Changes in 2012 ERP® Examination Study Guide Changes in ERP® Study Guide for 2012 NEW READINGS New Readings for Hydrocarbon Resources 1. Charlotte Wright and Rebecca Gallun. Fundamentals of Oil & Gas Accounting‚ 5th Edition (Tulsa‚ OK: PennWell‚ 2008). • Chapter 15 ....................Accounting for International Petroleum Operations 2. Bunkerworld. D2 and No.2 Diesel Fuel: An Introduction. (Online reading) 3. Vivek Chandra. Fundamentals of Natural Gas: An International
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Analysis Situation Summary We are representing Harborco‚ a newly formed consortium who has submitted an application to the Federal Licensing Agency to build and operate a deepwater port off the coast of Seaborne. The consortium is made up of a variety of enterprises‚ which are diversified among a number of commercial activities. Harborco will participate in financing‚ construction‚ and operation of the port. The port will be the first of it’s kind on the East Coast‚ located in Seaborne on the
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affected by the oil industry is through both the drilling and the transportation processes. The chemicals used in the drilling can be harmful to the environment‚ drilling itself poses a great danger‚ for instance in case of an oil spill (as the Deepwater Horizon oil spill showed)‚ and as the Exxon Valdez disaster so evidently portrayed‚ transportation can be equally as devastating to the environment. In addition to this‚ the actual burning of oil as a fuel creates havoc in the environment‚ contributing
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Port of Shanghai Port of Shanghai is an important port in China as well as in the whole world. The port is located in Shanghai‚ on the mouth of the Yangtze River in east central China off the East Sea. It is the busiest port in the world‚ the gateway in Asia for foreign trade‚ China’s largest comprehensive port and transport hub for Yangtze River region that handles or trans-ships goods from other 31 provinces within China. In 2012‚ its cargo throughput reached 502 million metric tons‚ and container
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nonrenewable energy sources. When a company tries to reposition itself as socially responsible and sustainable‚ it has an obligation to attempt to fulfill those policies. However‚ BP’s efforts backfired when on April 20‚ 2010 the explosion of the Deepwater Horizon oil rig‚ operated under the oversight of BP‚ created one of the greatest offshore oil disasters in history. This unfortunate event has made BP the poster boy for negligence and environmental degradation. Not until August 2010 did there appear
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------------------------------------------------- Noun | 1. | water pollution - pollution of the water in rivers and lakespollution - undesirable state of the natural environment being contaminated with harmful substances as a consequence of human activities | ------------------------------------------------- ------------------------------------------------- http://www.thefreedictionary.com/Water+pollutant ------------------------------------------------- -------------------------------------------------
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and strategies used when a crisis occurs‚ and how an organization successfully could communicate to their stakeholders. On April 20th 2010 the Deepwater Horizon rig exploded in the Gulf of Mexico‚ and 11 employees of BP were killed and 17 injured. Moreover‚ a massive oil spill followed and caused a large environmental damage in the sea. The Deepwater Horizon rig was owned by Transocean but it was controlled by British Petroleum. The explosion and damages afterwards were the worst in the US history
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Effects of offshore drilling Offshore drilling also known as Seaward boring is a topic that has brought controversy for a few decades‚ the drilling in United States coast has been detrimental in helping the economy and political stand in the country; however this process is extremely dangerous to the environment‚ individuals and animals‚ Case in point‚ the oil slick in the Gulf a couple of years prior significantly harmed nature and marine life Boring ashore is an immense extend in itself in addition
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A concrete culvert separates water into a canal that feeds marshes behind Breton Sound. Breton Sound has been losing land but this diversion has shown to increase marsh and freshwater plant acreage. Coast 2050 also recommended that federal agencies should dredge souls and old sand bars to create new marshlands. Other things that were recommended were to plug up the Mississippi Gulf Outlet‚ and to build up barrier islands which are the first and main defense against hurricanes. But the cost for these
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Oil fields off the Brazilian coast led it to evolve into a world leader in deepwater exploration. In 1997‚ a change in the law meant it had to compete with other oil companies in Brazil for the first time. In 2000‚ a third of the company’s shares were sold to the public and the government further reduced its holding later‚ making the company a darling both of Brazilians and investors. Petrobras expanded into deepwater areas in Angola and the Gulf of Mexico and became one of the few national
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