Essays On Petroleum

Nigeria is referred to as the “giant of West Africa,” with a population of over 98 million, and a land mass of twice the size of California (Lawrence, “Shell Oil in Nigeria”, 2008). Nigeria is the sixth largest oil producer in the world, currently over 95 percent of its foreign exchange market is from the […]

My Hometown, Ahvaz is a big and vast city in the west of Iran. It’s an overcrowded city with about 2 million people in a variety of almost all tribes of Iranian that live together with a sense of community and a little racism somehow In every tribe too. However, Ahvaz is very important city […]

Just like other goods, the prices of crude oil experience significant shifts during times of surplus or shortage. The pricing cycle of crude oil can extend over several years, reacting to changes in use and the tactics of both OPEC and non-OPEC participants. This has been clearly observed in the major changes seen in the […]

Airlines must establish cost leadership to gain a competitive advantage in the industry, as competition poses a significant threat. Managing increasing operational expenses and decreasing revenues is a major challenge for the airline industry as it seeks to maximize profits. Therefore, airlines must understand the costing process and explore various strategies to reduce costs. To […]

The oil spill at the BP drilling site in the Gulf of Mexico rapidly transformed into a major environmental catastrophe from a localized incident. It originated from the explosion of the deeper Horizon Offshore drilling rig, resulting in an alarming surge of oil to the surface. The daily volume of oil being released was estimated […]

Due to this, specific companies redirected their focus towards natural gas. The demand for alternative energy sources is on the rise, however, crude oil remains in high demand. Gasoline and fuel oil continue to be the primary fuels, creating a worldwide need for crude oil. The non-renewable nature of petroleum may result in future shortages […]

Fossil fuels provide both energy and raw materials such as ethylene, for the production of other substances construct word and balanced formulae equations of chemical reactions as they are encountered. There are three important steps involved:  Show all reactants and all products in the word equation. Write the correct formula for each reactant and each […]

Real Life Application of Transportation Problem Submitted to: Prof. Hitesh Arora Submitted by: Abhay Sawhney (201055) Executive Summary Transportation Problem involves distribution of a certain commodity from several origins to a number of destinations. The aim in the whole process is to minimize the costs involved. A necessary condition for the solving of the transportation […]

Manufacturers have the ability to adopt eco-friendly practices. Responsible companies continually research ways to preserve the environment for future generations. While some manufacturing companies comply with the EPA’s guidelines, there are those that surpass expectations. In my view, Shell Gas is at the forefront of environmental conservation efforts. Shell actively reduces energy and water consumption, […]

Memo Memo to Bob Friary Executive Vice President, Safety and Operational Risk Dry Brian Calvary Chief Financial Officer of British Petroleum: Introduction As we are sure you are already familiar with the British Petroleum organization, a lot of the information included in this memo may seem unnecessary directed only to you. It is vital to […]

Reconsider the case study presented In the supplement to Chap. 8 (on the CD-ROOM) Involving the Texaco Corp.. Site selection problem. Texaco management has tentatively chosen SST. Louis as the site of the new refinery. However, management now is addressing the question of whether the capacity of the new refinery should be made somewhat larger […]

This chapter will provide basic knowledge of Shell Nigeria Oil Company and its operation in Nigeria, in particular regarding its ethics, performance, social involvement, contribution to national income and its contribution to keeping the environment green. Since the Rio Conference of 1992 the code of conduct for all extractive industries including crude oil mining companies […]

Kamal Nath, Union Minister (commerce and industry), in May 2005. Introduction In May 2006, ONGC Ltd. (ONGC), a major Indian public sector company in the petroleum industry, received the ‘Golden Jubilee Award for Corporate Social Responsibility in Emerging Economies – 2006’, at the 7th International Conference on Corporate Governance organized by the World Council for […]

The prices of essential commodities such as pulses, vegetables, and cereal items are expected to rise due to an increase in transportation cost. Moreover, the cost of cooking gas has gone up by 35 Rs. per 14.5 kg cylinder. This will create difficulties for the common man who is already dealing with the negative effects […]

Kazakhstan’s oil supply chain management is hampered by limited refining capacity and the existence of multinational corporations. The country heavily depends on its abundant oil reserves to boost revenue and enhance living conditions. Despite having minimal refining capabilities, a considerable portion of these facilities is situated outside the Republic. Furthermore, Kazakhstan collaborates with MNCs to […]

The global scope of concern is a significant matter that includes not just the export of goods but also trade services, franchising licensing, and foreign investment. In contrast, domestic business is confined to a specific area where the company establishes various ventures within one boundary. There are numerous advantages to international business compared to domestic […]

The term ‘Ethics’ is derived from the Greek word ‘ethos’ and refers to the character, conduct, feelings, moral nature, or guiding principles of individuals, groups, or institutions. It encompasses a set of rules or standards that govern human behavior for both individuals and organizations. Ethics is considered as the scientific examination of moral principles and […]

The MBA program provides students with a solid foundation in business and organizational functions, along with exposure to strategic management thinking. As part of our curriculum, we completed a “comprehensive project report” on the crude oil industry. Practical studies allowed us to apply theoretical knowledge effectively. This report offers an overview of how the crude […]

Environmental Management System Abstraction The implementation of Environmental Management Systems (EMS) has been increasing recently, with companies choosing systems like EMAS and ISO 14001. This trend is particularly noticeable in the industry sector, as certification holds significance.ISO 14001 is popular worldwide, while EMAS incorporates ISO 14001 standards and appeals to entrepreneurs due to its inclusiveness […]

The recent slowdown in the annual growth rate of the Indian economy, which has been consistently at 8% or higher over the past three years, is causing concern among experts. They attribute this downturn primarily to the increasing prices of crude oil, which are defying supply and demand logic and leading to reduced economic activity. […]

This study critically analyzes responsible management, with a specific focus on the background of responsible management and PRME. The study is divided into three parts. The first part discusses the backgrounds of the oil industry and Royal Dutch Shell Plc. The second part explores the activities of the company, corporate social responsibility, and related issues. […]

Executive Summary BP, a major energy corporation focused on crude oil, has suffered damage to its reputation due to recent accidents in the crude oil sector. With limited petroleum oil supply and growing public concerns about environmental impacts and reliance on oil, it is crucial for oil companies to explore alternative investments. To address this […]