Strategic Management of Uk Oil and Gas Industry

International Comparison In addition to the US peak oil situation, the US Oil Drilling and Gas Extraction Industry faces heavy foreign market competition. In 2011, the US ranked 3rd in oil production, behind Saudi Arabia and Russia (Energy, 2012). Saudi Arabia’s OPEC governor expects Saudi output to rise steadily beyond 2030 with a 1.5 million barrel per day spare production capacity then (Energy, 2012). Russia holds the world’s largest

According to America’s Markets of USA Today, [Oil production has jumped from 5.0 million barrels per day in 2008 to 7.4 million last year and is expected to average 8.5 million this year and 9.3 million next year, according to the EIA, the analytical arm of the Department of Energy.” (Koch par. 2)]

APACHE CORPORATION – PART I OIL & GAS EXTERNAL ENVIRONMENT ANALYSIS University of Houston - Victoria Ngan Tran – 1211564 MGMT 6359 10/12/2014 1.1 General Environmental Analysis 1.1.1 Demographic Segment The age demographic segment of oil and gas industry is normally people in their late 40s and early 50s. There is also a group of neophytes but there are very few people with ages between the two groups. Also, most of the people in this industry are highly specialty engineers with experience and skills to make important decision about drilling. There are also other specialty people in the business sides to vision and plan the competitive strategies to compete with other companies.

The “U.S. became the world’s top producer of petroleum and natural gas” in 2013 (Energy Infrastructure). “Capital spending in the infrastructure that moves and transforms oil and gas into everyday products … has increased by 60 percent between 2010 and 2013” (Energy Infrastructure). The rise to become the top producer has led to the decrease in “U.S. oil import dependence” and the “rise of U.S. product exports” (U.S. Oil Import Dependence). The increased exportation of oil and gas by the U.S. has allowed both of these products to become large moneymakers for the United States. Although we will probably never “completely eliminate our need” for oil, we can reduce our petroleum consumption and the damage we inflict on the environment (Reduce Oil Dependence Costs). By decreasing the “dependence on oil” in new vehicles, there has been a

Currently, the United States is the largest importer of crude oil in the world, while it is only the 3rd largest producer. In 2013, while we imported 7.7 million barrels of oil a day, we only produced 7.5 million (Dakota Access). It is critical that we produce more and import less so we can be more self-sufficient in energy production and focus on our country’s economy, to benefit the American people.

It is estimated that 1.3 trillion barrels of oil reserve is left in the world’s major fields (Institution of Mechanical Engineers 2015). At present rates of consumption this will be enough oil to last approximately 40 years. By 2040, it is intended for production levels may be down to 15 million barrels per day which is approximately 20% of the amount of oil which is currently being consumed (Institution of Mechanical Engineers 2015). It is likely by the year 2040 that the world’s population will be twice as large (United States Census Bureau 2015). Additionally, it is likely that more of the world will be industrialized and therefore more dependent upon oil.

The consumption of oil in the world is big and increasing. 85 million barrels of oil are consumed per day, which equals 40 thousand gallons per second and these figures are growing dramatically (Kuhlman, 2007). There are 33 out of 48 countries have reached the peak of oil production to supply our today’s industrial civilization (Kuhlman, 2007). Peak oil, which means

The multi-billion dollar gas industry is seeking to expand its production across the nation, in light of new technology making extracting natural gas much easier. A Healthy alternative to the fossil fuels we so frivolously use is now more critical than ever. In 2011, the United States used 18.83 million barrels of raw oil daily, and in 2010 19.18 million barrels of petroleum products and biofuels. In 2010 and 2011, that was nearly 22% of the world’s oil supply. (U.S Department of Energy)

With Research shown the late ruin in as costs has turned into a strain on the earth. Not just would this turn out to be awful on our planet however as contamination expands an ever increasing amount, worldwide atmosphere begins to quickly change, ocean level ascent, and more to come. The interest now for this shoddy oil has started to wind up on an unfaltering ascent. This has prompted an immense business sector disappointment. The supply has went up as interest has gone down because of the value change in gas. This would bring about business sector disappointment with a colossal generation a fuel.

If the government decides to continue with the drilling of new sites or expand the Keystone XL Pipeline there are environmental dangers and concerns to follow and still not enough oil production to fuel the countries demand. The importing of oil from foreign countries would still be a necessity. For now the prices of gasoline are still on the rise and with use of the oil money future tool prices are sure to continue rising. As it seems in this current economic crisis, consumers need to make their voice heard with the government and hope something will change with the way oil is produced and imported to lower the cost for everyone.

Executive Summary This report demonstrates the evaluation of current performance of JD Sports Company. Method of Analysis includes Ansoff’s matrix and Porter’s generic growth strategies to discuss the nature of the market which JD Sports invest in. The financial methods are including the flexibility and stability of JD sports which judged by the liquidity, current ratio, operation capital, gearing and profit margin of this company. These figures could be collected from the annual report or balance sheet. This report analyzed the JD sport’s position in the market, and used generic and external growth method to expand market size. Such as acquired a lot stores to improve business profitability. Obviously, JD has expanded to the European

The gas supply chain has many phases but can be grouped together as five phases and some being more invasive then others. All companies in the Oil and Gas industries use the, some slightly different, process of phases the gasoline takes to be distributed. The first phase that is taken is the domestic and import of oil that is sent to the refinery, the next 4 steps are the steps that are taken to turn the oil and gas into a product that can be used for the public and how it is distributed. All phase of the gasoline supply chain are very crucial and no phases can be skipped over.

World oil demand is increasing as emerging economies need more energy to increase their living standards. Estimates, shown below, are that by 2030, China and India as emerging markets will import over 70% to 90% of their fossil fuel needs (1) . Coupled to a continued high and

Strategic Management and Strategic Competitiveness Cathy Shaw Professor Etta Steed BUS499 Business Administration Capstone 16 January 2016 Globalization changes have impacted Burger King in the following ways; since the company began in 1953 with its first restaurant in Jacksonville, Florida and opened several locations across the United States, the company began its international expansion in 1969 with its first international franchise location in Canada, followed by Australia in 1971, and Europe in 1975. The setting up of franchises outside the United States was as a result of fast food opportunities arising outside the United States. So as to fully integrate in the international market, Burger King had to adopt and embrace

Part One: Multiple choices: 1. A plan of action designed to achieve a particular goal is: b. Strategy 2. It is important to develop mission statement for: a. Allocating organizational resources 3. The five forces model was developed by: c. Michael E. Porter 4. How many elements are involve in developing in an organizational strategy: a. Six 5. The three important steps in SWOT analysis are: b. Opportunities, Threats, Strengths 6. GE matrix consists of how 4. Future- oriented: Strategic management encompasses forecasts, what is anticipated by the managers. In such decisions, emphasis is placed on the development of projections that will enable the firm to select the most promising strategic options. In the turbulent environment, a firm will succeed only if it takes a proactive stance towards change.