Topic: IFRS and US GAAP in the Oil and Natural Gas Industry Summer 2013 July 17‚ 2013 Introduction Many countries in the world speaks many different languages when it comes to financial reporting. When one compare the accounting standards years ago to what is seen today‚ it’s shown that investors tolerated a great deal. As the markets are becoming global‚ investors are choosing the better global accounting standards that are available to them. For this reason‚ this paper will point out the International
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WHAT IS COAL SEAM GAS (CSG)? CSG is a naturally occurring methane gas which is known as Coal Bed Methane (CBM). It is a-by product of ancient plant matter that has formed over millions of years by the same natural processes which produce coal. Not long ago this gas was identified as a major problem in the underground coal mining industry due to it’s high flammability despite this‚ it is now recognised as a very profitable resource. The coal seams are generally filled with water and it is the
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analogue experiment blind design case study confound control group correlation correlational method dependent variable double-blind design epidemiological study A research method in which the experimenter produces abnormal-like behavior in laboratory participants and then conducts experiments on the participants. An experiment in which participants do not know whether they are in the experimental or the control condition. A detailed account of a person’s life and
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The global oil and gas industry also involves the exploration and production of commodity and energy trading‚ pipeline monitoring and renewable energy. Petroleum is proved to be one of the most valuable commodities in the world today and a vital factor in the sustenance of industrial civilization. Crude oil production accounts for a significant amount of the world’s oil consumption‚ approximately 53% in the Middle East‚ 32% in Europe and Asia‚ 44% in South and Central America‚ 41% in Africa and
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Tuskegee Experiment is one of the unethical Health Researches done in the United States. The way the research was conducted was against people’s civil rights. Totally secretive and without any objectives‚ procedures or guidance from any government agency. During the time that the project was launched there were very few laws that protected the public from medical malpractice or from plainly negligence. Also the Civil Rights act did not pass until the 1960’s. Before the Tuskegee Experiment in 1926
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Engineering Workshop 1 Exhaust Gas Treatment Index of contents Introduction Waste gas with harmful traces of gas must be burned in an afterburner. To destroy the harmful traces the temperature after the burner must achieve 900°C. The preheater can`t resist a temperature of 700°C. Therefore quench water in a mixer will be used to protect the heat exchanger. The waste gas has the following properties: Waste gas composition: Mole fraction(= 0‚9890
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Shale Gas(셰일 가스) Shale is one of the most common sedimentary rocks in the world and it is primarily composed of clay and fragments of other minerals such as quartz and calcite. Shale can be the source‚ reservoir and the seal for natural gas. Shale formations normally have low permeability (limited ability for gas or fluids to flow easily through the shale formation) and normally require stimulation techniques (such as fracturing) to economically produce shale gas. Shale gas is natural gas that
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can cut thicknesses from 0.5mm to 2‚500mm‚ the equipment is low cost and can be used manually or mechanized There are several fuel gas and nozzle design options that can significantly enhance performance in terms of cut quality and cutting speed. Process fundamentals The cutting process is illustrated in Fig. 1. Basically‚ a mixture of oxygen and the fuel gas is used to preheat the metal to its ’ignition’ temperature which‚ for steel‚ is 700°C - 900°C (bright red heat) but well below its melting
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weapons became popular. Poison gas‚ such as mustard and chlorine became the number one thing to use. Gas was invented to cause fear to the soldiers the army was fighting. The gas could cause death quickly over a few days which was why poison gas was the most feared of all the soldiers. Poison gas could be used when the soldiers wanted to knock out a large amount of people without having to do much. Gun shots from a machine gun were more common but using the gas put the soldiers in more pain which
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Professor Honeycutt English 1010 December 10‚ 2012 Gas Prices too high to pay Today gas prices have crept up to just over fifteen dollars a gallon. Due to rapidly depleted resources‚ the price of oil has gone to five hundred and thirty dollars; therefore the final price of gasoline had to increase. This has caused extreme violence to erupt all over the nation‚ especially at the gas stations themselves. People‚ in order just to fill up their gas tanks have had to sacrifice many things in their daily
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