologists. With something on the order of 60 billion produced over the past 60 years, you'd be excused for thinking that Ghawar was sliding into its twilight years. Yet the Saudis insist that Ghawar is still going strong, producing 4.5 million bpd from six main producing areas with the ability to do 5 million bpd if called upon.
2. West Qurna. Iraq. 21 Billion Barrels.
This month a joint venture between ExxonMobil and Royal Dutch Shell were awarded the contract to develop the 9 billion barrel first phase of the West Qurna oil field. They will aim to raise output from 300,000 bpd to 2.3 million bpd. It's tough to make the case that the two biggest oil companies from the countries that invaded Iraq in 2003 are getting a sweetheart deal. The contract calls for the government of Iraq to retain ownership of the field and the oil.
3. Majnoon. Iraq. 13 Billion Barrels.
Massive reserves in a relatively small area near the Euphrates River in southern Iraq, the field's abundance was so mind-boggling that it was named Majnoon, Arabic for "crazy." This easy oil hasn't been developed in part because of its location so close to the Iranian border. In the 1980s, during the Iran-Iraq war, managers reportedly buried the wells, concerned that they might be targeted by Iranian forces. The field produces just 50,000 bpd now but has the potential to do 1.8 million bpd.
4. Rumaila. Iraq. 17 Billion Barrels.
In November, British giant BP and China National Petroleum won the first oil contract of the post-Saddam era to redevelop Rumaila. Located on the border with Kuwait, the field is already producing 1 million bpd, half of Iraq's total production. The partners intend to spend some $15 billion to treble that to 2.85 million bpd. That output would be enough to put Rumaila in second-place worldwide after Saudi Arabia's Ghawar.
5. Khuzestan. Iran. 100 Billion Barrels?
Not just a field, Khuzestan is the province where 90% of Iran's oil is produced. It borders Iraq and is home to the Ahwaz field, thought to produce 300,000 bpd, and the Yadavaran field, which is being developed by China's Sinopec under a $70 billion deal made in 2004. Last year in the province Iran trumpeted the discovery of an 8 billion barrel field called Soussangerd. Iraq's Majnoon field is thought to extend over the border into Khuzestan territory.
6. Kashagan. Kazakhstan. 9 Billion Barrels.
Discovered in the Caspian Sea in 2000, Kashagan has recoverable reserves of more than 9 billion bbl out of total oil in place of some 38 billion bbl. The reservoir is deep (15,000 feet), the oil is highly corrosive (19% hydrogen sulfide), and getting it is costly ($100 billion-plus in expected project costs). Production is expected to reach 1.5 million bpd by the end of the decade.
7. Khurais. Saudi Arabia. 27 Billion Barrels.
Last year Saudi Aramco put the finishing touches of the $10 billion development of Khurais. This included pipelines to bring 2 million bpd of seawater for injection under the field. This water injection, a technique perfected by the Saudis at Ghawar, is the key to Khurais and its 1.2 billion bpd of output. The field was partially developed in the 1980s with peak production on the order of 140,000 bpd. The reservoir is huge, but because of its complexity this oil is not "easy" like the untapped Iraqi fields.
8. Tupi. Brazil. 8 Billion Barrels.
Discovered off Rio de Janiero in 2006, the Tupi field was revolutionary for Brazil, the first of a rash of mega-discoveries including Jupiter and Carioca that have established the region as one of the world-class oil and gas basins of the world. The fields, in general, are under more than one mile of water, three miles of sand and rock, then another mile of solid salt. Because the salt layer scrambles the signals of seismic testing gear figuring out where to drill the well was extremely difficult. Costly too, at roughly $100 million per well.
9. Carabobo. Venezuela. 15 Billion Barrels.
Bidding on seven blocks in the Carabobo section of Venezuela's Orinoco heavy oil belt will take place at the end of January. The blocks up for bid contain some 15 billion barrels of heavy, tar-like oil. Similar to Canada's oil sands, there's no exploration risk--everyone knows the oil is there, it's just a matter of getting it out. Despite his feverish nationalization of oil fields, banks and retail stores, Venezuela's President Hugo Chavez knows that he needs foreign capital and expertise to unlock the heavy oil.
10. North Slope, Alaska. 40 billion barrels?
By 2025, without new development, North Slope oil output will decline to the point that there won't be enough oil to keep the Trans-Alaskan Pipeline System running. A 2008 Department of Energy study found that the North Slope, including the National Petroleum Reserve parts of the Alaska National Wildlife Refuge and offshore Beaufort and Chukchi Seas could yield nearly 40 billion barrels of oil and more than 125 trillion cubic feet of gas. BP, ExxonMobil and others are itching to build a $30 billion pipeline to carry gas down to the Lower 48. Without political support, it won't happen.
Sunday, February 13, 2011
Biggest Company in the World
No. 1: JPMorgan Chase
Industry: Banking
Ranked 16th last year, JPMorgan Chase is now the world's largest company in US, based on its composite score for sales, profits, assets and market value.
No. 2: General Electric
Industry: Conglomerates
After a one-year reign as the world's largest company in US, General Electric fell to the second spot on our list as sales, earnings and assets declined over the past year.
No. 3: Bank of America
Industry: Banking
The 2009 acquisition of Merrill Lynch helped Bank of America jump from 38th last year to No. 3 in our Global 2000 ranking.
No. 4: ExxonMobil
Industry: US Based Oil and gas operations
Despite a decline in both sales and earnings in the past year, ExxonMobil stayed at the No. 4
No. 5: ICBC
Industry: Banking 
Industrial and Commercial Bank of China is one of four Chinese companies among the top 25 in the Global 2000.
No. 6: Banco Santander
Industry: Banking
Over the past year, a 115% gain in market value helped move this Spanish bank from the ninth spot to sixth overall on this year's Global 2000.
No. 7: Wells Fargo
Industry: US Based Banking
A full year of Wachovia's operations (acquired in December 2008) helped Wells Fargo reach record figures in both sales and profits in 2009.
No. 8 : HSBC Holdings
Industry: US Based Banking
This international banking giant moved up two spots to tie petroleum giant Royal Dutch Shell for eighth position this year.
No. 9: Royal Dutch Shell
Industry: Oil and gas operations from Netherlands
Ranked No. 2 in 2009. Declines in sales and profits pushed this integrated oil company lower in our Global 2000 composite ranking this year.
No. 10: BP
Industry: Oil and gas operations
This U.K. petroleum giant is 10th in our Global 2000 composite ranking, falling five spots from last year.
Saturday, February 12, 2011
Top Ten World Biggest Busiest Ports
1.Singapore
The world's busiest port handled more than 25.8 million TEUs last year. Although the Maritime and Port Authority of Singapore reported a 10% jump in March from a year earlier, the 2.4 million containers shipped that month is still below the port's highest monthly record of 2.7 million TEUs reached in July 2008.
2.Shanghai, China
China became the world's biggest exporter after surpassing Germany last year, and Shanghai was its busiest port with just over 25 million TEUs passing through its facilities. The country's biggest port operator, Shanghai International Port Group, posted a profit of 1 billion yuan ($149 million) in the first quarter after its container throughput rose 15.5%.
3.Hong Kong, China
Controlled by the billionaire Li Ka-shing, Hutchison Port Holdings is the world's largest container port operator with terminals in six of the nine busiest ports around the world. In Hong Kong, it operates 12 berths through its subsidiary and another two through a joint venture with COSCO. Last year Hong Kong handled almost 21 million containers.
4.Shenzhen, China
The second-busiest port on the mainland has been expanding its market share in southern China at the expense of Hong Kong due to its proximity to the factories along the Pearl River Delta. China Merchants Holdings is the largest container port operator in Shenzhen, which processed over 18 million containers in 2009.
5.Busan, South Korea
South Korea's busiest port handled almost 12 million containers last year. Hanjin Shipping, the country's largest container line, expects to return to profitability this year. The company's CEO, Kim Young Min, is the current chairman of the 12-member Transpacific Stabilization Agreement, a shipping cartel that seeks to raise rates through cooperation rather than competition.
6.Guangzhou, China
The third port from a southern Chinese city in the Pearl River Delta, Guangzhou saw just over 11.1 million TEUs pass through its facilities last year. The largest operator is the state-owned Guangzhou Port Group.
7.Dubai, UAE
DP World, the world's fourth-biggest container-terminal operator, is controlled by Dubai World, the state-owned holding company that recently had to restructure $23.5 billion of debt. DP World is seeking to list its shares on the London Stock Exchange. Last year 11.1 million containers passed through Dubai's port.
8.Ningbo, China
More than 10.5 million containers were handled by Ningbo Port, which competes with its much larger and nearby rival Shanghai International Port. Ningbo Port announced in December that it plans to raise about 10 billion yuan ($1.5 billion) through a Shanghai listing in the first half of 2010.
9.Qingdao, China
Dry-bulk carriers lining up at ports like Qingdao and Newcastle in Australia reflect the growing demand for raw materials. Last year Qingdao's container terminals processed 10.2 million TEUs.
10.Rotterdam, Netherlands
Europe's largest port reported that container throughput rose 16% to 2.6 million TEUs during the first quarter due largely to Asian trade. Almost 10 million containers passed through Rotterdam in 2009. The port reported that shipping traffic had increased sharply last quarter, particularly iron ore and scrap, other dry bulk and mineral oil products.
Friday, February 11, 2011
Biggest Companies in the world
Company : JPMorgan Chase
COUNTRY :United States
INDUSTRY :Banking
Company :General Electric
COUNTRY :United States
INDUSTRY :Conglomerates
Company : Bank of America
COUNTRY :United States
INDUSTRY :Banking
Company : ExxonMobil
COUNTRY :United States
INDUSTRY :Oil & Gas
Company : ICBC
COUNTRY :China
INDUSTRY :Banking
Company :Banco Santander
COUNTRY :Spain
INDUSTRY :Banking
Company : Wells Fargo
COUNTRY :United States
INDUSTRY :Banking
Company : HSBC Holdings
COUNTRY :United Kingdom
INDUSTRY :Banking
Company : Royal Dutch Shell
COUNTRY :Netherlands
INDUSTRY :Oil & Gas
Company :BP
COUNTRY :United Kingdom
INDUSTRY :Oil & Gas
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