Doesn’t everyone love swimming in the ocean and seeing all the pretty sea life? Some people do‚ and when people are offshore drilling they can cause a lot of problems if something goes wrong. The biggest concern by environmentalist is not a spill‚ but the pollution of the air and water‚ damage to the ocean bottom and debris that washes ashore from day-to-day operations of oil and gas rigs. Oil Drilling can lead to jobs being endangered‚ animals dying‚ and damaging the eco system. So many animals
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Petroleum and its derivatives supply a significant part of the world’s energy. Oil is used to produce electricity‚ to operate vehicles and for a number of other vital purposes. Global proven reserves of oil at the beginning of 2009 was1.342 trillion barrels of which about 10 % is deep water – a little more than 100 billion barrels. Deep water drilling is the process of oil and gas exploration and production in depths of more than 500 feet. The deep water drilling system consists of the semisubmersible
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[pic] EnCana Corporation -Cost of Capital Nabil Naouli Yong Peng Ahmed Alenazi Raj Kancharapu Table of Contents 1. Introduction 2 2. History 2 a. Top Competitors 4 b. Major Product and Services 5 c. SWOT Analysis 5 3. Calculating Cost of Capital 6 a. Calculating Cost of Equity 7 i. Risk free rate 7 ii. Market Risk Premium 8 iii. Beta 8 b. Calculating Cost of Debt 9 c. Weighted Average Cost of Capital ( WACC ) 10 d. WACC- EnCana Corp. 2010 12 4. Discussion
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equal the capacity of the suppliers. Problem The Texago Corporation is a large‚ fully integrated petroleum company based in the United States. The company produces most of its oil in its own oil fields and then imports the rest of what it needs from the Middle East. An extensive distribution network is used to transport the oil to the company’s refineries and then to transport the petroleum products from the refineries to Texago’s distribution centers. Table 1.1 The location of the facilities
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Gabon: An Example For All of Africa The country of Gabon is praised as being one of the most successful countries in Africa. Gabon is a very diverse country in many ways. There are a variety of different tribes that call Gabon home. Also‚ the land differs through out the county. Gabon is one of the smaller countries of Africa with the area of 267‚670 square miles. Comparatively‚ this is the almost the same size as Colorado. The terrain of this tiny country consists of narrow coastal plains;
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EXECUTIVE SUMMARY One of the most important tasks that a petroleum engineer has to undertake is determining how much hydrocarbons are contained in a potential reservoir. Key physical characteristics that they will be concerned with include porosity‚ permeability‚ net-to-gross ratio and bulk rock volume. This information can then be used to calculate original oil in place (OOIP) and original gas in place (OGIP). Hence‚ for a given exploration prospect‚ explorers and commercial analysts can
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the Petrol Price Decrease in the Ends of 2008 and its Effect on Consumers and Suppliers. Petrol is a petroleum-derived liquid mixture‚ primarily used as fuel in internal combustion engines. It also is used as a powerful solvent much like acetone. Petrol is very important in our life. Most current or former Commonwealth countries use the term "petrol"‚ abbreviated from petroleum spirit. In North America‚ the word "gasoline" is the common term‚ where it is often shortened in colloquial usage
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Macro-environment factor In reflecting the macro environment‚ the economic environment is one of the identified elements that affect the microenvironment of hybrid cars. For the past years‚ prices of petroleum in Malaysia have risen due to inflation (thestar‚ 2014). Oil scarcity is one of the main external aspects that affect the rise in oil prices. High petrol prices have reduced the consumer purchasing power and spending pattern for gasoline cars since it’s more fuel consuming compared to
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Summer Training Project Report On “Ratio Analysis and Comparative Study of Financials of IOCL with its Competitors” Submitted for partial fulfilment of the Award Of Master of Business Administration DEGREE (2011-2013) SUBMITTED BY ARUSHIBHUTANI 1103270034 UNDER THE GUIDANCE OF Internal Guide:JayaPandey School of Management ABES ENGINEERING COLLEGE‚ GHAZIABAD AFFILIATED TO MAHAMAYA TECHNICAL UNIVERSITY‚ NOIDA Candidate’s Declaration/Certificate I “ARUSHI BHUTANI” hereby
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there is concern that high and volatile prices of crude oil may cause food prices to continue to increase (Bloomberg‚ 2011). Moreover‚ as oil prices rise‚ so does demand for bio-fuels‚ which are the only non-fossil liquid fuels able to replace petroleum products in existing combustion engines and motor vehicles. But bio-fuels are often made from corn and other agricultural products. As demand for these alternative fuels increases‚ crop prices are forced upwards‚ making food even less affordable
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