Global Business and Economics Research Journal ISSN: 2302-4593 Vol. 2 (5): 102 - 115 The impact of petroleum on economic growth in Nigeria Michael Baghebo Niger Delta University‚ Bayelsa State‚ Nigeria baghebomichael@yahoo.com Timothy Okule Atima Niger Delta University‚ Bayelsa State‚ Nigeria Abstract The study examines the impact of petroleum on economic growth of the Nigerian economy. Data covering the period 1980-2011 was collected from the Central Bank of Nigeria Statistical Bulletin
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MEMORANDUM TO: Board of Directors‚ British Petroleum FROM: RE: Impact of On the Job Training DATE: February 10‚ 2013 INTRODUCTION Occupational Safety and Health is a major responsibility to all employers. It becomes more of a factor when the nature of the business involves hazardous materials and environments. In order to ensure that businesses are functioning properly and efficiently‚ it is imperative that companies are staffed with individuals who are trained properly in their occupation
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Revenue‚ Capex‚ Opex 3 Reserves 3 Sunk costs: 3 Opportunity Costs: 3 Royalty‚ Tax‚ Ring fencing 4 Types of Petroleum Fiscal Regimes 4 Net Cash Flow 4 Concessionary system vs. Production Sharing contracts 5 Going Internation – Bidding Process 5 Economic Modelling 6 Production Costs 7 Wildcat 7 What is the wild cat success ratio? And what are the considered factors? 7 Depreciation 8 Abandonment 8 Goodwill‚ Leases‚ Ringfencing 9 Volatility of Crude Oil 9 Volatility of Gas 10 Forecasting 10 Opportunity
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VINAND PETROLEUM CASE Financial statements could be examined with varied degrees‚ as part of the client acceptance procedures Paige CPA got to perform a horizontal and vertical analysis‚ and financial ratio analysis of Vinand Petroleum financial statements. These procedures are not as in depth as other procedures used by auditors on financial statements‚ but these procedures may show areas of concern for auditors. From 2006 to 2007‚ Vinand’s long term debt tripled and its interest expense paid for
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Beyond the Ordinary Inside the Ateneo de Manila University is a hectic and busy population of students . Clearly seen by the bags under their eyes‚ these students have been through numerous tension due to the load of studies they’re having. Fortunately‚ beyond all those problems ‚there is a sanctuary where students can reside to ease up their stress. A restaurant so accessible that is just within the school itself. Hidden under the University Dorm‚ is a concealed restaurant exceeding your
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Detail of Company: SapuraKencana PETROLEUM ( Kencana Fabrication Yard) Kencana Marine Sdn. Bhd. Plot D1‚ Lumut Port Industrial Park‚ Kampung Acheh‚ Mukim of Lumut Daerah Manjung‚ 32000 Setiawan‚ PerakDarul Ridzuan‚ Malaysia. Date of visit: The interview was done at Marine Island‚ 11/03/2013 (Monday) Nature of business: SapuraKencana Petroleum Berhad provides integrated oil and gas services and solutions. The company engages
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Beyond the bean Team members: Taylor ConardSalma Saleh Lorenzo MartinelliBader Alanazi Intro The partners of Beyond the Bean want to combine a traditional coffee shop with table/ board game rentals‚ where customers can socialize‚ in a relaxing environment. Our case analysis will demonstrate the appropriate decisions Beyond the Bean should apply to their business plan in order to achieve their goals. The report clearly identifies the problems within the case‚ and what choices the business should
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Master of Business Administration Topic-The Indian Petroleum Industry International Business & Trade Operations Management Module BM6913 Module Leader-Enda Murphy Paul Taffee Submitted by-Charles Daniel-17387781 Abhishek Pathy-1716093 Sarthak Das-1749108 Introduction to the Petroleum Industry. The petroleum industry includes the processes of refining‚ extraction‚ refining‚ transporting (often by the oil tankers and pipelines)‚ and marketing them. The larges t volume
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downstream sector encompasses the refining‚ storage‚ distribution and marketing of petroleum products: • Refining Process: Crude oil is processed and refined into more useful products; • Storage: The products from the refining process are stored at depots via pipeline‚ land (trucks & rail) and sea (barge/vessel). These storage facilities are also called tank farms or terminals • Distribution and Marketing: Petroleum products are distributed from storage locations to the end-user directly or through
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A Report On Castrol India Ltd.‚ Mumbai Assignment: Supply Chain Executive Summary Castrol India LTD. Castrol India Limited is a Public Limited Company with 70.92% of the equity held by Castrol Limited UK (part of BP Group).From a minor oil company‚ with a share of about 6% in 1991‚ Castrol India has grown to become the second largest lubricant company in India with a market share of around
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