What is crude oil? Crude oil is a naturally occurring liquid found inside certain rocks trapped beneath the Earth’s crust. It is dark and sticky‚ classified as a hydrocarbon‚ or rather mixture of hydrocarbons. We separate them in order to make something useful during a process called fractional distillation. Since it is highly flammable and can be burned to make energy‚ it is used as a major fuel source on our planet. This oil is a fossil fuel‚ what means that there is a limited supply
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Oil Drilling Have you ever seen an animal covered in sludge‚ helpless and weak? Offshore oil drilling is one of our world’s biggest concerns. Offshore oil drilling is the discovery of finding oil or gasoline resources underwater. Usually the oil is found off the coasts of each continent and can also be found in lakes and small seas. Drilling for oil provides the energy to make fuels for cars and other machinery. Many different platforms can be used for offshore oil drilling such as drill ships
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Three factors that influence BP oil companies operational and contingency planning include‚ unexpected oil spills. Sometimes the company may experience unexpected oil spill that will require them to change from the original plan. The second factor is natural calamities. Sometimes they cannot control things like floods‚ which can cause oil burst and affect the flow of the plan. The third factor is Man-Made calamity. These affect the plan of the company because they need to address it immediately.
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to attain the minor degree in IFE. He estimated that it would involve an additional cost of RM40‚000. HOW WOULD THE MONEY GROW? Not knowing how exactly he should grow the money‚ Afiq Firash contacted his cousin (Rauf) who is an engineer with an oil and gas company in Sabah for advice. Without hesitation‚ Rauf suggested an IPO (initial public offering) of Felda Global Venture Holdings (FGVH)‚ which wass already opened for subscription since 31 May 2012. Right after the phone call‚ Rauf sent emails
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Oil and gas conservation means their better and more efficient use with regard to economic‚ social or environment costs and benefits resulting minimization of wastage and protection of environment. A very high priority is attached by the government to conservation of petroleum products in view of the need to reduce increasing gap between demand for and supply of oil and petroleum products. Government has initiated various steps to promote conservation of petroleum products in the different sectors
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Critique on “The Future Of Oil” INTRODUCTION In April 9‚ 2012 an article in TIME Magazine‚ titled " The Future of Oil" by author Bryan Walsh which is a senior writer for TIME magazine‚ covering energy‚ environment and diseases infers and appraises the future of oil in the aspect of economy‚ value‚ scarcity and finding its alternatives. The author reveals and reviews the importance of oils to global economy as well as the urgency on finding another replacement for oil in order to flee the world
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THE FUTURE OF OIL Contents 1. Extreme oil--from the deep Atlantic to the arctic‚ from fracking in the U.S. to sands in Canada--is replacing dwindling supplies. But it comes at a heavy economic and environmental cost 2. The Bakken Boom 3. Boom and Bust 4. The True Price of Oil 5. OIL ON THE EDGE 6. TIGHT OIL 7. ARCTIC OFFSHORE 8. PRESALT DEEPWATER 9. OIL SHALE 10. OIL SANDS 11. HOW SPIKING OIL AFFECTS YOU 12. A RECORD PRICE FOR REGULAR 13. INCOME
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ExxonMobil and The Chad/Cameroon Pipeline: Case Analysis | By: Nirpaal Saggu | Professor: Jian GuanSection: GMS802-021 | Student ID: 500332344 | 8/3/2013 | | The case titled “ExxonMobil and the Chad/Cameroon Pipeline”‚ examines two large oil businesses merging together to finish an immense development project which spanned for approximately 25 to 30 years. In 1998‚ both Exxon and Mobil both respectively saw great success as major companies at the time with each company performing multi-billion
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1. What are the major issues in the Liebeck case and in the following incidents? Was the lawsuit “frivolous” as some people thought‚ or serious business? The major issues in this case include how hot the coffee should be‚ when to draw the line on making a case outrageous and how corporations are supposed to please customers without worrying about being sued. I believe that the lawsuit was frivolous because of the amount of money that was being asked for. It is common sense that when you order coffee
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BP Gulf Coast Disaster and Recovery INTRODUCTION BP‚ formerly British Petroleum and the Anglo-Persian Oil Company‚ has experienced a lot of ups and downs over its hundred-year history—from nearly bankrupting its founder William D’Arcy to becoming one of the world’s largest energy companies. BP has also experienced its fair share of controversies regarding business practices‚ environmental damage‚ and hazards to workers. It and all other large energy companies have come under fire for releasing huge
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