Petroleum Company British Petroleum Company (BP) is a British multinational oil and gas company. It is the third-largest energy company and fourth-largest company in the world. It is vertically integrated and operates in all areas of the oil and gas industry‚ including exploration and production‚ refining‚ distribution and marketing‚ petrochemicals‚ power generation and trading. It also has renewable energy activities in biofuels and wind power. BP has operations in over 80 countries‚ produces around
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The Effects of Oil Spill After the oil spilled over‚ did people’s life change? For sure‚ it affects a lot to human’s lives. However‚ what are those effects? Three major places which are affected by oil spill are business marketing‚ people’s health‚ and environment. The first effect is the economic effect. The tourist season was killed because of the oil spill. The ocean which is full of oil is very unclear‚ and nobody wants to have a vacation at a place like this. The killed tourist season is
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Trí BTBTIU12026 INTRODUCTION WHAT IS AN OIL SPILL? An oil spill is the discharge of a liquid petroleum hydrocarbon into the environment‚ especially marine areas‚ due to human activities‚ and is one form of pollution. An oil spill occurs when a vehicle‚ vessel‚ pipeline or drilling rig releases petroleum products into the environment uncontrollably. The first major oil spill on record happened when the Thomas W. Lawson schooner became beached in the Isles
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I. OIL SPILL Oil spill is the release of a liquid petroleum hydrocarbon into the environment‚ especially marine areas‚ due to human activity‚ and is a form of pollution. The term is usually applied to marine oil spills‚ where oil is released into the ocean or coastal waters‚ but spills may also occur on land. Oil spills may be due to releases of crude oil from tankers‚ offshore platforms‚ drilling rigs and wells‚ as well as spills of refined petroleum products (such as gasoline‚ diesel) and their
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Gulf Oil Spill Paper ENV/100 January 09‚ 2013 Gulf Oil Spill Paper On April 20‚ 2010 an explosion on an oil rig in the gulf of Mexico killed 11 people but also unleashed “the worst environmental disaster in U.S. history”(Center for Biological Diversity). A study I came across when researching this disaster by the Center for Biological Diversity shows us the more than 82‚000 birds‚ about 6‚000 sea turtles‚ and nearly 26‚000 other marine animals were harmed due to this oil spill. Not only were
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Going Concern in a Credit Crisis – Call for Your Views Steve Priddy Director of Technical Policy and Research October 2008 You can comment on this piece at http://discuss.accaglobal.com/view_topic.php?id=49&forum_id=62 One of the fundamental accounting concepts is that financial statements are prepared on a going concern basis – that is that there is an underlying assumption that the entity will continue in operational existence for the foreseeable future and that the entity has neither the intention
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transactions. Most individuals are familiar with intermediaries employed within the law or financial industry. Financial intermediaries will provide insurance‚ mortgage or investment products to their clients. Full-size organizations like Royal Dutch Shell and BP will employ intermediaries for more than just legal or financial necessities. On this large business scale‚ intermediaries are drawn upon for many forms of negotiation. For example‚ Royal Dutch Shell intermediaries have been involved with settling the
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‘international concern’ test from Koowarta v Bjelke – Petersen[1] been effectively rejected following the decision of XYZ v Commonwealth[2]? What practical role‚ if any‚ could the test play in future cases? By Paul McKay (87/100 – High Distinction) Abstract During the 1980’s some High Court judges suggested that the external affairs power[3] includes a power to legislate on matters of ‘international concern’. This paper will trace the development of the ‘international concern’ doctrine
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Leader: James Milne Student Full Name: Desmond Guy Harvest Student ID: 31661 Resit Assignment Essay Abstract: The intention of this Essay is to examine about sufficient understanding BP‚ which is one of the biggest well known since 1908. However the saddest oil spill disaster has taken way the life of 11 BP Employees‚ but it also made an impact in the environment such as ecosystem‚ the ocean’s suffer from oil covering bodies‚ and some are dead due to consuming polluted water. Indirectly causes
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meet short-term debt requirements‚ BP was more able to meet their short term debt obligations in 2005 than 2004. From 2001 to 2003 the current ratios were 1.0767‚ 0.9733‚ and 0.9600 respectively. In 2001‚ 2002‚ and 2004‚ BP?s current liabilities were greater than current assets‚ indicating that BP may have faced some difficulty in meeting short-term debt obligations during these years. In 2003 and 2005 the current ratios were greater than 1‚ representing that BP?s current assets were greater then
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