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The Kuwait Oil Company, 2005.
This paper is a research proposal to study the Kuwait Oil Company's human resource planning for the recruitment and selection of employees.
1,215 words (approx. 4.9 pages), 7 sources, APA, £ 28.95
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Abstract
This paper explains that the basic premise of the proposed study will be that the human resource methods, employed by the Kuwait Oil Company, may not be effective in the area of recruiting, selecting and motivating employees and managers. The author points out the reason for this situation is that the company adheres to traditional methods for employing and evaluating workers and manager and these methods may not be meeting the changing needs of the company. The paper relates that the research methods will include a detailed examination of the recruitment and selection methods used by Kuwait Oil Company, comparison with other oil companies, a literature review and interviews with employees, managers and human resources.
Table of Contents
Introduction
Proposed Hypotheses
Kuwait Oil Economy and the Kuwait Oil Company
Human Resource Selection and Recruiting Processes
Methodology
Conclusions
From the Paper
"In today's fast-paced business environment, companies need to ensure that their most valuable assets which are their employees are motivated so they can be more productive. Technology has moved human resources into the mainstream with ERM packages that are a new breed of software applications that streamline the processes involved in acquiring, managing and training employees. They are solutions that focus on making employees more productive and make internal applications more visible. There are also other types of software that can help organizations track an employee's performance and help with the evaluation process."
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Rentier States: Arab Oil-Producing Countries, 2003.
The paper looks at the concept of the rentier state with reference to two Arab oil States, Kuwait and Saudi Arabia.
1,581 words (approx. 6.3 pages), 6 sources, MLA, £ 35.95
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Abstract
The paper analyzes the notion of the rentier state, which is a state in which the government does not rely at all on domestic taxation but rather on rents from external forces. The paper discusses the particular attributes that are common to the nature of a rentier state. It also examines other domestic factors that play a primary role in the politics of the states.
From the Paper
"The unprecedented magnitude of wealth in a rather short period of time during the 1970s among the oil-producing states of the Arabian Peninsula revived the concept of the ?rentier state?. Classified as the example par excellence of rentier states, these are countries in which oil revenues represent more than 90% of budget revenues and 95% or more of exports ?the rent upon which they depend being oil. While the concept of the ?rentier state?, to various degrees, aids in explaining the politics of the Arab oil-producing countries because of the very definition and common attributes of such a notion, it, nevertheless, ignores domestic factors, such as historical tribal relations and contestation from Islamists, which play an integral role in the formation and administration of political activity."
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Kuwaiti Oil, 2003.
A review of the economic and political factors involved in Kuwait's decision to permit foreign participation in its oil industry.
2,300 words (approx. 9.2 pages), 10 sources, APA, £ 54.95
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Abstract
This paper studies the economic and political factors affecting plans of the Kuwaiti government to permit foreign participation in the country's oil industry. The paper begins by discussing the impact of changes in the global economy. Next the paper looks at the Kuwaiti ruling monarchy and the relationship between Kuwait and OPEC. The paper concludes with an outlook for the future of Kuwaiti oil.
From the Paper
"For more than three decades the petrochemical sector of the Kuwaiti economy has been completely publicly-owned and for the most part..."
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Nigerian Oil Spills, 2002.
Examines the vast environmental damage in Nigeria due to oil spills and other factors connected to mismanagement in the oil industry.
1,964 words (approx. 7.9 pages), 9 sources, MLA, £ 43.95
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Abstract
Oil has been an important part of the Nigerian economy since vast reserves of petroleum were discovered in the 1950s. In 1997, Nigeria earned over 95 percent of its foreign exchange from the sale of oil on the global market. Foreign oil companies dominated oil
exploration, drilling and shipping in Nigeria, with Shell Oil controlling approximately 60 percent of the country?s domestic oil market. This paper examines the huge environmental damage in Nigeria caused by oil spills, gas-flaring and oil waste dumping. The paper looks at the destruction to the biodiversity of the affected regions, loss of wildlife and soil fertility and health problems. It looks, in particular, at the problems which affect the Ogoni people of the Delta region and the compensation Shell was forced to pay. Finally, the paper discusses the future of Nigeria's oil industry and Shell's promise to improve environmental concerns in the region.
From the Paper
"Critics note that such low-tech security operations can surely be significantly improved, especially when hundreds of millions of dollars are spent in developing technologies to discover oil under the ground. There are many oil pipeline surveillance technologies currently on the market, including a host of fiber optic sensors that detect stress in the pipelines and drilling equipment through subtle shifts in the optic wavelength. Researches at the Southwest Research Institute in San Antonio have developed harmonic sensors that can be placed inside of pipes via the flow of oil and then attach themselves to the interior to measure outside force. And over the last two years, ChevronTexaco has invested tens of millions of dollars in startup companies that design pipeline sensor networks (ibid)."
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The Oil Industry, 2006.
This paper analyzes the various effects to the oil industry due to increased consumption by competing economies around the world.
3,699 words (approx. 14.8 pages), 11 sources, MLA, £ 70.95
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Abstract
This well-researched paper examines the oil industry, which currently produces and supplies the world's number one energy source. This paper delves into the high swings in terms of price when there are shortages or excesses in supply, which are determined by the Organization of the Petroleum Exporting Countries (OPEC). This paper details the 7 companies that control the oil market throughout the world which include 5 U.S. companies. This paper analyzes the importance of OPEC and its negotiation tactics with the various oil companies regarding petroleum production, prices and future rights of concession of the oil companies in the different countries. The writer of this paper details the history of the oil industry by discussing various events such as the 1973 oil embargo and the events that took place in the 1960s in which the U.S. and Europe restricted the import of oil from Russia. This paper details how world events, primarily those in the middle east, affect the price of oil. The writer explores China and India's demand for oil and how it affects global inflation in general. The government of India is now trying to reduce the prices of oil based items over the immediate future so that inflation can be reduced from the current 8% a year. This in-depth paper also analyzes the effects of America's economy on the world's oil prices.
Table of Contents:
Introduction
International Oil Regime
Major Producers
OPEC
Wars and Inflation
Oil Embargo
1973 October War
Inflation
Economic Growth
Asian Giants: India and China
Increased Demand for Oil by Both Nations
Increased Prices Equal Less Economic Growth
Stagflation
Conclusion
References
From the Paper
"It is seen that China is one of the fastest growing nations in economic terms and that has taken up the consumption of oil by the country from 2 million tons a year to over 10 million tons now. Even in last year, the growth is over 35 percent and according to analysis of ban credits, it is estimated that Chin will account for over 40 percent of the growth in oil demand. There is also a large increase in demand for oil in United States and this is boosting oil demand internationally. The demand for imports has now reached the limit of supply at about 80 million barrels a day, as already mentioned earlier. At the same time, there are doubts as to whether the massive imports by China are real annual demand or are for building up strategic stocks. According to JP Morgan, the stocks with china are now about 285 million barrels, and even as per statements from China, there is a stockpile being built which will be completed by the end of this year."
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High Oil Prices, 2006.
This paper analyzes the reasons for high oil prices in the international oil market and the future of this situation.
3,940 words (approx. 15.8 pages), 10 sources, APA, £ 74.95
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Abstract
This paper demonstrates that the oil prices are not only closely linked to the policies and capacity utilization of OPEC but also are a consequence of Iraq war, increasing demand, reduced supply and speculation such as oil futures. The author concludes that oil prices are likely to stay relatively high in the coming years because of capacity constraints due to low investments made in the late 1990s, lack of a healthy investment climate, greater competition among consuming countries to secure flows and geopolitical risks. The paper stresses that the world has to learn to live with the increased prices of oil by (1) improving the investment climate for capacity enhancement in oil-rich countries and (2) reducing oil intensity by means of shifting away from oil to some alternative fuels especially because the oil reserves are not likely to last longer than 40 years. Many figures and charts.
Table of Contents
The Iraq War
Demand
Supply
Speculation
(3) Is the Price-Rise Going to Stay?
Demand Factors
Effects on Global Economy
OECD Countries
Developing Countries
Supply Side Factors
Conclusions
From the Paper
"In August 2004, International Energy Agency reported that world oil demand was increasing faster than any other point in the last 16 years. It attributes the increase in demand due to rapid economic expansion in various countries, particularly China and India in Asia. China was only second largest consumer of petroleum products behind USA. The demand for oil is increasing sharply led by US, China and India, and in absence of corresponding increase in supply, price of oil is bound to rise. In the last decade, the consumption of oil and gas has increased by over 70% in Asia-Pacific Region vis-a-vis 15% in the rest of the world. During 2003-04, China consumed more oil than expected. There was more than 40% increase in the consumption by China over the previous year. Similarly, USA's import increased from 4.22 billion barrels in 2002 to 4.49 barrels in 2003. India's import of oil has increased from 1.1 million barrels per day in 2000 to 1.4 million barrels per day in 2003 (27% increase)."
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The Oil Industry, 2008.
An analysis of the history of oil production and the impact of the oil industry on the international economy.
3,837 words (approx. 15.3 pages), 13 sources, MLA, £ 73.95
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Abstract
This paper discusses the oil industry and how it affects international relations and the international economy. It also discusses the history and background of oil use and production. In addition, the paper discusses the impact of oil production, as well as other economic factors relating to the industry. The paper then discusses current and future challenges to the oil industry.
Table of Contents:
The Oil Industry: Background And History
Key Issues That Are Related To International Economy
The Oil Industry's Impact On The International Economy
Future Challenges For The Industry
Conclusion
From the Paper
"A significant aspect is the way that oil impacts on the economic relationship between countries. An increase in the price of oil can alter the balance of trade between counties and also affects exchange rates. This refers to the scenario in which the oil-importing countries experience a decline in their balance of payments. This exerts a negative pressure on exchange rates and results in the increase in the price of imports and a reduction in the value of exports. This in turn leads to a decline in the national income of that country. All of these facets have a long-term impact on the economy of countries. "The economic and energy policy response to a combination of higher inflation, higher unemployment, lower exchange rates and lower real output also affects the overall impact on the economy over the longer term" (Analysis of the Impact of High Oil Prices on the Global Economy)"
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Oil Industry Ethics, 2007.
This paper discusses the business conduct of oil and gas companies by focusing on a fictitious company, Imperial Oil.
3,526 words (approx. 14.1 pages), 15 sources, MLA, £ 68.95
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Abstract
The paper relates that oil and gas suppliers have been accused of misconduct with regards to ethical accountability and moral decision-making. The paper explores these issues by using Imperial Oil, a fictitious company, as a framework for identifying the terms of the social contract held by petroleum companies. The paper provides three specific policy recommendations for Imperial Oil on which to base their future transactions. The paper concludes that the ability to wield power due to increased reliance on the resources of oil and natural gas does not absolve the company of its role within the social contract.
Outline:
Introduction
Controversy Over Business Practices Within Petroleum Companies
Stated Morality and Ethics Versus Active Business Decisions
The Demand For Accountability
Three Recommendations for Imperial Oil
Summary
From the Paper
"Petroleum companies have historically been recognized as entities that are not subject to the same processes of supply and demand as denote other industries. Wherein it can be argued that suppliers of housing and food products are suppliers of resources necessary to sustain the lifestyles of the average citizen active in the industrialized world, petroleum companies tend to be separate entities altogether. These companies form a dominant controlling force that establishes certain and undeniable limitations on how buyers are able to maintain a status of equilibrium within their respective business and lifestyle practices; without access to petroleum, affected persons and businesses are unable to participate in the same petroleum-dependent environment experienced by the rest of the population."
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Crude Oil in Canada, 2004.
A look at the effects of OPEC crude oil production on the price and consumption of crude oil in Canada.
1,350 words (approx. 5.4 pages), 5 sources, MLA, £ 32.95
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Abstract
This paper reviews the relationships between OPEC crude oil production levels, Canadian crude oil prices, and Canadian crude oil consumption. The paper includes a regression analyses applied to relevant data to assess the effects of OPEC production.
From the Paper
"Poor discipline among the member states of OPEC together with increased production in non-OPEC oil exporting states compromised OPEC's ability to dictate world crude oil prices. The organization, however, continues to play a highly important role in the world crude oil market..."
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The Economics of Oil, 2006.
This well-researched paper analyzes the impact and influence of the oil industry which currently supplies 90% of the world's energy needs.
2,370 words (approx. 9.5 pages), 6 sources, MLA, £ 50.95
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Abstract
This paper examines the the reasons for many of the worlds battles including WWII and the current war in Iraq, which all revolved around, in one way or another, the need for oil. The writer of this paper attempts to convey the manner in which world governments control the price of oil. The writer details the differences among the countries in terms of the amount they produce and in terms of the quantities they export. In terms of production the countries include Saudi Arabia, the U.S., Russia, Iran and Mexico. In terms of exports the countries include Saudi Arabia, Russia, Norway, Iran and Mexico. The U.S. does not export oil, as it consumes all it produces. This paper discusses the many countries that depend on other countries for expanding their oil production and on the political implications involved. This paper examines Cuba's oil shortage and America's impact on this issue. This paper details the process for drilling and producing crude oil, which first appears on the surface of the earth as a thick liquid dark brown or greenish in color. This paper also delves into the theory of oil depletion, called the Hubbert Peak Theory. This theory assumes that if the oil reserves are not increased by some means, then the production of petroleum will reach a peak and then decline.
From the Paper
"There is a similar fight that is now taking place between Japan and South Korea regarding a disputed island group. This is seen in an announcement by the Korea Corporation in the middle of March that it was now trying to invest $225 million to develop gas hydrate deposits worth $150 billion. This quantity of gas will meet the needs of South Korea for 30 years. This is not unique as Even Japanese companies are busy in Sakhalin, which is a Russian island and was half owned by Japan up to the end of World War II. The investment is worth $ 1 billion a year. According to Japanese news agencies, the oil companies and trading houses of Japan are about to invest $20 billion for the production of oil and gas."
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The United States Oil and Gas Industry, 2004.
This paper is an industry analysis of the United States oil and gas industry, excluding the industry-related exploration and production pre-refining activities.
1,710 words (approx. 6.8 pages), 7 sources, MLA, £ 38.95
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Abstract
This paper explains, using Porter Five Forces Model, that there is a limited threat of new entrants cutting into Shell, Mobil, Texaco, Gulf, and Exxon?s market share because the industry is fairly oligopolistic, with only a few giant firms controlling the majority of the industry even on the global scale. The author points out that the world's oil-producing nations are very influential in the supply and demand factors associated with oil production and consumption through the Organization of Oil Producing Countries (OPEC). The paper stresses that, as globalization increases the world?s demand for oil, it will be critical for the oil-producing nations to maintain a steady cost per barrel, while, at the same time, meeting the high production demands because there are few new technological advances or regulatory controls available to overshadow the basic economic formula of supply and demand. OPEC promises to control pricing for the industry. Tables.
Table of Contents
Introduction
Industry Overview
Five Forces Model
Major Competitors and Strategic Group Mapping
Future Trends
Opportunities and Threats
Conclusion
Appendix A: Oil Industry
From the Paper
"The oil and gas industry are driven by the price of crude oil. The industry was shaped in the late 1990?s when the price of oil lagged around $10 a barrel forcing many smaller independent companies into seeking bankruptcy protection and the larger oil companies like Shell, Mobil, Texaco, Gulf and Exxon to look for partners through acquisition or merger. This entailed reduced refining and exploration activities and less gas production. However, today, the industry must contend with a new global economy that has increased demand for energy to record levels, which has allowed a robust rebound in the oil and gas industry. ?Oil prices advanced closer to $50 a barrel Monday as domestic and foreign supply concerns persist amid strong global demand.? "
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Illicit Iraqi Oil Contracts, 2007.
This paper discusses the work "Oil for What? Illicit Iraqi Oil Contracts and the UN Security Council" by P. Heaton.
1,483 words (approx. 5.9 pages), 1 source, APA, £ 34.95
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Abstract
In this article, Heaton's work, the United Nation's Iraqi Oil-For-Food program and its suspected illicit dealings, are investigated. The writer points out that over a 6 1/2 year period, beginning in 1996, more than 1,300 oil contracts were issued, with the intended purpose of humanitarian relief for the Iraqi people. However, the writer shows that many have questioned whether all of the money transferred during contract issuance through oil extraction went to the humanitarian aid for which it was originally intended. The writer discusses that Heaton looks to answer the economic question of whether or not Saddam Hussein utilized these contracts to line his personal coffers, as well for the purchase of weapons.
From the Paper
"This is an important question that needs to be answered for two reasons. First, the United Nations needs to understand not only where their Oil-For-Food program went right, but also where it went wrong. The idea behind the program is a sound one. It allows the U.N. to economically sanction a country, punishing its leaders, but still be compassionate to the general populace that have little to no choice in their country's matters. However, as this work demonstrates, if there are loopholes in the program, and the details are not sufficiently considered, the punishments, meant by the economic sanctions, will barely be felt by those in power. And, in fact, despite rules to the contrary, sanctioned countries cannot only acquire the hard currency they desire, but also weapons as well, circumventing restrictions. The article implies that Hussein was able to offer oil contracts significantly below market value, in exchange for kickbacks, which were given when the contracts were resold to other individuals or organizations, to actually extract the oil, closer to market price."
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A World Without Cheap Oil, 2006.
An essay on the inevitability of a worldwide crisis caused by a shortage of oil.
1,901 words (approx. 7.6 pages), 7 sources, MLA, £ 41.95
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Abstract
This paper discusses the world's increasing reliance on oil even while the supply of oil is diminishing. The paper discusses the many ways that nations depend on oil and how closely tied world economies are to the production of oil. In particular, the paper focuses on the U.S. reliance and consumption of oil and how the country will be affected by an oil shortage crisis, claiming that the effects would be severe but that the U.S. would, nevertheless, overcome the crisis and adapt as necessary.
From the Paper
"We are a part of a generation that is about to witness the next great world crisis. This crisis will be an energy resource crisis. Today, oil companies are pumping more oil than they are replacing. With the majority of the worlds large oil deposits believed to be discovered the peak of growth within the oil industry has apparently been reached. This slowing of oil production is coming at the same time as population and dependency of oil are growing. Similar to the 1970's oil crisis, this unbalanced supply and demand will cause the price of oil to skyrocket. Unlike the 1970's temporary lag in oil production, the upcoming lag threatens to become a steady and constant downturn in production. This shortage will have drastic consequences on the everyday lives of nearly every person on the planet. The effects of the impending and seemingly imminent oil crisis will be broad."
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Oil and Social Welfare in the Middle East, 2003.
Compares the use of oil revenues by various Middle Eastern states toward social welfare programs.
2,300 words (approx. 9.2 pages), 9 sources, APA, £ 54.95
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Abstract
This paper discusses and compares the use of oil revenues in various oil-rich Middle Eastern countries such as Kuwait, Saudi Arabia, Qatar, Dubai, Bahrain and Abu Dhabai. The paper studies how the various countries fund -- or chose not to fund -- social welfare programs. The paper examines how the use of oil revenues impact issues of state ownership over social welfare programs, as well as political and religious tensions.
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