Introduction: Midland Energy Resources‚ Inc. is a global energy company with its operations in three divisions – Oil and gas exploration‚ Refining and Marketing and Petrochemicals. The company has been there for 120 years and in 2007 had more than 80‚000 employees. It has been a very profitable company with reported operating revenue of $248.5 billion and operating income of $42.2 billion in 2006. The primary goals of Midland’s financial strategy are to fund overseas growth‚ invest in value-creating
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Midland Energy Resources Case Analysis Midland Energy Capital Planning Model • Fund significant overseas growth • As domestic natural resources dwindle‚ overseas investments are the main drivers of growth for Midland. These investments are analyzed and evaluated is US dollars (foreign cash flows are converted to US dollars) and have a US dollar discount rate applied to them. In 2006‚ 77.7% of Midland’s total earnings from equity affiliates came from non-US investments. • Invest in value creating
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The solar energy use in Africa These days‚ solar energy has been the most talkative alternative energy source in the world. Unlike the gas‚ oil‚ and coal‚ solar enrgy is one of the clean and renewable resource‚ which can not only generate power but also protect the environment. Africa‚ has second largest population‚ estimated 1.6 billion‚ however‚ around one third of it’s people still live in the condition with no eletricity. (Renewable energy in Africa
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Midland Energy Resources‚ Cost of Capital The case is about how Janet Mortensen‚ senior vice president of project finance for Midland Energy Resources‚ prepare her annual cost of capital estimates for midland and each of its three divisions for her company. Midland was a global energy company with operations in oil and gas exploration and production (E&P)‚ refining and marketing(R&M)‚ and petrochemicals. Estimates of cost of capital prepared by Mortensen were used in many analyses within
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Strategic Human Resource Research for Alternative Solutions In attempting to generically research for alternative strategic solutions to InterClean ’s human resource problems‚ Team-C found some plausible best practices which should help align their organizational structure with its goals. The industrial cleaning and sanitation industry is evolving around changing trends and driving forces that are causing InterClean to reassess their competitive advantage of human resource development. InterClean
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Can sci fi change the future? How much does science fiction shape the future of the human race? Can exploring through sci fi the possible Utopian or dystopian futures influence how society rises to the challenge of coping with our increasing rate of technological development? Can you think of things that were predicted by sci fi‚ and then became reality? How much did this have to do with the technology development? What I often find fascinates me about the science fiction genre is that there
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Miller Energy Resources – Proposed TN Sale to Quest Deal Points/Overview Relevant Points: Purchase price: $6 million‚ paid $500 thousand at closing and the balance in common stock (assumes minimum 45% ownership in Quest post rollback). Quest will define what the share structure looks like post roll back on the stock. Quest to provide definitive procedures and timeline for OTCQX or NYSE Market Miller to have the right to appoint two directors of a five man board‚ Kevin DeLeon and TBD Acquisition
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technology has greatly advanced in the last decade‚ most governments of countries around the world still use fossil fuel-based methods of energy production. This can be detrimental to mankind since‚ according to (online) http://library.thinkquest.org/06aug/01335/welcome.htm‚ "The use of these fuels has two major problems; it depletes the natural supply and eventually will run out; and the burning of the fuel (i.e. coal) creates vast pollution in the form of greenhouse gases (GHG’s such as carbon monoxide and
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ethanol as an alternative fuel source. Ethanol is considered a renewable energy resource; as it is derived from crops such as: corn‚ sugarcane‚ beets‚ as well as‚ other organic materials. The use of ethanol could decrease our dependence on ever depleting supplies of fossil fuels; such as oil. In this paper‚ I will briefly review how ethanol is produced in different parts of the world. I will also review several of the advantages of using ethanol as a renewable source of energy for the transportation
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Li‚ 1 2-16-13 Solar Energy: The Energy of the Future Our Earth’s resorvoir of resources seem to be limitless‚ but with the exponential growth of the human population; the need for efficient alternative energy sources is becoming urgent. Therefore‚ research companies and individuals are focusing on creating new energy systems. Fossil fuels are are depleting and becoming more difficult to obtain. The earth will face an energy crisis in the near future if humans are not careful with their consumption
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