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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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Innovation in the Oil Industry, 2008.
Explores the organizational responses of the oil industry to externally induced ethanol and energy innovations.
10,390 words (approx. 41.6 pages), 59 sources, APA, £ 146.95
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Abstract
The paper deals with the impact of external forces of developmental innovation on the management strategies and processes of oil companies. The paper highlights how adoption of new innovation strategies can be difficult to apply for a major industry like the oil industry at the same time as highlighting the advantages that the oil industry could have by adopting the newer innovation strategies. The paper also deals with the appropriateness of the timing, speed and application of the innovation strategies within the oil industry.
Table of Contents:
Abstract
Introduction
Analyzing Industry Environment through Innovative Business Management
Analyzing Competition within the Industry
Timing of Innovation
Innovation Speed
The Impact of Corporate Culture on Innovation
The Use of Core Competence as an Innovation Method
Internal Innovation
Research and Development
The Speed of Marketing the Innovated Product
The Relationship between Innovation and Organizational Success
The Impact of Innovation on Organizational Capabilities
The Relationship between Experience and Innovation
Strategic Planning and Innovation
The Strategic Planning Model Developed by Bryson
Conclusion
From the Paper
"The production of ethanol also leads to the release of aldehydes and alcohol in the environment which is harmful as they are cancer-causing chemicals. After the production of ethanol was inspected, the chemicals and gases released into the atmosphere were found to be quite detrimental for the environment. As even the plowing, planting, cultivation and transportation of corn takes up petroleum energy, ethanol can not be considered to be a safe alternate energy source and neither is it environmentally friendly as it contributes to a lot of environmental pollution."
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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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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, £ 71.95
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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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The Oil Industry, 2006.
A look at the history of the oil industry.
871 words (approx. 3.5 pages), 3 sources, MLA, £ 21.95
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Abstract
This paper takes a look at the oil industry. The paper reports that the history of the oil industry dates back to the earliest civilizations of the Middle East. According to the paper, there are inscriptions, that originated from Mesopotamia, describing the use of oil from as far back as 4000 B.C.E. The paper also reports that in the United States, the invention of the kerosene lamp led to the formation of the first American oil company, Pennsylvania Rock Oil Company, founded in New Haven, Connecticut, in 1854.
From the Paper
"The development of the oil industry also took place in many countries outside of the United States. For example, Canada's first oil boom occurred in Ontario in 1867 and in 1947, the great Leduc field near Edmonton, Alberta, was discovered which soon led to Canada becoming an important contributor to the oil industry. In Mexico, oil production began on a commercial scale around 1918 which made Mexico the second-largest oil producer of the early 20th century. Of course, in 1901, one of the first concessions for oil production was granted in Iran and when huge oil reserves were discovered in 1908, the Anglo-Persian Oil Company came into existence and was soon replaced by the Anglo-Iranian Oil Company in 1914. "
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The Oil Industry, 2007.
An in-depth study of the oil industry and its profitability.
5,616 words (approx. 22.5 pages), 16 sources, MLA, £ 95.95
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Abstract
The paper researches the oil energy industry and how it affects us. The paper discusses the manner in which oil prices affect individual citizens, the airline and transportation industries. In addition, the investigation explores government regulations on energy. The research substantiates the claim that in the modern world the top privately owned oil companies are extremely profitable, because western society is addicted to the oil energy. The paper explains that, as a result, energy companies' profits are related to supply and demand.
Outline:
Introduction
Oil as a Commodity
Petroleum Sector
Transportation Industries
Government Regulations on Energy
Foreign Affairs
Black Energy Trade
Future Trends
Future
Conclusion
From the Paper
"Oil has long been a source of fuel in America and throughout the world. During the last three decades America and other nations have greatly increased their dependence on foreign oil, however America was not always so dependent on foreign oil. According to Han (1994) during the late 1940's America was both the main producer and consumer of crude oil and petroleum products in the world. The author explains that there was "an average annual production of 1,906 million barrels of crude oil during 1947-49, the United States alone accounted for nearly two-thirds of the combined production of all market-oriented economies. This situation existed simply because the United States was a large industrial economy that thrived on oil more than any other country in the world (Han 1994, pg. 11)." "
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The Oil Changing Industry, 2004.
A SWOT analysis of the major competitors in the oil changing industry.
846 words (approx. 3.4 pages), 3 sources, MLA, £ 21.95
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Abstract
This paper contends that the oil changing industry in Southern California is increasingly competitive. For this reason, it is important to attain as much competitive information on potential competition as possible. The primary competitors identified for this purpose,are Jiffy Lube and Pep Boys. A SWOT analysis is utilized to better understand both companies' competitive positioning in hopes of gaining a competitive advantage.
From the Paper
"Jiffy Lube was founded by W.J. "James" Hindman in 1979 and popularized the 10-minute oil change. A decade after its founding, it had grown to nearly 1,000 oil change centers. It was acquired by Pennzoil, in 1990, and later merged with Quaker State, in 1998. All of Quaker's Q-Lubes would eventually be renamed Jiffy Lube. Four years later, Royal Dutch/Shell, a subsidiary of Shell Oil, acquired Pennzoil-Quaker State, including the Jiffy Lubes. "Today, Jiffy Lube has 2,200 outlets in North America that provide oil changes and other maintenance services on transmissions and air conditioning and fuel systems" ("Overview - Jiffy")."
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Fire Prevention in the Oil Industry, 2003.
This paper talks about the importance of fire prevention in the oil industry and discusses many of the aspects of fire prevention.
5,820 words (approx. 23.3 pages), 20 sources, APA, £ 97.95
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Abstract
This paper begins with an introduction stating why fire prevention is necessary. It then discusses the different classes of fires and provides information on the source of combustion and ignition of each class of fire. Next, the paper describes the common causes of fires in the oil industry and provides facts and statistics that support these claims. The paper also takes a closer look at electrical problems, malfunctions, and lightning strikes that cause fires. Training programs, types of fire alarms, and extinguishing methods are also discussed. The paper concludes with recommendations on fire prevention.
Causes Of Fires In Industry
Training Program
Fire-Alarm System
Automatic Sprinklers
Portable Fire Extinguishers
Conclusions
Recommendations
From the Paper
"Fire protection in the gas and oil industry is extremely important. However, at the economic level, fire protection costs money to design, install and maintain. In business it is an overhead expense that does not produce income. Money for fire protection is often hard to come by and money for maintenance is often one of the first areas where costs are cut. Companies seem to be willing to take a positive chance that fire will not strike, rather than take a positive step to provide fire protection and control. If companies are frugal to spend money on fire protection, they should consider the best fire protection that is needed for their company. Fire protection is usually provided for different reasons. The first is that fire protection is required by local codes. Local codes are considered the minimum requirements that a company must provide to protect the surrounding community (Ignall, 1975, p.89). However, even though the building must comply with local legislative requirements, such compliance does not mean that the facility is fire safe or that production can be resumed after a fire occurs. Generally the local codes only protect the community from the plant, and if a fire does occur and does not kill or harm anyone or spread to other properties, the code has considered being able to do its job."
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Accounting in the Oil and Gas Industry, 2004.
This paper discusses financial accounting for the oil and gas industry in the Middle East.
4,972 words (approx. 19.9 pages), 8 sources, APA, £ 94.95
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Abstract
This paper reviews the oil and gas industry in the Middle East, specifically Oman. The author applies accounting for the industry.
From the Paper
"The focus of this paper is financial accounting for the oil and gas industry. While accounting in the oil and gas industry generally is discussed in this paper where appropriate and feasible certain perspectives are provides added emphasis. The first of these perspective sis the Sultanate of Oman. Where conditions or characteristics of either the oil and gas industry or the application of financial accounting in that industry differs markedly between the general industry and the industry in Oman such variations are identified ..."
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The Arctic National Wildlife Refuge?s Preservation vs. the Oil Industry, 2002.
This paper examines the ongoing debate between those who support the oil industry and those who wish to protect the Alaskan coastal plains from being drilled in search of oil.
1,495 words (approx. 6.0 pages), 4 sources, APA, £ 34.95
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Abstract
This paper summarizes the argument against drilling for oil in the Arctic National Wildlife Refuge on the basis of damage that would be caused to the environment and the wildlife inhabiting the region. The topic is connected to the events of September 11th which nearly allowed the Republicans to push through an emergency Energy Security Bill, allowing for the extraction of oil from the ANWR.
From the Paper
"In the past 10 months many people have claimed that the world as we knew it a year ago has been profoundly and irreversibly transformed with the events of September 11th, 2001. Others have attacked these claims as being yet another example of American ethnocentrism and egocentricity: the world has not changed, the USA simply got a taste of reality. However, whether the United States was living in a sheltered state of denial in which true poverty, destruction and war never found a home on its shores, or whether the world truly has changed entirely, is a subject for a different debate and a different paper."
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Oil Industry Maintenance, 2004.
An evaluation of the maintenance requirements of the petroleum industry.
7,872 words (approx. 31.5 pages), 18 sources, MLA, £ 119.95
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Abstract
This paper examines how maintenance issues and scheduling are very important for the petroleum industry and how different business units have to work in close coordination with each other in order to achieve the best performance from all the equipment within the organization. It also discusses the importance of training and education and how training should not be restricted to the maintenance departments, but rather the need and reason for maintenance should be provided to all employees within the organization. It shows how the stability of the oil and gas industry depends on its ability to answer the market's increased demand, while still providing profits. All scheduling for maintenance in the oil production business should be done based on the bottleneck, the product most required.
Outline
Introduction
Existing Conditions in the Petroleum Industry
Problems Faced by Maintenance Departments and Their Impact on the Petroleum Industry
Discussion of the Maintenance Requirements
Maintenance of Tanks Used For Storage of Petroleum Products in Tank Farms
Maintenance of Refineries on a Holistic and Generalized Bases
Results Expected From the Maintenance Program Set in Place
From the Paper
"Many of the key players in the oil and gas industry are striving to reduce their outstanding debts and improving their cash flow. Organizations involved in the productions, distribution and warehousing of petroleum products are realizing that by using preventive maintenance (PM) and behaving proactive with regards to the problems and issues faced within their operations that can achieve their goal of reducing costs and operational expenses. Constant risk assessments of the manufacturing and production facilities and periodic evaluation of all the work processes has helped many other industries improve their bottom line. The petroleum industry is quick to realize the gains and advantages that can be got by using many of the tried and tested management tools used by other industries."
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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, £ 69.95
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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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Project Management in the Oil Industry, 2008.
This paper analyzes how to accomplish successful project management in order to create a smooth transition of an oil refinery company's operating activities into a newly created subsidiary.
1,463 words (approx. 5.9 pages), 4 sources, APA, £ 33.95
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Abstract
This paper discusses the importance and implementation of successful project management in order to transfer an oil refinery company's operating activities into a newly created subsidiary as well as to transform the crux of the business activity from cost to a profit center. In general, this paper describes project management as the discipline of organizing and managing resources, including people, in a manner that allows for the project to be completed within a defined scope, quality, time and cost constraints. Specifically, this paper defines the specific objectives of project management, such as ensuring optimized allocation and integration of all the inputs needed in order to meet the previously defined objectives, including the previously defined constraints. Also, the paper looks at successful methods of management, such as the project management body of knowledge (PMBOK) method, in which the project manager is responsible for supervising the activities and resources of the project to ensure that it is completed within the given constraints. Further, it examines Tom Robinette's equal triangle approach for working with the constraints of budget, project scope and timeline.
Outline:
Introduction
Project Integration Management
Basic Requirements
PMBOK
The Project Manager
Traditional Approach
Core KA
Functional Control
Human Resources
Project Management Essentials
Facilitating KA
Competing Constraints
Equal Triangle Approach
Role of Technology
Conclusion
From the Paper
"To do this, the project manager must understand the real business problem that is being solved, create a solution for the problem, and then create a project team capable of implementing that solution. Further, it is essential that the project manager ensure that his or her team is committed to the project. To do this, the project manager must work with the team member's individual manager and take the necessary steps to ensure that all milestones and deliverables are being met. More so, using such external motivators as cash, especially when connected to performance reviews, is, according to Robinette, 'always a great motivator'."
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Industry Scan: Oil and Gas in Australia, 2005.
An environmental scanning report which examines the Australian oil and gas extraction industry.
2,700 words (approx. 10.8 pages), 15 sources, APA, £ 56.95
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Abstract
The oil and gas extraction industry in Australia is comprised of firms that are primarily engaged in producing crude oil, natural gas or condensate and in treating these products on site to produce liquefied or purified forms of oil and gas. The paper presents an industry and environmental scan of oil and gas extraction in Australia. It includes graphs and tables.
Paper Outline:
Products of the Industry
Market Structure
Market Size and Sales
International Environment
Regulatory Environment
Demographics
Industry Problems
Industry Trends and Forecasts
Porter's 5 Forces Model Analysis
Bibliography
From the Paper
"According to Richard A. Kerr, many economists foresee another half-century of cheap oil; however, a growing contingent of geologists warns that oil will begin to run out much sooner--perhaps in only 10 years or so. The optimists are characterized as mainly those who place their faith in new technology for finding and extracting oil and expect that production will meet rise in demand until about 50 years from now, a period deemed sufficient to identify and develop effective energy alternatives; however, the pessimists suggest that even taking into account the best efforts of the explorationists and the discovery of new fields in frontier areas such as the Caspian Sea sometime between 2010 and 2020, the production oil from wells around the world will peak at 80 million barrels per day, then begin a steady, inevitable decline (Kerr, 1998)."
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