flagship national oil company with business interests straddling the entire hydrocarbon value chain – from refining‚ pipeline transportation and marketing of petroleum products to exploration & production of crude oil & gas‚ marketing of natural gas and petrochemicals. It is the leading Indian corporate in the Fortune ’Global 500’ listing‚ ranked at the 83rd position in the year 2012. With over 34‚233-strong workforce‚ IndianOil has been helping to meet India’s energy demands for over half a
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An Industrial Analysis on OIL AND GAS Industry With specific references to Indian oil‚ HP Gas‚ Bharath Gas‚ Oil and Natural Gas Corporation Ltd. Submitted to Lakireddy Balireddy College of Engineeing(Autonomous) Mylavaram In partial fulfillment of the Requirement For the award of the degree of MASTER OF BUSINESS ADMINISTRATION Submitted by KANDUBOTHU CHITTI BABU (REG. No. 121E00020) Under the esteemed guidance of Dr.T.RAJASEKAR ‚ M.B.A‚PhD. FACULTY‚ DEPARTMENT OF MANAGEMENT STUDIES
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Introduction For over twenty-one years‚ fuel price in Malaysia has been fluctuating ever since. Back then‚ the cost of a litre of petrol was only RM0.89. The history of fuel price increment started since the year 1990 when petrol price increased to RM1.10. Today‚ the price of a litre of RON97 is retailed at RM2.40 while RON95 at RM1.90. Malaysia government is subsidizing fuel pump at around 40 sen per litre and had already spent up to RM56 billion by giving gasoline‚ diesel and gas subsidies each
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3. India depends on imports for 75% of its oil needs. Analysts feel that the demand for oil will increase further in the future. With the help of facts and figures evaluate the extent of the problem and future threats that India could face due to excessive dependence on imports. What concrete steps should India take to become a less oil dependent economy? • Introduction with figures telling the current dependence of India on imports for oil needs • Figures and facts for problems and
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The Organization of the Petroleum Exporting Countries (OPEC) is a permanent‚ intergovernmental Organization‚ created at the Baghdad Conference on September 10–14‚ 1960‚ by Iran‚ Iraq‚ Kuwait‚ Saudi Arabia and Venezuela. The five Founding Members were later joined by nine other Members: Qatar (1961); Indonesia (1962) – suspended its membership from January 2009; Libya (1962); United Arab Emirates (1967); Algeria (1969); Nigeria (1971); Ecuador (1973) – suspended its membership from December 1992-October
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Why Water Is Called The New Oil? Ashley Buckhanon Bethel University Abstract This paper is about providing safe drinking water to the world’s 6.9 billion and growing population is one of the greatest challenges of the century. Consideration of the global water cycle‚ however‚ shows that the available renewable freshwater resources exceed the current human demand by roughly a factor of 10. Scarcity results from the uneven spatial and
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study of how A. prices and quantities of goods and services are determined in markets B. private firms and households respond to taxes and subsidies C. people make choices in the presence of scarcity and the results of those choices. D. interest rates and exchange rates are determined 2. The scarcity principle implies that A. people will never be satisfied with what they have B. as wealth increases‚ making choices becomes less necessary C. the prices of scarce goods must
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BCG MATRIX FOR PSO (PAKISTAN STATE OIL) As according to BCG MATRIX are those compounds which have high growth rate and big share in the market so here in the case of Pakistan State Oil CNG (Compressed Natural Gas) is included in stars because the CNG of PSO is very pure and the pressure of CNG on the petrol pumps is very high but whereas the CNG of other petrol pumps is not very pure. The CNG of other petrol pumps also contain small amount of air and the pressure of CNG on other petrol pumps is
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CRUDE OIL HISTORICAL DEVELOPMENT 1990 -‚ The price of crude oil spiked with the lower production during Kuwaiti invasion by Saddam Hussein forces 1994 - The Gulf War to liberate Kuwait‚ crude oil prices declined. In 1994‚ the inflation adjusted oil price reached the lowest level since 1973 The United States economy was strong and the Asian Pacific region was booming which extended into 1997. From 1990 to 1997‚ world oil consumption increased 6.2 million barrels per day. Declining Russian
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area because (1) they cannot afford to live in other areas of the city‚ (2) they prefer to live with people of their own ethnic group‚ or (3) there is discrimination against them in other areas of the city. Rents paid are a very high percent of peoples’ incomes. (a) Would the demand for apartments in this area be relatively inelastic or relatively elastic? State why. (b) Would the supply of apartments in this area be relatively inelastic or relatively elastic? State why. 1 (c) Draw the demand and
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