Exxon Mobil is the largest U.S. Company in the world and it participates in three very profitable industries: Mining/Crude-Oil industry‚ Petroleum Refining‚ and Chemicals. Exxon Mobil is a multinational oil and gas corporation. They have evolved over the past 125 years as a regional marketer of kerosene in the U.S. to the largest publicly traded petroleum and petrochemical enterprise in the world. Today Exxon Mobil operates in most of the world’s countries and is best known by their familiar brand
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TO: VEFA TARHAN‚ SPECIAL TOPICS IN FINANCE FROM: MAHMUT MACIT‚ AHMET ARDA ATIK‚ CAN KORKMAZ DATE: NOVEMBER 4‚ 2014 CASE: PIONEER PETROLEUM CORPORATION Overview of the Company Pioneer Petroleum Corporation established in 1924 and operating in oil refining‚ pipeline transportation‚ and industrial chemical fields. Company uses weighted-average cost of capital (WACC) as a discount rate to discount future cash flows that generate from possible projects. According to net present values of these possible
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How energy division lead to major losses for Sime Darby There are 4 multimillion Ringgit projects entered by Energy and Utilities division of Sime Darby‚ but turned out bad. One of the projects is collaboration with Qatar Petroleum (QP)‚ the Bulhanine and Maydan Mahzam project. Sime Darby has been awarded a RM265 million contract to build wellhead platforms where the scope of works in the contract covers three wellhead platforms‚ installation of about 40 kilometres of pipeline‚ 23 kilometres
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established in 1972 as a wholly state owned company. To ensure the best possible control over Norway`s petroleum resources‚ the government wanted to be the biggest shareholder‚ as it is today. In 1972‚ the Norwegian parliament stated that the political motivation was for Norway to take part in the oil industry on the continental shelf‚ and build up the Norwegian competency within the petroleum industry to establish the foundations of a domestic oil industry. To acquire knowledge‚ the company started
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CGE526 – PETROLEUM GEOLOGY Geology Geology is basically the science which is related to the study of the origin of the Earth including the history and its life‚ the materials that made it up‚ the structure of the materials and the processes acted upon them. It also deals with the study of the organisms that have inhabited the planet and the structure of a specific region of the Earth involving the rocks‚ soils‚ mountains‚ fossils and other features. The word geology was first known used in
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Vision Star Oil’s vision is to be: the natural upstream oil and gas partner; navigating complexity‚ unlocking potential. The natural partner Star Oil recognizes that its partners and partnerships are valuable. The company understands and appreciates its partners’ circumstances‚ needs and goals‚ and delivers on given promises. Star Oil respects the individual‚ helps others to succeed and contributes to a positive working environment. Navigating Complexity Star Oil
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Rebus Sic Stantibus THE POLITICIZATION AND DEATH OF REBUS SIC STANTIBUS Since 1968‚ the countries comprising the Organization of Petroleum Exporting Countries (OPEC)‚ and particularly those bordering the Persian/Arabian Gulf‚ have been moving toward a markedly different view of their mineral resources. With the recent oil embargo and the concomitant use of petroleum as a "weapon‚" the transformation is complete; the States involved now consider their natural resources to be a political tool 1
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ExxonMobil is the largest publicly traded oil and gas producing company. ExxonMobil does business in 200 countries world-wide (1). Some countries are designated for exploring gas and petroleum‚ and some are designated for manufacturing chemicals‚ lubricants‚ and market fuels (1). ExxonMobil ’s world-class petroleum portfolio gives access to proven reserves of 21.9 billion oil-equivalent barrels of oil and gas‚ which is the highest in the industry (1). The company ’s discovered resources consist
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its by-products are used in the manufacture of medicines and fertilizers‚ foodstuffs‚ plastics‚ building materials‚ paints‚ cloth‚ to generate electricity‚ and most importantly gasoline. OPEC History OPEC stands for the Organization of Petroleum Exporting Countries. OPEC was originally established in 1960 in response to a unilateral decision of oil companies
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MEMORANDUM TO: Board of Directors‚ British Petroleum FROM: RE: Impact of On the Job Training DATE: February 10‚ 2013 INTRODUCTION Occupational Safety and Health is a major responsibility to all employers. It becomes more of a factor when the nature of the business involves hazardous materials and environments. In order to ensure that businesses are functioning properly and efficiently‚ it is imperative that companies are staffed with individuals who are trained properly in their occupation
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