Work Motivation Motivation at Norsk Petroleum SUBMITTED BY: S. L. REAMS MGT302 :: Org. Behavior and Teamwork Module 1 – Case Assignment Trident University 22 July 2013 The word motivation is derived from the Latin word “movere” which means “to move” and it is defined as an internal drive that activates behavior and gives it direction. Motivational theory looks at the processes that activate and direct human behavior and it can be divided into two categories‚ content
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supply. Energy-deficient countries may also forge strategic partnerships with friendly energy-rich states‚ often cementing these arrangements with massive arms transfers and new or revived military alliances -Klare states that ownership of untapped petroleum reserves is being concentrated in the hands of national oil companies (NOCs) The NOCs are often driven by what the Congressional Research Service terms “governmentally mandated objectives” – redistribution of national wealth‚ creation of jobs‚ promotion
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Discussion: Continuous distillation‚ a form of distillation‚ is an ongoing separation in which a mixture is continuously (without interruption) fed into the process and separated fractions are removed continuously as output streams. A distillation is the separation or partial separation of a liquid feed mixture into components or fractions by selective boiling (or evaporation) and condensation. A distillation produces at least two output fractions. These fractions include at least one volatile
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Can Petroleum Be Replaced? Today ’s world economy relies more than ever on a constant supply of petroleum to fuel a vast number of different vehicles and other applications. Everything from an internal combustion engine in a car to a furnace in a home use a petroleum product as the form of energy needed to make them function. With the burning of oil for energy comes the unwanted side-product of emissions such as carbon dioxide‚ which have now been proven to affect the Ozone and weather patterns
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Darryl Laforteza Champoux US History 9 May 2012 The One Paper to Rule Them All The Organization of Petroleum Exporting Countries (OPEC) was created in 1960 with the idea of unifying and protecting the interests of petroleum-producing countries but in the end‚ only resulted into little impact until 1973. Before this organization‚ the great oil companies of the West ruled the roost. Oil is the lifeblood of the industrialized nations as it is used to
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Revenue‚ Capex‚ Opex 3 Reserves 3 Sunk costs: 3 Opportunity Costs: 3 Royalty‚ Tax‚ Ring fencing 4 Types of Petroleum Fiscal Regimes 4 Net Cash Flow 4 Concessionary system vs. Production Sharing contracts 5 Going Internation – Bidding Process 5 Economic Modelling 6 Production Costs 7 Wildcat 7 What is the wild cat success ratio? And what are the considered factors? 7 Depreciation 8 Abandonment 8 Goodwill‚ Leases‚ Ringfencing 9 Volatility of Crude Oil 9 Volatility of Gas 10 Forecasting 10 Opportunity
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Conflict in Organizations Texana Petroleum Corporation Background The Texana Petroleum Corporation is a multi-million dollar company and major producer and marketer of petroleum products located in the southwest United States. Texana has five product divisions: Petroleum Products Division‚ Polymer and Chemicals Division‚ Molded Products Division‚ Packaging Products Division and Building Products Division. The President and Chief Executive Officer‚ Roger Holmes retired in 1993 and was replaced
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the world in the country which made it one of the world’s richest economy and lined it among the powerful nations of the world (Zuhur‚ 2011). Throughout 1960’s and 1970’s Saudi Arab’s followed a path of rapid economic development (CNN‚ 2006). Petroleum liquids take up to for more than 90% of the country’s exports and about 75% of government revenues are accounted by these exports. (CIA‚ 2013). By earning abnormal profits on oil exports Saudi Arabia became one of the fastest growing economies in
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AGENDA Introduction to OPEC OPEC Important Events Present and Future Feedback Introduction What is OPEC? The Organization of the Petroleum Exporting Countries (OPEC) is a permanent‚ intergovernmental Organization‚ created at the Baghdad Conference on September 10–14‚ 1960‚ by Iran‚ Iraq‚ Kuwait‚ Saudi Arabia and Venezuela. Members Qatar (1961) Indonesia (1962) – suspended from January 2009 Libya (1962) United Arab Emirates (1967) Algeria (1969) Nigeria (1971) Ecuador (1973) – suspended
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stated from Central Intelligence Agency’s research‚ United Arab Emirates is located in the Middle East‚ bordering the Gulf of Oman and the Persian Gulf‚ between Oman and Saudi Arabia. Neighboring countries surrounding United Arab Emirates are Oman‚ Qatar‚ Bahrain‚ Kuwait and Saudi Arabia. The territorial size of the country is 83‚600 sq. km- which makes it 115th in the world. The size of the population is 5‚473‚972 as of July 2013. United Arab Emirates political system is federation with specified
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