Edited Transcript of MOL.BU earnings conference call or presentation 2-Aug-19 8:00am GMT

Budapest Aug 13, 2019 (Thomson StreetEvents) — Edited Transcript of MOL Plc earnings conference call or presentation Friday, August 2, 2019 at 8:00:00am GMT MOL Magyar Olaj- es Gazipari Nyilvanosan Mukodo Reszvenytarsasag – Executive VP of Downstream Division MOL Magyar Olaj- es Gazipari Nyilvanosan Mukodo Reszvenytarsasag – COO & Executive VP of Consumer Services Ladies and gentlemen, welcome to MOL Group’s Release of Second Quarter 2019 Results Conference Call. I will now hand you over to your host, Mr. Robert Rethy, Head of Investor Relations. Sir, please go ahead. Thank you very much, and good morning, ladies and gentlemen. Welcome to MOL’s Second Quarter 2019 Results Conference Call. My name is Robert Rethy. I’m Head of Investor Relations. And we have senior management here with me today to discuss the recent developments. Let me welcome József Simola, the group’s Chief Financial Officer; Ferenc Horváth, Executive Vice President of Downstream; Tom Quigley, Chief Operating Officer of Upstream; and Péter Ratatics, Executive Vice President of Consumer Services, who is dialing in remotely today. Also as usual, we are using the prese...

SIO Offers High-Pressure Ball Valves for Safe Storage of Energy in Natural Gas Industries

Ningbo, China, August 29, 2019 –(PR.com)– SIO, a leading industrial valve manufacturer in China, now manufactures high-pressure ball valves that are useful in natural gas applications. The demand for energy worldwide is increasing and the pressure to meet such demand has become more challenging. Fortunately, the natural environment provides various resources, making renewable energy a significant resource. SIO understands this issue and is now doing their part in providing safe and reliable ball valves to ensure that energy requirements are met properly. The Increasing Demand of Energy The global demand for energy is continually increasing due to the rapid increase of population and economic development. The more a country develops, the more energy-consuming activities it has. These include manufacturing, transport, storage, and provision of services, such as electricity, water, and treatment of wastewater. Not only do these require energy, but they also require safe operations wherein ball valves play an essential role. There is also the threat of an energy crisis. There might still be a lot of energy reserves left, such as oil, coal, and fossil fuels. However, thes...

After a year of planning; designing; fabricating; and an around-the-clock, 84-hour installation, “Wake” made its debut

After a year of planning; designing; fabricating; and an around-the-clock, 84-hour installation, “Wake” made its debut in Times Square on July 11, 2018. (Left to right)University of North Carolina-Asheville sculpture student Jeb Hedgecock; engineering seniors Kyle Ward and Kaitlin Thomas; STEAM Studio Director Sara Sanders; and engineering seniors Brittany Hand, Zoe Rorvig, Jacob Fink, and Elijah Nonamaker comprised the installation team. Photo by Adam Taylor. You wouldn’t think a story involving conceptual art and a university-based maker space would have a lot to do with metal fabricating, but you’d be wrong in this one instance. In fact, if your shop has ever thought about expanding its cutting capabilities with a waterjet, you might want to keep reading. The story begins in 2016 when the University of North Carolina-Asheville’s engineering department was in dire need of an expanded workshop. It had only about 1,500 square feet stocked with old metalworking equipment, and the program was expanding, accommodating more students interested in the school’s mechatronics curriculum. University administrators recognized the challenge, but also saw an opportunity to address another ...

Japanese netizen’s sole talent of making dense foam out of face wash impresses Internet

There are all kinds of people in the world with all kinds of talents. Some people are good at many things, while others focus on one thing like illustrating, or creating animated videos. Still others have unusual but equally impressive niche talents, like snapping their fingers really fast, or, in the case of a recent viral Japanese netizen, making giant foamy clumps out of a small drop of face wash. In the above astonishing video, Twitter user Karin (@na_mi_da) shows how they transform a small, quarter-sized drop of face wash into an enormous and fluffy cloud of soap bubbles. Using their hands, Karin pushes, mixes, and squeezes the soapy liquid, and, carefully adding a little bit of water at a time to make it nice and frothy, they slowly but surely build up the soap cloud… Although Karin demonstrates a sense of humility as they caption their first video with, “I, who am nothing, have but one talent, so I would like to show it to you,” clearly they are enormously talented in at least this one aspect of their life and should be immensely proud. To some, it may seem like a useless talent, but actually Karin says that it makes a more dense foam than even pump-dispensed foaming fac...

CENTRAL: Rains helped grasses, but record high temperatures were drying soils quickly. Amounts ranged from 3/10

CENTRAL: Rains helped grasses, but record high temperatures were drying soils quickly. Amounts ranged from 3/10 of an inch to 3/4 of an inch of rain. Soil moisture levels were short in most areas. Rice was not doing well. Temperatures were above 100 degrees. Pasture conditions were declining. Hay fields were cut and barely greening up afterward. Livestock were in good condition. Fungal diseases were still a problem in trees. Livestock were in average condition. Heavily stocked pastures did not rebound due to lack of rainfall. Corn and grain sorghum were harvested. Early cotton looked good, and later-planted fields looked stressed. Bolls were opening. Grain harvests were over for most producers, and yields varied. Cattle were in good body condition, and stock ponds were holding steady. ROLLING PLAINS: Conditions where hot and dry with several counties reporting large fires. The Bird Ranch fire in Cottle County was estimated to have affected around 9,900 acres; Hardeman County’s Copper Breaks State Park fire was estimated at around 7,200 acres, while the Vivian fire in Foard County has burned 11,000 acres. The fires were still not 100% contained. Cotton fields were blooming, and b...

Cullinan boldly powers into the future with Zest WEG Group

It has been nine years since LSE-listed diamond miner Petra Diamonds acquired the Cullinan diamond mine from De Beers. A subsequent large-scale investment into expanding the operation has increased its operational lifespan by at least 12 years, with additional benefits gained from a new, technologically advanced, streamlined and efficient processing plant. Together this is supported by an entirely new power system and equipment delivered by electrical solutions provider Zest WEG Group. LAURA CORNISH visited the site to learn more about the project’s exciting development and milestone achievements. Petra Diamond’s multi-million Rand cash injection into expanding Cullinan has ensured the mine’s lifespan has continued well beyond De Beers’ original closure date in 2014 – now estimated to run until at least 2030. The project specifically entails the development of a new C-Cut expansion to open up an entirely new and undiluted ore body (to a depth of 839 m) below the existing and largely mined out resource. Increased tonnages from the new mine will also increase diamond production to ca. 1.7 Mctpa (1.6 from ROM and 0.1 from tailings) – more than double what the mine was produci...

It’s amazing how a simple set of lights can transform your backyard into a festive nighttime

It’s amazing how a simple set of lights can transform your backyard into a festive nighttime wonderland. What’s more, solar-powered lights will allow you to create this glowing oasis without having to deal with clunky outdoor plugs. To help you find the right set, I’ve made a list of the best solar string lights out there. Here are the qualities I looked for: In addition to these factors, I read through the reviews carefully, choosing lights with lots of positive feedback from customers. Some of my picks have more than 1,000 fans who’ve attested to their greatness. Take a look below to find the best outdoor string lights for you. What’s great about them: With more than 1,600 reviews, these super popular solar-powered LED string lights have tons of fans on Amazon. Reviewers say they’re easy to string up thanks to the bendy copper wire that’s flexible and simple to twist. They emit a warm but bright glow and feature eight lighting modes including options like “fireflies,” “twinkle,” and “waves.” They’re 33 feet long with a waterproof, heat-resistant design, and they can last up to 10 hours once ful...

Despite investigations by United Utilities, Lancashire County Council and Pendle Borough Council, the source of the

Despite investigations by United Utilities, Lancashire County Council and Pendle Borough Council, the source of the organge water in Knotts Lane is still not clear. Waterside Colne town councillor Alice Mann, who lives on Knotts Lane, said that the orange water had again been gushing up out of the gully grates at the bottom of Hawley Street, and pouring along Knotts Lane in front of the new shops by the viaduct. She said: “The various bodies have been trying to sort it out but we are all very worried and hope it will be sorted out very quickly.” Her Liberal Democrat colleague Coun. Tony Greaves, who represents Waterside ward on Pendle Council, said: “Pendle Council has taken the lead in analysing the water. There is a lot of iron, and aluminium and manganese. “It’s thought this is coming from the rocks and soil on the hillside above, and is not a serious danger to health, but just where it is coming from is so far a mystery. It seems it is not from the ordinary network of drains in the streets above.” The problem arose last winter but during the summer LCC cleared the gullies on Knotts Lane and the drains were taking the water under the road and straight into the beck (Col...