Case Analysis : Petrobras Profile

Increasingly, the treats from much of overseas organization are emerging because many national research institution are paying more attention on this challenge of eco-innovation for the future. Therefore, all the department will be threatened by businesses, both small and big. Many organization are ready responding advantageously to threat from the product and service. To reply to the treat from the renewable energy market, oil and natural gas companies like BP and Shell go through important changes in their mentality and now they become the energy providers. The president of Shell said that the Kyoto Treaty has caused the British-Dutch company to move some of it’s concentrated from petroleum towards alternative fossil sources. Therefore the threat of new entrant are

Currently headquartered in London, BP is one of the largest producers of both oil and natural gas. BP provides its customers with fuel for transportation and energy for heat and light. BP’s core business is gas exploration and production division and their main sources of production include Angola, Argentina, Australia, Azerbaijan, Egypt, Trinidad, the United Arab Emirates, the United Kingdom and the United States (BP PLC (BP) Company Profile | Reuters.com. (n.d.). Retrieved October 27, 2015.). In 2013, BP produced 628,000 barrels of oil each day in the US and was the sixth largest producer of natural gas. Each day, BP sells 50 million gallons of fuel in the US consisting of 7,500 BP branded locations located in 13 states. BP is always seeking new opportunities for advancement in technology so that their operation is safer and more efficient. The company is leading the way in in the energy industry with the world’s largest supercomputer used for commercial research, located in Houston and also the first to use drones in the United States. To further place themselves ahead in the industry, BP has invested over $160 million in 2 dozen companies for advancements in technology. BP currently has 17,000 employees and on average, donates approximately $30 million each year to community

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 of 72 billion oil equivalent barrels of oil and gas. On average, each day, they produce 2.5 million barrels of oil and 10.5 billion cubic feet of gas (4). Their asset base, includes more than 60,000 production wells in 1,800 fields in 25 countries.

BP is the third largest multi-national company 's energy companies. It specializes in oil; natural gas and alternative fuels, such as electricity and renewable energy. BP also and Chemicals, Marketing and refining them in the industry very competitive player. BP has changed: from the development of the local oil company into a global energy group, employing over 96,000 people and operates in more than 100 countries worldwide. BP believes that sustainable growth and corporate social responsibility has been included but it is whether CSR has actually been realized yet been established, or if it ISA

Our mission is to provide consumers with innovative products to increase efficiency and productivity while proving to have less impact on our environment and help our customers do so as well. We wish to prolong our current economic growth and protect our planet in the process. The integrity of our company is based on the quality of our products, our satisfied customers, the integrity and conscientiousness of our employees and our sincerity to innovative development and evolution.

The company is made up of a diverse group of good and effective leadership, each leader bring different strengths that add the overall success of the company. This also brings the quality product and services for the customers. The company attracts people with its leadership chain and offices in both Japan and in the

Working as Petrobras as a Head of Planning and Enterprise Performance I was responsible to build and coordinate the relationships with the strategic partners of the different oil fields my company had in Joint Venture. One occasion in December, an expensive bottle of whiskey was sent on my name as a present from one business partner who had just joined that year the Joint Venture. Presents are not rare in this relationships, however there are clear limits applicable to the presents so decisions are not influenced by those presents. The present sent to me clearly exceeded the limit stated in our ethic code so first, I reported the case to my direct manager and second, I sent the present back to the business partner explaining the company policies

In addition to the challenging economic policy issues it is confronting, Brazil has simultaneously been in a very fragile political state ever since the Petrobras scandal investigation, known as Operation Lava Jato (Carwash), was initiated in 2014. In order to appreciate the significance of the Petrobras scandal and its negative impact on the people’s trust, it is important to comprehend the significance of Petrobras, the state-owned oil giant, and its role in Brazilian society. In Galster’s 2009 article, he discusses the nationalization of the oil industry in Brazil, the creation of Petrobras, and how it acquired its power and political influence. Galster emphasizes how the oil industry barely existed fifty years ago, and that it became very successful due to shrewd policies, such as keeping up to date with the latest technologies and implementing free market mechanisms. Also, Petrobras is a multinational oil company controlled and majority owned by the Brazilian federal government, but it is traded on the stock markets around the world, unlike most other Latin American countries (Galster, 2009).

Aldemir Bendine the president of Petrobras has credited the company’s success to the accurate investments, like the projects in production. Some percentages that were something to mention were the 4.6% of petroleum production increase from the year before. This percentage was even more than their forecast for 2015-2019.

Brazil's economy is very diverse with considerable variation between regions. The most developed industry is concentrated in the south and southeast of the country. North-east – the poorest region of Brazil, but now he is beginning

The reducing oil prices in the past months & over production by OPEC nations, new oil field breakthrough done by other nations has kept the price of the crude oil to its lowest since the GFC. World is heavily dependent on oil and gas to meet its energy and other demands, which is met by few oil & gas producing countries who has this natural resource in abundance and brazil is one of them, it hold 15.6 billion barrels proven oil reserves as per oil regulatory authority, comes next to Venezuela in South America. Most of the reserves are offshore hidden deep beneath the ocean bed known as Presalt oil which makes 94% of the total Brazilian

Petrobras’s official monopoly ended in January 2002, when the Brazilian government deregulated domestic prices for crude oil and oil products. Petrobras’s first discoveries were made onshore in the Northeast of Brazil in the 1950s and 1960s. In the mid 1980s, when the giant deepwater pools in the Campos Basin were discovered and developed, the profile of the company started to shift upstream toward exploration, development, and production.

British Petroleum (BP) is the world largest retailer of gasoline in the United States. It ranks at the top of three global oil and gas industry. From the corporate watch website (2009), it pointed out that almost 70% of the profits are gained from the US and Europe. In addition, BP is also devoted for aviation fuels and shipping aspects. It is reported that about 900 ports and more than 1400 airports have been supplied by the BP’s lubricants and fuels. Meanwhile, BP has operated on other countries such as Asia and South America in order to expand its market and explorations.

BP p.l.c. is an energy company with an upstream business of extracting crude oil and downstream business of providing processed energy to companies. It is listed in both the New York Stock Exchange (NYSE) based in the United States of America and the London Stock Exchange (LSE). BP is based in London and they carry out oil prospecting extraction and retail its product in more than 70 countries. Out of the companies operating in the oil industry, the biggest two competitor of BP is ExxonMobil and Chevron. ExxonMobil and Chevron are chosen due to their similarities to BP and they are ranked

It is one of the most leading energy experts in many fields. They have with more than 120,000 employees working for them and they are spread over 100 countries and have a sale of 19.6 billion euros in (2010) in over 200 countries. The company was among the 330 biggest companies in the world on 2011 Fortune Global 500 annual rankings of the world’s largest corporations. They have transformed from the