Palm oil is under increasing scrutiny in relation to its effects on the environment. Palm oil‚ produced from the oil palm‚ is a basic source of income for many of the world’s rural poor in South East Asia‚ Central and West Africa‚ and Central America. An estimated 1.5 million small farmers grow the crop in Indonesia‚ whereas about 500‚000 people are directly employed in the sector in Malaysia‚ plus those connected with spin offs.[1][2] Palm oil (from the African oil palm‚ Elaeis guineensis) is
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Downstream Oil Industry According to REPUBLIC ACT NO. 8180(AN ACT DEREGULATING THE DOWNSTREAM OIL INDUSTRY‚ AND FOR OTHER PURPOSES) ; Downstream oil industry shall refer to the business of importing exporting‚ re-exporting‚ shipping‚ transporting‚ processing‚ refining‚ storing‚ distribution‚ marketing and/or selling‚ crude oil‚ gasoline‚ diesel‚ liquefied petroleum gas (LPG)‚ kerosene‚ and other petroleum and crude oil products The Philippines downstream oil industry had been deregulated since1998
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Azerbaijan‚ officially the Republic of Azerbaijan is the largest country in the Caucasus region of Eurasia. Located at the crossroads of Western Asia and Eastern Europe‚ it is bounded by the Caspian Sea to the east‚ Russia to the north‚ Georgia to the northwest‚ Armenia to the west‚ and Iran to the south. The exclave of Nakhchivan is bounded by Armenia to the north and east‚ Iran to the south and west‚ while having a short borderline with Turkey to the northwest. Azerbaijan has an ancient and historic
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Refinery Gas streams INTRODUCTION: Oil refining is a key activity in the CPI. Over 600 refineries worldwide have a total annual capacity of more than 3500 x 106 tonnes. Goal of oil refining is twofold: i. production of fuels for transportation‚ power generation and heating; and ii. production of raw materials for the CPI. Oil refineries are complex plants but are relatively mature and highly integrated. Refining operations can be separated
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manager of supply management for the Fauquier Gas Company in the Carolinas. 2. Fauquier Gas Company‚ as one of the nation’s 440 gas companies. 3. Served an area where land use was changing from Agricultural‚ Residential and Commercial. 4. Mr. Murphy is responsible for the purchases of material used in gas distribution such as fitting‚ pipes and meters. 5. To meet the increased demand for gas. 6. Concerned about being able to find
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influence and determine the oil price in UK oil industry. The report also aims to provide how much and to what extent‚ Government policies influence oil prices in UK. Objective of the Assignment: This assignment has been prepared considering a number of objectives. The objectives are: * Identify and evaluate the factors that influence and determine the oil price in UK oil industry. * Understand how and to what extent UK government policies make an impact on the oil prices. * To show the
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the international oil& gas company Kulczykoil Ventures Inc. (KOVI) and to discuss their implications. To this end‚ the report includes the following: overview of the company and my role in the company‚ recommended mission statement and vision‚ defined core values and companies’ strengths and examples of how KOVI’s mission‚ vision and core values impact its corporate culture and public image and how is company performance is aligned with stated mission and vision. The company overview is provided
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Bolivia Nationalizes the Oil and Gas Sector a. What are the benefits and drawbacks of nationalization? Benefits and drawbacks of nationalization 1. Public welfare: Nationalization abolishes the economic powers to form a few monopolists and enables the govt. to take steps for the welfare of the public. 2. Economic Prosperity: Government got the power to modernize the industry‚ communications and transport for the best interest of the nation. So rapid growth of industries causes economic prosperity
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TYPES OF OIL AND GAS AGREEMENT a. Concessions b. Joint Ventures c. Service Contracts d. Production Sharing Contracts/Risk Sharing Contracts e. Hybrids CONCESSION This is a kind of contract that creates the greatest distance between the government and oil operators. Under this agreement‚ the Contractor has exclusive rights to explore‚ develop‚ sell‚ and export oil/gas from a specified area for a fixed period of time. The Company is responsible for all decisions concerning production‚ although
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Ethics and the Oil Industry Todd Bosta Monday‚ November 8‚ 2010 Does anybody Care? As the US Economy continues to dive‚ unemployment persists at a level not seen since the Great Depression‚ and the US Federal Government sees fit to continually bailout big business‚ it escapes logic why the cost of oil once again‚ is on the rise. The US oil companies would have us believe it has to do with the Middle East oil producing nations cutting back on production‚ therefore raising
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