ARTICLE TITLE: FACTORS THAT DRIVE PRICEY OF PETROLEUM In Malaysia‚ RON 95 and RON 97 petrol has increased prices from years to years. Not only in Malaysia‚ but all the countries in the world are facing same trouble‚ petroleum prices keep increase until it become a economics burden for community. Petroleum prices $36.7 per litre in 1983. In 2005‚ it has increased to $79.9 per litre and last year‚ it also has increased to $134.1 per litre. So‚ what are the factors affecting the prices? First‚ we
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TO: VEFA TARHAN‚ SPECIAL TOPICS IN FINANCE FROM: MAHMUT MACIT‚ AHMET ARDA ATIK‚ CAN KORKMAZ DATE: NOVEMBER 4‚ 2014 CASE: PIONEER PETROLEUM CORPORATION Overview of the Company Pioneer Petroleum Corporation established in 1924 and operating in oil refining‚ pipeline transportation‚ and industrial chemical fields. Company uses weighted-average cost of capital (WACC) as a discount rate to discount future cash flows that generate from possible projects. According to net present values of these possible
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the most important influence on the global petrochemical industry today and will remain so for many years to come. However‚ prospects of a war in Iraq are raising concerns‚ and logistical and feedstock challenges could hem in the region’s growth. Saudi Basic Industries Corp.‚ or SABIC‚ the majority of which is owned by the Saudi Arabian government‚ has grown to 40.6 million metric tons of petrochemical production and sales of $9 billion in 2002 to become the 11th largest petrochemical producer in the
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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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Work Motivation Motivation at Norsk Petroleum SUBMITTED BY: S. L. REAMS MGT302 :: Org. Behavior and Teamwork Module 1 – Case Assignment Trident University 22 July 2013 The word motivation is derived from the Latin word “movere” which means “to move” and it is defined as an internal drive that activates behavior and gives it direction. Motivational theory looks at the processes that activate and direct human behavior and it can be divided into two categories‚ content
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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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Conflict in Organizations Texana Petroleum Corporation Background The Texana Petroleum Corporation is a multi-million dollar company and major producer and marketer of petroleum products located in the southwest United States. Texana has five product divisions: Petroleum Products Division‚ Polymer and Chemicals Division‚ Molded Products Division‚ Packaging Products Division and Building Products Division. The President and Chief Executive Officer‚ Roger Holmes retired in 1993 and was replaced
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CENTRE FOR ENERGY‚ PETROLEUM AND MINERAL LAW AND POLICY STATEMENT OF ORIGINALITY I.D. STUDENT: 120023681 PROGRAMME: MSC INTERNATIONAL OIL AND GAS MANAGEMENT MODULE: CP51005 Name: International Petroleum Law and Policy HOW EFFECTIVE IS THE ARBITRABILITY OF TAX DISPUTES AT A PRE-PRODUCTION STAGE IN INTERNATIONAL COMMERCIAL ENERGY DISPUTES? A case of Heritage Oil & Gas Ltd Vs Uganda Revenue Authority Abstract: What makes arbitrability a contentious issue in arbitration
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hints for completing this questionnaire | This objective of this questionnaire is to increase the public’s awareness about [Name of Company]’s new idea of introducing a metered petroleum gasoline distribution system to the Jamaican consumers and to obtain documentation of the publics opinion of the new system. The questionnaire should be completed by any resident aged 18 or over living at this address. Please read each question
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Discussion: Continuous distillation‚ a form of distillation‚ is an ongoing separation in which a mixture is continuously (without interruption) fed into the process and separated fractions are removed continuously as output streams. A distillation is the separation or partial separation of a liquid feed mixture into components or fractions by selective boiling (or evaporation) and condensation. A distillation produces at least two output fractions. These fractions include at least one volatile
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